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AKS PCL (BKK:AKS) Cyclically Adjusted PB Ratio : 0.07 (As of Jun. 10, 2024)


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What is AKS PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-10), AKS PCL's current share price is ฿0.01. AKS PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.15. AKS PCL's Cyclically Adjusted PB Ratio for today is 0.07.

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

BKK:AKS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.17
Current: 0.07

During the past years, AKS PCL's highest Cyclically Adjusted PB Ratio was 0.17. The lowest was 0.02. And the median was 0.05.

BKK:AKS's Cyclically Adjusted PB Ratio is ranked better than
94.42% of 1397 companies
in the Real Estate industry
Industry Median: 0.7 vs BKK:AKS: 0.07

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.

AKS PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿0.028. 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 ฿0.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AKS PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AKS 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.

AKS PCL Cyclically Adjusted PB Ratio Chart

AKS 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 0.02 0.02 0.08 0.08 0.06

AKS 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 0.09 0.05 0.05 0.06 0.07

Competitive Comparison of AKS PCL's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, AKS 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.


AKS PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



AKS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.01/0.15
=0.07

* 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.

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

For example, AKS 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)
=0.028/131.7762*131.7762
=0.028

Current CPI (Mar. 2024) = 131.7762.

AKS PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.623 100.560 0.816
201409 0.536 100.428 0.703
201412 0.463 99.070 0.616
201503 0.471 99.621 0.623
201506 0.000 100.684 0.000
201509 0.346 100.392 0.454
201512 0.296 99.792 0.391
201603 0.289 100.470 0.379
201606 0.288 101.688 0.373
201609 0.282 101.861 0.365
201612 0.014 101.863 0.018
201703 0.010 102.862 0.013
201706 0.006 103.349 0.008
201709 0.041 104.136 0.052
201712 0.040 104.011 0.051
201803 0.040 105.290 0.050
201806 0.041 106.317 0.051
201809 0.040 106.507 0.049
201812 0.041 105.998 0.051
201903 0.040 107.251 0.049
201906 0.040 108.070 0.049
201909 0.039 108.329 0.047
201912 0.039 108.420 0.047
202003 0.038 108.902 0.046
202006 0.037 108.767 0.045
202009 0.036 109.815 0.043
202012 0.035 109.897 0.042
202103 0.034 111.754 0.040
202106 0.030 114.631 0.034
202109 0.030 115.734 0.034
202112 0.029 117.630 0.032
202203 0.031 121.301 0.034
202206 0.030 125.017 0.032
202209 0.031 125.227 0.033
202212 0.031 125.222 0.033
202303 0.030 127.348 0.031
202306 0.030 128.729 0.031
202309 0.030 129.860 0.030
202312 0.028 129.419 0.029
202403 0.028 131.776 0.028

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.


AKS PCL  (BKK:AKS) 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.


AKS PCL Cyclically Adjusted PB Ratio Related Terms

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


AKS PCL (BKK:AKS) Business Description

Industry
Traded in Other Exchanges
Address
No. 102 Rimklong Bangkapi Road, Bangkapi Subdistrict, Huai Khwang District, Bangkok, THA, 10310
AKS Corp PCL is engaged in property development and sales. The company's segments include Property development low rise; Property development high rise; and Management Services. The majority of its revenue is derived from the Property development low-rise segment with all of the operations in Thailand.