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Country Group Holdings PCL (BKK:CGH) Cyclically Adjusted PB Ratio : 0.51 (As of Jun. 02, 2024)


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What is Country Group Holdings PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Country Group Holdings PCL's current share price is ฿0.83. Country Group Holdings PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿1.64. Country Group Holdings PCL's Cyclically Adjusted PB Ratio for today is 0.51.

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

BKK:CGH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.62   Max: 1.36
Current: 0.51

During the past years, Country Group Holdings PCL's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.38. And the median was 0.62.

BKK:CGH's Cyclically Adjusted PB Ratio is ranked better than
77.72% of 543 companies
in the Capital Markets industry
Industry Median: 1.16 vs BKK:CGH: 0.51

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.

Country Group Holdings PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿1.485. 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 ฿1.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Country Group Holdings PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Country Group Holdings 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.

Country Group Holdings PCL Cyclically Adjusted PB Ratio Chart

Country Group Holdings 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 0.63 0.51 0.89 0.43 0.43

Country Group Holdings 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 0.53 0.50 0.46 0.43 0.39

Competitive Comparison of Country Group Holdings PCL's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Country Group Holdings 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.


Country Group Holdings PCL's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Country Group Holdings PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Country Group Holdings PCL's Cyclically Adjusted PB Ratio falls into.



Country Group Holdings 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.

Country Group Holdings PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.83/1.64
=0.51

* 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.

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

For example, Country Group Holdings 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)
=1.485/131.7762*131.7762
=1.485

Current CPI (Mar. 2024) = 131.7762.

Country Group Holdings PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.106 100.560 1.449
201409 1.146 100.428 1.504
201412 1.231 99.070 1.637
201503 1.236 99.621 1.635
201506 1.337 100.684 1.750
201509 1.335 100.392 1.752
201512 1.342 99.792 1.772
201603 1.363 100.470 1.788
201606 1.318 101.688 1.708
201609 1.375 101.861 1.779
201612 1.384 101.863 1.790
201703 1.394 102.862 1.786
201706 1.364 103.349 1.739
201709 1.385 104.136 1.753
201712 1.423 104.011 1.803
201803 1.470 105.290 1.840
201806 1.367 106.317 1.694
201809 1.389 106.507 1.719
201812 1.353 105.998 1.682
201903 1.341 107.251 1.648
201906 1.343 108.070 1.638
201909 1.333 108.329 1.622
201912 1.328 108.420 1.614
202003 0.000 108.902 0.000
202006 1.295 108.767 1.569
202009 1.311 109.815 1.573
202012 1.320 109.897 1.583
202103 1.384 111.754 1.632
202106 1.357 114.631 1.560
202109 1.448 115.734 1.649
202112 1.498 117.630 1.678
202203 1.498 121.301 1.627
202206 1.477 125.017 1.557
202209 1.460 125.227 1.536
202212 1.437 125.222 1.512
202303 1.436 127.348 1.486
202306 1.422 128.729 1.456
202309 1.386 129.860 1.406
202312 1.390 129.419 1.415
202403 1.485 131.776 1.485

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.


Country Group Holdings PCL  (BKK:CGH) 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.


Country Group Holdings PCL Cyclically Adjusted PB Ratio Related Terms

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


Country Group Holdings PCL (BKK:CGH) Business Description

Traded in Other Exchanges
N/A
Address
Wireless Road, No. 132, Sindhorn Tower 3, 20th Floor, Lumpini Sub District, Pathumwan District, Bangkok, THA, 10330
Country Group Holdings PCL is engaged in capital markets. The company has three operating segments that are Securities and Derivatives brokerage which is the key revenue-generating segment; Investment Banking; and Securities trading segment. It also provides investment banking services in Thailand. It derives revenue through Brokerage fees, Fees and services income and Interest on margin loans. The company's operations are carried out in Thailand.

Country Group Holdings PCL (BKK:CGH) Headlines

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