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Thai Capital PCL (BKK:TCC-R) Cyclically Adjusted PB Ratio : 0.34 (As of Jul. 19, 2025)


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What is Thai Capital PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-19), Thai Capital PCL's current share price is ฿0.29. Thai Capital PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿0.85. Thai Capital PCL's Cyclically Adjusted PB Ratio for today is 0.34.

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

BKK:TCC-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.57   Max: 2.29
Current: 0.33

During the past years, Thai Capital PCL's highest Cyclically Adjusted PB Ratio was 2.29. The lowest was 0.21. And the median was 0.57.

BKK:TCC-R's Cyclically Adjusted PB Ratio is ranked better than
83.94% of 137 companies
in the Other Energy Sources industry
Industry Median: 1.3 vs BKK:TCC-R: 0.33

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.

Thai Capital PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿0.789. 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 ฿0.85 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Capital PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thai Capital 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.

Thai Capital PCL Cyclically Adjusted PB Ratio Chart

Thai Capital 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 0.32 1.54 1.17 0.67 0.49

Thai Capital 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 0.61 0.57 0.65 0.49 0.34

Competitive Comparison of Thai Capital PCL's Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, Thai Capital 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.


Thai Capital PCL's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Thai Capital PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Thai Capital 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.29/0.85
=0.34

* 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.

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

For example, Thai Capital 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)
=0.789/134.9266*134.9266
=0.789

Current CPI (Mar. 2025) = 134.9266.

Thai Capital PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.782 100.684 1.048
201509 0.740 100.392 0.995
201512 0.745 99.792 1.007
201603 0.669 100.470 0.898
201606 0.671 101.688 0.890
201609 0.668 101.861 0.885
201612 0.672 101.863 0.890
201703 0.659 102.862 0.864
201706 0.645 103.349 0.842
201709 0.645 104.136 0.836
201712 0.624 104.011 0.809
201803 0.626 105.290 0.802
201806 0.633 106.317 0.803
201809 0.630 106.507 0.798
201812 0.626 105.998 0.797
201903 0.618 107.251 0.777
201906 0.617 108.070 0.770
201909 0.616 108.329 0.767
201912 0.612 108.420 0.762
202003 0.610 108.902 0.756
202006 0.602 108.767 0.747
202009 0.600 109.815 0.737
202012 0.594 109.897 0.729
202103 0.593 111.754 0.716
202106 0.596 114.631 0.702
202109 0.624 115.734 0.727
202112 0.696 117.630 0.798
202203 0.716 121.301 0.796
202206 0.736 125.017 0.794
202209 0.788 125.227 0.849
202212 0.806 125.222 0.868
202303 0.811 127.348 0.859
202306 0.769 128.729 0.806
202309 0.799 129.860 0.830
202312 0.796 129.419 0.830
202403 0.802 131.776 0.821
202406 0.776 132.554 0.790
202409 0.775 133.029 0.786
202412 0.782 133.157 0.792
202503 0.789 134.927 0.789

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.


Thai Capital PCL  (BKK:TCC-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.


Thai Capital PCL Cyclically Adjusted PB Ratio Related Terms

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


Thai Capital PCL Business Description

Traded in Other Exchanges
Address
All Seasons Place, Wireless Road, 87/2 CRC Tower, 45th Floor, Lumpini, Phathumwan, Bangkok, THA, 10330
Thai Capital Corp PCL imports, distributes, and sells coal and steel products. The company and its subsidiaries engage in three principal businesses; Distribution of coal, Property Development, and Asset Management. The company focuses on importing coal for sale to industries that utilize coal as a source of energy. It also serves food, garments, Cement, and other Industries. The group operating segment includes the sale of coal and Asset Management. The group generates the majority of its revenue from the sale of coal.

Thai Capital PCL Headlines

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