Qualitech PCL (BKK:QLT-R) Cyclically Adjusted Book per Share: ฿4.35 (As of Jun. 2026)

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BKK:QLT-R Qualitech PCL BKK:QLT-R
65 GF Score
Price ฿2.02
GF Value ฿3.61
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Qualitech PCL Cyclically Adjusted Book per Share?

Qualitech PCL BKK:QLT-R 65 Cyclically Adjusted Book per Share is ฿4.35 as of Jun. 2026. GuruFocus rates BKK:QLT-R with a GF Score™ of 65/100 and a GF Value™ of ฿3.61 (Significantly Undervalued). The stock has 3 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.

Qualitech PCL's adjusted book value per share for the three months ended in Jun. 2026 was ฿2.750. 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 ฿4.35 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Qualitech PCL's average Cyclically Adjusted Book Growth Rate was -3.40% 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 2.10% 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 Qualitech PCL was 7.20% per year. The lowest was -1.60% per year. And the median was 5.60% per year.

As of today (2026-08-29), Qualitech PCL's current stock price is ฿2.02. Qualitech PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿4.35. Qualitech PCL's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Qualitech PCL was 1.90. The lowest was 0.28. And the median was 0.93.


Qualitech PCL  (BKK:QLT-R) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.02/4.35
=0.46

* 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 Qualitech PCL was 1.90. The lowest was 0.28. And the median was 0.93.


Be Aware

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


Qualitech PCL Cyclically Adjusted Book per Share Related Terms


Qualitech PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Qualitech 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.

Qualitech PCL Cyclically Adjusted Book per Share Chart

Qualitech 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 4.72 5.10 6.87 5.26 7.59

Qualitech PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.00 6.14 7.59 4.13 4.35

BKK:QLT-R vs CTAS, CPRT, GPN: Cyclically Adjusted Book per Share Comparison

For the Specialty Business Services subindustry, Qualitech 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.


Qualitech PCL Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Qualitech PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:QLT-R
65GF Score
Qualitech PCL BKK:QLT-R
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qualitech 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, Qualitech PCL's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.75/333.9520*333.9520
=2.750

Current CPI (Jun. 2026) = 333.9520.

Qualitech PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.564 241.428 6.313
201612 4.504 241.432 6.230
201703 4.611 243.801 6.316
201706 4.479 244.955 6.106
201709 4.543 246.819 6.147
201712 4.561 246.524 6.179
201803 4.590 249.554 6.142
201806 4.336 251.989 5.746
201809 4.351 252.439 5.756
201812 4.447 251.233 5.911
201903 4.477 254.202 5.882
201906 4.308 256.143 5.617
201909 4.444 256.759 5.780
201912 4.631 256.974 6.018
202003 4.414 258.115 5.711
202006 4.356 257.797 5.643
202009 4.303 260.280 5.521
202012 4.538 260.474 5.818
202103 4.521 264.877 5.700
202106 4.228 271.696 5.197
202109 4.307 274.310 5.243
202112 4.397 278.802 5.267
202203 4.425 287.504 5.140
202206 4.409 296.311 4.969
202209 4.540 296.808 5.108
202212 4.441 296.797 4.997
202303 4.407 301.836 4.876
202306 3.141 305.109 3.438
202309 3.071 307.789 3.332
202312 3.002 306.746 3.268
202403 2.988 312.332 3.195
202406 3.029 314.175 3.220
202409 2.937 315.301 3.111
202412 2.872 315.605 3.039
202503 2.852 319.799 2.978
202506 2.848 322.561 2.949
202509 2.840 324.800 2.920
202512 2.849 324.054 2.936
202603 2.856 330.213 2.888
202606 2.750 333.952 2.750

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 ฿4.35 mean?
Qualitech PCL (BKK:QLT-R) has a Cyclically Adjusted Book per Share of ฿4.35 as of Jun. 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 Qualitech PCL and its competitors.
Is Qualitech PCL's Cyclically Adjusted Book per Share too high?
Qualitech PCL's current Cyclically Adjusted Book per Share is ฿4.35. Overall, Qualitech PCL has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qualitech PCL's Cyclically Adjusted Book per Share compare to CTAS and CPRT?
Qualitech PCL's Cyclically Adjusted Book per Share of ฿4.35 can be compared against companies in the Business 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 Business Services company?
A good Cyclically Adjusted Book per Share depends on the Business 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 Qualitech PCL and its competitors. Qualitech PCL's current Cyclically Adjusted Book per Share is ฿4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitech PCL stock overvalued right now?
Based on GuruFocus' analysis, Qualitech PCL (BKK:QLT-R) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿3.61, compared to a current price of ฿2.02 — trading 44% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿4.35. Qualitech PCL's overall GF Score™ is 65/100 with 3 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 Qualitech PCL (BKK:QLT-R), the current Cyclically Adjusted Book per Share is ฿4.35 as of Jun. 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 Qualitech PCL (BKK:QLT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitech PCL stock appears to be undervalued. The current stock price of ฿2.02 is trading 44% below its estimated GF Value™ of ฿3.61. GuruFocus considers Qualitech PCL to be Significantly Undervalued.

Key valuation signals for BKK:QLT-R:

  • Cyclically Adjusted Book per Share: ฿4.35
  • GF Value™: ฿3.61 vs. price of ฿2.02 (44% below fair value)
  • GF Score™: 65/100 with 3 warning signs

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


Qualitech PCL Business Description

Other Exchanges QLT:Thailand
Address 21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150
Qualitech PCL is engaged in the business of providing technical services, testing, inspection, and certification for the operation safety of industry equipment, pressure vessels, industrial boilers, piping and steel structures, which is important for the production process, storage, transport of the products in power generating, petrochemical industry, and construction to comply with industrial standard and the government laws. The Group's operations in both domestic and overseas geographical segments. The majority of revenue is from Domestic segment.
65GF Score

Get the complete analysis for BKK:QLT-R

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

฿2.02
Price
฿3.61
GF Value