Kaset Thai International Sugar PCL (BKK:KTIS) Cyclically Adjusted Book per Share: ฿2.27 (As of Mar. 2026)

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BKK:KTIS Kaset Thai International Sugar Corp PCL BKK:KTIS
44 GF Score
Price ฿1.88
GF Value ฿2.64
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Kaset Thai International Sugar PCL Cyclically Adjusted Book per Share?

Kaset Thai International Sugar PCL BKK:KTIS +3.30% 44 Cyclically Adjusted Book per Share is ฿2.27 as of Mar. 2026. GuruFocus rates BKK:KTIS with a GF Score™ of 44/100 and a GF Value™ of ฿2.64 (Modestly Undervalued). The stock has 5 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.

Kaset Thai International Sugar PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿1.189. 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 ฿2.27 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kaset Thai International Sugar PCL's average Cyclically Adjusted Book Growth Rate was -4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.40% 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 Kaset Thai International Sugar PCL was 0.40% per year. The lowest was 0.40% per year. And the median was 0.40% per year.

As of today (2026-07-14), Kaset Thai International Sugar PCL's current stock price is ฿1.88. Kaset Thai International Sugar PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿2.27. Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kaset Thai International Sugar PCL was 2.10. The lowest was 0.80. And the median was 1.24.


Kaset Thai International Sugar PCL  (BKK:KTIS) 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.

Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.88/2.27
=0.83

* 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 Kaset Thai International Sugar PCL was 2.10. The lowest was 0.80. And the median was 1.24.


Be Aware

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


Kaset Thai International Sugar PCL Cyclically Adjusted Book per Share Related Terms


Kaset Thai International Sugar PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL Cyclically Adjusted Book per Share Chart

Kaset Thai International Sugar PCL Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 2.30 2.38 2.43 2.33

Kaset Thai International Sugar 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 2.38 2.36 2.33 2.28 2.27

BKK:KTIS vs MDLZ, HSY, TR: Cyclically Adjusted Book per Share Comparison

For the Confectioners subindustry, Kaset Thai International Sugar 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.


Kaset Thai International Sugar PCL Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio falls into.


BKK:KTIS
44GF Score
Kaset Thai International Sugar Corp PCL BKK:KTIS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaset Thai International Sugar 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, Kaset Thai International Sugar 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)
=1.189/330.2130*330.2130
=1.189

Current CPI (Mar. 2026) = 330.2130.

Kaset Thai International Sugar PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.195 241.018 3.007
201609 2.167 241.428 2.964
201612 2.026 241.432 2.771
201703 2.136 243.801 2.893
201706 2.184 244.955 2.944
201709 2.230 246.819 2.983
201712 2.102 246.524 2.816
201803 2.127 249.554 2.814
201806 1.922 251.989 2.519
201809 2.123 252.439 2.777
201812 2.075 251.233 2.727
201903 2.011 254.202 2.612
201906 1.986 256.143 2.560
201909 2.161 256.759 2.779
201912 1.985 256.974 2.551
202003 1.846 258.115 2.362
202006 2.016 257.797 2.582
202009 2.169 260.280 2.752
202012 2.071 260.474 2.625
202103 1.940 264.877 2.419
202106 1.830 271.696 2.224
202109 1.859 274.310 2.238
202112 1.766 278.802 2.092
202203 1.845 287.504 2.119
202206 1.841 296.311 2.052
202209 1.549 296.808 1.723
202212 1.519 296.797 1.690
202303 1.815 301.836 1.986
202306 1.940 305.109 2.100
202309 2.038 307.789 2.186
202312 1.834 306.746 1.974
202403 1.811 312.332 1.915
202406 1.845 314.175 1.939
202409 1.754 315.301 1.837
202412 1.491 315.605 1.560
202503 1.378 319.799 1.423
202506 1.476 322.561 1.511
202509 1.373 324.800 1.396
202512 1.214 324.054 1.237
202603 1.189 330.213 1.189

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 ฿2.27 mean?
Kaset Thai International Sugar PCL (BKK:KTIS) has a Cyclically Adjusted Book per Share of ฿2.27 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 Kaset Thai International Sugar PCL and its competitors.
Is Kaset Thai International Sugar PCL's Cyclically Adjusted Book per Share too high?
Kaset Thai International Sugar PCL's current Cyclically Adjusted Book per Share is ฿2.27. Overall, Kaset Thai International Sugar PCL has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kaset Thai International Sugar PCL's Cyclically Adjusted Book per Share compare to MDLZ and HSY?
Kaset Thai International Sugar PCL's Cyclically Adjusted Book per Share of ฿2.27 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Kaset Thai International Sugar PCL and its competitors. Kaset Thai International Sugar PCL's current Cyclically Adjusted Book per Share is ฿2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaset Thai International Sugar PCL stock overvalued right now?
Based on GuruFocus' analysis, Kaset Thai International Sugar PCL (BKK:KTIS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.64, compared to a current price of ฿1.88 — trading 28.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿2.27. Kaset Thai International Sugar PCL's overall GF Score™ is 44/100 with 5 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 Kaset Thai International Sugar PCL (BKK:KTIS), the current Cyclically Adjusted Book per Share is ฿2.27 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 Kaset Thai International Sugar PCL (BKK:KTIS) Overvalued in 2026?

Based on GuruFocus' analysis, Kaset Thai International Sugar PCL stock appears to be undervalued. The current stock price of ฿1.88 is trading 28.8% below its estimated GF Value™ of ฿2.64. GuruFocus considers Kaset Thai International Sugar PCL to be Modestly Undervalued.

Key valuation signals for BKK:KTIS:

  • Cyclically Adjusted Book per Share: ฿2.27
  • GF Value™: ฿2.64 vs. price of ฿1.88 (28.8% below fair value)
  • GF Score™: 44/100 with 5 warning signs

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


Kaset Thai International Sugar PCL Business Description

Address 1/1 Moo 14, Nong Pho Sub-District, Taklee District, Nakhon Sawan, THA, 60140
Kaset Thai International Sugar Corp PCL is principally engaged in the manufacturing and distribution of sugar, which is sold both domestically and overseas. The company's product portfolio includes sugar and bio-products. The bio-products are by-products of sugar production and include paper pulp from bagasse, ethanol from molasses, and electrical energy from biomass. It also provides agricultural machinery services for farmers. The company's reportable segments are; the production and distribution of sugar; the production and distribution of pulp; the production and distribution of alcohol; and the production and distribution of electricity. It derives a majority of its revenue from the production and distribution of the sugar segment.
44GF Score

Get the complete analysis for BKK:KTIS

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

฿1.88
Price
฿2.64
GF Value