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Hwa Fong Rubber (Thailand) PCL (BKK:HFT-R) Cyclically Adjusted PB Ratio : 0.74 (As of Jul. 16, 2025)


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What is Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-16), Hwa Fong Rubber (Thailand) PCL's current share price is ฿4.34562. Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿5.88. Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PB Ratio for today is 0.74.

The historical rank and industry rank for Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:HFT-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.96   Max: 2.32
Current: 0.8

During the past years, Hwa Fong Rubber (Thailand) PCL's highest Cyclically Adjusted PB Ratio was 2.32. The lowest was 0.64. And the median was 0.96.

BKK:HFT-R's Cyclically Adjusted PB Ratio is ranked better than
66.9% of 1021 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs BKK:HFT-R: 0.80

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.

Hwa Fong Rubber (Thailand) PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿5.609. 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 ฿5.88 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hwa Fong Rubber (Thailand) 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.

Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted PB Ratio Chart

Hwa Fong Rubber (Thailand) 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 1.36 2.05 1.37 0.88 0.78

Hwa Fong Rubber (Thailand) 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 0.79 0.83 0.87 0.78 0.67

Competitive Comparison of Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Hwa Fong Rubber (Thailand) 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.


Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PB Ratio falls into.


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Hwa Fong Rubber (Thailand) 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.

Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.34562/5.88
=0.74

* 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.

Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Hwa Fong Rubber (Thailand) 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)
=5.609/134.9266*134.9266
=5.609

Current CPI (Mar. 2025) = 134.9266.

Hwa Fong Rubber (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.186 100.684 4.270
201509 3.374 100.392 4.535
201512 3.546 99.792 4.794
201603 3.753 100.470 5.040
201606 3.549 101.688 4.709
201609 3.741 101.861 4.955
201612 3.886 101.863 5.147
201703 4.029 102.862 5.285
201706 4.026 103.349 5.256
201709 4.086 104.136 5.294
201712 4.148 104.011 5.381
201803 4.225 105.290 5.414
201806 4.094 106.317 5.196
201809 4.152 106.507 5.260
201812 4.237 105.998 5.393
201903 4.300 107.251 5.410
201906 4.212 108.070 5.259
201909 4.338 108.329 5.403
201912 4.477 108.420 5.572
202003 4.638 108.902 5.746
202006 4.531 108.767 5.621
202009 4.729 109.815 5.810
202012 4.940 109.897 6.065
202103 5.153 111.754 6.221
202106 5.035 114.631 5.926
202109 5.213 115.734 6.077
202112 5.375 117.630 6.165
202203 5.516 121.301 6.136
202206 5.282 125.017 5.701
202209 5.547 125.227 5.977
202212 5.486 125.222 5.911
202303 5.541 127.348 5.871
202306 5.290 128.729 5.545
202309 5.434 129.860 5.646
202312 5.485 129.419 5.718
202403 5.434 131.776 5.564
202406 5.600 132.554 5.700
202409 5.227 133.029 5.302
202412 5.504 133.157 5.577
202503 5.609 134.927 5.609

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.


Hwa Fong Rubber (Thailand) PCL  (BKK:HFT-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.


Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hwa Fong Rubber (Thailand) PCL Business Description

Traded in Other Exchanges
Address
No. 317 Moo 4, Soi 6C, Bangpoo Industrial Estate, Phraeksa Subdistrict, Mueang Samut Prakan District, Samut Prakarn, THA, 10280
Hwa Fong Rubber (Thailand) PCL is a Thailand-based company engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles, and small logistics vehicles such as trolley forklifts, golf carts, and hiking carts. The company operates in two reportable segments: Sale of goods and services, which derives maximum revenue, and Investment. Geographically, the company's business is spread across Asia, Europe, America, and Other regions. A majority of its revenue is generated from the local market.

Hwa Fong Rubber (Thailand) PCL Headlines

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