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Proud Real Estate PCL (BKK:PROUD) Cyclically Adjusted PB Ratio : 1.41 (As of Jun. 18, 2024)


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What is Proud Real Estate PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Proud Real Estate PCL's current share price is ฿1.74. Proud Real Estate PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.23. Proud Real Estate PCL's Cyclically Adjusted PB Ratio for today is 1.41.

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

BKK:PROUD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.36   Max: 2.14
Current: 1.44

During the past years, Proud Real Estate PCL's highest Cyclically Adjusted PB Ratio was 2.14. The lowest was 0.77. And the median was 1.36.

BKK:PROUD's Cyclically Adjusted PB Ratio is ranked worse than
76.43% of 1413 companies
in the Real Estate industry
Industry Median: 0.7 vs BKK:PROUD: 1.44

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.

Proud Real Estate PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿1.628. 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 ฿1.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Proud Real Estate PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Proud Real Estate 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.

Proud Real Estate PCL Cyclically Adjusted PB Ratio Chart

Proud Real Estate 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 1.46 0.88 1.38 1.57 1.31

Proud Real Estate 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 1.39 1.44 1.64 1.31 1.57

Competitive Comparison of Proud Real Estate PCL's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Proud Real Estate 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.


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

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

* The bar in red indicates where Proud Real Estate PCL's Cyclically Adjusted PB Ratio falls into.



Proud Real Estate 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.

Proud Real Estate PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.74/1.23
=1.41

* 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.

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

For example, Proud Real Estate 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)
=1.628/131.7762*131.7762
=1.628

Current CPI (Mar. 2024) = 131.7762.

Proud Real Estate PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.088 100.560 1.426
201409 0.989 100.428 1.298
201412 0.924 99.070 1.229
201503 0.830 99.621 1.098
201506 0.721 100.684 0.944
201509 0.820 100.392 1.076
201512 0.952 99.792 1.257
201603 1.020 100.470 1.338
201606 0.991 101.688 1.284
201609 0.968 101.861 1.252
201612 0.954 101.863 1.234
201703 0.945 102.862 1.211
201706 1.049 103.349 1.338
201709 0.972 104.136 1.230
201712 0.876 104.011 1.110
201803 0.803 105.290 1.005
201806 0.767 106.317 0.951
201809 0.696 106.507 0.861
201812 0.657 105.998 0.817
201903 0.657 107.251 0.807
201906 1.150 108.070 1.402
201909 1.171 108.329 1.424
201912 1.150 108.420 1.398
202003 1.123 108.902 1.359
202006 1.088 108.767 1.318
202009 1.101 109.815 1.321
202012 1.081 109.897 1.296
202103 1.057 111.754 1.246
202106 1.027 114.631 1.181
202109 0.992 115.734 1.130
202112 0.929 117.630 1.041
202203 0.869 121.301 0.944
202206 0.838 125.017 0.883
202209 1.024 125.227 1.078
202212 1.285 125.222 1.352
202303 1.500 127.348 1.552
202306 1.514 128.729 1.550
202309 1.597 129.860 1.621
202312 1.549 129.419 1.577
202403 1.628 131.776 1.628

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.


Proud Real Estate PCL  (BKK:PROUD) 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.


Proud Real Estate PCL Cyclically Adjusted PB Ratio Related Terms

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


Proud Real Estate PCL (BKK:PROUD) Business Description

Traded in Other Exchanges
N/A
Address
Ploenchit Road, 900, Tonson Tower Building, 6th Floor, Lumpini, Patumwan, Bangkok, THA, 10330
Proud Real Estate PCL is principally engaged in real estate development. Its projects include Convent Beta Co, Intercontinental Hotel Group, Hua Hin and Proud Horseshoe Co., Ltd . Geographically, it operates only in Thailand.

Proud Real Estate PCL (BKK:PROUD) Headlines

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