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Bangchak Sriracha PCL (BKK:BSRC) Cyclically Adjusted PB Ratio : 1.18 (As of Jun. 01, 2024)


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What is Bangchak Sriracha PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Bangchak Sriracha PCL's current share price is ฿8.85. Bangchak Sriracha PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿7.47. Bangchak Sriracha PCL's Cyclically Adjusted PB Ratio for today is 1.18.

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

BKK:BSRC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.26   Max: 3.02
Current: 1.1

During the past years, Bangchak Sriracha PCL's highest Cyclically Adjusted PB Ratio was 3.02. The lowest was 0.55. And the median was 1.26.

BKK:BSRC's Cyclically Adjusted PB Ratio is ranked worse than
52.86% of 823 companies
in the Oil & Gas industry
Industry Median: 1 vs BKK:BSRC: 1.10

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.

Bangchak Sriracha PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿8.484. 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 ฿7.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangchak Sriracha PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bangchak Sriracha 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.

Bangchak Sriracha PCL Cyclically Adjusted PB Ratio Chart

Bangchak Sriracha 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 1.23 1.10 1.08 1.76 1.16

Bangchak Sriracha 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 1.20 1.34 1.16 1.35

Competitive Comparison of Bangchak Sriracha PCL's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Bangchak Sriracha 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.


Bangchak Sriracha PCL's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bangchak Sriracha PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bangchak Sriracha 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.85/7.47
=1.18

* 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.

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

For example, Bangchak Sriracha 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)
=8.484/131.7762*131.7762
=8.484

Current CPI (Mar. 2024) = 131.7762.

Bangchak Sriracha PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.211 100.560 8.139
201409 5.403 100.428 7.090
201412 3.442 99.070 4.578
201503 3.337 99.621 4.414
201506 4.293 100.684 5.619
201509 3.802 100.392 4.991
201512 3.976 99.792 5.250
201603 4.558 100.470 5.978
201606 5.381 101.688 6.973
201609 5.274 101.861 6.823
201612 5.994 101.863 7.754
201703 6.458 102.862 8.273
201706 6.457 103.349 8.233
201709 7.370 104.136 9.326
201712 8.141 104.011 10.314
201803 8.305 105.290 10.394
201806 8.086 106.317 10.022
201809 8.233 106.507 10.186
201812 7.462 105.998 9.277
201903 7.782 107.251 9.562
201906 7.419 108.070 9.046
201909 7.019 108.329 8.538
201912 6.389 108.420 7.765
202003 4.451 108.902 5.386
202006 3.773 108.767 4.571
202009 3.879 109.815 4.655
202012 4.147 109.897 4.973
202103 4.986 111.754 5.879
202106 5.240 114.631 6.024
202109 5.269 115.734 5.999
202112 5.548 117.630 6.215
202203 7.255 121.301 7.882
202206 9.684 125.017 10.208
202209 8.314 125.227 8.749
202212 7.858 125.222 8.269
202303 8.094 127.348 8.375
202306 7.415 128.729 7.591
202309 8.692 129.860 8.820
202312 8.078 129.419 8.225
202403 8.484 131.776 8.484

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.


Bangchak Sriracha PCL  (BKK:BSRC) 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.


Bangchak Sriracha PCL Cyclically Adjusted PB Ratio Related Terms

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


Bangchak Sriracha PCL (BKK:BSRC) Business Description

Industry
Traded in Other Exchanges
Address
3195/17-29 Rama IV Road, Klongton, Klong Toey District, Bangkok, THA, 10110
Bangchak Sriracha PCL Formerly Esso Thailand PCL is engaged in the refining and marketing of petroleum products, including a network of retail service stations. The company operates a refinery and chemical manufacturing plant in Sriracha, Thailand. It also operates distribution facilities and oil terminals throughout Thailand. Its products are sold through a network of retail service stations, directly to industrial customers, and through export. It is involved in the sale of chemical products to both domestic and overseas customers. Its products include Refined petroleum products, Lubricants and specialities, and Aromatics and chemicals. Its segments are Downstream which includes the refining and marketing of petroleum products and Petrochemicals.

Bangchak Sriracha PCL (BKK:BSRC) Headlines

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