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Cho Thavee Dollasien (Cho Thavee Dollasien) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Cho Thavee Dollasien 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


Cho Thavee Dollasien Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cho Thavee Dollasien'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.

Cho Thavee Dollasien Cyclically Adjusted PB Ratio Chart

Cho Thavee Dollasien 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 - - 0.32 0.42 0.16

Cho Thavee Dollasien Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.42 0.46 0.18 0.24 0.16

Competitive Comparison of Cho Thavee Dollasien's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Cho Thavee Dollasien'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.


Cho Thavee Dollasien's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cho Thavee Dollasien's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cho Thavee Dollasien's Cyclically Adjusted PB Ratio falls into.



Cho Thavee Dollasien 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.

Cho Thavee Dollasien's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cho Thavee Dollasien's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.021/129.4194*129.4194
=0.021

Current CPI (Dec. 2023) = 129.4194.

Cho Thavee Dollasien Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.023 99.695 0.030
201406 0.023 100.560 0.030
201409 0.026 100.428 0.034
201412 0.027 99.070 0.035
201503 0.027 99.621 0.035
201506 0.023 100.684 0.030
201509 0.022 100.392 0.028
201512 0.027 99.792 0.035
201603 0.027 100.470 0.035
201606 0.027 101.688 0.034
201609 0.027 101.861 0.034
201612 0.026 101.863 0.033
201703 0.024 102.862 0.030
201706 0.026 103.349 0.033
201709 0.027 104.136 0.034
201712 0.028 104.011 0.035
201803 0.032 105.290 0.039
201806 0.031 106.317 0.038
201809 0.033 106.507 0.040
201812 0.038 105.998 0.046
201903 0.041 107.251 0.049
201906 0.042 108.070 0.050
201909 0.043 108.329 0.051
201912 0.044 108.420 0.053
202003 0.048 108.902 0.057
202006 0.047 108.767 0.056
202009 0.045 109.815 0.053
202012 0.043 109.897 0.051
202103 0.040 111.754 0.046
202106 0.035 114.631 0.040
202109 0.038 115.734 0.042
202112 0.036 117.630 0.040
202203 0.046 121.301 0.049
202206 0.041 125.017 0.042
202209 0.034 125.227 0.035
202212 0.035 125.222 0.036
202303 0.035 127.348 0.036
202306 0.033 128.729 0.033
202309 0.029 129.860 0.029
202312 0.021 129.419 0.021

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.


Cho Thavee Dollasien  (OTCPK:CHOTF) 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.


Cho Thavee Dollasien Cyclically Adjusted PB Ratio Related Terms

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Cho Thavee Dollasien (Cho Thavee Dollasien) Business Description

Traded in Other Exchanges
Address
265 Moo 4, Klang Muang Road, Tambol Muang Khao, Amphur Muang, Khon Kaen, THA, 40000
Cho Thavee PCL along with its subsidiaries engages in the manufacturing, selling and providing service of trailer assembly, vehicles, and special equipment. The company's products comprise standard products, which include trucks, semi-trailer, full-trailer; and other related products. Its segments include deriving revenue from contracts such as standard products, special products and project contract; revenue from sales such as the sale of spare parts and vehicle prototype; and revenue from service such as maintenance service centre. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.

Cho Thavee Dollasien (Cho Thavee Dollasien) Headlines

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