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Country Group Development PCL (BKK:CGD) Cyclically Adjusted PB Ratio : 0.40 (As of Jan. 18, 2025)


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What is Country Group Development PCL Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Country Group Development PCL's current share price is ฿0.29. Country Group Development PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ฿0.73. Country Group Development PCL's Cyclically Adjusted PB Ratio for today is 0.40.

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

BKK:CGD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.86   Max: 3.12
Current: 0.43

During the past years, Country Group Development PCL's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 0.42. And the median was 0.86.

BKK:CGD's Cyclically Adjusted PB Ratio is ranked better than
66.5% of 1370 companies
in the Real Estate industry
Industry Median: 0.7 vs BKK:CGD: 0.43

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.

Country Group Development PCL's adjusted book value per share data for the three months ended in Sep. 2024 was ฿0.508. 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 ฿0.73 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Country Group Development PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Country Group Development 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.

Country Group Development PCL Cyclically Adjusted PB Ratio Chart

Country Group Development 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 1.58 1.03 0.75 0.61 0.45

Country Group Development PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.47 0.45 0.48 0.48 0.45

Competitive Comparison of Country Group Development PCL's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Country Group Development 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.


Country Group Development PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Group Development PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Country Group Development 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.

Country Group Development PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.29/0.73
=0.40

* 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.

Country Group Development PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Country Group Development PCL's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.508/133.0289*133.0289
=0.508

Current CPI (Sep. 2024) = 133.0289.

Country Group Development PCL Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.682 99.070 0.916
201503 0.669 99.621 0.893
201506 0.659 100.684 0.871
201509 0.840 100.392 1.113
201512 0.764 99.792 1.018
201603 0.760 100.470 1.006
201606 0.796 101.688 1.041
201609 0.775 101.861 1.012
201612 0.759 101.863 0.991
201703 0.747 102.862 0.966
201706 0.675 103.349 0.869
201709 0.664 104.136 0.848
201712 0.673 104.011 0.861
201803 0.671 105.290 0.848
201806 0.639 106.317 0.800
201809 0.628 106.507 0.784
201812 0.599 105.998 0.752
201903 0.604 107.251 0.749
201906 0.602 108.070 0.741
201909 0.575 108.329 0.706
201912 0.565 108.420 0.693
202003 0.480 108.902 0.586
202006 0.519 108.767 0.635
202009 0.513 109.815 0.621
202012 0.522 109.897 0.632
202103 0.512 111.754 0.609
202106 0.467 114.631 0.542
202109 0.438 115.734 0.503
202112 0.494 117.630 0.559
202203 0.499 121.301 0.547
202206 0.513 125.017 0.546
202209 0.515 125.227 0.547
202212 0.502 125.222 0.533
202303 0.511 127.348 0.534
202306 0.521 128.729 0.538
202309 0.524 129.860 0.537
202312 0.517 129.419 0.531
202403 0.516 131.776 0.521
202406 0.513 132.554 0.515
202409 0.508 133.029 0.508

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.


Country Group Development PCL  (BKK:CGD) 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.


Country Group Development PCL Cyclically Adjusted PB Ratio Related Terms

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


Country Group Development PCL Business Description

Traded in Other Exchanges
Address
Ploenchit Road, Lumpini, 898 Ploenchit Tower, 20th floor, PathumWan, Bangkok, THA, 10330
Country Group Development PCL is a holding company investing in real estate. It operates in the business segments of Real estate development and investment property. The company's project includes Elements Srinakarin, Four Seasons private residences, Four Seasons Hotel, Capella, Anchorage Point, Rama III Residence, Chao Phraya Estate Project, and others. The firm derives its revenue from the Real estate development segment.

Country Group Development PCL Headlines

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