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PP Prime PCL (BKK:PPPM-F) Cyclically Adjusted Book per Share : ฿62.73 (As of Dec. 2023)


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What is PP Prime 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.

PP Prime PCL's adjusted book value per share for the three months ended in Dec. 2023 was ฿0.871. 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 ฿62.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PP Prime PCL's average Cyclically Adjusted Book Growth Rate was -13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.70% 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 PP Prime PCL was -6.00% per year. The lowest was -9.10% per year. And the median was -7.20% per year.

As of today (2024-05-21), PP Prime PCL's current stock price is ฿7.27777. PP Prime PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿62.73. PP Prime PCL's Cyclically Adjusted PB Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PP Prime PCL was 1.09. The lowest was 0.04. And the median was 0.21.


PP Prime PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for PP Prime 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.

PP Prime PCL Cyclically Adjusted Book per Share Chart

PP Prime 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 38.11 51.20 11.04 30.14 62.73

PP Prime PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 30.14 35.30 31.10 41.26 62.73

Competitive Comparison of PP Prime PCL's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, PP Prime 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.


PP Prime PCL's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PP Prime PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PP Prime 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, PP Prime PCL's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.871/129.4194*129.4194
=0.871

Current CPI (Dec. 2023) = 129.4194.

PP Prime PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.321 99.695 17.293
201406 12.975 100.560 16.699
201409 12.953 100.428 16.692
201412 12.916 99.070 16.873
201503 12.568 99.621 16.327
201506 12.619 100.684 16.221
201509 12.590 100.392 16.230
201512 12.210 99.792 15.835
201603 12.180 100.470 15.689
201606 12.432 101.688 15.822
201609 12.998 101.861 16.515
201612 14.045 101.863 17.845
201703 14.614 102.862 18.387
201706 13.871 103.349 17.370
201709 13.203 104.136 16.409
201712 10.630 104.011 13.227
201803 9.975 105.290 12.261
201806 7.999 106.317 9.737
201809 7.823 106.507 9.506
201812 6.798 105.998 8.300
201903 6.151 107.251 7.422
201906 4.950 108.070 5.928
201909 4.904 108.329 5.859
201912 2.842 108.420 3.392
202003 2.123 108.902 2.523
202006 2.303 108.767 2.740
202009 2.202 109.815 2.595
202012 0.468 109.897 0.551
202103 0.007 111.754 0.008
202106 0.635 114.631 0.717
202109 0.328 115.734 0.367
202112 0.471 117.630 0.518
202203 0.647 121.301 0.690
202206 1.728 125.017 1.789
202209 1.139 125.227 1.177
202212 1.144 125.222 1.182
202303 1.079 127.348 1.097
202306 1.062 128.729 1.068
202309 0.978 129.860 0.975
202312 0.871 129.419 0.871

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


PP Prime PCL  (BKK:PPPM-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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.27777/62.73
=0.12

* 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 PP Prime PCL was 1.09. The lowest was 0.04. And the median was 0.21.


Be Aware

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


PP Prime PCL Cyclically Adjusted Book per Share Related Terms

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


PP Prime PCL (BKK:PPPM-F) Business Description

Traded in Other Exchanges
Address
62 - 62/1 Moo 2 Rorporchor Utapao Road, Nong Chumphon Subdistrict, Khao Yoi District, Phetchaburi, THA, 76140
PP Prime PCL is principally engaged in the manufacture and distribution of aquatic animal feed and pet food and power plant for electricity generation and distribution. The company's operating segments are the Aquatic animal feed segment, the Pets food segment, and the Production and distribution of electricity segment. It produces shrimp food products, fish food products, and pet food products. The company has a business presence in Thailand and Japan. A majority of its revenue is generated from Thailand.

PP Prime PCL (BKK:PPPM-F) Headlines

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