Rayong Wire Industries PCL (BKK:RWI) Cyclically Adjusted Book per Share: ฿1.68 (As of Mar. 2026)


BKK:RWI Rayong Wire Industries PCL BKK:RWI
33 GF Score
Price ฿0.16
GF Value ฿0.32
Valuation Possible Value Trap
! 3 Warning Signs
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What is Rayong Wire Industries PCL Cyclically Adjusted Book per Share?

Rayong Wire Industries PCL BKK:RWI 33 Cyclically Adjusted Book per Share is ฿1.68 as of Mar. 2026. GuruFocus rates BKK:RWI with a GF Score™ of 33/100 and a GF Value™ of ฿0.32 (Possible Value Trap). 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.

Rayong Wire Industries PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿0.925. 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 ฿1.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Rayong Wire Industries PCL's average Cyclically Adjusted Book Growth Rate was -3.40% 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 (2026-07-04), Rayong Wire Industries PCL's current stock price is ฿0.16. Rayong Wire Industries PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.68. Rayong Wire Industries PCL's Cyclically Adjusted PB Ratio of today is 0.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rayong Wire Industries PCL was 0.44. The lowest was 0.10. And the median was 0.23.


Rayong Wire Industries PCL  (BKK:RWI) 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.

Rayong Wire Industries PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.16/1.68
=0.10

* 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 Rayong Wire Industries PCL was 0.44. The lowest was 0.10. And the median was 0.23.


Be Aware

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


Rayong Wire Industries PCL Cyclically Adjusted Book per Share Related Terms


Rayong Wire Industries PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Rayong Wire Industries 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.

Rayong Wire Industries PCL Cyclically Adjusted Book per Share Chart

Rayong Wire Industries 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 1.78 1.75 1.68

Rayong Wire Industries 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 1.74 1.73 1.71 1.68 1.68

BKK:RWI vs NUE, STLD, RS: Cyclically Adjusted Book per Share Comparison

For the Steel subindustry, Rayong Wire Industries 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.


Rayong Wire Industries PCL Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Rayong Wire Industries PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:RWI
33GF Score
Rayong Wire Industries PCL BKK:RWI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rayong Wire Industries 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, Rayong Wire Industries 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)
=0.925/330.2130*330.2130
=0.925

Current CPI (Mar. 2026) = 330.2130.

Rayong Wire Industries PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.560 241.018 2.137
201609 1.567 241.428 2.143
201612 1.565 241.432 2.140
201703 1.624 243.801 2.200
201706 1.656 244.955 2.232
201709 1.673 246.819 2.238
201712 1.698 246.524 2.274
201803 1.683 249.554 2.227
201806 1.638 251.989 2.146
201809 1.630 252.439 2.132
201812 1.675 251.233 2.202
201903 1.695 254.202 2.202
201906 1.600 256.143 2.063
201909 1.441 256.759 1.853
201912 1.229 256.974 1.579
202003 1.133 258.115 1.449
202006 1.275 257.797 1.633
202009 1.269 260.280 1.610
202012 1.266 260.474 1.605
202103 1.474 264.877 1.838
202106 1.566 271.696 1.903
202109 1.561 274.310 1.879
202112 2.153 278.802 2.550
202203 1.555 287.504 1.786
202206 1.456 296.311 1.623
202209 1.349 296.808 1.501
202212 1.215 296.797 1.352
202303 1.238 301.836 1.354
202306 1.186 305.109 1.284
202309 1.139 307.789 1.222
202312 1.094 306.746 1.178
202403 1.055 312.332 1.115
202406 1.158 314.175 1.217
202409 1.161 315.301 1.216
202412 1.099 315.605 1.150
202503 1.054 319.799 1.088
202506 1.000 322.561 1.024
202509 1.018 324.800 1.035
202512 0.966 324.054 0.984
202603 0.925 330.213 0.925

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 ฿1.68 mean?
Rayong Wire Industries PCL (BKK:RWI) has a Cyclically Adjusted Book per Share of ฿1.68 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 Rayong Wire Industries PCL and its competitors.
Is Rayong Wire Industries PCL's Cyclically Adjusted Book per Share too high?
Rayong Wire Industries PCL's current Cyclically Adjusted Book per Share is ฿1.68. Overall, Rayong Wire Industries PCL has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rayong Wire Industries PCL's Cyclically Adjusted Book per Share compare to NUE and STLD?
Rayong Wire Industries PCL's Cyclically Adjusted Book per Share of ฿1.68 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Book per Share depends on the Steel 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 Rayong Wire Industries PCL and its competitors. Rayong Wire Industries PCL's current Cyclically Adjusted Book per Share is ฿1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rayong Wire Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, Rayong Wire Industries PCL (BKK:RWI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.32, compared to a current price of ฿0.16 — trading 50% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿1.68. Rayong Wire Industries PCL's overall GF Score™ is 33/100 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 Rayong Wire Industries PCL (BKK:RWI), the current Cyclically Adjusted Book per Share is ฿1.68 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 Rayong Wire Industries PCL (BKK:RWI) Overvalued in 2026?

Based on GuruFocus' analysis, Rayong Wire Industries PCL stock appears to be undervalued. The current stock price of ฿0.16 is trading 50% below its estimated GF Value™ of ฿0.32. GuruFocus considers Rayong Wire Industries PCL to be Possible Value Trap.

Key valuation signals for BKK:RWI:

  • Cyclically Adjusted Book per Share: ฿1.68
  • GF Value™: ฿0.32 vs. price of ฿0.16 (50% below fair value)
  • GF Score™: 33/100 with 3 warning signs

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


Rayong Wire Industries PCL Business Description

Address No. 5, I-5 Road, Maptapud Industrial Estate, Maptapud, Muang, Rayong, Rayong, THA, 21150
Rayong Wire Industries PCL is a manufacturer of steel wire and mesh. The company manufactures and distributes prestressed wire, prestressed concrete strand wire and welding wire. It operates in Thailand.
33GF Score

Get the complete analysis for BKK:RWI

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

฿0.16
Price
฿0.32
GF Value