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Bangkok Bank PCL (BKK:BBL) Cyclically Adjusted Book per Share : ฿265.06 (As of Mar. 2024)


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What is Bangkok Bank 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 Bank PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿291.050. 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 ฿265.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bangkok Bank PCL's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 Bank PCL was 9.70% per year. The lowest was 7.20% per year. And the median was 8.90% per year.

As of today (2024-05-24), Bangkok Bank PCL's current stock price is ฿139.50. Bangkok Bank PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿265.06. Bangkok Bank PCL's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bangkok Bank PCL was 1.34. The lowest was 0.49. And the median was 0.63.


Bangkok Bank PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bangkok Bank 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 Bank PCL Cyclically Adjusted Book per Share Chart

Bangkok Bank 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 183.80 195.54 219.44 242.54 258.39

Bangkok Bank 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 248.56 253.23 257.44 258.39 265.06

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

For the Banks - Regional subindustry, Bangkok Bank 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 Bank PCL's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Bangkok Bank 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 Bank 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)
=291.05/131.7762*131.7762
=291.050

Current CPI (Mar. 2024) = 131.7762.

Bangkok Bank PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 164.024 100.560 214.942
201409 167.030 100.428 219.168
201412 169.470 99.070 225.418
201503 174.886 99.621 231.335
201506 183.265 100.684 239.859
201509 186.002 100.392 244.151
201512 189.556 99.792 250.309
201603 194.106 100.470 254.588
201606 193.362 101.688 250.575
201609 194.300 101.861 251.363
201612 198.558 101.863 256.868
201703 202.170 102.862 258.999
201706 201.448 103.349 256.858
201709 205.894 104.136 260.544
201712 210.454 104.011 266.633
201803 212.413 105.290 265.848
201806 209.473 106.317 259.635
201809 211.948 106.507 262.234
201812 216.264 105.998 268.859
201903 222.782 107.251 273.727
201906 221.685 108.070 270.315
201909 225.361 108.329 274.138
201912 224.090 108.420 272.364
202003 217.330 108.902 262.980
202006 229.637 108.767 278.215
202009 230.249 109.815 276.295
202012 235.229 109.897 282.061
202103 241.093 111.754 284.287
202106 245.090 114.631 281.747
202109 255.079 115.734 290.435
202112 258.129 117.630 289.173
202203 260.699 121.301 283.212
202206 259.076 125.017 273.084
202209 267.216 125.227 281.192
202212 264.740 125.222 278.597
202303 269.907 127.348 279.293
202306 272.738 128.729 279.195
202309 276.669 129.860 280.753
202312 277.118 129.419 282.164
202403 291.050 131.776 291.050

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


Bangkok Bank PCL  (BKK:BBL) 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 Bank PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=139.50/265.06
=0.53

* 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 Bank PCL was 1.34. The lowest was 0.49. And the median was 0.63.


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 Bank PCL Cyclically Adjusted Book per Share Related Terms

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


Bangkok Bank PCL (BKK:BBL) Business Description

Industry
Traded in Other Exchanges
Address
333 Silom Road, Bangrak, Bangkok, THA, 10500
Bangkok Bank PCL is a Thai commercial bank with some international exposure to other Asian countries, the United Kingdom, and the United States. The bank's business units include corporate, commercial, business, consumer, international, and investment banking. Corporate banking services include loans, project finance, treasury, investment banking, trade finance, cash management, and securities. Nearly half of its loan portfolio is exposed to manufacturing and commercial businesses, followed by the utilities sector. The bank's strategy calls for increasingly leveraging its connection to other Asian countries, lending to high-growth sectors, and creating an omnichannel customer experience.

Bangkok Bank PCL (BKK:BBL) Headlines

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