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Aapico Hitech PCL (BKK:AH) Cyclically Adjusted Book per Share : ฿25.45 (As of Mar. 2024)


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What is Aapico Hitech 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.

Aapico Hitech PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿32.220. 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 ฿25.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aapico Hitech PCL's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Aapico Hitech PCL was 9.00% per year. The lowest was 6.10% per year. And the median was 7.70% per year.

As of today (2024-06-06), Aapico Hitech PCL's current stock price is ฿21.80. Aapico Hitech PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿25.45. Aapico Hitech PCL's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aapico Hitech PCL was 2.13. The lowest was 0.34. And the median was 1.08.


Aapico Hitech PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aapico Hitech 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.

Aapico Hitech PCL Cyclically Adjusted Book per Share Chart

Aapico Hitech 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 18.51 19.08 21.00 23.14 24.70

Aapico Hitech 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 23.60 24.04 24.51 24.70 25.45

Competitive Comparison of Aapico Hitech PCL's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Aapico Hitech 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.


Aapico Hitech PCL's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aapico Hitech PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aapico Hitech 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, Aapico Hitech 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)
=32.22/131.7762*131.7762
=32.220

Current CPI (Mar. 2024) = 131.7762.

Aapico Hitech PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.481 100.560 20.287
201409 15.465 100.428 20.292
201412 15.539 99.070 20.669
201503 15.819 99.621 20.925
201506 15.901 100.684 20.811
201509 16.175 100.392 21.232
201512 16.350 99.792 21.590
201603 16.668 100.470 21.862
201606 16.864 101.688 21.854
201609 16.968 101.861 21.951
201612 17.362 101.863 22.461
201703 18.162 102.862 23.267
201706 18.748 103.349 23.905
201709 18.923 104.136 23.946
201712 20.015 104.011 25.358
201803 21.123 105.290 26.437
201806 21.381 106.317 26.501
201809 21.124 106.507 26.136
201812 22.081 105.998 27.451
201903 23.381 107.251 28.728
201906 22.904 108.070 27.928
201909 22.960 108.329 27.929
201912 20.761 108.420 25.233
202003 21.163 108.902 25.608
202006 19.083 108.767 23.120
202009 20.779 109.815 24.934
202012 21.060 109.897 25.253
202103 22.395 111.754 26.407
202106 23.231 114.631 26.706
202109 24.011 115.734 27.339
202112 23.991 117.630 26.876
202203 25.354 121.301 27.543
202206 25.804 125.017 27.199
202209 26.853 125.227 28.257
202212 27.085 125.222 28.503
202303 28.747 127.348 29.747
202306 29.287 128.729 29.980
202309 30.059 129.860 30.503
202312 30.526 129.419 31.082
202403 32.220 131.776 32.220

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


Aapico Hitech PCL  (BKK:AH) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.80/25.45
=0.86

* 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 Aapico Hitech PCL was 2.13. The lowest was 0.34. And the median was 1.08.


Be Aware

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


Aapico Hitech PCL Cyclically Adjusted Book per Share Related Terms

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


Aapico Hitech PCL (BKK:AH) Business Description

Industry
Traded in Other Exchanges
Address
Tambol Ban Lane, 99 Moo 1 Hitech Industrial Estate, Ampur Bang Pa-in, Ayutthya, THA, 13160
Aapico Hitech PCL is a manufacturing company. The business activity of the firm is organized into business units based on their products and services and has three reported segments which are the Manufacture of auto parts; Sales of automobiles and the provision of automobile repair service; and Others. It manufactures products such as Jigs, Stamping dies, and Original equipment manufacturing auto parts, including Floor parts, Cross members, Pillars, Brackets, Clips, and Fuel tanks. Geographically the firm has its presence in the region of Thailand, China, Malaysia, and Portugal from which it derives the majority of its revenue from Thailand. Most of its revenue is derived from the Manufacture of automobiles assembly tools and parts segment.

Aapico Hitech PCL (BKK:AH) Headlines

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