Srisawad PCL (BKK:SAWAD) Cyclically Adjusted Book per Share: ฿14.94 (As of Mar. 2026)

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BKK:SAWAD Srisawad Corp PCL BKK:SAWAD
70 GF Score
Price ฿24.50
GF Value ฿35.05
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Srisawad PCL Cyclically Adjusted Book per Share?

Srisawad PCL BKK:SAWAD -2.97% 70 Cyclically Adjusted Book per Share is ฿14.94 as of Mar. 2026. GuruFocus rates BKK:SAWAD with a GF Score™ of 70/100 and a GF Value™ of ฿35.05 (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.

Srisawad PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿23.383. 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 ฿14.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Srisawad PCL's average Cyclically Adjusted Book Growth Rate was 17.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.70% 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 Srisawad PCL was 16.70% per year. The lowest was 16.70% per year. And the median was 16.70% per year.

As of today (2026-07-14), Srisawad PCL's current stock price is ฿24.50. Srisawad PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿14.94. Srisawad PCL's Cyclically Adjusted PB Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Srisawad PCL was 5.43. The lowest was 1.22. And the median was 3.18.


Srisawad PCL  (BKK:SAWAD) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.50/14.94
=1.64

* 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 Srisawad PCL was 5.43. The lowest was 1.22. And the median was 3.18.


Be Aware

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


Srisawad PCL Cyclically Adjusted Book per Share Related Terms


Srisawad PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Srisawad 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.

Srisawad PCL Cyclically Adjusted Book per Share Chart

Srisawad 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 8.95 10.15 12.09 14.21

Srisawad 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 12.69 13.24 13.78 14.21 14.94

BKK:SAWAD vs V, MA, AXP: Cyclically Adjusted Book per Share Comparison

For the Credit Services subindustry, Srisawad 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.


Srisawad PCL Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Srisawad PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SAWAD
70GF Score
Srisawad Corp PCL BKK:SAWAD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Srisawad 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, Srisawad 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)
=23.383/330.2130*330.2130
=23.383

Current CPI (Mar. 2026) = 330.2130.

Srisawad PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.685 241.018 5.049
201609 4.054 241.428 5.545
201612 4.479 241.432 6.126
201703 4.879 243.801 6.608
201706 5.266 244.955 7.099
201709 5.658 246.819 7.570
201712 6.171 246.524 8.266
201803 6.539 249.554 8.652
201806 6.944 251.989 9.100
201809 7.223 252.439 9.448
201812 7.765 251.233 10.206
201903 9.527 254.202 12.376
201906 9.891 256.143 12.751
201909 10.448 256.759 13.437
201912 11.373 256.974 14.614
202003 11.346 258.115 14.515
202006 12.956 257.797 16.595
202009 12.524 260.280 15.889
202012 13.292 260.474 16.851
202103 14.212 264.877 17.718
202106 13.505 271.696 16.414
202109 14.176 274.310 17.065
202112 14.865 278.802 17.606
202203 15.409 287.504 17.698
202206 14.550 296.311 16.215
202209 14.729 296.808 16.387
202212 15.445 296.797 17.184
202303 16.171 301.836 17.691
202306 15.380 305.109 16.645
202309 16.218 307.789 17.400
202312 16.959 306.746 18.256
202403 17.736 312.332 18.751
202406 18.485 314.175 19.429
202409 19.188 315.301 20.095
202412 19.944 315.605 20.867
202503 20.624 319.799 21.296
202506 21.313 322.561 21.819
202509 21.759 324.800 22.122
202512 22.542 324.054 22.970
202603 23.383 330.213 23.383

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 ฿14.94 mean?
Srisawad PCL (BKK:SAWAD) has a Cyclically Adjusted Book per Share of ฿14.94 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 Srisawad PCL and its competitors.
Is Srisawad PCL's Cyclically Adjusted Book per Share too high?
Srisawad PCL's current Cyclically Adjusted Book per Share is ฿14.94. Overall, Srisawad PCL has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Srisawad PCL's Cyclically Adjusted Book per Share compare to V and MA?
Srisawad PCL's Cyclically Adjusted Book per Share of ฿14.94 can be compared against companies in the Credit 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 Credit Services company?
A good Cyclically Adjusted Book per Share depends on the Credit 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 Srisawad PCL and its competitors. Srisawad PCL's current Cyclically Adjusted Book per Share is ฿14.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Srisawad PCL stock overvalued right now?
Based on GuruFocus' analysis, Srisawad PCL (BKK:SAWAD) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿35.05, compared to a current price of ฿24.50 — trading 30.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿14.94. Srisawad PCL's overall GF Score™ is 70/100 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 Srisawad PCL (BKK:SAWAD), the current Cyclically Adjusted Book per Share is ฿14.94 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 Srisawad PCL (BKK:SAWAD) Overvalued in 2026?

Based on GuruFocus' analysis, Srisawad PCL stock appears to be undervalued. The current stock price of ฿24.50 is trading 30.1% below its estimated GF Value™ of ฿35.05. GuruFocus considers Srisawad PCL to be Significantly Undervalued.

Key valuation signals for BKK:SAWAD:

  • Cyclically Adjusted Book per Share: ฿14.94
  • GF Value™: ฿35.05 vs. price of ฿24.50 (30.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Srisawad PCL Business Description

Address Chaeng Watthana Road, Chaeng Watthana 10 Alley, 99/392 Srisawad Building, 4,6 floor, 3 Sub Alley, Thungsonghong, Laksi, Bangkok, THA, 10210
Srisawad Corp PCL provides financial services, including hire-purchase, loan granting, non-performing assets management, investments in other companies, management and consulting services for retail credit systems in local and foreign countries, and credit sales in foreign countries. The company operates through three business segments: Hire-purchase, Loan, which derives key revenue, and Asset management.
70GF Score

Get the complete analysis for BKK:SAWAD

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

฿24.50
Price
฿35.05
GF Value