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CIMB Thai Bank (STU:BK6B) Cyclically Adjusted Book per Share : €0.02 (As of Mar. 2024)


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What is CIMB Thai Bank 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.

CIMB Thai Bank's adjusted book value per share for the three months ended in Mar. 2024 was €0.035. 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 €0.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CIMB Thai Bank's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 CIMB Thai Bank was 9.80% per year. The lowest was 1.70% per year. And the median was 8.25% per year.

As of today (2024-06-22), CIMB Thai Bank's current stock price is €0.0065. CIMB Thai Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.02. CIMB Thai Bank's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CIMB Thai Bank was 1.17. The lowest was 0.35. And the median was 0.67.


CIMB Thai Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for CIMB Thai Bank'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.

CIMB Thai Bank Cyclically Adjusted Book per Share Chart

CIMB Thai Bank 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 0.02 0.02 0.02 0.03 0.02

CIMB Thai Bank 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 0.03 0.02 0.02 0.02 0.02

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

For the Banks - Regional subindustry, CIMB Thai Bank'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.


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

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

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



CIMB Thai Bank 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, CIMB Thai Bank'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)
=0.035/131.7762*131.7762
=0.035

Current CPI (Mar. 2024) = 131.7762.

CIMB Thai Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.021 100.560 0.028
201409 0.023 100.428 0.030
201412 0.024 99.070 0.032
201503 0.027 99.621 0.036
201506 0.025 100.684 0.033
201509 0.026 100.392 0.034
201512 0.027 99.792 0.036
201603 0.027 100.470 0.035
201606 0.026 101.688 0.034
201609 0.027 101.861 0.035
201612 0.027 101.863 0.035
201703 0.028 102.862 0.036
201706 0.029 103.349 0.037
201709 0.028 104.136 0.035
201712 0.028 104.011 0.035
201803 0.028 105.290 0.035
201806 0.029 106.317 0.036
201809 0.029 106.507 0.036
201812 0.030 105.998 0.037
201903 0.030 107.251 0.037
201906 0.031 108.070 0.038
201909 0.032 108.329 0.039
201912 0.035 108.420 0.043
202003 0.033 108.902 0.040
202006 0.034 108.767 0.041
202009 0.032 109.815 0.038
202012 0.033 109.897 0.040
202103 0.032 111.754 0.038
202106 0.032 114.631 0.037
202109 0.031 115.734 0.035
202112 0.033 117.630 0.037
202203 0.034 121.301 0.037
202206 0.034 125.017 0.036
202209 0.035 125.227 0.037
202212 0.036 125.222 0.038
202303 0.036 127.348 0.037
202306 0.036 128.729 0.037
202309 0.035 129.860 0.036
202312 0.035 129.419 0.036
202403 0.035 131.776 0.035

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


CIMB Thai Bank  (STU:BK6B) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0065/0.02
=0.33

* 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 CIMB Thai Bank was 1.17. The lowest was 0.35. And the median was 0.67.


Be Aware

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


CIMB Thai Bank Cyclically Adjusted Book per Share Related Terms

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


CIMB Thai Bank (STU:BK6B) Business Description

Industry
Traded in Other Exchanges
Address
44 Langsuan Road, Lumpini, Pathumwan, Bangkok, THA, 10330
CIMB Thai Bank PLC is a financial service provider in Thailand. It provides consumer banking, commercial banking, investment banking, Islamic banking, asset management and insurance products and services. The bank has a presence in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar, and Laos. It operates through CIMB Bank, CIMB Investment Bank, and CIMB Islamic. Its segments are Consumer Banking, Wholesale Banking, and Others, out of which it earns its maximum revenue from consumer banking.

CIMB Thai Bank (STU:BK6B) Headlines

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