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Floyd PCL (BKK:FLOYD) Cyclically Adjusted PB Ratio : 1.09 (As of May. 26, 2024)


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What is Floyd PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Floyd PCL's current share price is ฿1.00. Floyd PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ฿0.92. Floyd PCL's Cyclically Adjusted PB Ratio for today is 1.09.

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

BKK:FLOYD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.18   Max: 1.21
Current: 1.09

During the past 10 years, Floyd PCL's highest Cyclically Adjusted PB Ratio was 1.21. The lowest was 1.09. And the median was 1.18.

BKK:FLOYD's Cyclically Adjusted PB Ratio is ranked better than
50.9% of 1216 companies
in the Construction industry
Industry Median: 1.12 vs BKK:FLOYD: 1.09

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.

Floyd PCL's adjusted book value per share data of for the fiscal year that ended in Dec23 was ฿1.031. 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 ฿0.92 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Floyd PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Floyd 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.

Floyd PCL Cyclically Adjusted PB Ratio Chart

Floyd 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 - - - - 1.14

Floyd 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 - - - 1.14 -

Competitive Comparison of Floyd PCL's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Floyd 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.


Floyd PCL's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Floyd PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Floyd 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.00/0.92
=1.09

* 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.

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

For example, Floyd 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)
=1.031/129.4194*129.4194
=1.031

Current CPI (Dec23) = 129.4194.

Floyd PCL Annual Data

Book Value per Share CPI Adj_Book
201412 0.238 99.070 0.311
201512 0.355 99.792 0.460
201612 0.617 101.863 0.784
201712 0.921 104.011 1.146
201812 0.972 105.998 1.187
201912 0.966 108.420 1.153
202012 0.916 109.897 1.079
202112 0.928 117.630 1.021
202212 0.989 125.222 1.022
202312 1.031 129.419 1.031

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.


Floyd PCL  (BKK:FLOYD) 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.


Floyd PCL Cyclically Adjusted PB Ratio Related Terms

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


Floyd PCL (BKK:FLOYD) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Kanjanapisak Road, 31/4 Moo 2 Soi Wat Som Kliang, Bangmaenang, Bangyai, Nonthaburi, THA, 11140
Floyd PCL is a mechanical & electrical engineering contractor company. It is engaged in providing the installation of utility systems and fire suppression systems and Environmental innovation. The majority of its revenue comes from construction. It operates in various building structures such as office buildings, commercial buildings, residential buildings, hospitals, shopping malls, and factories. The company operates in a single geographic area, Thailand.

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