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Asphere Innovations PCL (BKK:AS) Cyclically Adjusted PB Ratio : 4.31 (As of May. 07, 2024)


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What is Asphere Innovations PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-07), Asphere Innovations PCL's current share price is ฿5.60. Asphere Innovations PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿1.30. Asphere Innovations PCL's Cyclically Adjusted PB Ratio for today is 4.31.

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

BKK:AS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 4.1   Max: 16.07
Current: 4.29

During the past years, Asphere Innovations PCL's highest Cyclically Adjusted PB Ratio was 16.07. The lowest was 0.29. And the median was 4.10.

BKK:AS's Cyclically Adjusted PB Ratio is ranked worse than
80.69% of 290 companies
in the Interactive Media industry
Industry Median: 1.65 vs BKK:AS: 4.29

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.

Asphere Innovations PCL's adjusted book value per share data for the three months ended in Dec. 2023 was ฿1.850. 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 ฿1.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asphere Innovations PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asphere Innovations 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.

Asphere Innovations PCL Cyclically Adjusted PB Ratio Chart

Asphere Innovations 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 0.58 3.12 13.36 11.49 5.82

Asphere Innovations PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.49 9.19 8.27 6.42 5.82

Competitive Comparison of Asphere Innovations PCL's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Asphere Innovations 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.


Asphere Innovations PCL's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Asphere Innovations PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Asphere Innovations 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.60/1.3
=4.31

* 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.

Asphere Innovations PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Asphere Innovations PCL's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.85/129.4194*129.4194
=1.850

Current CPI (Dec. 2023) = 129.4194.

Asphere Innovations PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.153 99.695 4.093
201406 2.889 100.560 3.718
201409 2.647 100.428 3.411
201412 1.959 99.070 2.559
201503 1.915 99.621 2.488
201506 1.810 100.684 2.327
201509 1.514 100.392 1.952
201512 0.628 99.792 0.814
201603 0.519 100.470 0.669
201606 0.375 101.688 0.477
201609 0.213 101.861 0.271
201612 0.274 101.863 0.348
201703 0.298 102.862 0.375
201706 0.249 103.349 0.312
201709 0.262 104.136 0.326
201712 0.317 104.011 0.394
201803 0.317 105.290 0.390
201806 0.269 106.317 0.327
201809 0.242 106.507 0.294
201812 0.306 105.998 0.374
201903 0.139 107.251 0.168
201906 0.189 108.070 0.226
201909 0.278 108.329 0.332
201912 0.309 108.420 0.369
202003 0.362 108.902 0.430
202006 0.642 108.767 0.764
202009 0.907 109.815 1.069
202012 1.070 109.897 1.260
202103 1.327 111.754 1.537
202106 1.348 114.631 1.522
202109 1.281 115.734 1.432
202112 1.741 117.630 1.915
202203 1.954 121.301 2.085
202206 1.892 125.017 1.959
202209 1.761 125.227 1.820
202212 1.901 125.222 1.965
202303 1.995 127.348 2.027
202306 1.728 128.729 1.737
202309 1.815 129.860 1.809
202312 1.850 129.419 1.850

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.


Asphere Innovations PCL  (BKK:AS) 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.


Asphere Innovations PCL Cyclically Adjusted PB Ratio Related Terms

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


Asphere Innovations PCL (BKK:AS) Business Description

Traded in Other Exchanges
Address
Rama 9 Road, 51 Major Tower Rama 9 - Ramkhamhaeng 18th Floor, Room No. 3-8, Hua Mak, Bangkapi, Bangkok, THA, 10240
Asphere Innovations PCL is engaged in providing online game services. It operates in two segments: Online game segment, which provides online game services through the internet that perform based on the agreement of the publisher with the game developer; and The distribution segment is a business that provides payment channel services. Nearly all of its revenue comes from the Online game segment. Some of the games offered by the company include Audition Online, Crossout, Elsword, Mission Against Terror 2, Mosiang Online, Perfect World, RF Online, Wulin Online, HuangYi Mobile, Real Yulgang Mobile, and Tales of Fairy Empire. Its geographical segments include Thailand, Singapore, Malaysia, the Philippines, and other countries.

Asphere Innovations PCL (BKK:AS) Headlines

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