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TCM PCL (BKK:TCMC-R) Cyclically Adjusted Book per Share : ฿3.71 (As of Mar. 2025)


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What is TCM 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.

TCM PCL's adjusted book value per share for the three months ended in Mar. 2025 was ฿1.852. 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 ฿3.71 for the trailing ten years ended in Mar. 2025.

During the past 12 months, TCM PCL's average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of TCM PCL was 8.20% per year. The lowest was 5.00% per year. And the median was 7.40% per year.

As of today (2025-07-17), TCM PCL's current stock price is ฿0.44. TCM PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿3.71. TCM PCL's Cyclically Adjusted PB Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TCM PCL was 1.32. The lowest was 0.10. And the median was 0.55.


TCM PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for TCM 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.

TCM PCL Cyclically Adjusted Book per Share Chart

TCM 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 2.85 3.03 3.29 4.83 3.64

TCM 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 4.85 7.53 7.07 3.64 3.71

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

For the Textile Manufacturing subindustry, TCM 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.


TCM PCL's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TCM PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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TCM 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, TCM 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)
=1.852/134.9266*134.9266
=1.852

Current CPI (Mar. 2025) = 134.9266.

TCM PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.466 100.684 3.305
201509 2.678 100.392 3.599
201512 2.637 99.792 3.565
201603 2.597 100.470 3.488
201606 2.610 101.688 3.463
201609 2.399 101.861 3.178
201612 2.410 101.863 3.192
201703 2.387 102.862 3.131
201706 2.498 103.349 3.261
201709 2.928 104.136 3.794
201712 3.030 104.011 3.931
201803 2.851 105.290 3.654
201806 3.657 106.317 4.641
201809 3.742 106.507 4.741
201812 3.965 105.998 5.047
201903 3.988 107.251 5.017
201906 3.315 108.070 4.139
201909 3.271 108.329 4.074
201912 3.252 108.420 4.047
202003 3.263 108.902 4.043
202006 2.913 108.767 3.614
202009 3.126 109.815 3.841
202012 3.091 109.897 3.795
202103 3.155 111.754 3.809
202106 3.133 114.631 3.688
202109 3.153 115.734 3.676
202112 3.050 117.630 3.498
202203 3.000 121.301 3.337
202206 2.948 125.017 3.182
202209 2.915 125.227 3.141
202212 3.008 125.222 3.241
202303 3.007 127.348 3.186
202306 3.098 128.729 3.247
202309 3.112 129.860 3.233
202312 3.096 129.419 3.228
202403 3.000 131.776 3.072
202406 2.892 132.554 2.944
202409 2.764 133.029 2.803
202412 1.942 133.157 1.968
202503 1.852 134.927 1.852

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


TCM PCL  (BKK:TCMC-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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.44/3.71
=0.12

* 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 TCM PCL was 1.32. The lowest was 0.10. And the median was 0.55.


Be Aware

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


TCM PCL Cyclically Adjusted Book per Share Related Terms

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


TCM PCL Business Description

Traded in Other Exchanges
Address
2054 New Petchaburi Road, Bangkapi, Huaykwang, Bangkok, THA, 10310
TCM Corp PCL is a Thailand-based manufacturer, distributor, and seller of various types of rugs and carpets. The company operates through three segments, The Surface segment includes hand-woven and machine-woven carpet for indoor decoration including the flooring materials; the Living segment consisting sofa chairs for interior decoration, and the Automotive segment comprises carpet for the floors inside vehicles, vehicles upholstery fabrics. It has a business presence in Thailand, the UK, and other countries.

TCM PCL Headlines

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