GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Pylon PCL (BKK:PYLON) » Definitions » Cyclically Adjusted PB Ratio

Pylon PCL (BKK:PYLON) Cyclically Adjusted PB Ratio : 1.21 (As of Jan. 18, 2025)


View and export this data going back to 2005. Start your Free Trial

What is Pylon PCL Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Pylon PCL's current share price is ฿1.81. Pylon PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ฿1.49. Pylon PCL's Cyclically Adjusted PB Ratio for today is 1.21.

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

BKK:PYLON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 3.53   Max: 10.11
Current: 1.23

During the past years, Pylon PCL's highest Cyclically Adjusted PB Ratio was 10.11. The lowest was 1.19. And the median was 3.53.

BKK:PYLON's Cyclically Adjusted PB Ratio is ranked worse than
51.39% of 1226 companies
in the Construction industry
Industry Median: 1.19 vs BKK:PYLON: 1.23

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.

Pylon PCL's adjusted book value per share data for the three months ended in Sep. 2024 was ฿1.266. 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 ฿1.49 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pylon PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pylon 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.

Pylon PCL Cyclically Adjusted PB Ratio Chart

Pylon 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 4.53 3.43 3.91 3.13 1.71

Pylon PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.82 1.71 1.59 1.43 1.55

Competitive Comparison of Pylon PCL's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Pylon 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.


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

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

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



Pylon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.81/1.49
=1.21

* 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.

Pylon PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Pylon PCL's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.266/133.0289*133.0289
=1.266

Current CPI (Sep. 2024) = 133.0289.

Pylon PCL Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.205 99.070 1.618
201503 1.289 99.621 1.721
201506 1.116 100.684 1.475
201509 1.200 100.392 1.590
201512 1.223 99.792 1.630
201603 1.278 100.470 1.692
201606 1.054 101.688 1.379
201609 0.984 101.861 1.285
201612 1.055 101.863 1.378
201703 1.125 102.862 1.455
201706 1.047 103.349 1.348
201709 0.978 104.136 1.249
201712 1.010 104.011 1.292
201803 1.105 105.290 1.396
201806 1.122 106.317 1.404
201809 1.075 106.507 1.343
201812 1.156 105.998 1.451
201903 1.263 107.251 1.567
201906 1.223 108.070 1.505
201909 1.303 108.329 1.600
201912 1.423 108.420 1.746
202003 1.562 108.902 1.908
202006 1.343 108.767 1.643
202009 1.360 109.815 1.647
202012 1.396 109.897 1.690
202103 1.424 111.754 1.695
202106 1.285 114.631 1.491
202109 1.286 115.734 1.478
202112 1.304 117.630 1.475
202203 1.332 121.301 1.461
202206 1.344 125.017 1.430
202209 1.399 125.227 1.486
202212 1.403 125.222 1.490
202303 1.485 127.348 1.551
202306 1.350 128.729 1.395
202309 1.355 129.860 1.388
202312 1.395 129.419 1.434
202403 1.397 131.776 1.410
202406 1.248 132.554 1.252
202409 1.266 133.029 1.266

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.


Pylon PCL  (BKK:PYLON) 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.


Pylon PCL Cyclically Adjusted PB Ratio Related Terms

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


Pylon PCL Business Description

Industry
Traded in Other Exchanges
Address
Phahonyothin Road, 252 SPE Tower Building, 14th Floor, Sam Sen Nai Subdistrict, Phaya Thai District, Bangkok, THA, 10400
Pylon PCL is involved in the general construction business. The company is engaged in the provision of construction services for foundation work. Its services include bored piles, jet grouting, and diaphragm walls. Geographically, the firm operates in Thailand.

Pylon PCL Headlines

No Headlines