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Panjawattana Plastic PCL (BKK:PJW) Cyclically Adjusted PB Ratio : 1.38 (As of May. 22, 2024)


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What is Panjawattana Plastic PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Panjawattana Plastic PCL's current share price is ฿2.96. Panjawattana Plastic PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿2.15. Panjawattana Plastic PCL's Cyclically Adjusted PB Ratio for today is 1.38.

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

BKK:PJW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.01   Max: 2.98
Current: 1.38

During the past years, Panjawattana Plastic PCL's highest Cyclically Adjusted PB Ratio was 2.98. The lowest was 0.71. And the median was 2.01.

BKK:PJW's Cyclically Adjusted PB Ratio is ranked worse than
55.26% of 266 companies
in the Packaging & Containers industry
Industry Median: 1.205 vs BKK:PJW: 1.38

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.

Panjawattana Plastic PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿2.244. 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 ฿2.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panjawattana Plastic PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Panjawattana Plastic 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.

Panjawattana Plastic PCL Cyclically Adjusted PB Ratio Chart

Panjawattana Plastic 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 - 0.84 2.01 1.99 1.79

Panjawattana Plastic 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 2.14 1.98 1.84 1.79 1.41

Competitive Comparison of Panjawattana Plastic PCL's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Panjawattana Plastic 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.


Panjawattana Plastic PCL's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Panjawattana Plastic PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Panjawattana Plastic 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.

Panjawattana Plastic PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.96/2.15
=1.38

* 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.

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

For example, Panjawattana Plastic 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)
=2.244/131.7762*131.7762
=2.244

Current CPI (Mar. 2024) = 131.7762.

Panjawattana Plastic PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.531 100.560 2.006
201409 1.522 100.428 1.997
201412 1.511 99.070 2.010
201503 1.553 99.621 2.054
201506 1.568 100.684 2.052
201509 1.567 100.392 2.057
201512 1.682 99.792 2.221
201603 1.780 100.470 2.335
201606 1.725 101.688 2.235
201609 1.778 101.861 2.300
201612 1.802 101.863 2.331
201703 1.843 102.862 2.361
201706 1.742 103.349 2.221
201709 1.717 104.136 2.173
201712 1.723 104.011 2.183
201803 1.734 105.290 2.170
201806 1.753 106.317 2.173
201809 1.673 106.507 2.070
201812 1.686 105.998 2.096
201903 1.667 107.251 2.048
201906 1.655 108.070 2.018
201909 1.609 108.329 1.957
201912 1.685 108.420 2.048
202003 1.761 108.902 2.131
202006 1.683 108.767 2.039
202009 1.734 109.815 2.081
202012 1.830 109.897 2.194
202103 1.914 111.754 2.257
202106 1.883 114.631 2.165
202109 1.957 115.734 2.228
202112 1.974 117.630 2.211
202203 2.045 121.301 2.222
202206 1.991 125.017 2.099
202209 1.931 125.227 2.032
202212 2.031 125.222 2.137
202303 2.092 127.348 2.165
202306 2.110 128.729 2.160
202309 2.183 129.860 2.215
202312 2.216 129.419 2.256
202403 2.244 131.776 2.244

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.


Panjawattana Plastic PCL  (BKK:PJW) 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.


Panjawattana Plastic PCL Cyclically Adjusted PB Ratio Related Terms

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


Panjawattana Plastic PCL (BKK:PJW) Business Description

Traded in Other Exchanges
N/A
Address
Ekachai Road, No. 19 and 21 Soi Ekachai 63, Kwang Klong Bangbon, Khet Bangbon, Bangkok, THA, 10150
Panjawattana Plastic PCL is engaged in manufacturing and distribution of packaging for consumer product, agro chemical, automotive parts and materials from plastic imitation. The company operates its business through the following segments, Samuthsakhon Plant, Chonburi Plant, Bangkok Plant, Jiangsu Plant, Tianjin Plant, Service and the Business trading segment.

Panjawattana Plastic PCL (BKK:PJW) Headlines

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