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Better World Green PCL (BKK:BWG) Cyclically Adjusted PB Ratio : 0.46 (As of Jun. 10, 2024)


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What is Better World Green PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Better World Green PCL's current share price is ฿0.42. Better World Green PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.91. Better World Green PCL's Cyclically Adjusted PB Ratio for today is 0.46.

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

BKK:BWG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.95   Max: 2.53
Current: 0.46

During the past years, Better World Green PCL's highest Cyclically Adjusted PB Ratio was 2.53. The lowest was 0.25. And the median was 0.95.

BKK:BWG's Cyclically Adjusted PB Ratio is ranked better than
83.94% of 137 companies
in the Waste Management industry
Industry Median: 1.58 vs BKK:BWG: 0.46

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.

Better World Green PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿0.736. 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 ฿0.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Better World Green PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Better World Green 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.

Better World Green PCL Cyclically Adjusted PB Ratio Chart

Better World Green 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 0.92 0.70 1.19 0.86 0.67

Better World Green 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 1.12 0.71 0.76 0.67 0.59

Competitive Comparison of Better World Green PCL's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, Better World Green 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.


Better World Green PCL's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Better World Green PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Better World Green PCL's Cyclically Adjusted PB Ratio falls into.



Better World Green 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.

Better World Green PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.42/0.91
=0.46

* 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.

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

For example, Better World Green 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)
=0.736/131.7762*131.7762
=0.736

Current CPI (Mar. 2024) = 131.7762.

Better World Green PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.510 100.560 0.668
201409 0.505 100.428 0.663
201412 0.526 99.070 0.700
201503 0.546 99.621 0.722
201506 0.540 100.684 0.707
201509 0.625 100.392 0.820
201512 0.660 99.792 0.872
201603 0.709 100.470 0.930
201606 0.749 101.688 0.971
201609 0.772 101.861 0.999
201612 0.798 101.863 1.032
201703 0.809 102.862 1.036
201706 0.785 103.349 1.001
201709 0.804 104.136 1.017
201712 0.821 104.011 1.040
201803 0.842 105.290 1.054
201806 0.833 106.317 1.032
201809 0.854 106.507 1.057
201812 0.855 105.998 1.063
201903 0.830 107.251 1.020
201906 0.804 108.070 0.980
201909 0.804 108.329 0.978
201912 0.797 108.420 0.969
202003 0.797 108.902 0.964
202006 0.803 108.767 0.973
202009 0.868 109.815 1.042
202012 0.855 109.897 1.025
202103 0.852 111.754 1.005
202106 0.837 114.631 0.962
202109 0.832 115.734 0.947
202112 0.808 117.630 0.905
202203 0.808 121.301 0.878
202206 0.811 125.017 0.855
202209 0.796 125.227 0.838
202212 0.778 125.222 0.819
202303 0.779 127.348 0.806
202306 0.767 128.729 0.785
202309 0.759 129.860 0.770
202312 0.755 129.419 0.769
202403 0.736 131.776 0.736

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.


Better World Green PCL  (BKK:BWG) 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.


Better World Green PCL Cyclically Adjusted PB Ratio Related Terms

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


Better World Green PCL (BKK:BWG) Business Description

Traded in Other Exchanges
N/A
Address
488 Soi Ladprao 130 (Mahatthai 2), Ladprao Road, Klongchan Sub-District, Bangkapi District, Bangkok, THA, 10240
Better World Green PCL is a waste management company with operations in Thailand. The core revenue-generating services rendered are waste treatment and disposal of industrial waste. The company offers landfill disposal systems, chemical and biological waste-water treatment for industrial factories and solid waste-to-renewable energy systems. Its other business activities are involving and support the principal business operations that include the agency of industrial and construction income waste management, the agency of transportation business which accounts for minimal revenues. The business divisions of the group are Disposable waste business, Transport, Power business and Construction, of which key revenue is derived from the Disposable waste business.

Better World Green PCL (BKK:BWG) Headlines

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