AJ Advance Technology PCL (BKK:AJA) Cyclically Adjusted Book per Share: ฿0.24 (As of Mar. 2026)

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BKK:AJA AJ Advance Technology PCL BKK:AJA
22 GF Score
Price ฿0.12
GF Value ฿0.10
Valuation Modestly Overvalued
! 4 Warning Signs
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What is AJ Advance Technology PCL Cyclically Adjusted Book per Share?

AJ Advance Technology PCL BKK:AJA 22 Cyclically Adjusted Book per Share is ฿0.24 as of Mar. 2026. GuruFocus rates BKK:AJA with a GF Score™ of 22/100 and a GF Value™ of ฿0.10 (Modestly Overvalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

AJ Advance Technology PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿0.089. 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 ฿0.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AJ Advance Technology PCL's average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of AJ Advance Technology PCL was -2.50% per year. The lowest was -2.50% per year. And the median was -2.50% per year.

As of today (2026-07-23), AJ Advance Technology PCL's current stock price is ฿0.12. AJ Advance Technology PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.24. AJ Advance Technology PCL's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AJ Advance Technology PCL was 1.42. The lowest was 0.35. And the median was 0.68.


AJ Advance Technology PCL  (BKK:AJA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

AJ Advance Technology PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.12/0.24
=0.50

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AJ Advance Technology PCL was 1.42. The lowest was 0.35. And the median was 0.68.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


AJ Advance Technology PCL Cyclically Adjusted Book per Share Related Terms


AJ Advance Technology PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for AJ Advance Technology PCL's Cyclically Adjusted Book per Share 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.

AJ Advance Technology PCL Cyclically Adjusted Book per Share Chart

AJ Advance Technology PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.27 0.26 0.26 0.25

AJ Advance Technology PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.26 0.26 0.25 0.25 0.24

BKK:AJA vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, AJ Advance Technology 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.


AJ Advance Technology PCL Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


BKK:AJA
22GF Score
AJ Advance Technology PCL BKK:AJA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AJ Advance Technology PCL Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, AJ Advance Technology PCL's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.089/330.2130*330.2130
=0.089

Current CPI (Mar. 2026) = 330.2130.

AJ Advance Technology PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.345 241.018 0.473
201609 0.370 241.428 0.506
201612 0.371 241.432 0.507
201703 0.341 243.801 0.462
201706 0.318 244.955 0.429
201709 0.292 246.819 0.391
201712 0.277 246.524 0.371
201803 0.279 249.554 0.369
201806 0.281 251.989 0.368
201809 0.276 252.439 0.361
201812 0.235 251.233 0.309
201903 0.241 254.202 0.313
201906 0.232 256.143 0.299
201909 0.202 256.759 0.260
201912 0.186 256.974 0.239
202003 0.178 258.115 0.228
202006 0.171 257.797 0.219
202009 0.163 260.280 0.207
202012 0.156 260.474 0.198
202103 0.151 264.877 0.188
202106 0.147 271.696 0.179
202109 0.152 274.310 0.183
202112 0.157 278.802 0.186
202203 0.174 287.504 0.200
202206 0.164 296.311 0.183
202209 0.161 296.808 0.179
202212 0.146 296.797 0.162
202303 0.146 301.836 0.160
202306 0.145 305.109 0.157
202309 0.142 307.789 0.152
202312 0.141 306.746 0.152
202403 0.145 312.332 0.153
202406 0.138 314.175 0.145
202409 0.129 315.301 0.135
202412 0.123 315.605 0.129
202503 0.117 319.799 0.121
202506 0.112 322.561 0.115
202509 0.108 324.800 0.110
202512 0.100 324.054 0.102
202603 0.089 330.213 0.089

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ฿0.24 mean?
AJ Advance Technology PCL (BKK:AJA) has a Cyclically Adjusted Book per Share of ฿0.24 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on AJ Advance Technology PCL and its competitors.
Is AJ Advance Technology PCL's Cyclically Adjusted Book per Share too high?
AJ Advance Technology PCL's current Cyclically Adjusted Book per Share is ฿0.24. Overall, AJ Advance Technology PCL has a GF Score™ of 22/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AJ Advance Technology PCL's Cyclically Adjusted Book per Share compare to SNX and ARW?
AJ Advance Technology PCL's Cyclically Adjusted Book per Share of ฿0.24 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on AJ Advance Technology PCL and its competitors. AJ Advance Technology PCL's current Cyclically Adjusted Book per Share is ฿0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Advance Technology PCL stock overvalued right now?
Based on GuruFocus' analysis, AJ Advance Technology PCL (BKK:AJA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.10, compared to a current price of ฿0.12 — trading 20% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿0.24. AJ Advance Technology PCL's overall GF Score™ is 22/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For AJ Advance Technology PCL (BKK:AJA), the current Cyclically Adjusted Book per Share is ฿0.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AJ Advance Technology PCL (BKK:AJA) Overvalued in 2026?

Based on GuruFocus' analysis, AJ Advance Technology PCL stock appears to be overvalued. The current stock price of ฿0.12 is trading 20% above its estimated GF Value™ of ฿0.10. GuruFocus considers AJ Advance Technology PCL to be Modestly Overvalued.

Key valuation signals for BKK:AJA:

  • Cyclically Adjusted Book per Share: ฿0.24
  • GF Value™: ฿0.10 vs. price of ฿0.12 (20% above fair value)
  • GF Score™: 22/100 with 4 warning signs

No single metric tells the full story. See the BKK:AJA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AJ Advance Technology PCL Business Description

Address No. 427/2 Rama 2 Road, Kwaeng Samaedum, Khet Bangkhunthien, Bangkok, THA, 10150
AJ Advance Technology PCL is engaged in wholesaling and retailing of electric vehicle, provides service to member relating access of website of such company for purchase and sales of goods, logistic business and export business, distribution of sport shoes and invest in digital assets, mining, trading digital assets including investment or providing other services about cryptocurrency and digital token transactions. Its segments include Retailing and wholesaling of electric appliances, including parts; Retailing of shoe; Sale of electric motorcycle; Mining digital assets; Sale chemical organic fertilizer; and Others. It derives majority of the revenue from Retailing of shoe segment. The group is managed and operates principally in Thailand.
22GF Score

Get the complete analysis for BKK:AJA

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.12
Price
฿0.10
GF Value