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Chiangmai Frozen Foods PCL (BKK:CM-R) Cyclically Adjusted Book per Share : ฿4.23 (As of Mar. 2025)


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What is Chiangmai Frozen Foods 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.

Chiangmai Frozen Foods PCL's adjusted book value per share for the three months ended in Mar. 2025 was ฿3.613. 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 ฿4.23 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.80% 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 Chiangmai Frozen Foods PCL was 3.70% per year. The lowest was 1.80% per year. And the median was 3.20% per year.

As of today (2025-07-18), Chiangmai Frozen Foods PCL's current stock price is ฿1.69. Chiangmai Frozen Foods PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿4.23. Chiangmai Frozen Foods PCL's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chiangmai Frozen Foods PCL was 1.33. The lowest was 0.38. And the median was 0.71.


Chiangmai Frozen Foods PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chiangmai Frozen Foods 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.

Chiangmai Frozen Foods PCL Cyclically Adjusted Book per Share Chart

Chiangmai Frozen Foods 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 3.69 4.00 4.17 3.96 4.22

Chiangmai Frozen Foods 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 3.74 4.00 3.93 4.22 4.23

Competitive Comparison of Chiangmai Frozen Foods PCL's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Chiangmai Frozen Foods 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.


Chiangmai Frozen Foods PCL's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chiangmai Frozen Foods PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chiangmai Frozen Foods PCL's Cyclically Adjusted PB Ratio falls into.


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Chiangmai Frozen Foods 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, Chiangmai Frozen Foods 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)
=3.613/134.9266*134.9266
=3.613

Current CPI (Mar. 2025) = 134.9266.

Chiangmai Frozen Foods PCL Quarterly Data

Book Value per Share CPI Adj_Book
201503 3.331 99.621 4.511
201506 3.361 100.684 4.504
201509 3.518 100.392 4.728
201512 3.539 99.792 4.785
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 3.854 101.863 5.105
201703 0.000 102.862 0.000
201706 3.777 103.349 4.931
201709 3.765 104.136 4.878
201712 3.788 104.011 4.914
201803 3.845 105.290 4.927
201806 3.744 106.317 4.752
201809 3.817 106.507 4.836
201812 3.738 105.998 4.758
201903 3.713 107.251 4.671
201906 3.620 108.070 4.520
201909 3.692 108.329 4.598
201912 3.699 108.420 4.603
202003 3.588 108.902 4.445
202006 3.673 108.767 4.556
202009 3.631 109.815 4.461
202012 3.597 109.897 4.416
202103 3.546 111.754 4.281
202106 3.516 114.631 4.138
202109 3.437 115.734 4.007
202112 3.361 117.630 3.855
202203 3.378 121.301 3.757
202206 3.360 125.017 3.626
202209 3.282 125.227 3.536
202212 3.336 125.222 3.595
202303 3.326 127.348 3.524
202306 3.309 128.729 3.468
202309 3.446 129.860 3.580
202312 3.575 129.419 3.727
202403 3.565 131.776 3.650
202406 3.595 132.554 3.659
202409 3.688 133.029 3.741
202412 3.595 133.157 3.643
202503 3.613 134.927 3.613

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


Chiangmai Frozen Foods PCL  (BKK:CM-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.

Chiangmai Frozen Foods PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.69/4.23
=0.40

* 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 Chiangmai Frozen Foods PCL was 1.33. The lowest was 0.38. And the median was 0.71.


Be Aware

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


Chiangmai Frozen Foods PCL Cyclically Adjusted Book per Share Related Terms

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


Chiangmai Frozen Foods PCL Business Description

Traded in Other Exchanges
Address
Surawongse road, 149/34, Floor 3rd-4th, Soi Anglo Plaza, Surawongse, Bangrak, Bangkok, THA, 10500
Chiangmai Frozen Foods PCL is a Thailand-based company. It is engaged in the business of manufacturing and exporting frozen vegetables. Its product line consists of Soybeans, Green beans, Sweet corn, Baby corn, and Mixed vegetables. Geographically, the company sells its products in Thailand and also exports it to other countries, of which key revenue is generated from the export sales.

Chiangmai Frozen Foods PCL Headlines

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