GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kasikornbank Public Co Ltd (OTCPK:KPCPY) » Definitions » Cyclically Adjusted Book per Share

KPCPY (Kasikornbank Public Co) Cyclically Adjusted Book per Share : $24.55 (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Kasikornbank Public Co 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.

Kasikornbank Public Co's adjusted book value per share for the three months ended in Sep. 2024 was $27.979. 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 $24.55 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kasikornbank Public Co's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.50% 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 Kasikornbank Public Co was 13.90% per year. The lowest was 12.00% per year. And the median was 13.50% per year.

As of today (2024-12-13), Kasikornbank Public Co's current stock price is $18.35. Kasikornbank Public Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $24.55. Kasikornbank Public Co's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kasikornbank Public Co was 2.66. The lowest was 0.59. And the median was 0.99.


Kasikornbank Public Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kasikornbank Public Co'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.

Kasikornbank Public Co Cyclically Adjusted Book per Share Chart

Kasikornbank Public Co 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 15.35 17.04 17.73 19.93 21.70

Kasikornbank Public Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 20.11 21.70 21.21 21.51 24.55

Competitive Comparison of Kasikornbank Public Co's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Kasikornbank Public Co'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.


Kasikornbank Public Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kasikornbank Public Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kasikornbank Public Co's Cyclically Adjusted PB Ratio falls into.



Kasikornbank Public Co 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, Kasikornbank Public Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=27.979/133.0289*133.0289
=27.979

Current CPI (Sep. 2024) = 133.0289.

Kasikornbank Public Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 13.064 99.070 17.542
201503 13.803 99.621 18.432
201506 13.519 100.684 17.862
201509 13.036 100.392 17.274
201512 13.271 99.792 17.691
201603 13.752 100.470 18.208
201606 14.219 101.688 18.601
201609 14.954 101.861 19.530
201612 15.030 101.863 19.629
201703 15.941 102.862 20.616
201706 16.432 103.349 21.151
201709 17.272 104.136 22.064
201712 17.865 104.011 22.849
201803 19.284 105.290 24.365
201806 18.585 106.317 23.254
201809 19.009 106.507 23.743
201812 19.229 105.998 24.133
201903 20.640 107.251 25.601
201906 21.272 108.070 26.185
201909 21.935 108.329 26.936
201912 22.492 108.420 27.597
202003 21.398 108.902 26.139
202006 21.814 108.767 26.680
202009 21.994 109.815 26.643
202012 24.676 109.897 29.870
202103 24.781 111.754 29.499
202106 24.528 114.631 28.465
202109 23.685 115.734 27.224
202112 23.981 117.630 27.120
202203 24.792 121.301 27.189
202206 23.636 125.017 25.151
202209 22.785 125.227 24.205
202212 24.437 125.222 25.961
202303 25.101 127.348 26.221
202306 24.970 128.729 25.804
202309 24.707 129.860 25.310
202312 25.689 129.419 26.405
202403 25.745 131.776 25.990
202406 25.040 132.554 25.130
202409 27.979 133.029 27.979

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


Kasikornbank Public Co  (OTCPK:KPCPY) 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.

Kasikornbank Public Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.35/24.55
=0.75

* 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 Kasikornbank Public Co was 2.66. The lowest was 0.59. And the median was 0.99.


Be Aware

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


Kasikornbank Public Co Cyclically Adjusted Book per Share Related Terms

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


Kasikornbank Public Co Business Description

Address
400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services.

Kasikornbank Public Co Headlines

From GuruFocus

Kasikornbank Public Co Ltd's Dividend Analysis

By GuruFocus Research 04-22-2024

Ken Fisher for Forbes - 'Bet On The Bulls, Not The Sheep'

By Holly LaFon Holly LaFon 07-06-2015

Brandes Funds Comments on Kasikornbank

By Holly LaFon Holly LaFon 08-24-2016