GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hydrotek PCL (BKK:HYDRO) » Definitions » Cyclically Adjusted PB Ratio

Hydrotek PCL (BKK:HYDRO) Cyclically Adjusted PB Ratio : 0.14 (As of Jan. 19, 2025)


View and export this data going back to 2011. Start your Free Trial

What is Hydrotek PCL Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Hydrotek PCL's current share price is ฿0.14. Hydrotek PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ฿0.98. Hydrotek PCL's Cyclically Adjusted PB Ratio for today is 0.14.

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

BKK:HYDRO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.34   Max: 1.37
Current: 0.11

During the past years, Hydrotek PCL's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.10. And the median was 0.34.

BKK:HYDRO's Cyclically Adjusted PB Ratio is ranked better than
96.9% of 1226 companies
in the Construction industry
Industry Median: 1.19 vs BKK:HYDRO: 0.11

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.

Hydrotek PCL's adjusted book value per share data for the three months ended in Sep. 2024 was ฿0.011. 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 ฿0.98 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hydrotek PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hydrotek 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.

Hydrotek PCL Cyclically Adjusted PB Ratio Chart

Hydrotek 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 - - 1.17 0.45 0.19

Hydrotek PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.26 0.19 0.17 0.29 0.27

Competitive Comparison of Hydrotek PCL's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Hydrotek 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.


Hydrotek PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hydrotek PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hydrotek 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.14/0.98
=0.14

* 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.

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

For example, Hydrotek PCL's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.011/133.0289*133.0289
=0.011

Current CPI (Sep. 2024) = 133.0289.

Hydrotek PCL Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.840 99.070 3.813
201503 2.536 99.621 3.386
201506 2.334 100.684 3.084
201509 2.395 100.392 3.174
201512 1.952 99.792 2.602
201603 1.677 100.470 2.220
201606 1.572 101.688 2.056
201609 1.059 101.861 1.383
201612 0.686 101.863 0.896
201703 0.609 102.862 0.788
201706 0.498 103.349 0.641
201709 0.338 104.136 0.432
201712 1.828 104.011 2.338
201803 1.406 105.290 1.776
201806 1.249 106.317 1.563
201809 2.207 106.507 2.757
201812 1.412 105.998 1.772
201903 1.026 107.251 1.273
201906 0.598 108.070 0.736
201909 0.242 108.329 0.297
201912 -0.148 108.420 -0.182
202003 -0.237 108.902 -0.290
202006 0.004 108.767 0.005
202009 -0.089 109.815 -0.108
202012 0.011 109.897 0.013
202103 0.032 111.754 0.038
202106 0.008 114.631 0.009
202109 -0.003 115.734 -0.003
202112 0.348 117.630 0.394
202203 0.421 121.301 0.462
202206 0.390 125.017 0.415
202209 0.299 125.227 0.318
202212 0.239 125.222 0.254
202303 0.206 127.348 0.215
202306 0.165 128.729 0.171
202309 0.131 129.860 0.134
202312 0.057 129.419 0.059
202403 0.118 131.776 0.119
202406 0.085 132.554 0.085
202409 0.011 133.029 0.011

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.


Hydrotek PCL  (BKK:HYDRO) 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.


Hydrotek PCL Cyclically Adjusted PB Ratio Related Terms

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


Hydrotek PCL Business Description

Industry
Traded in Other Exchanges
Address
Soi Vibhavadee-Rangsit 19, TP&T Tower 1, 14th Floor, Chatuchak Subdistrict, Chatuchak District, Bangkok, THA, 10900
Hydrotek PCL is engaged in the construction and management of water treatment and wastewater treatment systems, waste management systems, and the selling of related supplies. The company has four operating segments which consist of the construction service segment, operation and maintenance service segment, water operator of the water treatment plant and wastewater treatment plant, and other segments that consist of design and procure equipment.

Hydrotek PCL Headlines

No Headlines