GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tapaco PCL (BKK:TAPAC) » Definitions » Cyclically Adjusted PB Ratio

Tapaco PCL (BKK:TAPAC) Cyclically Adjusted PB Ratio : 0.21 (As of Jun. 10, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Tapaco PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Tapaco PCL's current share price is ฿0.54. Tapaco PCL's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 was ฿2.56. Tapaco PCL's Cyclically Adjusted PB Ratio for today is 0.21.

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

BKK:TAPAC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.79   Max: 7.67
Current: 0.21

During the past years, Tapaco PCL's highest Cyclically Adjusted PB Ratio was 7.67. The lowest was 0.21. And the median was 1.79.

BKK:TAPAC's Cyclically Adjusted PB Ratio is ranked better than
89.16% of 452 companies
in the Conglomerates industry
Industry Median: 0.97 vs BKK:TAPAC: 0.21

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.

Tapaco PCL's adjusted book value per share data for the three months ended in Oct. 2023 was ฿2.096. 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 ฿2.56 for the trailing ten years ended in Oct. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tapaco PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tapaco 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.

Tapaco PCL Cyclically Adjusted PB Ratio Chart

Tapaco PCL Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 1.42 1.87 1.30 0.52

Tapaco PCL Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 1.30 1.06 0.67 0.55 0.52

Competitive Comparison of Tapaco PCL's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Tapaco 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.


Tapaco PCL's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



Tapaco 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.54/2.56
=0.21

* 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.

Tapaco PCL's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 is calculated as:

For example, Tapaco PCL's adjusted Book Value per Share data for the three months ended in Oct. 2023 was:

Adj_Book=Book Value per Share/CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=2.096/129.8097*129.8097
=2.096

Current CPI (Oct. 2023) = 129.8097.

Tapaco PCL Quarterly Data

Book Value per Share CPI Adj_Book
201401 1.479 98.692 1.945
201404 1.426 100.023 1.851
201407 1.499 100.520 1.936
201410 1.517 100.176 1.966
201501 1.562 98.604 2.056
201504 1.520 99.824 1.977
201507 1.463 100.691 1.886
201510 1.534 100.346 1.984
201601 1.690 99.957 2.195
201604 1.880 100.947 2.418
201607 1.566 101.524 2.002
201610 1.707 101.988 2.173
201701 2.096 102.456 2.656
201704 2.156 103.167 2.713
201707 2.352 103.278 2.956
201710 2.697 104.070 3.364
201801 2.774 104.578 3.443
201804 2.426 105.708 2.979
201807 2.543 106.324 3.105
201810 2.486 106.695 3.025
201901 2.480 106.200 3.031
201904 2.463 107.818 2.965
201907 2.473 108.250 2.966
201910 2.377 108.577 2.842
202001 2.576 108.841 3.072
202004 2.498 108.173 2.998
202007 2.554 109.318 3.033
202010 2.146 109.861 2.536
202101 2.371 110.364 2.789
202104 2.454 112.673 2.827
202107 2.619 115.183 2.952
202110 2.265 116.696 2.520
202201 2.224 118.619 2.434
202204 2.517 121.978 2.679
202207 2.596 125.002 2.696
202210 2.396 125.734 2.474
202301 2.284 126.223 2.349
202304 2.222 127.992 2.254
202307 2.147 128.974 2.161
202310 2.096 129.810 2.096

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.


Tapaco PCL  (BKK:TAPAC) 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.


Tapaco PCL Cyclically Adjusted PB Ratio Related Terms

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


Tapaco PCL (BKK:TAPAC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
789/40 Moo 1, Sub-district Nongkham, District Sriracha, Chonburi, THA, 20230
Tapaco PCL is a Thailand-based company. Its operating segments are Manufacturing of plastic parts which include assembling of electrical and electronic products, Manufacturing of mold and related services involves the manufacturing of plastic injection mold and providing repair, maintenance, and modification services for a plastic injection mold, Sales of cosmetic products, and Construction and real estate services.

Tapaco PCL (BKK:TAPAC) Headlines

No Headlines