Project Planning Service PCL (BKK:PPS) Cyclically Adjusted Book per Share: ฿0.44 (As of Mar. 2026)


BKK:PPS Project Planning Service PCL BKK:PPS
41 GF Score
Price ฿0.18
GF Value ฿0.25
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Project Planning Service PCL Cyclically Adjusted Book per Share?

Project Planning Service PCL BKK:PPS -5.26% 41 Cyclically Adjusted Book per Share is ฿0.44 as of Mar. 2026. GuruFocus rates BKK:PPS with a GF Score™ of 41/100 and a GF Value™ of ฿0.25 (Modestly Undervalued). The stock has 2 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.

Project Planning Service PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿0.344. 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 ฿0.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Project Planning Service PCL's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -71.10% 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 Project Planning Service PCL was 1.60% per year. The lowest was -85.10% per year. And the median was -81.10% per year.

As of today (2026-07-07), Project Planning Service PCL's current stock price is ฿0.18. Project Planning Service PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.44. Project Planning Service PCL's Cyclically Adjusted PB Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Project Planning Service PCL was 1.98. The lowest was 0.01. And the median was 0.70.


Project Planning Service PCL  (BKK:PPS) 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.

Project Planning Service PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.18/0.44
=0.41

* 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 Project Planning Service PCL was 1.98. The lowest was 0.01. And the median was 0.70.


Be Aware

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


Project Planning Service PCL Cyclically Adjusted Book per Share Related Terms


Project Planning Service PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Project Planning Service 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.

Project Planning Service PCL Cyclically Adjusted Book per Share Chart

Project Planning Service 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 63.20 0.41 0.42 0.43 0.43

Project Planning Service 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 0.43 0.43 0.43 0.43 0.44

BKK:PPS vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Project Planning Service 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.


Project Planning Service PCL Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Project Planning Service PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Project Planning Service PCL's Cyclically Adjusted PB Ratio falls into.


BKK:PPS
41GF Score
Project Planning Service PCL BKK:PPS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Project Planning Service 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, Project Planning Service 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)
=0.344/330.2130*330.2130
=0.344

Current CPI (Mar. 2026) = 330.2130.

Project Planning Service PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.315 241.018 0.432
201609 0.331 241.428 0.453
201612 0.354 241.432 0.484
201703 0.377 243.801 0.511
201706 0.477 244.955 0.643
201709 0.419 246.819 0.561
201712 0.448 246.524 0.600
201803 0.429 249.554 0.568
201806 0.403 251.989 0.528
201809 0.395 252.439 0.517
201812 0.373 251.233 0.490
201903 0.000 254.202 0.000
201906 0.373 256.143 0.481
201909 0.378 256.759 0.486
201912 0.364 256.974 0.468
202003 0.344 258.115 0.440
202006 0.335 257.797 0.429
202009 0.330 260.280 0.419
202012 0.327 260.474 0.415
202103 0.325 264.877 0.405
202106 0.331 271.696 0.402
202109 0.350 274.310 0.421
202112 0.357 278.802 0.423
202203 0.357 287.504 0.410
202206 0.368 296.311 0.410
202209 0.383 296.808 0.426
202212 0.388 296.797 0.432
202303 0.385 301.836 0.421
202306 0.365 305.109 0.395
202309 0.364 307.789 0.391
202312 0.364 306.746 0.392
202403 0.360 312.332 0.381
202406 0.347 314.175 0.365
202409 0.347 315.301 0.363
202412 0.345 315.605 0.361
202503 0.343 319.799 0.354
202506 0.332 322.561 0.340
202509 0.328 324.800 0.333
202512 0.341 324.054 0.347
202603 0.344 330.213 0.344

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 ฿0.44 mean?
Project Planning Service PCL (BKK:PPS) has a Cyclically Adjusted Book per Share of ฿0.44 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 Project Planning Service PCL and its competitors.
Is Project Planning Service PCL's Cyclically Adjusted Book per Share too high?
Project Planning Service PCL's current Cyclically Adjusted Book per Share is ฿0.44. Overall, Project Planning Service PCL has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Project Planning Service PCL's Cyclically Adjusted Book per Share compare to PWR and FIX?
Project Planning Service PCL's Cyclically Adjusted Book per Share of ฿0.44 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Project Planning Service PCL and its competitors. Project Planning Service PCL's current Cyclically Adjusted Book per Share is ฿0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Project Planning Service PCL stock overvalued right now?
Based on GuruFocus' analysis, Project Planning Service PCL (BKK:PPS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.25, compared to a current price of ฿0.18 — trading 28% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿0.44. Project Planning Service PCL's overall GF Score™ is 41/100 with 2 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 Project Planning Service PCL (BKK:PPS), the current Cyclically Adjusted Book per Share is ฿0.44 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 Project Planning Service PCL (BKK:PPS) Overvalued in 2026?

Based on GuruFocus' analysis, Project Planning Service PCL stock appears to be undervalued. The current stock price of ฿0.18 is trading 28% below its estimated GF Value™ of ฿0.25. GuruFocus considers Project Planning Service PCL to be Modestly Undervalued.

Key valuation signals for BKK:PPS:

  • Cyclically Adjusted Book per Share: ฿0.44
  • GF Value™: ฿0.25 vs. price of ฿0.18 (28% below fair value)
  • GF Score™: 41/100 with 2 warning signs

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


Project Planning Service PCL Business Description

Address Rama IX Road, 381/6 Soi Rama IX 58 (Soi 7, Seree 7), Suanluang, Bangkok, THA, 10250
Project Planning Service PCL is engaged in the business of engineering consultation services, construction project consultation and management, and utility system construction projects. It offers services such as design management, engineering design, project feasibility study, construction management, architectural design, project planning, and engineering procurement and construction services, among others. The group also engaged in operations involving virtually in the business of engineering advisory and project design. The group operates in Thailand and overseas, of which the majority of revenue is in Thailand.
41GF Score

Get the complete analysis for BKK:PPS

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

฿0.18
Price
฿0.25
GF Value