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Thai Union Group PCL (Thai Union Group PCL) Cyclically Adjusted Book per Share : $7.36 (As of Mar. 2024)


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What is Thai Union Group 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.

Thai Union Group PCL's adjusted book value per share for the three months ended in Mar. 2024 was $7.229. 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 $7.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Thai Union Group PCL's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Thai Union Group PCL was 10.50% per year. The lowest was 6.60% per year. And the median was 9.15% per year.

As of today (2024-06-22), Thai Union Group PCL's current stock price is $9.00. Thai Union Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.36. Thai Union Group PCL's Cyclically Adjusted PB Ratio of today is 1.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thai Union Group PCL was 2.85. The lowest was 1.03. And the median was 1.65.


Thai Union Group PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thai Union Group 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.

Thai Union Group PCL Cyclically Adjusted Book per Share Chart

Thai Union Group 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 7.27 5.52 6.59 6.52 7.29

Thai Union Group 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 7.30 8.39 7.41 7.29 7.36

Competitive Comparison of Thai Union Group PCL's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Thai Union Group 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.


Thai Union Group PCL's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Union Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thai Union Group 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, Thai Union Group 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)
=7.229/131.7762*131.7762
=7.229

Current CPI (Mar. 2024) = 131.7762.

Thai Union Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.473 100.560 7.172
201409 5.489 100.428 7.202
201412 5.488 99.070 7.300
201503 5.639 99.621 7.459
201506 5.616 100.684 7.350
201509 5.404 100.392 7.093
201512 5.265 99.792 6.952
201603 5.298 100.470 6.949
201606 5.243 101.688 6.794
201609 5.112 101.861 6.613
201612 5.049 101.863 6.532
201703 5.251 102.862 6.727
201706 5.501 103.349 7.014
201709 5.632 104.136 7.127
201712 5.691 104.011 7.210
201803 5.974 105.290 7.477
201806 5.544 106.317 6.872
201809 5.464 106.507 6.760
201812 5.540 105.998 6.887
201903 5.717 107.251 7.024
201906 5.729 108.070 6.986
201909 5.732 108.329 6.973
201912 6.721 108.420 8.169
202003 6.407 108.902 7.753
202006 6.810 108.767 8.251
202009 6.939 109.815 8.327
202012 7.454 109.897 8.938
202103 7.470 111.754 8.808
202106 7.724 114.631 8.879
202109 7.389 115.734 8.413
202112 7.594 117.630 8.507
202203 7.970 121.301 8.658
202206 7.384 125.017 7.783
202209 7.057 125.227 7.426
202212 9.966 125.222 10.488
202303 10.137 127.348 10.490
202306 9.797 128.729 10.029
202309 9.441 129.860 9.580
202312 7.524 129.419 7.661
202403 7.229 131.776 7.229

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


Thai Union Group PCL  (OTCPK:TUFBY) 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.

Thai Union Group PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.00/7.36
=1.22

* 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 Thai Union Group PCL was 2.85. The lowest was 1.03. And the median was 1.65.


Be Aware

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


Thai Union Group PCL Cyclically Adjusted Book per Share Related Terms

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


Thai Union Group PCL (Thai Union Group PCL) Business Description

Traded in Other Exchanges
Address
72/1 Moo 7, Sethakit 1 Road, Tambon Tarsrai, Amphur Muangsamutsakorn, Samut sakhon, THA, 74000
Thai Union Group PCL is a global seafood-based food products company. The company sells its products locally in Thailand, as well as in North America and Europe. The business categories are ambient seafood (tuna, salmon, sardine, mackerel); frozen and chilled seafood and related product (shrimp, lobster, salmon); and pet care and value-added. In North America, Thai Union's portfolio contains tuna, salmon, and sardines, sold in different varieties under the Chicken of the Sea and Genova brands. In Europe, the company offers seafood and fish products under brands such as John West, Petit Navire, Parmentier, King Oscar, Mareblum, and Rugen Fisch. In Asia-Pacific, the local brands are Century, Sealect, Fisho, Bellotta, and Marvo.

Thai Union Group PCL (Thai Union Group PCL) Headlines