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Thai O PP PCL (BKK:TOPP) Cyclically Adjusted Book per Share : ฿253.61 (As of Mar. 2024)


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What is Thai O PP 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.

Thai O PP PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿277.388. 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 ฿253.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Thai O PP PCL's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 Thai O PP PCL was 10.20% per year. The lowest was 7.30% per year. And the median was 9.30% per year.

As of today (2024-06-13), Thai O PP PCL's current stock price is ฿169.50. Thai O PP PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿253.61. Thai O PP PCL's Cyclically Adjusted PB Ratio of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thai O PP PCL was 1.55. The lowest was 0.55. And the median was 1.01.


Thai O PP PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thai O PP 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.

Thai O PP PCL Cyclically Adjusted Book per Share Chart

Thai O PP 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 172.86 185.51 208.79 231.29 247.14

Thai O PP 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 237.28 241.91 246.03 247.14 253.61

Competitive Comparison of Thai O PP PCL's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Thai O PP 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.


Thai O PP PCL's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

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

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



Thai O PP 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, Thai O PP 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)
=277.388/131.7762*131.7762
=277.388

Current CPI (Mar. 2024) = 131.7762.

Thai O PP PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 149.977 100.560 196.534
201409 154.851 100.428 203.188
201412 158.340 99.070 210.614
201503 162.128 99.621 214.459
201506 162.293 100.684 212.411
201509 167.609 100.392 220.007
201512 170.613 99.792 225.295
201603 175.216 100.470 229.812
201606 175.693 101.688 227.678
201609 180.140 101.861 233.045
201612 184.192 101.863 238.283
201703 189.445 102.862 242.697
201706 189.553 103.349 241.691
201709 194.348 104.136 245.934
201712 197.210 104.011 249.854
201803 201.406 105.290 252.072
201806 200.119 106.317 248.041
201809 203.350 106.507 251.596
201812 207.388 105.998 257.824
201903 211.448 107.251 259.801
201906 211.555 108.070 257.963
201909 217.970 108.329 265.147
201912 221.744 108.420 269.513
202003 229.023 108.902 277.129
202006 230.539 108.767 279.308
202009 235.445 109.815 282.530
202012 237.266 109.897 284.503
202103 243.086 111.754 286.637
202106 240.634 114.631 276.624
202109 245.294 115.734 279.294
202112 247.996 117.630 277.821
202203 251.594 121.301 273.321
202206 253.476 125.017 267.181
202209 258.108 125.227 271.608
202212 257.539 125.222 271.019
202303 261.005 127.348 270.081
202306 262.816 128.729 269.038
202309 267.725 129.860 271.677
202312 270.807 129.419 275.739
202403 277.388 131.776 277.388

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


Thai O PP PCL  (BKK:TOPP) 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.

Thai O PP PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=169.50/253.61
=0.67

* 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 Thai O PP PCL was 1.55. The lowest was 0.55. And the median was 1.01.


Be Aware

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


Thai O PP PCL Cyclically Adjusted Book per Share Related Terms

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


Thai O PP PCL (BKK:TOPP) Business Description

Traded in Other Exchanges
N/A
Address
1741 Chan Road, Thungmahamek, Sathorn, Bangkok, THA, 10120
Thai O PP PCL is a company engaged in the manufacture and distribution of Plastic films, stickers, Laminate tubes, and packaging. The company offers various types of plastic films, such as shrink films, C.P.P. (cast polypropylene) films, metalized films, stretch films for lamination, heat sealable oriented polypropylene (O.P.P.) films, skin vacuum films, and protection films. The segments of the company include Plastic films, stickers, and Tube.

Thai O PP PCL (BKK:TOPP) Headlines

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