GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CH. Karnchang PCL (BKK:CK-R) » Definitions » Cyclically Adjusted Book per Share

CH. Karnchang PCL (BKK:CK-R) Cyclically Adjusted Book per Share : ฿18.28 (As of Mar. 2025)


View and export this data going back to 1995. Start your Free Trial

What is CH. Karnchang 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.

CH. Karnchang PCL's adjusted book value per share for the three months ended in Mar. 2025 was ฿15.308. 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 ฿18.28 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CH. Karnchang PCL's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.50% 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 CH. Karnchang PCL was 14.10% per year. The lowest was 7.20% per year. And the median was 12.30% per year.

As of today (2025-06-29), CH. Karnchang PCL's current stock price is ฿14.60. CH. Karnchang PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿18.28. CH. Karnchang PCL's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CH. Karnchang PCL was 3.68. The lowest was 0.64. And the median was 1.50.


CH. Karnchang PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for CH. Karnchang 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.

CH. Karnchang PCL Cyclically Adjusted Book per Share Chart

CH. Karnchang 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 13.30 12.58 15.64 15.82 16.43

CH. Karnchang 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 14.67 16.94 16.78 16.43 18.28

Competitive Comparison of CH. Karnchang PCL's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, CH. Karnchang 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.


CH. Karnchang PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, CH. Karnchang PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

CH. Karnchang 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, CH. Karnchang 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)
=15.308/134.9266*134.9266
=15.308

Current CPI (Mar. 2025) = 134.9266.

CH. Karnchang PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 12.055 100.684 16.155
201509 11.640 100.392 15.644
201512 12.077 99.792 16.329
201603 12.067 100.470 16.205
201606 12.653 101.688 16.789
201609 12.507 101.861 16.567
201612 12.681 101.863 16.797
201703 12.765 102.862 16.744
201706 12.915 103.349 16.861
201709 13.065 104.136 16.928
201712 13.865 104.011 17.986
201803 13.877 105.290 17.783
201806 13.835 106.317 17.558
201809 14.840 106.507 18.800
201812 15.007 105.998 19.103
201903 15.152 107.251 19.062
201906 16.718 108.070 20.873
201909 16.087 108.329 20.037
201912 16.171 108.420 20.124
202003 15.166 108.902 18.790
202006 15.545 108.767 19.284
202009 16.020 109.815 19.683
202012 15.590 109.897 19.141
202103 15.470 111.754 18.678
202106 15.561 114.631 18.316
202109 15.600 115.734 18.187
202112 15.483 117.630 17.760
202203 15.546 121.301 17.292
202206 15.201 125.017 16.406
202209 14.856 125.227 16.007
202212 14.492 125.222 15.615
202303 14.454 127.348 15.314
202306 14.477 128.729 15.174
202309 14.814 129.860 15.392
202312 15.044 129.419 15.684
202403 15.161 131.776 15.523
202406 15.183 132.554 15.455
202409 15.941 133.029 16.168
202412 15.356 133.157 15.560
202503 15.308 134.927 15.308

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


CH. Karnchang PCL  (BKK:CK-R) 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.

CH. Karnchang PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.60/18.28
=0.80

* 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 CH. Karnchang PCL was 3.68. The lowest was 0.64. And the median was 1.50.


Be Aware

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


CH. Karnchang PCL Cyclically Adjusted Book per Share Related Terms

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


CH. Karnchang PCL Business Description

Industry
Traded in Other Exchanges
Address
587 Suthisarn Winitchai Road, Khwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CH. Karnchang PCL is engaged in the provision of construction services. Its construction services include public transport system, airport, road, expressway, bridge, energy, water and port system and building. The Group is principally engaged in construction and provision of related services and investment in infrastructure, and the two geographic areas in which these activities are carried on are Thailand and the Lao People's Democratic Republic.

CH. Karnchang PCL Headlines

No Headlines