GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Beyond Securities PCL (BKK:BYD-F) » Definitions » Cyclically Adjusted Book per Share

Beyond Securities PCL (BKK:BYD-F) Cyclically Adjusted Book per Share : ฿11.82 (As of Mar. 2025)


View and export this data going back to 2001. Start your Free Trial

What is Beyond Securities 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.

Beyond Securities PCL's adjusted book value per share for the three months ended in Mar. 2025 was ฿1.411. 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 ฿11.82 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Beyond Securities PCL's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Beyond Securities PCL was 10.30% per year. The lowest was -4.00% per year. And the median was 3.85% per year.

As of today (2025-07-23), Beyond Securities PCL's current stock price is ฿2.97619. Beyond Securities PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿11.82. Beyond Securities PCL's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beyond Securities PCL was 14.74. The lowest was 0.16. And the median was 0.68.


Beyond Securities PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Beyond Securities 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.

Beyond Securities PCL Cyclically Adjusted Book per Share Chart

Beyond Securities PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.90 0.12 0.11 0.35 4.83

Beyond Securities PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.08 2.85 2.67 4.83 11.82

Competitive Comparison of Beyond Securities PCL's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Beyond Securities 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.


Beyond Securities PCL's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Beyond Securities PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Beyond Securities 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, Beyond Securities PCL's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.411/134.9266*134.9266
=1.411

Current CPI (Mar. 2025) = 134.9266.

Beyond Securities PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.076 100.684 1.442
201509 1.030 100.392 1.384
201512 1.000 99.792 1.352
201603 0.989 100.470 1.328
201606 0.976 101.688 1.295
201609 0.956 101.861 1.266
201612 0.985 101.863 1.305
201703 0.989 102.862 1.297
201706 0.968 103.349 1.264
201709 0.949 104.136 1.230
201712 0.926 104.011 1.201
201803 0.912 105.290 1.169
201806 0.858 106.317 1.089
201809 0.855 106.507 1.083
201812 0.807 105.998 1.027
201903 0.617 107.251 0.776
201906 0.627 108.070 0.783
201909 0.559 108.329 0.696
201912 0.580 108.420 0.722
202003 0.528 108.902 0.654
202006 0.397 108.767 0.492
202009 0.314 109.815 0.386
202012 0.262 109.897 0.322
202103 0.261 111.754 0.315
202106 0.549 114.631 0.646
202109 0.518 115.734 0.604
202112 0.520 117.630 0.596
202203 0.504 121.301 0.561
202206 0.956 125.017 1.032
202209 2.840 125.227 3.060
202212 2.825 125.222 3.044
202303 2.738 127.348 2.901
202306 2.637 128.729 2.764
202309 2.293 129.860 2.382
202312 2.306 129.419 2.404
202403 2.300 131.776 2.355
202406 2.336 132.554 2.378
202409 2.358 133.029 2.392
202412 1.457 133.157 1.476
202503 1.411 134.927 1.411

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


Beyond Securities PCL  (BKK:BYD-F) 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.

Beyond Securities PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.97619/11.82
=0.25

* 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 Beyond Securities PCL was 14.74. The lowest was 0.16. And the median was 0.68.


Be Aware

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


Beyond Securities PCL Cyclically Adjusted Book per Share Related Terms

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


Beyond Securities PCL Business Description

Traded in Other Exchanges
Address
Ratchadapisek Road, No. 46/7 Rungroj Thanakul Building, 11th, 12th Floor, Huai Khwang Subdistrict, Huai Khwang District, Bangkok, THA, 10310
Beyond Securities PCL is engaged in the securities business. It offers services such as securities brokerage, securities trading, securities underwriting, investment advisory service, derivatives brokerage, securities borrowing, and lending and private fund management. The Company has two reportable segments which comprise of securities and derivative business segment, which provide brokerage and derivative brokerage services, including investment banking segment, and investment business segment, which provide services related to management of the investment in securities. Majority of the revenue for the company is generated from its securities and derivative business segment.

Beyond Securities PCL Headlines

No Headlines