GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Symphony Communication PCL (BKK:SYMC) » Definitions » Cyclically Adjusted Book per Share

Symphony Communication PCL (BKK:SYMC) Cyclically Adjusted Book per Share : ฿6.15 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Symphony Communication 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.

Symphony Communication PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿6.855. 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 ฿6.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Symphony Communication PCL's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 Symphony Communication PCL was 8.70% per year. The lowest was 8.60% per year. And the median was 8.65% per year.

As of today (2024-05-23), Symphony Communication PCL's current stock price is ฿9.00. Symphony Communication PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿6.15. Symphony Communication PCL's Cyclically Adjusted PB Ratio of today is 1.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Symphony Communication PCL was 1.59. The lowest was 0.39. And the median was 1.09.


Symphony Communication PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Symphony Communication 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.

Symphony Communication PCL Cyclically Adjusted Book per Share Chart

Symphony Communication 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 4.43 4.67 5.18 5.67 6.00

Symphony Communication 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 5.80 5.88 5.98 6.00 6.15

Competitive Comparison of Symphony Communication PCL's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Symphony Communication 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.


Symphony Communication PCL's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Symphony Communication PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Symphony Communication 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, Symphony Communication 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)
=6.855/131.7762*131.7762
=6.855

Current CPI (Mar. 2024) = 131.7762.

Symphony Communication PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.816 100.560 5.001
201409 3.800 100.428 4.986
201412 3.940 99.070 5.241
201503 4.079 99.621 5.396
201506 3.929 100.684 5.142
201509 3.897 100.392 5.115
201512 3.956 99.792 5.224
201603 3.995 100.470 5.240
201606 4.070 101.688 5.274
201609 4.147 101.861 5.365
201612 4.272 101.863 5.527
201703 4.362 102.862 5.588
201706 4.429 103.349 5.647
201709 4.439 104.136 5.617
201712 5.193 104.011 6.579
201803 5.224 105.290 6.538
201806 5.277 106.317 6.541
201809 5.313 106.507 6.574
201812 5.349 105.998 6.650
201903 5.366 107.251 6.593
201906 5.348 108.070 6.521
201909 5.378 108.329 6.542
201912 5.436 108.420 6.607
202003 5.467 108.902 6.615
202006 5.501 108.767 6.665
202009 5.567 109.815 6.680
202012 5.609 109.897 6.726
202103 5.662 111.754 6.676
202106 5.675 114.631 6.524
202109 5.811 115.734 6.616
202112 5.867 117.630 6.573
202203 5.937 121.301 6.450
202206 5.979 125.017 6.302
202209 6.087 125.227 6.405
202212 6.190 125.222 6.514
202303 6.299 127.348 6.518
202306 6.499 128.729 6.653
202309 6.619 129.860 6.717
202312 6.707 129.419 6.829
202403 6.855 131.776 6.855

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


Symphony Communication PCL  (BKK:SYMC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.00/6.15
=1.46

* 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 Symphony Communication PCL was 1.59. The lowest was 0.39. And the median was 1.09.


Be Aware

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


Symphony Communication PCL Cyclically Adjusted Book per Share Related Terms

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


Symphony Communication PCL (BKK:SYMC) Business Description

Traded in Other Exchanges
N/A
Address
Vibhavadee Rangsit Road, 123 Suntowers Building B, 35th-36th Floor, Chomphon, Chatuchak, Bangkok, THA, 10900
Symphony Communication PCL is engaged in the provision of communication high-speed circuit services. The company has been granted licenses from the National Broadcasting and Telecommunications Commission (NBTC) to provide telecommunication services. It includes Telecom Operation License Type 1, Telecom Operation License Type 2, and Telecom Operation License Type 3. The company's products and service lines include connectivity service, network equipment, installation of network equipment, and maintenance service of network equipment of which key revenue is derived from the connectivity service.

Symphony Communication PCL (BKK:SYMC) Headlines

No Headlines