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Grande Asset Hotels And Property PCL (BKK:GRAND) Cyclically Adjusted Book per Share : ฿0.60 (As of Mar. 2024)


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What is Grande Asset Hotels And Property 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.

Grande Asset Hotels And Property PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿0.311. 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 ฿0.60 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% 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 Grande Asset Hotels And Property PCL was 7.90% per year. The lowest was 4.90% per year. And the median was 7.70% per year.

As of today (2024-06-03), Grande Asset Hotels And Property PCL's current stock price is ฿0.13. Grande Asset Hotels And Property PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.60. Grande Asset Hotels And Property PCL's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grande Asset Hotels And Property PCL was 1.20. The lowest was 0.21. And the median was 0.51.


Grande Asset Hotels And Property PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grande Asset Hotels And Property 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.

Grande Asset Hotels And Property PCL Cyclically Adjusted Book per Share Chart

Grande Asset Hotels And Property 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 0.47 0.52 0.55 0.59 0.60

Grande Asset Hotels And Property 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 0.60 0.60 0.61 0.60 0.60

Competitive Comparison of Grande Asset Hotels And Property PCL's Cyclically Adjusted Book per Share

For the Lodging subindustry, Grande Asset Hotels And Property 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.


Grande Asset Hotels And Property PCL's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grande Asset Hotels And Property PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grande Asset Hotels And Property PCL's Cyclically Adjusted PB Ratio falls into.



Grande Asset Hotels And Property 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, Grande Asset Hotels And Property 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)
=0.311/131.7762*131.7762
=0.311

Current CPI (Mar. 2024) = 131.7762.

Grande Asset Hotels And Property PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.492 100.560 0.645
201409 0.499 100.428 0.655
201412 0.502 99.070 0.668
201503 0.499 99.621 0.660
201506 0.484 100.684 0.633
201509 0.481 100.392 0.631
201512 0.480 99.792 0.634
201603 0.490 100.470 0.643
201606 0.478 101.688 0.619
201609 0.472 101.861 0.611
201612 0.481 101.863 0.622
201703 0.480 102.862 0.615
201706 0.481 103.349 0.613
201709 0.479 104.136 0.606
201712 0.600 104.011 0.760
201803 0.635 105.290 0.795
201806 0.622 106.317 0.771
201809 0.623 106.507 0.771
201812 0.622 105.998 0.773
201903 0.615 107.251 0.756
201906 0.578 108.070 0.705
201909 0.566 108.329 0.689
201912 0.567 108.420 0.689
202003 0.541 108.902 0.655
202006 0.493 108.767 0.597
202009 0.459 109.815 0.551
202012 0.423 109.897 0.507
202103 0.382 111.754 0.450
202106 0.337 114.631 0.387
202109 0.287 115.734 0.327
202112 0.590 117.630 0.661
202203 1.181 121.301 1.283
202206 0.447 125.017 0.471
202209 0.424 125.227 0.446
202212 0.407 125.222 0.428
202303 0.388 127.348 0.401
202306 0.370 128.729 0.379
202309 0.344 129.860 0.349
202312 0.329 129.419 0.335
202403 0.311 131.776 0.311

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


Grande Asset Hotels And Property PCL  (BKK:GRAND) 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.

Grande Asset Hotels And Property PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.13/0.6
=0.22

* 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 Grande Asset Hotels And Property PCL was 1.20. The lowest was 0.21. And the median was 0.51.


Be Aware

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


Grande Asset Hotels And Property PCL Cyclically Adjusted Book per Share Related Terms

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


Grande Asset Hotels And Property PCL (BKK:GRAND) Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit Road, Room No 3203-4 32nd Floor, 388, Exchange Tower Building, Klongtoey Sub-district, Klongtoey District, Bangkok, THA, 10110
Grande Asset Hotels And Property PCL is a company. operates in the hotel industry. Its operating segments include Hotel business; Rental business, and Property development business., of which prime revenue is derived from the Hotel business segment. The company focuses its business and long-term investment in hotels that are international and globally managed brands and real estate development. Its property portfolio includes Sheraton Hua Hin Pranburi Villas, Sheraton Hua Hin Resort & Spa Hotel, The Westin Grande Sukhumvit, Hyde Sukhumvit Condominium, Hua Hin Blue Lagoon Resort, and The Trendy Condominium.

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