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Bangkok Bank PCL (Bangkok Bank PCL) Cyclically Adjusted PB Ratio : 0.48 (As of Apr. 28, 2024)


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What is Bangkok Bank PCL Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Bangkok Bank PCL's current share price is $19.00. Bangkok Bank PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $39.59. Bangkok Bank PCL's Cyclically Adjusted PB Ratio for today is 0.48.

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

BKKLY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.63   Max: 1.34
Current: 0.53

During the past years, Bangkok Bank PCL's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.49. And the median was 0.63.

BKKLY's Cyclically Adjusted PB Ratio is ranked better than
78.75% of 1172 companies
in the Banks industry
Industry Median: 0.92 vs BKKLY: 0.53

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.

Bangkok Bank PCL's adjusted book value per share data for the three months ended in Dec. 2023 was $39.610. 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 $39.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Bank PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bangkok Bank 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.

Bangkok Bank PCL Cyclically Adjusted PB Ratio Chart

Bangkok Bank 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 0.87 0.61 0.55 0.61 0.61

Bangkok Bank PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.61 0.61 0.63 0.65 0.61

Competitive Comparison of Bangkok Bank PCL's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bangkok Bank 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.


Bangkok Bank PCL's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Bangkok Bank 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.

Bangkok Bank PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.00/39.59
=0.48

* 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.

Bangkok Bank PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bangkok Bank PCL's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=39.61/129.4194*129.4194
=39.610

Current CPI (Dec. 2023) = 129.4194.

Bangkok Bank PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 24.832 99.695 32.236
201406 25.242 100.560 32.486
201409 25.939 100.428 33.427
201412 25.765 99.070 33.658
201503 26.803 99.621 34.820
201506 27.176 100.684 34.932
201509 25.825 100.392 33.292
201512 26.332 99.792 34.150
201603 27.563 100.470 35.505
201606 27.414 101.688 34.890
201609 27.986 101.861 35.558
201612 27.749 101.863 35.256
201703 28.985 102.862 36.468
201706 29.634 103.349 37.109
201709 31.066 104.136 38.609
201712 32.262 104.011 40.143
201803 33.979 105.290 41.766
201806 32.240 106.317 39.246
201809 32.529 106.507 39.527
201812 33.060 105.998 40.365
201903 35.100 107.251 42.355
201906 35.639 108.070 42.680
201909 36.874 108.329 44.053
201912 37.106 108.420 44.293
202003 33.858 108.902 40.237
202006 36.869 108.767 43.869
202009 36.696 109.815 43.247
202012 39.100 109.897 46.046
202103 39.145 111.754 45.333
202106 38.974 114.631 44.002
202109 38.531 115.734 43.087
202112 38.457 117.630 42.312
202203 39.210 121.301 41.834
202206 37.091 125.017 38.397
202209 36.046 125.227 37.253
202212 38.072 125.222 39.348
202303 39.158 127.348 39.795
202306 39.062 128.729 39.272
202309 38.549 129.860 38.418
202312 39.610 129.419 39.610

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.


Bangkok Bank PCL  (OTCPK:BKKLY) 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.


Bangkok Bank PCL Cyclically Adjusted PB Ratio Related Terms

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


Bangkok Bank PCL (Bangkok Bank PCL) Business Description

Address
333 Silom Road, Bangrak, Bangkok, THA, 10500
Bangkok Bank PCL is a Thai commercial bank with some international exposure to other Asian countries, the United Kingdom, and the United States. The bank's business units include corporate, commercial, business, consumer, international, and investment banking. Corporate banking services include loans, project finance, treasury, investment banking, trade finance, cash management, and securities. Nearly half of its loan portfolio is exposed to manufacturing and commercial businesses, followed by the utilities sector. The bank's strategy calls for increasingly leveraging its connection to other Asian countries, lending to high-growth sectors, and creating an omnichannel customer experience.

Bangkok Bank PCL (Bangkok Bank PCL) Headlines

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