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CK Power PCL (BKK:CKP) Cyclically Adjusted PB Ratio : 1.25 (As of May. 26, 2024)


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What is CK Power PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-26), CK Power PCL's current share price is ฿4.00. CK Power PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿3.20. CK Power PCL's Cyclically Adjusted PB Ratio for today is 1.25.

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

BKK:CKP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.55   Max: 2.04
Current: 1.25

During the past years, CK Power PCL's highest Cyclically Adjusted PB Ratio was 2.04. The lowest was 1.00. And the median was 1.55.

BKK:CKP's Cyclically Adjusted PB Ratio is ranked better than
50.19% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.22 vs BKK:CKP: 1.25

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.

CK Power PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿3.236. 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 ฿3.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CK Power PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CK Power 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.

CK Power PCL Cyclically Adjusted PB Ratio Chart

CK Power 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 - - 1.82 1.54 1.04

CK Power 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 1.37 1.13 1.04 1.04 1.28

Competitive Comparison of CK Power PCL's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, CK Power 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.


CK Power PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CK Power PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CK Power 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.00/3.2
=1.25

* 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.

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

For example, CK Power 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)
=3.236/131.7762*131.7762
=3.236

Current CPI (Mar. 2024) = 131.7762.

CK Power PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.045 100.560 2.680
201409 2.064 100.428 2.708
201412 2.093 99.070 2.784
201503 2.112 99.621 2.794
201506 2.406 100.684 3.149
201509 2.375 100.392 3.117
201512 2.409 99.792 3.181
201603 2.407 100.470 3.157
201606 2.389 101.688 3.096
201609 2.418 101.861 3.128
201612 2.408 101.863 3.115
201703 2.419 102.862 3.099
201706 2.361 103.349 3.010
201709 2.392 104.136 3.027
201712 2.408 104.011 3.051
201803 2.431 105.290 3.043
201806 2.417 106.317 2.996
201809 2.476 106.507 3.063
201812 2.488 105.998 3.093
201903 2.502 107.251 3.074
201906 2.984 108.070 3.639
201909 2.890 108.329 3.516
201912 2.897 108.420 3.521
202003 2.769 108.902 3.351
202006 2.785 108.767 3.374
202009 2.867 109.815 3.440
202012 2.925 109.897 3.507
202103 2.900 111.754 3.420
202106 2.929 114.631 3.367
202109 3.016 115.734 3.434
202112 3.055 117.630 3.422
202203 3.079 121.301 3.345
202206 3.044 125.017 3.209
202209 3.149 125.227 3.314
202212 3.266 125.222 3.437
202303 3.265 127.348 3.379
202306 3.133 128.729 3.207
202309 3.226 129.860 3.274
202312 3.354 129.419 3.415
202403 3.236 131.776 3.236

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.


CK Power PCL  (BKK:CKP) 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.


CK Power PCL Cyclically Adjusted PB Ratio Related Terms

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


CK Power PCL (BKK:CKP) Business Description

Traded in Other Exchanges
N/A
Address
Sutthisarn Road, No. 587 Viriyathavorn Building, 19th Floor, Kwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CK Power PCL is a Thai electric utility company. The company's operating segment includes Generation of electricity from hydroelectric power, Generation of electricity from solar power and Generation of electricity from thermal power. It generates maximum revenue from the Generation of electricity from the thermal power segment.