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Thai Beverage (SGX:Y92) Cyclically Adjusted PB Ratio : 1.76 (As of May. 22, 2025)


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What is Thai Beverage Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Thai Beverage's current share price is S$0.475. Thai Beverage's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep24 was S$0.27. Thai Beverage's Cyclically Adjusted PB Ratio for today is 1.76.

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

SGX:Y92' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.69   Med: 4.19   Max: 7.96
Current: 1.72

During the past 13 years, Thai Beverage's highest Cyclically Adjusted PB Ratio was 7.96. The lowest was 1.69. And the median was 4.19.

SGX:Y92's Cyclically Adjusted PB Ratio is ranked better than
50.98% of 153 companies
in the Beverages - Alcoholic industry
Industry Median: 1.8 vs SGX:Y92: 1.72

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.

Thai Beverage's adjusted book value per share data of for the fiscal year that ended in Sep24 was S$0.231. 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 S$0.27 for the trailing ten years ended in Sep24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Beverage Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thai Beverage'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.

Thai Beverage Cyclically Adjusted PB Ratio Chart

Thai Beverage Annual Data
Trend Dec14 Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.35 3.18 2.49 2.19 1.96

Thai Beverage Semi-Annual Data
Jun15 Dec15 Jun16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 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 2.71 2.19 1.97 1.96 -

Competitive Comparison of Thai Beverage's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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.


Thai Beverage's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Thai Beverage 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.

Thai Beverage's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.475/0.27
=1.76

* 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.

Thai Beverage's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep24 is calculated as:

For example, Thai Beverage's adjusted Book Value per Share data for the fiscal year that ended in Sep24 was:

Adj_Book=Book Value per Share/CPI of Sep24 (Change)*Current CPI (Sep24)
=0.231/133.0289*133.0289
=0.231

Current CPI (Sep24) = 133.0289.

Thai Beverage Annual Data

Book Value per Share CPI Adj_Book
201412 0.161 99.070 0.216
201512 0.181 99.792 0.241
201709 0.209 104.136 0.267
201809 0.203 106.507 0.254
201909 0.208 108.329 0.255
202009 0.247 109.815 0.299
202109 0.277 115.734 0.318
202209 0.313 125.227 0.333
202309 0.304 129.860 0.311
202409 0.231 133.029 0.231

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.


Thai Beverage  (SGX:Y92) 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.


Thai Beverage Cyclically Adjusted PB Ratio Related Terms

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


Thai Beverage Business Description

Traded in Other Exchanges
Address
14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating Into 5 segments that includes Spirits; Production and sales of branded spirits products and soda. Beer: Production and sales of raw materials, branded beer products, Chang soda and Chang water. Non-alcoholic beverages: Production and sales of branded water, ready-to-drink coffee, energy drink, green tea, fruit flavored drinks and dairies product. Food: Restaurants and distribution of foods and beverages; and Others: Publishing and printing. Key revenue is generated from Spirits.

Thai Beverage Headlines

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