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N.C. Housing PCL (BKK:NCH-R) Cyclically Adjusted Book per Share : ฿3.34 (As of Mar. 2024)


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What is N.C. Housing 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.

N.C. Housing PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿2.534. 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 ฿3.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, N.C. Housing PCL's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 N.C. Housing PCL was 6.50% per year. The lowest was 2.30% per year. And the median was 5.05% per year.

As of today (2024-06-23), N.C. Housing PCL's current stock price is ฿1.29. N.C. Housing PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿3.34. N.C. Housing PCL's Cyclically Adjusted PB Ratio of today is 0.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of N.C. Housing PCL was 0.86. The lowest was 0.21. And the median was 0.50.


N.C. Housing PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for N.C. Housing 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.

N.C. Housing PCL Cyclically Adjusted Book per Share Chart

N.C. Housing 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 2.51 2.23 2.22 2.39 3.21

N.C. Housing 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 2.45 2.60 2.80 3.21 3.34

Competitive Comparison of N.C. Housing PCL's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, N.C. Housing 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.


N.C. Housing PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, N.C. Housing PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where N.C. Housing PCL's Cyclically Adjusted PB Ratio falls into.



N.C. Housing 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, N.C. Housing 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)
=2.534/131.7762*131.7762
=2.534

Current CPI (Mar. 2024) = 131.7762.

N.C. Housing PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.843 100.560 2.415
201409 1.847 100.428 2.424
201412 1.904 99.070 2.533
201503 1.929 99.621 2.552
201506 0.000 100.684 0.000
201509 1.946 100.392 2.554
201512 1.969 99.792 2.600
201603 2.056 100.470 2.697
201606 2.079 101.688 2.694
201609 1.975 101.861 2.555
201612 1.980 101.863 2.561
201703 1.984 102.862 2.542
201706 1.985 103.349 2.531
201709 1.994 104.136 2.523
201712 1.999 104.011 2.533
201803 2.004 105.290 2.508
201806 2.020 106.317 2.504
201809 2.029 106.507 2.510
201812 2.076 105.998 2.581
201903 2.103 107.251 2.584
201906 2.065 108.070 2.518
201909 2.077 108.329 2.527
201912 2.062 108.420 2.506
202003 2.068 108.902 2.502
202006 2.117 108.767 2.565
202009 2.118 109.815 2.542
202012 2.156 109.897 2.585
202103 2.220 111.754 2.618
202106 2.222 114.631 2.554
202109 2.255 115.734 2.568
202112 2.318 117.630 2.597
202203 2.391 121.301 2.597
202206 2.401 125.017 2.531
202209 2.463 125.227 2.592
202212 2.521 125.222 2.653
202303 2.571 127.348 2.660
202306 2.506 128.729 2.565
202309 2.514 129.860 2.551
202312 2.539 129.419 2.585
202403 2.534 131.776 2.534

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


N.C. Housing PCL  (BKK:NCH-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.

N.C. Housing PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.29/3.34
=0.39

* 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 N.C. Housing PCL was 0.86. The lowest was 0.21. And the median was 0.50.


Be Aware

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


N.C. Housing PCL Cyclically Adjusted Book per Share Related Terms

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


N.C. Housing PCL (BKK:NCH-R) Business Description

Industry
Traded in Other Exchanges
Address
Soi Amporn Phaholyothin Road K.M. 26, 1/765 Moo 17, Tambol Kukod, Aumpur Lumlookka, Patumtanee, THA, 12130
N.C. Housing PCL is engaged in the development of the real estate properties business. The group operate its business as a real estate developer for trade in various areas such as houses for sale including the land development, providing construction services, condominium for sale, providing rental space in clubhouse and health rehabilitation and senior care center, among others. It operates in the segments of Real Estate, Rental and Services, Contractor, Property Manager Services and Wellness services. The company generates prime revenue from the Real Estate segment, and carries its operations in Thailand.

N.C. Housing PCL (BKK:NCH-R) Headlines

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