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Thai Wah PCL (BKK:TWPC) Cyclically Adjusted PB Ratio : 0.32 (As of Jun. 03, 2025)


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What is Thai Wah PCL Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Thai Wah PCL's current share price is ฿2.18. Thai Wah PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿6.73. Thai Wah PCL's Cyclically Adjusted PB Ratio for today is 0.32.

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

BKK:TWPC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.01   Max: 4.06
Current: 0.32

During the past years, Thai Wah PCL's highest Cyclically Adjusted PB Ratio was 4.06. The lowest was 0.32. And the median was 1.01.

BKK:TWPC's Cyclically Adjusted PB Ratio is ranked better than
90.76% of 1310 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs BKK:TWPC: 0.32

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 Wah PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿5.589. 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 ฿6.73 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Wah PCL Cyclically Adjusted PB Ratio Historical Data

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

Thai Wah 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 0.89 1.11 0.91 0.64 0.40

Thai Wah 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 0.57 0.57 0.50 0.40 0.35

Competitive Comparison of Thai Wah PCL's Cyclically Adjusted PB Ratio

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

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

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


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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.18/6.73
=0.32

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

For example, Thai Wah 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)
=5.589/134.9266*134.9266
=5.589

Current CPI (Mar. 2025) = 134.9266.

Thai Wah PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.675 100.684 3.585
201509 2.751 100.392 3.697
201512 5.386 99.792 7.282
201603 5.572 100.470 7.483
201606 5.425 101.688 7.198
201609 5.536 101.861 7.333
201612 5.792 101.863 7.672
201703 5.937 102.862 7.788
201706 5.829 103.349 7.610
201709 5.943 104.136 7.700
201712 6.072 104.011 7.877
201803 6.158 105.290 7.891
201806 5.902 106.317 7.490
201809 5.901 106.507 7.476
201812 6.025 105.998 7.669
201903 6.157 107.251 7.746
201906 5.786 108.070 7.224
201909 5.728 108.329 7.134
201912 5.703 108.420 7.097
202003 5.790 108.902 7.174
202006 5.636 108.767 6.991
202009 5.595 109.815 6.874
202012 5.559 109.897 6.825
202103 5.743 111.754 6.934
202106 5.717 114.631 6.729
202109 5.809 115.734 6.772
202112 5.864 117.630 6.726
202203 6.035 121.301 6.713
202206 5.903 125.017 6.371
202209 5.978 125.227 6.441
202212 5.986 125.222 6.450
202303 6.097 127.348 6.460
202306 5.812 128.729 6.092
202309 5.824 129.860 6.051
202312 5.733 129.419 5.977
202403 5.885 131.776 6.026
202406 5.704 132.554 5.806
202409 5.456 133.029 5.534
202412 5.488 133.157 5.561
202503 5.589 134.927 5.589

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 Wah PCL  (BKK:TWPC) 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 Wah PCL Cyclically Adjusted PB Ratio Related Terms

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


Thai Wah PCL Business Description

Traded in Other Exchanges
N/A
Address
South Sathorn Road, 21/11, 21/13 Thai Wah Tower 1 Building, 6th Floor, Tungmahamek, Sathorn, Bangkok, THA, 10120
Thai Wah PCL is a SEA Agri-Food Company engaged in the manufacture and distribution of vermicelli, tapioca starch and other food products. The Group is organised into business units based on their products and services and have reportable segments as the manufacture and distribution of starch and other agricultural products and the manufacture and distribution of vermicelli and other food products.

Thai Wah PCL Headlines

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