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Triton Holding PCL (BKK:TRITN) Cyclically Adjusted PB Ratio : 0.76 (As of Jun. 09, 2024)


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What is Triton Holding PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Triton Holding PCL's current share price is ฿0.13. Triton Holding PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.17. Triton Holding PCL's Cyclically Adjusted PB Ratio for today is 0.76.

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

BKK:TRITN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.86   Max: 4.09
Current: 0.78

During the past years, Triton Holding PCL's highest Cyclically Adjusted PB Ratio was 4.09. The lowest was 0.76. And the median was 1.86.

BKK:TRITN's Cyclically Adjusted PB Ratio is ranked better than
64.84% of 1257 companies
in the Construction industry
Industry Median: 1.12 vs BKK:TRITN: 0.78

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.

Triton Holding PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿0.106. 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 ฿0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Triton Holding PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Triton Holding 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.

Triton Holding PCL Cyclically Adjusted PB Ratio Chart

Triton Holding 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 2.53 3.01 1.69 1.12 0.79

Triton Holding 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 0.97 0.96 0.90 0.79 0.78

Competitive Comparison of Triton Holding PCL's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Triton Holding 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.


Triton Holding PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Triton Holding PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Triton Holding 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.

Triton Holding PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.13/0.17
=0.76

* 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.

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

For example, Triton Holding 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)
=0.106/131.7762*131.7762
=0.106

Current CPI (Mar. 2024) = 131.7762.

Triton Holding PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.121 100.560 0.159
201409 0.121 100.428 0.159
201412 0.121 99.070 0.161
201503 0.119 99.621 0.157
201506 0.123 100.684 0.161
201509 0.164 100.392 0.215
201512 0.166 99.792 0.219
201603 0.166 100.470 0.218
201606 0.153 101.688 0.198
201609 0.152 101.861 0.197
201612 0.117 101.863 0.151
201703 0.114 102.862 0.146
201706 0.113 103.349 0.144
201709 0.111 104.136 0.140
201712 0.111 104.011 0.141
201803 0.113 105.290 0.141
201806 0.116 106.317 0.144
201809 0.123 106.507 0.152
201812 0.125 105.998 0.155
201903 0.127 107.251 0.156
201906 0.127 108.070 0.155
201909 0.160 108.329 0.195
201912 0.164 108.420 0.199
202003 0.164 108.902 0.198
202006 0.172 108.767 0.208
202009 0.176 109.815 0.211
202012 0.173 109.897 0.207
202103 0.170 111.754 0.200
202106 0.180 114.631 0.207
202109 0.174 115.734 0.198
202112 0.146 117.630 0.164
202203 0.148 121.301 0.161
202206 0.148 125.017 0.156
202209 0.144 125.227 0.152
202212 0.136 125.222 0.143
202303 0.133 127.348 0.138
202306 0.128 128.729 0.131
202309 0.120 129.860 0.122
202312 0.109 129.419 0.111
202403 0.106 131.776 0.106

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.


Triton Holding PCL  (BKK:TRITN) 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.


Triton Holding PCL Cyclically Adjusted PB Ratio Related Terms

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Triton Holding PCL (BKK:TRITN) Business Description

Traded in Other Exchanges
N/A
Address
Praditmanutham Road, 60 Soi Praditmanutham 19, Kwang Ladprao, Khet Ladprao, Bangkok, THA, 10230
Triton Holding PCL is a Thailand-based investment holding company. It is mainly engaged in the engineering and construction business. It operates through two segments namely Construction Business and Electricity and energy business. The company has its operations principally in Thailand. The Construction business segment act as a key revenue driver for the firm.

Triton Holding PCL (BKK:TRITN) Headlines

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