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PSG PCL (BKK:PSG) Cyclically Adjusted PB Ratio : 20.33 (As of May. 01, 2024)


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What is PSG PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-01), PSG PCL's current share price is ฿0.61. PSG PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿0.03. PSG PCL's Cyclically Adjusted PB Ratio for today is 20.33.

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

BKK:PSG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 2.33   Max: 48
Current: 19.16

During the past years, PSG PCL's highest Cyclically Adjusted PB Ratio was 48.00. The lowest was 0.67. And the median was 2.33.

BKK:PSG's Cyclically Adjusted PB Ratio is ranked worse than
98.7% of 1156 companies
in the Construction industry
Industry Median: 1.12 vs BKK:PSG: 19.16

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.

PSG PCL's adjusted book value per share data for the three months ended in Dec. 2023 was ฿0.047. 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 ฿0.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PSG PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PSG 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.

PSG PCL Cyclically Adjusted PB Ratio Chart

PSG 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 1.73 1.33 17.49 37.80 21.75

PSG PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.80 28.98 27.40 25.18 21.75

Competitive Comparison of PSG PCL's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, PSG 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.


PSG PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, PSG PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PSG 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.61/0.03
=20.33

* 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.

PSG PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PSG PCL's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.047/129.4194*129.4194
=0.047

Current CPI (Dec. 2023) = 129.4194.

PSG PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.018 99.695 0.023
201406 -0.120 100.560 -0.154
201409 -0.138 100.428 -0.178
201412 0.001 99.070 0.001
201503 -0.012 99.621 -0.016
201506 0.048 100.684 0.062
201509 0.112 100.392 0.144
201512 0.075 99.792 0.097
201603 0.071 100.470 0.091
201606 0.070 101.688 0.089
201609 0.068 101.861 0.086
201612 0.058 101.863 0.074
201703 0.057 102.862 0.072
201706 0.056 103.349 0.070
201709 0.053 104.136 0.066
201712 0.044 104.011 0.055
201803 0.044 105.290 0.054
201806 0.027 106.317 0.033
201809 0.024 106.507 0.029
201812 0.026 105.998 0.032
201903 0.031 107.251 0.037
201906 0.030 108.070 0.036
201909 0.028 108.329 0.033
201912 0.016 108.420 0.019
202003 0.013 108.902 0.015
202006 0.015 108.767 0.018
202009 0.015 109.815 0.018
202012 0.015 109.897 0.018
202103 0.014 111.754 0.016
202106 0.013 114.631 0.015
202109 0.012 115.734 0.013
202112 0.018 117.630 0.020
202203 0.018 121.301 0.019
202206 0.022 125.017 0.023
202209 0.026 125.227 0.027
202212 0.027 125.222 0.028
202303 0.029 127.348 0.029
202306 0.034 128.729 0.034
202309 0.035 129.860 0.035
202312 0.047 129.419 0.047

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.


PSG PCL  (BKK:PSG) 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.


PSG PCL Cyclically Adjusted PB Ratio Related Terms

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


PSG PCL (BKK:PSG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
South Sathorn Road, 11/1 AIA Sathorn Tower, 21st Floor, Yannawa, Sathorn, Bangkok, THA, 10600
PSG Corp PCL is engaged in plant and building construction and other related services. The company constructs industrial factories, warehouses, office buildings, hospitals, shopping malls, residential buildings, condominiums as well as systems work, utility, and machinery installation.

PSG PCL (BKK:PSG) Headlines

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