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SCB X PCL (FRA:OU8) Cyclically Adjusted PB Ratio : 0.70 (As of Jun. 02, 2024)


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What is SCB X PCL Cyclically Adjusted PB Ratio?

As of today (2024-06-02), SCB X PCL's current share price is €2.66. SCB X PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.81. SCB X PCL's Cyclically Adjusted PB Ratio for today is 0.70.

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

FRA:OU8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.86   Max: 1.01
Current: 0.8

During the past years, SCB X PCL's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.72. And the median was 0.86.

FRA:OU8's Cyclically Adjusted PB Ratio is ranked better than
59.67% of 1195 companies
in the Banks industry
Industry Median: 0.91 vs FRA:OU8: 0.80

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.

SCB X PCL's adjusted book value per share data for the three months ended in Mar. 2024 was €3.721. 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 €3.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SCB X PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SCB X 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.

SCB X PCL Cyclically Adjusted PB Ratio Chart

SCB X 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 - - - 0.88 0.81

SCB X 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 0.82 0.84 0.79 0.81 0.85

Competitive Comparison of SCB X PCL's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, SCB X 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.


SCB X PCL's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



SCB X 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.66/3.81
=0.70

* 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.

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

For example, SCB X 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)
=3.721/131.7762*131.7762
=3.721

Current CPI (Mar. 2024) = 131.7762.

SCB X PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.753 100.560 2.297
201409 1.931 100.428 2.534
201412 2.070 99.070 2.753
201503 2.476 99.621 3.275
201506 2.287 100.684 2.993
201509 2.120 100.392 2.783
201512 2.307 99.792 3.046
201603 2.413 100.470 3.165
201606 2.377 101.688 3.080
201609 2.458 101.861 3.180
201612 2.607 101.863 3.373
201703 2.736 102.862 3.505
201706 2.671 103.349 3.406
201709 2.639 104.136 3.339
201712 2.770 104.011 3.509
201803 2.847 105.290 3.563
201806 2.845 106.317 3.526
201809 2.884 106.507 3.568
201812 3.004 105.998 3.735
201903 3.211 107.251 3.945
201906 3.304 108.070 4.029
201909 3.457 108.329 4.205
201912 3.510 108.420 4.266
202003 3.278 108.902 3.967
202006 3.389 108.767 4.106
202009 3.233 109.815 3.880
202012 3.310 109.897 3.969
202103 3.377 111.754 3.982
202106 3.276 114.631 3.766
202109 3.217 115.734 3.663
202112 3.421 117.630 3.832
202203 3.623 121.301 3.936
202206 3.596 125.017 3.790
202209 3.699 125.227 3.892
202212 3.719 125.222 3.914
202303 3.794 127.348 3.926
202306 3.655 128.729 3.742
202309 3.617 129.860 3.670
202312 3.722 129.419 3.790
202403 3.721 131.776 3.721

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.


SCB X PCL  (FRA:OU8) 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.


SCB X PCL Cyclically Adjusted PB Ratio Related Terms

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


SCB X PCL (FRA:OU8) Business Description

Industry
Traded in Other Exchanges
Address
9 Ratchadapisek Road, Jatujak, Bangkok, THA, 10900
SCB X PCL is a full-service Thai bank, and its principal shareholder is the Thai Crown Property Bureau followed by a fund operating under the Thai Ministry of Finance. The bank provides a range of financial services such as customer deposits, home loans, personal credit, car hire purchases, ATM and debit transactions, currency exchanges and overseas remittances as well as corporate banking, insurance, asset management, and securities trading. The bank's long-term strategy focuses on small and medium-sized enterprises, financial planning, customer service, and digitalization and analytics. Nearly half of its loan portfolio is in retail loans, most of which are housing loans.

SCB X PCL (FRA:OU8) Headlines

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