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WHA PCL (BKK:WHA-R) Cyclically Adjusted Book per Share : ฿2.00 (As of Mar. 2024)


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What is WHA 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.

WHA PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿2.310. 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 ฿2.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WHA PCL's average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.80% 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 WHA PCL was 16.80% per year. The lowest was 16.80% per year. And the median was 16.80% per year.

As of today (2024-06-25), WHA PCL's current stock price is ฿4.86299. WHA PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿2.00. WHA PCL's Cyclically Adjusted PB Ratio of today is 2.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of WHA PCL was 3.09. The lowest was 1.90. And the median was 2.55.


WHA PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for WHA 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.

WHA PCL Cyclically Adjusted Book per Share Chart

WHA 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 - 1.17 1.38 1.66 1.72

WHA 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 1.70 1.71 1.70 1.72 2.00

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

For the Real Estate Services subindustry, WHA 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.


WHA PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, WHA PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



WHA 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, WHA 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)
=2.31/131.7762*131.7762
=2.310

Current CPI (Mar. 2024) = 131.7762.

WHA PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.302 100.560 0.396
201409 0.306 100.428 0.402
201412 0.382 99.070 0.508
201503 0.929 99.621 1.229
201506 0.953 100.684 1.247
201509 0.932 100.392 1.223
201512 1.303 99.792 1.721
201603 1.322 100.470 1.734
201606 1.336 101.688 1.731
201609 1.338 101.861 1.731
201612 1.496 101.863 1.935
201703 1.500 102.862 1.922
201706 1.424 103.349 1.816
201709 1.470 104.136 1.860
201712 1.763 104.011 2.234
201803 1.822 105.290 2.280
201806 1.749 106.317 2.168
201809 1.787 106.507 2.211
201812 1.899 105.998 2.361
201903 1.866 107.251 2.293
201906 1.932 108.070 2.356
201909 2.044 108.329 2.486
201912 2.004 108.420 2.436
202003 1.886 108.902 2.282
202006 1.918 108.767 2.324
202009 1.890 109.815 2.268
202012 1.927 109.897 2.311
202103 1.963 111.754 2.315
202106 1.924 114.631 2.212
202109 1.932 115.734 2.200
202112 2.047 117.630 2.293
202203 2.066 121.301 2.244
202206 1.991 125.017 2.099
202209 2.016 125.227 2.121
202212 2.144 125.222 2.256
202303 2.193 127.348 2.269
202306 2.135 128.729 2.186
202309 2.161 129.860 2.193
202312 2.240 129.419 2.281
202403 2.310 131.776 2.310

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


WHA PCL  (BKK:WHA-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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.86299/2
=2.43

* 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 WHA PCL was 3.09. The lowest was 1.90. And the median was 2.55.


Be Aware

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


WHA PCL Cyclically Adjusted Book per Share Related Terms

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


WHA PCL (BKK:WHA-R) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » WHA Corp PCL (BKK:WHA-R) » Definitions » Cyclically Adjusted Book per Share
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Address
Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA TOWER, 23rd - 25th Floor, Bang Kaeo, Bang Phli,, Samut Prakarn, THA, 10540
WHA Corp PCL is engaged in providing rent and sale of lands, buildings, factories, warehouses, and other properties; developing and managing properties in industrial estates and industrial zones; providing public utilities, facilities, and other related services; and providing digital services, data center, Internet connection, and other IT services. The company operates in four segments: Real Estate, Power, Water, and Others. It generates the majority of its revenue from the Real Estate segment in the form of Leases & Services and Sales. Geographically, it operates in the domestic market and overseas market.

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