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Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Cyclically Adjusted PB Ratio : 0.39 (As of Jun. 07, 2024)


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What is Kiang Huat Sea Gull Trading Frozen Food PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Kiang Huat Sea Gull Trading Frozen Food PCL's current share price is ฿67.00. Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿170.68. Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted PB Ratio for today is 0.39.

The historical rank and industry rank for Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:CHOTI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.7   Max: 1.08
Current: 0.39

During the past years, Kiang Huat Sea Gull Trading Frozen Food PCL's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.27. And the median was 0.70.

BKK:CHOTI's Cyclically Adjusted PB Ratio is ranked better than
88.08% of 1351 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs BKK:CHOTI: 0.39

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.

Kiang Huat Sea Gull Trading Frozen Food PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿127.465. 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 ฿170.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kiang Huat Sea Gull Trading Frozen Food PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kiang Huat Sea Gull Trading Frozen Food 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.

Kiang Huat Sea Gull Trading Frozen Food PCL Cyclically Adjusted PB Ratio Chart

Kiang Huat Sea Gull Trading Frozen Food 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 0.44 0.39 0.72 1.03 0.69

Kiang Huat Sea Gull Trading Frozen Food 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 0.84 0.67 0.75 0.69 0.54

Competitive Comparison of Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Kiang Huat Sea Gull Trading Frozen Food 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.


Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted PB Ratio falls into.



Kiang Huat Sea Gull Trading Frozen Food 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.

Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=67.00/170.68
=0.39

* 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.

Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kiang Huat Sea Gull Trading Frozen Food 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)
=127.465/131.7762*131.7762
=127.465

Current CPI (Mar. 2024) = 131.7762.

Kiang Huat Sea Gull Trading Frozen Food PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 158.043 100.560 207.104
201409 162.113 100.428 212.716
201412 163.409 99.070 217.356
201503 151.707 99.621 200.674
201506 152.170 100.684 199.162
201509 156.665 100.392 205.642
201512 163.794 99.792 216.291
201603 165.107 100.470 216.553
201606 166.176 101.688 215.345
201609 169.573 101.861 219.374
201612 175.167 101.863 226.607
201703 175.010 102.862 224.204
201706 159.456 103.349 203.316
201709 156.201 104.136 197.661
201712 160.978 104.011 203.950
201803 152.517 105.290 190.884
201806 154.012 106.317 190.893
201809 157.942 106.507 195.415
201812 151.156 105.998 187.917
201903 145.527 107.251 178.806
201906 138.036 108.070 168.316
201909 129.846 108.329 157.950
201912 127.388 108.420 154.830
202003 127.340 108.902 154.088
202006 122.077 108.767 147.901
202009 117.218 109.815 140.660
202012 108.052 109.897 129.564
202103 101.065 111.754 119.172
202106 103.656 114.631 119.159
202109 111.411 115.734 126.854
202112 115.149 117.630 128.997
202203 114.897 121.301 124.819
202206 117.736 125.017 124.102
202209 129.269 125.227 136.030
202212 125.855 125.222 132.443
202303 120.527 127.348 124.718
202306 131.422 128.729 134.533
202309 131.866 129.860 133.812
202312 129.691 129.419 132.053
202403 127.465 131.776 127.465

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.


Kiang Huat Sea Gull Trading Frozen Food PCL  (BKK:CHOTI) 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.


Kiang Huat Sea Gull Trading Frozen Food PCL Cyclically Adjusted PB Ratio Related Terms

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Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Business Description

Traded in Other Exchanges
N/A
Address
4/2 Moo 3, Asia 43 Road, Tambol Namom, Amphur Namom, Songkhla, THA, 90310
Kiang Huat Sea Gull Trading Frozen Food PCL is engaged in the frozen seafood manufacturing business. The production processes include beheading, peeling, sizing, weighing, arranging, cooking, value-added processing, and freezing and packing. The company produces a wide variety of block, vacuum-packed items such as Raw and cooked head-on, Headless and peeled shrimps, Extended shrimps (nobashi), Cooked tail-on butterfly shrimps (sushi), Breaded shrimps (panko), Easily peeled shrimps, Slipper lobster tail, and Meat. The organization sells its products under its own brands which are Sea Kin, Sea Champion, Eagle, Sea Queen, Sea Flower, and Blue Gulf. The group sells its products in Asia, Europe, America, Africa, and Thailand, of which key revenue is generated from Asia.

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