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STP&I PCL (BKK:STPI-F) Cyclically Adjusted PB Ratio : 0.28 (As of Jun. 28, 2025)


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What is STP&I PCL Cyclically Adjusted PB Ratio?

As of today (2025-06-28), STP&I PCL's current share price is ฿3.62. STP&I PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿12.78. STP&I PCL's Cyclically Adjusted PB Ratio for today is 0.28.

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

BKK:STPI-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.85   Max: 2.29
Current: 0.6

During the past years, STP&I PCL's highest Cyclically Adjusted PB Ratio was 2.29. The lowest was 0.38. And the median was 0.85.

BKK:STPI-F's Cyclically Adjusted PB Ratio is ranked better than
85.07% of 2230 companies
in the Industrial Products industry
Industry Median: 2.05 vs BKK:STPI-F: 0.60

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.

STP&I PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿4.847. 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 ฿12.78 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


STP&I PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for STP&I 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.

STP&I PCL Cyclically Adjusted PB Ratio Chart

STP&I 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 0.76 1.22 0.72 0.53 0.53

STP&I 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 0.52 0.52 0.67 0.53 0.42

Competitive Comparison of STP&I PCL's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, STP&I 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.


STP&I PCL's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, STP&I PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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STP&I 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.

STP&I PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.62/12.78
=0.28

* 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.

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

For example, STP&I 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)
=4.847/134.9266*134.9266
=4.847

Current CPI (Mar. 2025) = 134.9266.

STP&I PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.268 100.684 7.060
201509 5.622 100.392 7.556
201512 6.089 99.792 8.233
201603 6.450 100.470 8.662
201606 6.445 101.688 8.552
201609 6.527 101.861 8.646
201612 6.572 101.863 8.705
201703 6.431 102.862 8.436
201706 4.849 103.349 6.331
201709 4.751 104.136 6.156
201712 4.648 104.011 6.030
201803 4.518 105.290 5.790
201806 4.475 106.317 5.679
201809 4.344 106.507 5.503
201812 4.251 105.998 5.411
201903 5.380 107.251 6.768
201906 4.914 108.070 6.135
201909 5.322 108.329 6.629
201912 5.211 108.420 6.485
202003 5.181 108.902 6.419
202006 5.057 108.767 6.273
202009 4.975 109.815 6.113
202012 4.618 109.897 5.670
202103 4.644 111.754 5.607
202106 4.644 114.631 5.466
202109 4.758 115.734 5.547
202112 4.826 117.630 5.536
202203 4.841 121.301 5.385
202206 4.730 125.017 5.105
202209 4.757 125.227 5.125
202212 4.722 125.222 5.088
202303 4.793 127.348 5.078
202306 4.797 128.729 5.028
202309 4.947 129.860 5.140
202312 4.806 129.419 5.011
202403 5.071 131.776 5.192
202406 5.118 132.554 5.210
202409 4.577 133.029 4.642
202412 4.753 133.157 4.816
202503 4.847 134.927 4.847

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.


STP&I PCL  (BKK:STPI-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.


STP&I PCL Cyclically Adjusted PB Ratio Related Terms

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


STP&I PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit 21 Road (Asoke), 32/24, 3rd Floor, Sino-Thai Tower, Kwaeng Klongtoey Nua, Khet Wattana, Bangkok, THA, 10110
STP&I PCL is engaged in steel fabrication work, and the manufacture of boilers and pressure vessels. Its products include Steel structure, Piping, Module providing services to engineering, fabrication and construction sectors. The company operates in five reportable segments namely, The fabrication work for construction and industrial purpose, Sale of electricity and servicing of electricity, Rental of property, and production and Distribution of hemp products. It has a business presence in Thailand, Spain, Japan, England, Sri Lanka and other countries.

STP&I PCL Headlines

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