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Tongkah Harbour PCL (BKK:THL-F) Cyclically Adjusted PB Ratio : (As of Jul. 05, 2025)


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What is Tongkah Harbour PCL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tongkah Harbour PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tongkah Harbour 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.

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Tongkah Harbour PCL Cyclically Adjusted PB Ratio Chart

Tongkah Harbour PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Tongkah Harbour PCL Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of Tongkah Harbour PCL's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Tongkah Harbour 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.


Tongkah Harbour PCL's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tongkah Harbour PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Tongkah Harbour 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.

Tongkah Harbour PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Tongkah Harbour PCL's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.53/128.7287*128.7287
=0.530

Current CPI (Jun. 2023) = 128.7287.

Tongkah Harbour PCL Quarterly Data

Book Value per Share CPI Adj_Book
201303 -1.547 98.209 -2.028
201306 -1.578 98.518 -2.062
201312 -2.898 98.326 -3.794
201406 -3.387 100.560 -4.336
201409 0.000 100.428 0.000
201412 -462.220 99.070 -600.597
201503 0.000 99.621 0.000
201506 -5.287 100.684 -6.760
201509 -4.920 100.392 -6.309
201512 -4.973 99.792 -6.415
201603 0.498 100.470 0.638
201606 0.510 101.688 0.646
201609 0.495 101.861 0.626
201612 0.485 101.863 0.613
201703 0.477 102.862 0.597
201706 0.499 103.349 0.622
201709 0.562 104.136 0.695
201712 0.607 104.011 0.751
201803 0.623 105.290 0.762
201806 0.637 106.317 0.771
201809 0.636 106.507 0.769
201812 0.634 105.998 0.770
201903 0.672 107.251 0.807
201906 0.671 108.070 0.799
201909 0.674 108.329 0.801
201912 0.682 108.420 0.810
202003 0.723 108.902 0.855
202006 0.751 108.767 0.889
202009 0.756 109.815 0.886
202012 0.769 109.897 0.901
202103 0.771 111.754 0.888
202106 0.805 114.631 0.904
202109 0.864 115.734 0.961
202112 0.655 117.630 0.717
202203 0.643 121.301 0.682
202206 0.626 125.017 0.645
202209 0.611 125.227 0.628
202212 0.552 125.222 0.567
202303 0.547 127.348 0.553
202306 0.530 128.729 0.530

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.


Tongkah Harbour PCL  (BKK:THL-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.


Tongkah Harbour PCL Cyclically Adjusted PB Ratio Related Terms

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Tongkah Harbour PCL Business Description

Traded in Other Exchanges
N/A
Address
245 Nawamin Road, Nuauchan Subdistrict, Bueng Kum, Bangkok, THA, 10230
Tongkah Harbour PCL is a company engaged in mining operations. The principal activities of the company are tin mining, igneous rock quarrying, real estate development, minerals mining and cryptocurrency mining.

Tongkah Harbour PCL Headlines

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