Global Power Synergy PCL (BKK:GPSC) Cyclically Adjusted Book per Share: ฿37.73 (As of Mar. 2026)


BKK:GPSC Global Power Synergy PCL BKK:GPSC
69 GF Score
Price ฿49.25
GF Value ฿34.91
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Global Power Synergy PCL Cyclically Adjusted Book per Share?

Global Power Synergy PCL BKK:GPSC +2.07% 69 Cyclically Adjusted Book per Share is ฿37.73 as of Mar. 2026. GuruFocus rates BKK:GPSC with a GF Score™ of 69/100 and a GF Value™ of ฿34.91 (Significantly Overvalued). 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.

Global Power Synergy PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿37.656. 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 ฿37.73 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Global Power Synergy PCL's average Cyclically Adjusted Book Growth Rate was 5.70% 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.

As of today (2026-07-12), Global Power Synergy PCL's current stock price is ฿49.25. Global Power Synergy PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿37.73. Global Power Synergy PCL's Cyclically Adjusted PB Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Global Power Synergy PCL was 1.68. The lowest was 0.69. And the median was 1.13.


Global Power Synergy PCL  (BKK:GPSC) 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.

Global Power Synergy PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.25/37.73
=1.31

* 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 Global Power Synergy PCL was 1.68. The lowest was 0.69. And the median was 1.13.


Be Aware

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


Global Power Synergy PCL Cyclically Adjusted Book per Share Related Terms


Global Power Synergy PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Global Power Synergy 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.

Global Power Synergy PCL Cyclically Adjusted Book per Share Chart

Global Power Synergy 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 0.00 0.00 33.05 34.79 36.85

Global Power Synergy 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 35.70 36.25 36.74 36.85 37.73

BKK:GPSC vs NEE, SO, DUK: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Electric subindustry, Global Power Synergy 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.


Global Power Synergy PCL Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Global Power Synergy PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:GPSC
69GF Score
Global Power Synergy PCL BKK:GPSC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Power Synergy 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, Global Power Synergy 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)
=37.656/330.2130*330.2130
=37.656

Current CPI (Mar. 2026) = 330.2130.

Global Power Synergy PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.843 241.018 29.927
201609 21.870 241.428 29.913
201612 22.089 241.432 30.212
201703 22.528 243.801 30.513
201706 22.382 244.955 30.172
201709 22.500 246.819 30.102
201712 22.919 246.524 30.699
201803 23.467 249.554 31.052
201806 23.396 251.989 30.659
201809 23.508 252.439 30.751
201812 23.779 251.233 31.254
201903 24.327 254.202 31.601
201906 16.561 256.143 21.350
201909 18.686 256.759 24.032
201912 35.781 256.974 45.979
202003 34.680 258.115 44.367
202006 35.420 257.797 45.370
202009 35.878 260.280 45.518
202012 36.493 260.474 46.264
202103 37.253 264.877 46.442
202106 37.089 271.696 45.077
202109 37.398 274.310 45.020
202112 38.420 278.802 45.505
202203 38.561 287.504 44.289
202206 37.863 296.311 42.195
202209 38.049 296.808 42.331
202212 37.142 296.797 41.324
202303 37.141 301.836 40.633
202306 37.622 305.109 40.717
202309 38.215 307.789 40.999
202312 37.661 306.746 40.542
202403 38.671 312.332 40.885
202406 38.791 314.175 40.771
202409 37.441 315.301 39.212
202412 38.145 315.605 39.911
202503 38.431 319.799 39.682
202506 38.648 322.561 39.565
202509 38.494 324.800 39.136
202512 37.027 324.054 37.731
202603 37.656 330.213 37.656

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 ฿37.73 mean?
Global Power Synergy PCL (BKK:GPSC) has a Cyclically Adjusted Book per Share of ฿37.73 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 Global Power Synergy PCL and its competitors.
Is Global Power Synergy PCL's Cyclically Adjusted Book per Share too high?
Global Power Synergy PCL's current Cyclically Adjusted Book per Share is ฿37.73. Overall, Global Power Synergy PCL has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Power Synergy PCL's Cyclically Adjusted Book per Share compare to NEE and SO?
Global Power Synergy PCL's Cyclically Adjusted Book per Share of ฿37.73 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated 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 Global Power Synergy PCL and its competitors. Global Power Synergy PCL's current Cyclically Adjusted Book per Share is ฿37.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Power Synergy PCL stock overvalued right now?
Based on GuruFocus' analysis, Global Power Synergy PCL (BKK:GPSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿34.91, compared to a current price of ฿49.25 — trading 41.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿37.73. Global Power Synergy PCL's overall GF Score™ is 69/100 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 Global Power Synergy PCL (BKK:GPSC), the current Cyclically Adjusted Book per Share is ฿37.73 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 Global Power Synergy PCL (BKK:GPSC) Overvalued in 2026?

Based on GuruFocus' analysis, Global Power Synergy PCL stock appears to be overvalued. The current stock price of ฿49.25 is trading 41.1% above its estimated GF Value™ of ฿34.91. GuruFocus considers Global Power Synergy PCL to be Significantly Overvalued.

Key valuation signals for BKK:GPSC:

  • Cyclically Adjusted Book per Share: ฿37.73
  • GF Value™: ฿34.91 vs. price of ฿49.25 (41.1% above fair value)
  • GF Score™: 69/100 with 10 warning signs

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


Global Power Synergy PCL Business Description

Other Exchanges GPSC-F:Thailand
Address Vibhavadi-Rangsit Road, No.555/2, Energy Complex, Building B, 5th Floor, Chatuchak, Bangkok, THA, 10900
Global Power Synergy PCL is a utility company with ownership stakes in the Southeast Asian energy production industry. The company's principal businesses are the production and distribution of electricity, steam, and water for industrial use to government and industrial customers. It controls a portfolio of power plants, including solar and cogeneration facilities, through its subsidiary, associate, and joint venture companies. The company segments its operations into Independent Power Producer (IPP), Small Power Producer (SPP), and Others, and it earns maximum revenue from the Small Power Producer (SPP) segment.
69GF Score

Get the complete analysis for BKK:GPSC

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

฿49.25
Price
฿34.91
GF Value