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Sermsuk PCL (BKK:SSC-R) Cyclically Adjusted Book per Share : ฿21.22 (As of Sep. 2024)


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What is Sermsuk 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.

Sermsuk PCL's adjusted book value per share for the three months ended in Sep. 2024 was ฿37.853. 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 ฿21.22 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Sermsuk PCL's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Sermsuk PCL was 3.40% per year. The lowest was 1.80% per year. And the median was 3.00% per year.

As of today (2025-06-28), Sermsuk PCL's current stock price is ฿33.25. Sermsuk PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ฿21.22. Sermsuk PCL's Cyclically Adjusted PB Ratio of today is 1.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sermsuk PCL was 1.59. The lowest was 0.72. And the median was 0.91.


Sermsuk PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sermsuk 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.

Sermsuk PCL Cyclically Adjusted Book per Share Chart

Sermsuk PCL Annual Data
Trend Dec15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.15 36.64 40.01 38.46 21.22

Sermsuk PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 38.46 37.99 37.97 30.08 21.22

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

For the Beverages - Non-Alcoholic subindustry, Sermsuk 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.


Sermsuk PCL's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Sermsuk PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Sermsuk 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, Sermsuk PCL's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=37.853/133.0289*133.0289
=37.853

Current CPI (Sep. 2024) = 133.0289.

Sermsuk PCL Quarterly Data

Book Value per Share CPI Adj_Book
201409 29.769 100.428 39.433
201412 32.887 99.070 44.160
201503 32.224 99.621 43.030
201506 33.202 100.684 43.868
201509 32.562 100.392 43.148
201512 31.769 99.792 42.350
201603 31.530 100.470 41.748
201606 31.546 101.688 41.269
201609 33.601 101.861 43.882
201703 32.973 102.862 42.643
201706 32.606 103.349 41.970
201709 32.810 104.136 41.913
201712 32.468 104.011 41.526
201803 32.081 105.290 40.533
201806 31.789 106.317 39.776
201809 32.120 106.507 40.118
201812 31.727 105.998 39.818
201903 31.659 107.251 39.268
201906 31.456 108.070 38.721
201909 32.846 108.329 40.335
201912 33.134 108.420 40.655
202003 33.064 108.902 40.389
202006 33.087 108.767 40.467
202009 33.461 109.815 40.534
202012 33.876 109.897 41.007
202103 33.729 111.754 40.150
202106 33.854 114.631 39.287
202109 33.853 115.734 38.912
202112 33.977 117.630 38.425
202203 33.706 121.301 36.965
202206 33.849 125.017 36.018
202209 35.032 125.227 37.215
202212 35.178 125.222 37.371
202303 35.051 127.348 36.615
202306 35.295 128.729 36.474
202309 35.929 129.860 36.806
202312 36.143 129.419 37.151
202403 36.086 131.776 36.429
202406 36.636 132.554 36.767
202409 37.853 133.029 37.853

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


Sermsuk PCL  (BKK:SSC-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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.25/21.22
=1.57

* 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 Sermsuk PCL was 1.59. The lowest was 0.72. And the median was 0.91.


Be Aware

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


Sermsuk PCL Cyclically Adjusted Book per Share Related Terms

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


Sermsuk PCL Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, 90 CW Tower, 31st - 32nd Floor, Huai Khwang Sub-District, Huay Khwang District, Bangkok, THA, 10310
Sermsuk PCL is a Thailand-based refreshment beverage company. It is engaged in the production and distribution of soft drinks, drinking water, sports drinks, energy drinks, and other beverages, including soda, tea, and other beverages. The company's operating segments include Carbonated soft drinks and Non-Carbonated soft drinks. The Carbonated soft drink segment produces and distributes soft drinks, sports drinks, and soda. It generates maximum revenue from the Non-Carbonated soft drink segment which produces and distributes drinking water, energy drinks, and other beverages as well as a distributor of tea. Geographically, it operates only in Thailand.

Sermsuk PCL Headlines

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