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Kasikornbank Public Co (BKK:KBANK) Cyclically Adjusted PB Ratio : 0.69 (As of May. 25, 2024)


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What is Kasikornbank Public Co Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Kasikornbank Public Co's current share price is ฿134.00. Kasikornbank Public Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿193.42. Kasikornbank Public Co's Cyclically Adjusted PB Ratio for today is 0.69.

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

BKK:KBANK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.06   Max: 2.66
Current: 0.69

During the past years, Kasikornbank Public Co's highest Cyclically Adjusted PB Ratio was 2.66. The lowest was 0.59. And the median was 1.06.

BKK:KBANK's Cyclically Adjusted PB Ratio is ranked better than
68.73% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs BKK:KBANK: 0.69

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.

Kasikornbank Public Co's adjusted book value per share data for the three months ended in Mar. 2024 was ฿231.382. 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 ฿193.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kasikornbank Public Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kasikornbank Public Co'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.

Kasikornbank Public Co Cyclically Adjusted PB Ratio Chart

Kasikornbank Public Co 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 1.31 0.88 0.95 0.86 0.72

Kasikornbank Public Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.75 0.71 0.68 0.72 0.64

Competitive Comparison of Kasikornbank Public Co's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Kasikornbank Public Co'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.


Kasikornbank Public Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kasikornbank Public Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kasikornbank Public Co's Cyclically Adjusted PB Ratio falls into.



Kasikornbank Public Co 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.

Kasikornbank Public Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=134.00/193.42
=0.69

* 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.

Kasikornbank Public Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kasikornbank Public Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=231.382/131.7762*131.7762
=231.382

Current CPI (Mar. 2024) = 131.7762.

Kasikornbank Public Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 99.188 100.560 129.979
201409 103.964 100.428 136.416
201412 107.410 99.070 142.870
201503 112.582 99.621 148.921
201506 113.964 100.684 149.157
201509 117.364 100.392 154.055
201512 119.419 99.792 157.693
201603 121.057 100.470 158.777
201606 125.365 101.688 162.459
201609 129.772 101.861 167.884
201612 134.438 101.863 173.918
201703 138.987 102.862 178.055
201706 139.625 103.349 178.030
201709 143.090 104.136 181.070
201712 145.670 104.011 184.556
201803 150.688 105.290 188.595
201806 150.943 106.317 187.089
201809 154.825 106.507 191.558
201812 157.232 105.998 195.470
201903 163.751 107.251 201.197
201906 165.398 108.070 201.681
201909 167.573 108.329 203.842
201912 169.793 108.420 206.370
202003 171.689 108.902 207.752
202006 169.831 108.767 205.757
202009 172.503 109.815 207.001
202012 185.567 109.897 222.512
202103 190.784 111.754 224.965
202106 192.809 114.631 221.646
202109 195.991 115.734 223.157
202112 201.202 117.630 225.400
202203 206.047 121.301 223.841
202206 206.372 125.017 217.530
202209 211.135 125.227 222.178
202212 212.410 125.222 223.528
202303 216.273 127.348 223.794
202306 217.932 128.729 223.091
202309 221.649 129.860 224.920
202312 224.656 129.419 228.747
202403 231.382 131.776 231.382

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.


Kasikornbank Public Co  (BKK:KBANK) 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.


Kasikornbank Public Co Cyclically Adjusted PB Ratio Related Terms

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


Kasikornbank Public Co (BKK:KBANK) Business Description

Traded in Other Exchanges
Address
400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

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