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TVD Holdings PCL (BKK:TVDH) Cyclically Adjusted Book per Share : ฿1.05 (As of Mar. 2024)


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What is TVD Holdings 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.

TVD Holdings PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿0.354. 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 ฿1.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TVD Holdings PCL's average Cyclically Adjusted Book Growth Rate was -5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.60% 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 TVD Holdings PCL was 1.60% per year. The lowest was 1.60% per year. And the median was 1.60% per year.

As of today (2024-06-09), TVD Holdings PCL's current stock price is ฿0.33. TVD Holdings PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.05. TVD Holdings PCL's Cyclically Adjusted PB Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TVD Holdings PCL was 1.83. The lowest was 0.28. And the median was 0.92.


TVD Holdings PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for TVD Holdings 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.

TVD Holdings PCL Cyclically Adjusted Book per Share Chart

TVD Holdings 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 - 1.01 1.06 1.10 1.06

TVD Holdings 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 1.11 1.11 1.09 1.06 1.05

Competitive Comparison of TVD Holdings PCL's Cyclically Adjusted Book per Share

For the Internet Retail subindustry, TVD Holdings 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.


TVD Holdings PCL's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TVD Holdings PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



TVD Holdings 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, TVD Holdings 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)
=0.354/131.7762*131.7762
=0.354

Current CPI (Mar. 2024) = 131.7762.

TVD Holdings PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.165 100.560 1.527
201409 1.148 100.428 1.506
201412 1.087 99.070 1.446
201503 1.088 99.621 1.439
201506 1.106 100.684 1.448
201509 1.007 100.392 1.322
201512 1.057 99.792 1.396
201603 1.111 100.470 1.457
201606 1.024 101.688 1.327
201609 1.094 101.861 1.415
201612 1.011 101.863 1.308
201703 0.996 102.862 1.276
201706 0.953 103.349 1.215
201709 0.910 104.136 1.152
201712 0.913 104.011 1.157
201803 0.935 105.290 1.170
201806 0.924 106.317 1.145
201809 0.977 106.507 1.209
201812 0.953 105.998 1.185
201903 0.932 107.251 1.145
201906 0.932 108.070 1.136
201909 0.961 108.329 1.169
201912 0.936 108.420 1.138
202003 0.906 108.902 1.096
202006 0.914 108.767 1.107
202009 0.928 109.815 1.114
202012 0.911 109.897 1.092
202103 0.846 111.754 0.998
202106 0.826 114.631 0.950
202109 0.730 115.734 0.831
202112 0.607 117.630 0.680
202203 0.460 121.301 0.500
202206 0.639 125.017 0.674
202209 0.603 125.227 0.635
202212 0.587 125.222 0.618
202303 0.570 127.348 0.590
202306 0.431 128.729 0.441
202309 0.363 129.860 0.368
202312 0.338 129.419 0.344
202403 0.354 131.776 0.354

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


TVD Holdings PCL  (BKK:TVDH) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.33/1.05
=0.31

* 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 TVD Holdings PCL was 1.83. The lowest was 0.28. And the median was 0.92.


Be Aware

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


TVD Holdings PCL Cyclically Adjusted Book per Share Related Terms

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


TVD Holdings PCL (BKK:TVDH) Business Description

Traded in Other Exchanges
N/A
Address
25 Watcharaphol Road, Tha-Raeng Sub-district, Bang Khen District, Bangkok, THA, 10230
TVD Holdings PCL is engaged in the sales of goods and services through various marketing channels including providing, producing TV programs, and selling air time for advertising. The company operates in various business segments that include Direct Marketing, General Marketing, Services, and Others. The Direct Marketing and General Marketing segment generates maximum revenue for the company.

TVD Holdings PCL (BKK:TVDH) Headlines

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