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Prima Marine PCL (BKK:PRM) Cyclically Adjusted PB Ratio : 1.65 (As of Jun. 02, 2025)


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What is Prima Marine PCL Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Prima Marine PCL's current share price is ฿5.60. Prima Marine PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ฿3.39. Prima Marine PCL's Cyclically Adjusted PB Ratio for today is 1.65.

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

BKK:PRM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.65   Med: 2.21   Max: 2.67
Current: 1.65

During the past 11 years, Prima Marine PCL's highest Cyclically Adjusted PB Ratio was 2.67. The lowest was 1.65. And the median was 2.21.

BKK:PRM's Cyclically Adjusted PB Ratio is ranked worse than
71.41% of 780 companies
in the Oil & Gas industry
Industry Median: 0.9 vs BKK:PRM: 1.65

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.

Prima Marine PCL's adjusted book value per share data of for the fiscal year that ended in Dec24 was ฿4.862. 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 ฿3.39 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prima Marine PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prima Marine 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.

Prima Marine PCL Cyclically Adjusted PB Ratio Chart

Prima Marine 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 - - - 1.87 2.54

Prima Marine 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 - - - 2.54 -

Competitive Comparison of Prima Marine PCL's Cyclically Adjusted PB Ratio

For the Oil & Gas Midstream subindustry, Prima Marine 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.


Prima Marine PCL's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Prima Marine PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Prima Marine 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.

Prima Marine PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.60/3.39
=1.65

* 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.

Prima Marine PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Prima Marine PCL's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=4.862/133.1571*133.1571
=4.862

Current CPI (Dec24) = 133.1571.

Prima Marine PCL Annual Data

Book Value per Share CPI Adj_Book
201512 0.394 99.792 0.526
201612 1.261 101.863 1.648
201712 2.449 104.011 3.135
201812 2.636 105.998 3.311
201912 2.766 108.420 3.397
202012 3.143 109.897 3.808
202112 3.513 117.630 3.977
202212 4.165 125.222 4.429
202312 4.648 129.419 4.782
202412 4.862 133.157 4.862

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.


Prima Marine PCL  (BKK:PRM) 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.


Prima Marine PCL Cyclically Adjusted PB Ratio Related Terms

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


Prima Marine PCL Business Description

Industry
Traded in Other Exchanges
N/A
Address
80 Soi Bangna-Trad 30, Debaratna Road, South Bangna Sub-district, Bangna District, Bangkok, THA, 10260
Prima Marine PCL is involved in the marine transportation of petroleum products and accommodation work barges. The business activities of the group have functioned through four business segments namely marine transportation of petroleum and chemical products; Storage of petroleum products; Supporting exploration and production of offshore petroleum products by sending staff and exploration equipment from one place to another place and accommodation service; and Ship management, recruitment, and transportation services for crews. Geographically, the activities of the group are carried out through Thailand and Singapore.