Asia Metal PCL (BKK:AMC) Cyclically Adjusted Book per Share: ฿6.24 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:AMC Asia Metal PCL BKK:AMC
68 GF Score
Price ฿2.08
GF Value ฿2.18
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Asia Metal PCL Cyclically Adjusted Book per Share?

Asia Metal PCL BKK:AMC +0.97% 68 Cyclically Adjusted Book per Share is ฿6.24 as of Mar. 2026. GuruFocus rates BKK:AMC with a GF Score™ of 68/100 and a GF Value™ of ฿2.18 (Fairly Valued). The stock has 8 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.

Asia Metal PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿6.885. 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 ฿6.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Asia Metal PCL's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Asia Metal PCL was 9.50% per year. The lowest was 3.30% per year. And the median was 7.40% per year.

As of today (2026-07-14), Asia Metal PCL's current stock price is ฿2.08. Asia Metal PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿6.24. Asia Metal PCL's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asia Metal PCL was 1.85. The lowest was 0.27. And the median was 0.57.


Asia Metal PCL  (BKK:AMC) 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.

Asia Metal PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.08/6.24
=0.33

* 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 Asia Metal PCL was 1.85. The lowest was 0.27. And the median was 0.57.


Be Aware

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


Asia Metal PCL Cyclically Adjusted Book per Share Related Terms


Asia Metal PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Asia Metal 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.

Asia Metal PCL Cyclically Adjusted Book per Share Chart

Asia Metal 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 4.51 4.98 5.31 5.68 6.07

Asia Metal 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 5.81 5.92 6.02 6.07 6.24

BKK:AMC vs NUE, STLD, RS: Cyclically Adjusted Book per Share Comparison

For the Steel subindustry, Asia Metal 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.


Asia Metal PCL Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Asia Metal PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:AMC
68GF Score
Asia Metal PCL BKK:AMC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Metal 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, Asia Metal 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)
=6.885/330.2130*330.2130
=6.885

Current CPI (Mar. 2026) = 330.2130.

Asia Metal PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.688 241.018 5.053
201609 3.810 241.428 5.211
201612 3.910 241.432 5.348
201703 4.197 243.801 5.685
201706 3.819 244.955 5.148
201709 3.903 246.819 5.222
201712 4.006 246.524 5.366
201803 4.146 249.554 5.486
201806 3.973 251.989 5.206
201809 3.939 252.439 5.153
201812 3.708 251.233 4.874
201903 3.723 254.202 4.836
201906 3.940 256.143 5.079
201909 3.999 256.759 5.143
201912 4.290 256.974 5.513
202003 4.267 258.115 5.459
202006 4.386 257.797 5.618
202009 4.435 260.280 5.627
202012 4.567 260.474 5.790
202103 5.102 264.877 6.360
202106 5.653 271.696 6.871
202109 6.002 274.310 7.225
202112 6.407 278.802 7.588
202203 6.621 287.504 7.605
202206 6.253 296.311 6.968
202209 5.879 296.808 6.541
202212 5.933 296.797 6.601
202303 6.268 301.836 6.857
202306 6.422 305.109 6.950
202309 6.586 307.789 7.066
202312 6.941 306.746 7.472
202403 7.095 312.332 7.501
202406 7.035 314.175 7.394
202409 7.059 315.301 7.393
202412 6.899 315.605 7.218
202503 6.958 319.799 7.185
202506 6.880 322.561 7.043
202509 6.867 324.800 6.981
202512 6.821 324.054 6.951
202603 6.885 330.213 6.885

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 ฿6.24 mean?
Asia Metal PCL (BKK:AMC) has a Cyclically Adjusted Book per Share of ฿6.24 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 Asia Metal PCL and its competitors.
Is Asia Metal PCL's Cyclically Adjusted Book per Share too high?
Asia Metal PCL's current Cyclically Adjusted Book per Share is ฿6.24. Overall, Asia Metal PCL has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Metal PCL's Cyclically Adjusted Book per Share compare to NUE and STLD?
Asia Metal PCL's Cyclically Adjusted Book per Share of ฿6.24 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Book per Share depends on the Steel 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 Asia Metal PCL and its competitors. Asia Metal PCL's current Cyclically Adjusted Book per Share is ฿6.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Metal PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Metal PCL (BKK:AMC) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.18, compared to a current price of ฿2.08 — trading 4.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿6.24. Asia Metal PCL's overall GF Score™ is 68/100 with 8 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 Asia Metal PCL (BKK:AMC), the current Cyclically Adjusted Book per Share is ฿6.24 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 Asia Metal PCL (BKK:AMC) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Metal PCL stock appears to be undervalued. The current stock price of ฿2.08 is trading 4.6% below its estimated GF Value™ of ฿2.18. GuruFocus considers Asia Metal PCL to be Fairly Valued.

Key valuation signals for BKK:AMC:

  • Cyclically Adjusted Book per Share: ฿6.24
  • GF Value™: ฿2.18 vs. price of ฿2.08 (4.6% below fair value)
  • GF Score™: 68/100 with 8 warning signs

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


Asia Metal PCL Business Description

Address Srinakarin Road, 55, 55/1 Moo 2 Soi Watnamdaeng, Tambol Bangkaew, Amphur Bangplee, Samutprakarn, THA, 10540
Asia Metal PCL is engaged in manufacturing and trading processed steel products and rendering service for the manufacturing of processed steel. Its products include integrated steel roll coiled, both hot-rolled and cold-rolled type, the cut-and-steel sheet, and rolling a Little (slitting coil). The company also manufactures and distributes steel pipe and structural steel C-shape used by various industries. Its segment is the manufacturing and trading of processed steel products and rendering service for cutting and modifying steels. It has only one geographical segment because it operates only in Thailand.
68GF Score

Get the complete analysis for BKK:AMC

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

฿2.08
Price
฿2.18
GF Value