GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Saha Pathanapibul PCL (BKK:SPC) » Definitions » Cyclically Adjusted PB Ratio

Saha Pathanapibul PCL (BKK:SPC) Cyclically Adjusted PB Ratio : 0.94 (As of Jun. 09, 2024)


View and export this data going back to 1978. Start your Free Trial

What is Saha Pathanapibul PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Saha Pathanapibul PCL's current share price is ฿62.50. Saha Pathanapibul PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿66.32. Saha Pathanapibul PCL's Cyclically Adjusted PB Ratio for today is 0.94.

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

BKK:SPC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.32   Max: 1.73
Current: 0.94

During the past years, Saha Pathanapibul PCL's highest Cyclically Adjusted PB Ratio was 1.73. The lowest was 0.92. And the median was 1.32.

BKK:SPC's Cyclically Adjusted PB Ratio is ranked better than
70.48% of 227 companies
in the Retail - Defensive industry
Industry Median: 1.62 vs BKK:SPC: 0.94

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.

Saha Pathanapibul PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿81.734. 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 ฿66.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saha Pathanapibul PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Saha Pathanapibul 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.

Saha Pathanapibul PCL Cyclically Adjusted PB Ratio Chart

Saha Pathanapibul 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 1.46 1.49 1.25 1.13 0.97

Saha Pathanapibul 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 1.04 1.02 0.98 0.97 0.93

Competitive Comparison of Saha Pathanapibul PCL's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Saha Pathanapibul 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.


Saha Pathanapibul PCL's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Saha Pathanapibul PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Saha Pathanapibul 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=62.50/66.32
=0.94

* 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.

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

For example, Saha Pathanapibul 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)
=81.734/131.7762*131.7762
=81.734

Current CPI (Mar. 2024) = 131.7762.

Saha Pathanapibul PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.648 100.560 41.472
201409 33.163 100.428 43.515
201412 35.429 99.070 47.125
201503 34.930 99.621 46.204
201506 35.278 100.684 46.172
201509 35.924 100.392 47.155
201512 37.355 99.792 49.327
201603 38.147 100.470 50.033
201606 38.400 101.688 49.762
201609 39.520 101.861 51.126
201612 41.213 101.863 53.316
201703 43.544 102.862 55.784
201706 43.374 103.349 55.304
201709 46.465 104.136 58.798
201712 48.953 104.011 62.021
201803 49.969 105.290 62.539
201806 0.000 106.317 0.000
201809 51.387 106.507 63.579
201812 52.129 105.998 64.807
201903 52.686 107.251 64.734
201906 53.408 108.070 65.124
201909 54.029 108.329 65.723
201912 55.220 108.420 67.116
202003 66.529 108.902 80.503
202006 67.139 108.767 81.342
202009 67.580 109.815 81.095
202012 71.575 109.897 85.825
202103 72.412 111.754 85.385
202106 72.426 114.631 83.258
202109 73.911 115.734 84.156
202112 72.621 117.630 81.355
202203 73.189 121.301 79.509
202206 73.097 125.017 77.049
202209 74.816 125.227 78.729
202212 74.826 125.222 78.743
202303 75.776 127.348 78.411
202306 76.632 128.729 78.446
202309 77.665 129.860 78.811
202312 80.013 129.419 81.470
202403 81.734 131.776 81.734

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.


Saha Pathanapibul PCL  (BKK:SPC) 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.


Saha Pathanapibul PCL Cyclically Adjusted PB Ratio Related Terms

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


Saha Pathanapibul PCL (BKK:SPC) Business Description

Traded in Other Exchanges
N/A
Address
2156 New Petchburi Road, Bangkapi, Huaykwang, Bangkok, THA, 10310
Saha Pathanapibul PCL is a Thailand based company, engaged in the business of consumer goods distribution and property development. In addition, the company along with its subsidiaries is also involved in the business of investing in real estate and services, and office building for rent. The group generates the majority of the revenue from the sales of consumer products segment. It distributes products range which includes food, beverages, household, and personal care products. The group operates its business activities in Thailand and internationally.