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Advanced Connection PCL (BKK:ACC) Cyclically Adjusted PB Ratio : 0.62 (As of Jun. 08, 2024)


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What is Advanced Connection PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Advanced Connection PCL's current share price is ฿0.42. Advanced Connection PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.68. Advanced Connection PCL's Cyclically Adjusted PB Ratio for today is 0.62.

The historical rank and industry rank for Advanced Connection PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:ACC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.93   Max: 3.46
Current: 0.66

During the past years, Advanced Connection PCL's highest Cyclically Adjusted PB Ratio was 3.46. The lowest was 0.55. And the median was 0.93.

BKK:ACC's Cyclically Adjusted PB Ratio is ranked better than
64.75% of 451 companies
in the Conglomerates industry
Industry Median: 0.97 vs BKK:ACC: 0.66

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.

Advanced Connection PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿0.431. 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 ฿0.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Connection PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Advanced Connection PCL's Cyclically Adjusted 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.

Advanced Connection PCL Cyclically Adjusted PB Ratio Chart

Advanced Connection PCL Annual Data
Trend Jul14 Jul15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.79 2.77 1.61 0.64

Advanced Connection 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 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 1.77 1.12 0.79 0.64 0.83

Competitive Comparison of Advanced Connection PCL's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Advanced Connection 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.


Advanced Connection PCL's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



Advanced Connection PCL Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Advanced Connection PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.42/0.68
=0.62

* 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.

Advanced Connection PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Advanced Connection 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)
=0.431/131.7762*131.7762
=0.431

Current CPI (Mar. 2024) = 131.7762.

Advanced Connection PCL Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.732 100.023 0.964
201407 0.718 100.520 0.941
201410 0.707 100.176 0.930
201501 0.705 98.604 0.942
201504 0.835 99.824 1.102
201507 0.673 100.691 0.881
201510 0.668 100.346 0.877
201603 0.662 100.470 0.868
201606 0.664 101.688 0.860
201609 0.664 101.861 0.859
201612 0.642 101.863 0.831
201703 0.641 102.862 0.821
201706 0.641 103.349 0.817
201709 0.625 104.136 0.791
201712 0.598 104.011 0.758
201803 0.689 105.290 0.862
201806 0.681 106.317 0.844
201809 0.674 106.507 0.834
201812 0.568 105.998 0.706
201903 0.571 107.251 0.702
201906 0.496 108.070 0.605
201909 0.523 108.329 0.636
201912 0.469 108.420 0.570
202003 0.451 108.902 0.546
202006 0.446 108.767 0.540
202009 0.428 109.815 0.514
202012 0.423 109.897 0.507
202103 0.417 111.754 0.492
202106 0.410 114.631 0.471
202109 0.391 115.734 0.445
202112 0.364 117.630 0.408
202203 0.466 121.301 0.506
202206 0.521 125.017 0.549
202209 0.512 125.227 0.539
202212 0.491 125.222 0.517
202303 0.480 127.348 0.497
202306 0.465 128.729 0.476
202309 0.452 129.860 0.459
202312 0.437 129.419 0.445
202403 0.431 131.776 0.431

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


Advanced Connection PCL  (BKK:ACC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Advanced Connection PCL Cyclically Adjusted PB Ratio Related Terms

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


Advanced Connection PCL (BKK:ACC) Business Description

Traded in Other Exchanges
N/A
Address
Rama 4 Road, 944 Mitrtown Office Tower, 16th Floor, Wangmai Pathumwan, Bangkok, THA, 10250
Advanced Connection Corp PCL is engaged in manufacturing and distributing ceiling fans, renting property, banquets, and restaurants, property development, investment in alternative energy, and financing. The company's activities are; investment in renewable energy, real estate development, distribution, rental, lending and asset management, construction business, and commercial hemp business. Its business segments are; Construction contracts, Property development, Financing, Alternative energy, Trading, and Hemp and marijuana.