GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Asian Sea Corp PCL (BKK:ASIAN) » Definitions » Cyclically Adjusted PB Ratio

Asian Sea PCL (BKK:ASIAN) Cyclically Adjusted PB Ratio : 2.14 (As of May. 26, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Asian Sea PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Asian Sea PCL's current share price is ฿10.10. Asian Sea PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿4.73. Asian Sea PCL's Cyclically Adjusted PB Ratio for today is 2.14.

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

BKK:ASIAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 2.11   Max: 6.71
Current: 2.13

During the past years, Asian Sea PCL's highest Cyclically Adjusted PB Ratio was 6.71. The lowest was 0.66. And the median was 2.11.

BKK:ASIAN's Cyclically Adjusted PB Ratio is ranked worse than
65.42% of 1281 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs BKK:ASIAN: 2.13

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.

Asian Sea PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿7.979. 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 ฿4.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Sea PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asian Sea 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.

Asian Sea PCL Cyclically Adjusted PB Ratio Chart

Asian Sea 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 0.99 2.14 5.17 3.47 1.53

Asian Sea PCL 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 2.91 1.93 1.64 1.53 1.41

Competitive Comparison of Asian Sea PCL's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Asian Sea 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.


Asian Sea PCL's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Sea PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Asian Sea 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.

Asian Sea PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.10/4.73
=2.14

* 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.

Asian Sea PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Asian Sea PCL'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)
=7.979/131.7762*131.7762
=7.979

Current CPI (Mar. 2024) = 131.7762.

Asian Sea PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.388 100.560 3.129
201409 2.327 100.428 3.053
201412 2.254 99.070 2.998
201503 2.291 99.621 3.030
201506 2.313 100.684 3.027
201509 2.417 100.392 3.173
201512 2.479 99.792 3.274
201603 2.492 100.470 3.268
201606 2.531 101.688 3.280
201609 2.552 101.861 3.301
201612 2.724 101.863 3.524
201703 2.854 102.862 3.656
201706 2.876 103.349 3.667
201709 4.484 104.136 5.674
201712 3.118 104.011 3.950
201803 3.151 105.290 3.944
201806 3.098 106.317 3.840
201809 3.278 106.507 4.056
201812 3.397 105.998 4.223
201903 3.470 107.251 4.264
201906 3.396 108.070 4.141
201909 3.436 108.329 4.180
201912 3.452 108.420 4.196
202003 3.553 108.902 4.299
202006 3.785 108.767 4.586
202009 4.038 109.815 4.846
202012 4.297 109.897 5.152
202103 4.563 111.754 5.381
202106 4.559 114.631 5.241
202109 4.645 115.734 5.289
202112 4.968 117.630 5.565
202203 5.272 121.301 5.727
202206 5.197 125.017 5.478
202209 5.246 125.227 5.520
202212 7.762 125.222 8.168
202303 7.824 127.348 8.096
202306 7.443 128.729 7.619
202309 7.554 129.860 7.665
202312 7.674 129.419 7.814
202403 7.979 131.776 7.979

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.


Asian Sea PCL  (BKK:ASIAN) 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.


Asian Sea PCL Cyclically Adjusted PB Ratio Related Terms

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


Asian Sea PCL (BKK:ASIAN) Business Description

Traded in Other Exchanges
N/A
Address
55/2 Moo 2 Rama 2 Road, Bangkrajao, Muang, Samutsakhon, THA, 74000
Asian Sea Corp PCL is principally engaged in the production of processed frozen seafood and the provision of cold storage services. The company operates in various segments that include Frozen and packaged food products, Feedstuff, and Other business in cold storage services. The Feedstuff segment earns the maximum revenue for the company. Its product line consists of raw shrimps, cooked shrimps, squids, cuttlefish, octopuses, tuna, and pre-fried, deep-fried, and grilled seafood. It distributes products under the brand names TCC, ASS, Sakura, and Asian Seafood among others. Geographically, it derives a majority of its revenue from the United States of America.

Asian Sea PCL (BKK:ASIAN) Headlines

No Headlines