GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Star Petroleum Refining PCL (BKK:SPRC-R) » Definitions » Cyclically Adjusted Book per Share

Star Petroleum Refining PCL (BKK:SPRC-R) Cyclically Adjusted Book per Share : ฿10.90 (As of Mar. 2025)


View and export this data going back to 2015. Start your Free Trial

What is Star Petroleum Refining 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.

Star Petroleum Refining PCL's adjusted book value per share for the three months ended in Mar. 2025 was ฿9.157. 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 ฿10.90 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Star Petroleum Refining PCL's average Cyclically Adjusted Book Growth Rate was -1.60% 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.

As of today (2025-06-27), Star Petroleum Refining PCL's current stock price is ฿5.6504. Star Petroleum Refining PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿10.90. Star Petroleum Refining PCL's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Star Petroleum Refining PCL was 0.86. The lowest was 0.45. And the median was 0.67.


Star Petroleum Refining PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Star Petroleum Refining 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.

Star Petroleum Refining PCL Cyclically Adjusted Book per Share Chart

Star Petroleum Refining PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 10.36 10.53

Star Petroleum Refining PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9.52 10.39 11.99 10.53 10.90

Competitive Comparison of Star Petroleum Refining PCL's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Star Petroleum Refining 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.


Star Petroleum Refining PCL's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Star Petroleum Refining PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Star Petroleum Refining 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, Star Petroleum Refining PCL's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=9.157/134.9266*134.9266
=9.157

Current CPI (Mar. 2025) = 134.9266.

Star Petroleum Refining PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 100.684 0.000
201509 8.105 100.392 10.893
201512 8.470 99.792 11.452
201603 8.665 100.470 11.637
201606 9.073 101.688 12.039
201609 8.689 101.861 11.510
201612 9.622 101.863 12.745
201703 9.911 102.862 13.000
201706 9.291 103.349 12.130
201709 9.311 104.136 12.064
201712 9.710 104.011 12.596
201803 9.869 105.290 12.647
201806 10.286 106.317 13.054
201809 9.761 106.507 12.366
201812 8.886 105.998 11.311
201903 9.102 107.251 11.451
201906 8.664 108.070 10.817
201909 8.292 108.329 10.328
201912 7.490 108.420 9.321
202003 6.065 108.902 7.514
202006 6.016 108.767 7.463
202009 6.210 109.815 7.630
202012 6.095 109.897 7.483
202103 6.839 111.754 8.257
202106 7.167 114.631 8.436
202109 7.610 115.734 8.872
202112 7.927 117.630 9.093
202203 9.115 121.301 10.139
202206 11.178 125.017 12.064
202209 9.812 125.227 10.572
202212 8.927 125.222 9.619
202303 9.104 127.348 9.646
202306 8.810 128.729 9.234
202309 10.058 129.860 10.450
202312 9.863 129.419 10.283
202403 10.312 131.776 10.559
202406 10.458 132.554 10.645
202409 8.609 133.029 8.732
202412 9.018 133.157 9.138
202503 9.157 134.927 9.157

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


Star Petroleum Refining PCL  (BKK:SPRC-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.

Star Petroleum Refining PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.6504/10.90
=0.52

* 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 Star Petroleum Refining PCL was 0.86. The lowest was 0.45. And the median was 0.67.


Be Aware

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


Star Petroleum Refining PCL Cyclically Adjusted Book per Share Related Terms

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


Star Petroleum Refining PCL Business Description

Industry
Traded in Other Exchanges
Address
No.1, I-3B Road, Tambol Map Ta Phut, Amphur Muang Rayong, Rayong, THA, 21150
Star Petroleum Refining PCL operates petroleum refinery in Thailand. The company produces multiple petroleum products such as Liquefied Petroleum Gas, gasoline, jet fuel, diesel, fuel oil, asphalt, and others. Geographically the majority of its sales are conducted in Thailand. However, the company also produces petroleum products for international markets.

Star Petroleum Refining PCL Headlines

No Headlines