Nation Group (Thailand) PCL (BKK:NATION) Cyclically Adjusted Book per Share: ฿0.08 (As of Mar. 2026)

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What is Nation Group (Thailand) PCL Cyclically Adjusted Book per Share?

Nation Group (Thailand) PCL BKK:NATION Cyclically Adjusted Book per Share is ฿0.08 as of Mar. 2026. The stock has 7 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.

Nation Group (Thailand) PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿0.004. 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 ฿0.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nation Group (Thailand) PCL's average Cyclically Adjusted Book Growth Rate was -50.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -29.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Nation Group (Thailand) PCL was -3.30% per year. The lowest was -29.10% per year. And the median was -6.75% per year.

As of today (2026-07-27), Nation Group (Thailand) PCL's current stock price is ฿0.04. Nation Group (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.08. Nation Group (Thailand) PCL's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nation Group (Thailand) PCL was 0.74. The lowest was 0.10. And the median was 0.31.


Nation Group (Thailand) PCL  (BKK:NATION) 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.

Nation Group (Thailand) PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.04/0.08
=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 Nation Group (Thailand) PCL was 0.74. The lowest was 0.10. And the median was 0.31.


Be Aware

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


Nation Group (Thailand) PCL Cyclically Adjusted Book per Share Related Terms


Nation Group (Thailand) PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nation Group (Thailand) 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.

Nation Group (Thailand) PCL Cyclically Adjusted Book per Share Chart

Nation Group (Thailand) 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 0.28 0.23 0.17 0.10

Nation Group (Thailand) 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 0.16 0.14 0.11 0.10 0.08

BKK:NATION vs NYT, WLY: Cyclically Adjusted Book per Share Comparison

For the Publishing subindustry, Nation Group (Thailand) 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.


Nation Group (Thailand) PCL Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nation Group (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nation Group (Thailand) PCL's Cyclically Adjusted PB Ratio falls into.



Nation Group (Thailand) 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, Nation Group (Thailand) 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)
=0.004/330.2130*330.2130
=0.004

Current CPI (Mar. 2026) = 330.2130.

Nation Group (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.445 241.018 0.610
201609 0.408 241.428 0.558
201612 0.258 241.432 0.353
201703 0.314 243.801 0.425
201706 0.281 244.955 0.379
201709 0.072 246.819 0.096
201712 0.001 246.524 0.001
201803 -0.015 249.554 -0.020
201806 -0.032 251.989 -0.042
201809 -0.044 252.439 -0.058
201812 0.031 251.233 0.041
201903 0.017 254.202 0.022
201906 0.039 256.143 0.050
201909 0.049 256.759 0.063
201912 0.031 256.974 0.040
202003 0.021 258.115 0.027
202006 0.017 257.797 0.022
202009 0.014 260.280 0.018
202012 0.014 260.474 0.018
202103 0.005 264.877 0.006
202106 0.001 271.696 0.001
202109 -0.003 274.310 -0.004
202112 0.000 278.802 0.000
202203 -0.009 287.504 -0.010
202206 0.069 296.311 0.077
202209 0.057 296.808 0.063
202212 0.055 296.797 0.061
202303 0.092 301.836 0.101
202306 0.087 305.109 0.094
202309 0.081 307.789 0.087
202312 0.071 306.746 0.076
202403 0.062 312.332 0.066
202406 0.029 314.175 0.030
202409 0.026 315.301 0.027
202412 0.003 315.605 0.003
202503 -0.004 319.799 -0.004
202506 -0.008 322.561 -0.008
202509 -0.010 324.800 -0.010
202512 0.006 324.054 0.006
202603 0.004 330.213 0.004

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 ฿0.08 mean?
Nation Group (Thailand) PCL (BKK:NATION) has a Cyclically Adjusted Book per Share of ฿0.08 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 Nation Group (Thailand) PCL and its competitors.
Is Nation Group (Thailand) PCL's Cyclically Adjusted Book per Share too high?
Nation Group (Thailand) PCL's current Cyclically Adjusted Book per Share is ฿0.08.
How does Nation Group (Thailand) PCL's Cyclically Adjusted Book per Share compare to NYT and WLY?
Nation Group (Thailand) PCL's Cyclically Adjusted Book per Share of ฿0.08 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified 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 Nation Group (Thailand) PCL and its competitors. Nation Group (Thailand) PCL's current Cyclically Adjusted Book per Share is ฿0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nation Group (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Nation Group (Thailand) PCL (BKK:NATION) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.03, compared to a current price of ฿0.04 — trading 33.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿0.08. 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 Nation Group (Thailand) PCL (BKK:NATION), the current Cyclically Adjusted Book per Share is ฿0.08 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.

Nation Group (Thailand) PCL Business Description

Address Debaratna Road, 1854, 9th, 10th and 11th Floors, Bangna-Tai, Bangna, Bangkok, THA, 10260
Nation Group (Thailand) PCL is a Thailand-based company. The company is engaged in the publishing and distribution of newspapers and providing advertising and news services and others. Its operating segment includes Publishing and advertising and related online and event; Broadcasting and related online and event; Online media and related event; and Others, which represents sale of food and beverages. The company generates maximum revenue from Publishing and advertising and related online and event segment. The company has five business groups: Publishing Group; Television Business Group; Event Marketing; New Media Platforms; and Business to Consumer (B2C) Group. The group principally operates in Thailand.