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Amanah Leasing PCL (BKK:AMANAH) Cyclically Adjusted PB Ratio : 0.97 (As of Jun. 21, 2024)


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What is Amanah Leasing PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Amanah Leasing PCL's current share price is ฿1.22. Amanah Leasing PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.26. Amanah Leasing PCL's Cyclically Adjusted PB Ratio for today is 0.97.

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

BKK:AMANAH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 2.4   Max: 6.45
Current: 0.99

During the past years, Amanah Leasing PCL's highest Cyclically Adjusted PB Ratio was 6.45. The lowest was 0.98. And the median was 2.40.

BKK:AMANAH's Cyclically Adjusted PB Ratio is ranked worse than
52.13% of 399 companies
in the Credit Services industry
Industry Median: 0.93 vs BKK:AMANAH: 0.99

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.

Amanah Leasing PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿1.569. 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 ฿1.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amanah Leasing PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amanah Leasing 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.

Amanah Leasing PCL Cyclically Adjusted PB Ratio Chart

Amanah Leasing 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 2.56 3.49 4.44 2.84 1.50

Amanah Leasing PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.76 1.96 1.66 1.50 1.81

Competitive Comparison of Amanah Leasing PCL's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Amanah Leasing 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.


Amanah Leasing PCL's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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



Amanah Leasing 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.

Amanah Leasing PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.22/1.26
=0.97

* 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.

Amanah Leasing PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Amanah Leasing PCL's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.569/131.7762*131.7762
=1.569

Current CPI (Mar. 2024) = 131.7762.

Amanah Leasing PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.906 100.560 1.187
201409 0.908 100.428 1.191
201412 0.798 99.070 1.061
201503 0.783 99.621 1.036
201506 0.684 100.684 0.895
201509 0.687 100.392 0.902
201512 0.690 99.792 0.911
201603 0.692 100.470 0.908
201606 0.694 101.688 0.899
201609 0.695 101.861 0.899
201612 0.714 101.863 0.924
201703 0.726 102.862 0.930
201706 0.685 103.349 0.873
201709 0.000 104.136 0.000
201712 0.748 104.011 0.948
201803 0.789 105.290 0.987
201806 0.812 106.317 1.006
201809 0.843 106.507 1.043
201812 0.874 105.998 1.087
201903 0.912 107.251 1.121
201906 0.952 108.070 1.161
201909 1.006 108.329 1.224
201912 1.058 108.420 1.286
202003 1.129 108.902 1.366
202006 1.184 108.767 1.434
202009 1.248 109.815 1.498
202012 1.312 109.897 1.573
202103 1.380 111.754 1.627
202106 1.334 114.631 1.534
202109 1.393 115.734 1.586
202112 1.456 117.630 1.631
202203 1.519 121.301 1.650
202206 1.447 125.017 1.525
202209 1.499 125.227 1.577
202212 1.575 125.222 1.657
202303 1.612 127.348 1.668
202306 1.466 128.729 1.501
202309 1.511 129.860 1.533
202312 1.559 129.419 1.587
202403 1.569 131.776 1.569

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.


Amanah Leasing PCL  (BKK:AMANAH) 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.


Amanah Leasing PCL Cyclically Adjusted PB Ratio Related Terms

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


Amanah Leasing PCL (BKK:AMANAH) Business Description

Traded in Other Exchanges
N/A
Address
16-16/1 Soi Kasemsan 1, Phayathai Road, Wangmai, Pathumwan, Bangkok, THA, 10330
Amanah Leasing PCL is engaged in providing financial services. The principal activities of the company are to provide financial services in hire purchase, finance lease, operating lease, and inventory finance areas. Its operating segments are Hire Purchase and Others. The company generates a majority of its revenue from the Hire Purchase segment. Geographically, all business activities are carried out through the region of Thailand.

Amanah Leasing PCL (BKK:AMANAH) Headlines

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