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TTW PCL (BKK:TTW-R) Cyclically Adjusted PB Ratio : 2.30 (As of Sep. 24, 2024)


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What is TTW PCL Cyclically Adjusted PB Ratio?

As of today (2024-09-24), TTW PCL's current share price is ฿8.54979. TTW PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ฿3.71. TTW PCL's Cyclically Adjusted PB Ratio for today is 2.30.

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

BKK:TTW-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.25   Med: 3.68   Max: 4.93
Current: 2.41

During the past years, TTW PCL's highest Cyclically Adjusted PB Ratio was 4.93. The lowest was 2.25. And the median was 3.68.

BKK:TTW-R's Cyclically Adjusted PB Ratio is ranked worse than
75.23% of 436 companies
in the Utilities - Regulated industry
Industry Median: 1.48 vs BKK:TTW-R: 2.41

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.

TTW PCL's adjusted book value per share data for the three months ended in Jun. 2024 was ฿3.765. 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 ฿3.71 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TTW PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TTW 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.

TTW PCL Cyclically Adjusted PB Ratio Chart

TTW 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 4.65 4.04 3.41 2.51 2.45

TTW PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.33 2.42 2.45 2.37 2.30

Competitive Comparison of TTW PCL's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Water subindustry, TTW 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.


TTW PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, TTW PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



TTW 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.54979/3.71
=2.30

* 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.

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

For example, TTW PCL's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=3.765/132.5538*132.5538
=3.765

Current CPI (Jun. 2024) = 132.5538.

TTW PCL Quarterly Data

Book Value per Share CPI Adj_Book
201409 2.659 100.428 3.510
201412 2.845 99.070 3.807
201503 2.676 99.621 3.561
201506 2.862 100.684 3.768
201509 2.694 100.392 3.557
201512 2.854 99.792 3.791
201603 3.006 100.470 3.966
201606 2.865 101.688 3.735
201609 2.733 101.861 3.557
201612 2.880 101.863 3.748
201703 3.037 102.862 3.914
201706 2.902 103.349 3.722
201709 2.791 104.136 3.553
201712 2.966 104.011 3.780
201803 3.143 105.290 3.957
201806 3.017 106.317 3.762
201809 2.922 106.507 3.637
201812 3.088 105.998 3.862
201903 3.271 107.251 4.043
201906 3.152 108.070 3.866
201909 3.043 108.329 3.723
201912 3.278 108.420 4.008
202003 3.395 108.902 4.132
202006 3.298 108.767 4.019
202009 3.221 109.815 3.888
202012 3.422 109.897 4.128
202103 3.578 111.754 4.244
202106 3.482 114.631 4.026
202109 3.382 115.734 3.874
202112 3.547 117.630 3.997
202203 3.711 121.301 4.055
202206 3.585 125.017 3.801
202209 3.489 125.227 3.693
202212 3.687 125.222 3.903
202303 3.842 127.348 3.999
202306 3.674 128.729 3.783
202309 3.582 129.860 3.656
202312 3.819 129.419 3.911
202403 3.914 131.776 3.937
202406 3.765 132.554 3.765

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.


TTW PCL  (BKK:TTW-R) 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.


TTW PCL Cyclically Adjusted PB Ratio Related Terms

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


TTW PCL Business Description

Industry
Traded in Other Exchanges
Address
Budha Monthon 5 Road, 30/130 Moo 12, Rai Khing, RaiKhing, Sam Pran, Nakhon Pathom, THA, 73210
TTW PCL is a Thailand-based company chiefly engaged in the production and sale of treated water to its major customer, Provincial Waterworks Authority (PWA). The company supplies water to certain southern regions of Thailand that include Nakhon Pathom, and Samut Sakhon. The subsidiaries of TTW PLC provide production, sale, operation, and maintenance services and operate within Thailand. The majority of the company's revenue is derived from sales of treated water to public sector agencies, while the rest is derived from private sector agencies and other sources.

TTW PCL Headlines

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