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Central Pattana PCL (BKK:CPN) PB Ratio : 2.91 (As of May. 16, 2024)


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What is Central Pattana PCL PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-16), Central Pattana PCL's share price is ฿62.75. Central Pattana PCL's Book Value per Share for the quarter that ended in Mar. 2024 was ฿21.53. Hence, Central Pattana PCL's PB Ratio of today is 2.91.

Good Sign:

Central Pattana PCL stock PB Ratio (=2.91) is close to 3-year low of 2.87

The historical rank and industry rank for Central Pattana PCL's PB Ratio or its related term are showing as below:

BKK:CPN' s PB Ratio Range Over the Past 10 Years
Min: 2.43   Med: 4.69   Max: 8.68
Current: 2.91

During the past 13 years, Central Pattana PCL's highest PB Ratio was 8.68. The lowest was 2.43. And the median was 4.69.

BKK:CPN's PB Ratio is ranked worse than
87.54% of 1757 companies
in the Real Estate industry
Industry Median: 0.82 vs BKK:CPN: 2.91

During the past 12 months, Central Pattana PCL's average Book Value Per Share Growth Rate was 13.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Central Pattana PCL was 25.90% per year. The lowest was -33.80% per year. And the median was 11.50% per year.

Back to Basics: PB Ratio


Central Pattana PCL PB Ratio Historical Data

The historical data trend for Central Pattana PCL's PB Ratio 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.

Central Pattana PCL PB Ratio Chart

Central Pattana PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 3.10 3.46 3.90 3.40

Central Pattana PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 3.62 3.51 3.21 3.40 2.93

Competitive Comparison of Central Pattana PCL's PB Ratio

For the Real Estate - Diversified subindustry, Central Pattana PCL's PB Ratio, along with its competitors' market caps and 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.


Central Pattana PCL's PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Central Pattana PCL's PB Ratio falls into.



Central Pattana PCL PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Central Pattana PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=62.75/21.528
=2.91

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Central Pattana PCL  (BKK:CPN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Central Pattana PCL PB Ratio Related Terms

Thank you for viewing the detailed overview of Central Pattana PCL's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Central Pattana PCL (BKK:CPN) Business Description

Traded in Other Exchanges
Address
999/9 Rama I Road, 31-33 Floor, The Offices at Central World, Patumwan District, Patumwan Sub-District, Bangkok, THA, 10330
Central Pattana PCL develops and manages large-scale shopping complexes, office buildings, and hotels. The company segment includes Development of shopping center buildings, office building and condominiums for rent including provision of utility services, operator of play land and water theme park in the shopping center buildings; Food center services in the shopping centers; Hotel business and Real estate business for sales of land and houses and condominium units.

Central Pattana PCL (BKK:CPN) Headlines

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