GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » CSP Steel Center PCL (BKK:CSP) » Definitions » Cyclically Adjusted Book per Share

CSP Steel Center PCL (BKK:CSP) Cyclically Adjusted Book per Share : ฿1.68 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is CSP Steel Center 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.

CSP Steel Center PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿1.325. 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 ฿1.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CSP Steel Center PCL's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.70% 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 CSP Steel Center PCL was 3.60% per year. The lowest was -2.70% per year. And the median was 1.55% per year.

As of today (2024-06-09), CSP Steel Center PCL's current stock price is ฿1.05. CSP Steel Center PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.68. CSP Steel Center PCL's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CSP Steel Center PCL was 1.97. The lowest was 0.32. And the median was 0.74.


CSP Steel Center PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for CSP Steel Center 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.

CSP Steel Center PCL Cyclically Adjusted Book per Share Chart

CSP Steel Center 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 1.56 1.50 1.60 1.68 1.67

CSP Steel Center 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 1.70 1.70 1.70 1.67 1.68

Competitive Comparison of CSP Steel Center PCL's Cyclically Adjusted Book per Share

For the Steel subindustry, CSP Steel Center 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.


CSP Steel Center PCL's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, CSP Steel Center PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CSP Steel Center PCL's Cyclically Adjusted PB Ratio falls into.



CSP Steel Center 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, CSP Steel Center 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)
=1.325/131.7762*131.7762
=1.325

Current CPI (Mar. 2024) = 131.7762.

CSP Steel Center PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.752 100.560 2.296
201409 1.814 100.428 2.380
201412 1.751 99.070 2.329
201503 0.000 99.621 0.000
201506 1.392 100.684 1.822
201509 1.330 100.392 1.746
201512 1.233 99.792 1.628
201603 1.293 100.470 1.696
201606 1.364 101.688 1.768
201609 1.407 101.861 1.820
201612 1.465 101.863 1.895
201703 1.540 102.862 1.973
201706 1.557 103.349 1.985
201709 1.215 104.136 1.537
201712 1.241 104.011 1.572
201803 1.260 105.290 1.577
201806 1.275 106.317 1.580
201809 1.273 106.507 1.575
201812 1.219 105.998 1.515
201903 0.000 107.251 0.000
201906 1.192 108.070 1.453
201909 1.030 108.329 1.253
201912 0.965 108.420 1.173
202003 0.946 108.902 1.145
202006 0.950 108.767 1.151
202009 1.001 109.815 1.201
202012 1.135 109.897 1.361
202103 1.449 111.754 1.709
202106 1.627 114.631 1.870
202109 1.785 115.734 2.032
202112 1.940 117.630 2.173
202203 2.007 121.301 2.180
202206 1.787 125.017 1.884
202209 1.602 125.227 1.686
202212 1.551 125.222 1.632
202303 1.548 127.348 1.602
202306 1.450 128.729 1.484
202309 1.376 129.860 1.396
202312 1.366 129.419 1.391
202403 1.325 131.776 1.325

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


CSP Steel Center PCL  (BKK:CSP) 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.

CSP Steel Center PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.05/1.68
=0.63

* 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 CSP Steel Center PCL was 1.97. The lowest was 0.32. And the median was 0.74.


Be Aware

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


CSP Steel Center PCL Cyclically Adjusted Book per Share Related Terms

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


CSP Steel Center PCL (BKK:CSP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
475 Rama 3 Road, Bangklo, Bangkolaem, Bangkok, THA, 10120
CSP Steel Center PCL is a Thailand-based firm engaged in the manufacture and sale of sheet steel finished goods and rolled steel pipe. The company's product portfolio includes Cutting cold rolled sheet, Hot rolled steel, Coated sheet in both plate and coil types, Cold rolled steel pipe and hot rolled steel pipe, among others. It primarily operates in Thailand.

CSP Steel Center PCL (BKK:CSP) Headlines

No Headlines