JAS Asset PCL (BKK:J) Cyclically Adjusted Book per Share: ฿2.39 (As of Jun. 2026)

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BKK:J JAS Asset PCL BKK:J
57 GF Score
Price ฿0.93
GF Value ฿1.17
Valuation Modestly Undervalued
! 12 Warning Signs
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What is JAS Asset PCL Cyclically Adjusted Book per Share?

JAS Asset PCL BKK:J +1.09% 57 Cyclically Adjusted Book per Share is ฿2.39 as of Jun. 2026. GuruFocus rates BKK:J with a GF Score™ of 57/100 and a GF Value™ of ฿1.17 (Modestly Undervalued). The stock has 12 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.

JAS Asset PCL's adjusted book value per share for the three months ended in Jun. 2026 was ฿1.972. 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 ฿2.39 for the trailing ten years ended in Jun. 2026.

During the past 12 months, JAS Asset PCL's average Cyclically Adjusted Book Growth Rate was 2.10% 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 (2026-08-23), JAS Asset PCL's current stock price is ฿0.93. JAS Asset PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿2.39. JAS Asset PCL's Cyclically Adjusted PB Ratio of today is 0.39.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of JAS Asset PCL was 0.71. The lowest was 0.25. And the median was 0.34.


JAS Asset PCL  (BKK:J) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.93/2.39
=0.39

* 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 12 years, the highest Cyclically Adjusted PB Ratio of JAS Asset PCL was 0.71. The lowest was 0.25. And the median was 0.34.


Be Aware

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


JAS Asset PCL Cyclically Adjusted Book per Share Related Terms


JAS Asset PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for JAS Asset 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.

JAS Asset PCL Cyclically Adjusted Book per Share Chart

JAS Asset 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 0.00 2.28 2.34

JAS Asset PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.34 2.36 2.34 2.37 2.39

BKK:J vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, JAS Asset 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.


JAS Asset PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, JAS Asset PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:J
57GF Score
JAS Asset PCL BKK:J
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JAS Asset 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, JAS Asset PCL's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.972/333.9520*333.9520
=1.972

Current CPI (Jun. 2026) = 333.9520.

JAS Asset PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.807 241.428 2.500
201612 1.791 241.432 2.477
201703 1.781 243.801 2.440
201706 1.796 244.955 2.449
201709 1.834 246.819 2.481
201712 1.855 246.524 2.513
201803 1.856 249.554 2.484
201806 1.827 251.989 2.421
201809 1.782 252.439 2.357
201812 1.821 251.233 2.421
201903 1.822 254.202 2.394
201906 1.520 256.143 1.982
201909 1.500 256.759 1.951
201912 1.563 256.974 2.031
202003 1.584 258.115 2.049
202006 1.589 257.797 2.058
202009 1.621 260.280 2.080
202012 1.629 260.474 2.089
202103 1.984 264.877 2.501
202106 1.689 271.696 2.076
202109 1.696 274.310 2.065
202112 1.812 278.802 2.170
202203 1.826 287.504 2.121
202206 2.283 296.311 2.573
202209 2.300 296.808 2.588
202212 2.408 296.797 2.709
202303 2.428 301.836 2.686
202306 2.385 305.109 2.610
202309 2.500 307.789 2.713
202312 2.549 306.746 2.775
202403 2.480 312.332 2.652
202406 2.573 314.175 2.735
202409 2.585 315.301 2.738
202412 2.591 315.605 2.742
202503 2.569 319.799 2.683
202506 2.500 322.561 2.588
202509 2.422 324.800 2.490
202512 2.052 324.054 2.115
202603 2.010 330.213 2.033
202606 1.972 333.952 1.972

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 ฿2.39 mean?
JAS Asset PCL (BKK:J) has a Cyclically Adjusted Book per Share of ฿2.39 as of Jun. 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 JAS Asset PCL and its competitors.
Is JAS Asset PCL's Cyclically Adjusted Book per Share too high?
JAS Asset PCL's current Cyclically Adjusted Book per Share is ฿2.39. Overall, JAS Asset PCL has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JAS Asset PCL's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
JAS Asset PCL's Cyclically Adjusted Book per Share of ฿2.39 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 JAS Asset PCL and its competitors. JAS Asset PCL's current Cyclically Adjusted Book per Share is ฿2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JAS Asset PCL stock overvalued right now?
Based on GuruFocus' analysis, JAS Asset PCL (BKK:J) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.17, compared to a current price of ฿0.93 — trading 20.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿2.39. JAS Asset PCL's overall GF Score™ is 57/100 with 12 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 JAS Asset PCL (BKK:J), the current Cyclically Adjusted Book per Share is ฿2.39 as of Jun. 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 JAS Asset PCL (BKK:J) Overvalued in 2026?

Based on GuruFocus' analysis, JAS Asset PCL stock appears to be undervalued. The current stock price of ฿0.93 is trading 20.5% below its estimated GF Value™ of ฿1.17. GuruFocus considers JAS Asset PCL to be Modestly Undervalued.

Key valuation signals for BKK:J:

  • Cyclically Adjusted Book per Share: ฿2.39
  • GF Value™: ฿1.17 vs. price of ฿0.93 (20.5% below fair value)
  • GF Score™: 57/100 with 12 warning signs

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


JAS Asset PCL Business Description

Address Ladplakhao Road, No.87, The Jas Ramintra Building, 3rd Floor, Room A315, Anusawari Sub-district, Bang Khen District, Bangkok, THA, 10220
JAS Asset PCL is engaged in providing rental and related services and runs the business of organizing the rented space in shopping centers with an emphasis on the mobile phone and IT product zones. Geographically, the company provides its services only to the Thailand market. The business of the company operates in segments that are; Rental and related services business, Real estate business and others. The company generates maximum revenue from rental and related services business segment.
57GF Score

Get the complete analysis for BKK:J

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

฿0.93
Price
฿1.17
GF Value