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Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT) Cyclically Adjusted PB Ratio : 0.45 (As of May. 18, 2024)


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What is Sub Sri Thai Real Estate Investment Trust Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Sub Sri Thai Real Estate Investment Trust's current share price is ฿5.00. Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ฿11.15. Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 0.45.

The historical rank and industry rank for Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:SSTRT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.48   Max: 0.48
Current: 0.48

During the past 10 years, Sub Sri Thai Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 0.48. The lowest was 0.48. And the median was 0.48.

BKK:SSTRT's Cyclically Adjusted PB Ratio is ranked better than
71.86% of 494 companies
in the REITs industry
Industry Median: 0.77 vs BKK:SSTRT: 0.48

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.

Sub Sri Thai Real Estate Investment Trust's adjusted book value per share data of for the fiscal year that ended in Dec23 was ฿7.991. 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 ฿11.15 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sub Sri Thai Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sub Sri Thai Real Estate Investment Trust'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.

Sub Sri Thai Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Sub Sri Thai Real Estate Investment Trust 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 - - - - 0.48

Sub Sri Thai Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 0.48

Competitive Comparison of Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio

For the REIT - Industrial subindustry, Sub Sri Thai Real Estate Investment Trust'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.


Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.



Sub Sri Thai Real Estate Investment Trust 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.

Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.00/11.15
=0.45

* 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.

Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sub Sri Thai Real Estate Investment Trust's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=7.991/129.4194*129.4194
=7.991

Current CPI (Dec23) = 129.4194.

Sub Sri Thai Real Estate Investment Trust Annual Data

Book Value per Share CPI Adj_Book
201412 10.289 99.070 13.441
201512 10.401 99.792 13.489
201612 10.473 101.863 13.306
201712 7.715 104.011 9.600
201812 7.719 105.998 9.425
201912 7.839 108.420 9.357
202012 8.132 109.897 9.577
202112 8.144 117.630 8.960
202212 7.786 125.222 8.047
202312 7.991 129.419 7.991

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.


Sub Sri Thai Real Estate Investment Trust  (BKK:SSTRT) 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.


Sub Sri Thai Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT) Business Description

Traded in Other Exchanges
N/A
Address
Soi Pattanakarn 20, 206, Plaza Building, 4th Floor, Suan Luang Sub-District, Bangkok, THA, 10250
Sub Sri Thai Real Estate Investment Trust is a closed-end property fund. The company's objective is to raise funds from general investors and to use the proceeds from fundraising for investing in real estates or leasehold in real estate and the assets which are parts or accessories of such real estates.

Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT) Headlines

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