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Laguna Resorts & Hotels PCL (BKK:LRH-R) Cyclically Adjusted PB Ratio : 0.50 (As of May. 21, 2024)


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What is Laguna Resorts & Hotels PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Laguna Resorts & Hotels PCL's current share price is ฿37.75. Laguna Resorts & Hotels PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿75.78. Laguna Resorts & Hotels PCL's Cyclically Adjusted PB Ratio for today is 0.50.

The historical rank and industry rank for Laguna Resorts & Hotels PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:LRH-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.42   Max: 0.8
Current: 0.58

During the past years, Laguna Resorts & Hotels PCL's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.28. And the median was 0.42.

BKK:LRH-R's Cyclically Adjusted PB Ratio is ranked better than
73.78% of 595 companies
in the Travel & Leisure industry
Industry Median: 1.41 vs BKK:LRH-R: 0.58

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.

Laguna Resorts & Hotels PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿92.726. 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 ฿75.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Laguna Resorts & Hotels PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Laguna Resorts & Hotels 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.

Laguna Resorts & Hotels PCL Cyclically Adjusted PB Ratio Chart

Laguna Resorts & Hotels 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 0.52 0.33 0.39 0.46 0.45

Laguna Resorts & Hotels 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 0.59 0.46 0.46 0.45 0.50

Competitive Comparison of Laguna Resorts & Hotels PCL's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Laguna Resorts & Hotels 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.


Laguna Resorts & Hotels PCL's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Laguna Resorts & Hotels PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Laguna Resorts & Hotels PCL's Cyclically Adjusted PB Ratio falls into.



Laguna Resorts & Hotels 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.

Laguna Resorts & Hotels PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.75/75.78
=0.50

* 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.

Laguna Resorts & Hotels PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Laguna Resorts & Hotels 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)
=92.726/131.7762*131.7762
=92.726

Current CPI (Mar. 2024) = 131.7762.

Laguna Resorts & Hotels PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 67.226 100.560 88.095
201409 66.396 100.428 87.121
201412 66.749 99.070 88.785
201503 67.675 99.621 89.519
201506 66.856 100.684 87.502
201509 66.419 100.392 87.183
201512 68.342 99.792 90.246
201603 69.675 100.470 91.385
201606 69.043 101.688 89.472
201609 68.319 101.861 88.383
201612 74.374 101.863 96.215
201703 74.996 102.862 96.077
201706 73.875 103.349 94.195
201709 73.633 104.136 93.177
201712 74.404 104.011 94.266
201803 75.131 105.290 94.031
201806 74.469 106.317 92.302
201809 74.169 106.507 91.766
201812 74.845 105.998 93.047
201903 75.357 107.251 92.589
201906 74.418 108.070 90.743
201909 73.868 108.329 89.856
201912 72.429 108.420 88.032
202003 74.070 108.902 89.628
202006 67.764 108.767 82.099
202009 66.117 109.815 79.339
202012 63.789 109.897 76.489
202103 63.123 111.754 74.432
202106 61.524 114.631 70.726
202109 59.929 115.734 68.236
202112 58.216 117.630 65.217
202203 58.300 121.301 63.335
202206 57.371 125.017 60.473
202209 57.298 125.227 60.295
202212 58.336 125.222 61.389
202303 59.054 127.348 61.108
202306 59.148 128.729 60.548
202309 59.433 129.860 60.310
202312 90.561 129.419 92.210
202403 92.726 131.776 92.726

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.


Laguna Resorts & Hotels PCL  (BKK:LRH-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.


Laguna Resorts & Hotels PCL Cyclically Adjusted PB Ratio Related Terms

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


Laguna Resorts & Hotels PCL (BKK:LRH-R) Business Description

Traded in Other Exchanges
Address
5th and 12th Floor, South Sathorn Road, 21/9, 21/31, and 21/33, Thai Wah 1 Building, Tungmahamek, Sathorn, Bangkok, THA, 10120
Laguna Resorts & Hotels PCL is a company that engages in hotel and property development businesses. It operates through the following segments: Hotel Business segment that includes hotel and restaurant operations and other related business such as golf club and sales of merchandise; Property Development segment includes property sales and sales of holiday club memberships; Office Rental segment provides rental and service of lands and buildings for lease. The firm generates a majority of its revenue from the Hotel business segment.

Laguna Resorts & Hotels PCL (BKK:LRH-R) Headlines

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