GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Vegetable Oil PCL (BKK:TVO-R) » Definitions » Cyclically Adjusted PB Ratio

Thai Vegetable Oil PCL (BKK:TVO-R) Cyclically Adjusted PB Ratio : 1.84 (As of Jul. 18, 2025)


View and export this data going back to 1990. Start your Free Trial

What is Thai Vegetable Oil PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-18), Thai Vegetable Oil PCL's current share price is ฿22.89954. Thai Vegetable Oil PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿12.44. Thai Vegetable Oil PCL's Cyclically Adjusted PB Ratio for today is 1.84.

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

BKK:TVO-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.61   Med: 2.78   Max: 4.45
Current: 1.82

During the past years, Thai Vegetable Oil PCL's highest Cyclically Adjusted PB Ratio was 4.45. The lowest was 1.61. And the median was 2.78.

BKK:TVO-R's Cyclically Adjusted PB Ratio is ranked worse than
60.93% of 1405 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs BKK:TVO-R: 1.82

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 Vegetable Oil PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿12.875. 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 ฿12.44 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Vegetable Oil PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thai Vegetable Oil 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 Vegetable Oil PCL Cyclically Adjusted PB Ratio Chart

Thai Vegetable Oil PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 2.78 2.58 1.85 1.91

Thai Vegetable Oil PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.60 1.81 2.01 1.91 1.76

Competitive Comparison of Thai Vegetable Oil PCL's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Thai Vegetable Oil 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 Vegetable Oil PCL's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Vegetable Oil PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Thai Vegetable Oil 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 Vegetable Oil PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.89954/12.44
=1.84

* 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 Vegetable Oil PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Thai Vegetable Oil PCL's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12.875/134.9266*134.9266
=12.875

Current CPI (Mar. 2025) = 134.9266.

Thai Vegetable Oil PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.428 100.684 11.294
201509 8.258 100.392 11.099
201512 8.477 99.792 11.462
201603 9.006 100.470 12.095
201606 9.087 101.688 12.057
201609 9.139 101.861 12.106
201612 9.604 101.863 12.721
201703 9.901 102.862 12.987
201706 8.771 103.349 11.451
201709 8.629 104.136 11.180
201712 9.206 104.011 11.942
201803 9.832 105.290 12.600
201806 9.711 106.317 12.324
201809 9.228 106.507 11.690
201812 9.521 105.998 12.119
201903 9.923 107.251 12.484
201906 9.512 108.070 11.876
201909 9.296 108.329 11.578
201912 9.741 108.420 12.122
202003 10.448 108.902 12.945
202006 10.150 108.767 12.591
202009 9.730 109.815 11.955
202012 10.257 109.897 12.593
202103 11.263 111.754 13.598
202106 11.350 114.631 13.359
202109 10.575 115.734 12.329
202112 10.695 117.630 12.268
202203 11.439 121.301 12.724
202206 11.692 125.017 12.619
202209 13.294 125.227 14.324
202212 11.508 125.222 12.400
202303 11.653 127.348 12.347
202306 10.843 128.729 11.365
202309 10.964 129.860 11.392
202312 11.323 129.419 11.805
202403 11.673 131.776 11.952
202406 11.640 132.554 11.848
202409 11.332 133.029 11.494
202412 12.275 133.157 12.438
202503 12.875 134.927 12.875

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 Vegetable Oil PCL  (BKK:TVO-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.


Thai Vegetable Oil PCL Cyclically Adjusted PB Ratio Related Terms

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


Thai Vegetable Oil PCL Business Description

Traded in Other Exchanges
Address
149 Ratchadapisek Road (Thapra-Taksin), Bukkhalo Sub-District, Thonburi District, Bangkok, THA, 10600
Thai Vegetable Oil PCL is engaged in the manufacture and distribution of soy meal and soybean oil. The company has three reportable segments namely, the manufacture and distribution of products from the soybean segment, which derives key revenue and is engaged in the manufacturing and distribution of soy meal and soybean oil; the manufacture and distribution of packaging products, and the Other segment, which is the distribution of consumer products. The company operates in Thailand only.

Thai Vegetable Oil PCL Headlines

No Headlines