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Thai Wacoal PCL (BKK:WACOAL) Cyclically Adjusted Book per Share : ฿54.85 (As of Mar. 2024)


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What is Thai Wacoal 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.

Thai Wacoal PCL's adjusted book value per share for the three months ended in Mar. 2024 was ฿45.304. 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 ฿54.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Thai Wacoal PCL's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% 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 Thai Wacoal PCL was 4.20% per year. The lowest was 2.10% per year. And the median was 3.60% per year.

As of today (2024-06-09), Thai Wacoal PCL's current stock price is ฿31.00. Thai Wacoal PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿54.85. Thai Wacoal PCL's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thai Wacoal PCL was 1.12. The lowest was 0.53. And the median was 0.94.


Thai Wacoal PCL Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thai Wacoal 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.

Thai Wacoal PCL Cyclically Adjusted Book per Share Chart

Thai Wacoal 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 47.32 47.85 50.84 53.25 54.14

Thai Wacoal 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 53.90 54.29 54.57 54.14 54.85

Competitive Comparison of Thai Wacoal PCL's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Thai Wacoal 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.


Thai Wacoal PCL's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Wacoal PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thai Wacoal 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, Thai Wacoal 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)
=45.304/131.7762*131.7762
=45.304

Current CPI (Mar. 2024) = 131.7762.

Thai Wacoal PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 41.625 100.560 54.547
201409 42.462 100.428 55.716
201412 42.618 99.070 56.688
201503 43.343 99.621 57.333
201506 42.097 100.684 55.097
201509 42.486 100.392 55.768
201512 43.166 99.792 57.001
201603 43.968 100.470 57.668
201606 43.686 101.688 56.612
201609 44.532 101.861 57.610
201612 45.329 101.863 58.641
201703 46.732 102.862 59.868
201706 46.199 103.349 58.906
201709 47.112 104.136 59.617
201712 48.041 104.011 60.865
201803 48.574 105.290 60.793
201806 47.080 106.317 58.354
201809 48.364 106.507 59.839
201812 48.424 105.998 60.201
201903 48.781 107.251 59.936
201906 47.239 108.070 57.602
201909 47.305 108.329 57.544
201912 47.985 108.420 58.322
202003 51.120 108.902 61.858
202006 48.310 108.767 58.530
202009 46.045 109.815 55.253
202012 44.571 109.897 53.445
202103 44.645 111.754 52.644
202106 43.825 114.631 50.380
202109 43.700 115.734 49.757
202112 44.685 117.630 50.059
202203 45.513 121.301 49.443
202206 44.959 125.017 47.390
202209 45.611 125.227 47.997
202212 46.185 125.222 48.602
202303 46.767 127.348 48.393
202306 46.267 128.729 47.362
202309 46.238 129.860 46.920
202312 45.204 129.419 46.027
202403 45.304 131.776 45.304

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


Thai Wacoal PCL  (BKK:WACOAL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.00/54.85
=0.57

* 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 Thai Wacoal PCL was 1.12. The lowest was 0.53. And the median was 0.94.


Be Aware

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


Thai Wacoal PCL Cyclically Adjusted Book per Share Related Terms

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


Thai Wacoal PCL (BKK:WACOAL) Business Description

Traded in Other Exchanges
N/A
Address
132 Soi Charoenrat 7, Bangkholaem District, Khwang Bangkhlo, Bangkok, THA, 10120
Thai Wacoal PCL is a Thailand-based garment manufacturing company. It manufactures and sells finished garment products, consisting of Ladies lingerie. The key revenue driver product of the company is Ladies lingerie, which is sold under the brand names of Wacoal. The company's operating segment is based on domestic sales and export sales of which a majority of the revenue is generated from domestic sales.

Thai Wacoal PCL (BKK:WACOAL) Headlines

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