GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » AIRA Factoring PCL (BKK:AF) » Definitions » Cyclically Adjusted PB Ratio

AIRA Factoring PCL (BKK:AF) Cyclically Adjusted PB Ratio : 0.95 (As of Jun. 01, 2025)


View and export this data going back to 2004. Start your Free Trial

What is AIRA Factoring PCL Cyclically Adjusted PB Ratio?

As of today (2025-06-01), AIRA Factoring PCL's current share price is ฿0.38. AIRA Factoring PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿0.40. AIRA Factoring PCL's Cyclically Adjusted PB Ratio for today is 0.95.

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

BKK:AF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 2.26   Max: 3.91
Current: 0.94

During the past years, AIRA Factoring PCL's highest Cyclically Adjusted PB Ratio was 3.91. The lowest was 0.80. And the median was 2.26.

BKK:AF's Cyclically Adjusted PB Ratio is ranked better than
53.09% of 324 companies
in the Credit Services industry
Industry Median: 1.01 vs BKK:AF: 0.94

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.

AIRA Factoring PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿0.326. 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 ฿0.40 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AIRA Factoring PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AIRA Factoring 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.

AIRA Factoring PCL Cyclically Adjusted PB Ratio Chart

AIRA Factoring PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 3.23 3.03 1.97 1.75

AIRA Factoring PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.99 1.48 1.90 1.75 0.84

Competitive Comparison of AIRA Factoring PCL's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, AIRA Factoring 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.


AIRA Factoring PCL's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, AIRA Factoring PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

AIRA Factoring 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.

AIRA Factoring PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.38/0.40
=0.95

* 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.

AIRA Factoring PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, AIRA Factoring PCL's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.326/134.9266*134.9266
=0.326

Current CPI (Mar. 2025) = 134.9266.

AIRA Factoring PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.246 100.684 0.330
201509 0.351 100.392 0.472
201512 0.357 99.792 0.483
201603 0.365 100.470 0.490
201606 0.363 101.688 0.482
201609 0.341 101.861 0.452
201612 0.337 101.863 0.446
201703 0.342 102.862 0.449
201706 0.333 103.349 0.435
201709 0.342 104.136 0.443
201712 0.341 104.011 0.442
201803 0.356 105.290 0.456
201806 0.340 106.317 0.431
201809 0.351 106.507 0.445
201812 0.329 105.998 0.419
201903 0.329 107.251 0.414
201906 0.340 108.070 0.424
201909 0.347 108.329 0.432
201912 0.330 108.420 0.411
202003 0.328 108.902 0.406
202006 0.334 108.767 0.414
202009 0.338 109.815 0.415
202012 0.326 109.897 0.400
202103 0.334 111.754 0.403
202106 0.342 114.631 0.403
202109 0.348 115.734 0.406
202112 0.332 117.630 0.381
202203 0.341 121.301 0.379
202206 0.347 125.017 0.375
202209 0.356 125.227 0.384
202212 0.329 125.222 0.354
202303 0.336 127.348 0.356
202306 0.343 128.729 0.360
202309 0.337 129.860 0.350
202312 0.333 129.419 0.347
202403 0.341 131.776 0.349
202406 0.342 132.554 0.348
202409 0.322 133.029 0.327
202412 0.323 133.157 0.327
202503 0.326 134.927 0.326

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.


AIRA Factoring PCL  (BKK:AF) 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.


AIRA Factoring PCL Cyclically Adjusted PB Ratio Related Terms

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


AIRA Factoring PCL Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Phayathai Road, Unit 6-10, 12Ath Floor, Spring Tower Building, Thung Phaya Thai Sub-District, Ratchathewi District, Bangkok, THA, 10400
AIRA Factoring PCL is a Thailand-based company principally engaged in the business of receivable factoring. It provides short-term financing services by transferring creditor's rights or factoring services. Its various service offerings include promissory note loans, e-factoring, supplier financing, long-term loans, and others. The company's clients vary from small to medium businesses that need funding for their operations. Geographically, the company operates only in Thailand.

AIRA Factoring PCL Headlines

No Headlines