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News Network PCL (BKK:NEWS-F) Cyclically Adjusted PB Ratio : 0.08 (As of Jun. 05, 2024)


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What is News Network PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-05), News Network PCL's current share price is ฿0.01. News Network PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.12. News Network PCL's Cyclically Adjusted PB Ratio for today is 0.08.

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

BKK:NEWS-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.13   Max: 1.29
Current: 0.56

During the past years, News Network PCL's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.01. And the median was 0.13.

BKK:NEWS-F's Cyclically Adjusted PB Ratio is ranked better than
87.08% of 1401 companies
in the Software industry
Industry Median: 2.58 vs BKK:NEWS-F: 0.56

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.

News Network PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿0.007. 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 ฿0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


News Network PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for News Network 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.

News Network PCL Cyclically Adjusted PB Ratio Chart

News Network 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 0.10 0.12 0.58 0.53 0.25

News Network PCL 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 0.57 0.41 0.22 0.25 0.56

Competitive Comparison of News Network PCL's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, News Network 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.


News Network PCL's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, News Network PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



News Network 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.01/0.12
=0.08

* 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.

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

For example, News Network PCL'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)
=0.007/131.7762*131.7762
=0.007

Current CPI (Mar. 2024) = 131.7762.

News Network PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.152 100.560 0.199
201409 0.137 100.428 0.180
201412 0.088 99.070 0.117
201503 0.090 99.621 0.119
201506 0.080 100.684 0.105
201509 0.070 100.392 0.092
201512 0.063 99.792 0.083
201603 0.060 100.470 0.079
201606 0.053 101.688 0.069
201609 0.056 101.861 0.072
201612 0.018 101.863 0.023
201703 0.013 102.862 0.017
201706 0.005 103.349 0.006
201709 0.002 104.136 0.003
201712 0.004 104.011 0.005
201803 0.002 105.290 0.003
201806 0.001 106.317 0.001
201809 0.000 106.507 0.000
201812 0.003 105.998 0.004
201903 0.001 107.251 0.001
201906 0.010 108.070 0.012
201909 0.009 108.329 0.011
201912 0.008 108.420 0.010
202003 0.008 108.902 0.010
202006 0.008 108.767 0.010
202009 0.008 109.815 0.010
202012 0.008 109.897 0.010
202103 0.010 111.754 0.012
202106 0.010 114.631 0.011
202109 0.010 115.734 0.011
202112 0.010 117.630 0.011
202203 0.012 121.301 0.013
202206 0.012 125.017 0.013
202209 0.012 125.227 0.013
202212 0.013 125.222 0.014
202303 0.012 127.348 0.012
202306 0.010 128.729 0.010
202309 0.009 129.860 0.009
202312 0.008 129.419 0.008
202403 0.007 131.776 0.007

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.


News Network PCL  (BKK:NEWS-F) 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.


News Network PCL Cyclically Adjusted PB Ratio Related Terms

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


News Network PCL (BKK:NEWS-F) Business Description

Traded in Other Exchanges
Address
Rama 4 Road, 944 Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330
News Network Corp PCL engages in the business activities of the securities business and the main business of the Company is the distribution, installation and development of software information systems, providing consultation and development of information technology system integrators, including computer network systems, acquisition of hardware and software development. The company operates in two segments information technology and Securities. The majority of revenue is derived from the information technology segment.

News Network PCL (BKK:NEWS-F) Headlines

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