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Pre-Built PCL (BKK:PREB) Cyclically Adjusted PB Ratio : 0.66 (As of Jun. 10, 2024)


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What is Pre-Built PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Pre-Built PCL's current share price is ฿5.20. Pre-Built PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿7.86. Pre-Built PCL's Cyclically Adjusted PB Ratio for today is 0.66.

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

BKK:PREB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.39   Max: 3.15
Current: 0.66

During the past years, Pre-Built PCL's highest Cyclically Adjusted PB Ratio was 3.15. The lowest was 0.66. And the median was 1.39.

BKK:PREB's Cyclically Adjusted PB Ratio is ranked better than
70.02% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs BKK:PREB: 0.66

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.

Pre-Built PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿8.308. 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 ฿7.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pre-Built PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pre-Built 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.

Pre-Built PCL Cyclically Adjusted PB Ratio Chart

Pre-Built 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 1.84 1.44 1.36 1.22 0.84

Pre-Built 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 1.17 0.94 0.90 0.84 0.79

Competitive Comparison of Pre-Built PCL's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Pre-Built 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.


Pre-Built PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Pre-Built PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pre-Built PCL's Cyclically Adjusted PB Ratio falls into.



Pre-Built 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.

Pre-Built PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.20/7.86
=0.66

* 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.

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

For example, Pre-Built 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)
=8.308/131.7762*131.7762
=8.308

Current CPI (Mar. 2024) = 131.7762.

Pre-Built PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.661 100.560 4.797
201409 3.927 100.428 5.153
201412 4.182 99.070 5.563
201503 4.395 99.621 5.814
201506 3.963 100.684 5.187
201509 4.187 100.392 5.496
201512 4.564 99.792 6.027
201603 4.787 100.470 6.279
201606 4.950 101.688 6.415
201609 5.653 101.861 7.313
201612 6.609 101.863 8.550
201703 7.295 102.862 9.346
201706 7.295 103.349 9.302
201709 6.580 104.136 8.327
201712 6.888 104.011 8.727
201803 7.355 105.290 9.205
201806 6.893 106.317 8.544
201809 7.165 106.507 8.865
201812 7.333 105.998 9.116
201903 7.607 107.251 9.347
201906 6.979 108.070 8.510
201909 7.166 108.329 8.717
201912 7.143 108.420 8.682
202003 6.693 108.902 8.099
202006 6.800 108.767 8.238
202009 6.915 109.815 8.298
202012 7.098 109.897 8.511
202103 7.285 111.754 8.590
202106 7.084 114.631 8.144
202109 6.698 115.734 7.626
202112 7.481 117.630 8.381
202203 7.675 121.301 8.338
202206 7.677 125.017 8.092
202209 8.049 125.227 8.470
202212 8.161 125.222 8.588
202303 8.345 127.348 8.635
202306 7.999 128.729 8.188
202309 8.202 129.860 8.323
202312 8.210 129.419 8.360
202403 8.308 131.776 8.308

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.


Pre-Built PCL  (BKK:PREB) 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.


Pre-Built PCL Cyclically Adjusted PB Ratio Related Terms

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


Pre-Built PCL (BKK:PREB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bond Street Road, 503,1st Floor, Bangpood, Pak-kret, Nonthaburi, THA, 11120
Pre-Built PCL is a Thailand based company, that engages in construction and civil engineering work. The company, through its subsidiaries, manufactures and sells pre-cast floor products; develops and sells real estate properties; and manages condominiums. Its construction operations include housing projects, commercial buildings, office buildings, shopping centers, hospitals, schools, and power plants. Its projects include the Click Condo, Dalvey Thonglor, Bang Yai Plaza and depots for Bangkok's sky train system.

Pre-Built PCL (BKK:PREB) Headlines

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