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The Platinum Group PCL (BKK:PLAT) Cyclically Adjusted PB Ratio : 0.09 (As of Jun. 04, 2024)


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What is The Platinum Group PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-04), The Platinum Group PCL's current share price is ฿2.52. The Platinum Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿26.94. The Platinum Group PCL's Cyclically Adjusted PB Ratio for today is 0.09.

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

BKK:PLAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.11   Max: 0.11
Current: 0.1

During the past years, The Platinum Group PCL's highest Cyclically Adjusted PB Ratio was 0.11. The lowest was 0.09. And the median was 0.11.

BKK:PLAT's Cyclically Adjusted PB Ratio is ranked better than
90.98% of 1364 companies
in the Real Estate industry
Industry Median: 0.7 vs BKK:PLAT: 0.10

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.

The Platinum Group PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿2.750. 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 ฿26.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Platinum Group PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Platinum Group 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.

The Platinum Group PCL Cyclically Adjusted PB Ratio Chart

The Platinum Group 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 - - - - 0.11

The Platinum Group 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 - - - 0.11 0.11

Competitive Comparison of The Platinum Group PCL's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, The Platinum Group 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.


The Platinum Group PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The Platinum Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Platinum Group 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.

The Platinum Group PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.52/26.94
=0.09

* 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.

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

For example, The Platinum Group 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)
=2.75/131.7762*131.7762
=2.750

Current CPI (Mar. 2024) = 131.7762.

The Platinum Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.941 99.070 1.252
201503 2.816 99.621 3.725
201506 2.811 100.684 3.679
201509 2.868 100.392 3.765
201512 2.930 99.792 3.869
201603 2.993 100.470 3.926
201606 2.895 101.688 3.752
201609 2.959 101.861 3.828
201612 3.024 101.863 3.912
201703 3.090 102.862 3.959
201706 2.976 103.349 3.795
201709 3.047 104.136 3.856
201712 3.119 104.011 3.952
201803 3.192 105.290 3.995
201806 3.063 106.317 3.796
201809 3.129 106.507 3.871
201812 3.200 105.998 3.978
201903 3.272 107.251 4.020
201906 3.136 108.070 3.824
201909 3.192 108.329 3.883
201912 3.256 108.420 3.957
202003 740.548 108.902 896.100
202006 3.045 108.767 3.689
202009 3.009 109.815 3.611
202012 2.967 109.897 3.558
202103 2.919 111.754 3.442
202106 2.871 114.631 3.300
202109 2.816 115.734 3.206
202112 2.787 117.630 3.122
202203 2.739 121.301 2.976
202206 2.710 125.017 2.857
202209 2.665 125.227 2.804
202212 2.663 125.222 2.802
202303 2.666 127.348 2.759
202306 2.677 128.729 2.740
202309 2.703 129.860 2.743
202312 2.726 129.419 2.776
202403 2.750 131.776 2.750

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.


The Platinum Group PCL  (BKK:PLAT) 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.


The Platinum Group PCL Cyclically Adjusted PB Ratio Related Terms

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


The Platinum Group PCL (BKK:PLAT) Business Description

Traded in Other Exchanges
N/A
Address
Phetchaburi Road, 222/1398, 11th Floor, The Platinum Fashion Mall Building, Ratchathewi District, Petchaburi Road Sub-District, Bangkok, THA, 10400
The Platinum Group PCL is engaged in the provision of property rental, hotel, and food center operations in the country of Thailand. Its projects include the Platinum Fashion Mall, War Samui, Holiday Inn Express Samui Hotel, Novotel Bangkok Platinum, and the Platinum Food Center, and others. The company and its subsidiaries are organized into business units based on its products and services and have three reportable segments which are Development and rental of retail space in shopping centers and related services; Hotel operations; and Food and beverages centers. The vast majority of its revenue is generated from its retail space development and rental segment.

The Platinum Group PCL (BKK:PLAT) Headlines