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SCB X PCL (BKK:SCB) Cyclically Adjusted PB Ratio : 0.86 (As of May. 22, 2025)


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What is SCB X PCL Cyclically Adjusted PB Ratio?

As of today (2025-05-22), SCB X PCL's current share price is ฿121.00. SCB X PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿140.56. SCB X PCL's Cyclically Adjusted PB Ratio for today is 0.86.

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

BKK:SCB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.85   Max: 1.01
Current: 0.86

During the past years, SCB X PCL's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.72. And the median was 0.85.

BKK:SCB's Cyclically Adjusted PB Ratio is ranked better than
61.63% of 1277 companies
in the Banks industry
Industry Median: 1.02 vs BKK:SCB: 0.86

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.

SCB X PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿148.869. 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 ฿140.56 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SCB X PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SCB X 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.

SCB X PCL Cyclically Adjusted PB Ratio Chart

SCB X 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 - - 0.88 0.81 0.85

SCB X 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 0.85 0.76 0.80 0.85 0.88

Competitive Comparison of SCB X PCL's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, SCB X 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.


SCB X PCL's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SCB X PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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SCB X 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=121.00/140.56
=0.86

* 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.

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

For example, SCB X 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)
=148.869/134.9266*134.9266
=148.869

Current CPI (Mar. 2025) = 134.9266.

SCB X PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 86.561 100.684 116.000
201509 85.690 100.392 115.168
201512 90.438 99.792 122.279
201603 94.627 100.470 127.079
201606 94.190 101.688 124.978
201609 95.753 101.861 126.836
201612 98.386 101.863 130.321
201703 102.055 102.862 133.868
201706 101.988 103.349 133.150
201709 104.250 104.136 135.075
201712 106.915 104.011 138.694
201803 109.724 105.290 140.609
201806 107.990 106.317 137.050
201809 109.640 106.507 138.896
201812 111.788 105.998 142.297
201903 115.141 107.251 144.853
201906 116.110 108.070 144.965
201909 116.332 108.329 144.894
201912 117.770 108.420 146.562
202003 116.259 108.902 144.042
202006 118.852 108.767 147.437
202009 119.475 109.815 146.796
202012 121.144 109.897 148.735
202103 123.792 111.754 149.460
202106 124.120 114.631 146.095
202109 125.271 115.734 146.045
202112 129.726 117.630 148.802
202203 132.643 121.301 147.543
202206 132.767 125.017 143.291
202209 135.764 125.227 146.280
202212 136.982 125.222 147.598
202303 139.992 127.348 148.323
202306 138.234 128.729 144.890
202309 138.515 129.860 143.920
202312 141.986 129.419 148.028
202403 145.423 131.776 148.900
202406 140.409 132.554 142.922
202409 141.868 133.029 143.892
202412 145.120 133.157 147.048
202503 148.869 134.927 148.869

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.


SCB X PCL  (BKK:SCB) 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.


SCB X PCL Cyclically Adjusted PB Ratio Related Terms

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


SCB X PCL Business Description

Industry
Traded in Other Exchanges
Address
9 Ratchadapisek Road, Jatujak, Bangkok, THA, 10900
SCB X PCL is a full-service Thai bank, and its principal shareholder is the Thai Crown Property Bureau, followed by a fund operating under the Thai Ministry of Finance. The bank provides a range of financial services such as customer deposits, home loans, personal credit, car hire purchases, ATM and debit transactions, currency exchanges, overseas remittances, corporate banking, insurance, asset management, and securities trading. The bank's long-term focuses on small and medium-sized enterprises, financial planning, customer service, and digitalization and analytics. Nearly half of its loan portfolio is in retail loans, the majority of which are housing loans.

SCB X PCL Headlines

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