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Thai O PP PCL (BKK:TOPP) Cyclically Adjusted PB Ratio : 0.67 (As of Jun. 13, 2024)


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What is Thai O PP PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Thai O PP PCL's current share price is ฿169.50. Thai O PP PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿253.61. Thai O PP PCL's Cyclically Adjusted PB Ratio for today is 0.67.

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

BKK:TOPP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.01   Max: 1.55
Current: 0.67

During the past years, Thai O PP PCL's highest Cyclically Adjusted PB Ratio was 1.55. The lowest was 0.55. And the median was 1.01.

BKK:TOPP's Cyclically Adjusted PB Ratio is ranked better than
72.52% of 313 companies
in the Packaging & Containers industry
Industry Median: 1.23 vs BKK:TOPP: 0.67

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 O PP PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿277.388. 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 ฿253.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai O PP PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thai O PP 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 O PP PCL Cyclically Adjusted PB Ratio Chart

Thai O PP PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 1.02 0.77 0.69 0.64

Thai O PP PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.66 0.63 0.64 0.66

Competitive Comparison of Thai O PP PCL's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Thai O PP 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 O PP PCL's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai O PP PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=169.50/253.61
=0.67

* 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 O PP PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Thai O PP PCL's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=277.388/131.7762*131.7762
=277.388

Current CPI (Mar. 2024) = 131.7762.

Thai O PP PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 149.977 100.560 196.534
201409 154.851 100.428 203.188
201412 158.340 99.070 210.614
201503 162.128 99.621 214.459
201506 162.293 100.684 212.411
201509 167.609 100.392 220.007
201512 170.613 99.792 225.295
201603 175.216 100.470 229.812
201606 175.693 101.688 227.678
201609 180.140 101.861 233.045
201612 184.192 101.863 238.283
201703 189.445 102.862 242.697
201706 189.553 103.349 241.691
201709 194.348 104.136 245.934
201712 197.210 104.011 249.854
201803 201.406 105.290 252.072
201806 200.119 106.317 248.041
201809 203.350 106.507 251.596
201812 207.388 105.998 257.824
201903 211.448 107.251 259.801
201906 211.555 108.070 257.963
201909 217.970 108.329 265.147
201912 221.744 108.420 269.513
202003 229.023 108.902 277.129
202006 230.539 108.767 279.308
202009 235.445 109.815 282.530
202012 237.266 109.897 284.503
202103 243.086 111.754 286.637
202106 240.634 114.631 276.624
202109 245.294 115.734 279.294
202112 247.996 117.630 277.821
202203 251.594 121.301 273.321
202206 253.476 125.017 267.181
202209 258.108 125.227 271.608
202212 257.539 125.222 271.019
202303 261.005 127.348 270.081
202306 262.816 128.729 269.038
202309 267.725 129.860 271.677
202312 270.807 129.419 275.739
202403 277.388 131.776 277.388

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 O PP PCL  (BKK:TOPP) 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 O PP PCL Cyclically Adjusted PB Ratio Related Terms

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


Thai O PP PCL (BKK:TOPP) Business Description

Traded in Other Exchanges
N/A
Address
1741 Chan Road, Thungmahamek, Sathorn, Bangkok, THA, 10120
Thai O PP PCL is a company engaged in the manufacture and distribution of Plastic films, stickers, Laminate tubes, and packaging. The company offers various types of plastic films, such as shrink films, C.P.P. (cast polypropylene) films, metalized films, stretch films for lamination, heat sealable oriented polypropylene (O.P.P.) films, skin vacuum films, and protection films. The segments of the company include Plastic films, stickers, and Tube.

Thai O PP PCL (BKK:TOPP) Headlines

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