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CPL Group PCL (BKK:CPL) Cyclically Adjusted PB Ratio : 0.41 (As of Jun. 11, 2024)


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What is CPL Group PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-11), CPL Group PCL's current share price is ฿1.36. CPL Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿3.33. CPL Group PCL's Cyclically Adjusted PB Ratio for today is 0.41.

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

BKK:CPL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.57   Max: 1.44
Current: 0.41

During the past years, CPL Group PCL's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.21. And the median was 0.57.

BKK:CPL's Cyclically Adjusted PB Ratio is ranked better than
81.74% of 838 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs BKK:CPL: 0.41

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.

CPL Group PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿1.883. 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 ฿3.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CPL Group PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CPL 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.

CPL Group PCL Cyclically Adjusted PB Ratio Chart

CPL 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 0.25 0.36 0.58 0.63 0.43

CPL 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 0.76 0.62 0.58 0.43 0.43

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

For the Footwear & Accessories subindustry, CPL 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.


CPL Group PCL's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CPL Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CPL 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.36/3.33
=0.41

* 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.

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

For example, CPL 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)
=1.883/131.7762*131.7762
=1.883

Current CPI (Mar. 2024) = 131.7762.

CPL Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.563 100.560 4.669
201409 3.636 100.428 4.771
201412 3.699 99.070 4.920
201503 3.831 99.621 5.068
201506 3.656 100.684 4.785
201509 3.662 100.392 4.807
201512 4.453 99.792 5.880
201603 3.446 100.470 4.520
201606 3.370 101.688 4.367
201609 3.382 101.861 4.375
201612 4.224 101.863 5.464
201703 4.394 102.862 5.629
201706 2.815 103.349 3.589
201709 2.775 104.136 3.512
201712 2.444 104.011 3.096
201803 2.435 105.290 3.048
201806 2.437 106.317 3.021
201809 2.468 106.507 3.054
201812 2.466 105.998 3.066
201903 2.402 107.251 2.951
201906 2.333 108.070 2.845
201909 2.301 108.329 2.799
201912 2.080 108.420 2.528
202003 2.091 108.902 2.530
202006 2.143 108.767 2.596
202009 2.112 109.815 2.534
202012 2.128 109.897 2.552
202103 2.218 111.754 2.615
202106 2.254 114.631 2.591
202109 2.240 115.734 2.550
202112 2.265 117.630 2.537
202203 2.323 121.301 2.524
202206 2.246 125.017 2.367
202209 2.298 125.227 2.418
202212 2.259 125.222 2.377
202303 2.187 127.348 2.263
202306 2.149 128.729 2.200
202309 2.042 129.860 2.072
202312 1.860 129.419 1.894
202403 1.883 131.776 1.883

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.


CPL Group PCL  (BKK:CPL) 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.


CPL Group PCL Cyclically Adjusted PB Ratio Related Terms

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


CPL Group PCL (BKK:CPL) Business Description

Traded in Other Exchanges
N/A
Address
700 Moo 6 Sukhumvit Road, Bangpoo-Mai, Mueang Samutprakran, Samutprakarn, THA, 10280
CPL Group PCL is a leather manufacturer. It is engaged in the manufacturing and distribution of leather products, rendering of tanning service and manufacturing and distribution of personal protective equipment. Its product range includes Full Grain Leather and Suede Split Leather. Its leather is Nubuck Leather, Oil & Wax Leather, Pigment Leather, Sued Leather and Water Proof Leather. Its products manufactured for delivery to domestic and foreign shoe factories. The company's segments are Tannery industry segment which has revenue from sales of finished leather products and rendering service of tanning and Personal protective equipment segment which has revenue from sales of personal protective equipment products.