GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ekarat Engineering PCL (BKK:AKR) » Definitions » Cyclically Adjusted PB Ratio

Ekarat Engineering PCL (BKK:AKR) Cyclically Adjusted PB Ratio : 0.83 (As of Jun. 08, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Ekarat Engineering PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Ekarat Engineering PCL's current share price is ฿0.86. Ekarat Engineering PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.04. Ekarat Engineering PCL's Cyclically Adjusted PB Ratio for today is 0.83.

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

BKK:AKR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.64   Max: 1.1
Current: 0.83

During the past years, Ekarat Engineering PCL's highest Cyclically Adjusted PB Ratio was 1.10. The lowest was 0.24. And the median was 0.64.

BKK:AKR's Cyclically Adjusted PB Ratio is ranked better than
79.2% of 2173 companies
in the Industrial Products industry
Industry Median: 1.89 vs BKK:AKR: 0.83

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.

Ekarat Engineering PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿1.042. 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 ฿1.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ekarat Engineering PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ekarat Engineering 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.

Ekarat Engineering PCL Cyclically Adjusted PB Ratio Chart

Ekarat Engineering PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.36 0.63 0.91 0.81

Ekarat Engineering 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 1.00 0.88 0.81 0.81 0.97

Competitive Comparison of Ekarat Engineering PCL's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Ekarat Engineering 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.


Ekarat Engineering PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ekarat Engineering PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ekarat Engineering 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.

Ekarat Engineering PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.86/1.04
=0.83

* 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.

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

For example, Ekarat Engineering 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)
=1.042/131.7762*131.7762
=1.042

Current CPI (Mar. 2024) = 131.7762.

Ekarat Engineering PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.919 100.560 1.204
201409 0.941 100.428 1.235
201412 0.987 99.070 1.313
201503 0.983 99.621 1.300
201506 0.922 100.684 1.207
201509 0.936 100.392 1.229
201512 0.987 99.792 1.303
201603 0.988 100.470 1.296
201606 0.924 101.688 1.197
201609 0.921 101.861 1.191
201612 0.886 101.863 1.146
201703 0.868 102.862 1.112
201706 0.828 103.349 1.056
201709 0.882 104.136 1.116
201712 0.894 104.011 1.133
201803 0.889 105.290 1.113
201806 0.853 106.317 1.057
201809 0.858 106.507 1.062
201812 0.656 105.998 0.816
201903 0.643 107.251 0.790
201906 0.455 108.070 0.555
201909 0.697 108.329 0.848
201912 0.725 108.420 0.881
202003 0.721 108.902 0.872
202006 0.727 108.767 0.881
202009 0.747 109.815 0.896
202012 0.791 109.897 0.948
202103 0.809 111.754 0.954
202106 0.833 114.631 0.958
202109 0.847 115.734 0.964
202112 0.862 117.630 0.966
202203 0.884 121.301 0.960
202206 0.879 125.017 0.927
202209 0.900 125.227 0.947
202212 0.926 125.222 0.974
202303 0.971 127.348 1.005
202306 0.930 128.729 0.952
202309 0.969 129.860 0.983
202312 1.016 129.419 1.035
202403 1.042 131.776 1.042

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.


Ekarat Engineering PCL  (BKK:AKR) 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.


Ekarat Engineering PCL Cyclically Adjusted PB Ratio Related Terms

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


Ekarat Engineering PCL (BKK:AKR) Business Description

Traded in Other Exchanges
N/A
Address
9/291 UM Tower, Ramkhamhaeng Road, 28th Floor, Suanluang, Suanluang, Bangkok, THA, 10250
Ekarat Engineering PCL is engaged in manufacturing and distribution of transformers and solar farms. Its segments include Goods production and distribution; Services; Installation of a solar panel; and Electricity. It derives the majority of the revenue from the Goods production and distribution segment.