Charoong Thai Wire & Cable PCL (BKK:CTW) Cyclically Adjusted Book per Share: ฿12.36 (As of Mar. 2026)


BKK:CTW Charoong Thai Wire & Cable PCL BKK:CTW
49 GF Score
Price ฿6.60
GF Value ฿3.95
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Charoong Thai Wire & Cable PCL Cyclically Adjusted Book per Share?

Charoong Thai Wire & Cable PCL BKK:CTW +8.20% 49 Cyclically Adjusted Book per Share is ฿12.36 as of Mar. 2026. GuruFocus rates BKK:CTW with a GF Score™ of 49/100 and a GF Value™ of ฿3.95 (Significantly Overvalued). The stock has 6 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.

Charoong Thai Wire & Cable PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿10.197. 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 ฿12.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Charoong Thai Wire & Cable PCL's average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.30% 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 Charoong Thai Wire & Cable PCL was 3.10% per year. The lowest was -0.50% per year. And the median was 2.60% per year.

As of today (2026-07-09), Charoong Thai Wire & Cable PCL's current stock price is ฿6.60. Charoong Thai Wire & Cable PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿12.36. Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Charoong Thai Wire & Cable PCL was 0.86. The lowest was 0.20. And the median was 0.48.


Charoong Thai Wire & Cable PCL  (BKK:CTW) 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.

Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.60/12.36
=0.53

* 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 Charoong Thai Wire & Cable PCL was 0.86. The lowest was 0.20. And the median was 0.48.


Be Aware

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


Charoong Thai Wire & Cable PCL Cyclically Adjusted Book per Share Related Terms


Charoong Thai Wire & Cable PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Charoong Thai Wire & Cable 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.

Charoong Thai Wire & Cable PCL Cyclically Adjusted Book per Share Chart

Charoong Thai Wire & Cable 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 11.98 12.40 12.35 12.27 12.22

Charoong Thai Wire & Cable 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 12.32 12.33 12.33 12.22 12.36

BKK:CTW vs VRT, BE: Cyclically Adjusted Book per Share Comparison

For the Electrical Equipment & Parts subindustry, Charoong Thai Wire & Cable 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.


Charoong Thai Wire & Cable PCL Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio falls into.


BKK:CTW
49GF Score
Charoong Thai Wire & Cable PCL BKK:CTW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Charoong Thai Wire & Cable 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, Charoong Thai Wire & Cable 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)
=10.197/330.2130*330.2130
=10.197

Current CPI (Mar. 2026) = 330.2130.

Charoong Thai Wire & Cable PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.062 241.018 13.786
201609 10.170 241.428 13.910
201612 10.316 241.432 14.109
201703 10.423 243.801 14.117
201706 10.185 244.955 13.730
201709 10.584 246.819 14.160
201712 10.652 246.524 14.268
201803 10.822 249.554 14.320
201806 10.747 251.989 14.083
201809 10.895 252.439 14.252
201812 10.983 251.233 14.436
201903 11.075 254.202 14.387
201906 10.483 256.143 13.514
201909 10.574 256.759 13.599
201912 10.649 256.974 13.684
202003 10.721 258.115 13.716
202006 10.753 257.797 13.774
202009 11.074 260.280 14.049
202012 11.274 260.474 14.292
202103 11.213 264.877 13.979
202106 10.955 271.696 13.314
202109 10.884 274.310 13.102
202112 9.882 278.802 11.704
202203 9.594 287.504 11.019
202206 9.621 296.311 10.722
202209 9.761 296.808 10.860
202212 9.795 296.797 10.898
202303 9.741 301.836 10.657
202306 9.387 305.109 10.159
202309 9.445 307.789 10.133
202312 9.604 306.746 10.339
202403 9.721 312.332 10.278
202406 9.509 314.175 9.994
202409 9.684 315.301 10.142
202412 9.857 315.605 10.313
202503 9.704 319.799 10.020
202506 9.800 322.561 10.032
202509 10.070 324.800 10.238
202512 10.064 324.054 10.255
202603 10.197 330.213 10.197

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 ฿12.36 mean?
Charoong Thai Wire & Cable PCL (BKK:CTW) has a Cyclically Adjusted Book per Share of ฿12.36 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 Charoong Thai Wire & Cable PCL and its competitors.
Is Charoong Thai Wire & Cable PCL's Cyclically Adjusted Book per Share too high?
Charoong Thai Wire & Cable PCL's current Cyclically Adjusted Book per Share is ฿12.36. Overall, Charoong Thai Wire & Cable PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoong Thai Wire & Cable PCL's Cyclically Adjusted Book per Share compare to VRT and BE?
Charoong Thai Wire & Cable PCL's Cyclically Adjusted Book per Share of ฿12.36 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 Charoong Thai Wire & Cable PCL and its competitors. Charoong Thai Wire & Cable PCL's current Cyclically Adjusted Book per Share is ฿12.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoong Thai Wire & Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL (BKK:CTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.95, compared to a current price of ฿6.60 — trading 67.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿12.36. Charoong Thai Wire & Cable PCL's overall GF Score™ is 49/100 with 6 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 Charoong Thai Wire & Cable PCL (BKK:CTW), the current Cyclically Adjusted Book per Share is ฿12.36 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 Charoong Thai Wire & Cable PCL (BKK:CTW) Overvalued in 2026?

Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL stock appears to be overvalued. The current stock price of ฿6.60 is trading 67.1% above its estimated GF Value™ of ฿3.95. GuruFocus considers Charoong Thai Wire & Cable PCL to be Significantly Overvalued.

Key valuation signals for BKK:CTW:

  • Cyclically Adjusted Book per Share: ฿12.36
  • GF Value™: ฿3.95 vs. price of ฿6.60 (67.1% above fair value)
  • GF Score™: 49/100 with 6 warning signs

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


Charoong Thai Wire & Cable PCL Business Description

Address Debaratana Road, 589/71 Central City Tower, 12A Floor, North Bangna, Bangna, Bangkok, THA, 10260
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment, which consists of aluminum conductor power cable, copper conductor power cable, and high voltage power cable; the communication cable segment, enameled and non-enameled wire segment, which consists of enameled copper wire, enameled aluminum wire, and non-enameled copper wire; and the fiber optic cable segment. The company derives a majority of its revenue from the power cable segment. Geographically, the company operates in Thailand, Vietnam, Hong Kong Special Administrative Region of the People's Republic of China, the Republic of the Union of Myanmar, and Other regions.
49GF Score

Get the complete analysis for BKK:CTW

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

฿6.60
Price
฿3.95
GF Value