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Phatra Leasing PCL (BKK:PL) Cyclically Adjusted PB Ratio : 0.20 (As of Jun. 01, 2025)


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What is Phatra Leasing PCL Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Phatra Leasing PCL's current share price is ฿1.20. Phatra Leasing PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿5.90. Phatra Leasing PCL's Cyclically Adjusted PB Ratio for today is 0.20.

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

BKK:PL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.46   Max: 0.77
Current: 0.2

During the past years, Phatra Leasing PCL's highest Cyclically Adjusted PB Ratio was 0.77. The lowest was 0.17. And the median was 0.46.

BKK:PL's Cyclically Adjusted PB Ratio is ranked better than
94.88% of 684 companies
in the Business Services industry
Industry Median: 1.52 vs BKK:PL: 0.20

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.

Phatra Leasing PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿5.053. 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 ฿5.90 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phatra Leasing PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Phatra Leasing 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.

Phatra Leasing PCL Cyclically Adjusted PB Ratio Chart

Phatra Leasing 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 0.45 0.50 0.46 0.38 0.26

Phatra Leasing 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 0.35 0.30 0.31 0.26 0.17

Competitive Comparison of Phatra Leasing PCL's Cyclically Adjusted PB Ratio

For the Rental & Leasing Services subindustry, Phatra Leasing 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.


Phatra Leasing PCL's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Phatra Leasing PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Phatra Leasing 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.20/5.90
=0.20

* 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.

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

For example, Phatra Leasing 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)
=5.053/134.9266*134.9266
=5.053

Current CPI (Mar. 2025) = 134.9266.

Phatra Leasing PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.288 100.684 5.746
201509 4.366 100.392 5.868
201512 4.425 99.792 5.983
201603 4.452 100.470 5.979
201606 4.409 101.688 5.850
201609 4.501 101.861 5.962
201612 4.614 101.863 6.112
201703 4.708 102.862 6.176
201706 4.596 103.349 6.000
201709 4.701 104.136 6.091
201712 4.798 104.011 6.224
201803 4.889 105.290 6.265
201806 4.793 106.317 6.083
201809 4.879 106.507 6.181
201812 4.997 105.998 6.361
201903 5.056 107.251 6.361
201906 4.946 108.070 6.175
201909 5.024 108.329 6.258
201912 5.091 108.420 6.336
202003 5.108 108.902 6.329
202006 4.985 108.767 6.184
202009 4.998 109.815 6.141
202012 5.041 109.897 6.189
202103 5.089 111.754 6.144
202106 5.068 114.631 5.965
202109 5.105 115.734 5.952
202112 5.169 117.630 5.929
202203 5.219 121.301 5.805
202206 5.168 125.017 5.578
202209 5.217 125.227 5.621
202212 5.260 125.222 5.668
202303 5.305 127.348 5.621
202306 5.242 128.729 5.494
202309 5.268 129.860 5.474
202312 5.321 129.419 5.547
202403 5.346 131.776 5.474
202406 5.256 132.554 5.350
202409 5.265 133.029 5.340
202412 5.029 133.157 5.096
202503 5.053 134.927 5.053

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.


Phatra Leasing PCL  (BKK:PL) 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.


Phatra Leasing PCL Cyclically Adjusted PB Ratio Related Terms

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


Phatra Leasing PCL Business Description

Traded in Other Exchanges
N/A
Address
252/6 Rachadaphisek Road, 29th Floor, Muangthai-Phatra Complex, Huai Khwang, Bangkok, THA, 10320
Phatra Leasing PCL is engaged in the provision of leasing services. The company operates in two segments; the Land Vehicle segment and the Others segment. It provides PL Auto Leasing services in both operating leases and financial leases for vehicles such as cars, including executive cars, and cars used in the organization, with comprehensive services ranging from car procurement, lease/maintenance/insurance, and others; and PL Commercial Leasing provides leasing services in the form of financial leases for a variety of other commercial properties, such as medical equipment, machinery and equipment, solar panels, and assets for transportation and various business operations. The Company operates only in Thailand. The Land Vehicle segment accounts for a majority of the company's revenue.