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Thai Industrial Fund 1 (BKK:TIF1) Cyclically Adjusted PB Ratio : 0.53 (As of Jun. 03, 2025)


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What is Thai Industrial Fund 1 Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Thai Industrial Fund 1's current share price is ฿6.80. Thai Industrial Fund 1's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ฿12.75. Thai Industrial Fund 1's Cyclically Adjusted PB Ratio for today is 0.53.

The historical rank and industry rank for Thai Industrial Fund 1's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:TIF1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.74   Max: 0.86
Current: 0.53

During the past years, Thai Industrial Fund 1's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.53. And the median was 0.74.

BKK:TIF1's Cyclically Adjusted PB Ratio is ranked better than
75.11% of 944 companies
in the Asset Management industry
Industry Median: 0.8 vs BKK:TIF1: 0.53

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 Industrial Fund 1's adjusted book value per share data for the three months ended in Dec. 2024 was ฿10.384. 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 ฿12.75 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Industrial Fund 1 Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thai Industrial Fund 1'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 Industrial Fund 1 Cyclically Adjusted PB Ratio Chart

Thai Industrial Fund 1 Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.74 0.72 0.71 0.61

Thai Industrial Fund 1 Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.68 0.61 0.61 0.62 0.58

Competitive Comparison of Thai Industrial Fund 1's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Thai Industrial Fund 1'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 Industrial Fund 1's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thai Industrial Fund 1's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thai Industrial Fund 1's Cyclically Adjusted PB Ratio falls into.


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Thai Industrial Fund 1 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 Industrial Fund 1's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.80/12.75
=0.53

* 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 Industrial Fund 1's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Thai Industrial Fund 1's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=10.384/133.1571*133.1571
=10.384

Current CPI (Dec. 2024) = 133.1571.

Thai Industrial Fund 1 Quarterly Data

Book Value per Share CPI Adj_Book
201503 10.258 99.621 13.711
201506 10.215 100.684 13.510
201509 10.235 100.392 13.575
201512 10.442 99.792 13.933
201603 10.429 100.470 13.822
201606 10.445 101.688 13.677
201609 10.471 101.861 13.688
201612 10.624 101.863 13.888
201703 10.647 102.862 13.783
201706 10.577 103.349 13.628
201709 10.608 104.136 13.564
201712 10.608 104.011 13.581
201803 10.650 105.290 13.469
201806 10.636 106.317 13.321
201809 10.670 106.507 13.340
201812 10.787 105.998 13.551
201903 10.802 107.251 13.411
201906 10.798 108.070 13.305
201909 10.811 108.329 13.289
201912 10.921 108.420 13.413
202003 10.931 108.902 13.366
202006 10.951 108.767 13.407
202009 10.974 109.815 13.307
202012 10.911 109.897 13.220
202103 10.925 111.754 13.017
202106 10.911 114.631 12.674
202109 10.921 115.734 12.565
202112 10.897 117.630 12.335
202203 10.887 121.301 11.951
202206 10.864 125.017 11.571
202209 10.879 125.227 11.568
202212 10.908 125.222 11.599
202303 10.884 127.348 11.381
202306 10.850 128.729 11.223
202309 10.843 129.860 11.118
202312 10.892 129.419 11.207
202403 10.872 131.776 10.986
202406 10.849 132.554 10.898
202409 10.818 133.029 10.828
202412 10.384 133.157 10.384

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 Industrial Fund 1  (BKK:TIF1) 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 Industrial Fund 1 Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Thai Industrial Fund 1's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Industrial Fund 1 Business Description

Traded in Other Exchanges
N/A
Address
Rama 1 Road, Floor 9th, 24th, No. 989 Siam Piwat Tower, Patumwan District, Bangkok, THA, 10330
Thai Industrial Fund 1 is an asset management company. The objective of the fund is to raise funds from general investors and to use the proceeds from such fundraising for the purchase and/or lease of immovable properties or property lease rights. It invests in land and factory buildings, industrial parks, and industrial promotion zone in Thailand. The one reportable operating segment of the Fund is to provide the rental on property in which the Fund has invested and the single geographical area of its operations is Thailand.

Thai Industrial Fund 1 Headlines

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