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Siam City Bank (BKK:SCIB) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Siam City Bank Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siam City Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Siam City Bank'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.

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Siam City Bank Cyclically Adjusted PB Ratio Chart

Siam City Bank Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Cyclically Adjusted PB Ratio
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Siam City Bank Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10
Cyclically Adjusted PB Ratio - - - - -

Competitive Comparison of Siam City Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Siam City Bank'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.


Siam City Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Siam City Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Siam City Bank's Cyclically Adjusted PB Ratio falls into.



Siam City Bank 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.

Siam City Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec10 is calculated as:

For example, Siam City Bank's adjusted Book Value per Share data for the fiscal year that ended in Dec10 was:

Adj_Book=Book Value per Share/CPI of Dec10 (Change)*Current CPI (Dec10)
=22.311/92.4740*92.4740
=22.311

Current CPI (Dec10) = 92.4740.

Siam City Bank Annual Data

Book Value per Share CPI Adj_Book
200112 7.322 74.552 9.082
200212 21.393 76.324 25.920
200312 15.460 77.758 18.386
200412 15.618 80.290 17.988
200512 16.896 83.032 18.817
200612 17.460 85.142 18.964
200712 17.151 88.616 17.898
200812 19.489 88.697 20.319
200912 20.419 91.111 20.724
201012 22.311 92.474 22.311

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.


Siam City Bank  (BKK:SCIB) 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.


Siam City Bank Cyclically Adjusted PB Ratio Related Terms

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Siam City Bank (BKK:SCIB) Business Description

Traded in Other Exchanges
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Address
Siam City Bank Public Company Limited is engaged in providing various banking and financial products and services in Thailand, which offers investment loans, commercial loans, overdrafts, trade finance, cash management, collection and payment, etc.

Siam City Bank (BKK:SCIB) Headlines

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