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Dcon Products PCL (BKK:DCON) Cyclically Adjusted PB Ratio : 0.71 (As of Jun. 09, 2024)


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What is Dcon Products PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Dcon Products PCL's current share price is ฿0.37. Dcon Products PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.52. Dcon Products PCL's Cyclically Adjusted PB Ratio for today is 0.71.

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

BKK:DCON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.94   Max: 1.61
Current: 0.71

During the past years, Dcon Products PCL's highest Cyclically Adjusted PB Ratio was 1.61. The lowest was 0.64. And the median was 0.94.

BKK:DCON's Cyclically Adjusted PB Ratio is ranked better than
67.82% of 317 companies
in the Building Materials industry
Industry Median: 1.09 vs BKK:DCON: 0.71

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.

Dcon Products PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿0.512. 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 ฿0.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dcon Products PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dcon Products 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.

Dcon Products PCL Cyclically Adjusted PB Ratio Chart

Dcon Products 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 0.90 0.75 1.28 0.85 0.83

Dcon Products 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 0.93 0.82 0.92 0.83 0.83

Competitive Comparison of Dcon Products PCL's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Dcon Products 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.


Dcon Products PCL's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dcon Products PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dcon Products 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.37/0.52
=0.71

* 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.

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

For example, Dcon Products 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)
=0.512/131.7762*131.7762
=0.512

Current CPI (Mar. 2024) = 131.7762.

Dcon Products PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.295 100.560 0.387
201409 0.311 100.428 0.408
201412 0.374 99.070 0.497
201503 0.401 99.621 0.530
201506 0.292 100.684 0.382
201509 0.310 100.392 0.407
201512 0.327 99.792 0.432
201603 0.455 100.470 0.597
201606 0.424 101.688 0.549
201609 0.432 101.861 0.559
201612 0.435 101.863 0.563
201703 0.506 102.862 0.648
201706 0.455 103.349 0.580
201709 0.462 104.136 0.585
201712 0.465 104.011 0.589
201803 0.457 105.290 0.572
201806 0.421 106.317 0.522
201809 0.431 106.507 0.533
201812 0.439 105.998 0.546
201903 0.443 107.251 0.544
201906 0.432 108.070 0.527
201909 0.439 108.329 0.534
201912 0.444 108.420 0.540
202003 0.448 108.902 0.542
202006 0.436 108.767 0.528
202009 0.440 109.815 0.528
202012 0.448 109.897 0.537
202103 0.453 111.754 0.534
202106 0.449 114.631 0.516
202109 0.453 115.734 0.516
202112 0.461 117.630 0.516
202203 0.467 121.301 0.507
202206 0.462 125.017 0.487
202209 0.467 125.227 0.491
202212 0.475 125.222 0.500
202303 0.485 127.348 0.502
202306 0.485 128.729 0.496
202309 0.494 129.860 0.501
202312 0.505 129.419 0.514
202403 0.512 131.776 0.512

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.


Dcon Products PCL  (BKK:DCON) 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.


Dcon Products PCL Cyclically Adjusted PB Ratio Related Terms

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


Dcon Products PCL (BKK:DCON) Business Description

Traded in Other Exchanges
N/A
Address
Phaholyothin Road, 3300/57 Chang Tower B Building, 8th Floor, Ladyao, Bangkok, THA, 10900
Dcon Products PCL is engaged in the business of manufacturing and selling construction supplies (precast floor, concrete post, and others), sales of land and lease of real estate in Thailand. The Majority of revenue is derived from sales of construction materials. The group mainly operates in Thailand. The Company is in manufacturing a flat pre-stressed concrete plank under an international quality management system.

Dcon Products PCL (BKK:DCON) Headlines

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