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ASEFA PCL (BKK:ASEFA) Cyclically Adjusted PB Ratio : 1.15 (As of Jun. 07, 2024)


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What is ASEFA PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-07), ASEFA PCL's current share price is ฿3.58. ASEFA PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ฿3.11. ASEFA PCL's Cyclically Adjusted PB Ratio for today is 1.15.

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

BKK:ASEFA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 1.25   Max: 1.28
Current: 1.17

During the past 10 years, ASEFA PCL's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 1.17. And the median was 1.25.

BKK:ASEFA's Cyclically Adjusted PB Ratio is ranked better than
68.6% of 2169 companies
in the Industrial Products industry
Industry Median: 1.89 vs BKK:ASEFA: 1.17

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.

ASEFA PCL's adjusted book value per share data of for the fiscal year that ended in Dec23 was ฿3.011. 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 ฿3.11 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASEFA PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ASEFA 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.

ASEFA PCL Cyclically Adjusted PB Ratio Chart

ASEFA PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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ASEFA 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 - - - 1.22 -

Competitive Comparison of ASEFA PCL's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, ASEFA 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.


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

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

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



ASEFA 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.58/3.11
=1.15

* 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.

ASEFA PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, ASEFA PCL's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.011/129.4194*129.4194
=3.011

Current CPI (Dec23) = 129.4194.

ASEFA PCL Annual Data

Book Value per Share CPI Adj_Book
201412 1.112 99.070 1.453
201512 2.285 99.792 2.963
201612 2.603 101.863 3.307
201712 2.741 104.011 3.411
201812 2.935 105.998 3.584
201912 2.860 108.420 3.414
202012 3.046 109.897 3.587
202112 3.000 117.630 3.301
202212 2.952 125.222 3.051
202312 3.011 129.419 3.011

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.


ASEFA PCL  (BKK:ASEFA) 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.


ASEFA PCL Cyclically Adjusted PB Ratio Related Terms

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ASEFA PCL (BKK:ASEFA) Business Description

Traded in Other Exchanges
N/A
Address
No.5 Moo 1 Rama 2 Road, Khok-krabue Subdistrict, Mueang Samut Sakhon District, Samutsakhon, THA, 74000
ASEFA PCL is a Thailand-based company. It is involved in the manufacturing and distribution of electrical power distribution, switchboard, and trunking systems. The company operates its business through segments that are Manufacturing, Trading, Services, and Decommissioning of the Power Plant. The Manufacturing segment generates maximum revenue for the company.

ASEFA PCL (BKK:ASEFA) Headlines

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