Rockworth PCL (BKK:ROCK) Cyclically Adjusted Book per Share: ฿25.13 (As of Mar. 2026)


BKK:ROCK Rockworth PCL BKK:ROCK
64 GF Score
Price ฿10.60
GF Value ฿12.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Rockworth PCL Cyclically Adjusted Book per Share?

Rockworth PCL BKK:ROCK 64 Cyclically Adjusted Book per Share is ฿25.13 as of Mar. 2026. GuruFocus rates BKK:ROCK with a GF Score™ of 64/100 and a GF Value™ of ฿12.61 (Modestly Undervalued). The stock has 4 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.

Rockworth PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿24.254. 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 ฿25.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Rockworth PCL's average Cyclically Adjusted Book Growth Rate was 0.60% 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 Rockworth PCL was 5.00% per year. The lowest was 0.00% per year. And the median was 3.70% per year.

As of today (2026-07-08), Rockworth PCL's current stock price is ฿10.60. Rockworth PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿25.13. Rockworth PCL's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rockworth PCL was 0.99. The lowest was 0.31. And the median was 0.43.


Rockworth PCL  (BKK:ROCK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.60/25.13
=0.42

* 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 Rockworth PCL was 0.99. The lowest was 0.31. And the median was 0.43.


Be Aware

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


Rockworth PCL Cyclically Adjusted Book per Share Related Terms


Rockworth PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Rockworth 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.

Rockworth PCL Cyclically Adjusted Book per Share Chart

Rockworth 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 23.64 24.81 24.59 24.79 24.82

Rockworth 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 24.98 25.05 25.05 24.82 25.13

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

For the Furnishings, Fixtures & Appliances subindustry, Rockworth 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.


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

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

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


BKK:ROCK
64GF Score
Rockworth PCL BKK:ROCK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rockworth 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, Rockworth 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)
=24.254/330.2130*330.2130
=24.254

Current CPI (Mar. 2026) = 330.2130.

Rockworth PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.425 241.018 30.724
201609 22.625 241.428 30.945
201612 23.160 241.432 31.677
201703 22.367 243.801 30.295
201706 21.509 244.955 28.995
201709 21.304 246.819 28.502
201712 21.063 246.524 28.213
201803 20.766 249.554 27.478
201806 20.172 251.989 26.434
201809 20.523 252.439 26.846
201812 22.977 251.233 30.200
201903 23.349 254.202 30.331
201906 22.016 256.143 28.382
201909 21.969 256.759 28.254
201912 22.857 256.974 29.371
202003 22.689 258.115 29.027
202006 22.392 257.797 28.682
202009 21.657 260.280 27.476
202012 21.237 260.474 26.923
202103 19.889 264.877 24.795
202106 19.210 271.696 23.347
202109 18.177 274.310 21.881
202112 18.956 278.802 22.451
202203 18.690 287.504 21.466
202206 18.159 296.311 20.237
202209 18.335 296.808 20.399
202212 18.354 296.797 20.420
202303 18.370 301.836 20.097
202306 18.538 305.109 20.063
202309 18.486 307.789 19.833
202312 19.383 306.746 20.866
202403 19.494 312.332 20.610
202406 19.066 314.175 20.039
202409 19.540 315.301 20.464
202412 22.308 315.605 23.341
202503 21.925 319.799 22.639
202506 21.575 322.561 22.087
202509 22.001 324.800 22.368
202512 24.319 324.054 24.781
202603 24.254 330.213 24.254

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 ฿25.13 mean?
Rockworth PCL (BKK:ROCK) has a Cyclically Adjusted Book per Share of ฿25.13 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 Rockworth PCL and its competitors.
Is Rockworth PCL's Cyclically Adjusted Book per Share too high?
Rockworth PCL's current Cyclically Adjusted Book per Share is ฿25.13. Overall, Rockworth PCL has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rockworth PCL's Cyclically Adjusted Book per Share compare to SN and SGI?
Rockworth PCL's Cyclically Adjusted Book per Share of ฿25.13 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 Rockworth PCL and its competitors. Rockworth PCL's current Cyclically Adjusted Book per Share is ฿25.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rockworth PCL stock overvalued right now?
Based on GuruFocus' analysis, Rockworth PCL (BKK:ROCK) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿12.61, compared to a current price of ฿10.60 — trading 15.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿25.13. Rockworth PCL's overall GF Score™ is 64/100 with 4 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 Rockworth PCL (BKK:ROCK), the current Cyclically Adjusted Book per Share is ฿25.13 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 Rockworth PCL (BKK:ROCK) Overvalued in 2026?

Based on GuruFocus' analysis, Rockworth PCL stock appears to be undervalued. The current stock price of ฿10.60 is trading 15.9% below its estimated GF Value™ of ฿12.61. GuruFocus considers Rockworth PCL to be Modestly Undervalued.

Key valuation signals for BKK:ROCK:

  • Cyclically Adjusted Book per Share: ฿25.13
  • GF Value™: ฿12.61 vs. price of ฿10.60 (15.9% below fair value)
  • GF Score™: 64/100 with 4 warning signs

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


Rockworth PCL Business Description

Address 294-300 Asoke-Dindaeng Road, Huaykwang, Bangkok, THA, 10320
Rockworth PCL acts as a manufacturer, distributor, and marketer of quality office systems furniture. The company offers various products for Agile Working, Education, Smart Office Solutions, Architectural & Acoustic Solutions, Seating, Desk & Tables, Room Element & Space Division, Storage, and Accessories. It has one segment manufacturing and distribution of furniture. The company operates its business in Thailand and Asia. The majority of the its revenue comes from Thailand.
64GF Score

Get the complete analysis for BKK:ROCK

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

฿10.60
Price
฿12.61
GF Value