Dusit Thani PCL (BKK:DUSIT) Cyclically Adjusted Book per Share: ฿6.72 (As of Mar. 2026)

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BKK:DUSIT Dusit Thani PCL BKK:DUSIT
69 GF Score
Price ฿11.50
GF Value ฿14.78
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Dusit Thani PCL Cyclically Adjusted Book per Share?

Dusit Thani PCL BKK:DUSIT 69 Cyclically Adjusted Book per Share is ฿6.72 as of Mar. 2026. GuruFocus rates BKK:DUSIT with a GF Score™ of 69/100 and a GF Value™ of ฿14.78 (Modestly Undervalued). The stock has 7 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.

Dusit Thani PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿8.166. 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 ฿6.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dusit Thani PCL's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Dusit Thani PCL was 2.90% per year. The lowest was 2.00% per year. And the median was 2.70% per year.

As of today (2026-07-15), Dusit Thani PCL's current stock price is ฿11.50. Dusit Thani PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿6.72. Dusit Thani PCL's Cyclically Adjusted PB Ratio of today is 1.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dusit Thani PCL was 3.09. The lowest was 1.14. And the median was 1.75.


Dusit Thani PCL  (BKK:DUSIT) 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.

Dusit Thani PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.50/6.72
=1.71

* 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 Dusit Thani PCL was 3.09. The lowest was 1.14. And the median was 1.75.


Be Aware

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


Dusit Thani PCL Cyclically Adjusted Book per Share Related Terms


Dusit Thani PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Dusit Thani 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.

Dusit Thani PCL Cyclically Adjusted Book per Share Chart

Dusit Thani 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 5.90 6.10 6.09 6.34 6.58

Dusit Thani 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 6.45 6.53 6.59 6.58 6.72

BKK:DUSIT vs MAR, HLT, H: Cyclically Adjusted Book per Share Comparison

For the Lodging subindustry, Dusit Thani 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.


Dusit Thani PCL Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dusit Thani PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:DUSIT
69GF Score
Dusit Thani PCL BKK:DUSIT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Dusit Thani 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, Dusit Thani 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)
=8.166/330.2130*330.2130
=8.166

Current CPI (Mar. 2026) = 330.2130.

Dusit Thani PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.407 241.018 7.408
201609 5.317 241.428 7.272
201612 5.429 241.432 7.425
201703 5.559 243.801 7.529
201706 5.398 244.955 7.277
201709 5.354 246.819 7.163
201712 5.706 246.524 7.643
201803 6.005 249.554 7.946
201806 5.843 251.989 7.657
201809 5.832 252.439 7.629
201812 5.881 251.233 7.730
201903 5.847 254.202 7.595
201906 5.621 256.143 7.246
201909 5.757 256.759 7.404
201912 5.590 256.974 7.183
202003 5.269 258.115 6.741
202006 4.700 257.797 6.020
202009 4.317 260.280 5.477
202012 5.019 260.474 6.363
202103 5.131 264.877 6.397
202106 4.687 271.696 5.696
202109 4.304 274.310 5.181
202112 3.889 278.802 4.606
202203 3.744 287.504 4.300
202206 3.142 296.311 3.501
202209 4.778 296.808 5.316
202212 4.876 296.797 5.425
202303 4.815 301.836 5.268
202306 4.584 305.109 4.961
202309 4.213 307.789 4.520
202312 4.070 306.746 4.381
202403 4.121 312.332 4.357
202406 8.939 314.175 9.395
202409 8.211 315.301 8.599
202412 8.529 315.605 8.924
202503 8.506 319.799 8.783
202506 8.175 322.561 8.369
202509 7.659 324.800 7.787
202512 7.957 324.054 8.108
202603 8.166 330.213 8.166

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 ฿6.72 mean?
Dusit Thani PCL (BKK:DUSIT) has a Cyclically Adjusted Book per Share of ฿6.72 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 Dusit Thani PCL and its competitors.
Is Dusit Thani PCL's Cyclically Adjusted Book per Share too high?
Dusit Thani PCL's current Cyclically Adjusted Book per Share is ฿6.72. Overall, Dusit Thani PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dusit Thani PCL's Cyclically Adjusted Book per Share compare to MAR and HLT?
Dusit Thani PCL's Cyclically Adjusted Book per Share of ฿6.72 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Dusit Thani PCL and its competitors. Dusit Thani PCL's current Cyclically Adjusted Book per Share is ฿6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dusit Thani PCL stock overvalued right now?
Based on GuruFocus' analysis, Dusit Thani PCL (BKK:DUSIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿14.78, compared to a current price of ฿11.50 — trading 22.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿6.72. Dusit Thani PCL's overall GF Score™ is 69/100 with 7 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 Dusit Thani PCL (BKK:DUSIT), the current Cyclically Adjusted Book per Share is ฿6.72 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 Dusit Thani PCL (BKK:DUSIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dusit Thani PCL stock appears to be undervalued. The current stock price of ฿11.50 is trading 22.2% below its estimated GF Value™ of ฿14.78. GuruFocus considers Dusit Thani PCL to be Modestly Undervalued.

Key valuation signals for BKK:DUSIT:

  • Cyclically Adjusted Book per Share: ฿6.72
  • GF Value™: ฿14.78 vs. price of ฿11.50 (22.2% below fair value)
  • GF Score™: 69/100 with 7 warning signs

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


Dusit Thani PCL Business Description

Address Phayathai Roadvai, 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani PCL is engaged in the operation of hotel business, hotel management, education, food and real estate development. Its segments include Hotel and hotel management, Education, Foods, Real estate development, and Others. The majority of the revenue is derived from Hotel and hotel management segment. Geographically it operates in Thailand and Overseas.
69GF Score

Get the complete analysis for BKK:DUSIT

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

฿11.50
Price
฿14.78
GF Value