GURUFOCUS.COM » STOCK LIST » Technology » Hardware » KCE Electronics PCL (BKK:KCE) » Definitions » Cyclically Adjusted PB Ratio

KCE Electronics PCL (BKK:KCE) Cyclically Adjusted PB Ratio : 3.74 (As of May. 27, 2024)


View and export this data going back to 1988. Start your Free Trial

What is KCE Electronics PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-27), KCE Electronics PCL's current share price is ฿41.75. KCE Electronics PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿11.17. KCE Electronics PCL's Cyclically Adjusted PB Ratio for today is 3.74.

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

BKK:KCE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.99   Med: 5.12   Max: 11.34
Current: 3.74

During the past years, KCE Electronics PCL's highest Cyclically Adjusted PB Ratio was 11.34. The lowest was 1.99. And the median was 5.12.

BKK:KCE's Cyclically Adjusted PB Ratio is ranked worse than
80% of 1875 companies
in the Hardware industry
Industry Median: 1.66 vs BKK:KCE: 3.74

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.

KCE Electronics PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿12.033. 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 ฿11.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KCE Electronics PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KCE Electronics 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.

KCE Electronics PCL Cyclically Adjusted PB Ratio Chart

KCE Electronics 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 3.78 5.72 10.31 4.73 5.08

KCE Electronics 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 4.45 3.73 5.17 5.08 3.56

Competitive Comparison of KCE Electronics PCL's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, KCE Electronics 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.


KCE Electronics PCL's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, KCE Electronics PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KCE Electronics 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.

KCE Electronics PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.75/11.17
=3.74

* 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.

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

For example, KCE Electronics 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)
=12.033/131.7762*131.7762
=12.033

Current CPI (Mar. 2024) = 131.7762.

KCE Electronics PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.642 100.560 6.083
201409 5.105 100.428 6.699
201412 5.624 99.070 7.481
201503 6.076 99.621 8.037
201506 6.190 100.684 8.102
201509 6.450 100.392 8.466
201512 7.023 99.792 9.274
201603 7.674 100.470 10.065
201606 7.755 101.688 10.050
201609 7.926 101.861 10.254
201612 8.523 101.863 11.026
201703 9.083 102.862 11.636
201706 9.102 103.349 11.606
201709 9.069 104.136 11.476
201712 9.574 104.011 12.130
201803 10.010 105.290 12.528
201806 9.952 106.317 12.335
201809 9.872 106.507 12.214
201812 10.190 105.998 12.668
201903 10.417 107.251 12.799
201906 9.989 108.070 12.180
201909 9.805 108.329 11.927
201912 9.987 108.420 12.138
202003 10.366 108.902 12.543
202006 10.018 108.767 12.137
202009 9.839 109.815 11.807
202012 10.195 109.897 12.225
202103 10.656 111.754 12.565
202106 10.801 114.631 12.416
202109 10.731 115.734 12.218
202112 11.324 117.630 12.686
202203 11.824 121.301 12.845
202206 11.322 125.017 11.934
202209 10.895 125.227 11.465
202212 11.328 125.222 11.921
202303 11.619 127.348 12.023
202306 11.346 128.729 11.615
202309 11.192 129.860 11.357
202312 11.580 129.419 11.791
202403 12.033 131.776 12.033

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.


KCE Electronics PCL  (BKK:KCE) 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.


KCE Electronics PCL Cyclically Adjusted PB Ratio Related Terms

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


KCE Electronics PCL (BKK:KCE) Business Description

Industry
Traded in Other Exchanges
Address
No. 72-72/1-3 Soi Chalongkrung 31, Kwang Lumplatew, Khet Lat Krabang, Bangkok, THA, 10520
KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns most of its revenue internationally. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of the company's revenue is earned in Europe.

KCE Electronics PCL (BKK:KCE) Headlines