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Taokaenoi Food & Marketing PCL (BKK:TKN) Cyclically Adjusted PB Ratio : 6.63 (As of May. 27, 2024)


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What is Taokaenoi Food & Marketing PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Taokaenoi Food & Marketing PCL's current share price is ฿10.80. Taokaenoi Food & Marketing PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ฿1.63. Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio for today is 6.63.

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

BKK:TKN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.8   Med: 6.5   Max: 7.18
Current: 6.55

During the past 10 years, Taokaenoi Food & Marketing PCL's highest Cyclically Adjusted PB Ratio was 7.18. The lowest was 5.80. And the median was 6.50.

BKK:TKN's Cyclically Adjusted PB Ratio is ranked worse than
91.89% of 1282 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs BKK:TKN: 6.55

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.

Taokaenoi Food & Marketing PCL's adjusted book value per share data of for the fiscal year that ended in Dec23 was ฿1.616. 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 ฿1.63 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taokaenoi Food & Marketing PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Taokaenoi Food & Marketing 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.

Taokaenoi Food & Marketing PCL Cyclically Adjusted PB Ratio Chart

Taokaenoi Food & Marketing 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 - - - - 5.82

Taokaenoi Food & Marketing 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 - - - 5.82 -

Competitive Comparison of Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Taokaenoi Food & Marketing 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.


Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio falls into.



Taokaenoi Food & Marketing 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.

Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.80/1.63
=6.63

* 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.

Taokaenoi Food & Marketing PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Taokaenoi Food & Marketing PCL's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.616/129.4194*129.4194
=1.616

Current CPI (Dec23) = 129.4194.

Taokaenoi Food & Marketing PCL Annual Data

Book Value per Share CPI Adj_Book
201412 0.255 99.070 0.333
201512 1.336 99.792 1.733
201612 1.610 101.863 2.046
201712 1.577 104.011 1.962
201812 1.569 105.998 1.916
201912 1.551 108.420 1.851
202012 1.466 109.897 1.726
202112 1.447 117.630 1.592
202212 1.508 125.222 1.559
202312 1.616 129.419 1.616

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.


Taokaenoi Food & Marketing PCL  (BKK:TKN) 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.


Taokaenoi Food & Marketing PCL Cyclically Adjusted PB Ratio Related Terms

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


Taokaenoi Food & Marketing PCL (BKK:TKN) Business Description

Traded in Other Exchanges
N/A
Address
337 Bond Street, Bangphut Pak kret, Nonthaburi, THA, 11120
Taokaenoi Food & Marketing PCL specializes in the production of seaweed snacks in Thailand. The company is principally engaged in the manufacture and distribution of fried, grilled, and baked seaweed and seaweed snacks. The company's operations are divided into three segments: Snack, Retailer, and Others. Snacks segment represents the manufacture and distribution of fried, grilled, and baked seaweed and seaweed snacks in both domestic and overseas markets. The retailer segment represents a retailer of snacks, food and beverage and franchises. Geographically, the business activities are carried out across Thailand.

Taokaenoi Food & Marketing PCL (BKK:TKN) Headlines

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