GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Asian Marine Services PCL (BKK:ASIMAR) » Definitions » Cyclically Adjusted Book per Share

Asian Marine Services PCL (BKK:ASIMAR) Cyclically Adjusted Book per Share : ฿215.24 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Asian Marine Services 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.

Asian Marine Services PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿1.688. 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 ฿215.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asian Marine Services PCL's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.30% 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 Asian Marine Services PCL was 5.60% per year. The lowest was -0.70% per year. And the median was 2.90% per year.

As of today (2024-05-23), Asian Marine Services PCL's current stock price is ฿1.70. Asian Marine Services PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿215.24. Asian Marine Services PCL's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asian Marine Services PCL was 0.02. The lowest was 0.01. And the median was 0.01.


Asian Marine Services PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asian Marine Services 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.

Asian Marine Services PCL Cyclically Adjusted Book per Share Chart

Asian Marine Services 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 176.97 179.46 192.13 204.55 211.39

Asian Marine Services 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 208.02 210.28 212.12 211.39 215.24

Competitive Comparison of Asian Marine Services PCL's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Asian Marine Services 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.


Asian Marine Services PCL's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Asian Marine Services PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asian Marine Services PCL's Cyclically Adjusted PB Ratio falls into.



Asian Marine Services 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, Asian Marine Services 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)
=1.688/131.7762*131.7762
=1.688

Current CPI (Mar. 2024) = 131.7762.

Asian Marine Services PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.289 100.560 1.689
201409 1.314 100.428 1.724
201412 1.472 99.070 1.958
201503 1.599 99.621 2.115
201506 1.567 100.684 2.051
201509 1.747 100.392 2.293
201512 1.701 99.792 2.246
201603 1,723.188 100.470 2,260.120
201606 1,548.625 101.688 2,006.842
201609 1,613.974 101.861 2,087.976
201612 1.689 101.863 2.185
201703 1,704.221 102.862 2,183.268
201706 1.698 103.349 2.165
201709 1.775 104.136 2.246
201712 1.863 104.011 2.360
201803 1.864 105.290 2.333
201806 1.718 106.317 2.129
201809 1.712 106.507 2.118
201812 1.763 105.998 2.192
201903 1.788 107.251 2.197
201906 1.664 108.070 2.029
201909 1.688 108.329 2.053
201912 1.655 108.420 2.012
202003 1.685 108.902 2.039
202006 1.650 108.767 1.999
202009 1.680 109.815 2.016
202012 1.711 109.897 2.052
202103 1.768 111.754 2.085
202106 1.714 114.631 1.970
202109 1.675 115.734 1.907
202112 1.694 117.630 1.898
202203 1.655 121.301 1.798
202206 1.595 125.017 1.681
202209 1.614 125.227 1.698
202212 1.631 125.222 1.716
202303 1.652 127.348 1.709
202306 1.569 128.729 1.606
202309 1.607 129.860 1.631
202312 1.663 129.419 1.693
202403 1.688 131.776 1.688

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


Asian Marine Services PCL  (BKK:ASIMAR) 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.

Asian Marine Services PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.70/215.24
=0.01

* 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 Asian Marine Services PCL was 0.02. The lowest was 0.01. And the median was 0.01.


Be Aware

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


Asian Marine Services PCL Cyclically Adjusted Book per Share Related Terms

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


Asian Marine Services PCL (BKK:ASIMAR) Business Description

Traded in Other Exchanges
N/A
Address
128 Moo 3 Suksawad Road, Laemfapa, Prasamutjedee, Samutprakan, THA, 10290
Asian Marine Services PCL is principally engaged in shipbuilding and ship repair services. It provides services such as ship repair, shipbuilding, conversion, offshore, engineering, and facilities. The company and its subsidiaries' business operations involve principal segments namely, Ship Repairing; Shipbuilding and Ship Supply. The operations of the company are mainly carried out in Thailand, and it generates a majority of the revenue from the Ship repairing segment.

Asian Marine Services PCL (BKK:ASIMAR) Headlines

No Headlines