GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Communication and System Solution PCL (BKK:CSS) » Definitions » Cyclically Adjusted PB Ratio

Communication and System Solution PCL (BKK:CSS) Cyclically Adjusted PB Ratio : 0.53 (As of May. 23, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Communication and System Solution PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Communication and System Solution PCL's current share price is ฿0.90. Communication and System Solution PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.71. Communication and System Solution PCL's Cyclically Adjusted PB Ratio for today is 0.53.

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

BKK:CSS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.85   Max: 1.29
Current: 0.53

During the past years, Communication and System Solution PCL's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.45. And the median was 0.85.

BKK:CSS's Cyclically Adjusted PB Ratio is ranked better than
85.13% of 1869 companies
in the Hardware industry
Industry Median: 1.65 vs BKK:CSS: 0.53

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.

Communication and System Solution PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿1.472. 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 ฿1.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Communication and System Solution PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Communication and System Solution 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.

Communication and System Solution PCL Cyclically Adjusted PB Ratio Chart

Communication and System Solution 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 - - 1.13 0.93 0.49

Communication and System Solution 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 0.88 0.67 0.62 0.49 0.57

Competitive Comparison of Communication and System Solution PCL's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, Communication and System Solution 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.


Communication and System Solution PCL's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Communication and System Solution PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Communication and System Solution PCL's Cyclically Adjusted PB Ratio falls into.



Communication and System Solution 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.

Communication and System Solution PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.90/1.71
=0.53

* 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.

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

For example, Communication and System Solution 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)
=1.472/131.7762*131.7762
=1.472

Current CPI (Mar. 2024) = 131.7762.

Communication and System Solution PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.234 100.560 1.617
201409 1.280 100.428 1.680
201412 1.431 99.070 1.903
201503 1.416 99.621 1.873
201506 1.493 100.684 1.954
201509 1.441 100.392 1.891
201512 1.504 99.792 1.986
201603 1.536 100.470 2.015
201606 1.386 101.688 1.796
201609 1.367 101.861 1.768
201612 1.413 101.863 1.828
201703 1.460 102.862 1.870
201706 1.397 103.349 1.781
201709 1.360 104.136 1.721
201712 1.406 104.011 1.781
201803 1.436 105.290 1.797
201806 1.375 106.317 1.704
201809 1.346 106.507 1.665
201812 1.391 105.998 1.729
201903 1.382 107.251 1.698
201906 1.309 108.070 1.596
201909 1.313 108.329 1.597
201912 1.342 108.420 1.631
202003 1.393 108.902 1.686
202006 1.388 108.767 1.682
202009 1.392 109.815 1.670
202012 1.360 109.897 1.631
202103 1.407 111.754 1.659
202106 1.408 114.631 1.619
202109 1.432 115.734 1.630
202112 1.560 117.630 1.748
202203 1.580 121.301 1.716
202206 1.523 125.017 1.605
202209 1.516 125.227 1.595
202212 1.514 125.222 1.593
202303 1.534 127.348 1.587
202306 1.503 128.729 1.539
202309 1.510 129.860 1.532
202312 1.470 129.419 1.497
202403 1.472 131.776 1.472

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.


Communication and System Solution PCL  (BKK:CSS) 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.


Communication and System Solution PCL Cyclically Adjusted PB Ratio Related Terms

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


Communication and System Solution PCL (BKK:CSS) Business Description

Traded in Other Exchanges
N/A
Address
329 Moo 3 Banmai, Pakkred, Nonthaburi, THA, 11120
Communication and System Solution PCL is a Thailand based company engaged in the distribution and installation of equipment production for electricity, water, air conditioning, and telecommunication systems. It operates in two segments the Distribution electrical equipment segment and the Installation service segment. The Distribution electrical equipment segment operates as a distributor of electrical wires and other types of electrical systems equipment, as well as passive fire protection materials. The installation service segment is engaged in the design and installation of the communication system and fire protection systems and maintenance services. It derives a majority of the revenue from the Distribution of electrical equipment.

Communication and System Solution PCL (BKK:CSS) Headlines