Wattana Karnpaet PCL (BKK:NEW) Cyclically Adjusted Book per Share: ฿47.36 (As of Mar. 2026)


BKK:NEW Wattana Karnpaet PCL BKK:NEW
87 GF Score
Price ฿80.50
GF Value ฿97.11
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Wattana Karnpaet PCL Cyclically Adjusted Book per Share?

Wattana Karnpaet PCL BKK:NEW 87 Cyclically Adjusted Book per Share is ฿47.36 as of Mar. 2026. GuruFocus rates BKK:NEW with a GF Score™ of 87/100 and a GF Value™ of ฿97.11 (Modestly Undervalued). The stock has 1 warning sign 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.

Wattana Karnpaet PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿53.067. 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 ฿47.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Wattana Karnpaet PCL's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 Wattana Karnpaet PCL was 7.10% per year. The lowest was 1.70% per year. And the median was 5.00% per year.

As of today (2026-07-05), Wattana Karnpaet PCL's current stock price is ฿80.50. Wattana Karnpaet PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿47.36. Wattana Karnpaet PCL's Cyclically Adjusted PB Ratio of today is 1.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wattana Karnpaet PCL was 4.02. The lowest was 1.19. And the median was 1.72.


Wattana Karnpaet PCL  (BKK:NEW) 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.

Wattana Karnpaet PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=80.50/47.36
=1.70

* 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 Wattana Karnpaet PCL was 4.02. The lowest was 1.19. And the median was 1.72.


Be Aware

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


Wattana Karnpaet PCL Cyclically Adjusted Book per Share Related Terms


Wattana Karnpaet PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Wattana Karnpaet 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.

Wattana Karnpaet PCL Cyclically Adjusted Book per Share Chart

Wattana Karnpaet 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 36.95 40.00 42.14 44.19 46.27

Wattana Karnpaet 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 45.00 45.61 46.16 46.27 47.36

BKK:NEW vs HCA, THC, DVA: Cyclically Adjusted Book per Share Comparison

For the Medical Care Facilities subindustry, Wattana Karnpaet 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.


Wattana Karnpaet PCL Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wattana Karnpaet PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:NEW
87GF Score
Wattana Karnpaet PCL BKK:NEW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Wattana Karnpaet 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, Wattana Karnpaet 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)
=53.067/330.2130*330.2130
=53.067

Current CPI (Mar. 2026) = 330.2130.

Wattana Karnpaet PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 31.536 241.018 43.207
201609 31.938 241.428 43.683
201612 32.477 241.432 44.420
201703 32.065 243.801 43.430
201706 31.589 244.955 42.584
201709 32.566 246.819 43.569
201712 33.777 246.524 45.243
201803 34.317 249.554 45.409
201806 34.227 251.989 44.852
201809 34.794 252.439 45.514
201812 34.923 251.233 45.902
201903 35.586 254.202 46.227
201906 34.545 256.143 44.535
201909 35.291 256.759 45.387
201912 35.687 256.974 45.858
202003 36.095 258.115 46.177
202006 35.161 257.797 45.038
202009 35.186 260.280 44.640
202012 36.001 260.474 45.640
202103 36.153 264.877 45.071
202106 36.113 271.696 43.891
202109 36.114 274.310 43.474
202112 36.867 278.802 43.665
202203 39.798 287.504 45.710
202206 41.550 296.311 46.304
202209 44.921 296.808 49.977
202212 46.625 296.797 51.874
202303 47.849 301.836 52.348
202306 44.997 305.109 48.699
202309 47.109 307.789 50.541
202312 48.245 306.746 51.936
202403 49.202 312.332 52.019
202406 47.742 314.175 50.179
202409 49.398 315.301 51.734
202412 50.312 315.605 52.641
202503 50.861 319.799 52.517
202506 50.105 322.561 51.294
202509 51.984 324.800 52.850
202512 52.350 324.054 53.345
202603 53.067 330.213 53.067

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 ฿47.36 mean?
Wattana Karnpaet PCL (BKK:NEW) has a Cyclically Adjusted Book per Share of ฿47.36 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 Wattana Karnpaet PCL and its competitors.
Is Wattana Karnpaet PCL's Cyclically Adjusted Book per Share too high?
Wattana Karnpaet PCL's current Cyclically Adjusted Book per Share is ฿47.36. Overall, Wattana Karnpaet PCL has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wattana Karnpaet PCL's Cyclically Adjusted Book per Share compare to HCA and THC?
Wattana Karnpaet PCL's Cyclically Adjusted Book per Share of ฿47.36 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Cyclically Adjusted Book per Share depends on the Healthcare Providers & Services 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 Wattana Karnpaet PCL and its competitors. Wattana Karnpaet PCL's current Cyclically Adjusted Book per Share is ฿47.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wattana Karnpaet PCL stock overvalued right now?
Based on GuruFocus' analysis, Wattana Karnpaet PCL (BKK:NEW) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿97.11, compared to a current price of ฿80.50 — trading 17.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿47.36. Wattana Karnpaet PCL's overall GF Score™ is 87/100 with 1 warning sign 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 Wattana Karnpaet PCL (BKK:NEW), the current Cyclically Adjusted Book per Share is ฿47.36 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 Wattana Karnpaet PCL (BKK:NEW) Overvalued in 2026?

Based on GuruFocus' analysis, Wattana Karnpaet PCL stock appears to be undervalued. The current stock price of ฿80.50 is trading 17.1% below its estimated GF Value™ of ฿97.11. GuruFocus considers Wattana Karnpaet PCL to be Modestly Undervalued.

Key valuation signals for BKK:NEW:

  • Cyclically Adjusted Book per Share: ฿47.36
  • GF Value™: ฿97.11 vs. price of ฿80.50 (17.1% below fair value)
  • GF Score™: 87/100 with 1 warning sign

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


Wattana Karnpaet PCL Business Description

Address 70/7-8 Suphakitjanya Road, Mhakkang sub-district, Muang Udonthanee district, Udonthanee, THA, 41000
Wattana Karnpaet PCL is engaged in the operation of a hospital under the name North Eastern Wattana Hospital. It has a single segment of operation, namely the hospital and medical trading business. The company earns revenue from hospital, revenue from sales of medicines, and revenue from hospital rooms, which are derived from the provision of services to various types and a large number of customers. Geographically, the company's operations are carried out in Thailand.
87GF Score

Get the complete analysis for BKK:NEW

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

฿80.50
Price
฿97.11
GF Value