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Patkol PCL (BKK:PK) Cyclically Adjusted Book per Share : ฿3.65 (As of Mar. 2024)


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What is Patkol 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.

Patkol PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿2.460. 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 ฿3.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Patkol PCL's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.40% 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 Patkol PCL was 18.00% per year. The lowest was 17.40% per year. And the median was 17.70% per year.

As of today (2024-05-21), Patkol PCL's current stock price is ฿0.69. Patkol PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿3.65. Patkol PCL's Cyclically Adjusted PB Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Patkol PCL was 1.27. The lowest was 0.19. And the median was 0.69.


Patkol PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Patkol 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.

Patkol PCL Cyclically Adjusted Book per Share Chart

Patkol 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 2.09 2.21 3.16 3.43 3.58

Patkol 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 3.47 3.53 3.58 3.58 3.65

Competitive Comparison of Patkol PCL's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Patkol 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.


Patkol PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Patkol 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, Patkol 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)
=2.46/131.7762*131.7762
=2.460

Current CPI (Mar. 2024) = 131.7762.

Patkol PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.958 100.560 2.566
201409 1.962 100.428 2.574
201412 2.447 99.070 3.255
201503 2.463 99.621 3.258
201506 2.551 100.684 3.339
201509 2.566 100.392 3.368
201512 3.014 99.792 3.980
201603 3.205 100.470 4.204
201606 3.224 101.688 4.178
201609 3.335 101.861 4.314
201612 3.194 101.863 4.132
201703 3.595 102.862 4.606
201706 3.357 103.349 4.280
201709 3.545 104.136 4.486
201712 3.659 104.011 4.636
201803 3.661 105.290 4.582
201806 3.628 106.317 4.497
201809 3.567 106.507 4.413
201812 3.491 105.998 4.340
201903 3.278 107.251 4.028
201906 3.152 108.070 3.843
201909 2.950 108.329 3.588
201912 3.281 108.420 3.988
202003 3.236 108.902 3.916
202006 3.278 108.767 3.971
202009 3.313 109.815 3.976
202012 3.485 109.897 4.179
202103 3.538 111.754 4.172
202106 2.860 114.631 3.288
202109 2.923 115.734 3.328
202112 3.005 117.630 3.366
202203 2.952 121.301 3.207
202206 2.695 125.017 2.841
202209 2.666 125.227 2.805
202212 2.833 125.222 2.981
202303 2.839 127.348 2.938
202306 2.750 128.729 2.815
202309 2.696 129.860 2.736
202312 2.577 129.419 2.624
202403 2.460 131.776 2.460

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


Patkol PCL  (BKK:PK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.69/3.65
=0.19

* 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 Patkol PCL was 1.27. The lowest was 0.19. And the median was 0.69.


Be Aware

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


Patkol PCL Cyclically Adjusted Book per Share Related Terms

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


Patkol PCL (BKK:PK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
348 Chalermprakiat Rama 9 Road, Nongbon Subdistrict, Pravate District, Bangkok, THA, 10250
Patkol PCL is a Thailand-based company involved in the diversified business sector. It is engaged in the trading and services of engineering products which include turnkey sales of services in design, manufacturing, and installation of various types of industrial refrigeration for the ice making industry, supermarket, dairy, and ice-cream processing industry, food-related processing industry and supply industry. It has various segments that are the Ice machine and system; Machinery for industrial refrigeration system; Machinery and system for liquid; and Central management and others, out of which the Ice machine and system generate maximum revenue for the company.

Patkol PCL (BKK:PK) Headlines