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Srisawad PCL (BKK:SAWAD) Cyclically Adjusted PB Ratio : 3.38 (As of Jun. 07, 2024)


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What is Srisawad PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Srisawad PCL's current share price is ฿40.00. Srisawad PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿11.82. Srisawad PCL's Cyclically Adjusted PB Ratio for today is 3.38.

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

BKK:SAWAD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.05   Med: 4.03   Max: 5.38
Current: 3.36

During the past years, Srisawad PCL's highest Cyclically Adjusted PB Ratio was 5.38. The lowest was 3.05. And the median was 4.03.

BKK:SAWAD's Cyclically Adjusted PB Ratio is ranked worse than
83.47% of 357 companies
in the Credit Services industry
Industry Median: 0.94 vs BKK:SAWAD: 3.36

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.

Srisawad PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿19.509. 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 ฿11.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Srisawad PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Srisawad 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.

Srisawad PCL Cyclically Adjusted PB Ratio Chart

Srisawad 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 - - - 4.50 3.30

Srisawad 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 4.69 4.09 3.61 3.30 3.25

Competitive Comparison of Srisawad PCL's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Srisawad 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.


Srisawad PCL's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Srisawad PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Srisawad 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.00/11.82
=3.38

* 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.

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

For example, Srisawad 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)
=19.509/131.7762*131.7762
=19.509

Current CPI (Mar. 2024) = 131.7762.

Srisawad PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.118 100.560 2.775
201409 2.279 100.428 2.990
201412 2.471 99.070 3.287
201503 2.672 99.621 3.534
201506 2.879 100.684 3.768
201509 3.145 100.392 4.128
201512 3.432 99.792 4.532
201603 3.734 100.470 4.897
201606 4.054 101.688 5.254
201609 4.460 101.861 5.770
201612 4.927 101.863 6.374
201703 5.367 102.862 6.876
201706 5.793 103.349 7.386
201709 6.223 104.136 7.875
201712 6.788 104.011 8.600
201803 7.193 105.290 9.002
201806 7.638 106.317 9.467
201809 7.945 106.507 9.830
201812 8.542 105.998 10.619
201903 10.479 107.251 12.875
201906 10.880 108.070 13.267
201909 11.492 108.329 13.979
201912 12.510 108.420 15.205
202003 12.481 108.902 15.103
202006 14.251 108.767 17.266
202009 13.777 109.815 16.532
202012 14.621 109.897 17.532
202103 15.633 111.754 18.434
202106 14.856 114.631 17.078
202109 15.593 115.734 17.754
202112 16.351 117.630 18.317
202203 16.950 121.301 18.414
202206 16.005 125.017 16.870
202209 16.202 125.227 17.049
202212 16.990 125.222 17.879
202303 17.788 127.348 18.407
202306 16.918 128.729 17.319
202309 17.840 129.860 18.103
202312 18.654 129.419 18.994
202403 19.509 131.776 19.509

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.


Srisawad PCL  (BKK:SAWAD) 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.


Srisawad PCL Cyclically Adjusted PB Ratio Related Terms

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


Srisawad PCL (BKK:SAWAD) Business Description

Traded in Other Exchanges
N/A
Address
Chaeng Watthana Road, Chaeng Watthana 10 Alley, 99/392 Srisawad Building, 4,6 floor, 3 Sub Alley, Thungsonghong, Laksi, Bangkok, THA, 10210
Srisawad Corp PCL provides credit services and personal loans. The company provides financial services specifically hire-purchase, loan, non-performing assets management, investments in other companies, management, and consulting services for retail credit systems in the region, both the Bangkok metropolitan area and provinces around the country.

Srisawad PCL (BKK:SAWAD) Headlines

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