Prima Marine PCL (BKK:PRM) Cyclically Adjusted Book per Share: ฿4.05 (As of Mar. 2026)


BKK:PRM Prima Marine PCL BKK:PRM
95 GF Score
Price ฿9.05
GF Value ฿7.85
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Prima Marine PCL Cyclically Adjusted Book per Share?

Prima Marine PCL BKK:PRM +0.56% 95 Cyclically Adjusted Book per Share is ฿4.05 as of Mar. 2026. GuruFocus rates BKK:PRM with a GF Score™ of 95/100 and a GF Value™ of ฿7.85 (Modestly Overvalued). 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.

Prima Marine PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿5.652. 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 ฿4.05 for the trailing ten years ended in Mar. 2026.

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 (2026-07-04), Prima Marine PCL's current stock price is ฿9.05. Prima Marine PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿4.05. Prima Marine PCL's Cyclically Adjusted PB Ratio of today is 2.23.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Prima Marine PCL was 2.21. The lowest was 1.80. And the median was 2.06.


Prima Marine PCL  (BKK:PRM) 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.

Prima Marine PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.05/4.05
=2.23

* 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 Prima Marine PCL was 2.21. The lowest was 1.80. And the median was 2.06.


Be Aware

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


Prima Marine PCL Cyclically Adjusted Book per Share Related Terms


Prima Marine PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Prima Marine 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.

Prima Marine PCL Cyclically Adjusted Book per Share Chart

Prima Marine 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 0.00 3.84

Prima Marine 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 0.00 0.00 0.00 3.84 4.05

BKK:PRM vs WMB, EPD, KMI: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Midstream subindustry, Prima Marine 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.


Prima Marine PCL Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Prima Marine PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:PRM
95GF Score
Prima Marine PCL BKK:PRM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prima Marine 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, Prima Marine 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)
=5.652/330.2130*330.2130
=5.652

Current CPI (Mar. 2026) = 330.2130.

Prima Marine PCL Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.492 236.525 0.687
201609 0.000 241.428 0.000
201612 1.261 241.432 1.725
201703 0.000 243.801 0.000
201706 1.267 244.955 1.708
201709 2.424 246.819 3.243
201712 2.449 246.524 3.280
201803 2.488 249.554 3.292
201806 2.496 251.989 3.271
201809 2.571 252.439 3.363
201812 2.636 251.233 3.465
201903 2.716 254.202 3.528
201906 2.672 256.143 3.445
201909 2.720 256.759 3.498
201912 2.766 256.974 3.554
202003 2.920 258.115 3.736
202006 2.921 257.797 3.742
202009 3.108 260.280 3.943
202012 3.143 260.474 3.985
202103 3.319 264.877 4.138
202106 3.316 271.696 4.030
202109 3.557 274.310 4.282
202112 3.513 278.802 4.161
202203 3.626 287.504 4.165
202206 3.583 296.311 3.993
202209 4.101 296.808 4.563
202212 4.165 296.797 4.634
202303 4.379 301.836 4.791
202306 4.370 305.109 4.730
202309 4.538 307.789 4.869
202312 4.648 306.746 5.004
202403 4.890 312.332 5.170
202406 4.837 314.175 5.084
202409 4.591 315.301 4.808
202412 4.862 315.605 5.087
202503 5.147 319.799 5.315
202506 5.175 322.561 5.298
202509 5.149 324.800 5.235
202512 5.310 324.054 5.411
202603 5.652 330.213 5.652

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 ฿4.05 mean?
Prima Marine PCL (BKK:PRM) has a Cyclically Adjusted Book per Share of ฿4.05 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 Prima Marine PCL and its competitors.
Is Prima Marine PCL's Cyclically Adjusted Book per Share too high?
Prima Marine PCL's current Cyclically Adjusted Book per Share is ฿4.05. Overall, Prima Marine PCL has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Prima Marine PCL's Cyclically Adjusted Book per Share compare to WMB and EPD?
Prima Marine PCL's Cyclically Adjusted Book per Share of ฿4.05 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas 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 Prima Marine PCL and its competitors. Prima Marine PCL's current Cyclically Adjusted Book per Share is ฿4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prima Marine PCL stock overvalued right now?
Based on GuruFocus' analysis, Prima Marine PCL (BKK:PRM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿7.85, compared to a current price of ฿9.05 — trading 15.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿4.05. Prima Marine PCL's overall GF Score™ is 95/100 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 Prima Marine PCL (BKK:PRM), the current Cyclically Adjusted Book per Share is ฿4.05 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 Prima Marine PCL (BKK:PRM) Overvalued in 2026?

Based on GuruFocus' analysis, Prima Marine PCL stock appears to be overvalued. The current stock price of ฿9.05 is trading 15.3% above its estimated GF Value™ of ฿7.85. GuruFocus considers Prima Marine PCL to be Modestly Overvalued.

Key valuation signals for BKK:PRM:

  • Cyclically Adjusted Book per Share: ฿4.05
  • GF Value™: ฿7.85 vs. price of ฿9.05 (15.3% above fair value)
  • GF Score™: 95/100 with 8 warning signs

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


Prima Marine PCL Business Description

Industry EnergyOil & Gas
Other Exchanges PRM-F:Thailand
Address 80 Soi Bangna-Trad 30, Debaratna Road, South Bangna Sub-district, Bangna District, Bangkok, THA, 10260
Prima Marine PCL is engaged in the marine transportation of petroleum and chemical products and in providing services that support offshore petroleum exploration and production, along with ship management. The company operates through four segments: marine transportation of petroleum and chemical products; storage of petroleum products; services supporting offshore exploration and production, including transportation of personnel and equipment and accommodation work barges; and ship management and related services such as ship agency, crew recruitment and transportation, operational support, business administration, procurement, marketing, financial consulting, and technical support. The company generates the majority of its revenue from Thailand.
95GF Score

Get the complete analysis for BKK:PRM

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

฿9.05
Price
฿7.85
GF Value