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Thaicom PCL (BKK:THCOM) Cyclically Adjusted PB Ratio : 0.83 (As of May. 23, 2024)


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What is Thaicom PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Thaicom PCL's current share price is ฿12.80. Thaicom PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿15.38. Thaicom PCL's Cyclically Adjusted PB Ratio for today is 0.83.

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

BKK:THCOM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.69   Max: 1.35
Current: 0.83

During the past years, Thaicom PCL's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.15. And the median was 0.69.

BKK:THCOM's Cyclically Adjusted PB Ratio is ranked better than
76.08% of 1869 companies
in the Hardware industry
Industry Median: 1.65 vs BKK:THCOM: 0.83

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.

Thaicom PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿9.415. 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 ฿15.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thaicom PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thaicom 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.

Thaicom PCL Cyclically Adjusted PB Ratio Chart

Thaicom 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 0.25 0.58 0.74 0.92 0.86

Thaicom 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 0.92 0.70 0.90 0.86 0.91

Competitive Comparison of Thaicom PCL's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Thaicom 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.


Thaicom PCL's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Thaicom 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.80/15.38
=0.83

* 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.

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

For example, Thaicom 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)
=9.415/131.7762*131.7762
=9.415

Current CPI (Mar. 2024) = 131.7762.

Thaicom PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.569 100.560 19.092
201409 14.942 100.428 19.606
201412 15.409 99.070 20.496
201503 14.978 99.621 19.813
201506 15.402 100.684 20.158
201509 15.652 100.392 20.545
201512 16.136 99.792 21.308
201603 16.078 100.470 21.088
201606 16.599 101.688 21.510
201609 16.939 101.861 21.914
201612 16.888 101.863 21.847
201703 16.329 102.862 20.919
201706 16.483 103.349 21.017
201709 16.497 104.136 20.876
201712 13.523 104.011 17.133
201803 13.486 105.290 16.879
201806 13.778 106.317 17.077
201809 13.809 106.507 17.085
201812 11.985 105.998 14.900
201903 11.921 107.251 14.647
201906 11.760 108.070 14.340
201909 11.668 108.329 14.193
201912 10.031 108.420 12.192
202003 10.037 108.902 12.145
202006 10.457 108.767 12.669
202009 10.552 109.815 12.662
202012 10.261 109.897 12.304
202103 10.155 111.754 11.974
202106 10.119 114.631 11.632
202109 10.255 115.734 11.676
202112 10.154 117.630 11.375
202203 9.860 121.301 10.711
202206 9.918 125.017 10.454
202209 9.941 125.227 10.461
202212 9.629 125.222 10.133
202303 9.710 127.348 10.048
202306 9.542 128.729 9.768
202309 9.597 129.860 9.739
202312 9.334 129.419 9.504
202403 9.415 131.776 9.415

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.


Thaicom PCL  (BKK:THCOM) 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.


Thaicom PCL Cyclically Adjusted PB Ratio Related Terms

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


Thaicom PCL (BKK:THCOM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Vibhavadi Rangsit Road, 28th Floor,349 SJ Infinite 1 Business Complex, Chompol Subdistrict, Chatuchak District, Bangkok, THA, 10900
Thaicom PCL is engaged in transponder services for domestic & international communications, sale of the user terminal, broadband content services, sale of direct television equipment, internet data center services, internet services, satellite uplink-downlink services, broadcasting television service, telecommunication, printing, publishing of business telephone directories, banner advertising, telephone network services, mobile contents, and engineering & development services on communication technology & electronics. It operates in three segments: Satellite services, Internet services & media, and Telephone networks. The company has operations in Thailand, Singapore, Lao PDR, Australia, New Zealand, Mauritius, the British Virgin Islands, Japan, and India.

Thaicom PCL (BKK:THCOM) Headlines

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