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Seafco PCL (BKK:SEAFCO) Cyclically Adjusted Book per Share : ฿1.94 (As of Mar. 2024)


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What is Seafco 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.

Seafco PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿2.008. 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 ฿1.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seafco PCL's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.70% 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 Seafco PCL was 12.80% per year. The lowest was 11.70% per year. And the median was 12.00% per year.

As of today (2024-06-02), Seafco PCL's current stock price is ฿2.34. Seafco PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.94. Seafco PCL's Cyclically Adjusted PB Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seafco PCL was 7.44. The lowest was 1.21. And the median was 3.03.


Seafco PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seafco 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.

Seafco PCL Cyclically Adjusted Book per Share Chart

Seafco 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 1.22 1.35 1.56 1.75 1.88

Seafco 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 1.80 1.84 1.87 1.88 1.94

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

For the Engineering & Construction subindustry, Seafco 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.


Seafco PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Seafco PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Seafco 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, Seafco 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)
=2.008/131.7762*131.7762
=2.008

Current CPI (Mar. 2024) = 131.7762.

Seafco PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.004 100.560 1.316
201409 1.070 100.428 1.404
201412 1.110 99.070 1.476
201503 1.144 99.621 1.513
201506 1.151 100.684 1.506
201509 1.173 100.392 1.540
201512 1.206 99.792 1.593
201603 1.270 100.470 1.666
201606 1.257 101.688 1.629
201609 1.231 101.861 1.593
201612 1.297 101.863 1.678
201703 1.371 102.862 1.756
201706 1.362 103.349 1.737
201709 1.361 104.136 1.722
201712 1.440 104.011 1.824
201803 1.504 105.290 1.882
201806 1.581 106.317 1.960
201809 1.621 106.507 2.006
201812 1.719 105.998 2.137
201903 1.862 107.251 2.288
201906 1.856 108.070 2.263
201909 1.955 108.329 2.378
201912 1.995 108.420 2.425
202003 2.089 108.902 2.528
202006 2.052 108.767 2.486
202009 2.048 109.815 2.458
202012 1.973 109.897 2.366
202103 2.007 111.754 2.367
202106 2.000 114.631 2.299
202109 1.927 115.734 2.194
202112 1.908 117.630 2.137
202203 1.861 121.301 2.022
202206 1.791 125.017 1.888
202209 1.742 125.227 1.833
202212 1.755 125.222 1.847
202303 1.830 127.348 1.894
202306 1.845 128.729 1.889
202309 1.923 129.860 1.951
202312 1.963 129.419 1.999
202403 2.008 131.776 2.008

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


Seafco PCL  (BKK:SEAFCO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.34/1.94
=1.21

* 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 Seafco PCL was 7.44. The lowest was 1.21. And the median was 3.03.


Be Aware

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


Seafco PCL Cyclically Adjusted Book per Share Related Terms

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


Seafco PCL (BKK:SEAFCO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Seafco PCL (BKK:SEAFCO) » Definitions » Cyclically Adjusted Book per Share
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Address
144 Prayasuren Road, Bangchan, Khlong Sam Wah, Bangkok, THA, 10510
Seafco PCL is a Thailand-based company engaged in the business of contractual construction work. Its services include bored piling, diaphragm walling, barrette piling, substructure works, civil construction, ground improvement, and ancillary services. Its diaphragm walls are used for deep basements, underpass tunnels, cut and cover tunnels. Geographically, the firm caters its services to the domestic and overseas markets.

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