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Vanachai Group PCL (BKK:VNG-R) Cyclically Adjusted PB Ratio : 0.44 (As of Jul. 09, 2025)


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What is Vanachai Group PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-09), Vanachai Group PCL's current share price is ฿2.43323. Vanachai Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿5.57. Vanachai Group PCL's Cyclically Adjusted PB Ratio for today is 0.44.

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

BKK:VNG-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.01   Max: 2.91
Current: 0.36

During the past years, Vanachai Group PCL's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 0.36. And the median was 1.01.

BKK:VNG-R's Cyclically Adjusted PB Ratio is ranked better than
78.86% of 246 companies
in the Forest Products industry
Industry Median: 0.805 vs BKK:VNG-R: 0.36

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.

Vanachai Group PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿4.217. 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 ฿5.57 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vanachai Group PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vanachai Group 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.

Vanachai Group PCL Cyclically Adjusted PB Ratio Chart

Vanachai Group 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 0.70 1.56 1.09 0.70 0.57

Vanachai Group 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 0.67 0.62 0.70 0.57 0.44

Competitive Comparison of Vanachai Group PCL's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Vanachai Group 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.


Vanachai Group PCL's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Vanachai Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.43323/5.57
=0.44

* 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.

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

For example, Vanachai Group 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)
=4.217/134.9266*134.9266
=4.217

Current CPI (Mar. 2025) = 134.9266.

Vanachai Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.481 100.684 6.005
201509 4.598 100.392 6.180
201512 4.773 99.792 6.453
201603 4.976 100.470 6.683
201606 4.968 101.688 6.592
201609 5.048 101.861 6.687
201612 5.302 101.863 7.023
201703 5.471 102.862 7.176
201706 5.362 103.349 7.000
201709 5.407 104.136 7.006
201712 5.496 104.011 7.130
201803 5.383 105.290 6.898
201806 5.091 106.317 6.461
201809 4.956 106.507 6.278
201812 4.846 105.998 6.169
201903 4.713 107.251 5.929
201906 4.396 108.070 5.488
201909 4.204 108.329 5.236
201912 3.956 108.420 4.923
202003 3.838 108.902 4.755
202006 3.815 108.767 4.733
202009 3.699 109.815 4.545
202012 3.594 109.897 4.413
202103 3.669 111.754 4.430
202106 3.865 114.631 4.549
202109 4.050 115.734 4.722
202112 4.240 117.630 4.863
202203 4.432 121.301 4.930
202206 4.339 125.017 4.683
202209 4.355 125.227 4.692
202212 4.262 125.222 4.592
202303 4.119 127.348 4.364
202306 4.059 128.729 4.254
202309 4.112 129.860 4.272
202312 4.177 129.419 4.355
202403 4.219 131.776 4.320
202406 4.320 132.554 4.397
202409 4.366 133.029 4.428
202412 4.240 133.157 4.296
202503 4.217 134.927 4.217

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.


Vanachai Group PCL  (BKK:VNG-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.


Vanachai Group PCL Cyclically Adjusted PB Ratio Related Terms

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


Vanachai Group PCL Business Description

Traded in Other Exchanges
Address
2/1 Wongsawang Road, Wongsawang, Bangsue, Bangkok, THA, 10800
Vanachai Group PCL is a Thailand-based company. The principal activities of the Company and its subsidiaries involve the production and distribution of wood plates, MDF boards, Particle boards, Doorskin, and Malamine on wood plates. The company creates wood-based goods such as particleboards, medium-density fiberboards (MDF boards), Doorskin, and melamine laminated particleboards, which are distributed to both domestic and international markets. Vanachai also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.

Vanachai Group PCL Headlines

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