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Sri Trang Agro-Industry (BKK:STA-R) Cyclically Adjusted PB Ratio : 0.79 (As of Jun. 20, 2024)


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What is Sri Trang Agro-Industry Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Sri Trang Agro-Industry's current share price is ฿17.2255. Sri Trang Agro-Industry's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿21.91. Sri Trang Agro-Industry's Cyclically Adjusted PB Ratio for today is 0.79.

The historical rank and industry rank for Sri Trang Agro-Industry's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:STA-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.93   Max: 3.22
Current: 0.88

During the past years, Sri Trang Agro-Industry's highest Cyclically Adjusted PB Ratio was 3.22. The lowest was 0.56. And the median was 0.93.

BKK:STA-R's Cyclically Adjusted PB Ratio is ranked better than
74.84% of 1216 companies
in the Chemicals industry
Industry Median: 1.66 vs BKK:STA-R: 0.88

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.

Sri Trang Agro-Industry's adjusted book value per share data for the three months ended in Mar. 2024 was ฿32.901. 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 ฿21.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sri Trang Agro-Industry Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sri Trang Agro-Industry'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.

Sri Trang Agro-Industry Cyclically Adjusted PB Ratio Chart

Sri Trang Agro-Industry 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 0.64 1.58 1.61 0.96 0.67

Sri Trang Agro-Industry 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 1.01 0.73 0.61 0.67 0.79

Competitive Comparison of Sri Trang Agro-Industry's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Sri Trang Agro-Industry'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.


Sri Trang Agro-Industry's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sri Trang Agro-Industry's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sri Trang Agro-Industry's Cyclically Adjusted PB Ratio falls into.



Sri Trang Agro-Industry 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.

Sri Trang Agro-Industry's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.2255/21.91
=0.79

* 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.

Sri Trang Agro-Industry's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sri Trang Agro-Industry'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)
=32.901/131.7762*131.7762
=32.901

Current CPI (Mar. 2024) = 131.7762.

Sri Trang Agro-Industry Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.848 100.560 19.457
201409 15.176 100.428 19.913
201412 15.425 99.070 20.517
201503 15.576 99.621 20.604
201506 15.635 100.684 20.463
201509 16.012 100.392 21.018
201512 15.989 99.792 21.114
201603 15.814 100.470 20.742
201606 16.057 101.688 20.808
201609 15.933 101.861 20.612
201612 14.941 101.863 19.329
201703 14.866 102.862 19.045
201706 12.844 103.349 16.377
201709 14.553 104.136 18.416
201712 14.914 104.011 18.895
201803 15.357 105.290 19.220
201806 15.988 106.317 19.817
201809 15.957 106.507 19.743
201812 16.938 105.998 21.057
201903 15.628 107.251 19.202
201906 15.614 108.070 19.039
201909 15.667 108.329 19.058
201912 15.702 108.420 19.085
202003 16.420 108.902 19.869
202006 20.465 108.767 24.794
202009 21.861 109.815 26.233
202012 24.786 109.897 29.721
202103 28.794 111.754 33.953
202106 29.414 114.631 33.813
202109 30.403 115.734 34.617
202112 30.372 117.630 34.025
202203 31.288 121.301 33.990
202206 31.435 125.017 33.135
202209 33.022 125.227 34.749
202212 33.456 125.222 35.207
202303 34.179 127.348 35.368
202306 33.270 128.729 34.058
202309 33.186 129.860 33.676
202312 32.774 129.419 33.371
202403 32.901 131.776 32.901

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.


Sri Trang Agro-Industry  (BKK:STA-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.


Sri Trang Agro-Industry Cyclically Adjusted PB Ratio Related Terms

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


Sri Trang Agro-Industry (BKK:STA-R) Business Description

Traded in Other Exchanges
Address
10 Soi 10, Phetkasem Road, Hat Yai, Songkhla, THA, 90110
Sri Trang Agro-Industry PLC generates the vast majority of its revenue through the production and distribution of rubber and latex products. These products are used in the tire, automotive, and adhesive industries. The company produces rubber gloves that are used for medical and industrial purposes, while also specializing in high-pressure hydraulic hoses used for industrial and mining operations. Sri Trang Agro-Industry's primary processing facilities operate in Thailand, Indonesia, and Myanmar. The company's products are distributed in several countries including China, Singapore, Thailand, Indonesia, the United States, and Vietnam.

Sri Trang Agro-Industry (BKK:STA-R) Headlines

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