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Haad Thip PCL (BKK:HTC) Cyclically Adjusted PB Ratio : 1.90 (As of May. 27, 2024)


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What is Haad Thip PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Haad Thip PCL's current share price is ฿16.50. Haad Thip PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿8.67. Haad Thip PCL's Cyclically Adjusted PB Ratio for today is 1.90.

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

BKK:HTC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.12   Max: 3.49
Current: 1.9

During the past years, Haad Thip PCL's highest Cyclically Adjusted PB Ratio was 3.49. The lowest was 1.34. And the median was 2.12.

BKK:HTC's Cyclically Adjusted PB Ratio is ranked better than
55.7% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.33 vs BKK:HTC: 1.90

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.

Haad Thip PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿10.229. 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 ฿8.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Haad Thip PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Haad Thip 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.

Haad Thip PCL Cyclically Adjusted PB Ratio Chart

Haad Thip 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 2.12 2.76 2.64 1.83 1.97

Haad Thip 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 2.12 2.25 1.99 1.97 1.96

Competitive Comparison of Haad Thip PCL's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Haad Thip 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.


Haad Thip PCL's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Haad Thip PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Haad Thip 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.

Haad Thip PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.50/8.67
=1.90

* 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.

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

For example, Haad Thip 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)
=10.229/131.7762*131.7762
=10.229

Current CPI (Mar. 2024) = 131.7762.

Haad Thip PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.740 100.560 4.901
201409 3.791 100.428 4.974
201412 3.840 99.070 5.108
201503 5.849 99.621 7.737
201506 5.768 100.684 7.549
201509 5.789 100.392 7.599
201512 5.898 99.792 7.788
201603 6.096 100.470 7.995
201606 6.203 101.688 8.038
201609 6.161 101.861 7.970
201612 6.207 101.863 8.030
201703 6.422 102.862 8.227
201706 6.418 103.349 8.183
201709 6.412 104.136 8.114
201712 6.689 104.011 8.475
201803 6.909 105.290 8.647
201806 6.759 106.317 8.378
201809 6.686 106.507 8.272
201812 6.807 105.998 8.462
201903 7.327 107.251 9.003
201906 7.377 108.070 8.995
201909 7.243 108.329 8.811
201912 7.252 108.420 8.814
202003 7.058 108.902 8.541
202006 7.538 108.767 9.133
202009 7.566 109.815 9.079
202012 8.585 109.897 10.294
202103 8.953 111.754 10.557
202106 8.858 114.631 10.183
202109 8.755 115.734 9.969
202112 8.979 117.630 10.059
202203 9.249 121.301 10.048
202206 9.062 125.017 9.552
202209 9.053 125.227 9.526
202212 9.336 125.222 9.825
202303 9.833 127.348 10.175
202306 9.720 128.729 9.950
202309 9.574 129.860 9.715
202312 9.775 129.419 9.953
202403 10.229 131.776 10.229

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.


Haad Thip PCL  (BKK:HTC) 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.


Haad Thip PCL Cyclically Adjusted PB Ratio Related Terms

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


Haad Thip PCL (BKK:HTC) Business Description

Traded in Other Exchanges
N/A
Address
87/1, Kanchanavanich Road, Thambol Banphru, Amphur Hadyai, Songkhla, THA, 90250
Haad Thip PCL is engaged in the manufacture and distributor of soft drinks. The company has been granted a franchise by Coca-Cola in the United States to be a producer and distributor of carbonated drinks under the trademarks of Coca-Cola, Fanta, and Sprite, and other non-carbonated products owned by Coca-Cola Company, such as Minute Maid Splash and Namthip Drinking Water. Its brands include Coca-Cola, Sprite, Fanta, Minute Maid, Namthip, A&W, and Aquarius. The company operates business in Segment soft drinks, Segment Consumer goods, Segment food, Segment Real estate development. The company generates majority revenue from soft drinks. The company distributes its products in the southern provinces of Thailand.

Haad Thip PCL (BKK:HTC) Headlines

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