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Chai Watana Tannery Group PCL (BKK:CWT-R) Cyclically Adjusted PB Ratio : 0.27 (As of Jul. 17, 2025)


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What is Chai Watana Tannery Group PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-17), Chai Watana Tannery Group PCL's current share price is ฿0.76. Chai Watana Tannery Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿2.85. Chai Watana Tannery Group PCL's Cyclically Adjusted PB Ratio for today is 0.27.

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

BKK:CWT-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 1.04   Max: 1.83
Current: 0.27

During the past years, Chai Watana Tannery Group PCL's highest Cyclically Adjusted PB Ratio was 1.83. The lowest was 0.17. And the median was 1.04.

BKK:CWT-R's Cyclically Adjusted PB Ratio is ranked better than
93.73% of 1021 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs BKK:CWT-R: 0.27

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.

Chai Watana Tannery Group PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿2.791. 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 ฿2.85 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chai Watana Tannery Group PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chai Watana Tannery 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.

Chai Watana Tannery Group PCL Cyclically Adjusted PB Ratio Chart

Chai Watana Tannery Group 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 1.05 1.45 0.98 0.55 0.34

Chai Watana Tannery Group 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 0.49 0.44 0.44 0.34 0.19

Competitive Comparison of Chai Watana Tannery Group PCL's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Chai Watana Tannery 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.


Chai Watana Tannery Group PCL's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chai Watana Tannery Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Chai Watana Tannery 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.

Chai Watana Tannery Group PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.76/2.85
=0.27

* 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.

Chai Watana Tannery Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Chai Watana Tannery Group 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)
=2.791/134.9266*134.9266
=2.791

Current CPI (Mar. 2025) = 134.9266.

Chai Watana Tannery Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.161 100.684 2.896
201509 2.224 100.392 2.989
201512 2.086 99.792 2.820
201603 2.002 100.470 2.689
201606 1.839 101.688 2.440
201609 1.852 101.861 2.453
201612 2.005 101.863 2.656
201703 2.056 102.862 2.697
201706 2.084 103.349 2.721
201709 2.129 104.136 2.759
201712 2.087 104.011 2.707
201803 2.138 105.290 2.740
201806 2.148 106.317 2.726
201809 2.199 106.507 2.786
201812 2.233 105.998 2.842
201903 2.302 107.251 2.896
201906 2.343 108.070 2.925
201909 2.344 108.329 2.920
201912 2.363 108.420 2.941
202003 2.286 108.902 2.832
202006 2.312 108.767 2.868
202009 2.327 109.815 2.859
202012 2.419 109.897 2.970
202103 2.508 111.754 3.028
202106 2.571 114.631 3.026
202109 2.632 115.734 3.068
202112 2.642 117.630 3.030
202203 2.763 121.301 3.073
202206 2.839 125.017 3.064
202209 2.899 125.227 3.124
202212 3.133 125.222 3.376
202303 3.133 127.348 3.319
202306 3.069 128.729 3.217
202309 3.056 129.860 3.175
202312 2.777 129.419 2.895
202403 2.938 131.776 3.008
202406 2.931 132.554 2.983
202409 2.971 133.029 3.013
202412 2.763 133.157 2.800
202503 2.791 134.927 2.791

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.


Chai Watana Tannery Group PCL  (BKK:CWT-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.


Chai Watana Tannery Group PCL Cyclically Adjusted PB Ratio Related Terms

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


Chai Watana Tannery Group PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit Road, 176/1, 1480 Moo 1 Tannery Industrial District (K.M. 30), Thambon Thaiban, Amphur Maung, Samudprakarn, THA, 10280
Chai Watana Tannery Group PCL is a Thailand-based manufacturing company. The company is principally engaged in six reportable segments: Tannery hide, automotive leather cutting, dog chew and furniture cutting, Renewable energy: generate and sell of electricity from alternative energy including provide services on waste disposal plant and generate electricity from waste. Design and distribution of boat and minibus made from aluminum. The majority of its revenue is from it's Energy segment.

Chai Watana Tannery Group PCL Headlines

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