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Singha Estate PCL (BKK:S) Cyclically Adjusted Book per Share : ฿2.61 (As of Mar. 2024)


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What is Singha Estate 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.

Singha Estate PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿2.520. 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 ฿2.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Singha Estate PCL's average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 Singha Estate PCL was 10.40% per year. The lowest was 7.20% per year. And the median was 9.15% per year.

As of today (2024-06-09), Singha Estate PCL's current stock price is ฿0.77. Singha Estate PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿2.61. Singha Estate PCL's Cyclically Adjusted PB Ratio of today is 0.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Singha Estate PCL was 2.52. The lowest was 0.29. And the median was 0.85.


Singha Estate PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Singha Estate 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.

Singha Estate PCL Cyclically Adjusted Book per Share Chart

Singha Estate 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 1.90 2.06 2.31 2.56 2.54

Singha Estate 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 2.62 2.68 2.72 2.54 2.61

Competitive Comparison of Singha Estate PCL's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Singha Estate 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.


Singha Estate PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Singha Estate PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Singha Estate 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, Singha Estate 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)
=2.52/131.7762*131.7762
=2.520

Current CPI (Mar. 2024) = 131.7762.

Singha Estate PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.058 100.560 1.386
201409 1.019 100.428 1.337
201412 1.259 99.070 1.675
201503 0.976 99.621 1.291
201506 1.501 100.684 1.965
201509 1.745 100.392 2.291
201512 1.725 99.792 2.278
201603 1.723 100.470 2.260
201606 2.225 101.688 2.883
201609 2.219 101.861 2.871
201612 2.207 101.863 2.855
201703 2.173 102.862 2.784
201706 2.175 103.349 2.773
201709 2.287 104.136 2.894
201712 2.387 104.011 3.024
201803 2.374 105.290 2.971
201806 2.501 106.317 3.100
201809 2.482 106.507 3.071
201812 2.527 105.998 3.142
201903 2.575 107.251 3.164
201906 2.500 108.070 3.048
201909 2.494 108.329 3.034
201912 2.559 108.420 3.110
202003 2.716 108.902 3.286
202006 2.515 108.767 3.047
202009 2.522 109.815 3.026
202012 2.175 109.897 2.608
202103 2.290 111.754 2.700
202106 2.299 114.631 2.643
202109 2.333 115.734 2.656
202112 2.323 117.630 2.602
202203 2.314 121.301 2.514
202206 2.388 125.017 2.517
202209 2.480 125.227 2.610
202212 2.422 125.222 2.549
202303 2.407 127.348 2.491
202306 2.438 128.729 2.496
202309 2.459 129.860 2.495
202312 2.429 129.419 2.473
202403 2.520 131.776 2.520

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


Singha Estate PCL  (BKK:S) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.77/2.61
=0.30

* 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 Singha Estate PCL was 2.52. The lowest was 0.29. And the median was 0.85.


Be Aware

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


Singha Estate PCL Cyclically Adjusted Book per Share Related Terms

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


Singha Estate PCL (BKK:S) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Vibhavadi - Rangsit Road, 123 Suntowers Building B, 22nd Floor, Chomphon, Chatuchak, Bangkok, THA, 10900
Singha Estate PCL is a real estate development company operating primarily in Thailand. The group is engaged in the development and investment of real estate, hospitality business, property rental business, and real estate development service business. Revenue is generated through unit rental income, service charges for utilities, and other service fees. It operates in the following segments: House and condominium, Hospitality, Investment Property, and Other income. The hospitality segment earns the majority of the revenue.