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Bangkok Union Insurance PCL (BKK:BUI) Cyclically Adjusted Book per Share : ฿20.72 (As of Dec. 2023)


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What is Bangkok Union Insurance 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.

Bangkok Union Insurance PCL's adjusted book value per share for the three months ended in Dec. 2023 was ฿21.418. 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 ฿20.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bangkok Union Insurance PCL's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Bangkok Union Insurance PCL was 6.90% per year. The lowest was 4.00% per year. And the median was 5.50% per year.

As of today (2024-04-27), Bangkok Union Insurance PCL's current stock price is ฿17.30. Bangkok Union Insurance PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿20.72. Bangkok Union Insurance PCL's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bangkok Union Insurance PCL was 1.53. The lowest was 0.29. And the median was 0.60.


Bangkok Union Insurance PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bangkok Union Insurance 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.

Bangkok Union Insurance PCL Cyclically Adjusted Book per Share Chart

Bangkok Union Insurance 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 16.75 16.97 18.32 19.67 20.72

Bangkok Union Insurance PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.67 20.09 20.41 20.69 20.72

Competitive Comparison of Bangkok Union Insurance PCL's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, Bangkok Union Insurance 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.


Bangkok Union Insurance PCL's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Bangkok Union Insurance PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bangkok Union Insurance 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, Bangkok Union Insurance PCL's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=21.418/129.4194*129.4194
=21.418

Current CPI (Dec. 2023) = 129.4194.

Bangkok Union Insurance PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.690 99.695 17.772
201406 13.760 100.560 17.709
201409 14.473 100.428 18.651
201412 14.654 99.070 19.143
201503 15.882 99.621 20.633
201506 16.227 100.684 20.858
201509 16.397 100.392 21.138
201512 16.109 99.792 20.892
201603 26.059 100.470 33.567
201606 16.208 101.688 20.628
201609 16.476 101.861 20.934
201612 15.992 101.863 20.318
201703 16.458 102.862 20.707
201706 16.630 103.349 20.825
201709 16.920 104.136 21.028
201712 17.032 104.011 21.193
201803 17.201 105.290 21.143
201806 17.112 106.317 20.830
201809 17.416 106.507 21.163
201812 17.015 105.998 20.775
201903 17.693 107.251 21.350
201906 17.598 108.070 21.075
201909 17.374 108.329 20.756
201912 16.692 108.420 19.925
202003 15.991 108.902 19.004
202006 15.879 108.767 18.894
202009 16.784 109.815 19.780
202012 16.969 109.897 19.983
202103 18.138 111.754 21.005
202106 18.713 114.631 21.127
202109 19.507 115.734 21.814
202112 18.945 117.630 20.844
202203 19.638 121.301 20.952
202206 18.301 125.017 18.945
202209 18.360 125.227 18.975
202212 19.425 125.222 20.076
202303 20.421 127.348 20.753
202306 20.811 128.729 20.923
202309 21.478 129.860 21.405
202312 21.418 129.419 21.418

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


Bangkok Union Insurance PCL  (BKK:BUI) 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.

Bangkok Union Insurance PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.30/20.72
=0.83

* 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 Bangkok Union Insurance PCL was 1.53. The lowest was 0.29. And the median was 0.60.


Be Aware

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


Bangkok Union Insurance PCL Cyclically Adjusted Book per Share Related Terms

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


Bangkok Union Insurance PCL (BKK:BUI) Business Description

Traded in Other Exchanges
Address
175-177 Surawong Road, Bangkok Saha Insurance Building, Suriyawong, Bangrak, Bangkok, THA, 10500
Bangkok Union Insurance PCL is a Thailand based company engaged in the insurance sector. Its primary businesses are non-life insurance and Rental of office space. The company operates principally in Thailand and generates the majority of the revenue from the non-insurance segment where it provides non-life insurance services like fire insurance, motor insurance, marine and transportation insurance, and miscellaneous insurance.

Bangkok Union Insurance PCL (BKK:BUI) Headlines

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