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Thai Nakarin Hospital PCL (BKK:TNH-F) Cyclically Adjusted PB Ratio : 2.57 (As of Jul. 13, 2025)


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What is Thai Nakarin Hospital PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-13), Thai Nakarin Hospital PCL's current share price is ฿11.80. Thai Nakarin Hospital PCL's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was ฿4.59. Thai Nakarin Hospital PCL's Cyclically Adjusted PB Ratio for today is 2.57.

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

BKK:TNH-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.38   Med: 4.08   Max: 7.81
Current: 2.47

During the past years, Thai Nakarin Hospital PCL's highest Cyclically Adjusted PB Ratio was 7.81. The lowest was 2.38. And the median was 4.08.

BKK:TNH-F's Cyclically Adjusted PB Ratio is ranked worse than
58.84% of 362 companies
in the Healthcare Providers & Services industry
Industry Median: 2.01 vs BKK:TNH-F: 2.47

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 Nakarin Hospital PCL's adjusted book value per share data for the three months ended in Apr. 2025 was ฿18.093. 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 ฿4.59 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Nakarin Hospital PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thai Nakarin Hospital 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 Nakarin Hospital PCL Cyclically Adjusted PB Ratio Chart

Thai Nakarin Hospital PCL Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.98 4.05 3.88 3.40 2.99

Thai Nakarin Hospital PCL Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 3.07 2.99 3.02 2.93 2.57

Competitive Comparison of Thai Nakarin Hospital PCL's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Thai Nakarin Hospital 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 Nakarin Hospital PCL's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Thai Nakarin Hospital PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.80/4.59
=2.57

* 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 Nakarin Hospital PCL's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, Thai Nakarin Hospital PCL's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=18.093/135.3468*135.3468
=18.093

Current CPI (Apr. 2025) = 135.3468.

Thai Nakarin Hospital PCL Quarterly Data

Book Value per Share CPI Adj_Book
201507 5.411 100.691 7.273
201510 5.857 100.346 7.900
201601 5.561 99.957 7.530
201604 5.973 100.947 8.008
201607 6.372 101.524 8.495
201610 6.837 101.988 9.073
201701 6.490 102.456 8.573
201704 6.848 103.167 8.984
201707 7.336 103.278 9.614
201710 7.902 104.070 10.277
201801 7.750 104.578 10.030
201804 8.230 105.708 10.538
201807 8.714 106.324 11.093
201810 9.281 106.695 11.773
201901 9.027 106.200 11.504
201904 9.485 107.818 11.907
201907 9.877 108.250 12.349
201910 10.452 108.577 13.029
202001 10.245 108.841 12.740
202004 10.445 108.173 13.069
202007 10.726 109.318 13.280
202010 11.095 109.861 13.669
202101 10.919 110.364 13.391
202104 11.222 112.673 13.480
202107 11.937 115.183 14.027
202110 12.723 116.696 14.756
202201 12.882 118.619 14.699
202204 13.512 121.978 14.993
202207 13.800 125.002 14.942
202210 14.212 125.734 15.299
202301 14.095 126.223 15.114
202304 14.528 127.992 15.363
202307 15.192 128.974 15.943
202310 15.916 129.810 16.595
202401 15.920 130.124 16.559
202404 16.414 132.289 16.793
202407 17.009 132.708 17.347
202410 17.631 133.182 17.918
202501 17.607 134.029 17.780
202504 18.093 135.347 18.093

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 Nakarin Hospital PCL  (BKK:TNH-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.


Thai Nakarin Hospital PCL Cyclically Adjusted PB Ratio Related Terms

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


Thai Nakarin Hospital PCL Business Description

Traded in Other Exchanges
Address
No. 345 Thepparat Road, Kwaeng Bangna Nuea, Khet Bangna, Bangkok, THA, 10260
Thai Nakarin Hospital PCL is engaged in operating hospital in Thailand. It provides inpatient and outpatient services, and medical services. The company's operating units consist of an emergency department, X-ray unit, pharmacy department, physical therapy department, laboratory department and others.

Thai Nakarin Hospital PCL Headlines

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