Eason PCL (BKK:EASON) Cyclically Adjusted Book per Share: ฿2.31 (As of Mar. 2026)


BKK:EASON Eason & Co PCL BKK:EASON
65 GF Score
Price ฿1.15
GF Value ฿1.19
Valuation Fairly Valued
! 3 Warning Signs
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What is Eason PCL Cyclically Adjusted Book per Share?

Eason PCL BKK:EASON 65 Cyclically Adjusted Book per Share is ฿2.31 as of Mar. 2026. GuruFocus rates BKK:EASON with a GF Score™ of 65/100 and a GF Value™ of ฿1.19 (Fairly Valued). The stock has 3 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.

Eason PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿1.737. 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 ฿2.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Eason PCL's average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% 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 Eason PCL was 5.90% per year. The lowest was 1.20% per year. And the median was 5.00% per year.

As of today (2026-07-12), Eason PCL's current stock price is ฿1.15. Eason PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿2.31. Eason PCL's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eason PCL was 2.06. The lowest was 0.42. And the median was 0.62.


Eason PCL  (BKK:EASON) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.15/2.31
=0.50

* 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 Eason PCL was 2.06. The lowest was 0.42. 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.


Eason PCL Cyclically Adjusted Book per Share Related Terms


Eason PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Eason 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.

Eason PCL Cyclically Adjusted Book per Share Chart

Eason 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 2.07 2.20 2.25 2.28 2.28

Eason 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 2.30 2.30 2.31 2.28 2.31

BKK:EASON vs LIN, SHW, ECL: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Eason 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.


Eason PCL Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


BKK:EASON
65GF Score
Eason & Co PCL BKK:EASON
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eason 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, Eason 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)
=1.737/330.2130*330.2130
=1.737

Current CPI (Mar. 2026) = 330.2130.

Eason PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.805 241.018 2.473
201609 1.859 241.428 2.543
201612 2.176 241.432 2.976
201703 2.208 243.801 2.991
201706 2.149 244.955 2.897
201709 2.197 246.819 2.939
201712 2.115 246.524 2.833
201803 2.139 249.554 2.830
201806 2.071 251.989 2.714
201809 2.079 252.439 2.720
201812 2.105 251.233 2.767
201903 2.132 254.202 2.770
201906 2.031 256.143 2.618
201909 2.040 256.759 2.624
201912 1.973 256.974 2.535
202003 2.001 258.115 2.560
202006 2.009 257.797 2.573
202009 2.034 260.280 2.581
202012 1.825 260.474 2.314
202103 1.854 264.877 2.311
202106 0.000 271.696 0.000
202109 1.777 274.310 2.139
202112 1.737 278.802 2.057
202203 1.771 287.504 2.034
202206 1.788 296.311 1.993
202209 1.767 296.808 1.966
202212 1.844 296.797 2.052
202303 1.835 301.836 2.008
202306 1.835 305.109 1.986
202309 1.910 307.789 2.049
202312 2.027 306.746 2.182
202403 1.970 312.332 2.083
202406 1.957 314.175 2.057
202409 1.603 315.301 1.679
202412 1.604 315.605 1.678
202503 1.634 319.799 1.687
202506 1.605 322.561 1.643
202509 1.663 324.800 1.691
202512 1.698 324.054 1.730
202603 1.737 330.213 1.737

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 ฿2.31 mean?
Eason PCL (BKK:EASON) has a Cyclically Adjusted Book per Share of ฿2.31 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 Eason PCL and its competitors.
Is Eason PCL's Cyclically Adjusted Book per Share too high?
Eason PCL's current Cyclically Adjusted Book per Share is ฿2.31. Overall, Eason PCL has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eason PCL's Cyclically Adjusted Book per Share compare to LIN and SHW?
Eason PCL's Cyclically Adjusted Book per Share of ฿2.31 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 Eason PCL and its competitors. Eason PCL's current Cyclically Adjusted Book per Share is ฿2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eason PCL stock overvalued right now?
Based on GuruFocus' analysis, Eason PCL (BKK:EASON) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.19, compared to a current price of ฿1.15 — trading 3.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿2.31. Eason PCL's overall GF Score™ is 65/100 with 3 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 Eason PCL (BKK:EASON), the current Cyclically Adjusted Book per Share is ฿2.31 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 Eason PCL (BKK:EASON) Overvalued in 2026?

Based on GuruFocus' analysis, Eason PCL stock appears to be undervalued. The current stock price of ฿1.15 is trading 3.4% below its estimated GF Value™ of ฿1.19. GuruFocus considers Eason PCL to be Fairly Valued.

Key valuation signals for BKK:EASON:

  • Cyclically Adjusted Book per Share: ฿2.31
  • GF Value™: ฿1.19 vs. price of ฿1.15 (3.4% below fair value)
  • GF Score™: 65/100 with 3 warning signs

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


Eason PCL Business Description

Address 7/1-2 Moo 1 Tombol Panthong, Amphur Panthong, Chonburi, THA, 20160
Eason & Co PCL manufactures and sells industrial paints. Its products include Off-set inks, Motorcycle paints, Packaging coatings, and others. It operates through three segments of Automotive Paints, Other Industrial Paints, and Others. The majority of the company's revenue is derived from Other industrial paints segments. The group principally operates in Thailand.
65GF Score

Get the complete analysis for BKK:EASON

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

฿1.15
Price
฿1.19
GF Value