Bangkok Sheet Metal PCL (BKK:BM) Cyclically Adjusted Book per Share: ฿1.84 (As of Mar. 2026)

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BKK:BM Bangkok Sheet Metal PCL BKK:BM
58 GF Score
Price ฿1.17
GF Value ฿2.79
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is Bangkok Sheet Metal PCL Cyclically Adjusted Book per Share?

Bangkok Sheet Metal PCL BKK:BM -0.85% 58 Cyclically Adjusted Book per Share is ฿1.84 as of Mar. 2026. GuruFocus rates BKK:BM with a GF Score™ of 58/100 and a GF Value™ of ฿2.79 (Possible Value Trap). The stock has 11 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 Sheet Metal PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿1.393. 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 ฿1.84 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bangkok Sheet Metal PCL's average Cyclically Adjusted Book Growth Rate was 2.20% 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 (2026-07-16), Bangkok Sheet Metal PCL's current stock price is ฿1.17. Bangkok Sheet Metal PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.84. Bangkok Sheet Metal PCL's Cyclically Adjusted PB Ratio of today is 0.64.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Bangkok Sheet Metal PCL was 1.54. The lowest was 0.54. And the median was 0.62.


Bangkok Sheet Metal PCL  (BKK:BM) 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 Sheet Metal PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.17/1.84
=0.64

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Bangkok Sheet Metal PCL was 1.54. The lowest was 0.54. And the median was 0.62.


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 Sheet Metal PCL Cyclically Adjusted Book per Share Related Terms


Bangkok Sheet Metal PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bangkok Sheet 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.

Bangkok Sheet Metal PCL Cyclically Adjusted Book per Share Chart

Bangkok Sheet 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 0.00 0.00 0.00 0.00 1.81

Bangkok Sheet 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 1.80 1.81 1.81 1.81 1.84

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

For the Metal Fabrication subindustry, Bangkok Sheet 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.


Bangkok Sheet Metal PCL Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bangkok Sheet Metal PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:BM
58GF Score
Bangkok Sheet Metal PCL BKK:BM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangkok Sheet 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, Bangkok Sheet 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)
=1.393/330.2130*330.2130
=1.393

Current CPI (Mar. 2026) = 330.2130.

Bangkok Sheet Metal PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.398 241.018 1.915
201609 1.445 241.428 1.976
201612 1.387 241.432 1.897
201703 1.407 243.801 1.906
201706 1.347 244.955 1.816
201709 1.310 246.819 1.753
201712 1.555 246.524 2.083
201803 1.576 249.554 2.085
201806 1.557 251.989 2.040
201809 1.590 252.439 2.080
201812 1.571 251.233 2.065
201903 1.577 254.202 2.049
201906 1.506 256.143 1.941
201909 1.550 256.759 1.993
201912 1.573 256.974 2.021
202003 1.597 258.115 2.043
202006 1.508 257.797 1.932
202009 1.578 260.280 2.002
202012 1.619 260.474 2.052
202103 1.652 264.877 2.059
202106 1.626 271.696 1.976
202109 1.704 274.310 2.051
202112 1.661 278.802 1.967
202203 1.699 287.504 1.951
202206 1.697 296.311 1.891
202209 1.736 296.808 1.931
202212 1.673 296.797 1.861
202303 1.700 301.836 1.860
202306 1.476 305.109 1.597
202309 1.513 307.789 1.623
202312 1.531 306.746 1.648
202403 1.546 312.332 1.635
202406 1.487 314.175 1.563
202409 1.513 315.301 1.585
202412 1.454 315.605 1.521
202503 1.499 319.799 1.548
202506 1.343 322.561 1.375
202509 1.351 324.800 1.374
202512 1.361 324.054 1.387
202603 1.393 330.213 1.393

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 ฿1.84 mean?
Bangkok Sheet Metal PCL (BKK:BM) has a Cyclically Adjusted Book per Share of ฿1.84 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 Sheet Metal PCL and its competitors.
Is Bangkok Sheet Metal PCL's Cyclically Adjusted Book per Share too high?
Bangkok Sheet Metal PCL's current Cyclically Adjusted Book per Share is ฿1.84. Overall, Bangkok Sheet Metal PCL has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bangkok Sheet Metal PCL's Cyclically Adjusted Book per Share compare to CRS and ATI?
Bangkok Sheet Metal PCL's Cyclically Adjusted Book per Share of ฿1.84 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 Bangkok Sheet Metal PCL and its competitors. Bangkok Sheet Metal PCL's current Cyclically Adjusted Book per Share is ฿1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Sheet Metal PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Sheet Metal PCL (BKK:BM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.79, compared to a current price of ฿1.17 — trading 58.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿1.84. Bangkok Sheet Metal PCL's overall GF Score™ is 58/100 with 11 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 Sheet Metal PCL (BKK:BM), the current Cyclically Adjusted Book per Share is ฿1.84 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 Sheet Metal PCL (BKK:BM) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Sheet Metal PCL stock appears to be undervalued. The current stock price of ฿1.17 is trading 58.1% below its estimated GF Value™ of ฿2.79. GuruFocus considers Bangkok Sheet Metal PCL to be Possible Value Trap.

Key valuation signals for BKK:BM:

  • Cyclically Adjusted Book per Share: ฿1.84
  • GF Value™: ฿2.79 vs. price of ฿1.17 (58.1% below fair value)
  • GF Score™: 58/100 with 11 warning signs

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


Bangkok Sheet Metal PCL Business Description

Address 149 Moo 6, Suksawad Road, Tambol Bangjak, Amphur Phrapradang, Samutprakarn, Bangjak, THA, 10130
Bangkok Sheet Metal PCL is a Thailand-based company engaged in manufacturing and distributing processed metal products. The company's main products are classified into the categories of Metal trunking and white conduits, Communication racks, cabinets and enclosures, Electrical switchboards and lighting fixtures, Fabrication, and metalworking, Mold and die-making machine tools and equipment, Sheet metal parts, press parts, machine parts, and assembly parts. Its products are mainly used in office buildings, condominiums, superstores, factories, and Bangkok mass transit stations. The company generates the majority of its revenue from the Domestic market.
58GF Score

Get the complete analysis for BKK:BM

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

฿1.17
Price
฿2.79
GF Value