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Thantawan Industry PCL (BKK:THIP-R) Cyclically Adjusted Book per Share : ฿23.65 (As of Mar. 2024)


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What is Thantawan Industry 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.

Thantawan Industry PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿30.458. 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 ฿23.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Thantawan Industry PCL's average Cyclically Adjusted Book Growth Rate was 13.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.30% 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 Thantawan Industry PCL was 17.00% per year. The lowest was 13.90% per year. And the median was 16.80% per year.

As of today (2024-05-26), Thantawan Industry PCL's current stock price is ฿32.50. Thantawan Industry PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿23.65. Thantawan Industry PCL's Cyclically Adjusted PB Ratio of today is 1.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thantawan Industry PCL was 3.10. The lowest was 1.12. And the median was 1.84.


Thantawan Industry PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thantawan Industry 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.

Thantawan Industry PCL Cyclically Adjusted Book per Share Chart

Thantawan Industry 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 11.39 12.12 15.50 17.21 22.72

Thantawan Industry 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 19.27 23.38 26.01 22.72 23.65

Competitive Comparison of Thantawan Industry PCL's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Thantawan Industry 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.


Thantawan Industry PCL's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thantawan Industry PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thantawan Industry 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, Thantawan Industry 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)
=30.458/131.7762*131.7762
=30.458

Current CPI (Mar. 2024) = 131.7762.

Thantawan Industry PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.524 100.560 11.170
201409 8.856 100.428 11.620
201412 9.215 99.070 12.257
201503 9.718 99.621 12.855
201506 9.988 100.684 13.072
201509 10.583 100.392 13.891
201512 11.206 99.792 14.798
201603 11.838 100.470 15.527
201606 11.750 101.688 15.227
201609 12.723 101.861 16.460
201612 13.575 101.863 17.562
201703 14.170 102.862 18.153
201706 13.489 103.349 17.199
201709 14.322 104.136 18.123
201712 15.222 104.011 19.285
201803 15.965 105.290 19.981
201806 15.700 106.317 19.460
201809 16.345 106.507 20.223
201812 16.817 105.998 20.907
201903 17.254 107.251 21.200
201906 16.642 108.070 20.293
201909 17.437 108.329 21.211
201912 18.266 108.420 22.201
202003 18.985 108.902 22.973
202006 20.425 108.767 24.746
202009 21.269 109.815 25.522
202012 22.379 109.897 26.834
202103 23.288 111.754 27.460
202106 23.024 114.631 26.468
202109 24.189 115.734 27.542
202112 25.705 117.630 28.796
202203 27.025 121.301 29.359
202206 26.397 125.017 27.824
202209 27.577 125.227 29.019
202212 27.947 125.222 29.410
202303 28.659 127.348 29.656
202306 27.651 128.729 28.306
202309 28.806 129.860 29.231
202312 29.370 129.419 29.905
202403 30.458 131.776 30.458

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


Thantawan Industry PCL  (BKK:THIP-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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.50/23.65
=1.37

* 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 Thantawan Industry PCL was 3.10. The lowest was 1.12. And the median was 1.84.


Be Aware

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


Thantawan Industry PCL Cyclically Adjusted Book per Share Related Terms

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


Thantawan Industry PCL (BKK:THIP-R) Business Description

Traded in Other Exchanges
Address
Soi Kangwal 2, Phetkasem Road, 143-144, Moo 8, Omyai, Sampran, Nakornpathom, THA, 73160
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The company's product portfolio includes reclosable bags, drinking straws, general bags and gloves, active breathable packaging, biodegradable products, zipper attached packaging, and sundry products. It has a presence in Europe, Thailand, Australia and New Zealand, Asia, America, and other countries.

Thantawan Industry PCL (BKK:THIP-R) Headlines

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