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SC Asset PCL (BKK:SC-R) Cyclically Adjusted PB Ratio : 0.77 (As of Jun. 23, 2024)


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What is SC Asset PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-23), SC Asset PCL's current share price is ฿4.6277. SC Asset PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿5.98. SC Asset PCL's Cyclically Adjusted PB Ratio for today is 0.77.

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

BKK:SC-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.92   Max: 1.62
Current: 0.61

During the past years, SC Asset PCL's highest Cyclically Adjusted PB Ratio was 1.62. The lowest was 0.58. And the median was 0.92.

BKK:SC-R's Cyclically Adjusted PB Ratio is ranked better than
55.3% of 1414 companies
in the Real Estate industry
Industry Median: 0.69 vs BKK:SC-R: 0.61

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.

SC Asset PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿5.505. 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 ฿5.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SC Asset PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SC Asset 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.

SC Asset PCL Cyclically Adjusted PB Ratio Chart

SC Asset 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 0.73 0.83 0.89 1.00 0.71

SC Asset 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 0.98 0.98 0.86 0.71 0.77

Competitive Comparison of SC Asset PCL's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, SC Asset 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.


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

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

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



SC Asset 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.6277/5.98
=0.77

* 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.

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

For example, SC Asset 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)
=5.505/131.7762*131.7762
=5.505

Current CPI (Mar. 2024) = 131.7762.

SC Asset PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.512 100.560 3.292
201409 2.638 100.428 3.461
201412 2.784 99.070 3.703
201503 2.822 99.621 3.733
201506 2.871 100.684 3.758
201509 2.969 100.392 3.897
201512 3.164 99.792 4.178
201603 3.277 100.470 4.298
201606 3.310 101.688 4.289
201609 3.392 101.861 4.388
201612 3.455 101.863 4.470
201703 3.473 102.862 4.449
201706 3.347 103.349 4.268
201709 3.434 104.136 4.345
201712 3.572 104.011 4.526
201803 3.631 105.290 4.544
201806 3.618 106.317 4.484
201809 3.712 106.507 4.593
201812 3.884 105.998 4.829
201903 3.961 107.251 4.867
201906 3.869 108.070 4.718
201909 3.975 108.329 4.835
201912 4.200 108.420 5.105
202003 4.283 108.902 5.183
202006 4.194 108.767 5.081
202009 4.358 109.815 5.230
202012 4.465 109.897 5.354
202103 4.570 111.754 5.389
202106 4.513 114.631 5.188
202109 4.650 115.734 5.295
202112 4.586 117.630 5.138
202203 4.883 121.301 5.305
202206 4.822 125.017 5.083
202209 4.910 125.227 5.167
202212 5.147 125.222 5.416
202303 5.246 127.348 5.428
202306 5.218 128.729 5.342
202309 5.265 129.860 5.343
202312 5.436 129.419 5.535
202403 5.505 131.776 5.505

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.


SC Asset PCL  (BKK:SC-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.


SC Asset PCL Cyclically Adjusted PB Ratio Related Terms

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


SC Asset PCL (BKK:SC-R) Business Description

Industry
Traded in Other Exchanges
Address
1010 Vibhavadi Rangsit road, Chatuchak Subdistrict, Chatuchak District, Bangkok, THA, 10900
SC Asset Corp PCL is a Thailand-based real estate company. The company's principal activities involve real estate development for sale and rental, including services management. It mainly develops houses, townhomes, home offices, and condominiums. Sc Asset operates in three segments including Real estate sales; Rental and rendering of services; and Consulting and management services. It generates the majority of its revenues from its Real estate sales segment.

SC Asset PCL (BKK:SC-R) Headlines

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