BJC Heavy Industries PCL (BKK:BJCHI) Cyclically Adjusted Book per Share: ฿11.01 (As of Jun. 2026)

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BKK:BJCHI BJC Heavy Industries PCL BKK:BJCHI
53 GF Score
Price ฿3.68
GF Value ฿1.71
Valuation Significantly Overvalued
! 8 Warning Signs
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What is BJC Heavy Industries PCL Cyclically Adjusted Book per Share?

BJC Heavy Industries PCL BKK:BJCHI +1.66% 53 Cyclically Adjusted Book per Share is ฿11.01 as of Jun. 2026. GuruFocus rates BKK:BJCHI with a GF Score™ of 53/100 and a GF Value™ of ฿1.71 (Significantly Overvalued). 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.

BJC Heavy Industries PCL's adjusted book value per share for the three months ended in Jun. 2026 was ฿7.845. 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 ฿11.01 for the trailing ten years ended in Jun. 2026.

During the past 12 months, BJC Heavy Industries PCL's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.40% 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 BJC Heavy Industries PCL was -3.40% per year. The lowest was -3.40% per year. And the median was -3.40% per year.

As of today (2026-08-25), BJC Heavy Industries PCL's current stock price is ฿3.68. BJC Heavy Industries PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿11.01. BJC Heavy Industries PCL's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BJC Heavy Industries PCL was 0.59. The lowest was 0.20. And the median was 0.38.


BJC Heavy Industries PCL  (BKK:BJCHI) 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.

BJC Heavy Industries PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.68/11.01
=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 BJC Heavy Industries PCL was 0.59. The lowest was 0.20. And the median was 0.38.


Be Aware

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


BJC Heavy Industries PCL Cyclically Adjusted Book per Share Related Terms


BJC Heavy Industries PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BJC Heavy Industries 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.

BJC Heavy Industries PCL Cyclically Adjusted Book per Share Chart

BJC Heavy Industries 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 12.51 12.55 11.97 11.26

BJC Heavy Industries PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.73 11.57 11.26 11.15 11.01

BKK:BJCHI vs CRS, ATI, MLI: Cyclically Adjusted Book per Share Comparison

For the Metal Fabrication subindustry, BJC Heavy Industries 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.


BJC Heavy Industries PCL Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, BJC Heavy Industries PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:BJCHI
53GF Score
BJC Heavy Industries PCL BKK:BJCHI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BJC Heavy Industries 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, BJC Heavy Industries PCL's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.845/333.9520*333.9520
=7.845

Current CPI (Jun. 2026) = 333.9520.

BJC Heavy Industries PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.891 241.428 17.831
201612 11.841 241.432 16.379
201703 11.452 243.801 15.687
201706 10.868 244.955 14.817
201709 10.538 246.819 14.258
201712 10.051 246.524 13.616
201803 9.807 249.554 13.124
201806 9.802 251.989 12.990
201809 9.652 252.439 12.769
201812 9.473 251.233 12.592
201903 9.481 254.202 12.455
201906 9.111 256.143 11.879
201909 9.126 256.759 11.870
201912 9.188 256.974 11.940
202003 9.626 258.115 12.454
202006 8.718 257.797 11.293
202009 8.420 260.280 10.803
202012 8.182 260.474 10.490
202103 8.401 264.877 10.592
202106 8.423 271.696 10.353
202109 8.753 274.310 10.656
202112 8.451 278.802 10.123
202203 8.517 287.504 9.893
202206 8.402 296.311 9.469
202209 8.678 296.808 9.764
202212 8.747 296.797 9.842
202303 8.840 301.836 9.781
202306 8.504 305.109 9.308
202309 8.008 307.789 8.689
202312 8.453 306.746 9.203
202403 9.229 312.332 9.868
202406 9.003 314.175 9.570
202409 8.639 315.301 9.150
202412 8.065 315.605 8.534
202503 8.007 319.799 8.361
202506 7.847 322.561 8.124
202509 7.811 324.800 8.031
202512 7.717 324.054 7.953
202603 7.850 330.213 7.939
202606 7.845 333.952 7.845

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 ฿11.01 mean?
BJC Heavy Industries PCL (BKK:BJCHI) has a Cyclically Adjusted Book per Share of ฿11.01 as of Jun. 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 BJC Heavy Industries PCL and its competitors.
Is BJC Heavy Industries PCL's Cyclically Adjusted Book per Share too high?
BJC Heavy Industries PCL's current Cyclically Adjusted Book per Share is ฿11.01. Overall, BJC Heavy Industries PCL has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BJC Heavy Industries PCL's Cyclically Adjusted Book per Share compare to CRS and ATI?
BJC Heavy Industries PCL's Cyclically Adjusted Book per Share of ฿11.01 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 BJC Heavy Industries PCL and its competitors. BJC Heavy Industries PCL's current Cyclically Adjusted Book per Share is ฿11.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BJC Heavy Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, BJC Heavy Industries PCL (BKK:BJCHI) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.71, compared to a current price of ฿3.68 — trading 115.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿11.01. BJC Heavy Industries PCL's overall GF Score™ is 53/100 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 BJC Heavy Industries PCL (BKK:BJCHI), the current Cyclically Adjusted Book per Share is ฿11.01 as of Jun. 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 BJC Heavy Industries PCL (BKK:BJCHI) Overvalued in 2026?

Based on GuruFocus' analysis, BJC Heavy Industries PCL stock appears to be overvalued. The current stock price of ฿3.68 is trading 115.2% above its estimated GF Value™ of ฿1.71. GuruFocus considers BJC Heavy Industries PCL to be Significantly Overvalued.

Key valuation signals for BKK:BJCHI:

  • Cyclically Adjusted Book per Share: ฿11.01
  • GF Value™: ฿1.71 vs. price of ฿3.68 (115.2% above fair value)
  • GF Score™: 53/100 with 8 warning signs

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


BJC Heavy Industries PCL Business Description

Address 594 Moo 4, Tumbol Makhamkoo, Amphur Nikompattana, Rayong, THA, 21180
BJC Heavy Industries PCL operates in Thailand. Its principal activities are manufacturing fabricated steel and equipment and providing modularization. The company's products include steel fabrication, modularization, site erection and precast concrete, and its services include galvanizing, grating, built-up beams and post-weld heat treatment. It serves industries including power and others, oil and gas upstream, refining and petrochemical, and mining. Its business segments include contract revenues and service income, with contract revenue deriving the majority of its revenue, and also from the overseas geographical segment.
53GF Score

Get the complete analysis for BKK:BJCHI

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

฿3.68
Price
฿1.71
GF Value