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More Return PCL (BKK:MORE-F) Cyclically Adjusted Book per Share : ฿0.13 (As of Mar. 2025)


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What is More Return 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.

More Return PCL's adjusted book value per share for the three months ended in Mar. 2025 was ฿0.141. 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 ฿0.13 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 More Return PCL was 5.70% per year. The lowest was 5.70% per year. And the median was 5.70% per year.

As of today (2025-07-20), More Return PCL's current stock price is ฿0.03. More Return PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿0.13. More Return PCL's Cyclically Adjusted PB Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of More Return PCL was 24.33. The lowest was 0.15. And the median was 1.58.


More Return PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for More Return 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.

More Return PCL Cyclically Adjusted Book per Share Chart

More Return 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 - 0.03 0.35 1.61 0.20

More Return 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 1.79 3.22 0.09 0.20 0.13

Competitive Comparison of More Return PCL's Cyclically Adjusted Book per Share

For the Utilities - Regulated Water subindustry, More Return 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.


More Return PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, More Return PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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More Return 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, More Return 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)
=0.141/134.9266*134.9266
=0.141

Current CPI (Mar. 2025) = 134.9266.

More Return PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.184 100.684 0.247
201509 0.170 100.392 0.228
201512 0.127 99.792 0.172
201603 0.110 100.470 0.148
201606 0.107 101.688 0.142
201609 0.090 101.861 0.119
201612 0.049 101.863 0.065
201703 0.064 102.862 0.084
201706 0.044 103.349 0.057
201709 0.030 104.136 0.039
201712 0.019 104.011 0.025
201803 0.024 105.290 0.031
201806 0.029 106.317 0.037
201809 0.026 106.507 0.033
201812 0.052 105.998 0.066
201903 0.051 107.251 0.064
201906 0.051 108.070 0.064
201909 0.051 108.329 0.064
201912 0.050 108.420 0.062
202003 0.049 108.902 0.061
202006 0.048 108.767 0.060
202009 0.045 109.815 0.055
202012 0.043 109.897 0.053
202103 0.044 111.754 0.053
202106 0.046 114.631 0.054
202109 0.060 115.734 0.070
202112 0.220 117.630 0.252
202203 0.196 121.301 0.218
202206 0.219 125.017 0.236
202209 0.209 125.227 0.225
202212 0.258 125.222 0.278
202303 0.247 127.348 0.262
202306 0.247 128.729 0.259
202309 0.241 129.860 0.250
202312 0.203 129.419 0.212
202403 0.200 131.776 0.205
202406 0.176 132.554 0.179
202409 0.174 133.029 0.176
202412 0.143 133.157 0.145
202503 0.141 134.927 0.141

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


More Return PCL  (BKK:MORE-F) 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.

More Return PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.03/0.13
=0.23

* 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 More Return PCL was 24.33. The lowest was 0.15. And the median was 1.58.


Be Aware

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


More Return PCL Cyclically Adjusted Book per Share Related Terms

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


More Return PCL Business Description

Industry
Traded in Other Exchanges
Address
Vibhavadi Rangsit Road, Soi Vibhavadi Rangsit 17, 222/148-150, Baan Suan Chatuchak Condominium, Chatuchak Sub-district, Chatuchak District, Bangkok, THA, 10900
More Return PCL is a Thailand-based company. Along with its subsidiaries, it operates in the following reportable segments; Services, Utilities, and Trading. A majority of its revenue is generated from the Utilities segment which is engaged in producing and selling treated water, and installation of water supply systems. The Services segment is responsible for consulting and organizing concerts, and the Trading segment is responsible for selling mosquito repellent spray products.

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