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Kaset Thai International Sugar PCL (BKK:KTIS) Cyclically Adjusted Book per Share : ฿2.45 (As of Mar. 2024)


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What is Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿1.811. 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 ฿2.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kaset Thai International Sugar PCL's average Cyclically Adjusted Book Growth Rate was 4.30% 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.

As of today (2024-06-07), Kaset Thai International Sugar PCL's current stock price is ฿3.04. Kaset Thai International Sugar PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿2.45. Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio of today is 1.24.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Kaset Thai International Sugar PCL was 1.96. The lowest was 1.26. And the median was 1.63.


Kaset Thai International Sugar PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL Cyclically Adjusted Book per Share Chart

Kaset Thai International Sugar PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.30 2.38

Kaset Thai International Sugar 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 2.35 2.36 2.38 2.39 2.45

Competitive Comparison of Kaset Thai International Sugar PCL's Cyclically Adjusted Book per Share

For the Confectioners subindustry, Kaset Thai International Sugar 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.


Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio falls into.



Kaset Thai International Sugar 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, Kaset Thai International Sugar 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)
=1.811/131.7762*131.7762
=1.811

Current CPI (Mar. 2024) = 131.7762.

Kaset Thai International Sugar PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.191 100.560 2.871
201409 2.249 100.428 2.951
201412 2.221 99.070 2.954
201503 2.367 99.621 3.131
201506 2.219 100.684 2.904
201509 2.359 100.392 3.096
201512 2.252 99.792 2.974
201603 2.268 100.470 2.975
201606 2.195 101.688 2.844
201609 2.167 101.861 2.803
201612 2.026 101.863 2.621
201703 2.136 102.862 2.736
201706 2.184 103.349 2.785
201709 2.230 104.136 2.822
201712 2.102 104.011 2.663
201803 2.127 105.290 2.662
201806 1.922 106.317 2.382
201809 0.000 106.507 0.000
201812 2.075 105.998 2.580
201903 2.011 107.251 2.471
201906 1.986 108.070 2.422
201909 2.161 108.329 2.629
201912 1.985 108.420 2.413
202003 1.846 108.902 2.234
202006 2.016 108.767 2.442
202009 2.169 109.815 2.603
202012 2.071 109.897 2.483
202103 1.940 111.754 2.288
202106 1.830 114.631 2.104
202109 1.859 115.734 2.117
202112 1.766 117.630 1.978
202203 1.845 121.301 2.004
202206 1.841 125.017 1.941
202209 1.549 125.227 1.630
202212 1.519 125.222 1.599
202303 1.815 127.348 1.878
202306 1.940 128.729 1.986
202309 2.038 129.860 2.068
202312 1.834 129.419 1.867
202403 1.811 131.776 1.811

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


Kaset Thai International Sugar PCL  (BKK:KTIS) 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.

Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.04/2.45
=1.24

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Kaset Thai International Sugar PCL was 1.96. The lowest was 1.26. And the median was 1.63.


Be Aware

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


Kaset Thai International Sugar PCL Cyclically Adjusted Book per Share Related Terms

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


Kaset Thai International Sugar PCL (BKK:KTIS) Business Description

Traded in Other Exchanges
N/A
Address
1/1 Moo 14, Tambon Nongpo, Amphur Taklee, Nakhon Sawan, THA, 60140
Kaset Thai International Sugar Corp PCL is principally engaged in the manufacturing and distribution of sugar, which is sold both domestically and overseas. The company's segment includes the production and distribution of the sugar segment; the production and distribution of pulp segment; the production and distribution of alcohol segment and the production and distribution of electricity segment. It derives the majority of its revenues from the production and distribution of the sugar segment.

Kaset Thai International Sugar PCL (BKK:KTIS) Headlines

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