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Charn Issara Development PCL (BKK:CI) Cyclically Adjusted Book per Share : ฿1.81 (As of Mar. 2024)


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What is Charn Issara Development 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.

Charn Issara Development PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿1.503. 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 ฿1.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Charn Issara Development PCL's average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.70% 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 Charn Issara Development PCL was 5.50% per year. The lowest was 4.40% per year. And the median was 5.40% per year.

As of today (2024-06-08), Charn Issara Development PCL's current stock price is ฿0.56. Charn Issara Development PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.81. Charn Issara Development PCL's Cyclically Adjusted PB Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Charn Issara Development PCL was 1.17. The lowest was 0.27. And the median was 0.53.


Charn Issara Development PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Charn Issara Development 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.

Charn Issara Development PCL Cyclically Adjusted Book per Share Chart

Charn Issara Development 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 1.49 1.53 1.65 1.75 1.79

Charn Issara Development 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 1.78 1.80 1.80 1.79 1.81

Competitive Comparison of Charn Issara Development PCL's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Charn Issara Development 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.


Charn Issara Development PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Charn Issara Development PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Charn Issara Development PCL's Cyclically Adjusted PB Ratio falls into.



Charn Issara Development 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, Charn Issara Development 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)
=1.503/131.7762*131.7762
=1.503

Current CPI (Mar. 2024) = 131.7762.

Charn Issara Development PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.389 100.560 1.820
201409 1.337 100.428 1.754
201412 1.420 99.070 1.889
201503 1.508 99.621 1.995
201506 1.472 100.684 1.927
201509 1.412 100.392 1.853
201512 1.509 99.792 1.993
201603 1.582 100.470 2.075
201606 1.557 101.688 2.018
201609 1.465 101.861 1.895
201612 1.660 101.863 2.147
201703 1.633 102.862 2.092
201706 1.532 103.349 1.953
201709 1.498 104.136 1.896
201712 1.633 104.011 2.069
201803 1.609 105.290 2.014
201806 1.504 106.317 1.864
201809 1.460 106.507 1.806
201812 1.649 105.998 2.050
201903 1.572 107.251 1.931
201906 1.445 108.070 1.762
201909 1.340 108.329 1.630
201912 1.868 108.420 2.270
202003 1.668 108.902 2.018
202006 1.557 108.767 1.886
202009 1.475 109.815 1.770
202012 1.466 109.897 1.758
202103 1.426 111.754 1.681
202106 1.308 114.631 1.504
202109 1.363 115.734 1.552
202112 1.376 117.630 1.541
202203 1.286 121.301 1.397
202206 1.248 125.017 1.315
202209 1.179 125.227 1.241
202212 1.817 125.222 1.912
202303 1.690 127.348 1.749
202306 1.603 128.729 1.641
202309 1.546 129.860 1.569
202312 1.497 129.419 1.524
202403 1.503 131.776 1.503

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


Charn Issara Development PCL  (BKK:CI) 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.

Charn Issara Development PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.56/1.81
=0.31

* 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 Charn Issara Development PCL was 1.17. The lowest was 0.27. And the median was 0.53.


Be Aware

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


Charn Issara Development PCL Cyclically Adjusted Book per Share Related Terms

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


Charn Issara Development PCL (BKK:CI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2922/200, New Petchburi Road, 10th Floor, Charn Issara Tower II, Bangkapi Sub-district, HuayKwang, Bangkok, THA, 10310
Charn Issara Development PCL engages in the real estate business. It operates through the segments of Real Estate Development, Lease of Office Condominium units, Hotel Operations and Sale of goods. Its portfolio and projects include office buildings, shopping centers, House and Townhome, Hotel, Dining and Entertainment, SPA and residential condominiums. The firm's majority revenue comes from the Real Estate Development segment. The company principally operates in Thailand.

Charn Issara Development PCL (BKK:CI) Headlines