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Charoong Thai Wire & Cable PCL (BKK:CTW) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 19, 2024)


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What is Charoong Thai Wire & Cable PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Charoong Thai Wire & Cable PCL's current share price is ฿4.56. Charoong Thai Wire & Cable PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿12.46. Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio for today is 0.37.

The historical rank and industry rank for Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:CTW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.54   Max: 0.86
Current: 0.38

During the past years, Charoong Thai Wire & Cable PCL's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.35. And the median was 0.54.

BKK:CTW's Cyclically Adjusted PB Ratio is ranked better than
93.32% of 2185 companies
in the Industrial Products industry
Industry Median: 1.84 vs BKK:CTW: 0.38

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.

Charoong Thai Wire & Cable PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿9.721. 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 ฿12.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Charoong Thai Wire & Cable PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Charoong Thai Wire & Cable 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.

Charoong Thai Wire & Cable PCL Cyclically Adjusted PB Ratio Chart

Charoong Thai Wire & Cable 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 0.48 0.60 0.71 0.48 0.37

Charoong Thai Wire & Cable 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 0.45 0.40 0.36 0.37 0.38

Competitive Comparison of Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Charoong Thai Wire & Cable 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.


Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio falls into.



Charoong Thai Wire & Cable 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.

Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.56/12.46
=0.37

* 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.

Charoong Thai Wire & Cable PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Charoong Thai Wire & Cable 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)
=9.721/131.7762*131.7762
=9.721

Current CPI (Mar. 2024) = 131.7762.

Charoong Thai Wire & Cable PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.437 100.560 13.677
201409 10.614 100.428 13.927
201412 10.427 99.070 13.869
201503 10.441 99.621 13.811
201506 9.994 100.684 13.080
201509 9.962 100.392 13.076
201512 9.830 99.792 12.981
201603 9.803 100.470 12.858
201606 10.062 101.688 13.039
201609 10.170 101.861 13.157
201612 10.316 101.863 13.345
201703 10.423 102.862 13.353
201706 10.185 103.349 12.986
201709 10.584 104.136 13.393
201712 10.652 104.011 13.495
201803 10.822 105.290 13.544
201806 10.747 106.317 13.321
201809 10.895 106.507 13.480
201812 10.983 105.998 13.654
201903 11.075 107.251 13.608
201906 10.483 108.070 12.783
201909 10.574 108.329 12.863
201912 10.649 108.420 12.943
202003 10.721 108.902 12.973
202006 10.753 108.767 13.028
202009 11.074 109.815 13.289
202012 11.274 109.897 13.519
202103 11.213 111.754 13.222
202106 10.955 114.631 12.593
202109 10.884 115.734 12.393
202112 9.882 117.630 11.070
202203 9.594 121.301 10.423
202206 9.621 125.017 10.141
202209 9.761 125.227 10.272
202212 9.795 125.222 10.308
202303 9.741 127.348 10.080
202306 9.387 128.729 9.609
202309 9.445 129.860 9.584
202312 9.604 129.419 9.779
202403 9.721 131.776 9.721

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.


Charoong Thai Wire & Cable PCL  (BKK:CTW) 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.


Charoong Thai Wire & Cable PCL Cyclically Adjusted PB Ratio Related Terms

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


Charoong Thai Wire & Cable PCL (BKK:CTW) Business Description

Traded in Other Exchanges
N/A
Address
Debaratana Road, 589/71 Central City Tower, 12A Floor, North Bangna, Bangna, Bangkok, THA, 10260
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment which consists of aluminum conductor power cable, copper conductor power cable and high voltage power cable, communication cable segment, enameled and non-enameled wire segment which consist of enameled copper wire, enameled aluminum wire and non-enameled copper wire, and fiber optic cable segment. The company derives a majority of its revenue from the enameled and non-enameled wire segments.

Charoong Thai Wire & Cable PCL (BKK:CTW) Headlines

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