Charn Issara Development PCL (BKK:CI) Cyclically Adjusted Book per Share: ฿1.74 (As of Mar. 2026)


BKK:CI Charn Issara Development PCL BKK:CI
24 GF Score
Price ฿0.34
GF Value ฿0.36
Valuation Fairly Valued
! 3 Warning Signs
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What is Charn Issara Development PCL Cyclically Adjusted Book per Share?

Charn Issara Development PCL BKK:CI +3.03% 24 Cyclically Adjusted Book per Share is ฿1.74 as of Mar. 2026. GuruFocus rates BKK:CI with a GF Score™ of 24/100 and a GF Value™ of ฿0.36 (Fairly Valued). The stock has 3 warning signs investors should review.

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.

Charn Issara Development PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿1.026. 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 ฿1.74 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Charn Issara Development PCL's average Cyclically Adjusted Book Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.50% 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 Charn Issara Development PCL was 5.50% per year. The lowest was -0.40% per year. And the median was 4.40% per year.

As of today (2026-07-05), Charn Issara Development PCL's current stock price is ฿0.34. Charn Issara Development PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.74. Charn Issara Development PCL's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Charn Issara Development PCL was 1.17. The lowest was 0.13. And the median was 0.46.


Charn Issara Development PCL  (BKK:CI) 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.

Charn Issara Development PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.34/1.74
=0.20

* 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 Charn Issara Development PCL was 1.17. The lowest was 0.13. And the median was 0.46.


Be Aware

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


Charn Issara Development PCL Cyclically Adjusted Book per Share Related Terms


Charn Issara Development PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Charn Issara Development 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.

Charn Issara Development PCL Cyclically Adjusted Book per Share Chart

Charn Issara Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 1.75 1.79 1.78 1.73

Charn Issara Development PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.78 1.77 1.77 1.73 1.74

Charn Issara Development PCL Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Charn Issara Development 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.


Charn Issara Development PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Charn Issara Development PCL's Cyclically Adjusted PB Ratio falls into.


BKK:CI
24GF Score
Charn Issara Development PCL BKK:CI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Charn Issara Development 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, Charn Issara Development PCL's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.026/330.2130*330.2130
=1.026

Current CPI (Mar. 2026) = 330.2130.

Charn Issara Development PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.557 241.018 2.133
201609 1.465 241.428 2.004
201612 1.660 241.432 2.270
201703 1.633 243.801 2.212
201706 1.532 244.955 2.065
201709 1.498 246.819 2.004
201712 1.633 246.524 2.187
201803 1.609 249.554 2.129
201806 1.504 251.989 1.971
201809 1.460 252.439 1.910
201812 1.649 251.233 2.167
201903 1.572 254.202 2.042
201906 1.445 256.143 1.863
201909 1.340 256.759 1.723
201912 1.868 256.974 2.400
202003 1.668 258.115 2.134
202006 1.557 257.797 1.994
202009 1.475 260.280 1.871
202012 1.466 260.474 1.859
202103 1.426 264.877 1.778
202106 1.308 271.696 1.590
202109 1.363 274.310 1.641
202112 1.376 278.802 1.630
202203 1.286 287.504 1.477
202206 1.248 296.311 1.391
202209 1.179 296.808 1.312
202212 1.817 296.797 2.022
202303 1.690 301.836 1.849
202306 1.603 305.109 1.735
202309 1.546 307.789 1.659
202312 1.497 306.746 1.612
202403 1.503 312.332 1.589
202406 1.315 314.175 1.382
202409 1.275 315.301 1.335
202412 1.181 315.605 1.236
202503 1.138 319.799 1.175
202506 1.027 322.561 1.051
202509 1.067 324.800 1.085
202512 1.014 324.054 1.033
202603 1.026 330.213 1.026

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

What does a Cyclically Adjusted Book per Share of ฿1.74 mean?
Charn Issara Development PCL (BKK:CI) has a Cyclically Adjusted Book per Share of ฿1.74 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Charn Issara Development PCL and its competitors.
Is Charn Issara Development PCL's Cyclically Adjusted Book per Share too high?
Charn Issara Development PCL's current Cyclically Adjusted Book per Share is ฿1.74. Overall, Charn Issara Development PCL has a GF Score™ of 24/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Charn Issara Development PCL's Cyclically Adjusted Book per Share compare to competitors?
Charn Issara Development PCL's Cyclically Adjusted Book per Share of ฿1.74 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Charn Issara Development PCL and its competitors. Charn Issara Development PCL's current Cyclically Adjusted Book per Share is ฿1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charn Issara Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Charn Issara Development PCL (BKK:CI) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.36, compared to a current price of ฿0.34 — trading 5.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿1.74. Charn Issara Development PCL's overall GF Score™ is 24/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Charn Issara Development PCL (BKK:CI), the current Cyclically Adjusted Book per Share is ฿1.74 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Charn Issara Development PCL (BKK:CI) Overvalued in 2026?

Based on GuruFocus' analysis, Charn Issara Development PCL stock appears to be undervalued. The current stock price of ฿0.34 is trading 5.6% below its estimated GF Value™ of ฿0.36. GuruFocus considers Charn Issara Development PCL to be Fairly Valued.

Key valuation signals for BKK:CI:

  • Cyclically Adjusted Book per Share: ฿1.74
  • GF Value™: ฿0.36 vs. price of ฿0.34 (5.6% below fair value)
  • GF Score™: 24/100 with 3 warning signs

No single metric tells the full story. See the BKK:CI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Charn Issara Development PCL Business Description

Address 2922/200, New Petchburi Road, 10th Floor, Charn Issara Tower 2, Bangkapi Sub-district, HuayKwang, Bangkok, THA, 10310
Charn Issara Development PCL engages in the real estate business. It is principally engaged in sale or lease of office condominiums and property development in Thailand. Its portfolio and projects include office buildings, shopping centers, House and Townhome, Hotel, Dining and Entertainment, SPA and residential condominiums. The Company have four reportable segments, which are real estate development, lease of office condominium units, hotel operations and sales of goods. Geographically, the company operates in Thailand. The maximum of its revenue is derived from the hotel operations segment.
24GF Score

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Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.34
Price
฿0.36
GF Value