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Kasikornbank Public Co (Kasikornbank Public Co) Cyclically Adjusted PB Ratio : 0.56 (As of Jun. 09, 2024)


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What is Kasikornbank Public Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Kasikornbank Public Co's current share price is $2.95. Kasikornbank Public Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.30. Kasikornbank Public Co's Cyclically Adjusted PB Ratio for today is 0.56.

The historical rank and industry rank for Kasikornbank Public Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

KPCPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.05   Max: 2.66
Current: 0.66

During the past years, Kasikornbank Public Co's highest Cyclically Adjusted PB Ratio was 2.66. The lowest was 0.59. And the median was 1.05.

KPCPF's Cyclically Adjusted PB Ratio is ranked better than
69.01% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs KPCPF: 0.66

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.

Kasikornbank Public Co's adjusted book value per share data for the three months ended in Mar. 2024 was $6.436. 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 $5.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kasikornbank Public Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kasikornbank Public Co'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.

Kasikornbank Public Co Cyclically Adjusted PB Ratio Chart

Kasikornbank Public Co 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 1.31 0.88 0.95 0.86 0.72

Kasikornbank Public Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.75 0.71 0.68 0.72 0.64

Competitive Comparison of Kasikornbank Public Co's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Kasikornbank Public Co'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.


Kasikornbank Public Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kasikornbank Public Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kasikornbank Public Co's Cyclically Adjusted PB Ratio falls into.



Kasikornbank Public Co 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.

Kasikornbank Public Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.95/5.3
=0.56

* 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.

Kasikornbank Public Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kasikornbank Public Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.436/131.7762*131.7762
=6.436

Current CPI (Mar. 2024) = 131.7762.

Kasikornbank Public Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.053 100.560 4.001
201409 3.229 100.428 4.237
201412 3.266 99.070 4.344
201503 3.451 99.621 4.565
201506 3.380 100.684 4.424
201509 3.259 100.392 4.278
201512 3.318 99.792 4.381
201603 3.438 100.470 4.509
201606 3.555 101.688 4.607
201609 3.738 101.861 4.836
201612 3.758 101.863 4.862
201703 3.985 102.862 5.105
201706 4.108 103.349 5.238
201709 4.318 104.136 5.464
201712 4.466 104.011 5.658
201803 4.821 105.290 6.034
201806 4.646 106.317 5.759
201809 4.752 106.507 5.879
201812 4.807 105.998 5.976
201903 5.160 107.251 6.340
201906 5.318 108.070 6.485
201909 5.484 108.329 6.671
201912 5.623 108.420 6.834
202003 5.349 108.902 6.473
202006 5.453 108.767 6.607
202009 5.499 109.815 6.599
202012 6.169 109.897 7.397
202103 6.195 111.754 7.305
202106 6.132 114.631 7.049
202109 5.921 115.734 6.742
202112 5.995 117.630 6.716
202203 6.198 121.301 6.733
202206 5.909 125.017 6.228
202209 5.696 125.227 5.994
202212 6.109 125.222 6.429
202303 6.275 127.348 6.493
202306 6.243 128.729 6.391
202309 6.177 129.860 6.268
202312 6.422 129.419 6.539
202403 6.436 131.776 6.436

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.


Kasikornbank Public Co  (OTCPK:KPCPF) 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.


Kasikornbank Public Co Cyclically Adjusted PB Ratio Related Terms

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


Kasikornbank Public Co (Kasikornbank Public Co) Business Description

Address
400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

Kasikornbank Public Co (Kasikornbank Public Co) Headlines

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