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Navakij Insurance PCL (BKK:NKI) Cyclically Adjusted Book per Share : ฿68.45 (As of Mar. 2024)


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What is Navakij Insurance 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.

Navakij Insurance PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿56.828. 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 ฿68.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Navakij Insurance PCL's average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Navakij Insurance PCL was 3.70% per year. The lowest was 0.40% per year. And the median was 2.55% per year.

As of today (2024-06-10), Navakij Insurance PCL's current stock price is ฿25.75. Navakij Insurance PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿68.45. Navakij Insurance PCL's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Navakij Insurance PCL was 0.98. The lowest was 0.37. And the median was 0.74.


Navakij Insurance PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Navakij Insurance 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.

Navakij Insurance PCL Cyclically Adjusted Book per Share Chart

Navakij Insurance 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 61.31 60.78 64.11 67.41 67.74

Navakij Insurance 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 68.03 68.28 68.39 67.74 68.45

Competitive Comparison of Navakij Insurance PCL's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, Navakij Insurance 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.


Navakij Insurance PCL's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Navakij Insurance PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Navakij Insurance 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, Navakij Insurance 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)
=56.828/131.7762*131.7762
=56.828

Current CPI (Mar. 2024) = 131.7762.

Navakij Insurance PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 57.954 100.560 75.945
201409 60.730 100.428 79.687
201412 59.194 99.070 78.736
201503 61.973 99.621 81.976
201506 58.436 100.684 76.482
201509 57.525 100.392 75.509
201512 56.287 99.792 74.327
201603 58.781 100.470 77.097
201606 55.077 101.688 71.374
201609 54.348 101.861 70.309
201612 55.158 101.863 71.356
201703 57.147 102.862 73.211
201706 56.667 103.349 72.254
201709 58.015 104.136 73.414
201712 57.169 104.011 72.430
201803 59.098 105.290 73.965
201806 55.391 106.317 68.655
201809 57.315 106.507 70.913
201812 55.452 105.998 68.938
201903 57.629 107.251 70.807
201906 55.932 108.070 68.202
201909 55.275 108.329 67.239
201912 54.381 108.420 66.096
202003 50.523 108.902 61.135
202006 53.634 108.767 64.980
202009 54.020 109.815 64.823
202012 55.120 109.897 66.094
202103 57.020 111.754 67.236
202106 58.013 114.631 66.690
202109 57.267 115.734 65.205
202112 59.165 117.630 66.280
202203 58.892 121.301 63.978
202206 56.124 125.017 59.159
202209 56.144 125.227 59.080
202212 57.501 125.222 60.511
202303 57.530 127.348 59.531
202306 58.292 128.729 59.672
202309 58.071 129.860 58.928
202312 58.031 129.419 59.088
202403 56.828 131.776 56.828

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


Navakij Insurance PCL  (BKK:NKI) 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.

Navakij Insurance PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.75/68.45
=0.38

* 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 Navakij Insurance PCL was 0.98. The lowest was 0.37. And the median was 0.74.


Be Aware

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


Navakij Insurance PCL Cyclically Adjusted Book per Share Related Terms

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


Navakij Insurance PCL (BKK:NKI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
100/47-55, and 90/3-6, North Sathorn Road, Sathon Thani Complex, Floor 26-27, 100/50-55, Silom, Bangrak, Bangkok, THA, 10500
Navakij Insurance PCL is a Thailand-based company engaged in the provision of non-life insurance. The different kinds of insurance offered by the company include Motor Insurance, Fire Insurance, Marine and Transportation Insurance, and miscellaneous Insurance. The Company operates its business in Thailand only.

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