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Siam Pan Group PCL (BKK:SPG) Cyclically Adjusted Book per Share : ฿17.16 (As of Mar. 2024)


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What is Siam Pan Group 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 Pan Group PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿16.600. 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 ฿17.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Siam Pan Group PCL's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% 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 Pan Group PCL was 7.70% per year. The lowest was 6.40% per year. And the median was 7.60% per year.

As of today (2024-06-09), Siam Pan Group PCL's current stock price is ฿14.20. Siam Pan Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿17.16. Siam Pan Group PCL's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Siam Pan Group PCL was 1.65. The lowest was 0.81. And the median was 1.05.


Siam Pan Group PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Siam Pan Group 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 Pan Group PCL Cyclically Adjusted Book per Share Chart

Siam Pan Group 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 12.89 13.51 14.89 16.12 16.83

Siam Pan Group 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 16.46 16.68 16.85 16.83 17.16

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

For the Specialty Chemicals subindustry, Siam Pan Group 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 Pan Group PCL's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Siam Pan Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Siam Pan Group 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 Pan Group 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)
=16.6/131.7762*131.7762
=16.600

Current CPI (Mar. 2024) = 131.7762.

Siam Pan Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.620 100.560 15.227
201409 11.862 100.428 15.565
201412 12.183 99.070 16.205
201503 12.464 99.621 16.487
201506 12.189 100.684 15.953
201509 12.126 100.392 15.917
201512 12.555 99.792 16.579
201603 12.956 100.470 16.993
201606 13.110 101.688 16.989
201609 13.089 101.861 16.933
201612 13.498 101.863 17.462
201703 13.460 102.862 17.244
201706 13.867 103.349 17.681
201709 13.648 104.136 17.271
201712 13.930 104.011 17.649
201803 14.232 105.290 17.812
201806 14.055 106.317 17.421
201809 14.245 106.507 17.625
201812 14.568 105.998 18.111
201903 14.733 107.251 18.102
201906 14.285 108.070 17.419
201909 14.451 108.329 17.579
201912 14.762 108.420 17.942
202003 15.024 108.902 18.180
202006 14.643 108.767 17.741
202009 14.851 109.815 17.821
202012 15.143 109.897 18.158
202103 15.610 111.754 18.407
202106 15.558 114.631 17.885
202109 15.811 115.734 18.003
202112 15.587 117.630 17.462
202203 15.966 121.301 17.345
202206 15.840 125.017 16.696
202209 16.032 125.227 16.871
202212 16.152 125.222 16.997
202303 16.456 127.348 17.028
202306 15.861 128.729 16.236
202309 16.055 129.860 16.292
202312 16.348 129.419 16.646
202403 16.600 131.776 16.600

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


Siam Pan Group PCL  (BKK:SPG) 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 Pan Group PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.20/17.16
=0.83

* 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 Pan Group PCL was 1.65. The lowest was 0.81. And the median was 1.05.


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 Pan Group PCL Cyclically Adjusted Book per Share Related Terms

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


Siam Pan Group PCL (BKK:SPG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 488, Nakhon Sawan Road, Mahanak Junction, Dusit District, Bangkok, THA, 10300
Siam Pan Group PCL is a Thailand based company that is engaged in the auto parts business sector. The company has the following crucial segments which include grease, lubricating oil, and batteries. In terms of revenue, the Lubricating oil segment generates more revenue for the company. The organization has its branches present in Thailand, Myanmar and other countries of which it generates maximum revenue from Thailand.