Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI-R) Cyclically Adjusted Book per Share: ฿146.31 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:CHOTI-R Kiang Huat Sea Gull Trading Frozen Food PCL BKK:CHOTI-R
43 GF Score
Price ฿60.50
GF Value ฿55.55
! 8 Warning Signs
View Full Analysis

What is Kiang Huat Sea Gull Trading Frozen Food PCL Cyclically Adjusted Book per Share?

Kiang Huat Sea Gull Trading Frozen Food PCL BKK:CHOTI-R 43 Cyclically Adjusted Book per Share is ฿146.31 as of Mar. 2026. GuruFocus rates BKK:CHOTI-R with a GF Score™ of 43/100 and a GF Value™ of ฿55.55. 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.

Kiang Huat Sea Gull Trading Frozen Food PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿53.984. 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 ฿146.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kiang Huat Sea Gull Trading Frozen Food PCL's average Cyclically Adjusted Book Growth Rate was -5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.70% 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 Kiang Huat Sea Gull Trading Frozen Food PCL was -0.40% per year. The lowest was -3.10% per year. And the median was -1.40% per year.

As of today (2026-07-28), Kiang Huat Sea Gull Trading Frozen Food PCL's current stock price is ฿60.50. Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿146.31. Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted PB Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kiang Huat Sea Gull Trading Frozen Food PCL was 1.08. The lowest was 0.27. And the median was 0.54.


Kiang Huat Sea Gull Trading Frozen Food PCL  (BKK:CHOTI-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.

Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=60.50/146.31
=0.41

* 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 Kiang Huat Sea Gull Trading Frozen Food PCL was 1.08. The lowest was 0.27. And the median was 0.54.


Be Aware

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


Kiang Huat Sea Gull Trading Frozen Food PCL Cyclically Adjusted Book per Share Related Terms


Kiang Huat Sea Gull Trading Frozen Food PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kiang Huat Sea Gull Trading Frozen Food 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.

Kiang Huat Sea Gull Trading Frozen Food PCL Cyclically Adjusted Book per Share Chart

Kiang Huat Sea Gull Trading Frozen Food 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 167.90 151.53 224.03 389.67 166.31

Kiang Huat Sea Gull Trading Frozen Food 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 395.35 394.38 161.92 166.31 146.31

BKK:CHOTI-R vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Kiang Huat Sea Gull Trading Frozen Food 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.


Kiang Huat Sea Gull Trading Frozen Food PCL Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted PB Ratio falls into.


BKK:CHOTI-R
43GF Score
Kiang Huat Sea Gull Trading Frozen Food PCL BKK:CHOTI-R
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kiang Huat Sea Gull Trading Frozen Food 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, Kiang Huat Sea Gull Trading Frozen Food 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)
=53.984/330.2130*330.2130
=53.984

Current CPI (Mar. 2026) = 330.2130.

Kiang Huat Sea Gull Trading Frozen Food PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 166.176 241.018 227.674
201609 169.573 241.428 231.933
201612 175.167 241.432 239.581
201703 175.010 243.801 237.040
201706 159.456 244.955 214.956
201709 156.201 246.819 208.977
201712 160.978 246.524 215.626
201803 152.517 249.554 201.812
201806 154.012 251.989 201.821
201809 157.942 252.439 206.602
201812 151.156 251.233 198.675
201903 145.527 254.202 189.042
201906 138.036 256.143 177.952
201909 129.846 256.759 166.993
201912 127.388 256.974 163.694
202003 127.340 258.115 162.909
202006 122.077 257.797 156.369
202009 117.218 260.280 148.713
202012 108.052 260.474 136.982
202103 101.065 264.877 125.994
202106 103.656 271.696 125.981
202109 111.411 274.310 134.116
202112 115.149 278.802 136.382
202203 114.897 287.504 131.965
202206 117.736 296.311 131.207
202209 129.269 296.808 143.818
202212 125.855 296.797 140.025
202303 120.527 301.836 131.858
202306 131.422 305.109 142.235
202309 131.866 307.789 141.473
202312 129.691 306.746 139.613
202403 127.465 312.332 134.762
202406 128.406 314.175 134.961
202409 118.620 315.301 124.230
202412 112.735 315.605 117.953
202503 112.274 319.799 115.930
202506 107.110 322.561 109.651
202509 101.661 324.800 103.355
202512 55.650 324.054 56.708
202603 53.984 330.213 53.984

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 ฿146.31 mean?
Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI-R) has a Cyclically Adjusted Book per Share of ฿146.31 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 Kiang Huat Sea Gull Trading Frozen Food PCL and its competitors.
Is Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted Book per Share too high?
Kiang Huat Sea Gull Trading Frozen Food PCL's current Cyclically Adjusted Book per Share is ฿146.31. Overall, Kiang Huat Sea Gull Trading Frozen Food PCL has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted Book per Share compare to KHC and GIS?
Kiang Huat Sea Gull Trading Frozen Food PCL's Cyclically Adjusted Book per Share of ฿146.31 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Kiang Huat Sea Gull Trading Frozen Food PCL and its competitors. Kiang Huat Sea Gull Trading Frozen Food PCL's current Cyclically Adjusted Book per Share is ฿146.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiang Huat Sea Gull Trading Frozen Food PCL stock overvalued right now?
Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI-R) has a current Cyclically Adjusted Book per Share of ฿146.31. The stock's GF Value™ is ฿55.55, compared to a current price of ฿60.50 — trading 8.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿146.31. Kiang Huat Sea Gull Trading Frozen Food PCL's overall GF Score™ is 43/100 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 Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI-R), the current Cyclically Adjusted Book per Share is ฿146.31 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 Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Kiang Huat Sea Gull Trading Frozen Food PCL stock appears to be overvalued. The current stock price of ฿60.50 is trading 8.9% above its estimated GF Value™ of ฿55.55.

Key valuation signals for BKK:CHOTI-R:

  • Cyclically Adjusted Book per Share: ฿146.31
  • GF Value™: ฿55.55 vs. price of ฿60.50 (8.9% above fair value)
  • GF Score™: 43/100 with 8 warning signs

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


Kiang Huat Sea Gull Trading Frozen Food PCL Business Description

Other Exchanges CHOTI:Thailand
Address 4/2 Moo 3, Asia Highway No. 43, Tambol Namom, Amphur Namom, Songkhla, THA, 90310
Kiang Huat Sea Gull Trading Frozen Food PCL is engaged in the frozen seafood manufacturing business. The production processes include beheading, peeling, sizing, weighing, arranging, cooking, value-added processing, and freezing and packing. It produces a wide variety of block, vacuum-packed items such as Raw and cooked head-on, Headless and peeled shrimps, Extended shrimps (nobashi), Cooked tail-on butterfly shrimps (sushi), Breaded shrimps (panko), Easily peeled shrimps, Slipper lobster tail, and Meat. The company operates in Europe, Thailand, Australia, and Asia, with the maximum of revenue from Asia.
43GF Score

Get the complete analysis for BKK:CHOTI-R

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

฿60.50
Price
฿55.55
GF Value