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Qualitech PCL (BKK:QLT-R) Cyclically Adjusted PB Ratio : 0.61 (As of Jun. 28, 2025)


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What is Qualitech PCL Cyclically Adjusted PB Ratio?

As of today (2025-06-28), Qualitech PCL's current share price is ฿2.50. Qualitech PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿4.11. Qualitech PCL's Cyclically Adjusted PB Ratio for today is 0.61.

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

BKK:QLT-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.96   Max: 1.9
Current: 0.48

During the past years, Qualitech PCL's highest Cyclically Adjusted PB Ratio was 1.90. The lowest was 0.33. And the median was 0.96.

BKK:QLT-R's Cyclically Adjusted PB Ratio is ranked better than
85.8% of 704 companies
in the Business Services industry
Industry Median: 1.53 vs BKK:QLT-R: 0.48

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.

Qualitech PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿2.852. 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 ฿4.11 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualitech PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Qualitech 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.

Qualitech PCL Cyclically Adjusted PB Ratio Chart

Qualitech 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 0.95 0.86 1.18 0.56 0.48

Qualitech 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 0.53 0.51 0.51 0.48 0.61

Competitive Comparison of Qualitech PCL's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Qualitech 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.


Qualitech PCL's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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


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Qualitech 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.50/4.11
=0.61

* 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.

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

For example, Qualitech 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)
=2.852/134.9266*134.9266
=2.852

Current CPI (Mar. 2025) = 134.9266.

Qualitech PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.358 100.684 5.840
201509 4.345 100.392 5.840
201512 4.542 99.792 6.141
201603 4.717 100.470 6.335
201606 4.411 101.688 5.853
201609 4.564 101.861 6.046
201612 4.504 101.863 5.966
201703 4.611 102.862 6.048
201706 4.479 103.349 5.848
201709 4.543 104.136 5.886
201712 4.561 104.011 5.917
201803 4.590 105.290 5.882
201806 4.336 106.317 5.503
201809 4.351 106.507 5.512
201812 4.447 105.998 5.661
201903 4.477 107.251 5.632
201906 4.308 108.070 5.379
201909 4.444 108.329 5.535
201912 4.631 108.420 5.763
202003 4.414 108.902 5.469
202006 4.356 108.767 5.404
202009 4.303 109.815 5.287
202012 4.538 109.897 5.572
202103 4.521 111.754 5.458
202106 4.228 114.631 4.977
202109 4.307 115.734 5.021
202112 4.397 117.630 5.044
202203 4.425 121.301 4.922
202206 4.409 125.017 4.758
202209 4.540 125.227 4.892
202212 4.441 125.222 4.785
202303 4.407 127.348 4.669
202306 3.141 128.729 3.292
202309 3.071 129.860 3.191
202312 3.002 129.419 3.130
202403 2.988 131.776 3.059
202406 3.029 132.554 3.083
202409 2.937 133.029 2.979
202412 2.872 133.157 2.910
202503 2.852 134.927 2.852

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.


Qualitech PCL  (BKK:QLT-R) 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.


Qualitech PCL Cyclically Adjusted PB Ratio Related Terms

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


Qualitech PCL Business Description

Traded in Other Exchanges
Address
21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150
Qualitech PCL provides the technical services testing, inspection, and certification for operation safety of industry equipment, pressure vessels, industrial boilers, piping, and steel structures which is important for the production process, storage, and transport of the products in power generation, petrochemical, and construction industry. Along with its subsidiaries, the company's core operations include; nondestructive testing and inspection, testing and certification of welding work, metal work, and equipment; sale of material and equipment used in inspection engineering services; and generating and distributing electricity current from solar or alternative energy. Maximum revenue is generated from the provision of Non-Destructive Testing services.

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