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Airports Of Thailand (Airports Of Thailand) Cyclically Adjusted PB Ratio : 7.71 (As of May. 14, 2024)


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What is Airports Of Thailand Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Airports Of Thailand's current share price is $1.85. Airports Of Thailand's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.24. Airports Of Thailand's Cyclically Adjusted PB Ratio for today is 7.71.

The historical rank and industry rank for Airports Of Thailand's Cyclically Adjusted PB Ratio or its related term are showing as below:

APTPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.76   Med: 7.43   Max: 10.47
Current: 6.58

During the past years, Airports Of Thailand's highest Cyclically Adjusted PB Ratio was 10.47. The lowest was 5.76. And the median was 7.43.

APTPF's Cyclically Adjusted PB Ratio is ranked worse than
94.58% of 701 companies
in the Transportation industry
Industry Median: 1.25 vs APTPF: 6.58

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.

Airports Of Thailand's adjusted book value per share data for the three months ended in Dec. 2023 was $0.230. 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 $0.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airports Of Thailand Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Airports Of Thailand'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.

Airports Of Thailand Cyclically Adjusted PB Ratio Chart

Airports Of Thailand Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.58 6.76 6.76 7.37 6.87

Airports Of Thailand 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 7.63 7.11 7.14 6.87 5.92

Competitive Comparison of Airports Of Thailand's Cyclically Adjusted PB Ratio

For the Airports & Air Services subindustry, Airports Of Thailand'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.


Airports Of Thailand's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Airports Of Thailand's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Airports Of Thailand's Cyclically Adjusted PB Ratio falls into.



Airports Of Thailand 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.

Airports Of Thailand's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.85/0.24
=7.71

* 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.

Airports Of Thailand's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Airports Of Thailand'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)
=0.23/129.4194*129.4194
=0.230

Current CPI (Dec. 2023) = 129.4194.

Airports Of Thailand Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.200 99.695 0.260
201406 0.205 100.560 0.264
201409 0.211 100.428 0.272
201412 0.215 99.070 0.281
201503 0.216 99.621 0.281
201506 0.213 100.684 0.274
201509 0.209 100.392 0.269
201512 0.220 99.792 0.285
201603 0.222 100.470 0.286
201606 0.232 101.688 0.295
201609 0.242 101.861 0.307
201612 0.247 101.863 0.314
201703 0.245 102.862 0.308
201706 0.262 103.349 0.328
201709 0.278 104.136 0.345
201712 0.295 104.011 0.367
201803 0.296 105.290 0.364
201806 0.299 106.317 0.364
201809 0.309 106.507 0.375
201812 0.322 105.998 0.393
201903 0.315 107.251 0.380
201906 0.335 108.070 0.401
201909 0.353 108.329 0.422
201912 0.374 108.420 0.446
202003 0.326 108.902 0.387
202006 0.330 108.767 0.393
202009 0.317 109.815 0.374
202012 0.298 109.897 0.351
202103 0.276 111.754 0.320
202106 0.262 114.631 0.296
202109 0.238 115.734 0.266
202112 0.225 117.630 0.248
202203 0.221 121.301 0.236
202206 0.206 125.017 0.213
202209 0.191 125.227 0.197
202212 0.205 125.222 0.212
202303 0.210 127.348 0.213
202306 0.214 128.729 0.215
202309 0.215 129.860 0.214
202312 0.230 129.419 0.230

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.


Airports Of Thailand  (OTCPK:APTPF) 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.


Airports Of Thailand Cyclically Adjusted PB Ratio Related Terms

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


Airports Of Thailand (Airports Of Thailand) Business Description

Address
No. 333, Cherdwutagard Road, Srikan, Don Mueang, Bangkok, THA, 10210
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. Revenue is generated primarily from two sources: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue primarily results from office and state property rents. Additionally, Airports of Thailand has invested in other companies to provide services and products related to its airports. Its investments are wide-ranging, including hotels, aviation fuel services, and catering services.

Airports Of Thailand (Airports Of Thailand) Headlines

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