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OHTL PCL (BKK:OHTL) Cyclically Adjusted PB Ratio : 4.53 (As of May. 31, 2024)


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What is OHTL PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-31), OHTL PCL's current share price is ฿410.00. OHTL PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿90.46. OHTL PCL's Cyclically Adjusted PB Ratio for today is 4.53.

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

BKK:OHTL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.78   Med: 5.43   Max: 12.83
Current: 4.6

During the past years, OHTL PCL's highest Cyclically Adjusted PB Ratio was 12.83. The lowest was 1.78. And the median was 5.43.

BKK:OHTL's Cyclically Adjusted PB Ratio is ranked worse than
84.98% of 606 companies
in the Travel & Leisure industry
Industry Median: 1.39 vs BKK:OHTL: 4.60

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.

OHTL PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿147.713. 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 ฿90.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OHTL PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OHTL 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.

OHTL PCL Cyclically Adjusted PB Ratio Chart

OHTL 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 6.11 4.79 4.38 5.91 4.77

OHTL 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 6.05 5.80 5.76 4.77 4.73

Competitive Comparison of OHTL PCL's Cyclically Adjusted PB Ratio

For the Lodging subindustry, OHTL 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.


OHTL PCL's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, OHTL PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



OHTL 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=410.00/90.46
=4.53

* 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.

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

For example, OHTL 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)
=147.713/131.7762*131.7762
=147.713

Current CPI (Mar. 2024) = 131.7762.

OHTL PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 48.270 100.560 63.254
201409 50.737 100.428 66.574
201412 54.532 99.070 72.535
201503 64.167 99.621 84.878
201506 53.275 100.684 69.727
201509 52.280 100.392 68.624
201512 51.459 99.792 67.952
201603 60.263 100.470 79.040
201606 51.750 101.688 67.062
201609 50.394 101.861 65.194
201612 48.824 101.863 63.162
201703 57.835 102.862 74.092
201706 51.173 103.349 65.249
201709 49.596 104.136 62.760
201712 50.612 104.011 64.123
201803 61.560 105.290 77.046
201806 51.510 106.317 63.845
201809 51.333 106.507 63.512
201812 52.182 105.998 64.872
201903 52.742 107.251 64.803
201906 32.677 108.070 39.845
201909 21.823 108.329 26.546
201912 17.470 108.420 21.233
202003 8.604 108.902 10.411
202006 155.789 108.767 188.745
202009 145.836 109.815 175.001
202012 140.659 109.897 168.663
202103 130.594 111.754 153.991
202106 119.485 114.631 137.356
202109 107.993 115.734 122.962
202112 103.266 117.630 115.685
202203 96.092 121.301 104.390
202206 92.538 125.017 97.541
202209 91.902 125.227 96.709
202212 110.182 125.222 115.949
202303 118.626 127.348 122.751
202306 129.439 128.729 132.503
202309 130.578 129.860 132.505
202312 137.039 129.419 139.535
202403 147.713 131.776 147.713

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.


OHTL PCL  (BKK:OHTL) 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.


OHTL PCL Cyclically Adjusted PB Ratio Related Terms

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


OHTL PCL (BKK:OHTL) Business Description

Traded in Other Exchanges
N/A
Address
Charoenkrung Road, 48 Oriental Avenue, Soi Burapa, Bangrak, Bangkok, THA, 10500
OHTL PCL is engaged in lodging service. It owns and operates hotels and restaurants. The hotel provides accommodations, restaurants, banquet rooms, and other facilities. The company has three business segments, namely Hotel operation, Food & beverage and Outside shop. It also provides laundry services and manages confectionery shops. Majority of revenue is generated from Outside shops.

OHTL PCL (BKK:OHTL) Headlines

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