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Royal Orchid Hotel (Thailand) PCL (BKK:ROH) Cyclically Adjusted PB Ratio : 1.63 (As of May. 28, 2024)


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What is Royal Orchid Hotel (Thailand) PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Royal Orchid Hotel (Thailand) PCL's current share price is ฿2.54. Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.56. Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted PB Ratio for today is 1.63.

The historical rank and industry rank for Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:ROH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 3.35   Max: 6.79
Current: 1.64

During the past years, Royal Orchid Hotel (Thailand) PCL's highest Cyclically Adjusted PB Ratio was 6.79. The lowest was 1.56. And the median was 3.35.

BKK:ROH's Cyclically Adjusted PB Ratio is ranked worse than
55.43% of 599 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs BKK:ROH: 1.64

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.

Royal Orchid Hotel (Thailand) PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿2.861. 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 ฿1.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Royal Orchid Hotel (Thailand) PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Royal Orchid Hotel (Thailand) 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.

Royal Orchid Hotel (Thailand) PCL Cyclically Adjusted PB Ratio Chart

Royal Orchid Hotel (Thailand) 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 3.45 3.90 4.78 2.71 1.79

Royal Orchid Hotel (Thailand) 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 2.54 2.17 2.05 1.79 1.61

Competitive Comparison of Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Royal Orchid Hotel (Thailand) 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.


Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted PB Ratio falls into.



Royal Orchid Hotel (Thailand) 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.

Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.54/1.56
=1.63

* 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.

Royal Orchid Hotel (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Royal Orchid Hotel (Thailand) 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)
=2.861/131.7762*131.7762
=2.861

Current CPI (Mar. 2024) = 131.7762.

Royal Orchid Hotel (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.834 100.560 1.093
201409 0.762 100.428 1.000
201412 0.716 99.070 0.952
201503 0.763 99.621 1.009
201506 0.772 100.684 1.010
201509 0.782 100.392 1.026
201512 0.805 99.792 1.063
201603 0.858 100.470 1.125
201606 0.865 101.688 1.121
201609 0.879 101.861 1.137
201612 0.919 101.863 1.189
201703 0.974 102.862 1.248
201706 0.895 103.349 1.141
201709 0.914 104.136 1.157
201712 0.963 104.011 1.220
201803 0.901 105.290 1.128
201806 0.919 106.317 1.139
201809 0.945 106.507 1.169
201812 0.996 105.998 1.238
201903 1.052 107.251 1.293
201906 0.922 108.070 1.124
201909 0.958 108.329 1.165
201912 1.018 108.420 1.237
202003 1.026 108.902 1.242
202006 0.812 108.767 0.984
202009 0.755 109.815 0.906
202012 0.707 109.897 0.848
202103 0.656 111.754 0.774
202106 0.588 114.631 0.676
202109 0.530 115.734 0.603
202112 3.019 117.630 3.382
202203 2.970 121.301 3.226
202206 2.933 125.017 3.092
202209 2.915 125.227 3.067
202212 2.874 125.222 3.024
202303 2.870 127.348 2.970
202306 2.842 128.729 2.909
202309 2.821 129.860 2.863
202312 2.840 129.419 2.892
202403 2.861 131.776 2.861

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.


Royal Orchid Hotel (Thailand) PCL  (BKK:ROH) 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.


Royal Orchid Hotel (Thailand) PCL Cyclically Adjusted PB Ratio Related Terms

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


Royal Orchid Hotel (Thailand) PCL (BKK:ROH) Business Description

Traded in Other Exchanges
N/A
Address
2 Captain Bush Lane, Charoen Krung Road, Kwaeng Bangrak, Khet Bangrak, Bangkok, THA, 10500
Royal Orchid Hotel (Thailand) PCL is a Thailand-based company engaged in hotel operations. The company owns Royal Orchid Sheraton Hotel and Towers in Bangkok, which is operated by Sheraton Overseas Management Corporation. It offers rooms, food and beverage, and other ancillary services. The hotel provides accommodations, conference facilities, and leisure facilities including two swimming pools, spas, tennis courts, garden areas, and restaurants, which offer a range of Thai, Asian, Italian, and Continental cuisines. The group carries out its business operations in Thailand.

Royal Orchid Hotel (Thailand) PCL (BKK:ROH) Headlines

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