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Bangkok Bank PCL (Bangkok Bank PCL) Cyclically Adjusted PB Ratio : 0.53 (As of Apr. 28, 2024)


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What is Bangkok Bank PCL Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Bangkok Bank PCL's current share price is $3.41. Bangkok Bank PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.47. Bangkok Bank PCL's Cyclically Adjusted PB Ratio for today is 0.53.

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

BKKPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.63   Max: 1.34
Current: 0.53

During the past years, Bangkok Bank PCL's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.49. And the median was 0.63.

BKKPF's Cyclically Adjusted PB Ratio is ranked better than
78.75% of 1172 companies
in the Banks industry
Industry Median: 0.92 vs BKKPF: 0.53

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.

Bangkok Bank PCL's adjusted book value per share data for the three months ended in Dec. 2023 was $7.922. 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 $6.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Bank PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bangkok Bank 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.

Bangkok Bank PCL Cyclically Adjusted PB Ratio Chart

Bangkok Bank 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 0.87 0.61 0.55 0.61 0.61

Bangkok Bank 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 0.61 0.61 0.63 0.65 0.61

Competitive Comparison of Bangkok Bank PCL's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bangkok Bank 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.


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

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

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



Bangkok Bank 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.

Bangkok Bank PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.41/6.47
=0.53

* 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.

Bangkok Bank PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bangkok Bank PCL'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)
=7.922/129.4194*129.4194
=7.922

Current CPI (Dec. 2023) = 129.4194.

Bangkok Bank PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.967 99.695 6.448
201406 5.048 100.560 6.497
201409 5.188 100.428 6.686
201412 5.153 99.070 6.732
201503 5.361 99.621 6.965
201506 5.435 100.684 6.986
201509 5.165 100.392 6.658
201512 5.266 99.792 6.829
201603 5.513 100.470 7.101
201606 5.483 101.688 6.978
201609 5.597 101.861 7.111
201612 5.550 101.863 7.051
201703 5.797 102.862 7.294
201706 5.927 103.349 7.422
201709 6.213 104.136 7.721
201712 6.452 104.011 8.028
201803 6.796 105.290 8.353
201806 6.448 106.317 7.849
201809 6.506 106.507 7.906
201812 6.612 105.998 8.073
201903 7.020 107.251 8.471
201906 7.128 108.070 8.536
201909 7.375 108.329 8.811
201912 7.421 108.420 8.858
202003 6.772 108.902 8.048
202006 7.374 108.767 8.774
202009 7.339 109.815 8.649
202012 7.820 109.897 9.209
202103 7.829 111.754 9.067
202106 7.795 114.631 8.801
202109 7.706 115.734 8.617
202112 7.691 117.630 8.462
202203 7.842 121.301 8.367
202206 7.418 125.017 7.679
202209 7.209 125.227 7.450
202212 7.614 125.222 7.869
202303 7.832 127.348 7.959
202306 7.812 128.729 7.854
202309 7.710 129.860 7.684
202312 7.922 129.419 7.922

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.


Bangkok Bank PCL  (OTCPK:BKKPF) 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.


Bangkok Bank PCL Cyclically Adjusted PB Ratio Related Terms

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


Bangkok Bank PCL (Bangkok Bank PCL) Business Description

Address
333 Silom Road, Bangrak, Bangkok, THA, 10500
Bangkok Bank PCL is a Thai commercial bank with some international exposure to other Asian countries, the United Kingdom, and the United States. The bank's business units include corporate, commercial, business, consumer, international, and investment banking. Corporate banking services include loans, project finance, treasury, investment banking, trade finance, cash management, and securities. Nearly half of its loan portfolio is exposed to manufacturing and commercial businesses, followed by the utilities sector. The bank's strategy calls for increasingly leveraging its connection to other Asian countries, lending to high-growth sectors, and creating an omnichannel customer experience.

Bangkok Bank PCL (Bangkok Bank PCL) Headlines

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