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Siam Wellness Group PCL (BKK:SPA) Cyclically Adjusted Book per Share : ฿0.70 (As of Mar. 2024)


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What is Siam Wellness Group 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.

Siam Wellness Group PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿0.760. 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 ฿0.70 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-08), Siam Wellness Group PCL's current stock price is ฿7.15. Siam Wellness Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.70. Siam Wellness Group PCL's Cyclically Adjusted PB Ratio of today is 10.21.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Siam Wellness Group PCL was 13.73. The lowest was 10.14. And the median was 12.14.


Siam Wellness Group PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Siam Wellness Group 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.

Siam Wellness Group PCL Cyclically Adjusted Book per Share Chart

Siam Wellness Group 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 - - - - 0.68

Siam Wellness Group 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 - - 0.67 0.68 0.70

Competitive Comparison of Siam Wellness Group PCL's Cyclically Adjusted Book per Share

For the Personal Services subindustry, Siam Wellness Group 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.


Siam Wellness Group PCL's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Siam Wellness Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Siam Wellness Group 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, Siam Wellness Group 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)
=0.76/131.7762*131.7762
=0.760

Current CPI (Mar. 2024) = 131.7762.

Siam Wellness Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.377 99.070 0.501
201503 0.384 99.621 0.508
201506 0.402 100.684 0.526
201509 0.424 100.392 0.557
201512 0.433 99.792 0.572
201603 0.438 100.470 0.574
201606 0.462 101.688 0.599
201609 0.471 101.861 0.609
201612 0.498 101.863 0.644
201703 0.511 102.862 0.655
201706 0.543 103.349 0.692
201709 0.555 104.136 0.702
201712 0.589 104.011 0.746
201803 0.601 105.290 0.752
201806 0.639 106.317 0.792
201809 0.679 106.507 0.840
201812 0.757 105.998 0.941
201903 0.731 107.251 0.898
201906 0.767 108.070 0.935
201909 0.822 108.329 1.000
201912 0.883 108.420 1.073
202003 0.886 108.902 1.072
202006 0.809 108.767 0.980
202009 0.767 109.815 0.920
202012 0.706 109.897 0.847
202103 0.647 111.754 0.763
202106 0.579 114.631 0.666
202109 0.518 115.734 0.590
202112 0.482 117.630 0.540
202203 0.437 121.301 0.475
202206 0.415 125.017 0.437
202209 0.403 125.227 0.424
202212 0.444 125.222 0.467
202303 0.483 127.348 0.500
202306 0.530 128.729 0.543
202309 0.593 129.860 0.602
202312 0.703 129.419 0.716
202403 0.760 131.776 0.760

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


Siam Wellness Group PCL  (BKK:SPA) 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.

Siam Wellness Group PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.15/0.7
=10.21

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Siam Wellness Group PCL was 13.73. The lowest was 10.14. And the median was 12.14.


Be Aware

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


Siam Wellness Group PCL Cyclically Adjusted Book per Share Related Terms

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


Siam Wellness Group PCL (BKK:SPA) Business Description

Traded in Other Exchanges
N/A
Address
Prachasongkroh Road, 565, 567 B.U. Place Building, 22nd Floor, Soi Suthiporn, Dindaeng Sub-district, Dindaeng District, Bangkok, THA, 10400
Siam Wellness Group PCL is a Thailand-based company and is principally engaged in the spa business. The business is organized into three segments being: Spa services, Sales of spa products and healthy products and Hotel and restaurant which operates boutique resorts and restaurants. Key revenue is earned from providing spa services. The Group operates in Thailand.