Ocean Glass PCL (BKK:OGC) Cyclically Adjusted Book per Share: ฿103.28 (As of Mar. 2026)


BKK:OGC Ocean Glass PCL BKK:OGC
59 GF Score
Price ฿9.70
GF Value ฿18.45
Valuation Possible Value Trap
! 8 Warning Signs
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What is Ocean Glass PCL Cyclically Adjusted Book per Share?

Ocean Glass PCL BKK:OGC 59 Cyclically Adjusted Book per Share is ฿103.28 as of Mar. 2026. GuruFocus rates BKK:OGC with a GF Score™ of 59/100 and a GF Value™ of ฿18.45 (Possible Value Trap). The stock has 8 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.

Ocean Glass PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿82.054. 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 ฿103.28 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ocean Glass PCL's average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.90% 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 Ocean Glass PCL was 5.40% per year. The lowest was 2.10% per year. And the median was 3.75% per year.

As of today (2026-07-04), Ocean Glass PCL's current stock price is ฿9.70. Ocean Glass PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿103.28. Ocean Glass PCL's Cyclically Adjusted PB Ratio of today is 0.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ocean Glass PCL was 0.71. The lowest was 0.08. And the median was 0.27.


Ocean Glass PCL  (BKK:OGC) 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.

Ocean Glass PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.70/103.28
=0.09

* 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 Ocean Glass PCL was 0.71. The lowest was 0.08. And the median was 0.27.


Be Aware

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


Ocean Glass PCL Cyclically Adjusted Book per Share Related Terms


Ocean Glass PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ocean Glass 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.

Ocean Glass PCL Cyclically Adjusted Book per Share Chart

Ocean Glass 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 90.02 95.12 98.67 100.97 102.00

Ocean Glass 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 101.96 102.52 102.82 102.00 103.28

BKK:OGC vs SN, SGI, MHK: Cyclically Adjusted Book per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ocean Glass 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.


Ocean Glass PCL Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ocean Glass PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:OGC
59GF Score
Ocean Glass PCL BKK:OGC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Glass 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, Ocean Glass 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)
=82.054/330.2130*330.2130
=82.054

Current CPI (Mar. 2026) = 330.2130.

Ocean Glass PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 74.675 241.018 102.310
201609 76.344 241.428 104.419
201612 79.446 241.432 108.660
201703 89.047 243.801 120.609
201706 87.130 244.955 117.456
201709 86.919 246.819 116.287
201712 88.268 246.524 118.233
201803 88.652 249.554 117.305
201806 86.721 251.989 113.641
201809 87.951 252.439 115.048
201812 87.812 251.233 115.417
201903 86.377 254.202 112.205
201906 84.704 256.143 109.198
201909 85.798 256.759 110.343
201912 87.798 256.974 112.821
202003 92.797 258.115 118.718
202006 89.609 257.797 114.780
202009 87.473 260.280 110.976
202012 85.966 260.474 108.982
202103 84.432 264.877 105.258
202106 84.184 271.696 102.315
202109 83.640 274.310 100.685
202112 86.210 278.802 102.107
202203 85.328 287.504 98.004
202206 84.133 296.311 93.759
202209 84.719 296.808 94.254
202212 87.811 296.797 97.698
202303 92.739 301.836 101.458
202306 90.735 305.109 98.201
202309 90.231 307.789 96.805
202312 92.213 306.746 99.268
202403 90.441 312.332 95.619
202406 87.748 314.175 92.227
202409 84.539 315.301 88.537
202412 86.655 315.605 90.666
202503 85.307 319.799 88.085
202506 83.937 322.561 85.928
202509 83.971 324.800 85.370
202512 83.920 324.054 85.515
202603 82.054 330.213 82.054

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 ฿103.28 mean?
Ocean Glass PCL (BKK:OGC) has a Cyclically Adjusted Book per Share of ฿103.28 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 Ocean Glass PCL and its competitors.
Is Ocean Glass PCL's Cyclically Adjusted Book per Share too high?
Ocean Glass PCL's current Cyclically Adjusted Book per Share is ฿103.28. Overall, Ocean Glass PCL has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Glass PCL's Cyclically Adjusted Book per Share compare to SN and SGI?
Ocean Glass PCL's Cyclically Adjusted Book per Share of ฿103.28 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Book per Share depends on the Furnishings, Fixtures & Appliances 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 Ocean Glass PCL and its competitors. Ocean Glass PCL's current Cyclically Adjusted Book per Share is ฿103.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Glass PCL stock overvalued right now?
Based on GuruFocus' analysis, Ocean Glass PCL (BKK:OGC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿18.45, compared to a current price of ฿9.70 — trading 47.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿103.28. Ocean Glass PCL's overall GF Score™ is 59/100 with 8 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 Ocean Glass PCL (BKK:OGC), the current Cyclically Adjusted Book per Share is ฿103.28 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 Ocean Glass PCL (BKK:OGC) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Glass PCL stock appears to be undervalued. The current stock price of ฿9.70 is trading 47.4% below its estimated GF Value™ of ฿18.45. GuruFocus considers Ocean Glass PCL to be Possible Value Trap.

Key valuation signals for BKK:OGC:

  • Cyclically Adjusted Book per Share: ฿103.28
  • GF Value™: ฿18.45 vs. price of ฿9.70 (47.4% below fair value)
  • GF Score™: 59/100 with 8 warning signs

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


Ocean Glass PCL Business Description

Address Sukhumvit 19 Road (Soi Wattana, 75/3 and 75/88-90 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110
Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.
59GF Score

Get the complete analysis for BKK:OGC

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

฿9.70
Price
฿18.45
GF Value