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Krung Thai Bank PCL (Krung Thai Bank PCL) Cyclically Adjusted Book per Share : $0.87 (As of Mar. 2024)


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What is Krung Thai Bank 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.

Krung Thai Bank PCL's adjusted book value per share for the three months ended in Mar. 2024 was $0.831. 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 $0.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Krung Thai Bank PCL's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.10% 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 Krung Thai Bank PCL was 11.10% per year. The lowest was 8.60% per year. And the median was 10.20% per year.

As of today (2024-05-21), Krung Thai Bank PCL's current stock price is $0.4449. Krung Thai Bank PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.87. Krung Thai Bank PCL's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Krung Thai Bank PCL was 1.37. The lowest was 0.46. And the median was 0.72.


Krung Thai Bank PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Krung Thai Bank 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.

Krung Thai Bank PCL Cyclically Adjusted Book per Share Chart

Krung Thai Bank 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 0.58 0.65 0.52 0.61 0.79

Krung Thai Bank 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 0.79 0.68 0.73 0.79 0.87

Competitive Comparison of Krung Thai Bank PCL's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Krung Thai Bank 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.


Krung Thai Bank PCL's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Krung Thai Bank PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Krung Thai Bank 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, Krung Thai Bank 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)
=0.831/131.7762*131.7762
=0.831

Current CPI (Mar. 2024) = 131.7762.

Krung Thai Bank PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.468 100.560 0.613
201409 0.497 100.428 0.652
201412 0.505 99.070 0.672
201503 0.527 99.621 0.697
201506 0.500 100.684 0.654
201509 0.475 100.392 0.623
201512 0.489 99.792 0.646
201603 0.535 100.470 0.702
201606 0.530 101.688 0.687
201609 0.559 101.861 0.723
201612 0.548 101.863 0.709
201703 0.580 102.862 0.743
201706 0.577 103.349 0.736
201709 0.613 104.136 0.776
201712 0.631 104.011 0.799
201803 0.670 105.290 0.839
201806 0.636 106.317 0.788
201809 0.654 106.507 0.809
201812 0.669 105.998 0.832
201903 0.710 107.251 0.872
201906 0.733 108.070 0.894
201909 0.786 108.329 0.956
201912 0.802 108.420 0.975
202003 0.726 108.902 0.878
202006 0.777 108.767 0.941
202009 0.773 109.815 0.928
202012 0.817 109.897 0.980
202103 0.793 111.754 0.935
202106 0.781 114.631 0.898
202109 0.765 115.734 0.871
202112 0.768 117.630 0.860
202203 0.778 121.301 0.845
202206 0.728 125.017 0.767
202209 0.699 125.227 0.736
202212 0.774 125.222 0.815
202303 0.809 127.348 0.837
202306 0.794 128.729 0.813
202309 0.780 129.860 0.792
202312 0.823 129.419 0.838
202403 0.831 131.776 0.831

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


Krung Thai Bank PCL  (OTCPK:KGTFF) 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.

Krung Thai Bank PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.4449/0.87
=0.51

* 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 Krung Thai Bank PCL was 1.37. The lowest was 0.46. And the median was 0.72.


Be Aware

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


Krung Thai Bank PCL Cyclically Adjusted Book per Share Related Terms

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


Krung Thai Bank PCL (Krung Thai Bank PCL) Business Description

Industry
Address
35 Sukhumvit Road, Klongtoey Nua Subdistrict, Wattana District, Bangkok, THA, 10110
Krung Thai Bank PCL engages in commercial banking business and conducts its business through a nationwide branch network and in certain centers of the world. The company has three segments which are Retail banking, Corporate banking and Treasury and investment. Majority of the revenue is earned from Retail banking segment.

Krung Thai Bank PCL (Krung Thai Bank PCL) Headlines

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