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Haad Thip PCL (BKK:HTC) Cyclically Adjusted Book per Share : ฿8.67 (As of Mar. 2024)


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What is Haad Thip 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.

Haad Thip PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿10.229. 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 ฿8.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Haad Thip PCL's average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 Haad Thip PCL was 13.10% per year. The lowest was 8.90% per year. And the median was 11.70% per year.

As of today (2024-06-12), Haad Thip PCL's current stock price is ฿16.10. Haad Thip PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿8.67. Haad Thip PCL's Cyclically Adjusted PB Ratio of today is 1.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Haad Thip PCL was 3.49. The lowest was 1.34. And the median was 2.12.


Haad Thip PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Haad Thip 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.

Haad Thip PCL Cyclically Adjusted Book per Share Chart

Haad Thip 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 5.34 5.80 6.73 7.65 8.39

Haad Thip 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 7.90 8.11 8.30 8.39 8.67

Competitive Comparison of Haad Thip PCL's Cyclically Adjusted Book per Share

For the Beverages - Non-Alcoholic subindustry, Haad Thip 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.


Haad Thip PCL's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Haad Thip PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Haad Thip 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, Haad Thip 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)
=10.229/131.7762*131.7762
=10.229

Current CPI (Mar. 2024) = 131.7762.

Haad Thip PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.740 100.560 4.901
201409 3.791 100.428 4.974
201412 3.840 99.070 5.108
201503 5.849 99.621 7.737
201506 5.768 100.684 7.549
201509 5.789 100.392 7.599
201512 5.898 99.792 7.788
201603 6.096 100.470 7.995
201606 6.203 101.688 8.038
201609 6.161 101.861 7.970
201612 6.207 101.863 8.030
201703 6.422 102.862 8.227
201706 6.418 103.349 8.183
201709 6.412 104.136 8.114
201712 6.689 104.011 8.475
201803 6.909 105.290 8.647
201806 6.759 106.317 8.378
201809 6.686 106.507 8.272
201812 6.807 105.998 8.462
201903 7.327 107.251 9.003
201906 7.377 108.070 8.995
201909 7.243 108.329 8.811
201912 7.252 108.420 8.814
202003 7.058 108.902 8.541
202006 7.538 108.767 9.133
202009 7.566 109.815 9.079
202012 8.585 109.897 10.294
202103 8.953 111.754 10.557
202106 8.858 114.631 10.183
202109 8.755 115.734 9.969
202112 8.979 117.630 10.059
202203 9.249 121.301 10.048
202206 9.062 125.017 9.552
202209 9.053 125.227 9.526
202212 9.336 125.222 9.825
202303 9.833 127.348 10.175
202306 9.720 128.729 9.950
202309 9.574 129.860 9.715
202312 9.775 129.419 9.953
202403 10.229 131.776 10.229

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


Haad Thip PCL  (BKK:HTC) 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.

Haad Thip PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.10/8.67
=1.86

* 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 Haad Thip PCL was 3.49. The lowest was 1.34. And the median was 2.12.


Be Aware

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


Haad Thip PCL Cyclically Adjusted Book per Share Related Terms

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


Haad Thip PCL (BKK:HTC) Business Description

Traded in Other Exchanges
N/A
Address
87/1, Kanchanavanich Road, Thambol Banphru, Amphur Hadyai, Songkhla, THA, 90250
Haad Thip PCL is engaged in the manufacture and distributor of soft drinks. The company has been granted a franchise by Coca-Cola in the United States to be a producer and distributor of carbonated drinks under the trademarks of Coca-Cola, Fanta, and Sprite, and other non-carbonated products owned by Coca-Cola Company, such as Minute Maid Splash and Namthip Drinking Water. Its brands include Coca-Cola, Sprite, Fanta, Minute Maid, Namthip, A&W, and Aquarius. The company operates business in Segment soft drinks, Segment Consumer goods, Segment food, Segment Real estate development. The company generates majority revenue from soft drinks. The company distributes its products in the southern provinces of Thailand.

Haad Thip PCL (BKK:HTC) Headlines

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