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Mahachai Hospital PCL (BKK:M-CHAI) Cyclically Adjusted Book per Share : ฿11.49 (As of Sep. 2024)


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What is Mahachai Hospital 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.

Mahachai Hospital PCL's adjusted book value per share for the three months ended in Sep. 2024 was ฿14.157. 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 ฿11.49 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Mahachai Hospital PCL's average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.90% 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 Mahachai Hospital PCL was 14.00% per year. The lowest was 10.00% per year. And the median was 13.00% per year.

As of today (2025-03-03), Mahachai Hospital PCL's current stock price is ฿22.40. Mahachai Hospital PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ฿11.49. Mahachai Hospital PCL's Cyclically Adjusted PB Ratio of today is 1.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mahachai Hospital PCL was 8.02. The lowest was 1.95. And the median was 3.05.


Mahachai Hospital PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mahachai Hospital 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.

Mahachai Hospital PCL Cyclically Adjusted Book per Share Chart

Mahachai Hospital 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 6.66 7.20 8.28 9.60 10.66

Mahachai Hospital PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.52 10.66 11.04 11.27 11.49

Competitive Comparison of Mahachai Hospital PCL's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, Mahachai Hospital 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.


Mahachai Hospital PCL's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Mahachai Hospital PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mahachai Hospital 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, Mahachai Hospital PCL's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=14.157/133.0289*133.0289
=14.157

Current CPI (Sep. 2024) = 133.0289.

Mahachai Hospital PCL Quarterly Data

Book Value per Share CPI Adj_Book
201412 5.709 99.070 7.666
201503 5.819 99.621 7.770
201506 5.635 100.684 7.445
201509 6.072 100.392 8.046
201512 6.834 99.792 9.110
201603 7.658 100.470 10.140
201606 7.827 101.688 10.239
201609 8.306 101.861 10.848
201612 8.565 101.863 11.186
201703 8.614 102.862 11.140
201706 8.202 103.349 10.557
201709 8.649 104.136 11.049
201712 8.722 104.011 11.155
201803 8.856 105.290 11.189
201806 8.335 106.317 10.429
201809 9.020 106.507 11.266
201812 8.744 105.998 10.974
201903 8.798 107.251 10.913
201906 8.056 108.070 9.917
201909 8.816 108.329 10.826
201912 8.918 108.420 10.942
202003 8.645 108.902 10.560
202006 8.548 108.767 10.455
202009 8.497 109.815 10.293
202012 8.770 109.897 10.616
202103 8.748 111.754 10.413
202106 9.212 114.631 10.690
202109 10.711 115.734 12.312
202112 12.090 117.630 13.673
202203 12.867 121.301 14.111
202206 12.992 125.017 13.825
202209 13.817 125.227 14.678
202212 13.820 125.222 14.682
202303 14.096 127.348 14.725
202306 13.644 128.729 14.100
202309 14.034 129.860 14.377
202312 13.941 129.419 14.330
202403 14.579 131.776 14.718
202406 13.901 132.554 13.951
202409 14.157 133.029 14.157

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


Mahachai Hospital PCL  (BKK:M-CHAI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.40/11.49
=1.95

* 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 Mahachai Hospital PCL was 8.02. The lowest was 1.95. And the median was 3.05.


Be Aware

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


Mahachai Hospital PCL Cyclically Adjusted Book per Share Related Terms

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


Mahachai Hospital PCL Business Description

Traded in Other Exchanges
Address
927/43 K., Settakij 1 Road, Mahachai, Amphur Muang, Samut Sakhon, THA, 74000
Mahachai Hospital PCL is a Thailand-based company offering medical services. It operates in the hospital and medical trading business. The company is engaged in operating a private hospital under the name of Mahachai Hospital. It offers various medical services, including a urology clinic, blood and cancer clinic, surgery, obstetrics and gynecology, ear, nose, and throat clinic, general clinic, dental and implants center, skin and beauty center, and physical department. The Group operates in Thailand only.

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