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Airports Of Thailand (STU:TX3A) Cyclically Adjusted Book per Share : €0.25 (As of Mar. 2024)


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What is Airports Of Thailand 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.

Airports Of Thailand's adjusted book value per share for the three months ended in Mar. 2024 was €0.207. 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 €0.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Airports Of Thailand's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Airports Of Thailand was 8.00% per year. The lowest was 6.70% per year. And the median was 7.20% per year.

As of today (2024-06-04), Airports Of Thailand's current stock price is €1.56. Airports Of Thailand's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.25. Airports Of Thailand's Cyclically Adjusted PB Ratio of today is 6.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Airports Of Thailand was 10.47. The lowest was 5.76. And the median was 7.41.


Airports Of Thailand Cyclically Adjusted Book per Share Historical Data

The historical data trend for Airports Of Thailand'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.

Airports Of Thailand Cyclically Adjusted Book per Share Chart

Airports Of Thailand Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.22 0.22 0.26 0.25

Airports Of Thailand 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 0.26 0.25 0.25 0.25 0.25

Competitive Comparison of Airports Of Thailand's Cyclically Adjusted Book per Share

For the Airports & Air Services subindustry, Airports Of Thailand'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.


Airports Of Thailand's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Airports Of Thailand's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Airports Of Thailand's Cyclically Adjusted PB Ratio falls into.



Airports Of Thailand 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, Airports Of Thailand'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)
=0.207/131.7762*131.7762
=0.207

Current CPI (Mar. 2024) = 131.7762.

Airports Of Thailand Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.151 100.560 0.198
201409 0.164 100.428 0.215
201412 0.174 99.070 0.231
201503 0.200 99.621 0.265
201506 0.190 100.684 0.249
201509 0.186 100.392 0.244
201512 0.202 99.792 0.267
201603 0.200 100.470 0.262
201606 0.207 101.688 0.268
201609 0.216 101.861 0.279
201612 0.234 101.863 0.303
201703 0.229 102.862 0.293
201706 0.234 103.349 0.298
201709 0.233 104.136 0.295
201712 0.249 104.011 0.315
201803 0.240 105.290 0.300
201806 0.256 106.317 0.317
201809 0.265 106.507 0.328
201812 0.283 105.998 0.352
201903 0.279 107.251 0.343
201906 0.296 108.070 0.361
201909 0.320 108.329 0.389
201912 0.336 108.420 0.408
202003 0.295 108.902 0.357
202006 0.293 108.767 0.355
202009 0.269 109.815 0.323
202012 0.245 109.897 0.294
202103 0.232 111.754 0.274
202106 0.217 114.631 0.249
202109 0.202 115.734 0.230
202112 0.199 117.630 0.223
202203 0.200 121.301 0.217
202206 0.194 125.017 0.204
202209 0.193 125.227 0.203
202212 0.193 125.222 0.203
202303 0.196 127.348 0.203
202306 0.197 128.729 0.202
202309 0.202 129.860 0.205
202312 0.211 129.419 0.215
202403 0.207 131.776 0.207

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


Airports Of Thailand  (STU:TX3A) 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.

Airports Of Thailand's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.56/0.25
=6.24

* 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 Airports Of Thailand was 10.47. The lowest was 5.76. And the median was 7.41.


Be Aware

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


Airports Of Thailand Cyclically Adjusted Book per Share Related Terms

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


Airports Of Thailand (STU:TX3A) Business Description

Address
No. 333, Cherdwutagard Road, Srikan, Don Mueang, Bangkok, THA, 10210
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. Revenue is generated primarily from two sources: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue primarily results from office and state property rents. Additionally, Airports of Thailand has invested in other companies to provide services and products related to its airports. Its investments are wide-ranging, including hotels, aviation fuel services, and catering services.

Airports Of Thailand (STU:TX3A) Headlines

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