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Thai Ha PCL (BKK:KASET) Cyclically Adjusted PB Ratio : 0.58 (As of Jan. 19, 2025)


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What is Thai Ha PCL Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Thai Ha PCL's current share price is ฿0.80. Thai Ha PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ฿1.39. Thai Ha PCL's Cyclically Adjusted PB Ratio for today is 0.58.

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

BKK:KASET' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.2   Max: 1.9
Current: 0.58

During the past years, Thai Ha PCL's highest Cyclically Adjusted PB Ratio was 1.90. The lowest was 0.58. And the median was 1.20.

BKK:KASET's Cyclically Adjusted PB Ratio is ranked better than
79.64% of 1272 companies
in the Consumer Packaged Goods industry
Industry Median: 1.38 vs BKK:KASET: 0.58

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.

Thai Ha PCL's adjusted book value per share data for the three months ended in Sep. 2024 was ฿0.947. 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 ฿1.39 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Ha PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thai Ha 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.

Thai Ha PCL Cyclically Adjusted PB Ratio Chart

Thai Ha 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 0.85 0.77 1.24 1.19 1.02

Thai Ha 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 1.05 1.02 0.92 0.68 1.01

Competitive Comparison of Thai Ha PCL's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Thai Ha 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.


Thai Ha PCL's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Ha PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thai Ha 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.80/1.39
=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.

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

For example, Thai Ha 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)
=0.947/133.0289*133.0289
=0.947

Current CPI (Sep. 2024) = 133.0289.

Thai Ha PCL Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.043 99.070 1.401
201503 1.064 99.621 1.421
201506 1.212 100.684 1.601
201509 1.160 100.392 1.537
201512 1.257 99.792 1.676
201603 1.248 100.470 1.652
201606 1.231 101.688 1.610
201609 1.224 101.861 1.599
201612 1.224 101.863 1.598
201703 1.231 102.862 1.592
201706 1.224 103.349 1.576
201709 1.248 104.136 1.594
201712 1.262 104.011 1.614
201803 1.285 105.290 1.624
201806 1.312 106.317 1.642
201809 1.319 106.507 1.647
201812 1.320 105.998 1.657
201903 1.324 107.251 1.642
201906 1.274 108.070 1.568
201909 1.236 108.329 1.518
201912 1.169 108.420 1.434
202003 1.169 108.902 1.428
202006 1.165 108.767 1.425
202009 1.127 109.815 1.365
202012 1.080 109.897 1.307
202103 1.003 111.754 1.194
202106 0.970 114.631 1.126
202109 0.913 115.734 1.049
202112 0.850 117.630 0.961
202203 0.797 121.301 0.874
202206 0.753 125.017 0.801
202209 1.139 125.227 1.210
202212 1.420 125.222 1.509
202303 1.333 127.348 1.392
202306 1.261 128.729 1.303
202309 1.207 129.860 1.236
202312 1.117 129.419 1.148
202403 1.072 131.776 1.082
202406 1.015 132.554 1.019
202409 0.947 133.029 0.947

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.


Thai Ha PCL  (BKK:KASET) 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.


Thai Ha PCL Cyclically Adjusted PB Ratio Related Terms

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


Thai Ha PCL Business Description

Traded in Other Exchanges
N/A
Address
140 Moo 5, Tambol Bangkratuek, Amphur Sampran, Nakornpathom, Bangkok, THA, 73210
Thai Ha PCL is engaged in the manufacture and distribution of agricultural products. It is also involved in the processing of agricultural products and instant products. The company produces and distributes Jasmine rice, beans and processed agricultural products such as Soybean oil, Bean thread vermicelli, and Vinegar under the brand Kaset and Smart Chef. The operating segment is producing and distributing agricultural products, processed agricultural products and instant products, sell in the territory and other foreign countries. It derives maximum revenue from producing segment.

Thai Ha PCL Headlines

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