Dcon Products PCL (BKK:DCON) Cyclically Adjusted Book per Share: ฿0.55 (As of Mar. 2026)

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BKK:DCON Dcon Products PCL BKK:DCON
34 GF Score
Price ฿0.18
GF Value ฿0.23
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Dcon Products PCL Cyclically Adjusted Book per Share?

Dcon Products PCL BKK:DCON 34 Cyclically Adjusted Book per Share is ฿0.55 as of Mar. 2026. GuruFocus rates BKK:DCON with a GF Score™ of 34/100 and a GF Value™ of ฿0.23 (Modestly Undervalued). The stock has 10 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.

Dcon Products PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿0.496. 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 ฿0.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dcon Products PCL's average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Dcon Products PCL was 8.40% per year. The lowest was 4.60% per year. And the median was 6.90% per year.

As of today (2026-07-14), Dcon Products PCL's current stock price is ฿0.18. Dcon Products PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.55. Dcon Products PCL's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dcon Products PCL was 1.77. The lowest was 0.34. And the median was 0.88.


Dcon Products PCL  (BKK:DCON) 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.

Dcon Products PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.18/0.55
=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 Dcon Products PCL was 1.77. The lowest was 0.34. And the median was 0.88.


Be Aware

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


Dcon Products PCL Cyclically Adjusted Book per Share Related Terms


Dcon Products PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Dcon Products 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.

Dcon Products PCL Cyclically Adjusted Book per Share Chart

Dcon Products 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 0.44 0.48 0.51 0.53 0.55

Dcon Products 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 0.53 0.54 0.55 0.55 0.55

BKK:DCON vs CRH, VMC, MLM: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, Dcon Products 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.


Dcon Products PCL Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dcon Products PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dcon Products PCL's Cyclically Adjusted PB Ratio falls into.


BKK:DCON
34GF Score
Dcon Products PCL BKK:DCON
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dcon Products 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, Dcon Products 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)
=0.496/330.2130*330.2130
=0.496

Current CPI (Mar. 2026) = 330.2130.

Dcon Products PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.424 241.018 0.581
201609 0.432 241.428 0.591
201612 0.435 241.432 0.595
201703 0.506 243.801 0.685
201706 0.455 244.955 0.613
201709 0.462 246.819 0.618
201712 0.465 246.524 0.623
201803 0.457 249.554 0.605
201806 0.421 251.989 0.552
201809 0.431 252.439 0.564
201812 0.439 251.233 0.577
201903 0.443 254.202 0.575
201906 0.432 256.143 0.557
201909 0.439 256.759 0.565
201912 0.444 256.974 0.571
202003 0.448 258.115 0.573
202006 0.436 257.797 0.558
202009 0.440 260.280 0.558
202012 0.448 260.474 0.568
202103 0.453 264.877 0.565
202106 0.449 271.696 0.546
202109 0.453 274.310 0.545
202112 0.461 278.802 0.546
202203 0.467 287.504 0.536
202206 0.462 296.311 0.515
202209 0.467 296.808 0.520
202212 0.475 296.797 0.528
202303 0.485 301.836 0.531
202306 0.485 305.109 0.525
202309 0.494 307.789 0.530
202312 0.505 306.746 0.544
202403 0.512 312.332 0.541
202406 0.492 314.175 0.517
202409 0.493 315.301 0.516
202412 0.496 315.605 0.519
202503 0.496 319.799 0.512
202506 0.493 322.561 0.505
202509 0.493 324.800 0.501
202512 0.496 324.054 0.505
202603 0.496 330.213 0.496

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 ฿0.55 mean?
Dcon Products PCL (BKK:DCON) has a Cyclically Adjusted Book per Share of ฿0.55 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 Dcon Products PCL and its competitors.
Is Dcon Products PCL's Cyclically Adjusted Book per Share too high?
Dcon Products PCL's current Cyclically Adjusted Book per Share is ฿0.55. Overall, Dcon Products PCL has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dcon Products PCL's Cyclically Adjusted Book per Share compare to CRH and VMC?
Dcon Products PCL's Cyclically Adjusted Book per Share of ฿0.55 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials 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 Dcon Products PCL and its competitors. Dcon Products PCL's current Cyclically Adjusted Book per Share is ฿0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dcon Products PCL stock overvalued right now?
Based on GuruFocus' analysis, Dcon Products PCL (BKK:DCON) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.23, compared to a current price of ฿0.18 — trading 21.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿0.55. Dcon Products PCL's overall GF Score™ is 34/100 with 10 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 Dcon Products PCL (BKK:DCON), the current Cyclically Adjusted Book per Share is ฿0.55 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 Dcon Products PCL (BKK:DCON) Overvalued in 2026?

Based on GuruFocus' analysis, Dcon Products PCL stock appears to be undervalued. The current stock price of ฿0.18 is trading 21.7% below its estimated GF Value™ of ฿0.23. GuruFocus considers Dcon Products PCL to be Modestly Undervalued.

Key valuation signals for BKK:DCON:

  • Cyclically Adjusted Book per Share: ฿0.55
  • GF Value™: ฿0.23 vs. price of ฿0.18 (21.7% below fair value)
  • GF Score™: 34/100 with 10 warning signs

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


Dcon Products PCL Business Description

Address Phaholyothin Road, 3300/57 Chang Tower B Building, 8th Floor, Ladyao, Bangkok, THA, 10900
Dcon Products PCL is engaged in the business of manufacturing and selling construction supplies (precast floor, concrete post, and others), sales of land, and the lease of real estate in Thailand. The Majority of its revenue is derived from sales of construction materials. The group mainly operates in Thailand. The Company is manufacturing a flat pre-stressed concrete plank under an international quality management system.
34GF Score

Get the complete analysis for BKK:DCON

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

฿0.18
Price
฿0.23
GF Value