GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lighting & Equipment PCL (BKK:L&E) » Definitions » Cyclically Adjusted PB Ratio

Lighting & Equipment PCL (BKK:L&E) Cyclically Adjusted PB Ratio : 0.42 (As of May. 22, 2025)


View and export this data going back to 2004. Start your Free Trial

What is Lighting & Equipment PCL Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Lighting & Equipment PCL's current share price is ฿1.18. Lighting & Equipment PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿2.80. Lighting & Equipment PCL's Cyclically Adjusted PB Ratio for today is 0.42.

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

BKK:L&E' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.79   Max: 1.47
Current: 0.45

During the past years, Lighting & Equipment PCL's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.35. And the median was 0.79.

BKK:L&E's Cyclically Adjusted PB Ratio is ranked better than
90.05% of 2091 companies
in the Industrial Products industry
Industry Median: 1.96 vs BKK:L&E: 0.45

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.

Lighting & Equipment PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿2.179. 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 ฿2.80 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lighting & Equipment PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lighting & Equipment 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.

Lighting & Equipment PCL Cyclically Adjusted PB Ratio Chart

Lighting & Equipment 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 0.76 0.81 0.75 0.47 0.43

Lighting & Equipment 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 0.45 0.35 0.44 0.43 0.43

Competitive Comparison of Lighting & Equipment PCL's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Lighting & Equipment 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.


Lighting & Equipment PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


;
;

Lighting & Equipment 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.

Lighting & Equipment PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.18/2.80
=0.42

* 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.

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

For example, Lighting & Equipment 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)
=2.179/134.9266*134.9266
=2.179

Current CPI (Mar. 2025) = 134.9266.

Lighting & Equipment PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.296 100.684 3.077
201509 2.049 100.392 2.754
201512 2.372 99.792 3.207
201603 2.379 100.470 3.195
201606 2.315 101.688 3.072
201609 2.382 101.861 3.155
201612 2.428 101.863 3.216
201703 2.438 102.862 3.198
201706 2.294 103.349 2.995
201709 2.346 104.136 3.040
201712 2.386 104.011 3.095
201803 2.423 105.290 3.105
201806 2.356 106.317 2.990
201809 2.427 106.507 3.075
201812 2.500 105.998 3.182
201903 2.531 107.251 3.184
201906 2.334 108.070 2.914
201909 2.383 108.329 2.968
201912 2.460 108.420 3.061
202003 2.460 108.902 3.048
202006 2.309 108.767 2.864
202009 2.348 109.815 2.885
202012 2.377 109.897 2.918
202103 2.374 111.754 2.866
202106 2.309 114.631 2.718
202109 2.326 115.734 2.712
202112 2.366 117.630 2.714
202203 2.379 121.301 2.646
202206 2.315 125.017 2.499
202209 2.339 125.227 2.520
202212 2.358 125.222 2.541
202303 2.360 127.348 2.500
202306 2.257 128.729 2.366
202309 2.263 129.860 2.351
202312 2.258 129.419 2.354
202403 2.226 131.776 2.279
202406 2.153 132.554 2.192
202409 2.192 133.029 2.223
202412 2.252 133.157 2.282
202503 2.179 134.927 2.179

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.


Lighting & Equipment PCL  (BKK:L&E) 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.


Lighting & Equipment PCL Cyclically Adjusted PB Ratio Related Terms

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


Lighting & Equipment PCL Business Description

Traded in Other Exchanges
Address
Sri-Ayudhya Road, 539/2, 16-17 Floor, Gypsum Metropolitan Tower, Rajthevee, Bangkok, THA, 10400
Lighting & Equipment PCL is engaged in trading lighting fixtures, lamps, electrical equipment, and installation service and design of electric and lighting systems. Its other products include cable turning systems, light-emitting diodes (LEDs), light boxes, lighting control equipment, lighting poles, luminaries, optical fiber lighting, and others. These products are sold through two main channels, project and retail. The company operates in a single line of business, namely the lighting business in Thailand.

Lighting & Equipment PCL Headlines

No Headlines