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Pruksa Holding PCL (BKK:PSH-R) Cyclically Adjusted PB Ratio : 0.57 (As of Apr. 27, 2024)


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What is Pruksa Holding PCL Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Pruksa Holding PCL's current share price is ฿12.91431. Pruksa Holding PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ฿22.68. Pruksa Holding PCL's Cyclically Adjusted PB Ratio for today is 0.57.

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

BKK:PSH-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.58   Max: 0.68
Current: 0.55

During the past 11 years, Pruksa Holding PCL's highest Cyclically Adjusted PB Ratio was 0.68. The lowest was 0.54. And the median was 0.58.

BKK:PSH-R's Cyclically Adjusted PB Ratio is ranked better than
55.8% of 1285 companies
in the Real Estate industry
Industry Median: 0.66 vs BKK:PSH-R: 0.55

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.

Pruksa Holding PCL's adjusted book value per share data of for the fiscal year that ended in Dec23 was ฿20.155. 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 ฿22.68 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pruksa Holding PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pruksa Holding 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.

Pruksa Holding PCL Cyclically Adjusted PB Ratio Chart

Pruksa Holding 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 - - - 0.66 0.57

Pruksa Holding PCL 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 0.66 - - - 0.57

Competitive Comparison of Pruksa Holding PCL's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Pruksa Holding 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.


Pruksa Holding PCL's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pruksa Holding PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pruksa Holding 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.

Pruksa Holding PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.91431/22.68
=0.57

* 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.

Pruksa Holding PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Pruksa Holding PCL's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=20.155/129.4194*129.4194
=20.155

Current CPI (Dec23) = 129.4194.

Pruksa Holding PCL Annual Data

Book Value per Share CPI Adj_Book
201412 13.590 99.070 17.753
201512 15.658 99.792 20.307
201612 16.200 101.863 20.583
201712 17.334 104.011 21.568
201812 18.808 105.998 22.964
201912 19.669 108.420 23.479
202012 19.665 109.897 23.158
202112 19.792 117.630 21.776
202212 20.087 125.222 20.760
202312 20.155 129.419 20.155

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.


Pruksa Holding PCL  (BKK:PSH-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.


Pruksa Holding PCL Cyclically Adjusted PB Ratio Related Terms

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


Pruksa Holding PCL (BKK:PSH-R) Business Description

Traded in Other Exchanges
Address
Phaholyothin Road, 1177, Pearl Bangkok Tower, 24th Floor, Phayathai Sub-District, Phayathai District, Bangkok, THA, 10400
Pruksa Holding Public Company Limited operates as a holding company in real estate and healthcare businesses. The core business of the Company is real estate development for sale. The business activities of the group include developing projects for townhouses, single-detached houses, condominiums, and hospitals. The company focuses on residential houses located in various potential and high growth areas of Bangkok and its vicinities, including downtown Bangkok projects in Thailand. It is also engaged in hospital operations of which revenue mainly consists of medical fees, hospital room sales, and medicine sales. Geographically, the business operations are located in Thailand and earn key revenue from the sale of real estate.

Pruksa Holding PCL (BKK:PSH-R) Headlines

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