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PRG PCL (BKK:PRG) Cyclically Adjusted Book per Share : ฿14.59 (As of Mar. 2024)


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What is PRG 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.

PRG PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿12.754. 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 ฿14.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PRG PCL's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% 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 PRG PCL was 7.90% per year. The lowest was 5.50% per year. And the median was 5.75% per year.

As of today (2024-05-24), PRG PCL's current stock price is ฿10.40. PRG PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿14.59. PRG PCL's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PRG PCL was 1.49. The lowest was 0.70. And the median was 0.91.


PRG PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for PRG 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.

PRG PCL Cyclically Adjusted Book per Share Chart

PRG 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 12.06 12.24 13.19 14.20 14.36

PRG 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 14.30 14.39 14.47 14.36 14.59

Competitive Comparison of PRG PCL's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, PRG 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.


PRG PCL's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



PRG 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, PRG 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)
=12.754/131.7762*131.7762
=12.754

Current CPI (Mar. 2024) = 131.7762.

PRG PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.867 100.560 14.240
201409 12.029 100.428 15.784
201412 10.909 99.070 14.510
201503 10.519 99.621 13.914
201506 11.649 100.684 15.246
201509 10.208 100.392 13.399
201512 10.617 99.792 14.020
201603 11.083 100.470 14.536
201606 10.684 101.688 13.845
201609 11.153 101.861 14.428
201612 10.816 101.863 13.992
201703 11.357 102.862 14.549
201706 11.195 103.349 14.274
201709 13.922 104.136 17.617
201712 13.910 104.011 17.623
201803 16.444 105.290 20.581
201806 15.319 106.317 18.987
201809 18.453 106.507 22.831
201812 14.633 105.998 18.192
201903 14.748 107.251 18.121
201906 15.525 108.070 18.931
201909 16.103 108.329 19.588
201912 15.018 108.420 18.253
202003 9.622 108.902 11.643
202006 10.157 108.767 12.306
202009 9.021 109.815 10.825
202012 9.379 109.897 11.246
202103 11.354 111.754 13.388
202106 9.885 114.631 11.363
202109 10.296 115.734 11.723
202112 10.271 117.630 11.506
202203 9.366 121.301 10.175
202206 12.408 125.017 13.079
202209 12.135 125.227 12.770
202212 13.171 125.222 13.860
202303 11.712 127.348 12.119
202306 12.333 128.729 12.625
202309 12.831 129.860 13.020
202312 11.493 129.419 11.702
202403 12.754 131.776 12.754

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


PRG PCL  (BKK:PRG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.40/14.59
=0.71

* 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 PRG PCL was 1.49. The lowest was 0.70. And the median was 0.91.


Be Aware

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


PRG PCL Cyclically Adjusted Book per Share Related Terms

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


PRG PCL (BKK:PRG) Business Description

Traded in Other Exchanges
N/A
Address
88, Moo 2, Tiwanont Road, Bangkadee Sub-District, Muang District, Pathumtani, THA, 12000
PRG Corp PCL is engaged in the processing and packaging of rice and related business. The company has three reportable segments: Improving the quality and packaging of milled rice including Organic rice, Japanese rice, Quinoa rice, White rice, Hom Mali rice, Maboonkrong rice, and other products; and Food Center business includes Suki Number One, MBK Food Island, The Fifth Food Avenue, and HINA Japanese Restaurant and Asset management. Geographically, it operates in Thailand, the United States, Canada, Europe, Asia Pacific, and other regions. PRG Corp PCL generates the majority of its revenue from Improving the quality and packaging of rice from the Thailand region.

PRG PCL (BKK:PRG) Headlines

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