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CI Group PCL (BKK:CIG) Cyclically Adjusted PB Ratio : 0.08 (As of May. 27, 2024)


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What is CI Group PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-27), CI Group PCL's current share price is ฿0.06. CI Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.78. CI Group PCL's Cyclically Adjusted PB Ratio for today is 0.08.

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

BKK:CIG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.34   Max: 1.05
Current: 0.08

During the past years, CI Group PCL's highest Cyclically Adjusted PB Ratio was 1.05. The lowest was 0.06. And the median was 0.34.

BKK:CIG's Cyclically Adjusted PB Ratio is ranked better than
98.61% of 1875 companies
in the Hardware industry
Industry Median: 1.66 vs BKK:CIG: 0.08

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.

CI Group PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿0.259. 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 ฿0.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CI Group PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CI Group 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.

CI Group PCL Cyclically Adjusted PB Ratio Chart

CI Group 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 0.24 0.27 0.93 0.60 0.15

CI Group 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 0.70 0.32 0.26 0.15 0.09

Competitive Comparison of CI Group PCL's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, CI Group 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.


CI Group PCL's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CI Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CI Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.06/0.78
=0.08

* 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.

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

For example, CI Group 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)
=0.259/131.7762*131.7762
=0.259

Current CPI (Mar. 2024) = 131.7762.

CI Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.742 100.560 0.972
201409 0.759 100.428 0.996
201412 0.921 99.070 1.225
201503 0.920 99.621 1.217
201506 0.923 100.684 1.208
201509 0.931 100.392 1.222
201512 0.914 99.792 1.207
201603 0.912 100.470 1.196
201606 0.902 101.688 1.169
201609 0.907 101.861 1.173
201612 0.912 101.863 1.180
201703 0.905 102.862 1.159
201706 0.893 103.349 1.139
201709 0.895 104.136 1.133
201712 0.869 104.011 1.101
201803 0.870 105.290 1.089
201806 0.863 106.317 1.070
201809 0.867 106.507 1.073
201812 0.808 105.998 1.005
201903 0.813 107.251 0.999
201906 0.732 108.070 0.893
201909 0.778 108.329 0.946
201912 0.570 108.420 0.693
202003 0.510 108.902 0.617
202006 0.483 108.767 0.585
202009 0.445 109.815 0.534
202012 0.419 109.897 0.502
202103 0.380 111.754 0.448
202106 0.372 114.631 0.428
202109 0.313 115.734 0.356
202112 0.272 117.630 0.305
202203 0.260 121.301 0.282
202206 0.229 125.017 0.241
202209 0.195 125.227 0.205
202212 0.130 125.222 0.137
202303 0.305 127.348 0.316
202306 0.391 128.729 0.400
202309 0.379 129.860 0.385
202312 0.305 129.419 0.311
202403 0.259 131.776 0.259

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.


CI Group PCL  (BKK:CIG) 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.


CI Group PCL Cyclically Adjusted PB Ratio Related Terms

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


CI Group PCL (BKK:CIG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1/1, Moo 7, Bangkoowad Road, Tambol Bangkoowad, Amphor Muang, Pathumthani, THA, 12000
CI Group PCL is a Thailand-based company primarily engaged in the manufacturing and distribution of coils for air conditioners. Its products include evaporator coils, condenser coils, chilled water coils, which are the components of air conditioners, chillers, heat exchangers, and other kinds of cooling units. The company operates in the segments of Air-conditioning products and parts that manufactures and distributes air-conditioning and refrigeration units and parts, including maintenance, inspection services; Hotel services, and Construction services segment. The majority of the revenue is derived from the Air-conditioning products segment.