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Bank Of Ayudhya PCL (FRA:AYUF) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


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What is Bank Of Ayudhya 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


Bank Of Ayudhya PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank Of Ayudhya 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.

Bank Of Ayudhya PCL Cyclically Adjusted PB Ratio Chart

Bank Of Ayudhya PCL 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 1.16 1.11 1.09 0.83 0.70

Bank Of Ayudhya PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.79 0.78 0.70 0.64 0.58

Competitive Comparison of Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bank Of Ayudhya 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.


Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank Of Ayudhya PCL's Cyclically Adjusted PB Ratio falls into.



Bank Of Ayudhya 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.

Bank Of Ayudhya PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Bank Of Ayudhya PCL's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.317/132.5538*132.5538
=1.317

Current CPI (Jun. 2024) = 132.5538.

Bank Of Ayudhya PCL Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.508 100.428 0.671
201412 0.533 99.070 0.713
201503 0.702 99.621 0.934
201506 0.660 100.684 0.869
201509 0.624 100.392 0.824
201512 0.660 99.792 0.877
201603 0.680 100.470 0.897
201606 0.679 101.688 0.885
201609 0.709 101.861 0.923
201612 0.750 101.863 0.976
201703 0.779 102.862 1.004
201706 0.770 103.349 0.988
201709 0.755 104.136 0.961
201712 0.793 104.011 1.011
201803 0.815 105.290 1.026
201806 0.837 106.317 1.044
201809 0.847 106.507 1.054
201812 0.886 105.998 1.108
201903 0.969 107.251 1.198
201906 1.002 108.070 1.229
201909 1.060 108.329 1.297
201912 1.097 108.420 1.341
202003 1.042 108.902 1.268
202006 1.080 108.767 1.316
202009 1.046 109.815 1.263
202012 1.068 109.897 1.288
202103 1.093 111.754 1.296
202106 1.100 114.631 1.272
202109 1.084 115.734 1.242
202112 1.138 117.630 1.282
202203 1.203 121.301 1.315
202206 1.206 125.017 1.279
202209 1.234 125.227 1.306
202212 1.258 125.222 1.332
202303 1.286 127.348 1.339
202306 1.277 128.729 1.315
202309 1.283 129.860 1.310
202312 1.313 129.419 1.345
202403 1.317 131.776 1.325
202406 1.317 132.554 1.317

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.


Bank Of Ayudhya PCL  (FRA:AYUF) 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.


Bank Of Ayudhya PCL Cyclically Adjusted PB Ratio Related Terms

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Bank Of Ayudhya PCL Business Description

Traded in Other Exchanges
Address
1222 Rama III Road, Bang Phongphang Subdistrict, Yannawa District, Bangkok, THA, 10120
Bank Of Ayudhya PCL is a full-service universal bank commonly referred to as Krunsgri, operating mostly in Thailand, and with some exposure to other Asian countries. The bank's operations include commercial banking, retail banking, and other financial services, such as wealth management, credit cards, insurance, asset management, securities trading, auto hire purchases, equipment leasing, factoring, microfinance, and instalment loans. Its segments include Retail, Commercial and Others.

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