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Arrow Syndicate PCL (BKK:ARROW-R) Cyclically Adjusted Book per Share : ฿5.53 (As of Mar. 2024)


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What is Arrow Syndicate 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.

Arrow Syndicate PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿5.006. 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 ฿5.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Arrow Syndicate PCL's average Cyclically Adjusted Book Growth Rate was 6.90% 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.

As of today (2024-06-06), Arrow Syndicate PCL's current stock price is ฿7.00. Arrow Syndicate PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿5.53. Arrow Syndicate PCL's Cyclically Adjusted PB Ratio of today is 1.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arrow Syndicate PCL was 2.06. The lowest was 1.17. And the median was 1.57.


Arrow Syndicate PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Arrow Syndicate 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.

Arrow Syndicate PCL Cyclically Adjusted Book per Share Chart

Arrow Syndicate 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 - - 4.33 4.48 5.61

Arrow Syndicate 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 4.90 5.50 5.32 5.61 5.53

Competitive Comparison of Arrow Syndicate PCL's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Arrow Syndicate 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.


Arrow Syndicate PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Arrow Syndicate PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arrow Syndicate 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, Arrow Syndicate 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)
=5.006/131.7762*131.7762
=5.006

Current CPI (Mar. 2024) = 131.7762.

Arrow Syndicate PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.592 100.560 3.397
201409 2.637 100.428 3.460
201412 2.774 99.070 3.690
201503 3.027 99.621 4.004
201506 3.254 100.684 4.259
201509 3.369 100.392 4.422
201512 3.615 99.792 4.774
201603 3.894 100.470 5.107
201606 3.727 101.688 4.830
201609 3.779 101.861 4.889
201612 4.040 101.863 5.226
201703 4.227 102.862 5.415
201706 4.039 103.349 5.150
201709 4.041 104.136 5.114
201712 4.226 104.011 5.354
201803 4.391 105.290 5.496
201806 4.160 106.317 5.156
201809 4.193 106.507 5.188
201812 4.371 105.998 5.434
201903 4.545 107.251 5.584
201906 4.423 108.070 5.393
201909 4.564 108.329 5.552
201912 4.727 108.420 5.745
202003 4.974 108.902 6.019
202006 4.717 108.767 5.715
202009 4.719 109.815 5.663
202012 4.848 109.897 5.813
202103 5.017 111.754 5.916
202106 4.902 114.631 5.635
202109 5.008 115.734 5.702
202112 4.926 117.630 5.518
202203 5.044 121.301 5.480
202206 4.751 125.017 5.008
202209 4.705 125.227 4.951
202212 4.837 125.222 5.090
202303 4.879 127.348 5.049
202306 4.716 128.729 4.828
202309 4.771 129.860 4.841
202312 4.894 129.419 4.983
202403 5.006 131.776 5.006

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


Arrow Syndicate PCL  (BKK:ARROW-R) 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.

Arrow Syndicate PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.00/5.53
=1.27

* 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 Arrow Syndicate PCL was 2.06. The lowest was 1.17. And the median was 1.57.


Be Aware

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


Arrow Syndicate PCL Cyclically Adjusted Book per Share Related Terms

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


Arrow Syndicate PCL (BKK:ARROW-R) Business Description

Industry
Traded in Other Exchanges
Address
31 Moo 1, Tambon Panthong, Amphoe Panthong, Chonburi, THA, 20160
Arrow Syndicate PCL is involved in the manufacturing and selling of various conduits. It is primarily used in construction and building electrical conduits and PPR piping for water treatment systems. The Company's product portfolio includes electrical conduits, Liquid tight conduit, Water pipe, Air duct, Corrugated duct, and Reinforced thermosetting resin conduct.

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