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Bangkok Chain Hospital (BKK:BCH) Cyclically Adjusted PB Ratio : 5.78 (As of May. 21, 2024)


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What is Bangkok Chain Hospital Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Bangkok Chain Hospital's current share price is ฿19.70. Bangkok Chain Hospital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿3.41. Bangkok Chain Hospital's Cyclically Adjusted PB Ratio for today is 5.78.

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

BKK:BCH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.59   Med: 7.91   Max: 12.38
Current: 5.78

During the past years, Bangkok Chain Hospital's highest Cyclically Adjusted PB Ratio was 12.38. The lowest was 5.59. And the median was 7.91.

BKK:BCH's Cyclically Adjusted PB Ratio is ranked worse than
81.47% of 313 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs BKK:BCH: 5.78

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.

Bangkok Chain Hospital's adjusted book value per share data for the three months ended in Mar. 2024 was ฿5.186. 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 ฿3.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Chain Hospital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bangkok Chain Hospital'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.

Bangkok Chain Hospital Cyclically Adjusted PB Ratio Chart

Bangkok Chain Hospital 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 9.28 6.83 8.47 7.11 6.84

Bangkok Chain Hospital 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 6.77 5.68 6.13 6.84 6.04

Competitive Comparison of Bangkok Chain Hospital's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Bangkok Chain Hospital'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.


Bangkok Chain Hospital's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Bangkok Chain Hospital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bangkok Chain Hospital's Cyclically Adjusted PB Ratio falls into.



Bangkok Chain Hospital 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.

Bangkok Chain Hospital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.70/3.41
=5.78

* 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.

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

For example, Bangkok Chain Hospital'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)
=5.186/131.7762*131.7762
=5.186

Current CPI (Mar. 2024) = 131.7762.

Bangkok Chain Hospital Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.604 100.560 2.102
201409 1.604 100.428 2.105
201412 1.659 99.070 2.207
201503 1.697 99.621 2.245
201506 1.662 100.684 2.175
201509 1.671 100.392 2.193
201512 1.748 99.792 2.308
201603 1.811 100.470 2.375
201606 1.802 101.688 2.335
201609 1.830 101.861 2.367
201612 1.909 101.863 2.470
201703 1.975 102.862 2.530
201706 1.942 103.349 2.476
201709 1.980 104.136 2.506
201712 2.083 104.011 2.639
201803 2.166 105.290 2.711
201806 2.151 106.317 2.666
201809 2.181 106.507 2.698
201812 2.286 105.998 2.842
201903 2.383 107.251 2.928
201906 2.354 108.070 2.870
201909 2.413 108.329 2.935
201912 2.505 108.420 3.045
202003 2.616 108.902 3.165
202006 2.590 108.767 3.138
202009 2.655 109.815 3.186
202012 2.760 109.897 3.309
202103 2.894 111.754 3.412
202106 3.225 114.631 3.707
202109 4.234 115.734 4.821
202112 5.204 117.630 5.830
202203 6.012 121.301 6.531
202206 5.450 125.017 5.745
202209 4.887 125.227 5.143
202212 4.990 125.222 5.251
202303 5.092 127.348 5.269
202306 4.801 128.729 4.915
202309 4.883 129.860 4.955
202312 5.050 129.419 5.142
202403 5.186 131.776 5.186

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.


Bangkok Chain Hospital  (BKK:BCH) 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.


Bangkok Chain Hospital Cyclically Adjusted PB Ratio Related Terms

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


Bangkok Chain Hospital (BKK:BCH) Business Description

Traded in Other Exchanges
Address
44 Moo 4, Chaengwattana Road, Pakkred, Nonthaburi, THA, 11120
Bangkok Chain Hospital PLC is engaged in operating private hospitals, nursing businesses to provide medical treatment to patients with a total of 15 chained hospitals in Bangkok vicinity, Chiang Rai, Saraburi, Nonthaburi, Pathumthani, Ayudhaya, Chachoengsao, Prachinburi, Sa Kaeo Province, and Lao People's Democratic Republic as well as selling healthy drinks, providing medical analysis and research services in operation rooms, and providing assets management services relevant to the hospital and property for rent. Its geographical segments are the Kingdom of Thailand and the Lao People's Democratic Republic.

Bangkok Chain Hospital (BKK:BCH) Headlines

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