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Chow Bright Ventures Holdings PCL (BKK:CHOW-R) Cyclically Adjusted PB Ratio : 0.63 (As of Jun. 30, 2025)


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What is Chow Bright Ventures Holdings PCL Cyclically Adjusted PB Ratio?

As of today (2025-06-30), Chow Bright Ventures Holdings PCL's current share price is ฿1.30. Chow Bright Ventures Holdings PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿2.07. Chow Bright Ventures Holdings PCL's Cyclically Adjusted PB Ratio for today is 0.63.

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

BKK:CHOW-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.5   Max: 3.23
Current: 0.37

During the past years, Chow Bright Ventures Holdings PCL's highest Cyclically Adjusted PB Ratio was 3.23. The lowest was 0.37. And the median was 1.50.

BKK:CHOW-R's Cyclically Adjusted PB Ratio is ranked better than
81.82% of 517 companies
in the Steel industry
Industry Median: 0.87 vs BKK:CHOW-R: 0.37

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.

Chow Bright Ventures Holdings PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿2.661. 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 ฿2.07 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chow Bright Ventures Holdings PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chow Bright Ventures Holdings 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.

Chow Bright Ventures Holdings PCL Cyclically Adjusted PB Ratio Chart

Chow Bright Ventures Holdings 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 2.21 2.09 1.92 0.79 0.88

Chow Bright Ventures Holdings 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 1.48 1.39 1.27 0.88 0.63

Competitive Comparison of Chow Bright Ventures Holdings PCL's Cyclically Adjusted PB Ratio

For the Steel subindustry, Chow Bright Ventures Holdings 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.


Chow Bright Ventures Holdings PCL's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chow Bright Ventures Holdings PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chow Bright Ventures Holdings PCL's Cyclically Adjusted PB Ratio falls into.


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Chow Bright Ventures Holdings 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.

Chow Bright Ventures Holdings PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.30/2.07
=0.63

* 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.

Chow Bright Ventures Holdings PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Chow Bright Ventures Holdings 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)
=2.661/134.9266*134.9266
=2.661

Current CPI (Mar. 2025) = 134.9266.

Chow Bright Ventures Holdings PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.629 100.684 2.183
201509 1.675 100.392 2.251
201512 1.510 99.792 2.042
201603 1.583 100.470 2.126
201606 1.643 101.688 2.180
201609 1.706 101.861 2.260
201612 1.595 101.863 2.113
201703 1.530 102.862 2.007
201706 1.615 103.349 2.108
201709 1.649 104.136 2.137
201712 1.774 104.011 2.301
201803 1.692 105.290 2.168
201806 1.959 106.317 2.486
201809 1.879 106.507 2.380
201812 1.656 105.998 2.108
201903 1.607 107.251 2.022
201906 1.564 108.070 1.953
201909 1.475 108.329 1.837
201912 1.295 108.420 1.612
202003 1.155 108.902 1.431
202006 1.129 108.767 1.401
202009 1.078 109.815 1.325
202012 1.028 109.897 1.262
202103 0.916 111.754 1.106
202106 0.977 114.631 1.150
202109 0.952 115.734 1.110
202112 0.896 117.630 1.028
202203 2.251 121.301 2.504
202206 2.159 125.017 2.330
202209 2.130 125.227 2.295
202212 2.118 125.222 2.282
202303 2.069 127.348 2.192
202306 1.983 128.729 2.078
202309 2.350 129.860 2.442
202312 2.491 129.419 2.597
202403 2.591 131.776 2.653
202406 2.616 132.554 2.663
202409 2.612 133.029 2.649
202412 2.630 133.157 2.665
202503 2.661 134.927 2.661

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.


Chow Bright Ventures Holdings PCL  (BKK:CHOW-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.


Chow Bright Ventures Holdings PCL Cyclically Adjusted PB Ratio Related Terms

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


Chow Bright Ventures Holdings PCL Business Description

Traded in Other Exchanges
Address
2525 FYI Center, Rama 4 Road, Tower 2, 10th Floor, Unit 2/1007-1008, Khlongtoei Sub-district, Khlongtoei District, Bangkok, THA, 10110
Chow Bright Ventures Holdings PCL Formerly Chow Steel Industries PCL is engaged in the business of manufacturing and distribution of steel billet and renewable energy. Its products are used for the production of round bars, deformed bars, and wire rods. Geographically all the business activity functions through Thailand. The business activity of the company is operated through five segments which are Original Equipment Manufacturer (OEM) business, Trading of steel billets business, Investment in renewable power plant business, Consultancy on investments related to the renewable energy business, Cryptocurrency business and Other businesses. The company offers its products to both Thailand and overseas markets.

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