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Glow Energy PCL (BKK:GLOW-R) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Glow Energy PCL Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glow Energy PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Glow Energy 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.

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Glow Energy PCL Cyclically Adjusted PB Ratio Chart

Glow Energy PCL Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Glow Energy PCL Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Glow Energy PCL's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Glow Energy 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.


Glow Energy PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Glow Energy PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Glow Energy 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.

Glow Energy PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Glow Energy PCL's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=32.404/108.3294*108.3294
=32.404

Current CPI (Sep. 2019) = 108.3294.

Glow Energy PCL Quarterly Data

Book Value per Share CPI Adj_Book
200912 21.156 91.111 25.154
201003 22.261 91.821 26.263
201006 21.946 91.962 25.852
201009 22.374 92.162 26.299
201012 23.095 92.474 27.055
201103 23.701 94.283 27.232
201106 23.138 95.235 26.320
201109 22.951 95.727 25.973
201112 23.277 95.213 26.483
201203 24.456 96.783 27.374
201206 23.614 96.819 26.421
201209 24.068 97.633 26.705
201212 24.909 96.871 27.855
201303 26.579 98.209 29.318
201306 26.157 98.518 28.762
201309 26.626 98.790 29.197
201312 27.738 98.326 30.560
201403 29.301 99.695 31.839
201406 29.315 100.560 31.580
201409 29.797 100.428 32.141
201412 30.987 99.070 33.883
201503 32.469 99.621 35.307
201506 31.866 100.684 34.286
201509 31.901 100.392 34.423
201512 33.180 99.792 36.018
201603 35.052 100.470 37.794
201606 32.576 101.688 34.704
201609 32.629 101.861 34.701
201612 33.476 101.863 35.601
201703 34.739 102.862 36.585
201706 32.371 103.349 33.931
201709 32.474 104.136 33.782
201712 33.783 104.011 35.186
201803 35.057 105.290 36.069
201806 30.983 106.317 31.570
201809 32.410 106.507 32.965
201812 33.679 105.998 34.420
201903 30.567 107.251 30.874
201906 31.207 108.070 31.282
201909 32.404 108.329 32.404

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.


Glow Energy PCL  (BKK:GLOW-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.


Glow Energy PCL Cyclically Adjusted PB Ratio Related Terms

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Glow Energy PCL (BKK:GLOW-R) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 South Sathorn Road, 38th Floor, 1 Empire Tower - Park Wing, Yannawa, Sathorn, Bangkok, THA, 10120
Glow Energy PCL is a power producing and utilities company based in Thailand. The core business is electricity generation for the Electricity Generating Authority of Thailand (EGAT) and Electricite du Laos (EDL). The company also generates and delivers electricity, steam, and processed water to industrial customers. The firm derives the majority of its revenue from electricity products and services. Glow is divided into Independent Power Producer, Cogeneration, and Renewable energy business lines. The firm operates its own production facilities. They are located in the Chonburi and Rayong provinces of Thailand and the Attapeu province of Laos.

Glow Energy PCL (BKK:GLOW-R) Headlines

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