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Ratch Group PCL (BKK:RATCH-F) Cyclically Adjusted PB Ratio : 0.57 (As of Jun. 10, 2024)


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What is Ratch Group PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Ratch Group PCL's current share price is ฿35.50. Ratch Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿62.58. Ratch Group PCL's Cyclically Adjusted PB Ratio for today is 0.57.

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

BKK:RATCH-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.18   Max: 1.88
Current: 0.57

During the past years, Ratch Group PCL's highest Cyclically Adjusted PB Ratio was 1.88. The lowest was 0.57. And the median was 1.18.

BKK:RATCH-F's Cyclically Adjusted PB Ratio is ranked better than
82.02% of 456 companies
in the Utilities - Regulated industry
Industry Median: 1.395 vs BKK:RATCH-F: 0.57

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.

Ratch Group PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿48.020. 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 ฿62.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ratch Group PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ratch 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.

Ratch Group PCL Cyclically Adjusted PB Ratio Chart

Ratch 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 1.63 1.23 0.96 0.92 0.65

Ratch 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 0.81 0.75 0.65 0.65 0.57

Competitive Comparison of Ratch Group PCL's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Ratch 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.


Ratch Group PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ratch Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ratch 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.50/62.58
=0.57

* 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.

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

For example, Ratch 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)
=48.02/131.7762*131.7762
=48.020

Current CPI (Mar. 2024) = 131.7762.

Ratch Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 39.570 100.560 51.854
201409 39.192 100.428 51.426
201412 38.833 99.070 51.653
201503 39.210 99.621 51.866
201506 39.043 100.684 51.100
201509 37.804 100.392 49.622
201512 38.455 99.792 50.780
201603 39.507 100.470 51.817
201606 38.907 101.688 50.419
201609 38.296 101.861 49.543
201612 37.562 101.863 48.593
201703 40.556 102.862 51.956
201706 40.451 103.349 51.577
201709 40.326 104.136 51.030
201712 38.132 104.011 48.311
201803 40.153 105.290 50.254
201806 38.493 106.317 47.711
201809 38.192 106.507 47.253
201812 38.293 105.998 47.606
201903 38.758 107.251 47.621
201906 38.082 108.070 46.436
201909 37.425 108.329 45.525
201912 37.959 108.420 46.136
202003 37.699 108.902 45.618
202006 37.767 108.767 45.756
202009 38.323 109.815 45.987
202012 38.667 109.897 46.365
202103 41.505 111.754 48.941
202106 42.240 114.631 48.558
202109 43.503 115.734 49.533
202112 44.938 117.630 50.342
202203 46.845 121.301 50.890
202206 46.949 125.017 49.487
202209 49.155 125.227 51.726
202212 45.071 125.222 47.430
202303 44.632 127.348 46.184
202306 46.468 128.729 47.568
202309 47.867 129.860 48.574
202312 45.056 129.419 45.876
202403 48.020 131.776 48.020

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.


Ratch Group PCL  (BKK:RATCH-F) 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.


Ratch Group PCL Cyclically Adjusted PB Ratio Related Terms

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


Ratch Group PCL (BKK:RATCH-F) Business Description

Traded in Other Exchanges
Address
72 Ngamwongwan Road, Mueang Nonthaburi District, Bang Khen Subdistrict, Nonthaburi, THA, 11000
Ratch Group PCL is a Thailand-based holding company. The Company's principal businesses are investing in companies whose objectives are to generate and sell electricity and develop power energy projects and infrastructure projects. The Group has four operating segments Domestic Electricity Generating, Renewable Energy, International Power Projects, and Related Business & Infrastructure. The majority of revenue is from the domestic Electricity Generating segment. Geographically, the majority of income is from Thailand. Its investment is mainly focused on fossil fuel power generation projects, renewable projects, and businesses adjacent to electricity generation and energy both in Thailand & internationally.

Ratch Group PCL (BKK:RATCH-F) Headlines

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