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BCPG PCL (BKK:BCPG) Cyclically Adjusted PB Ratio : 0.52 (As of May. 17, 2024)


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What is BCPG PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-17), BCPG PCL's current share price is ฿6.60. BCPG PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ฿12.76. BCPG PCL's Cyclically Adjusted PB Ratio for today is 0.52.

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

BKK:BCPG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.68   Max: 0.8
Current: 0.51

During the past 11 years, BCPG PCL's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.51. And the median was 0.68.

BKK:BCPG's Cyclically Adjusted PB Ratio is ranked better than
77.39% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.23 vs BKK:BCPG: 0.51

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.

BCPG PCL's adjusted book value per share data of for the fiscal year that ended in Dec23 was ฿9.867. 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 ฿12.76 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BCPG PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BCPG 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.

BCPG PCL Cyclically Adjusted PB Ratio Chart

BCPG 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 0.69

BCPG 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 - - - 0.69 -

Competitive Comparison of BCPG PCL's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, BCPG 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.


BCPG PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, BCPG PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BCPG 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.60/12.76
=0.52

* 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.

BCPG PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, BCPG PCL's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=9.867/129.4194*129.4194
=9.867

Current CPI (Dec23) = 129.4194.

BCPG PCL Annual Data

Book Value per Share CPI Adj_Book
201412 0.000 99.070 0.000
201512 29.889 99.792 38.763
201612 6.700 101.863 8.513
201712 6.994 104.011 8.703
201812 7.480 105.998 9.133
201912 7.652 108.420 9.134
202012 8.514 109.897 10.026
202112 9.385 117.630 10.326
202212 10.051 125.222 10.388
202312 9.867 129.419 9.867

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.


BCPG PCL  (BKK:BCPG) 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.


BCPG PCL Cyclically Adjusted PB Ratio Related Terms

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


BCPG PCL (BKK:BCPG) Business Description

Traded in Other Exchanges
Address
Sukhumvit Road, 2098 M Tower Building, 12th Floor, Phra Khanong Tai, Phrakanong, Bangkok, THA, 10260
BCPG PCL operates in clean and environmentally friendly renewable power businesses. The activities are production and distribution of electricity from green energy including other related products and services and investment in alternative energy business. Geographically, the business presence of BCPG is across Thailand and Japan of which Thailand accounts for the majority of the revenue source. The company generates revenue from electricity sales from solar energy.

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