B.Grimm Power PCL (BKK:BGRIM) Cyclically Adjusted Book per Share: ฿12.26 (As of Mar. 2026)

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BKK:BGRIM B.Grimm Power PCL BKK:BGRIM
83 GF Score
Price ฿19.20
GF Value ฿20.65
Valuation Fairly Valued
! 12 Warning Signs
View Full Analysis

What is B.Grimm Power PCL Cyclically Adjusted Book per Share?

B.Grimm Power PCL BKK:BGRIM -2.54% 83 Cyclically Adjusted Book per Share is ฿12.26 as of Mar. 2026. GuruFocus rates BKK:BGRIM with a GF Score™ of 83/100 and a GF Value™ of ฿20.65 (Fairly Valued). The stock has 12 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.

B.Grimm Power PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿13.322. 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 ฿12.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, B.Grimm Power PCL's average Cyclically Adjusted Book Growth Rate was 11.70% 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.

As of today (2026-07-24), B.Grimm Power PCL's current stock price is ฿19.20. B.Grimm Power PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿12.26. B.Grimm Power PCL's Cyclically Adjusted PB Ratio of today is 1.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of B.Grimm Power PCL was 1.65. The lowest was 0.84. And the median was 1.11.


B.Grimm Power PCL  (BKK:BGRIM) 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.

B.Grimm Power PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.20/12.26
=1.57

* 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 B.Grimm Power PCL was 1.65. The lowest was 0.84. And the median was 1.11.


Be Aware

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


B.Grimm Power PCL Cyclically Adjusted Book per Share Related Terms


B.Grimm Power PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for B.Grimm Power 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.

B.Grimm Power PCL Cyclically Adjusted Book per Share Chart

B.Grimm Power 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 0.00 12.01

B.Grimm Power 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 10.98 11.38 11.74 12.01 12.26

BKK:BGRIM vs CEG, VST, NRG: Cyclically Adjusted Book per Share Comparison

For the Utilities - Independent Power Producers subindustry, B.Grimm Power 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.


B.Grimm Power PCL Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

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

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


BKK:BGRIM
83GF Score
B.Grimm Power PCL BKK:BGRIM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B.Grimm Power 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, B.Grimm Power 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)
=13.322/330.2130*330.2130
=13.322

Current CPI (Mar. 2026) = 330.2130.

B.Grimm Power PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 3.122 241.432 4.270
201703 3.437 243.801 4.655
201706 3.590 244.955 4.840
201709 6.997 246.819 9.361
201712 7.155 246.524 9.584
201803 7.395 249.554 9.785
201806 7.242 251.989 9.490
201809 7.330 252.439 9.588
201812 7.386 251.233 9.708
201903 7.545 254.202 9.801
201906 7.521 256.143 9.696
201909 7.658 256.759 9.849
201912 10.796 256.974 13.873
202003 10.256 258.115 13.121
202006 10.260 257.797 13.142
202009 10.427 260.280 13.229
202012 10.538 260.474 13.359
202103 11.115 264.877 13.857
202106 11.043 271.696 13.421
202109 11.283 274.310 13.582
202112 11.305 278.802 13.390
202203 11.749 287.504 13.494
202206 11.896 296.311 13.257
202209 12.087 296.808 13.447
202212 11.405 296.797 12.689
202303 14.437 301.836 15.794
202306 14.807 305.109 16.025
202309 15.050 307.789 16.146
202312 14.630 306.746 15.749
202403 14.920 312.332 15.774
202406 14.768 314.175 15.522
202409 13.752 315.301 14.402
202412 13.843 315.605 14.484
202503 13.874 319.799 14.326
202506 13.381 322.561 13.698
202509 13.021 324.800 13.238
202512 12.826 324.054 13.070
202603 13.322 330.213 13.322

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 ฿12.26 mean?
B.Grimm Power PCL (BKK:BGRIM) has a Cyclically Adjusted Book per Share of ฿12.26 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 B.Grimm Power PCL and its competitors.
Is B.Grimm Power PCL's Cyclically Adjusted Book per Share too high?
B.Grimm Power PCL's current Cyclically Adjusted Book per Share is ฿12.26. Overall, B.Grimm Power PCL has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does B.Grimm Power PCL's Cyclically Adjusted Book per Share compare to CEG and VST?
B.Grimm Power PCL's Cyclically Adjusted Book per Share of ฿12.26 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 B.Grimm Power PCL and its competitors. B.Grimm Power PCL's current Cyclically Adjusted Book per Share is ฿12.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B.Grimm Power PCL stock overvalued right now?
Based on GuruFocus' analysis, B.Grimm Power PCL (BKK:BGRIM) is currently considered Fairly Valued. The stock's GF Value™ is ฿20.65, compared to a current price of ฿19.20 — trading 7% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿12.26. B.Grimm Power PCL's overall GF Score™ is 83/100 with 12 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 B.Grimm Power PCL (BKK:BGRIM), the current Cyclically Adjusted Book per Share is ฿12.26 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 B.Grimm Power PCL (BKK:BGRIM) Overvalued in 2026?

Based on GuruFocus' analysis, B.Grimm Power PCL stock appears to be undervalued. The current stock price of ฿19.20 is trading 7% below its estimated GF Value™ of ฿20.65. GuruFocus considers B.Grimm Power PCL to be Fairly Valued.

Key valuation signals for BKK:BGRIM:

  • Cyclically Adjusted Book per Share: ฿12.26
  • GF Value™: ฿20.65 vs. price of ฿19.20 (7% below fair value)
  • GF Score™: 83/100 with 12 warning signs

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


B.Grimm Power PCL Business Description

Other Exchanges BGRIM-F:Thailand
Address 5, Krungthepkreetha Road, Dr. Gerhard Link Building, Huamark, Bangkapi, Bangkok, THA, 10240
B.Grimm Power PCL, along with its subsidiaries, is engaged in the generation and distribution of electricity for the government sectors and Industrial Users, both in Thailand and overseas. The company operates through two reportable segments: 1) Electricity generating: This segment is the generation and distribution of electricity for the government sectors and industrial users both in Thailand and overseas and procure and wholesale liquefied natural gas to the entities in the Group. 2) Other businesses: This segment is the business of investment holding, maintenance, and operating services forpower plants. The majority of the company's revenue comes from Electricity generating segment. Geographically, it derives the maximum revenue from Thailand.
83GF Score

Get the complete analysis for BKK:BGRIM

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

฿19.20
Price
฿20.65
GF Value