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ARIP PCL (BKK:ARIP-F) Cyclically Adjusted PB Ratio : 1.43 (As of Jun. 20, 2024)


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What is ARIP PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-20), ARIP PCL's current share price is ฿1.23. ARIP PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.86. ARIP PCL's Cyclically Adjusted PB Ratio for today is 1.43.

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

BKK:ARIP-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.51   Max: 2.91
Current: 1.12

During the past years, ARIP PCL's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 0.53. And the median was 1.51.

BKK:ARIP-F's Cyclically Adjusted PB Ratio is ranked better than
62.17% of 690 companies
in the Business Services industry
Industry Median: 1.555 vs BKK:ARIP-F: 1.12

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.

ARIP PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿0.493. 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 ฿0.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ARIP PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ARIP 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.

ARIP PCL Cyclically Adjusted PB Ratio Chart

ARIP 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 0.80 0.86 1.92 1.72 1.53

ARIP 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 2.70 1.74 1.83 1.53 1.42

Competitive Comparison of ARIP PCL's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, ARIP 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.


ARIP PCL's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ARIP PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ARIP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.23/0.86
=1.43

* 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.

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

For example, ARIP 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)
=0.493/131.7762*131.7762
=0.493

Current CPI (Mar. 2024) = 131.7762.

ARIP PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.458 100.560 0.600
201409 0.451 100.428 0.592
201412 0.442 99.070 0.588
201503 0.443 99.621 0.586
201506 0.428 100.684 0.560
201509 0.428 100.392 0.562
201512 0.421 99.792 0.556
201603 0.420 100.470 0.551
201606 0.406 101.688 0.526
201609 0.406 101.861 0.525
201612 0.431 101.863 0.558
201703 0.432 102.862 0.553
201706 0.432 103.349 0.551
201709 0.433 104.136 0.548
201712 0.436 104.011 0.552
201803 0.436 105.290 0.546
201806 0.437 106.317 0.542
201809 0.438 106.507 0.542
201812 0.441 105.998 0.548
201903 0.442 107.251 0.543
201906 0.435 108.070 0.530
201909 0.439 108.329 0.534
201912 0.444 108.420 0.540
202003 0.444 108.902 0.537
202006 0.442 108.767 0.536
202009 0.433 109.815 0.520
202012 0.447 109.897 0.536
202103 0.447 111.754 0.527
202106 0.445 114.631 0.512
202109 0.441 115.734 0.502
202112 0.458 117.630 0.513
202203 0.460 121.301 0.500
202206 0.471 125.017 0.496
202209 0.476 125.227 0.501
202212 0.484 125.222 0.509
202303 0.491 127.348 0.508
202306 0.474 128.729 0.485
202309 0.480 129.860 0.487
202312 0.490 129.419 0.499
202403 0.493 131.776 0.493

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.


ARIP PCL  (BKK:ARIP-F) 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.


ARIP PCL Cyclically Adjusted PB Ratio Related Terms

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


ARIP PCL (BKK:ARIP-F) Business Description

Industry
Traded in Other Exchanges
Address
99/16-20 Ratchadapisek Road, Din Daeng, Bangkok, THA, 10400
ARIP PCL is principally engaged in the management of events and marketing activities, the production and distribution of information technology-related publications, and the placement of advertisements. The company is organized into business units based on its products and services and has three reportable segments as follows: Media and contents, Management of Events, and Digital service. The majority of revenue is from the Digital service segment. The company mainly operates in Thailand.

ARIP PCL (BKK:ARIP-F) Headlines

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