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Central Pattana PCL (Central Pattana PCL) Cyclically Adjusted Book per Share : $0.48 (As of Mar. 2024)


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What is Central Pattana 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.

Central Pattana PCL's adjusted book value per share for the three months ended in Mar. 2024 was $0.599. 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 $0.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Central Pattana PCL's average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.20% 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 Central Pattana PCL was 14.30% per year. The lowest was 12.80% per year. And the median was 13.35% per year.

As of today (2024-06-23), Central Pattana PCL's current stock price is $1.80. Central Pattana PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.48. Central Pattana PCL's Cyclically Adjusted PB Ratio of today is 3.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Central Pattana PCL was 11.52. The lowest was 3.26. And the median was 4.79.


Central Pattana PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Central Pattana 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.

Central Pattana PCL Cyclically Adjusted Book per Share Chart

Central Pattana 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 - - - 0.38 0.42

Central Pattana 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 0.44 0.46 0.46 0.42 0.48

Competitive Comparison of Central Pattana PCL's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Central Pattana 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.


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

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

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



Central Pattana 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, Central Pattana 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)
=0.599/131.7762*131.7762
=0.599

Current CPI (Mar. 2024) = 131.7762.

Central Pattana PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.256 100.560 0.335
201409 0.271 100.428 0.356
201412 0.278 99.070 0.370
201503 0.295 99.621 0.390
201506 0.279 100.684 0.365
201509 0.275 100.392 0.361
201512 0.284 99.792 0.375
201603 0.306 100.470 0.401
201606 0.300 101.688 0.389
201609 0.320 101.861 0.414
201612 0.324 101.863 0.419
201703 0.350 102.862 0.448
201706 0.351 103.349 0.448
201709 0.400 104.136 0.506
201712 0.422 104.011 0.535
201803 0.460 105.290 0.576
201806 0.421 106.317 0.522
201809 0.438 106.507 0.542
201812 0.448 105.998 0.557
201903 0.482 107.251 0.592
201906 0.471 108.070 0.574
201909 0.499 108.329 0.607
201912 0.532 108.420 0.647
202003 0.466 108.902 0.564
202006 0.459 108.767 0.556
202009 0.473 109.815 0.568
202012 0.512 109.897 0.614
202103 0.528 111.754 0.623
202106 0.506 114.631 0.582
202109 0.482 115.734 0.549
202112 0.487 117.630 0.546
202203 0.507 121.301 0.551
202206 0.486 125.017 0.512
202209 0.476 125.227 0.501
202212 0.524 125.222 0.551
202303 0.550 127.348 0.569
202306 0.534 128.729 0.547
202309 0.550 129.860 0.558
202312 0.588 129.419 0.599
202403 0.599 131.776 0.599

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


Central Pattana PCL  (OTCPK:CPNNF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.80/0.48
=3.75

* 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 Central Pattana PCL was 11.52. The lowest was 3.26. And the median was 4.79.


Be Aware

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


Central Pattana PCL Cyclically Adjusted Book per Share Related Terms

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


Central Pattana PCL (Central Pattana PCL) Business Description

Industry
Traded in Other Exchanges
Address
999/9 Rama I Road, 31-33 Floor, The Offices at Central World, Patumwan District, Patumwan Sub-District, Bangkok, THA, 10330
Central Pattana PCL develops and manages large-scale shopping complexes, office buildings, and hotels. The company segment includes Development of shopping center buildings, office building and condominiums for rent including provision of utility services, operator of play land and water theme park in the shopping center buildings; Food center services in the shopping centers; Hotel business and Real estate business for sales of land and houses and condominium units.

Central Pattana PCL (Central Pattana PCL) Headlines

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