Bangkok Bank PCL (BKK:BBL-R) Cyclically Adjusted Book per Share: ฿295.23 (As of Mar. 2026)


BKK:BBL-R Bangkok Bank PCL BKK:BBL-R
50 GF Score
Price ฿168.63
GF Value ฿139.89
! 5 Warning Signs
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What is Bangkok Bank PCL Cyclically Adjusted Book per Share?

Bangkok Bank PCL BKK:BBL-R 50 Cyclically Adjusted Book per Share is ฿295.23 as of Mar. 2026. GuruFocus rates BKK:BBL-R with a GF Score™ of 50/100 and a GF Value™ of ฿139.89. The stock has 5 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.

Bangkok Bank PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿302.759. 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 ฿295.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bangkok Bank PCL's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Bangkok Bank PCL was 9.70% per year. The lowest was 5.60% per year. And the median was 7.80% per year.

As of today (2026-06-26), Bangkok Bank PCL's current stock price is ฿168.62936. Bangkok Bank PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿295.23. Bangkok Bank PCL's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bangkok Bank PCL was 1.34. The lowest was 0.49. And the median was 0.59.


Bangkok Bank PCL  (BKK:BBL-R) 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.

Bangkok Bank PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=168.62936/295.23
=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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bangkok Bank PCL was 1.34. The lowest was 0.49. And the median was 0.59.


Be Aware

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


Bangkok Bank PCL Cyclically Adjusted Book per Share Related Terms


Bangkok Bank PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bangkok Bank 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.

Bangkok Bank PCL Cyclically Adjusted Book per Share Chart

Bangkok Bank 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 218.08 240.50 262.83 272.11 260.96

Bangkok Bank 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 282.39 303.66 284.92 260.96 295.23

Bangkok Bank PCL Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Bangkok Bank 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.


Bangkok Bank PCL Cyclically Adjusted PB Ratio vs Banks Industry

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

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


BKK:BBL-R
50GF Score
Bangkok Bank PCL BKK:BBL-R
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Bank 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, Bangkok Bank 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)
=302.759/330.2130*330.2130
=302.759

Current CPI (Mar. 2026) = 330.2130.

Bangkok Bank PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 193.361 241.018 264.919
201609 194.299 241.428 265.752
201612 198.558 241.432 271.573
201703 202.170 243.801 273.826
201706 201.448 244.955 271.563
201709 205.894 246.819 275.460
201712 210.454 246.524 281.898
201803 212.412 249.554 281.066
201806 209.472 251.989 274.498
201809 211.947 252.439 277.246
201812 216.264 251.233 284.251
201903 222.782 254.202 289.398
201906 221.685 256.143 285.791
201909 225.361 256.759 289.833
201912 224.089 256.974 287.956
202003 217.330 258.115 278.036
202006 229.636 257.797 294.141
202009 230.249 260.280 292.113
202012 235.228 260.474 298.208
202103 241.093 264.877 300.562
202106 245.089 271.696 297.875
202109 255.079 274.310 307.063
202112 258.129 278.802 305.728
202203 260.699 287.504 299.426
202206 259.076 296.311 288.718
202209 267.215 296.808 297.289
202212 264.739 296.797 294.546
202303 269.906 301.836 295.281
202306 272.737 305.109 295.177
202309 276.669 307.789 296.826
202312 277.118 306.746 298.318
202403 291.049 312.332 307.712
202406 285.687 314.175 300.271
202409 287.516 315.301 301.114
202412 290.773 315.605 304.232
202503 295.113 319.799 304.723
202506 300.202 322.561 307.324
202509 306.243 324.800 311.347
202512 300.665 324.054 306.379
202603 302.759 330.213 302.759

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 ฿295.23 mean?
Bangkok Bank PCL (BKK:BBL-R) has a Cyclically Adjusted Book per Share of ฿295.23 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 Bangkok Bank PCL and its competitors.
Is Bangkok Bank PCL's Cyclically Adjusted Book per Share too high?
Bangkok Bank PCL's current Cyclically Adjusted Book per Share is ฿295.23. Overall, Bangkok Bank PCL has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Bangkok Bank PCL's Cyclically Adjusted Book per Share compare to competitors?
Bangkok Bank PCL's Cyclically Adjusted Book per Share of ฿295.23 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 Bangkok Bank PCL and its competitors. Bangkok Bank PCL's current Cyclically Adjusted Book per Share is ฿295.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Bank PCL stock overvalued right now?
Bangkok Bank PCL (BKK:BBL-R) has a current Cyclically Adjusted Book per Share of ฿295.23. The stock's GF Value™ is ฿139.89, compared to a current price of ฿168.63 — trading 20.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿295.23. Bangkok Bank PCL's overall GF Score™ is 50/100 with 5 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 Bangkok Bank PCL (BKK:BBL-R), the current Cyclically Adjusted Book per Share is ฿295.23 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 Bangkok Bank PCL (BKK:BBL-R) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Bank PCL stock appears to be overvalued. The current stock price of ฿168.63 is trading 20.5% above its estimated GF Value™ of ฿139.89.

Key valuation signals for BKK:BBL-R:

  • Cyclically Adjusted Book per Share: ฿295.23
  • GF Value™: ฿139.89 vs. price of ฿168.63 (20.5% above fair value)
  • GF Score™: 50/100 with 5 warning signs

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


Bangkok Bank PCL Business Description

Address 333 Silom Road, Bangrak, Bangkok, THA, 10500
Bangkok Bank PCL is a Thai commercial bank with some international exposure. The bank's operaing segments are: Domestic banking, International banking, Investment banking, and Others. The majority of its revenue is generated from the Domestic banking segment, which provides financial services in domestic market. The main products and services offered under this segment are loans, deposits, trade finance, remittances and payments, electronic services, credit cards, debit cards and other related financial services. The International banking segment provides financial services through overseas branches and subsidiaries, and the Investment banking segment provides project services, corporate finance services, financial advisory services, securities business services, etc.
50GF Score

Get the complete analysis for BKK:BBL-R

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

฿168.63
Price
฿139.89
GF Value