GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Siam Pan Group PCL (BKK:SPG) » Definitions » Cyclically Adjusted PB Ratio

Siam Pan Group PCL (BKK:SPG) Cyclically Adjusted PB Ratio : 0.83 (As of Jun. 09, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Siam Pan Group PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Siam Pan Group PCL's current share price is ฿14.20. Siam Pan Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿17.16. Siam Pan Group PCL's Cyclically Adjusted PB Ratio for today is 0.83.

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

BKK:SPG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.05   Max: 1.65
Current: 0.83

During the past years, Siam Pan Group PCL's highest Cyclically Adjusted PB Ratio was 1.65. The lowest was 0.81. And the median was 1.05.

BKK:SPG's Cyclically Adjusted PB Ratio is ranked better than
78.2% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs BKK:SPG: 0.83

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.

Siam Pan Group PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿16.600. 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 ฿17.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siam Pan Group PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Siam Pan Group 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.

Siam Pan Group PCL Cyclically Adjusted PB Ratio Chart

Siam Pan Group 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 1.03 1.23 1.28 1.04 0.94

Siam Pan Group 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 0.95 0.96 0.94 0.94 0.89

Competitive Comparison of Siam Pan Group PCL's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Siam Pan Group 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.


Siam Pan Group PCL's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Siam Pan Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Siam Pan Group 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.

Siam Pan Group PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.20/17.16
=0.83

* 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.

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

For example, Siam Pan Group 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)
=16.6/131.7762*131.7762
=16.600

Current CPI (Mar. 2024) = 131.7762.

Siam Pan Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.620 100.560 15.227
201409 11.862 100.428 15.565
201412 12.183 99.070 16.205
201503 12.464 99.621 16.487
201506 12.189 100.684 15.953
201509 12.126 100.392 15.917
201512 12.555 99.792 16.579
201603 12.956 100.470 16.993
201606 13.110 101.688 16.989
201609 13.089 101.861 16.933
201612 13.498 101.863 17.462
201703 13.460 102.862 17.244
201706 13.867 103.349 17.681
201709 13.648 104.136 17.271
201712 13.930 104.011 17.649
201803 14.232 105.290 17.812
201806 14.055 106.317 17.421
201809 14.245 106.507 17.625
201812 14.568 105.998 18.111
201903 14.733 107.251 18.102
201906 14.285 108.070 17.419
201909 14.451 108.329 17.579
201912 14.762 108.420 17.942
202003 15.024 108.902 18.180
202006 14.643 108.767 17.741
202009 14.851 109.815 17.821
202012 15.143 109.897 18.158
202103 15.610 111.754 18.407
202106 15.558 114.631 17.885
202109 15.811 115.734 18.003
202112 15.587 117.630 17.462
202203 15.966 121.301 17.345
202206 15.840 125.017 16.696
202209 16.032 125.227 16.871
202212 16.152 125.222 16.997
202303 16.456 127.348 17.028
202306 15.861 128.729 16.236
202309 16.055 129.860 16.292
202312 16.348 129.419 16.646
202403 16.600 131.776 16.600

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.


Siam Pan Group PCL  (BKK:SPG) 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.


Siam Pan Group PCL Cyclically Adjusted PB Ratio Related Terms

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


Siam Pan Group PCL (BKK:SPG) Business Description

Traded in Other Exchanges
N/A
Address
No. 488, Nakhon Sawan Road, Mahanak Junction, Dusit District, Bangkok, THA, 10300
Siam Pan Group PCL is a Thailand based company that is engaged in the auto parts business sector. The company has the following crucial segments which include grease, lubricating oil, and batteries. In terms of revenue, the Lubricating oil segment generates more revenue for the company. The organization has its branches present in Thailand, Myanmar and other countries of which it generates maximum revenue from Thailand.