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Central Plaza Hotel PCL (BKK:CENTEL-R) Cyclically Adjusted PB Ratio : 1.98 (As of Jul. 09, 2025)


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What is Central Plaza Hotel PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-09), Central Plaza Hotel PCL's current share price is ฿26.92123. Central Plaza Hotel PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿13.59. Central Plaza Hotel PCL's Cyclically Adjusted PB Ratio for today is 1.98.

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

BKK:CENTEL-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 4.04   Max: 9.31
Current: 2.06

During the past years, Central Plaza Hotel PCL's highest Cyclically Adjusted PB Ratio was 9.31. The lowest was 1.56. And the median was 4.04.

BKK:CENTEL-R's Cyclically Adjusted PB Ratio is ranked worse than
62.6% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.36 vs BKK:CENTEL-R: 2.06

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.

Central Plaza Hotel PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿15.898. 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 ฿13.59 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Plaza Hotel PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Central Plaza Hotel 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.

Central Plaza Hotel PCL Cyclically Adjusted PB Ratio Chart

Central Plaza Hotel 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 2.95 3.36 4.73 3.79 2.77

Central Plaza Hotel 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 3.62 3.29 3.33 2.77 2.26

Competitive Comparison of Central Plaza Hotel PCL's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Central Plaza Hotel 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.


Central Plaza Hotel PCL's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Central Plaza Hotel PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Central Plaza Hotel 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.

Central Plaza Hotel PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.92123/13.59
=1.98

* 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.

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

For example, Central Plaza Hotel 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)
=15.898/134.9266*134.9266
=15.898

Current CPI (Mar. 2025) = 134.9266.

Central Plaza Hotel PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.435 100.684 11.304
201509 8.659 100.392 11.638
201512 6.833 99.792 9.239
201603 0.000 100.470 0.000
201606 7.167 101.688 9.510
201609 7.397 101.861 9.798
201612 7.707 101.863 10.209
201703 8.244 102.862 10.814
201706 7.980 103.349 10.418
201709 8.243 104.136 10.680
201712 8.549 104.011 11.090
201803 9.159 105.290 11.737
201806 8.895 106.317 11.289
201809 9.205 106.507 11.661
201812 9.557 105.998 12.165
201903 10.149 107.251 12.768
201906 9.634 108.070 12.028
201909 9.791 108.329 12.195
201912 10.126 108.420 12.602
202003 9.513 108.902 11.786
202006 9.062 108.767 11.241
202009 8.433 109.815 10.361
202012 7.350 109.897 9.024
202103 7.067 111.754 8.532
202106 13.799 114.631 16.242
202109 13.319 115.734 15.528
202112 13.390 117.630 15.359
202203 13.357 121.301 14.857
202206 13.510 125.017 14.581
202209 13.667 125.227 14.726
202212 13.717 125.222 14.780
202303 14.166 127.348 15.009
202306 14.400 128.729 15.093
202309 14.556 129.860 15.124
202312 14.574 129.419 15.194
202403 15.401 131.776 15.769
202406 15.164 132.554 15.435
202409 14.560 133.029 14.768
202412 15.344 133.157 15.548
202503 15.898 134.927 15.898

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.


Central Plaza Hotel PCL  (BKK:CENTEL-R) 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.


Central Plaza Hotel PCL Cyclically Adjusted PB Ratio Related Terms

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


Central Plaza Hotel PCL Business Description

Traded in Other Exchanges
Address
999/99 Rama 1 Road, 25th Floor, Centara Grand at CentralWorld, Pathumwan, Bangkok, THA, 10330
Central Plaza Hotel PCL is a resorts and casino company that is engaged in hotel operations. The company has two primary business segments: Hotel and Related Service Operation and Food and Ice-Cream Operations. The Hotel and Related Service Operation segment manages a variety of hotels and resorts. The Food and Ice-Cream Operations segment manages fast food and quick-service restaurants. The business is a franchisee of fast food restaurant chains. The company earns the vast majority of its revenue in Thailand and also has its presence in Japan and Republic of Maldives.

Central Plaza Hotel PCL Headlines

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