Thaitheparos PCL (BKK:SAUCE) Cyclically Adjusted Book per Share: ฿8.76 (As of Mar. 2026)


BKK:SAUCE Thaitheparos PCL BKK:SAUCE
91 GF Score
Price ฿41.25
GF Value ฿39.19
Valuation Fairly Valued
! 4 Warning Signs
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What is Thaitheparos PCL Cyclically Adjusted Book per Share?

Thaitheparos PCL BKK:SAUCE 91 Cyclically Adjusted Book per Share is ฿8.76 as of Mar. 2026. GuruFocus rates BKK:SAUCE with a GF Score™ of 91/100 and a GF Value™ of ฿39.19 (Fairly Valued). 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.

Thaitheparos PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿9.730. 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 ฿8.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Thaitheparos PCL's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% 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 Thaitheparos PCL was 4.80% per year. The lowest was 1.40% per year. And the median was 3.20% per year.

As of today (2026-07-12), Thaitheparos PCL's current stock price is ฿41.25. Thaitheparos PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿8.76. Thaitheparos PCL's Cyclically Adjusted PB Ratio of today is 4.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thaitheparos PCL was 5.23. The lowest was 3.02. And the median was 3.68.


Thaitheparos PCL  (BKK:SAUCE) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.25/8.76
=4.71

* 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 Thaitheparos PCL was 5.23. The lowest was 3.02. And the median was 3.68.


Be Aware

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


Thaitheparos PCL Cyclically Adjusted Book per Share Related Terms


Thaitheparos PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Thaitheparos 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.

Thaitheparos PCL Cyclically Adjusted Book per Share Chart

Thaitheparos 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 7.60 8.00 8.18 8.38 8.59

Thaitheparos 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 8.49 8.56 8.61 8.59 8.76

BKK:SAUCE vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Thaitheparos 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.


Thaitheparos PCL Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thaitheparos PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SAUCE
91GF Score
Thaitheparos PCL BKK:SAUCE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Thaitheparos 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, Thaitheparos 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)
=9.73/330.2130*330.2130
=9.730

Current CPI (Mar. 2026) = 330.2130.

Thaitheparos PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.023 241.018 8.252
201609 6.387 241.428 8.736
201612 6.648 241.432 9.093
201703 6.962 243.801 9.430
201706 6.014 244.955 8.107
201709 6.189 246.819 8.280
201712 6.458 246.524 8.650
201803 6.742 249.554 8.921
201806 6.051 251.989 7.929
201809 6.334 252.439 8.285
201812 6.676 251.233 8.775
201903 6.975 254.202 9.061
201906 6.297 256.143 8.118
201909 6.587 256.759 8.471
201912 6.923 256.974 8.896
202003 7.306 258.115 9.347
202006 6.511 257.797 8.340
202009 6.852 260.280 8.693
202012 7.318 260.474 9.277
202103 7.784 264.877 9.704
202106 6.913 271.696 8.402
202109 7.335 274.310 8.830
202112 7.787 278.802 9.223
202203 8.158 287.504 9.370
202206 6.940 296.311 7.734
202209 7.430 296.808 8.266
202212 7.943 296.797 8.837
202303 8.415 301.836 9.206
202306 7.295 305.109 7.895
202309 7.799 307.789 8.367
202312 8.400 306.746 9.043
202403 8.949 312.332 9.461
202406 7.729 314.175 8.124
202409 8.200 315.301 8.588
202412 8.746 315.605 9.151
202503 9.328 319.799 9.632
202506 8.009 322.561 8.199
202509 8.536 324.800 8.678
202512 9.147 324.054 9.321
202603 9.730 330.213 9.730

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 ฿8.76 mean?
Thaitheparos PCL (BKK:SAUCE) has a Cyclically Adjusted Book per Share of ฿8.76 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 Thaitheparos PCL and its competitors.
Is Thaitheparos PCL's Cyclically Adjusted Book per Share too high?
Thaitheparos PCL's current Cyclically Adjusted Book per Share is ฿8.76. Overall, Thaitheparos PCL has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thaitheparos PCL's Cyclically Adjusted Book per Share compare to KHC and GIS?
Thaitheparos PCL's Cyclically Adjusted Book per Share of ฿8.76 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Thaitheparos PCL and its competitors. Thaitheparos PCL's current Cyclically Adjusted Book per Share is ฿8.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaitheparos PCL stock overvalued right now?
Based on GuruFocus' analysis, Thaitheparos PCL (BKK:SAUCE) is currently considered Fairly Valued. The stock's GF Value™ is ฿39.19, compared to a current price of ฿41.25 — trading 5.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿8.76. Thaitheparos PCL's overall GF Score™ is 91/100 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 Thaitheparos PCL (BKK:SAUCE), the current Cyclically Adjusted Book per Share is ฿8.76 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 Thaitheparos PCL (BKK:SAUCE) Overvalued in 2026?

Based on GuruFocus' analysis, Thaitheparos PCL stock appears to be overvalued. The current stock price of ฿41.25 is trading 5.3% above its estimated GF Value™ of ฿39.19. GuruFocus considers Thaitheparos PCL to be Fairly Valued.

Key valuation signals for BKK:SAUCE:

  • Cyclically Adjusted Book per Share: ฿8.76
  • GF Value™: ฿39.19 vs. price of ฿41.25 (5.3% above fair value)
  • GF Score™: 91/100 with 4 warning signs

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


Thaitheparos PCL Business Description

Address 208 Moo 6, Taibarn Road, Tambol Taibarn, Amphur Muang, Samutparkan, Bangkok, THA, 10280
Thaitheparos PCL is a Thailand-based company engaged in the activities of manufacture and distribution of sauces and condiments. The company operates in the sauce segment and offers products like soy sauce, oyster sauce, tomato sauce, chili sauce, vinegar, and other related products. Geographically, the company has operations in Thailand, and internationally, of which the majority of the revenue is generated from Thailand.
91GF Score

Get the complete analysis for BKK:SAUCE

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

฿41.25
Price
฿39.19
GF Value