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Kiatnakin Phatra Bank PCL (BKK:KKP) Cyclically Adjusted Book per Share : ฿63.41 (As of Mar. 2024)


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What is Kiatnakin Phatra Bank 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.

Kiatnakin Phatra Bank PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿73.993. 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 ฿63.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kiatnakin Phatra Bank PCL's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Kiatnakin Phatra Bank PCL was 8.50% per year. The lowest was 3.70% per year. And the median was 6.55% per year.

As of today (2024-05-26), Kiatnakin Phatra Bank PCL's current stock price is ฿51.25. Kiatnakin Phatra Bank PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿63.41. Kiatnakin Phatra Bank PCL's Cyclically Adjusted PB Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kiatnakin Phatra Bank PCL was 1.93. The lowest was 0.76. And the median was 1.22.


Kiatnakin Phatra Bank PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kiatnakin Phatra Bank 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.

Kiatnakin Phatra Bank PCL Cyclically Adjusted Book per Share Chart

Kiatnakin Phatra Bank 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 46.87 48.41 53.29 58.15 61.85

Kiatnakin Phatra Bank 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 59.58 60.68 61.65 61.85 63.41

Competitive Comparison of Kiatnakin Phatra Bank PCL's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Kiatnakin Phatra Bank 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.


Kiatnakin Phatra Bank PCL's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kiatnakin Phatra Bank PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kiatnakin Phatra Bank 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, Kiatnakin Phatra Bank 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)
=73.993/131.7762*131.7762
=73.993

Current CPI (Mar. 2024) = 131.7762.

Kiatnakin Phatra Bank PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.035 100.560 55.084
201409 42.662 100.428 55.979
201412 43.522 99.070 57.890
201503 44.323 99.621 58.629
201506 43.756 100.684 57.268
201509 43.584 100.392 57.209
201512 44.793 99.792 59.149
201603 46.394 100.470 60.850
201606 46.148 101.688 59.803
201609 46.110 101.861 59.652
201612 47.591 101.863 61.567
201703 49.437 102.862 63.333
201706 47.110 103.349 60.068
201709 47.230 104.136 59.766
201712 48.813 104.011 61.843
201803 50.556 105.290 63.274
201806 48.884 106.317 60.590
201809 48.645 106.507 60.186
201812 49.814 105.998 61.929
201903 51.321 107.251 63.057
201906 49.651 108.070 60.543
201909 50.236 108.329 61.109
201912 51.848 108.420 63.017
202003 49.484 108.902 59.878
202006 51.408 108.767 62.283
202009 53.129 109.815 63.754
202012 54.936 109.897 65.873
202103 56.744 111.754 66.910
202106 56.628 114.631 65.098
202109 57.802 115.734 65.814
202112 60.285 117.630 67.535
202203 62.592 121.301 67.997
202206 62.551 125.017 65.933
202209 63.262 125.227 66.571
202212 68.289 125.222 71.863
202303 70.815 127.348 73.278
202306 70.864 128.729 72.542
202309 70.977 129.860 72.025
202312 72.001 129.419 73.312
202403 73.993 131.776 73.993

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


Kiatnakin Phatra Bank PCL  (BKK:KKP) 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.

Kiatnakin Phatra Bank PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=51.25/63.41
=0.81

* 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 Kiatnakin Phatra Bank PCL was 1.93. The lowest was 0.76. And the median was 1.22.


Be Aware

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


Kiatnakin Phatra Bank PCL Cyclically Adjusted Book per Share Related Terms

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


Kiatnakin Phatra Bank PCL (BKK:KKP) Business Description

Industry
Traded in Other Exchanges
Address
Sukhumvit 21 (Asoke), Khlong Toey Nua, 209 KKP Tower, Wattana, Bangkok, THA, 10110
Kiatnakin Phatra Bank PCL provides banking business through its branches network in Thailand. The company's operating segments include Commercial Banking Business, Capital Market Business and the Debt Restructuring Segment.

Kiatnakin Phatra Bank PCL (BKK:KKP) Headlines

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