GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Halcyon Technology PCL (BKK:HTECH-R) » Definitions » Cyclically Adjusted PB Ratio

Halcyon Technology PCL (BKK:HTECH-R) Cyclically Adjusted PB Ratio : 0.58 (As of Jul. 09, 2025)


View and export this data going back to 2009. Start your Free Trial

What is Halcyon Technology PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-09), Halcyon Technology PCL's current share price is ฿2.62. Halcyon Technology PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿4.50. Halcyon Technology PCL's Cyclically Adjusted PB Ratio for today is 0.58.

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

BKK:HTECH-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.08   Max: 3.07
Current: 0.62

During the past years, Halcyon Technology PCL's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 0.48. And the median was 1.08.

BKK:HTECH-R's Cyclically Adjusted PB Ratio is ranked better than
84.88% of 2229 companies
in the Industrial Products industry
Industry Median: 2.11 vs BKK:HTECH-R: 0.62

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.

Halcyon Technology PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿4.527. 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 ฿4.50 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Halcyon Technology PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Halcyon Technology 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.

Halcyon Technology PCL Cyclically Adjusted PB Ratio Chart

Halcyon Technology 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 1.04 1.82 1.07 0.56 0.87

Halcyon Technology 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 0.54 0.81 0.98 0.87 0.73

Competitive Comparison of Halcyon Technology PCL's Cyclically Adjusted PB Ratio

For the Tools & Accessories subindustry, Halcyon Technology 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.


Halcyon Technology PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Halcyon Technology PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Halcyon Technology 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.

Halcyon Technology PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.62/4.50
=0.58

* 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.

Halcyon Technology PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Halcyon Technology 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)
=4.527/134.9266*134.9266
=4.527

Current CPI (Mar. 2025) = 134.9266.

Halcyon Technology PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.449 100.684 3.282
201509 2.471 100.392 3.321
201512 2.593 99.792 3.506
201603 2.673 100.470 3.590
201606 2.709 101.688 3.594
201609 2.757 101.861 3.652
201612 3.062 101.863 4.056
201703 3.166 102.862 4.153
201706 3.191 103.349 4.166
201709 3.206 104.136 4.154
201712 3.288 104.011 4.265
201803 3.392 105.290 4.347
201806 3.462 106.317 4.394
201809 3.487 106.507 4.417
201812 3.614 105.998 4.600
201903 3.647 107.251 4.588
201906 3.534 108.070 4.412
201909 3.563 108.329 4.438
201912 3.566 108.420 4.438
202003 3.628 108.902 4.495
202006 3.598 108.767 4.463
202009 3.682 109.815 4.524
202012 3.640 109.897 4.469
202103 3.856 111.754 4.656
202106 3.907 114.631 4.599
202109 3.923 115.734 4.574
202112 4.033 117.630 4.626
202203 4.150 121.301 4.616
202206 4.255 125.017 4.592
202209 4.321 125.227 4.656
202212 4.208 125.222 4.534
202303 4.219 127.348 4.470
202306 4.201 128.729 4.403
202309 4.227 129.860 4.392
202312 4.167 129.419 4.344
202403 4.330 131.776 4.434
202406 4.413 132.554 4.492
202409 4.278 133.029 4.339
202412 4.448 133.157 4.507
202503 4.527 134.927 4.527

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.


Halcyon Technology PCL  (BKK:HTECH-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.


Halcyon Technology PCL Cyclically Adjusted PB Ratio Related Terms

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


Halcyon Technology PCL Business Description

Traded in Other Exchanges
Address
Soi 6, Serithai Road, 41 Moo 14 Bangchan Industrial Estate, Minburi, Bangkok, THA, 10510
Halcyon Technology PCL is engaged in the production and selling of cutting tools, jig and fixtures, and custom metallic devices. The company specializes in the design and manufacture of polycrystalline diamond (PCD) cutting tools required by high-precision works. Its product portfolio includes products like PCD boring tools, PCD end mill tools, PCD inserts, PCD brazing tools, PCD reamers, PCD hollow tools, PCD drills, and carbide cutting tools. It operates in three segments, Manufacturing and selling of customized cutting tools which is the prime revenue-driving segment; Importing and selling of cutting tools; and Manufacturing and selling of high-precision metal fabricated products.

Halcyon Technology PCL Headlines

No Headlines