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Uob Kay Hian Securities (Thailand) PCL (BKK:UOBKH) Cyclically Adjusted Book per Share : ฿8.58 (As of Mar. 2025)


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What is Uob Kay Hian Securities (Thailand) 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.

Uob Kay Hian Securities (Thailand) PCL's adjusted book value per share for the three months ended in Mar. 2025 was ฿8.127. 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 ฿8.58 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Uob Kay Hian Securities (Thailand) PCL's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% 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 Uob Kay Hian Securities (Thailand) PCL was 8.90% per year. The lowest was 6.80% per year. And the median was 7.85% per year.

As of today (2025-06-01), Uob Kay Hian Securities (Thailand) PCL's current stock price is ฿5.40. Uob Kay Hian Securities (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿8.58. Uob Kay Hian Securities (Thailand) PCL's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Uob Kay Hian Securities (Thailand) PCL was 1.29. The lowest was 0.34. And the median was 0.64.


Uob Kay Hian Securities (Thailand) PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Uob Kay Hian Securities (Thailand) 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.

Uob Kay Hian Securities (Thailand) PCL Cyclically Adjusted Book per Share Chart

Uob Kay Hian Securities (Thailand) 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 6.27 6.94 7.65 8.09 8.46

Uob Kay Hian Securities (Thailand) 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 8.28 8.37 8.43 8.46 8.58

Competitive Comparison of Uob Kay Hian Securities (Thailand) PCL's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Uob Kay Hian Securities (Thailand) 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.


Uob Kay Hian Securities (Thailand) PCL's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Uob Kay Hian Securities (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Uob Kay Hian Securities (Thailand) PCL's Cyclically Adjusted PB Ratio falls into.


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Uob Kay Hian Securities (Thailand) 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, Uob Kay Hian Securities (Thailand) 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)
=8.127/134.9266*134.9266
=8.127

Current CPI (Mar. 2025) = 134.9266.

Uob Kay Hian Securities (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.702 100.684 7.641
201509 5.800 100.392 7.795
201512 5.897 99.792 7.973
201603 5.990 100.470 8.044
201606 5.968 101.688 7.919
201609 6.162 101.861 8.162
201612 6.300 101.863 8.345
201703 6.441 102.862 8.449
201706 6.425 103.349 8.388
201709 6.523 104.136 8.452
201712 6.630 104.011 8.601
201803 6.758 105.290 8.660
201806 6.820 106.317 8.655
201809 6.866 106.507 8.698
201812 6.899 105.998 8.782
201903 6.888 107.251 8.665
201906 0.000 108.070 0.000
201909 6.865 108.329 8.551
201912 6.861 108.420 8.538
202003 6.994 108.902 8.665
202006 7.130 108.767 8.845
202009 7.224 109.815 8.876
202012 7.346 109.897 9.019
202103 7.545 111.754 9.109
202106 7.653 114.631 9.008
202109 7.854 115.734 9.156
202112 8.004 117.630 9.181
202203 8.178 121.301 9.097
202206 8.125 125.017 8.769
202209 8.200 125.227 8.835
202212 8.276 125.222 8.917
202303 8.365 127.348 8.863
202306 8.291 128.729 8.690
202309 8.328 129.860 8.653
202312 8.357 129.419 8.713
202403 8.417 131.776 8.618
202406 8.361 132.554 8.511
202409 8.402 133.029 8.522
202412 8.100 133.157 8.208
202503 8.127 134.927 8.127

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


Uob Kay Hian Securities (Thailand) PCL  (BKK:UOBKH) 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.

Uob Kay Hian Securities (Thailand) PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.40/8.58
=0.63

* 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 Uob Kay Hian Securities (Thailand) PCL was 1.29. The lowest was 0.34. And the median was 0.64.


Be Aware

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


Uob Kay Hian Securities (Thailand) PCL Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Uob Kay Hian Securities (Thailand) PCL's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Uob Kay Hian Securities (Thailand) PCL Business Description

Traded in Other Exchanges
Address
Wireless Road, 130-132, Sindhorn Building Tower I, 2nd and 3rd Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
Uob Kay Hian Securities (Thailand) PCL operates as a securities brokerage and derivatives agent. Its business includes Securities Brokerage, Trading & Underwriting; Investment Advisory Service; Derivatives Agent; and Securities borrowing & lending. The company operates in three segments: Securities & derivatives, Financial advisory, and Investing business, of which the vast majority of its revenue comes from the Securities & derivatives segment. Its products and services include Online Trade, Broker-Assisted Trading, Mutual Funds, Derivatives Trading, Fixed Income, ATS, Bill Payment, and others. Geographically, it operates in Thailand.

Uob Kay Hian Securities (Thailand) PCL Headlines

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