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SPCG PCL (BKK:SPCG-F) Cyclically Adjusted PB Ratio : 0.46 (As of Jul. 18, 2025)


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What is SPCG PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-18), SPCG PCL's current share price is ฿18.60. SPCG PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿40.72. SPCG PCL's Cyclically Adjusted PB Ratio for today is 0.46.

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

BKK:SPCG-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.86   Max: 5.16
Current: 0.5

During the past years, SPCG PCL's highest Cyclically Adjusted PB Ratio was 5.16. The lowest was 0.44. And the median was 1.86.

BKK:SPCG-F's Cyclically Adjusted PB Ratio is ranked better than
76.79% of 280 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.045 vs BKK:SPCG-F: 0.50

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.

SPCG PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿17.692. 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 ฿40.72 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPCG PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SPCG 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.

SPCG PCL Cyclically Adjusted PB Ratio Chart

SPCG 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 2.43 1.78 1.18 0.88 0.54

SPCG 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 0.78 0.58 0.60 0.54 0.46

Competitive Comparison of SPCG PCL's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, SPCG 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.


SPCG PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SPCG PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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SPCG 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.60/40.72
=0.46

* 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.

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

For example, SPCG 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)
=17.692/134.9266*134.9266
=17.692

Current CPI (Mar. 2025) = 134.9266.

SPCG PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.155 100.684 9.588
201509 7.674 100.392 10.314
201512 7.760 99.792 10.492
201603 8.431 100.470 11.322
201606 8.232 101.688 10.923
201609 8.316 101.861 11.015
201612 8.977 101.863 11.891
201703 9.693 102.862 12.715
201706 9.619 103.349 12.558
201709 9.738 104.136 12.617
201712 10.514 104.011 13.639
201803 11.812 105.290 15.137
201806 11.825 106.317 15.007
201809 11.814 106.507 14.966
201812 12.563 105.998 15.992
201903 13.285 107.251 16.713
201906 13.315 108.070 16.624
201909 13.417 108.329 16.711
201912 14.186 108.420 17.654
202003 14.142 108.902 17.522
202006 14.823 108.767 18.388
202009 14.976 109.815 18.401
202012 15.628 109.897 19.187
202103 15.119 111.754 18.254
202106 15.072 114.631 17.740
202109 15.335 115.734 17.878
202112 15.904 117.630 18.243
202203 16.485 121.301 18.337
202206 16.459 125.017 17.764
202209 16.667 125.227 17.958
202212 17.302 125.222 18.643
202303 17.867 127.348 18.930
202306 17.780 128.729 18.636
202309 17.758 129.860 18.451
202312 18.125 129.419 18.896
202403 18.403 131.776 18.843
202406 17.888 132.554 18.208
202409 17.452 133.029 17.701
202412 17.562 133.157 17.795
202503 17.692 134.927 17.692

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.


SPCG PCL  (BKK:SPCG-F) 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.


SPCG PCL Cyclically Adjusted PB Ratio Related Terms

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


SPCG PCL Business Description

Traded in Other Exchanges
Address
No. 1 Capital Work Place Building, 10th Floor, Soi Jamjan, Klongton Nua, Sub-District, Wattana, Bangkok, THA, 10110
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.

SPCG PCL Headlines

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