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Samart PCL (BKK:SAMART) Cyclically Adjusted PB Ratio : 1.13 (As of Jun. 01, 2024)


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What is Samart PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Samart PCL's current share price is ฿6.10. Samart PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿5.39. Samart PCL's Cyclically Adjusted PB Ratio for today is 1.13.

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

BKK:SAMART' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.14   Max: 2.38
Current: 1.19

During the past years, Samart PCL's highest Cyclically Adjusted PB Ratio was 2.38. The lowest was 0.70. And the median was 1.14.

BKK:SAMART's Cyclically Adjusted PB Ratio is ranked better than
74.35% of 1384 companies
in the Software industry
Industry Median: 2.545 vs BKK:SAMART: 1.19

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.

Samart PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿4.965. 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 ฿5.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Samart PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Samart 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.

Samart PCL Cyclically Adjusted PB Ratio Chart

Samart 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 1.20 0.99 1.10 0.99 0.82

Samart 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 0.74 1.03 0.93 0.82 1.27

Competitive Comparison of Samart PCL's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Samart 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.


Samart PCL's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Samart PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Samart 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.10/5.39
=1.13

* 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.

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

For example, Samart 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)
=4.965/131.7762*131.7762
=4.965

Current CPI (Mar. 2024) = 131.7762.

Samart PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.476 100.560 9.797
201409 5.468 100.428 7.175
201412 5.821 99.070 7.743
201503 6.079 99.621 8.041
201506 5.971 100.684 7.815
201509 5.984 100.392 7.855
201512 5.970 99.792 7.883
201603 6.047 100.470 7.931
201606 5.934 101.688 7.690
201609 5.817 101.861 7.525
201612 5.737 101.863 7.422
201703 5.700 102.862 7.302
201706 5.403 103.349 6.889
201709 5.308 104.136 6.717
201712 4.551 104.011 5.766
201803 4.493 105.290 5.623
201806 4.439 106.317 5.502
201809 4.323 106.507 5.349
201812 3.295 105.998 4.096
201903 3.465 107.251 4.257
201906 3.370 108.070 4.109
201909 3.475 108.329 4.227
201912 3.646 108.420 4.431
202003 3.725 108.902 4.507
202006 3.361 108.767 4.072
202009 3.303 109.815 3.964
202012 3.021 109.897 3.622
202103 2.965 111.754 3.496
202106 2.861 114.631 3.289
202109 3.036 115.734 3.457
202112 3.362 117.630 3.766
202203 3.463 121.301 3.762
202206 3.455 125.017 3.642
202209 3.043 125.227 3.202
202212 2.662 125.222 2.801
202303 2.713 127.348 2.807
202306 2.814 128.729 2.881
202309 5.280 129.860 5.358
202312 4.822 129.419 4.910
202403 4.965 131.776 4.965

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.


Samart PCL  (BKK:SAMART) 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.


Samart PCL Cyclically Adjusted PB Ratio Related Terms

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


Samart PCL (BKK:SAMART) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Chaengwattana Road, 99/1 Moo 4, Software Park Building, 35th Floor, Klong Gluar, Pak-Kred, Nonthaburi, THA, 11120
Samart Corp PCL is a Thailand-based company engaged in designing and installation of the telecommunications system and the sales of telecommunications equipment. It operates in four segments: Information and Communications Technology (ICT) Solutions and Services; Digital; Utilities & Transportations; and Technology Related Services. It generates maximum revenue from the ICT Solution and Services segment, which provide solutions and services in information and communication technology and Digital Solutions including Network Solutions, Enhanced Technology in ICT and Business Application ranging from consulting, system design, installation, and implementation, operation, and maintenance as Total Solutions and Services. The vast majority of its revenue comes from Thailand.

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