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Preecha Group PCL (BKK:PRECHA) Cyclically Adjusted PB Ratio : 0.47 (As of Jul. 07, 2025)


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What is Preecha Group PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-07), Preecha Group PCL's current share price is ฿0.75. Preecha Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿1.60. Preecha Group PCL's Cyclically Adjusted PB Ratio for today is 0.47.

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

BKK:PRECHA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.69   Max: 1.16
Current: 0.45

During the past years, Preecha Group PCL's highest Cyclically Adjusted PB Ratio was 1.16. The lowest was 0.19. And the median was 0.69.

BKK:PRECHA's Cyclically Adjusted PB Ratio is ranked better than
65.61% of 1416 companies
in the Real Estate industry
Industry Median: 0.725 vs BKK:PRECHA: 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.

Preecha Group PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿0.907. 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 ฿1.60 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Preecha Group PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Preecha Group 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.

Preecha Group PCL Cyclically Adjusted PB Ratio Chart

Preecha Group 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 0.48 1.08 0.71 0.54 0.61

Preecha Group 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 0.64 0.67 0.72 0.61 0.24

Competitive Comparison of Preecha Group PCL's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Preecha Group 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.


Preecha Group PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Preecha Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Preecha Group 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.

Preecha Group PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.75/1.60
=0.47

* 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.

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

For example, Preecha Group 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)
=0.907/134.9266*134.9266
=0.907

Current CPI (Mar. 2025) = 134.9266.

Preecha Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.735 100.684 2.325
201509 1.699 100.392 2.283
201512 1.692 99.792 2.288
201603 1.660 100.470 2.229
201606 1.630 101.688 2.163
201609 1.623 101.861 2.150
201612 1.614 101.863 2.138
201703 1.589 102.862 2.084
201706 1.556 103.349 2.031
201709 1.539 104.136 1.994
201712 1.492 104.011 1.935
201803 1.469 105.290 1.882
201806 1.459 106.317 1.852
201809 1.448 106.507 1.834
201812 1.404 105.998 1.787
201903 1.388 107.251 1.746
201906 1.365 108.070 1.704
201909 1.343 108.329 1.673
201912 1.329 108.420 1.654
202003 1.307 108.902 1.619
202006 1.297 108.767 1.609
202009 1.276 109.815 1.568
202012 1.275 109.897 1.565
202103 1.262 111.754 1.524
202106 1.191 114.631 1.402
202109 1.163 115.734 1.356
202112 1.145 117.630 1.313
202203 1.115 121.301 1.240
202206 1.091 125.017 1.177
202209 1.070 125.227 1.153
202212 1.076 125.222 1.159
202303 1.094 127.348 1.159
202306 1.084 128.729 1.136
202309 1.086 129.860 1.128
202312 1.075 129.419 1.121
202403 1.052 131.776 1.077
202406 1.028 132.554 1.046
202409 0.998 133.029 1.012
202412 0.938 133.157 0.950
202503 0.907 134.927 0.907

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.


Preecha Group PCL  (BKK:PRECHA) 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.


Preecha Group PCL Cyclically Adjusted PB Ratio Related Terms

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


Preecha Group PCL Business Description

Traded in Other Exchanges
Address
1919 Pattanakarn Road, Preecha Group Building, Suan Luang Subdistrict, Suan Luang District, Bangkok, THA, 10250
Preecha Group PCL is engaged in property development and renting property businesses. It develops single houses, twin houses, townhouses, condominiums, and prefabricated land. Its project portfolio includes Preecha Romklao, Preecha Suwinthawong, Preecha Phiveet Beach, Rayong, Preecha Complex Office Building, Ratchadaphisek Road, and Preecha Ram 1, Rat Phatthana Road, Preecha Ram 2, Preecha Ram 3. The company's segments include Property development and Renting property. It generates maximum revenue from the Renting property segment. The company principally operates in Thailand.

Preecha Group PCL Headlines

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