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Bangsaphan Barmill PCL (BKK:BSBM-F) Cyclically Adjusted PB Ratio : 0.38 (As of May. 17, 2024)


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What is Bangsaphan Barmill PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Bangsaphan Barmill PCL's current share price is ฿0.81. Bangsaphan Barmill PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿2.14. Bangsaphan Barmill PCL's Cyclically Adjusted PB Ratio for today is 0.38.

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

BKK:BSBM-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.49   Max: 1.12
Current: 0.36

During the past years, Bangsaphan Barmill PCL's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.34. And the median was 0.49.

BKK:BSBM-F's Cyclically Adjusted PB Ratio is ranked better than
85.12% of 457 companies
in the Steel industry
Industry Median: 0.91 vs BKK:BSBM-F: 0.36

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.

Bangsaphan Barmill PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿1.617. 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 ฿2.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangsaphan Barmill PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bangsaphan Barmill 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.

Bangsaphan Barmill PCL Cyclically Adjusted PB Ratio Chart

Bangsaphan Barmill 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 0.50 0.57 0.82 0.48 0.36

Bangsaphan Barmill 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 0.43 0.37 0.36 0.36 0.38

Competitive Comparison of Bangsaphan Barmill PCL's Cyclically Adjusted PB Ratio

For the Steel subindustry, Bangsaphan Barmill 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.


Bangsaphan Barmill PCL's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bangsaphan Barmill PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bangsaphan Barmill 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.81/2.14
=0.38

* 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.

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

For example, Bangsaphan Barmill 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)
=1.617/131.7762*131.7762
=1.617

Current CPI (Mar. 2024) = 131.7762.

Bangsaphan Barmill PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.680 100.560 2.202
201409 1.658 100.428 2.176
201412 1.637 99.070 2.177
201503 1.599 99.621 2.115
201506 1.599 100.684 2.093
201509 1.580 100.392 2.074
201512 1.561 99.792 2.061
201603 1.623 100.470 2.129
201606 1.742 101.688 2.257
201609 1.690 101.861 2.186
201612 1.716 101.863 2.220
201703 1.752 102.862 2.244
201706 1.730 103.349 2.206
201709 1.694 104.136 2.144
201712 1.713 104.011 2.170
201803 1.722 105.290 2.155
201806 1.680 106.317 2.082
201809 1.690 106.507 2.091
201812 1.692 105.998 2.103
201903 1.692 107.251 2.079
201906 1.690 108.070 2.061
201909 1.702 108.329 2.070
201912 1.665 108.420 2.024
202003 1.703 108.902 2.061
202006 1.718 108.767 2.081
202009 1.691 109.815 2.029
202012 1.708 109.897 2.048
202103 1.745 111.754 2.058
202106 1.726 114.631 1.984
202109 1.677 115.734 1.909
202112 1.682 117.630 1.884
202203 1.692 121.301 1.838
202206 1.707 125.017 1.799
202209 1.674 125.227 1.762
202212 1.665 125.222 1.752
202303 1.662 127.348 1.720
202306 1.636 128.729 1.675
202309 1.630 129.860 1.654
202312 1.622 129.419 1.652
202403 1.617 131.776 1.617

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.


Bangsaphan Barmill PCL  (BKK:BSBM-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.


Bangsaphan Barmill PCL Cyclically Adjusted PB Ratio Related Terms

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Bangsaphan Barmill PCL (BKK:BSBM-F) Business Description

Traded in Other Exchanges
Address
Surasak Road, Kwang Silom, 28/1 Prapawit building, 8th Floor, Khet Bangrak, Bangkok, THA, 10500
Bangsaphan Barmill PCL is a Thailand-based company which is involved in the steel business. The company manufactures and distributes Deformed and Round steel bars as their primary products. The source of revenue for this company is sales of the primary product as well as sales of scrap material.

Bangsaphan Barmill PCL (BKK:BSBM-F) Headlines

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