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Solartron PCL (BKK:SOLAR-F) Cyclically Adjusted Book per Share : ฿11.28 (As of Mar. 2024)


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What is Solartron 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.

Solartron PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿0.638. 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 ฿11.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Solartron PCL's average Cyclically Adjusted Book Growth Rate was -6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.80% 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 Solartron PCL was -2.20% per year. The lowest was -3.20% per year. And the median was -2.35% per year.

As of today (2024-06-20), Solartron PCL's current stock price is ฿4.29039. Solartron PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿11.28. Solartron PCL's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Solartron PCL was 1.01. The lowest was 0.19. And the median was 0.53.


Solartron PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Solartron 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.

Solartron PCL Cyclically Adjusted Book per Share Chart

Solartron 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 8.78 10.97 5.78 9.49 11.85

Solartron 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 11.90 12.24 11.23 11.85 11.28

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

For the Solar subindustry, Solartron 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.


Solartron PCL's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solartron PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Solartron 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, Solartron 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)
=0.638/131.7762*131.7762
=0.638

Current CPI (Mar. 2024) = 131.7762.

Solartron PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.075 100.560 2.719
201409 2.087 100.428 2.738
201412 2.044 99.070 2.719
201503 2.018 99.621 2.669
201506 2.537 100.684 3.320
201509 2.540 100.392 3.334
201512 2.504 99.792 3.307
201603 2.502 100.470 3.282
201606 2.520 101.688 3.266
201609 2.507 101.861 3.243
201612 2.442 101.863 3.159
201703 2.369 102.862 3.035
201706 2.268 103.349 2.892
201709 2.143 104.136 2.712
201712 2.205 104.011 2.794
201803 2.106 105.290 2.636
201806 1.995 106.317 2.473
201809 1.850 106.507 2.289
201812 1.737 105.998 2.159
201903 1.582 107.251 1.944
201906 1.449 108.070 1.767
201909 1.305 108.329 1.587
201912 1.189 108.420 1.445
202003 1.105 108.902 1.337
202006 1.043 108.767 1.264
202009 0.981 109.815 1.177
202012 0.523 109.897 0.627
202103 0.451 111.754 0.532
202106 0.380 114.631 0.437
202109 0.286 115.734 0.326
202112 0.631 117.630 0.707
202203 0.593 121.301 0.644
202206 0.552 125.017 0.582
202209 0.505 125.227 0.531
202212 0.478 125.222 0.503
202303 0.614 127.348 0.635
202306 0.639 128.729 0.654
202309 0.644 129.860 0.654
202312 0.652 129.419 0.664
202403 0.638 131.776 0.638

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


Solartron PCL  (BKK:SOLAR-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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.29039/11.28
=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 Solartron PCL was 1.01. The lowest was 0.19. And the median was 0.53.


Be Aware

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


Solartron PCL Cyclically Adjusted Book per Share Related Terms

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


Solartron PCL (BKK:SOLAR-F) Business Description

Industry
Traded in Other Exchanges
Address
1000/65-67, Sukhumvit 71 Road, 16th Floor, P.B. Tower, North Klongton, Wattana, Bangkok, THA, 10110
Solartron PCL is a Thailand-based company. Together with its subsidiaries, the company is engaged in manufacturing and distribution, selling and installation of solar-cell systems and related equipment, and construction of solar power plants. It operates in the segments of Selling and installation of solar-cell systems, Distribution of solar-cell, Sale of electricity, Hire of work, and another segment. The group derives a majority of its revenue from the Selling and installation of solar-cell systems. It generates prime revenue from operations located in Thailand.

Solartron PCL (BKK:SOLAR-F) Headlines

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