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Prime Road Power PCL (BKK:PRIME) Cyclically Adjusted Book per Share : ฿1.96 (As of Mar. 2024)


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What is Prime Road Power 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.

Prime Road Power PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿0.531. 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 ฿1.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Prime Road Power PCL's average Cyclically Adjusted Book Growth Rate was -18.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.50% 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 Prime Road Power PCL was -6.20% per year. The lowest was -10.90% per year. And the median was -7.10% per year.

As of today (2024-06-01), Prime Road Power PCL's current stock price is ฿0.49. Prime Road Power PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.96. Prime Road Power PCL's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Prime Road Power PCL was 0.97. The lowest was 0.25. And the median was 0.53.


Prime Road Power PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Prime Road Power 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.

Prime Road Power PCL Cyclically Adjusted Book per Share Chart

Prime Road Power 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 3.10 2.90 2.72 2.48 2.05

Prime Road Power 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 2.39 2.29 2.18 2.05 1.96

Competitive Comparison of Prime Road Power PCL's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Prime Road Power 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.


Prime Road Power PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Prime Road Power PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Prime Road Power 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, Prime Road Power 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)
=0.531/131.7762*131.7762
=0.531

Current CPI (Mar. 2024) = 131.7762.

Prime Road Power PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.012 100.560 5.257
201409 3.913 100.428 5.134
201412 3.621 99.070 4.816
201503 3.691 99.621 4.882
201506 3.939 100.684 5.155
201509 3.831 100.392 5.029
201512 3.447 99.792 4.552
201603 3.314 100.470 4.347
201606 3.065 101.688 3.972
201609 2.870 101.861 3.713
201612 2.581 101.863 3.339
201703 2.398 102.862 3.072
201706 2.061 103.349 2.628
201709 1.148 104.136 1.453
201712 0.795 104.011 1.007
201803 0.512 105.290 0.641
201806 0.560 106.317 0.694
201809 0.386 106.507 0.478
201812 3.227 105.998 4.012
201903 0.167 107.251 0.205
201906 0.076 108.070 0.093
201909 0.514 108.329 0.625
201912 0.527 108.420 0.641
202003 0.585 108.902 0.708
202006 0.607 108.767 0.735
202009 0.637 109.815 0.764
202012 0.635 109.897 0.761
202103 0.667 111.754 0.786
202106 0.683 114.631 0.785
202109 0.722 115.734 0.822
202112 0.697 117.630 0.781
202203 0.717 121.301 0.779
202206 0.734 125.017 0.774
202209 0.744 125.227 0.783
202212 0.727 125.222 0.765
202303 0.731 127.348 0.756
202306 0.758 128.729 0.776
202309 0.751 129.860 0.762
202312 0.507 129.419 0.516
202403 0.531 131.776 0.531

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


Prime Road Power PCL  (BKK:PRIME) 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.

Prime Road Power PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.49/1.96
=0.25

* 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 Prime Road Power PCL was 0.97. The lowest was 0.25. 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.


Prime Road Power PCL Cyclically Adjusted Book per Share Related Terms

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


Prime Road Power PCL (BKK:PRIME) Business Description

Traded in Other Exchanges
N/A
Address
1 Soi Vibhavadee-Rangsit 19 Chatuchak, 22nd Floor TP&T Tower, Chatuchak, Bangkok, THA, 10900
Prime Road Power PCL is a renewable energy project developer in Thailand. It is engaged in the construction of power plants and the generation of electricity from renewable energy for distribution to individuals, corporations, government agencies, and state-owned enterprises both domestic and overseas. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.

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