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IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) Cyclically Adjusted Book per Share : ฿3.78 (As of Mar. 2025)


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What is IFS Capital Holdings (Thailand) 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.

IFS Capital Holdings (Thailand) PCL's adjusted book value per share for the three months ended in Mar. 2025 was ฿3.669. 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 ฿3.78 for the trailing ten years ended in Mar. 2025.

During the past 12 months, IFS Capital Holdings (Thailand) PCL's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 IFS Capital Holdings (Thailand) PCL was 9.70% per year. The lowest was 7.60% per year. And the median was 9.10% per year.

As of today (2025-07-18), IFS Capital Holdings (Thailand) PCL's current stock price is ฿2.44. IFS Capital Holdings (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿3.78. IFS Capital Holdings (Thailand) PCL's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IFS Capital Holdings (Thailand) PCL was 1.56. The lowest was 0.49. And the median was 0.98.


IFS Capital Holdings (Thailand) PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for IFS Capital Holdings (Thailand) 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.

IFS Capital Holdings (Thailand) PCL Cyclically Adjusted Book per Share Chart

IFS Capital Holdings (Thailand) 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 2.47 2.77 3.04 3.32 3.76

IFS Capital Holdings (Thailand) 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 3.46 3.81 3.71 3.76 3.78

Competitive Comparison of IFS Capital Holdings (Thailand) PCL's Cyclically Adjusted Book per Share

For the Credit Services subindustry, IFS Capital Holdings (Thailand) 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.


IFS Capital Holdings (Thailand) PCL's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, IFS Capital Holdings (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IFS Capital Holdings (Thailand) PCL's Cyclically Adjusted PB Ratio falls into.


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IFS Capital Holdings (Thailand) 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, IFS Capital Holdings (Thailand) 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)
=3.669/134.9266*134.9266
=3.669

Current CPI (Mar. 2025) = 134.9266.

IFS Capital Holdings (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.082 100.684 2.790
201509 2.141 100.392 2.878
201512 2.208 99.792 2.985
201603 2.276 100.470 3.057
201606 2.214 101.688 2.938
201609 2.281 101.861 3.021
201612 2.361 101.863 3.127
201703 2.557 102.862 3.354
201706 2.417 103.349 3.155
201709 2.502 104.136 3.242
201712 2.579 104.011 3.346
201803 2.656 105.290 3.404
201806 2.588 106.317 3.284
201809 2.686 106.507 3.403
201812 2.764 105.998 3.518
201903 2.858 107.251 3.596
201906 2.873 108.070 3.587
201909 2.960 108.329 3.687
201912 3.064 108.420 3.813
202003 3.156 108.902 3.910
202006 2.989 108.767 3.708
202009 3.025 109.815 3.717
202012 3.096 109.897 3.801
202103 3.168 111.754 3.825
202106 3.100 114.631 3.649
202109 3.177 115.734 3.704
202112 3.266 117.630 3.746
202203 3.352 121.301 3.729
202206 3.269 125.017 3.528
202209 3.352 125.227 3.612
202212 3.434 125.222 3.700
202303 3.515 127.348 3.724
202306 3.433 128.729 3.598
202309 3.508 129.860 3.645
202312 3.590 129.419 3.743
202403 3.650 131.776 3.737
202406 3.549 132.554 3.613
202409 3.617 133.029 3.669
202412 3.700 133.157 3.749
202503 3.669 134.927 3.669

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


IFS Capital Holdings (Thailand) PCL  (BKK:IFS-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.

IFS Capital Holdings (Thailand) PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.44/3.78
=0.65

* 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 IFS Capital Holdings (Thailand) PCL was 1.56. The lowest was 0.49. And the median was 0.98.


Be Aware

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


IFS Capital Holdings (Thailand) PCL Cyclically Adjusted Book per Share Related Terms

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


IFS Capital Holdings (Thailand) PCL Business Description

Traded in Other Exchanges
Address
1168/55 Rama IV Road, 20th Floor Lumpini Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120
IFS Capital Holdings (Thailand) PCL is a Thailand-based company which is involved in three business segments. A factoring business is a short-term loan that provides liquidity to the business immediately and enables the business to increase its turnover in the form of buying accounts receivable. The factoring facility applies to both domestic and international sales. Hire purchase and finance leasing businesses are long-term loans for investment in the business industry. Others encompass a range of activities from corporate decisions, income, and expenses not attributed to the business segments described. The majority is derived from Factoring Business.

IFS Capital Holdings (Thailand) PCL Headlines

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