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Green Resources PCL (BKK:GREEN) Cyclically Adjusted PB Ratio : 1.06 (As of May. 18, 2024)


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What is Green Resources PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Green Resources PCL's current share price is ฿1.21. Green Resources PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿1.14. Green Resources PCL's Cyclically Adjusted PB Ratio for today is 1.06.

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

BKK:GREEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.89   Max: 1.79
Current: 1.11

During the past years, Green Resources PCL's highest Cyclically Adjusted PB Ratio was 1.79. The lowest was 0.43. And the median was 0.89.

BKK:GREEN's Cyclically Adjusted PB Ratio is ranked better than
53.64% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.25 vs BKK:GREEN: 1.11

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.

Green Resources PCL's adjusted book value per share data for the three months ended in Dec. 2023 was ฿0.938. 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 ฿1.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Resources PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Green Resources 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.

Green Resources PCL Cyclically Adjusted PB Ratio Chart

Green Resources 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 0.65 0.90 1.35 1.04 0.61

Green Resources 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 1.04 1.03 0.74 0.77 0.61

Competitive Comparison of Green Resources PCL's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Green Resources 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.


Green Resources PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Resources PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Green Resources 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.

Green Resources PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.21/1.14
=1.06

* 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.

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

For example, Green Resources 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)
=0.938/129.4194*129.4194
=0.938

Current CPI (Dec. 2023) = 129.4194.

Green Resources PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.892 99.695 1.158
201406 0.826 100.560 1.063
201409 0.764 100.428 0.985
201412 0.734 99.070 0.959
201503 0.693 99.621 0.900
201506 1.291 100.684 1.659
201509 1.279 100.392 1.649
201512 1.191 99.792 1.545
201603 1.157 100.470 1.490
201606 1.062 101.688 1.352
201609 1.056 101.861 1.342
201612 0.987 101.863 1.254
201703 0.969 102.862 1.219
201706 0.960 103.349 1.202
201709 0.949 104.136 1.179
201712 0.908 104.011 1.130
201803 0.921 105.290 1.132
201806 0.922 106.317 1.122
201809 0.915 106.507 1.112
201812 0.916 105.998 1.118
201903 0.915 107.251 1.104
201906 0.910 108.070 1.090
201909 0.910 108.329 1.087
201912 0.919 108.420 1.097
202003 0.917 108.902 1.090
202006 0.922 108.767 1.097
202009 0.926 109.815 1.091
202012 0.926 109.897 1.090
202103 0.972 111.754 1.126
202106 0.991 114.631 1.119
202109 0.985 115.734 1.101
202112 0.984 117.630 1.083
202203 0.983 121.301 1.049
202206 0.962 125.017 0.996
202209 0.944 125.227 0.976
202212 0.976 125.222 1.009
202303 0.970 127.348 0.986
202306 0.948 128.729 0.953
202309 0.942 129.860 0.939
202312 0.938 129.419 0.938

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.


Green Resources PCL  (BKK:GREEN) 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.


Green Resources PCL Cyclically Adjusted PB Ratio Related Terms

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


Green Resources PCL (BKK:GREEN) Business Description

Traded in Other Exchanges
N/A
Address
405 Soi 13 Bond Street Road, Bang Pood Subdistrict, Pak Kret District, Nonthaburi, THA, 11120
Green Resources PCL is engaged in business of real estate development, generation and distribution of electricity from solar, sale of goods with installation of solar-cell systems. The company's segments include Real Estate; Rental and related services; and Energy generating from solar-cell. It derives majority of the revenue from Energy generating from solar-cell segment.

Green Resources PCL (BKK:GREEN) Headlines

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