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Siam Cement PCL (BKK:SCC-R) Cyclically Adjusted Book per Share : ฿355.47 (As of Mar. 2024)


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What is Siam Cement 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.

Siam Cement PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿314.237. 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 ฿355.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Siam Cement 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 13.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.80% 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 Siam Cement PCL was 13.10% per year. The lowest was 9.90% per year. And the median was 11.90% per year.

As of today (2024-06-06), Siam Cement PCL's current stock price is ฿325.00. Siam Cement PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿355.47. Siam Cement PCL's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Siam Cement PCL was 4.23. The lowest was 0.85. And the median was 2.06.


Siam Cement PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Siam Cement 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.

Siam Cement PCL Cyclically Adjusted Book per Share Chart

Siam Cement 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 172.31 189.06 217.41 247.68 288.51

Siam Cement 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 260.93 256.55 290.88 288.51 355.47

Competitive Comparison of Siam Cement PCL's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Siam Cement 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.


Siam Cement PCL's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Siam Cement PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Siam Cement 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, Siam Cement 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)
=314.237/131.7762*131.7762
=314.237

Current CPI (Mar. 2024) = 131.7762.

Siam Cement PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 140.004 100.560 183.465
201409 140.204 100.428 183.968
201412 147.736 99.070 196.509
201503 148.652 99.621 196.633
201506 161.980 100.684 212.001
201509 162.171 100.392 212.869
201512 171.801 99.792 226.864
201603 173.938 100.470 228.136
201606 187.398 101.688 242.846
201609 189.036 101.861 244.553
201612 200.019 101.863 258.758
201703 199.071 102.862 255.029
201706 209.770 103.349 267.469
201709 210.221 104.136 266.020
201712 217.581 104.011 275.663
201803 214.466 105.290 268.417
201806 226.465 106.317 280.696
201809 222.770 106.507 275.624
201812 230.914 105.998 287.071
201903 229.666 107.251 282.185
201906 232.055 108.070 282.960
201909 229.313 108.329 278.945
201912 233.513 108.420 283.817
202003 243.088 108.902 294.149
202006 247.071 108.767 299.337
202009 252.291 109.815 302.745
202012 267.477 109.897 320.729
202103 277.005 111.754 326.633
202106 293.315 114.631 337.185
202109 299.191 115.734 340.662
202112 304.742 117.630 341.392
202203 302.334 121.301 328.443
202206 319.567 125.017 336.845
202209 329.611 125.227 346.851
202212 311.879 125.222 328.203
202303 322.872 127.348 334.100
202306 317.393 128.729 324.907
202309 319.700 129.860 324.419
202312 303.301 129.419 308.824
202403 314.237 131.776 314.237

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


Siam Cement PCL  (BKK:SCC-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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=325.00/355.47
=0.91

* 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 Siam Cement PCL was 4.23. The lowest was 0.85. And the median was 2.06.


Be Aware

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


Siam Cement PCL Cyclically Adjusted Book per Share Related Terms

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


Siam Cement PCL (BKK:SCC-R) Business Description

Industry
Address
1 Siam Cement Road, Bangsue, Bangkok, THA, 10800
Siam Cement PCL is a holding company, which through its subsidiaries, manufactures and sells a variety of building materials, chemicals, and packaging products. The company organizes itself into four segments based on product type. The chemicals segment, which generates more revenue than any other segment, sells olefins and polyolefins. The cement-building materials segment sells cement, ready-mix concrete, roof tiles, ceramic tiles, and sanitary products. The packaging segment sells pulp, printing and writing paper, and corrugated paper used for packaging. The other segment sells automotive parts and steel. The majority of revenue comes from Thailand.

Siam Cement PCL (BKK:SCC-R) Headlines

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