GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » North East Rubber PCL (BKK:NER) » Definitions » Cyclically Adjusted PB Ratio

North East Rubber PCL (BKK:NER) Cyclically Adjusted PB Ratio : 2.79 (As of Jun. 06, 2024)


View and export this data going back to 2018. Start your Free Trial

What is North East Rubber PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-06), North East Rubber PCL's current share price is ฿5.70. North East Rubber PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ฿2.04. North East Rubber PCL's Cyclically Adjusted PB Ratio for today is 2.79.

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

BKK:NER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.5   Med: 2.67   Max: 3.09
Current: 2.92

During the past 10 years, North East Rubber PCL's highest Cyclically Adjusted PB Ratio was 3.09. The lowest was 2.50. And the median was 2.67.

BKK:NER's Cyclically Adjusted PB Ratio is ranked worse than
70.56% of 1189 companies
in the Chemicals industry
Industry Median: 1.69 vs BKK:NER: 2.92

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.

North East Rubber PCL's adjusted book value per share data of for the fiscal year that ended in Dec23 was ฿4.042. 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 ฿2.04 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


North East Rubber PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for North East Rubber 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.

North East Rubber PCL Cyclically Adjusted PB Ratio Chart

North East Rubber 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 - - - - 2.44

North East Rubber 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 - - - 2.44 -

Competitive Comparison of North East Rubber PCL's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, North East Rubber 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.


North East Rubber PCL's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, North East Rubber PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



North East Rubber 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.

North East Rubber PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.70/2.04
=2.79

* 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.

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

For example, North East Rubber 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)
=4.042/129.4194*129.4194
=4.042

Current CPI (Dec23) = 129.4194.

North East Rubber PCL Annual Data

Book Value per Share CPI Adj_Book
201412 0.418 99.070 0.546
201512 0.358 99.792 0.464
201612 0.397 101.863 0.504
201712 0.465 104.011 0.579
201812 1.735 105.998 2.118
201912 1.955 108.420 2.334
202012 2.286 109.897 2.692
202112 3.093 117.630 3.403
202212 3.565 125.222 3.685
202312 4.042 129.419 4.042

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.


North East Rubber PCL  (BKK:NER) 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.


North East Rubber PCL Cyclically Adjusted PB Ratio Related Terms

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


North East Rubber PCL (BKK:NER) Business Description

Traded in Other Exchanges
N/A
Address
398 Moo 4 Khok Ma, Prakhon Chai, Buriram Province, Bangkok, THA, 31140
North East Rubber PCL manufactures, exports and sells Ribbed Smoked Sheet, Standard Thai Rubber and Rubber Mixtures. In addition, the company provides the analysis and testing of the quality of rubber under the company's own operations. Geographically, The maximum revenue generate from Thailand.

North East Rubber PCL (BKK:NER) Headlines

No Headlines