GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pan Asia Footwear PCL (BKK:PAF) » Definitions » Cyclically Adjusted PB Ratio

Pan Asia Footwear PCL (BKK:PAF) Cyclically Adjusted PB Ratio : 1.47 (As of May. 26, 2024)


View and export this data going back to 1988. Start your Free Trial

What is Pan Asia Footwear PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Pan Asia Footwear PCL's current share price is ฿1.34. Pan Asia Footwear PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.91. Pan Asia Footwear PCL's Cyclically Adjusted PB Ratio for today is 1.47.

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

BKK:PAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.52   Max: 4.6
Current: 1.47

During the past years, Pan Asia Footwear PCL's highest Cyclically Adjusted PB Ratio was 4.60. The lowest was 0.59. And the median was 1.52.

BKK:PAF's Cyclically Adjusted PB Ratio is ranked worse than
61.17% of 698 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.045 vs BKK:PAF: 1.47

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.

Pan Asia Footwear PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿1.141. 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


Pan Asia Footwear PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pan Asia Footwear 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.

Pan Asia Footwear PCL Cyclically Adjusted PB Ratio Chart

Pan Asia Footwear 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 1.02 0.97 4.04 1.91 1.30

Pan Asia Footwear 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 1.79 1.65 1.61 1.30 1.58

Competitive Comparison of Pan Asia Footwear PCL's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Pan Asia Footwear 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.


Pan Asia Footwear PCL's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pan Asia Footwear PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pan Asia Footwear 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.

Pan Asia Footwear PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.34/0.91
=1.47

* 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.

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

For example, Pan Asia Footwear 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)
=1.141/131.7762*131.7762
=1.141

Current CPI (Mar. 2024) = 131.7762.

Pan Asia Footwear PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.070 100.560 0.092
201409 0.120 100.428 0.157
201412 0.103 99.070 0.137
201503 0.191 99.621 0.253
201506 0.194 100.684 0.254
201509 0.186 100.392 0.244
201512 0.404 99.792 0.533
201603 0.470 100.470 0.616
201606 0.478 101.688 0.619
201609 0.483 101.861 0.625
201612 0.840 101.863 1.087
201703 0.844 102.862 1.081
201706 0.811 103.349 1.034
201709 0.793 104.136 1.003
201712 0.732 104.011 0.927
201803 0.711 105.290 0.890
201806 0.707 106.317 0.876
201809 0.692 106.507 0.856
201812 0.825 105.998 1.026
201903 0.845 107.251 1.038
201906 0.804 108.070 0.980
201909 0.902 108.329 1.097
201912 0.893 108.420 1.085
202003 0.903 108.902 1.093
202006 0.875 108.767 1.060
202009 0.866 109.815 1.039
202012 1.104 109.897 1.324
202103 1.093 111.754 1.289
202106 1.076 114.631 1.237
202109 1.092 115.734 1.243
202112 1.086 117.630 1.217
202203 1.078 121.301 1.171
202206 1.063 125.017 1.120
202209 1.122 125.227 1.181
202212 1.109 125.222 1.167
202303 1.115 127.348 1.154
202306 1.115 128.729 1.141
202309 1.125 129.860 1.142
202312 1.122 129.419 1.142
202403 1.141 131.776 1.141

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.


Pan Asia Footwear PCL  (BKK:PAF) 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.


Pan Asia Footwear PCL Cyclically Adjusted PB Ratio Related Terms

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


Pan Asia Footwear PCL (BKK:PAF) Business Description

Traded in Other Exchanges
N/A
Address
620/5 Moo 11, Tambol Nongkharm, Aumphur Siracha, Chonburi, THA, 20230
Pan Asia Footwear PCL is a Thailand-based company that operates in footwear and related accessories segments. The business activity of the group includes manufacturing, distribution, and exporting footwear products. Its segments are Manufacture and distribution of footwear and bag; Manufacture of soles and parts for footwear; Production support business; and Organic farming business and others. Geographically the activities of the group function through the region of Thailand. It derives a majority of the revenue from the manufacture and distribution of footwear and bag.

Pan Asia Footwear PCL (BKK:PAF) Headlines