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Yong Thai PCL (BKK:YCI-R) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Yong Thai PCL Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yong Thai PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yong Thai 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.

Yong Thai PCL Cyclically Adjusted PB Ratio Chart

Yong Thai PCL Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Yong Thai PCL Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Yong Thai PCL's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Yong Thai 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.


Yong Thai PCL's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yong Thai PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yong Thai 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.

Yong Thai PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, Yong Thai PCL's adjusted Book Value per Share data for the three months ended in Mar. 2021 was:

Adj_Book=Book Value per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=0.839/111.7544*111.7544
=0.839

Current CPI (Mar. 2021) = 111.7544.

Yong Thai PCL Quarterly Data

Book Value per Share CPI Adj_Book
201106 0.656 95.235 0.770
201109 0.749 95.727 0.874
201112 0.585 95.213 0.687
201203 0.571 96.783 0.659
201206 0.418 96.819 0.482
201209 0.245 97.633 0.280
201212 0.141 96.871 0.163
201303 -0.016 98.209 -0.018
201306 -0.209 98.518 -0.237
201309 -0.367 98.790 -0.415
201312 -0.263 98.326 -0.299
201403 -0.532 99.695 -0.596
201406 -0.505 100.560 -0.561
201409 -0.707 100.428 -0.787
201412 -0.018 99.070 -0.020
201503 -0.961 99.621 -1.078
201506 -1.107 100.684 -1.229
201509 -0.880 100.392 -0.980
201512 -0.154 99.792 -0.172
201603 1.940 100.470 2.158
201606 1.701 101.688 1.869
201609 1.961 101.861 2.151
201612 1.297 101.863 1.423
201703 1.852 102.862 2.012
201706 1.769 103.349 1.913
201709 1.702 104.136 1.827
201712 1.170 104.011 1.257
201803 1.698 105.290 1.802
201806 1.618 106.317 1.701
201809 1.558 106.507 1.635
201812 1.025 105.998 1.081
201903 1.176 107.251 1.225
201906 1.004 108.070 1.038
201909 0.626 108.329 0.646
201912 0.548 108.420 0.565
202003 1.048 108.902 1.075
202006 0.905 108.767 0.930
202009 0.791 109.815 0.805
202012 1.129 109.897 1.148
202103 0.839 111.754 0.839

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.


Yong Thai PCL  (BKK:YCI-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.


Yong Thai PCL Cyclically Adjusted PB Ratio Related Terms

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


Yong Thai PCL (BKK:YCI-R) Business Description

Industry
Traded in Other Exchanges
N/A
Address
South Sathorn Road, No. 1 Empire Tower, 27th Floor, Room 2701-3, 2712-14, Yannawa Sub District, Sathorn District, Bangkok, THA, 10120
Yong Thai PCL is a Thailand-based company engaged in the production of industrial chemicals. It has a single reportable segment which is the Business concerning zirconium production. Its business operation is located in Thailand. The products offered by the company include Zirconium Silicate, Zircon Flour, Zircon Sand, Liquid Acid, Sulphur, and Aluminium Hydroxide.

Yong Thai PCL (BKK:YCI-R) Headlines

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