PM Thoresen Asia Holdings PCL (BKK:PMTA) Cyclically Adjusted Book per Share: ฿18.72 (As of Mar. 2026)

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BKK:PMTA PM Thoresen Asia Holdings PCL BKK:PMTA
66 GF Score
Price ฿9.60
GF Value ฿8.31
Valuation Modestly Overvalued
! 5 Warning Signs
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What is PM Thoresen Asia Holdings PCL Cyclically Adjusted Book per Share?

PM Thoresen Asia Holdings PCL BKK:PMTA 66 Cyclically Adjusted Book per Share is ฿18.72 as of Mar. 2026. GuruFocus rates BKK:PMTA with a GF Score™ of 66/100 and a GF Value™ of ฿8.31 (Modestly Overvalued). 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.

PM Thoresen Asia Holdings PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿16.306. 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 ฿18.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PM Thoresen Asia Holdings PCL's average Cyclically Adjusted Book Growth Rate was 0.80% 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 (2026-07-17), PM Thoresen Asia Holdings PCL's current stock price is ฿9.60. PM Thoresen Asia Holdings PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿18.72. PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of PM Thoresen Asia Holdings PCL was 0.58. The lowest was 0.41. And the median was 0.50.


PM Thoresen Asia Holdings PCL  (BKK:PMTA) 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.

PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.60/18.72
=0.51

* 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 PM Thoresen Asia Holdings PCL was 0.58. The lowest was 0.41. And the median was 0.50.


Be Aware

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


PM Thoresen Asia Holdings PCL Cyclically Adjusted Book per Share Related Terms


PM Thoresen Asia Holdings PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PM Thoresen Asia Holdings 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.

PM Thoresen Asia Holdings PCL Cyclically Adjusted Book per Share Chart

PM Thoresen Asia Holdings 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 18.37 18.50

PM Thoresen Asia Holdings 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 18.57 18.64 18.67 18.50 18.72

BKK:PMTA vs CTVA, CF, MOS: Cyclically Adjusted Book per Share Comparison

For the Agricultural Inputs subindustry, PM Thoresen Asia Holdings 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.


PM Thoresen Asia Holdings PCL Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio falls into.


BKK:PMTA
66GF Score
PM Thoresen Asia Holdings PCL BKK:PMTA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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PM Thoresen Asia Holdings 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, PM Thoresen Asia Holdings 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)
=16.306/330.2130*330.2130
=16.306

Current CPI (Mar. 2026) = 330.2130.

PM Thoresen Asia Holdings PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.901 241.018 20.416
201609 15.614 241.428 21.356
201612 16.686 241.432 22.822
201703 15.840 243.801 21.454
201706 15.374 244.955 20.725
201709 15.946 246.819 21.334
201712 15.482 246.524 20.738
201803 15.360 249.554 20.325
201806 15.313 251.989 20.067
201809 14.776 252.439 19.328
201812 14.927 251.233 19.620
201903 14.472 254.202 18.799
201906 13.558 256.143 17.479
201909 13.645 256.759 17.549
201912 14.024 256.974 18.021
202003 14.920 258.115 19.088
202006 14.059 257.797 18.008
202009 14.618 260.280 18.546
202012 14.391 260.474 18.244
202103 15.074 264.877 18.792
202106 14.988 271.696 18.216
202109 16.139 274.310 19.428
202112 16.519 278.802 19.565
202203 16.458 287.504 18.903
202206 16.640 296.311 18.544
202209 17.820 296.808 19.826
202212 16.752 296.797 18.638
202303 16.243 301.836 17.770
202306 16.530 305.109 17.890
202309 16.767 307.789 17.989
202312 16.385 306.746 17.639
202403 17.161 312.332 18.143
202406 17.042 314.175 17.912
202409 15.903 315.301 16.655
202412 16.688 315.605 17.460
202503 16.848 319.799 17.397
202506 15.578 322.561 15.948
202509 15.559 324.800 15.818
202512 15.659 324.054 15.957
202603 16.306 330.213 16.306

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 ฿18.72 mean?
PM Thoresen Asia Holdings PCL (BKK:PMTA) has a Cyclically Adjusted Book per Share of ฿18.72 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 PM Thoresen Asia Holdings PCL and its competitors.
Is PM Thoresen Asia Holdings PCL's Cyclically Adjusted Book per Share too high?
PM Thoresen Asia Holdings PCL's current Cyclically Adjusted Book per Share is ฿18.72. Overall, PM Thoresen Asia Holdings PCL has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PM Thoresen Asia Holdings PCL's Cyclically Adjusted Book per Share compare to CTVA and CF?
PM Thoresen Asia Holdings PCL's Cyclically Adjusted Book per Share of ฿18.72 can be compared against companies in the Agriculture 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 an Agriculture company?
A good Cyclically Adjusted Book per Share depends on the Agriculture 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 PM Thoresen Asia Holdings PCL and its competitors. PM Thoresen Asia Holdings PCL's current Cyclically Adjusted Book per Share is ฿18.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PM Thoresen Asia Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, PM Thoresen Asia Holdings PCL (BKK:PMTA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿8.31, compared to a current price of ฿9.60 — trading 15.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿18.72. PM Thoresen Asia Holdings PCL's overall GF Score™ is 66/100 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 PM Thoresen Asia Holdings PCL (BKK:PMTA), the current Cyclically Adjusted Book per Share is ฿18.72 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 PM Thoresen Asia Holdings PCL (BKK:PMTA) Overvalued in 2026?

Based on GuruFocus' analysis, PM Thoresen Asia Holdings PCL stock appears to be overvalued. The current stock price of ฿9.60 is trading 15.5% above its estimated GF Value™ of ฿8.31. GuruFocus considers PM Thoresen Asia Holdings PCL to be Modestly Overvalued.

Key valuation signals for BKK:PMTA:

  • Cyclically Adjusted Book per Share: ฿18.72
  • GF Value™: ฿8.31 vs. price of ฿9.60 (15.5% above fair value)
  • GF Score™: 66/100 with 5 warning signs

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


PM Thoresen Asia Holdings PCL Business Description

Address Soi Chidlom, Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Lumpinee, Pathumwan, Bangkok, THA, 10330
PM Thoresen Asia Holdings PCL along with its subsidiaries is engaged in the manufacturing of nitrogen-phosphorus-potassium (NPK) synthesized chemical and micro-element fertilizers, distribution of new seeds and agricultural materials, as well as manufacture, import, and export of plant protection chemicals and macronutrient products. It has two products segments: Manufacture of Fertilizer and crop care products and Factory area management services. The company earns majority of its revenue through the manufacture of fertilizer and crop care products. It has a business presence in Vietnam and other countries.
66GF Score

Get the complete analysis for BKK:PMTA

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

฿9.60
Price
฿8.31
GF Value