GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Of Ayudhya PCL (OTCPK:BKAHF) » Definitions » Cyclically Adjusted PB Ratio

Bank Of Ayudhya PCL (Bank Of Ayudhya PCL) Cyclically Adjusted PB Ratio : 0.55 (As of Jun. 08, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Bank Of Ayudhya PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Bank Of Ayudhya PCL's current share price is $0.6624. Bank Of Ayudhya PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.20. Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio for today is 0.55.

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

BKAHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.07   Max: 2.19
Current: 0.61

During the past years, Bank Of Ayudhya PCL's highest Cyclically Adjusted PB Ratio was 2.19. The lowest was 0.61. And the median was 1.07.

BKAHF's Cyclically Adjusted PB Ratio is ranked better than
74.71% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs BKAHF: 0.61

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.

Bank Of Ayudhya PCL's adjusted book value per share data for the three months ended in Mar. 2024 was $1.432. 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 $1.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Of Ayudhya PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank Of Ayudhya 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.

Bank Of Ayudhya PCL Cyclically Adjusted PB Ratio Chart

Bank Of Ayudhya 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 1.16 1.11 1.09 0.83 0.70

Bank Of Ayudhya 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 0.76 0.79 0.78 0.70 0.64

Competitive Comparison of Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bank Of Ayudhya 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.


Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bank Of Ayudhya 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.

Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.6624/1.2
=0.55

* 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.

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

For example, Bank Of Ayudhya 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)
=1.432/131.7762*131.7762
=1.432

Current CPI (Mar. 2024) = 131.7762.

Bank Of Ayudhya PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.641 100.560 0.840
201409 0.655 100.428 0.859
201412 0.657 99.070 0.874
201503 0.759 99.621 1.004
201506 0.741 100.684 0.970
201509 0.700 100.392 0.919
201512 0.719 99.792 0.949
201603 0.757 100.470 0.993
201606 0.763 101.688 0.989
201609 0.796 101.861 1.030
201612 0.791 101.863 1.023
201703 0.833 102.862 1.067
201706 0.865 103.349 1.103
201709 0.899 104.136 1.138
201712 0.938 104.011 1.188
201803 1.005 105.290 1.258
201806 0.978 106.317 1.212
201809 0.988 106.507 1.222
201812 1.009 105.998 1.254
201903 1.095 107.251 1.345
201906 1.132 108.070 1.380
201909 1.168 108.329 1.421
201912 1.219 108.420 1.482
202003 1.151 108.902 1.393
202006 1.216 108.767 1.473
202009 1.232 109.815 1.478
202012 1.300 109.897 1.559
202103 1.301 111.754 1.534
202106 1.325 114.631 1.523
202109 1.275 115.734 1.452
202112 1.286 117.630 1.441
202203 1.325 121.301 1.439
202206 1.274 125.017 1.343
202209 1.222 125.227 1.286
202212 1.333 125.222 1.403
202303 1.377 127.348 1.425
202306 1.384 128.729 1.417
202309 1.369 129.860 1.389
202312 1.432 129.419 1.458
202403 1.432 131.776 1.432

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.


Bank Of Ayudhya PCL  (OTCPK:BKAHF) 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.


Bank Of Ayudhya PCL Cyclically Adjusted PB Ratio Related Terms

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


Bank Of Ayudhya PCL (Bank Of Ayudhya PCL) Business Description

Traded in Other Exchanges
Address
1222 Rama III Road, Bang Phongphang Subdistrict, Yannawa District, Bangkok, THA, 10120
Bank Of Ayudhya PCL is a full-service universal bank commonly referred to as Krunsgri, operating mostly in Thailand, and with some exposure to other Asian countries. The bank's operations include commercial banking, retail banking, and other financial services, such as wealth management, credit cards, insurance, asset management, securities trading, auto hire purchases, equipment leasing, factoring, microfinance, and instalment loans. Its segments include Retail, Commercial and Others.

Bank Of Ayudhya PCL (Bank Of Ayudhya PCL) Headlines

No Headlines