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Emc PCL (BKK:EMC) Cyclically Adjusted Book per Share : ฿0.30 (As of Mar. 2024)


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What is Emc 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.

Emc PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿0.132. 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 ฿0.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Emc PCL's average Cyclically Adjusted Book Growth Rate was -9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -17.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -20.70% 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 Emc PCL was -16.60% per year. The lowest was -24.10% per year. And the median was -17.70% per year.

As of today (2024-06-21), Emc PCL's current stock price is ฿0.06. Emc PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.30. Emc PCL's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Emc PCL was 0.64. The lowest was 0.11. And the median was 0.33.


Emc PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Emc 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.

Emc PCL Cyclically Adjusted Book per Share Chart

Emc 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 0.62 0.52 0.45 0.36 0.29

Emc 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 0.33 0.30 0.30 0.29 0.30

Competitive Comparison of Emc PCL's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Emc 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.


Emc PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Emc 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, Emc 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)
=0.132/131.7762*131.7762
=0.132

Current CPI (Mar. 2024) = 131.7762.

Emc PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.316 100.560 0.414
201409 0.281 100.428 0.369
201412 0.305 99.070 0.406
201503 0.299 99.621 0.396
201506 0.376 100.684 0.492
201509 0.374 100.392 0.491
201512 0.300 99.792 0.396
201603 0.299 100.470 0.392
201606 0.292 101.688 0.378
201609 0.286 101.861 0.370
201612 0.270 101.863 0.349
201703 0.268 102.862 0.343
201706 0.258 103.349 0.329
201709 0.194 104.136 0.245
201712 0.193 104.011 0.245
201803 0.193 105.290 0.242
201806 0.194 106.317 0.240
201809 0.202 106.507 0.250
201812 0.237 105.998 0.295
201903 0.243 107.251 0.299
201906 0.244 108.070 0.298
201909 0.239 108.329 0.291
201912 0.238 108.420 0.289
202003 0.236 108.902 0.286
202006 0.240 108.767 0.291
202009 0.241 109.815 0.289
202012 0.245 109.897 0.294
202103 0.247 111.754 0.291
202106 0.248 114.631 0.285
202109 0.249 115.734 0.284
202112 0.235 117.630 0.263
202203 0.229 121.301 0.249
202206 0.229 125.017 0.241
202209 0.221 125.227 0.233
202212 0.195 125.222 0.205
202303 0.188 127.348 0.195
202306 0.185 128.729 0.189
202309 0.176 129.860 0.179
202312 0.129 129.419 0.131
202403 0.132 131.776 0.132

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


Emc PCL  (BKK:EMC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.06/0.3
=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 Emc PCL was 0.64. The lowest was 0.11. And the median was 0.33.


Be Aware

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


Emc PCL Cyclically Adjusted Book per Share Related Terms

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


Emc PCL (BKK:EMC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Emc PCL (BKK:EMC) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
Silom Road, 140/66-67, ITF Tower, 28th-30th Floor, Suriwongse, Bangrak, Bangkok, THA, 10500
Emc PCL is a fully integrated electrical and mechanical engineering company. It comprises two business segments, Construction Contracting and Real Estate Development. Its other business operations include the design and installation of electrical systems, water supply systems, and sanitation systems. The company also provides architectural services. The company serves both government and private sector clients. The group primarily operates in Thailand and derives a majority of revenue from the Construction Contracting segment.

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