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AJ Advance Technology PCL (BKK:AJA-R) Cyclically Adjusted PB Ratio : 0.62 (As of Jul. 18, 2025)


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What is AJ Advance Technology PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-18), AJ Advance Technology PCL's current share price is ฿0.18. AJ Advance Technology PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿0.29. AJ Advance Technology PCL's Cyclically Adjusted PB Ratio for today is 0.62.

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

BKK:AJA-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.73   Max: 1.42
Current: 0.65

During the past years, AJ Advance Technology PCL's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.35. And the median was 0.73.

BKK:AJA-R's Cyclically Adjusted PB Ratio is ranked better than
80.64% of 1942 companies
in the Hardware industry
Industry Median: 1.705 vs BKK:AJA-R: 0.65

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.

AJ Advance Technology PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿0.117. 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 ฿0.29 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AJ Advance Technology PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AJ Advance Technology 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.

AJ Advance Technology PCL Cyclically Adjusted PB Ratio Chart

AJ Advance Technology 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 - - 0.79 0.68 0.61

AJ Advance Technology 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 1.05 0.86 0.72 0.61 0.39

Competitive Comparison of AJ Advance Technology PCL's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, AJ Advance Technology 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.


AJ Advance Technology PCL's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AJ Advance Technology PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AJ Advance Technology PCL's Cyclically Adjusted PB Ratio falls into.


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AJ Advance Technology 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.

AJ Advance Technology PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.18/0.29
=0.62

* 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.

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

For example, AJ Advance Technology 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)
=0.117/134.9266*134.9266
=0.117

Current CPI (Mar. 2025) = 134.9266.

AJ Advance Technology PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.216 100.684 0.289
201509 0.217 100.392 0.292
201512 0.297 99.792 0.402
201603 0.316 100.470 0.424
201606 0.345 101.688 0.458
201609 0.370 101.861 0.490
201612 0.371 101.863 0.491
201703 0.341 102.862 0.447
201706 0.318 103.349 0.415
201709 0.292 104.136 0.378
201712 0.277 104.011 0.359
201803 0.279 105.290 0.358
201806 0.281 106.317 0.357
201809 0.276 106.507 0.350
201812 0.235 105.998 0.299
201903 0.241 107.251 0.303
201906 0.232 108.070 0.290
201909 0.202 108.329 0.252
201912 0.186 108.420 0.231
202003 0.178 108.902 0.221
202006 0.171 108.767 0.212
202009 0.163 109.815 0.200
202012 0.156 109.897 0.192
202103 0.151 111.754 0.182
202106 0.147 114.631 0.173
202109 0.152 115.734 0.177
202112 0.157 117.630 0.180
202203 0.174 121.301 0.194
202206 0.164 125.017 0.177
202209 0.161 125.227 0.173
202212 0.146 125.222 0.157
202303 0.146 127.348 0.155
202306 0.145 128.729 0.152
202309 0.142 129.860 0.148
202312 0.141 129.419 0.147
202403 0.145 131.776 0.148
202406 0.138 132.554 0.140
202409 0.129 133.029 0.131
202412 0.123 133.157 0.125
202503 0.117 134.927 0.117

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.


AJ Advance Technology PCL  (BKK:AJA-R) 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.


AJ Advance Technology PCL Cyclically Adjusted PB Ratio Related Terms

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


AJ Advance Technology PCL Business Description

Traded in Other Exchanges
Address
No. 427/2 Rama 2 Road, Kwaeng Samaedum, Khet Bangkhunthien, Bangkok, THA, 10150
AJ Advance Technology PCL is engaged in wholesaling and retailing of electric vehicle, provide service to member relating access of website of such Company for purchase and sales of goods, logistic business and export business, distribution of sport shoes and invest in digital assets, mining, trading digital assets including investment or providing other services about cryptocurrency and digital token transactions. It has five operating segments; Retailing and wholesaling of electric appliances, including parts; Retailing and wholesaling of mobile phones, including parts (Cancellation section); Retailing of shoes; Sale of electric motorcycle, which derives maximum profit and Others. The company operates only in Thailand.

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