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Ptt PCL (Ptt PCL) Cyclically Adjusted Book per Share : $1.06 (As of Mar. 2024)


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What is Ptt 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.

Ptt PCL's adjusted book value per share for the three months ended in Mar. 2024 was $1.147. 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 $1.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ptt PCL's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% 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 Ptt PCL was 9.10% per year. The lowest was 6.90% per year. And the median was 8.20% per year.

As of today (2024-05-26), Ptt PCL's current stock price is $0.98. Ptt PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.06. Ptt PCL's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ptt PCL was 2.52. The lowest was 0.88. And the median was 1.39.


Ptt PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ptt 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.

Ptt PCL Cyclically Adjusted Book per Share Chart

Ptt 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 0.83 0.78 0.81 0.97 0.86

Ptt 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 1.02 0.90 0.92 0.86 1.06

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

For the Oil & Gas Integrated subindustry, Ptt 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.


Ptt PCL's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ptt PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ptt 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, Ptt 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)
=1.147/131.7762*131.7762
=1.147

Current CPI (Mar. 2024) = 131.7762.

Ptt PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.773 100.560 1.013
201409 0.787 100.428 1.033
201412 0.727 99.070 0.967
201503 0.752 99.621 0.995
201506 0.752 100.684 0.984
201509 0.680 100.392 0.893
201512 0.678 99.792 0.895
201603 0.713 100.470 0.935
201606 0.725 101.688 0.940
201609 0.744 101.861 0.963
201612 0.747 101.863 0.966
201703 0.800 102.862 1.025
201706 0.819 103.349 1.044
201709 0.835 104.136 1.057
201712 0.878 104.011 1.112
201803 0.942 105.290 1.179
201806 0.921 106.317 1.142
201809 0.919 106.507 1.137
201812 0.936 105.998 1.164
201903 0.991 107.251 1.218
201906 0.983 108.070 1.199
201909 0.992 108.329 1.207
201912 1.019 108.420 1.239
202003 0.946 108.902 1.145
202006 0.970 108.767 1.175
202009 0.979 109.815 1.175
202012 1.027 109.897 1.231
202103 1.084 111.754 1.278
202106 1.079 114.631 1.240
202109 1.035 115.734 1.178
202112 1.050 117.630 1.176
202203 1.084 121.301 1.178
202206 1.077 125.017 1.135
202209 1.015 125.227 1.068
202212 1.060 125.222 1.115
202303 1.093 127.348 1.131
202306 1.100 128.729 1.126
202309 1.096 129.860 1.112
202312 1.122 129.419 1.142
202403 1.147 131.776 1.147

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


Ptt PCL  (OTCPK:PUTRF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.98/1.06
=0.92

* 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 Ptt PCL was 2.52. The lowest was 0.88. And the median was 1.39.


Be Aware

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


Ptt PCL Cyclically Adjusted Book per Share Related Terms

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


Ptt PCL (Ptt PCL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ptt PCL (OTCPK:PUTRF) » Definitions » Cyclically Adjusted Book per Share
Address
555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, THA, 10900
Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. Its operations are divided into six units: Coal, Petrochemical, International Trading, Oil, Gas, and Petroleum exploration and production. The International Trading and Petrochemicals businesses have historically produced the group's sales and service volume. International Trading encompasses several activities and is crucial to the company's ability to import and export crude oil, condensate, petroleum products, liquefied petroleum gas, petrochemical products, solvents and chemicals, and other products. PTT engages in Petrochemical operations through group companies that conduct business in fuel processing, production, and sales of upstream, intermediate, and downstream chemicals.

Ptt PCL (Ptt PCL) Headlines

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