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BEC World PCL (BEC World PCL) Cyclically Adjusted PB Ratio : 1.26 (As of May. 04, 2024)


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What is BEC World PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-04), BEC World PCL's current share price is $2.11. BEC World PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.68. BEC World PCL's Cyclically Adjusted PB Ratio for today is 1.26.

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

BECVY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.29   Max: 5.73
Current: 1.23

During the past years, BEC World PCL's highest Cyclically Adjusted PB Ratio was 5.73. The lowest was 0.85. And the median was 2.29.

BECVY's Cyclically Adjusted PB Ratio is ranked worse than
53.81% of 643 companies
in the Media - Diversified industry
Industry Median: 1.13 vs BECVY: 1.23

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.

BEC World PCL's adjusted book value per share data for the three months ended in Dec. 2023 was $0.879. 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 $1.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BEC World PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BEC World 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.

BEC World PCL Cyclically Adjusted PB Ratio Chart

BEC World 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 1.54 2.15 3.64 2.54 1.25

BEC World 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 2.54 2.14 2.02 1.71 1.25

Competitive Comparison of BEC World PCL's Cyclically Adjusted PB Ratio

For the Broadcasting subindustry, BEC World 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.


BEC World PCL's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BEC World PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BEC World 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.

BEC World PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.11/1.68
=1.26

* 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.

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

For example, BEC World 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)
=0.879/129.4194*129.4194
=0.879

Current CPI (Dec. 2023) = 129.4194.

BEC World PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.120 99.695 1.454
201406 1.303 100.560 1.677
201409 1.193 100.428 1.537
201412 1.303 99.070 1.702
201503 1.123 99.621 1.459
201506 1.213 100.684 1.559
201509 1.033 100.392 1.332
201512 1.105 99.792 1.433
201603 1.011 100.470 1.302
201606 1.075 101.688 1.368
201609 1.003 101.861 1.274
201612 0.963 101.863 1.224
201703 1.020 102.862 1.283
201706 1.018 103.349 1.275
201709 1.017 104.136 1.264
201712 0.980 104.011 1.219
201803 1.002 105.290 1.232
201806 0.958 106.317 1.166
201809 0.966 106.507 1.174
201812 0.930 105.998 1.135
201903 0.937 107.251 1.131
201906 0.933 108.070 1.117
201909 0.964 108.329 1.152
201912 0.931 108.420 1.111
202003 0.829 108.902 0.985
202006 0.813 108.767 0.967
202009 0.814 109.815 0.959
202012 0.899 109.897 1.059
202103 0.901 111.754 1.043
202106 0.914 114.631 1.032
202109 0.891 115.734 0.996
202112 0.923 117.630 1.016
202203 0.956 121.301 1.020
202206 0.861 125.017 0.891
202209 0.824 125.227 0.852
202212 0.898 125.222 0.928
202303 0.906 127.348 0.921
202306 0.859 128.729 0.864
202309 0.841 129.860 0.838
202312 0.879 129.419 0.879

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.


BEC World PCL  (OTCPK:BECVY) 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.


BEC World PCL Cyclically Adjusted PB Ratio Related Terms

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


BEC World PCL (BEC World PCL) Business Description

Traded in Other Exchanges
Address
3199 Maleenont Tower Rama 4 Road, Floor 2,3,4,9,10,30-34 floors, Kwaeng Klongton, Khet Klongtoey, Bangkok, THA, 10110
BEC World PCL is a television broadcast company based in Thailand. The company's primary business units include broadcast television and radio operations. It provides both free and subscription-based television services. The company's subsidiary is responsible for its television operations and the production of television shows, films. Its subsidiary also owns record labels and promotes and organizes concerts through a concert ticket retail operation. The firm also operates and distributes a variety of multimedia content in genres that include news, sports, drama, and children's content. It generates the vast majority of its revenue in Thailand.

BEC World PCL (BEC World PCL) Headlines

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