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Thai Wacoal PCL (BKK:WACOAL) Cyclically Adjusted PB Ratio : 0.57 (As of Jun. 09, 2024)


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What is Thai Wacoal PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Thai Wacoal PCL's current share price is ฿31.00. Thai Wacoal PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿54.85. Thai Wacoal PCL's Cyclically Adjusted PB Ratio for today is 0.57.

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

BKK:WACOAL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.94   Max: 1.12
Current: 0.57

During the past years, Thai Wacoal PCL's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.53. And the median was 0.94.

BKK:WACOAL's Cyclically Adjusted PB Ratio is ranked better than
73.23% of 833 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.04 vs BKK:WACOAL: 0.57

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.

Thai Wacoal PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿45.304. 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 ฿54.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Wacoal PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thai Wacoal 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.

Thai Wacoal PCL Cyclically Adjusted PB Ratio Chart

Thai Wacoal 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 0.99 0.94 0.77 0.66 0.58

Thai Wacoal 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 0.65 0.61 0.61 0.58 0.57

Competitive Comparison of Thai Wacoal PCL's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Thai Wacoal 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.


Thai Wacoal PCL's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Wacoal PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thai Wacoal 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.00/54.85
=0.57

* 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.

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

For example, Thai Wacoal 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)
=45.304/131.7762*131.7762
=45.304

Current CPI (Mar. 2024) = 131.7762.

Thai Wacoal PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 41.625 100.560 54.547
201409 42.462 100.428 55.716
201412 42.618 99.070 56.688
201503 43.343 99.621 57.333
201506 42.097 100.684 55.097
201509 42.486 100.392 55.768
201512 43.166 99.792 57.001
201603 43.968 100.470 57.668
201606 43.686 101.688 56.612
201609 44.532 101.861 57.610
201612 45.329 101.863 58.641
201703 46.732 102.862 59.868
201706 46.199 103.349 58.906
201709 47.112 104.136 59.617
201712 48.041 104.011 60.865
201803 48.574 105.290 60.793
201806 47.080 106.317 58.354
201809 48.364 106.507 59.839
201812 48.424 105.998 60.201
201903 48.781 107.251 59.936
201906 47.239 108.070 57.602
201909 47.305 108.329 57.544
201912 47.985 108.420 58.322
202003 51.120 108.902 61.858
202006 48.310 108.767 58.530
202009 46.045 109.815 55.253
202012 44.571 109.897 53.445
202103 44.645 111.754 52.644
202106 43.825 114.631 50.380
202109 43.700 115.734 49.757
202112 44.685 117.630 50.059
202203 45.513 121.301 49.443
202206 44.959 125.017 47.390
202209 45.611 125.227 47.997
202212 46.185 125.222 48.602
202303 46.767 127.348 48.393
202306 46.267 128.729 47.362
202309 46.238 129.860 46.920
202312 45.204 129.419 46.027
202403 45.304 131.776 45.304

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.


Thai Wacoal PCL  (BKK:WACOAL) 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.


Thai Wacoal PCL Cyclically Adjusted PB Ratio Related Terms

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


Thai Wacoal PCL (BKK:WACOAL) Business Description

Traded in Other Exchanges
N/A
Address
132 Soi Charoenrat 7, Bangkholaem District, Khwang Bangkhlo, Bangkok, THA, 10120
Thai Wacoal PCL is a Thailand-based garment manufacturing company. It manufactures and sells finished garment products, consisting of Ladies lingerie. The key revenue driver product of the company is Ladies lingerie, which is sold under the brand names of Wacoal. The company's operating segment is based on domestic sales and export sales of which a majority of the revenue is generated from domestic sales.

Thai Wacoal PCL (BKK:WACOAL) Headlines

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