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Tirathai PCL (BKK:TRT) Cyclically Adjusted Book per Share : ฿4.18 (As of Mar. 2025)


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What is Tirathai 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.

Tirathai PCL's adjusted book value per share for the three months ended in Mar. 2025 was ฿4.271. 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 ฿4.18 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tirathai PCL's average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.40% 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 Tirathai PCL was 3.30% per year. The lowest was 1.70% per year. And the median was 2.70% per year.

As of today (2025-05-28), Tirathai PCL's current stock price is ฿3.16. Tirathai PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿4.18. Tirathai PCL's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tirathai PCL was 1.22. The lowest was 0.43. And the median was 0.63.


Tirathai PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tirathai 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.

Tirathai PCL Cyclically Adjusted Book per Share Chart

Tirathai 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 3.72 3.94 4.10 4.10 4.14

Tirathai 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 4.15 4.16 4.16 4.14 4.18

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

For the Electrical Equipment & Parts subindustry, Tirathai 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.


Tirathai PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tirathai PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Tirathai 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, Tirathai 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)
=4.271/134.9266*134.9266
=4.271

Current CPI (Mar. 2025) = 134.9266.

Tirathai PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.387 100.684 4.539
201509 3.348 100.392 4.500
201512 3.534 99.792 4.778
201603 3.584 100.470 4.813
201606 3.619 101.688 4.802
201609 3.571 101.861 4.730
201612 3.683 101.863 4.878
201703 3.580 102.862 4.696
201706 3.280 103.349 4.282
201709 3.042 104.136 3.941
201712 3.392 104.011 4.400
201803 3.411 105.290 4.371
201806 3.394 106.317 4.307
201809 3.286 106.507 4.163
201812 3.341 105.998 4.253
201903 3.284 107.251 4.131
201906 3.225 108.070 4.026
201909 3.222 108.329 4.013
201912 3.594 108.420 4.473
202003 3.401 108.902 4.214
202006 3.228 108.767 4.004
202009 3.200 109.815 3.932
202012 3.517 109.897 4.318
202103 3.403 111.754 4.109
202106 3.492 114.631 4.110
202109 3.690 115.734 4.302
202112 3.718 117.630 4.265
202203 3.640 121.301 4.049
202206 3.355 125.017 3.621
202209 3.272 125.227 3.525
202212 3.299 125.222 3.555
202303 3.185 127.348 3.375
202306 3.103 128.729 3.252
202309 3.417 129.860 3.550
202312 3.720 129.419 3.878
202403 4.032 131.776 4.128
202406 3.995 132.554 4.067
202409 4.306 133.029 4.367
202412 4.120 133.157 4.175
202503 4.271 134.927 4.271

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


Tirathai PCL  (BKK:TRT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.16/4.18
=0.76

* 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 Tirathai PCL was 1.22. The lowest was 0.43. And the median was 0.63.


Be Aware

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


Tirathai PCL Cyclically Adjusted Book per Share Related Terms

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


Tirathai PCL Business Description

Industry
Traded in Other Exchanges
N/A
Address
516/1 Moo 4, Sukhumvit Road, Bangpoo Industrial Estate, Amphoe Mueang, Samutprakarn, THA, 10280
Tirathai PCL is a Thailand-based company mainly involved in the business of manufacturing, repairing and maintenance service of transformer and sales of transformer equipment. In addition, it is also involved in general custom metalwork service. It offers Power transformers, Distribution transformers and Special transformer. The company's operations are located in Thailand and other countries, of which key revenue is derived from Thailand.