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Lighting & Equipment PCL (BKK:L&E) Cyclically Adjusted Book per Share : ฿2.80 (As of Mar. 2025)


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What is Lighting & Equipment 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.

Lighting & Equipment PCL's adjusted book value per share for the three months ended in Mar. 2025 was ฿2.179. 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 ฿2.80 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Lighting & Equipment PCL's average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% 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 Lighting & Equipment PCL was 7.00% per year. The lowest was 3.00% per year. And the median was 6.15% per year.

As of today (2025-05-29), Lighting & Equipment PCL's current stock price is ฿1.20. Lighting & Equipment PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿2.80. Lighting & Equipment PCL's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lighting & Equipment PCL was 1.47. The lowest was 0.35. And the median was 0.79.


Lighting & Equipment PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lighting & Equipment 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.

Lighting & Equipment PCL Cyclically Adjusted Book per Share Chart

Lighting & Equipment 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 2.34 2.55 2.72 2.79 2.79

Lighting & Equipment 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 2.83 2.83 2.82 2.79 2.80

Competitive Comparison of Lighting & Equipment PCL's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Lighting & Equipment 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.


Lighting & Equipment PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting & Equipment PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Lighting & Equipment 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, Lighting & Equipment 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)
=2.179/134.9266*134.9266
=2.179

Current CPI (Mar. 2025) = 134.9266.

Lighting & Equipment PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.296 100.684 3.077
201509 2.049 100.392 2.754
201512 2.372 99.792 3.207
201603 2.379 100.470 3.195
201606 2.315 101.688 3.072
201609 2.382 101.861 3.155
201612 2.428 101.863 3.216
201703 2.438 102.862 3.198
201706 2.294 103.349 2.995
201709 2.346 104.136 3.040
201712 2.386 104.011 3.095
201803 2.423 105.290 3.105
201806 2.356 106.317 2.990
201809 2.427 106.507 3.075
201812 2.500 105.998 3.182
201903 2.531 107.251 3.184
201906 2.334 108.070 2.914
201909 2.383 108.329 2.968
201912 2.460 108.420 3.061
202003 2.460 108.902 3.048
202006 2.309 108.767 2.864
202009 2.348 109.815 2.885
202012 2.377 109.897 2.918
202103 2.374 111.754 2.866
202106 2.309 114.631 2.718
202109 2.326 115.734 2.712
202112 2.366 117.630 2.714
202203 2.379 121.301 2.646
202206 2.315 125.017 2.499
202209 2.339 125.227 2.520
202212 2.358 125.222 2.541
202303 2.360 127.348 2.500
202306 2.257 128.729 2.366
202309 2.263 129.860 2.351
202312 2.258 129.419 2.354
202403 2.226 131.776 2.279
202406 2.153 132.554 2.192
202409 2.192 133.029 2.223
202412 2.252 133.157 2.282
202503 2.179 134.927 2.179

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


Lighting & Equipment PCL  (BKK:L&E) 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.

Lighting & Equipment PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.20/2.80
=0.43

* 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 Lighting & Equipment PCL was 1.47. The lowest was 0.35. And the median was 0.79.


Be Aware

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


Lighting & Equipment PCL Cyclically Adjusted Book per Share Related Terms

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


Lighting & Equipment PCL Business Description

Traded in Other Exchanges
Address
Sri-Ayudhya Road, 539/2, 16-17 Floor, Gypsum Metropolitan Tower, Rajthevee, Bangkok, THA, 10400
Lighting & Equipment PCL is engaged in trading lighting fixtures, lamps, electrical equipment, and installation service and design of electric and lighting systems. Its other products include cable turning systems, light-emitting diodes (LEDs), light boxes, lighting control equipment, lighting poles, luminaries, optical fiber lighting, and others. These products are sold through two main channels, project and retail. The company operates in a single line of business, namely the lighting business in Thailand.

Lighting & Equipment PCL Headlines

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