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VGI PCL (BKK:VGI) Cyclically Adjusted PB Ratio : 0.93 (As of Jun. 09, 2024)


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What is VGI PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-09), VGI PCL's current share price is ฿1.39. VGI PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.50. VGI PCL's Cyclically Adjusted PB Ratio for today is 0.93.

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

BKK:VGI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 4.11   Max: 11.42
Current: 1.05

During the past years, VGI PCL's highest Cyclically Adjusted PB Ratio was 11.42. The lowest was 0.99. And the median was 4.11.

BKK:VGI's Cyclically Adjusted PB Ratio is ranked worse than
52.11% of 451 companies
in the Conglomerates industry
Industry Median: 0.97 vs BKK:VGI: 1.05

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.

VGI PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿2.080. 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 ฿1.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VGI PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for VGI 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.

VGI PCL Cyclically Adjusted PB Ratio Chart

VGI PCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 9.09 5.17 3.09 1.11

VGI 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 3.09 2.28 1.69 1.35 1.11

Competitive Comparison of VGI PCL's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, VGI 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.


VGI PCL's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, VGI PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



VGI 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.39/1.5
=0.93

* 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.

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

For example, VGI 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)
=2.08/131.7762*131.7762
=2.080

Current CPI (Mar. 2024) = 131.7762.

VGI PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.309 100.560 0.405
201409 0.284 100.428 0.373
201412 0.326 99.070 0.434
201503 0.256 99.621 0.339
201506 0.289 100.684 0.378
201509 0.301 100.392 0.395
201512 0.334 99.792 0.441
201603 0.314 100.470 0.412
201606 0.357 101.688 0.463
201609 0.327 101.861 0.423
201612 0.360 101.863 0.466
201703 0.260 102.862 0.333
201706 0.284 103.349 0.362
201709 0.299 104.136 0.378
201712 0.579 104.011 0.734
201803 0.590 105.290 0.738
201806 1.564 106.317 1.939
201809 1.549 106.507 1.917
201812 1.555 105.998 1.933
201903 1.536 107.251 1.887
201906 1.668 108.070 2.034
201909 1.757 108.329 2.137
201912 1.723 108.420 2.094
202003 1.425 108.902 1.724
202006 1.621 108.767 1.964
202009 1.612 109.815 1.934
202012 1.731 109.897 2.076
202103 1.850 111.754 2.181
202106 1.773 114.631 2.038
202109 1.723 115.734 1.962
202112 1.816 117.630 2.034
202203 3.248 121.301 3.528
202206 2.477 125.017 2.611
202209 2.483 125.227 2.613
202212 2.521 125.222 2.653
202303 2.513 127.348 2.600
202306 2.457 128.729 2.515
202309 2.434 129.860 2.470
202312 2.085 129.419 2.123
202403 2.080 131.776 2.080

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.


VGI PCL  (BKK:VGI) 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.


VGI PCL Cyclically Adjusted PB Ratio Related Terms

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


VGI PCL (BKK:VGI) Business Description

Industry
Traded in Other Exchanges
Address
21 Viphavadi-Rangsit Road, 9th Floor, TST Tower, Chomphon, Chatuchak, Bangkok, THA, 10900
VGI PCL is a marketing and advertising company. The company's segment include Transit; Digital services; Distribution and other. It generates maximum revenue from the Transit segment. Transit segment incldues provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, on BTS Column and the rental of retail space at BTS stations.