Guangzhou Automobile Group Co (BKK:GAC03) Cyclically Adjusted Book per Share: ฿3.33 (As of Mar. 2026)

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BKK:GAC03 Guangzhou Automobile Group Co Ltd BKK:GAC03
52 GF Score
Price ฿1.86
GF Value ฿2.86
Valuation Possible Value Trap
! 6 Warning Signs
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What is Guangzhou Automobile Group Co Cyclically Adjusted Book per Share?

Guangzhou Automobile Group Co BKK:GAC03 +1.64% 52 Cyclically Adjusted Book per Share is ฿3.33 as of Mar. 2026. GuruFocus rates BKK:GAC03 with a GF Score™ of 52/100 and a GF Value™ of ฿2.86 (Possible Value Trap). 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.

Guangzhou Automobile Group Co's adjusted book value per share for the three months ended in Mar. 2026 was ฿47.854. 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 ฿3.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Guangzhou Automobile Group Co's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 Guangzhou Automobile Group Co was 13.30% per year. The lowest was 8.80% per year. And the median was 9.90% per year.

As of today (2026-07-21), Guangzhou Automobile Group Co's current stock price is ฿1.86. Guangzhou Automobile Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿3.33. Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Guangzhou Automobile Group Co was 5.19. The lowest was 0.54. And the median was 1.90.


Guangzhou Automobile Group Co  (BKK:GAC03) 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.

Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.86/3.33
=0.56

* 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 Guangzhou Automobile Group Co was 5.19. The lowest was 0.54. And the median was 1.90.


Be Aware

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


Guangzhou Automobile Group Co Cyclically Adjusted Book per Share Related Terms


Guangzhou Automobile Group Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Guangzhou Automobile Group Co'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.

Guangzhou Automobile Group Co Cyclically Adjusted Book per Share Chart

Guangzhou Automobile Group Co 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 0.00 0.00 0.00 0.00 0.00

Guangzhou Automobile Group Co 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 0.00 0.00 0.00 0.00 3.33

BKK:GAC03 vs TSLA, GM, F: Cyclically Adjusted Book per Share Comparison

For the Auto Manufacturers subindustry, Guangzhou Automobile Group Co'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.


Guangzhou Automobile Group Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Guangzhou Automobile Group Co's Cyclically Adjusted PB Ratio falls into.


BKK:GAC03
52GF Score
Guangzhou Automobile Group Co Ltd BKK:GAC03
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guangzhou Automobile Group Co 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, Guangzhou Automobile Group Co'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)
=47.854/121.4731*121.4731
=47.854

Current CPI (Mar. 2026) = 121.4731.

Guangzhou Automobile Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.856 101.686 29.693
201609 24.825 102.565 29.402
201612 25.067 103.225 29.498
201703 26.771 103.335 31.470
201706 27.210 103.664 31.884
201709 28.664 103.994 33.482
201712 33.577 104.984 38.851
201803 35.534 105.973 40.731
201806 36.107 106.193 41.303
201809 35.144 106.852 39.953
201812 35.546 107.622 40.121
201903 36.729 108.172 41.245
201906 34.629 109.601 38.380
201909 33.363 110.260 36.756
201912 33.699 110.700 36.979
202003 35.747 110.920 39.148
202006 34.655 110.590 38.065
202009 37.375 107.512 42.228
202012 37.477 109.711 41.495
202103 39.672 111.579 43.190
202106 41.445 111.360 45.209
202109 43.423 109.051 48.369
202112 45.859 112.349 49.583
202203 48.694 113.558 52.088
202206 49.205 113.448 52.686
202209 50.672 113.778 54.099
202212 53.855 114.548 57.111
202303 54.797 115.427 57.667
202306 53.205 115.647 55.885
202309 54.156 116.087 56.669
202312 54.044 117.296 55.969
202403 55.708 117.735 57.477
202406 56.096 117.296 58.094
202409 51.616 118.615 52.860
202412 51.856 118.945 52.958
202503 51.805 119.384 52.711
202506 49.521 119.055 50.527
202509 48.598 119.934 49.222
202512 46.264 120.704 46.559
202603 47.854 121.473 47.854

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 ฿3.33 mean?
Guangzhou Automobile Group Co (BKK:GAC03) has a Cyclically Adjusted Book per Share of ฿3.33 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 Guangzhou Automobile Group Co and its competitors.
Is Guangzhou Automobile Group Co's Cyclically Adjusted Book per Share too high?
Guangzhou Automobile Group Co's current Cyclically Adjusted Book per Share is ฿3.33. Overall, Guangzhou Automobile Group Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Automobile Group Co's Cyclically Adjusted Book per Share compare to TSLA and GM?
Guangzhou Automobile Group Co's Cyclically Adjusted Book per Share of ฿3.33 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Guangzhou Automobile Group Co and its competitors. Guangzhou Automobile Group Co's current Cyclically Adjusted Book per Share is ฿3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Automobile Group Co stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Automobile Group Co (BKK:GAC03) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.86, compared to a current price of ฿1.86 — trading 35% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿3.33. Guangzhou Automobile Group Co's overall GF Score™ is 52/100 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 Guangzhou Automobile Group Co (BKK:GAC03), the current Cyclically Adjusted Book per Share is ฿3.33 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 Guangzhou Automobile Group Co (BKK:GAC03) Overvalued in 2026?

Based on GuruFocus' analysis, Guangzhou Automobile Group Co stock appears to be undervalued. The current stock price of ฿1.86 is trading 35% below its estimated GF Value™ of ฿2.86. GuruFocus considers Guangzhou Automobile Group Co to be Possible Value Trap.

Key valuation signals for BKK:GAC03:

  • Cyclically Adjusted Book per Share: ฿3.33
  • GF Value™: ฿2.86 vs. price of ฿1.86 (35% below fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the BKK:GAC03 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangzhou Automobile Group Co Business Description

Address 18 Whitfield Road, Room 808, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Guangzhou Automobile Group Co Ltd is a state-controlled producer of passenger vehicles, motorcycles, and auto parts. The company's activities are broadly classified into two segments; The vehicles and related operations segment include the production and sale of a variety of passenger vehicles, commercial vehicles, automotive parts, and related operations, and the Others segment includes mainly the production and sale of motorcycles, automobile finance, and insurance, other financing services, and investing businesses. The Company's operations are spread across Mainland China and Hong Kong. Its vehicles segment generates a majority of the revenues for the company. Geographically, it derives a majority of its revenue from Mainland China.
52GF Score

Get the complete analysis for BKK:GAC03

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

฿1.86
Price
฿2.86
GF Value