GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Bangkok Insurance PCL (BKK:BKI-R) » Definitions » Cyclically Adjusted PB Ratio

Bangkok Insurance PCL (BKK:BKI-R) Cyclically Adjusted PB Ratio : 0.81 (As of May. 20, 2024)


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

What is Bangkok Insurance PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Bangkok Insurance PCL's current share price is ฿304.63636. Bangkok Insurance PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿377.46. Bangkok Insurance PCL's Cyclically Adjusted PB Ratio for today is 0.81.

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

BKK:BKI-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 0.93   Max: 1.59
Current: 0.78

During the past years, Bangkok Insurance PCL's highest Cyclically Adjusted PB Ratio was 1.59. The lowest was 0.78. And the median was 0.93.

BKK:BKI-R's Cyclically Adjusted PB Ratio is ranked better than
69.88% of 415 companies
in the Insurance industry
Industry Median: 1.19 vs BKK:BKI-R: 0.78

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.

Bangkok Insurance PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿314.206. 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 ฿377.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Insurance PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bangkok Insurance 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.

Bangkok Insurance PCL Cyclically Adjusted PB Ratio Chart

Bangkok Insurance 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 1.06 0.96 0.84 0.81 0.85

Bangkok Insurance 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 0.84 0.86 0.88 0.85 0.81

Competitive Comparison of Bangkok Insurance PCL's Cyclically Adjusted PB Ratio

For the Insurance - Property & Casualty subindustry, Bangkok Insurance 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.


Bangkok Insurance PCL's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Bangkok Insurance PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bangkok Insurance 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=304.63636/377.46
=0.81

* 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.

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

For example, Bangkok Insurance 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)
=314.206/131.7762*131.7762
=314.206

Current CPI (Mar. 2024) = 131.7762.

Bangkok Insurance PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 245.910 100.560 322.248
201409 269.305 100.428 353.368
201412 262.716 99.070 349.448
201503 278.419 99.621 368.285
201506 303.229 100.684 396.869
201509 325.664 100.392 427.474
201512 323.623 99.792 427.345
201603 327.369 100.470 429.375
201606 299.476 101.688 388.087
201609 303.121 101.861 392.144
201612 312.330 101.863 404.050
201703 324.305 102.862 415.465
201706 310.915 103.349 396.435
201709 349.358 104.136 442.088
201712 330.097 104.011 418.214
201803 351.539 105.290 439.972
201806 306.955 106.317 380.461
201809 334.465 106.507 413.819
201812 327.560 105.998 407.221
201903 331.430 107.251 407.220
201906 320.971 108.070 391.381
201909 281.141 108.329 341.991
201912 291.379 108.420 354.149
202003 261.946 108.902 316.968
202006 271.898 108.767 329.416
202009 255.560 109.815 306.668
202012 284.992 109.897 341.731
202103 314.769 111.754 371.163
202106 305.793 114.631 351.529
202109 303.464 115.734 345.527
202112 308.238 117.630 345.308
202203 289.279 121.301 314.260
202206 279.079 125.017 294.168
202209 309.901 125.227 326.110
202212 302.080 125.222 317.892
202303 317.811 127.348 328.863
202306 316.209 128.729 323.695
202309 352.033 129.860 357.229
202312 313.026 129.419 318.726
202403 314.206 131.776 314.206

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.


Bangkok Insurance PCL  (BKK:BKI-R) 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.


Bangkok Insurance PCL Cyclically Adjusted PB Ratio Related Terms

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


Bangkok Insurance PCL (BKK:BKI-R) Business Description

Traded in Other Exchanges
Address
South Sathon Road, No. 25 Bangkok Insurance Building, Tung Ma Ha Mek, Sathon, Bangkok, THA, 10120
Bangkok Insurance PCL is principally engaged in the provision of non-life insurance. The company's operating business consists of Fire, Marine and transportation, Motor, and Miscellaneous segments. The company operates only in Thailand.

Bangkok Insurance PCL (BKK:BKI-R) Headlines

No Headlines