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CH. Karnchang PCL (BKK:CK-F) Cyclically Adjusted PB Ratio : 1.36 (As of Jun. 16, 2024)


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What is CH. Karnchang PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-16), CH. Karnchang PCL's current share price is ฿22.80. CH. Karnchang PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿16.73. CH. Karnchang PCL's Cyclically Adjusted PB Ratio for today is 1.36.

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

BKK:CK-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.58   Max: 3.68
Current: 1.25

During the past years, CH. Karnchang PCL's highest Cyclically Adjusted PB Ratio was 3.68. The lowest was 1.13. And the median was 1.58.

BKK:CK-F's Cyclically Adjusted PB Ratio is ranked worse than
53.21% of 1276 companies
in the Construction industry
Industry Median: 1.08 vs BKK:CK-F: 1.25

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.

CH. Karnchang PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿15.161. 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 ฿16.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CH. Karnchang PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CH. Karnchang 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.

CH. Karnchang PCL Cyclically Adjusted PB Ratio Chart

CH. Karnchang 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 1.80 1.40 1.65 1.55 1.26

CH. Karnchang 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 1.29 1.19 1.26 1.26 1.36

Competitive Comparison of CH. Karnchang PCL's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, CH. Karnchang 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.


CH. Karnchang PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, CH. Karnchang PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CH. Karnchang 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.

CH. Karnchang PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.80/16.73
=1.36

* 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.

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

For example, CH. Karnchang 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)
=15.161/131.7762*131.7762
=15.161

Current CPI (Mar. 2024) = 131.7762.

CH. Karnchang PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.390 100.560 13.615
201409 11.210 100.428 14.709
201412 11.290 99.070 15.017
201503 11.191 99.621 14.803
201506 12.055 100.684 15.778
201509 11.639 100.392 15.278
201512 12.077 99.792 15.948
201603 12.067 100.470 15.827
201606 12.653 101.688 16.397
201609 12.507 101.861 16.180
201612 12.681 101.863 16.405
201703 12.765 102.862 16.353
201706 12.915 103.349 16.467
201709 13.065 104.136 16.533
201712 13.865 104.011 17.566
201803 13.877 105.290 17.368
201806 13.835 106.317 17.148
201809 14.840 106.507 18.361
201812 15.007 105.998 18.657
201903 15.152 107.251 18.617
201906 16.718 108.070 20.385
201909 16.087 108.329 19.569
201912 16.171 108.420 19.655
202003 15.166 108.902 18.352
202006 15.546 108.767 18.835
202009 16.020 109.815 19.224
202012 15.590 109.897 18.694
202103 15.470 111.754 18.242
202106 15.561 114.631 17.888
202109 15.600 115.734 17.762
202112 15.483 117.630 17.345
202203 15.546 121.301 16.889
202206 15.201 125.017 16.023
202209 14.856 125.227 15.633
202212 14.492 125.222 15.251
202303 14.454 127.348 14.957
202306 14.477 128.729 14.820
202309 14.814 129.860 15.033
202312 15.044 129.419 15.318
202403 15.161 131.776 15.161

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.


CH. Karnchang PCL  (BKK:CK-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.


CH. Karnchang PCL Cyclically Adjusted PB Ratio Related Terms

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


CH. Karnchang PCL (BKK:CK-F) Business Description

Traded in Other Exchanges
Address
587 Suthisarn Winitchai Road, Khwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CH. Karnchang PCL completes various construction and infrastructure projects. It accepts orders from government agencies, state enterprises, and private entities. The company operates as a main contractor, winning contracts through the bidding process and negotiations, or as a subcontractor for other entities. The company has two operating segments: construction & related service (the majority of total sales) and investment in the infrastructure business. Infrastructure projects are primarily related to transportation, water treatment systems, and energy production. In certain situations, Ch Karnchang receives concessions from government entities to build public systems and may receive the rights to continue operation upon completion. The majority of its revenue is derived from Thailand.

CH. Karnchang PCL (BKK:CK-F) Headlines

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