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Premier Marketing PCL (BKK:PM) Cyclically Adjusted Book per Share : ฿3.29 (As of Mar. 2024)


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What is Premier Marketing 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.

Premier Marketing PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿2.969. 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 ฿3.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Premier Marketing PCL's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Premier Marketing PCL was 6.70% per year. The lowest was 5.50% per year. And the median was 6.10% per year.

As of today (2024-06-06), Premier Marketing PCL's current stock price is ฿8.15. Premier Marketing PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿3.29. Premier Marketing PCL's Cyclically Adjusted PB Ratio of today is 2.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Premier Marketing PCL was 5.21. The lowest was 1.87. And the median was 3.06.


Premier Marketing PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Premier Marketing 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.

Premier Marketing PCL Cyclically Adjusted Book per Share Chart

Premier Marketing 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 2.62 2.72 2.96 3.18 3.25

Premier Marketing 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 3.23 3.26 3.28 3.25 3.29

Competitive Comparison of Premier Marketing PCL's Cyclically Adjusted Book per Share

For the Food Distribution subindustry, Premier Marketing 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.


Premier Marketing PCL's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Premier Marketing PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Premier Marketing 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, Premier Marketing 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)
=2.969/131.7762*131.7762
=2.969

Current CPI (Mar. 2024) = 131.7762.

Premier Marketing PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.558 100.560 3.352
201409 2.467 100.428 3.237
201412 2.687 99.070 3.574
201503 2.906 99.621 3.844
201506 2.675 100.684 3.501
201509 2.529 100.392 3.320
201512 2.950 99.792 3.895
201603 3.174 100.470 4.163
201606 3.004 101.688 3.893
201609 2.873 101.861 3.717
201612 2.963 101.863 3.833
201703 3.219 102.862 4.124
201706 2.943 103.349 3.752
201709 2.755 104.136 3.486
201712 2.866 104.011 3.631
201803 3.038 105.290 3.802
201806 2.641 106.317 3.273
201809 2.634 106.507 3.259
201812 2.854 105.998 3.548
201903 3.044 107.251 3.740
201906 2.755 108.070 3.359
201909 2.632 108.329 3.202
201912 2.764 108.420 3.359
202003 2.903 108.902 3.513
202006 2.493 108.767 3.020
202009 2.378 109.815 2.854
202012 2.464 109.897 2.955
202103 2.697 111.754 3.180
202106 2.365 114.631 2.719
202109 2.356 115.734 2.683
202112 2.601 117.630 2.914
202203 2.759 121.301 2.997
202206 2.513 125.017 2.649
202209 2.501 125.227 2.632
202212 2.681 125.222 2.821
202303 2.850 127.348 2.949
202306 2.675 128.729 2.738
202309 2.473 129.860 2.510
202312 2.746 129.419 2.796
202403 2.969 131.776 2.969

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


Premier Marketing PCL  (BKK:PM) 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.

Premier Marketing PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.15/3.29
=2.48

* 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 Premier Marketing PCL was 5.21. The lowest was 1.87. And the median was 3.06.


Be Aware

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


Premier Marketing PCL Cyclically Adjusted Book per Share Related Terms

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


Premier Marketing PCL (BKK:PM) Business Description

Traded in Other Exchanges
N/A
Address
Soi Premier 2, Srinakarin Road, 1 Premier Corporate Park, Kwaeng Nongbon, Khet Prawet, Bangkok, THA, 10250
Premier Marketing PCL is engaged in the distribution of consumer products. The company operates through three segments which include Distribution of consumer products, Manufacture of food, and Cold storage warehouse and services. It generates maximum revenue from the Distribution of consumer products segment. Its products consist of varieties of snacks, food and beverages, confectioneries, nutritional food and pastilles, pharmaceuticals and dietary supplements, personal care, and household products. Geographically, it derives a majority of revenue from Thailand.