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TISCO Financial Group PCL (TISCO Financial Group PCL) Cyclically Adjusted PB Ratio : 1.78 (As of May. 17, 2024)


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What is TISCO Financial Group PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-17), TISCO Financial Group PCL's current share price is $25.60. TISCO Financial Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.37. TISCO Financial Group PCL's Cyclically Adjusted PB Ratio for today is 1.78.

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

TSCFY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 2.28   Max: 3.34
Current: 1.85

During the past years, TISCO Financial Group PCL's highest Cyclically Adjusted PB Ratio was 3.34. The lowest was 1.70. And the median was 2.28.

TSCFY's Cyclically Adjusted PB Ratio is ranked worse than
86.36% of 1188 companies
in the Banks industry
Industry Median: 0.94 vs TSCFY: 1.85

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.

TISCO Financial Group PCL's adjusted book value per share data for the three months ended in Mar. 2024 was $15.358. 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 $14.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TISCO Financial Group PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TISCO Financial 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.

TISCO Financial Group PCL Cyclically Adjusted PB Ratio Chart

TISCO Financial 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 2.89 2.36 2.24 2.07 1.94

TISCO Financial 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 2.04 1.93 1.93 1.94 1.89

Competitive Comparison of TISCO Financial Group PCL's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, TISCO Financial 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.


TISCO Financial Group PCL's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TISCO Financial Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



TISCO Financial 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.60/14.37
=1.78

* 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.

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

For example, TISCO Financial 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)
=15.358/131.7762*131.7762
=15.358

Current CPI (Mar. 2024) = 131.7762.

TISCO Financial Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.985 100.560 11.774
201409 9.554 100.428 12.536
201412 9.772 99.070 12.998
201503 10.296 99.621 13.619
201506 9.750 100.684 12.761
201509 9.316 100.392 12.228
201512 9.749 99.792 12.874
201603 10.426 100.470 13.675
201606 10.137 101.688 13.136
201609 10.761 101.861 13.921
201612 10.900 101.863 14.101
201703 11.744 102.862 15.045
201706 11.546 103.349 14.722
201709 12.453 104.136 15.758
201712 13.251 104.011 16.788
201803 14.524 105.290 18.178
201806 13.044 106.317 16.168
201809 13.716 106.507 16.970
201812 14.395 105.998 17.896
201903 15.544 107.251 19.099
201906 14.277 108.070 17.409
201909 15.282 108.329 18.590
201912 16.211 108.420 19.703
202003 16.006 108.902 19.368
202006 14.536 108.767 17.611
202009 15.065 109.815 18.078
202012 16.384 109.897 19.646
202103 16.717 111.754 19.712
202106 15.036 114.631 17.285
202109 14.869 115.734 16.930
202112 15.332 117.630 17.176
202203 16.153 121.301 17.548
202206 14.036 125.017 14.795
202209 13.823 125.227 14.546
202212 15.370 125.222 16.175
202303 16.162 127.348 16.724
202306 14.385 128.729 14.726
202309 14.088 129.860 14.296
202312 15.155 129.419 15.431
202403 15.358 131.776 15.358

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.


TISCO Financial Group PCL  (OTCPK:TSCFY) 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.


TISCO Financial Group PCL Cyclically Adjusted PB Ratio Related Terms

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


TISCO Financial Group PCL (TISCO Financial Group PCL) Business Description

Traded in Other Exchanges
Address
No. 48/49, North Sathorn Road, TISCO Tower, 21st Floor, Silom Sub-district, Bangrak District, Bangkok, THA, 10500
TISCO Financial Group PCL is a bank that provides commercial banking products and services. The company is headquartered in Thailand and generates revenue domestically. The bank separates itself into four segments: commercial banking and lending business, securities business, asset management, and support business. Of these, commercial banking provides the largest percentage of revenue. Services include deposits, accounts, car and home loans, investment services, insurance, business finance, capital markets, mergers and acquisitions, and debt restructuring.

TISCO Financial Group PCL (TISCO Financial Group PCL) Headlines

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