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Wattana Karnpaet PCL (BKK:NEW) Cyclically Adjusted PB Ratio : 2.04 (As of May. 24, 2024)


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What is Wattana Karnpaet PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Wattana Karnpaet PCL's current share price is ฿88.00. Wattana Karnpaet PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿43.12. Wattana Karnpaet PCL's Cyclically Adjusted PB Ratio for today is 2.04.

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

BKK:NEW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.62   Max: 4.02
Current: 2.04

During the past years, Wattana Karnpaet PCL's highest Cyclically Adjusted PB Ratio was 4.02. The lowest was 1.19. And the median was 1.62.

BKK:NEW's Cyclically Adjusted PB Ratio is ranked worse than
51.11% of 315 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs BKK:NEW: 2.04

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.

Wattana Karnpaet PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿49.202. 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 ฿43.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wattana Karnpaet PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wattana Karnpaet 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.

Wattana Karnpaet PCL Cyclically Adjusted PB Ratio Chart

Wattana Karnpaet 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 1.57 1.75 1.36 2.95 2.61

Wattana Karnpaet 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 2.76 2.79 2.09 2.61 2.34

Competitive Comparison of Wattana Karnpaet PCL's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Wattana Karnpaet 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.


Wattana Karnpaet PCL's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wattana Karnpaet PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wattana Karnpaet 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.

Wattana Karnpaet PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=88.00/43.12
=2.04

* 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.

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

For example, Wattana Karnpaet 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)
=49.202/131.7762*131.7762
=49.202

Current CPI (Mar. 2024) = 131.7762.

Wattana Karnpaet PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.487 100.560 39.951
201409 30.801 100.428 40.415
201412 30.937 99.070 41.150
201503 31.112 99.621 41.154
201506 30.567 100.684 40.006
201509 31.226 100.392 40.988
201512 31.888 99.792 42.108
201603 32.134 100.470 42.147
201606 31.536 101.688 40.867
201609 31.938 101.861 41.318
201612 32.477 101.863 42.014
201703 32.065 102.862 41.078
201706 31.589 103.349 40.278
201709 32.566 104.136 41.210
201712 33.777 104.011 42.794
201803 34.317 105.290 42.950
201806 34.227 106.317 42.423
201809 34.794 106.507 43.049
201812 34.923 105.998 43.416
201903 35.586 107.251 43.724
201906 34.545 108.070 42.123
201909 35.291 108.329 42.929
201912 35.687 108.420 43.375
202003 36.095 108.902 43.677
202006 35.161 108.767 42.599
202009 35.186 109.815 42.223
202012 36.001 109.897 43.168
202103 36.153 111.754 42.630
202106 36.113 114.631 41.514
202109 36.114 115.734 41.120
202112 36.867 117.630 41.301
202203 39.798 121.301 43.235
202206 41.550 125.017 43.797
202209 44.921 125.227 47.270
202212 46.625 125.222 49.065
202303 47.849 127.348 49.513
202306 44.997 128.729 46.062
202309 47.109 129.860 47.804
202312 48.245 129.419 49.124
202403 49.202 131.776 49.202

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.


Wattana Karnpaet PCL  (BKK:NEW) 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.


Wattana Karnpaet PCL Cyclically Adjusted PB Ratio Related Terms

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


Wattana Karnpaet PCL (BKK:NEW) Business Description

Traded in Other Exchanges
N/A
Address
70/7-8 Suphakitjanya Road, Mhakkang sub-district, Muang Udonthanee district, Udonthanee, THA, 41000
Wattana Karnpaet PCL is engaged in the operation of a hospital under the name North Eastern Wattana Hospital, It has a single segment of operation namely the hospital and medical trading business. The company earns revenue from hospital, revenue from sales of medicines, and revenue from hospital rooms which are derived from the provision of services to various types and a large number of customers. The company operates in a single geographic segment which is Thailand.

Wattana Karnpaet PCL (BKK:NEW) Headlines

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