BCPG PCL (BKK:BCPG) Cyclically Adjusted Book per Share: ฿10.13 (As of Mar. 2026)

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BKK:BCPG BCPG PCL BKK:BCPG
78 GF Score
Price ฿7.10
GF Value ฿6.64
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is BCPG PCL Cyclically Adjusted Book per Share?

BCPG PCL BKK:BCPG -3.40% 78 Cyclically Adjusted Book per Share is ฿10.13 as of Mar. 2026. GuruFocus rates BKK:BCPG with a GF Score™ of 78/100 and a GF Value™ of ฿6.64 (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.

BCPG PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿9.834. 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 ฿10.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BCPG PCL's average Cyclically Adjusted Book Growth Rate was 4.80% 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.

As of today (2026-07-31), BCPG PCL's current stock price is ฿7.10. BCPG PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿10.13. BCPG PCL's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BCPG PCL was 0.95. The lowest was 0.56. And the median was 0.70.


BCPG PCL  (BKK:BCPG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.10/10.13
=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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BCPG PCL was 0.95. The lowest was 0.56. And the median was 0.70.


Be Aware

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


BCPG PCL Cyclically Adjusted Book per Share Related Terms


BCPG PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BCPG 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.

BCPG PCL Cyclically Adjusted Book per Share Chart

BCPG 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 0.00 0.00 9.53 9.95

BCPG 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 9.67 9.74 9.80 9.95 10.13

BCPG PCL Cyclically Adjusted Book per Share Competitor Comparison

For the Utilities - Renewable subindustry, BCPG 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.


BCPG PCL Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, BCPG PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:BCPG
78GF Score
BCPG PCL BKK:BCPG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BCPG 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, BCPG 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)
=9.834/330.2130*330.2130
=9.834

Current CPI (Mar. 2026) = 330.2130.

BCPG PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.012 241.018 5.497
201609 7.060 241.428 9.656
201612 6.700 241.432 9.164
201703 6.925 243.801 9.379
201706 6.886 244.955 9.283
201709 6.976 246.819 9.333
201712 6.994 246.524 9.368
201803 7.273 249.554 9.624
201806 7.084 251.989 9.283
201809 7.481 252.439 9.786
201812 7.480 251.233 9.831
201903 7.693 254.202 9.993
201906 7.591 256.143 9.786
201909 7.628 256.759 9.810
201912 7.652 256.974 9.833
202003 7.505 258.115 9.601
202006 7.322 257.797 9.379
202009 7.642 260.280 9.695
202012 8.514 260.474 10.794
202103 8.951 264.877 11.159
202106 9.104 271.696 11.065
202109 9.426 274.310 11.347
202112 9.385 278.802 11.116
202203 9.914 287.504 11.387
202206 10.005 296.311 11.150
202209 10.167 296.808 11.311
202212 10.051 296.797 11.183
202303 10.221 301.836 11.182
202306 10.300 305.109 11.147
202309 10.533 307.789 11.300
202312 9.867 306.746 10.622
202403 10.471 312.332 11.070
202406 10.898 314.175 11.454
202409 9.606 315.301 10.060
202412 10.252 315.605 10.727
202503 10.041 319.799 10.368
202506 9.400 322.561 9.623
202509 9.449 324.800 9.606
202512 9.403 324.054 9.582
202603 9.834 330.213 9.834

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 ฿10.13 mean?
BCPG PCL (BKK:BCPG) has a Cyclically Adjusted Book per Share of ฿10.13 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 BCPG PCL and its competitors.
Is BCPG PCL's Cyclically Adjusted Book per Share too high?
BCPG PCL's current Cyclically Adjusted Book per Share is ฿10.13. Overall, BCPG PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BCPG PCL's Cyclically Adjusted Book per Share compare to competitors?
BCPG PCL's Cyclically Adjusted Book per Share of ฿10.13 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Independent Power Producers 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 BCPG PCL and its competitors. BCPG PCL's current Cyclically Adjusted Book per Share is ฿10.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BCPG PCL stock overvalued right now?
Based on GuruFocus' analysis, BCPG PCL (BKK:BCPG) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.64, compared to a current price of ฿7.10 — trading 6.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿10.13. BCPG PCL's overall GF Score™ is 78/100 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 BCPG PCL (BKK:BCPG), the current Cyclically Adjusted Book per Share is ฿10.13 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 BCPG PCL (BKK:BCPG) Overvalued in 2026?

Based on GuruFocus' analysis, BCPG PCL stock appears to be overvalued. The current stock price of ฿7.10 is trading 6.9% above its estimated GF Value™ of ฿6.64. GuruFocus considers BCPG PCL to be Fairly Valued.

Key valuation signals for BKK:BCPG:

  • Cyclically Adjusted Book per Share: ฿10.13
  • GF Value™: ฿6.64 vs. price of ฿7.10 (6.9% above fair value)
  • GF Score™: 78/100 with 8 warning signs

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


BCPG PCL Business Description

Other Exchanges 8BCN:Germany
Address Sukhumvit Road, 2098 M Tower Building, 12th Floor, Phra Khanong Tai, Phrakanong, Bangkok, THA, 10260
BCPG PCL operates in clean and environmentally friendly renewable power businesses. Its activities include the production and distribution of electricity from green energy, including other related products and services, and investment in alternative energy businesses. Its businesses include renewable energy with solar power, hydropower, wind power, and natural gas. Its green businesses are Power Business, Smart Energy Solutions, and Infrastructure. The Group has two reportable segments: production and distribution of electricity, and oil storage and seaport services. Geographically, the business presence is across Thailand, Laos, Taiwan, and Japan, of which Thailand accounts for the majority of the revenue.
78GF Score

Get the complete analysis for BKK:BCPG

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

฿7.10
Price
฿6.64
GF Value