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CPL Group PCL (BKK:CPL) Cyclically Adjusted Book per Share : ฿3.33 (As of Mar. 2024)


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What is CPL Group 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.

CPL Group PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿1.883. 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 ฿3.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CPL Group PCL's average Cyclically Adjusted Book Growth Rate was -4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.50% 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 CPL Group PCL was -0.90% per year. The lowest was -2.80% per year. And the median was -1.35% per year.

As of today (2024-06-02), CPL Group PCL's current stock price is ฿1.38. CPL Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿3.33. CPL Group PCL's Cyclically Adjusted PB Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CPL Group PCL was 1.44. The lowest was 0.21. And the median was 0.57.


CPL Group PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for CPL Group 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.

CPL Group PCL Cyclically Adjusted Book per Share Chart

CPL Group PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 3.44 3.48 3.49 3.34

CPL Group 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 3.49 3.46 3.43 3.34 3.33

Competitive Comparison of CPL Group PCL's Cyclically Adjusted Book per Share

For the Footwear & Accessories subindustry, CPL Group 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.


CPL Group PCL's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CPL Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CPL Group 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, CPL Group 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)
=1.883/131.7762*131.7762
=1.883

Current CPI (Mar. 2024) = 131.7762.

CPL Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.563 100.560 4.669
201409 3.636 100.428 4.771
201412 3.699 99.070 4.920
201503 3.831 99.621 5.068
201506 3.656 100.684 4.785
201509 3.662 100.392 4.807
201512 4.453 99.792 5.880
201603 3.446 100.470 4.520
201606 3.370 101.688 4.367
201609 3.382 101.861 4.375
201612 4.224 101.863 5.464
201703 4.394 102.862 5.629
201706 2.815 103.349 3.589
201709 2.775 104.136 3.512
201712 2.444 104.011 3.096
201803 2.435 105.290 3.048
201806 2.437 106.317 3.021
201809 2.468 106.507 3.054
201812 2.466 105.998 3.066
201903 2.402 107.251 2.951
201906 2.333 108.070 2.845
201909 2.301 108.329 2.799
201912 2.080 108.420 2.528
202003 2.091 108.902 2.530
202006 2.143 108.767 2.596
202009 2.112 109.815 2.534
202012 2.128 109.897 2.552
202103 2.218 111.754 2.615
202106 2.254 114.631 2.591
202109 2.240 115.734 2.550
202112 2.265 117.630 2.537
202203 2.323 121.301 2.524
202206 2.246 125.017 2.367
202209 2.298 125.227 2.418
202212 2.259 125.222 2.377
202303 2.187 127.348 2.263
202306 2.149 128.729 2.200
202309 2.042 129.860 2.072
202312 1.860 129.419 1.894
202403 1.883 131.776 1.883

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


CPL Group PCL  (BKK:CPL) 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.

CPL Group PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.38/3.33
=0.41

* 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 CPL Group PCL was 1.44. The lowest was 0.21. And the median was 0.57.


Be Aware

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


CPL Group PCL Cyclically Adjusted Book per Share Related Terms

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


CPL Group PCL (BKK:CPL) Business Description

Traded in Other Exchanges
N/A
Address
700 Moo 6 Sukhumvit Road, Bangpoo-Mai, Mueang Samutprakran, Samutprakarn, THA, 10280
CPL Group PCL is a leather manufacturer. It is engaged in the manufacturing and distribution of leather products, rendering of tanning service and manufacturing and distribution of personal protective equipment. Its product range includes Full Grain Leather and Suede Split Leather. Its leather is Nubuck Leather, Oil & Wax Leather, Pigment Leather, Sued Leather and Water Proof Leather. Its products manufactured for delivery to domestic and foreign shoe factories. The company's segments are Tannery industry segment which has revenue from sales of finished leather products and rendering service of tanning and Personal protective equipment segment which has revenue from sales of personal protective equipment products.