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Sahaviriya Steel Industries (BKK:SSI-R) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Sahaviriya Steel Industries 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


Sahaviriya Steel Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sahaviriya Steel Industries'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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Sahaviriya Steel Industries Cyclically Adjusted PB Ratio Chart

Sahaviriya Steel Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Sahaviriya Steel Industries Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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Competitive Comparison of Sahaviriya Steel Industries's Cyclically Adjusted PB Ratio

For the Steel subindustry, Sahaviriya Steel Industries'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.


Sahaviriya Steel Industries's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sahaviriya Steel Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sahaviriya Steel Industries's Cyclically Adjusted PB Ratio falls into.



Sahaviriya Steel Industries 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.

Sahaviriya Steel Industries's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec19 is calculated as:

For example, Sahaviriya Steel Industries's adjusted Book Value per Share data for the fiscal year that ended in Dec19 was:

Adj_Book=Book Value per Share/CPI of Dec19 (Change)*Current CPI (Dec19)
=-3.762/108.4201*108.4201
=-3.762

Current CPI (Dec19) = 108.4201.

Sahaviriya Steel Industries Annual Data

Book Value per Share CPI Adj_Book
201012 41.986 92.474 49.226
201112 36.257 95.213 41.286
201212 13.623 96.871 15.247
201312 8.799 98.326 9.702
201412 0.220 99.070 0.241
201512 -37.080 99.792 -40.286
201612 -39.612 101.863 -42.162
201712 -37.093 104.011 -38.665
201812 -4.573 105.998 -4.677
201912 -3.762 108.420 -3.762

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.


Sahaviriya Steel Industries  (BKK:SSI-R) 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.


Sahaviriya Steel Industries Cyclically Adjusted PB Ratio Related Terms

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Sahaviriya Steel Industries (BKK:SSI-R) Business Description

Traded in Other Exchanges
N/A
Address
2nd - 3rd Floor, Surasak Road, 28/1 Prapawit Building, Kwang Silom, Khet Bangrak, Bangkok, THA, 10500
Sahaviriya Steel Industries PLC is a producer of hot-rolled steel sheet coils in Southeast Asia. The company's reportable segments consist of Manufacture of hot-rolled coils, Maintenance services, and Deep-sea port services. Its product includes hot-rolled steel sheet in coils and hot-rolled steel sheet pickled and oiled which is used as raw material for industries such as construction, pipe, and tube, gas cylinder, container, furniture, automotive, and cold rolled steel. In addition, it also supplies steel sheets to various sectors such as automobile, energy, transportation and construction sectors.

Sahaviriya Steel Industries (BKK:SSI-R) Headlines

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