GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bangkok Land PCL (BKK:BLAND) » Definitions » Cyclically Adjusted Book per Share

Bangkok Land PCL (BKK:BLAND) Cyclically Adjusted Book per Share : ฿3.01 (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Bangkok Land PCL Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Bangkok Land PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿2.784. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ฿3.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bangkok Land PCL's average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Bangkok Land PCL was 7.90% per year. The lowest was 6.20% per year. And the median was 6.85% per year.

As of today (2024-06-10), Bangkok Land PCL's current stock price is ฿0.57. Bangkok Land PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿3.01. Bangkok Land PCL's Cyclically Adjusted PB Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bangkok Land PCL was 0.96. The lowest was 0.19. And the median was 0.43.


Bangkok Land PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bangkok Land PCL's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bangkok Land PCL Cyclically Adjusted Book per Share Chart

Bangkok Land PCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.34 2.49 2.77 2.94 3.01

Bangkok Land PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.94 2.97 2.99 2.97 3.01

Competitive Comparison of Bangkok Land PCL's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Bangkok Land PCL's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bangkok Land PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bangkok Land PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bangkok Land PCL's Cyclically Adjusted PB Ratio falls into.



Bangkok Land PCL Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Bangkok Land PCL's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.784/131.7762*131.7762
=2.784

Current CPI (Mar. 2024) = 131.7762.

Bangkok Land PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.106 100.560 1.449
201409 2.272 100.428 2.981
201412 2.280 99.070 3.033
201503 2.309 99.621 3.054
201506 2.458 100.684 3.217
201509 2.431 100.392 3.191
201512 2.445 99.792 3.229
201603 2.430 100.470 3.187
201606 2.548 101.688 3.302
201609 2.363 101.861 3.057
201612 2.579 101.863 3.336
201703 2.602 102.862 3.333
201706 2.612 103.349 3.330
201709 2.552 104.136 3.229
201712 2.570 104.011 3.256
201803 2.605 105.290 3.260
201806 2.634 106.317 3.265
201809 2.567 106.507 3.176
201812 2.579 105.998 3.206
201903 2.695 107.251 3.311
201906 2.699 108.070 3.291
201909 2.612 108.329 3.177
201912 2.635 108.420 3.203
202003 2.636 108.902 3.190
202006 2.614 108.767 3.167
202009 2.584 109.815 3.101
202012 2.542 109.897 3.048
202103 2.570 111.754 3.030
202106 2.555 114.631 2.937
202109 2.508 115.734 2.856
202112 2.507 117.630 2.809
202203 2.574 121.301 2.796
202206 2.570 125.017 2.709
202209 2.537 125.227 2.670
202212 2.548 125.222 2.681
202303 2.605 127.348 2.696
202306 2.608 128.729 2.670
202309 2.603 129.860 2.641
202312 2.610 129.419 2.658
202403 2.784 131.776 2.784

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Bangkok Land PCL  (BKK:BLAND) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Bangkok Land PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.57/3.01
=0.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bangkok Land PCL was 0.96. The lowest was 0.19. And the median was 0.43.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Bangkok Land PCL Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Bangkok Land PCL's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Bangkok Land PCL (BKK:BLAND) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Popular 3 Road, Tambol Bannmai, Amphur Pakkred, 10th Floor, New Geneva Industry Condominium, 47/569 - 576 Moo 3, Nonthaburi, THA
Bangkok Land is a Thailand-based property holding company. The principal business of the Company and its subsidiaries comprise real estate development, exhibition and convention, food and beverage, investment in hotels, and education. The real estate, which is involved in developing residential and commercial properties for sale and rental; exhibition center, which provides a broad range of facilities and services for customers to hold activities and functions.

Bangkok Land PCL (BKK:BLAND) Headlines

No Headlines