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Asia Precision PCL (BKK:APCS) Cyclically Adjusted PB Ratio : 0.48 (As of Jun. 24, 2025)


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What is Asia Precision PCL Cyclically Adjusted PB Ratio?

As of today (2025-06-24), Asia Precision PCL's current share price is ฿1.34. Asia Precision PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿2.82. Asia Precision PCL's Cyclically Adjusted PB Ratio for today is 0.48.

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

BKK:APCS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.93   Max: 3
Current: 0.48

During the past years, Asia Precision PCL's highest Cyclically Adjusted PB Ratio was 3.00. The lowest was 0.48. And the median was 1.93.

BKK:APCS's Cyclically Adjusted PB Ratio is ranked better than
79.15% of 1314 companies
in the Construction industry
Industry Median: 1.12 vs BKK:APCS: 0.48

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.

Asia Precision PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿2.523. 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 ฿2.82 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Precision PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asia Precision 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.

Asia Precision PCL Cyclically Adjusted PB Ratio Chart

Asia Precision 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 2.64 2.35 2.00 1.57 0.68

Asia Precision 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 1.26 0.95 0.77 0.68 0.53

Competitive Comparison of Asia Precision PCL's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Asia Precision 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.


Asia Precision PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Asia Precision PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Asia Precision 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.

Asia Precision PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.34/2.82
=0.48

* 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.

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

For example, Asia Precision 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)
=2.523/134.9266*134.9266
=2.523

Current CPI (Mar. 2025) = 134.9266.

Asia Precision PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.352 100.684 1.812
201509 1.364 100.392 1.833
201512 1.726 99.792 2.334
201603 1.731 100.470 2.325
201606 1.710 101.688 2.269
201609 1.723 101.861 2.282
201612 1.778 101.863 2.355
201703 1.844 102.862 2.419
201706 1.921 103.349 2.508
201709 1.971 104.136 2.554
201712 2.001 104.011 2.596
201803 2.056 105.290 2.635
201806 2.152 106.317 2.731
201809 2.272 106.507 2.878
201812 2.331 105.998 2.967
201903 2.437 107.251 3.066
201906 2.518 108.070 3.144
201909 2.627 108.329 3.272
201912 2.589 108.420 3.222
202003 2.495 108.902 3.091
202006 2.406 108.767 2.985
202009 2.635 109.815 3.238
202012 2.703 109.897 3.319
202103 2.834 111.754 3.422
202106 2.857 114.631 3.363
202109 2.971 115.734 3.464
202112 2.963 117.630 3.399
202203 3.024 121.301 3.364
202206 2.916 125.017 3.147
202209 2.829 125.227 3.048
202212 2.761 125.222 2.975
202303 2.713 127.348 2.874
202306 2.705 128.729 2.835
202309 2.658 129.860 2.762
202312 2.704 129.419 2.819
202403 2.754 131.776 2.820
202406 2.759 132.554 2.808
202409 2.706 133.029 2.745
202412 2.609 133.157 2.644
202503 2.523 134.927 2.523

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.


Asia Precision PCL  (BKK:APCS) 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.


Asia Precision PCL Cyclically Adjusted PB Ratio Related Terms

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


Asia Precision PCL Business Description

Traded in Other Exchanges
N/A
Address
Sunphawut Road, 223/53, 13th Floor, Country Complex Tower A, Bangna Tai, Bangna, Bangkok, THA, 10260
Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand, Mongolia and Vietnam, of which prime revenue is earned in Thailand.

Asia Precision PCL Headlines

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