Siam Cement PCL (BKK:SCC-R) Cyclically Adjusted Book per Share: ฿289.14 (As of Mar. 2026)


BKK:SCC-R Siam Cement PCL BKK:SCC-R
77 GF Score
Price ฿191.00
GF Value ฿176.27
! 9 Warning Signs
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What is Siam Cement PCL Cyclically Adjusted Book per Share?

Siam Cement PCL BKK:SCC-R 77 Cyclically Adjusted Book per Share is ฿289.14 as of Mar. 2026. GuruFocus rates BKK:SCC-R with a GF Score™ of 77/100 and a GF Value™ of ฿176.27. The stock has 9 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.

Siam Cement PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿292.298. 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 ฿289.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Siam Cement PCL's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 Siam Cement PCL was 13.10% per year. The lowest was 7.20% per year. And the median was 10.55% per year.

As of today (2026-06-26), Siam Cement PCL's current stock price is ฿191.00. Siam Cement PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿289.14. Siam Cement PCL's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Siam Cement PCL was 4.23. The lowest was 0.44. And the median was 1.81.


Siam Cement PCL  (BKK:SCC-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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=191.00/289.14
=0.66

* 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 Siam Cement PCL was 4.23. The lowest was 0.44. And the median was 1.81.


Be Aware

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


Siam Cement PCL Cyclically Adjusted Book per Share Related Terms


Siam Cement PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Siam Cement 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.

Siam Cement PCL Cyclically Adjusted Book per Share Chart

Siam Cement 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 217.41 247.68 288.51 299.90 382.20

Siam Cement 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 297.36 280.37 304.48 382.20 289.14

BKK:SCC-R vs HON, MMM: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, Siam Cement 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.


Siam Cement PCL Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Siam Cement PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SCC-R
77GF Score
Siam Cement PCL BKK:SCC-R
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siam Cement 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, Siam Cement 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)
=292.298/330.2130*330.2130
=292.298

Current CPI (Mar. 2026) = 330.2130.

Siam Cement PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 187.398 241.018 256.750
201609 189.036 241.428 258.554
201612 200.019 241.432 273.571
201703 199.071 243.801 269.629
201706 209.770 244.955 282.782
201709 210.221 246.819 281.249
201712 217.581 246.524 291.445
201803 214.466 249.554 283.784
201806 226.465 251.989 296.766
201809 222.770 252.439 291.403
201812 230.914 251.233 303.506
201903 229.666 254.202 298.340
201906 232.055 256.143 299.159
201909 229.313 256.759 294.915
201912 233.513 256.974 300.065
202003 243.088 258.115 310.989
202006 247.071 257.797 316.474
202009 252.291 260.280 320.077
202012 267.477 260.474 339.091
202103 277.005 264.877 345.333
202106 293.315 271.696 356.488
202109 299.191 274.310 360.165
202112 304.742 278.802 360.936
202203 302.334 287.504 347.246
202206 319.567 296.311 356.130
202209 329.611 296.808 366.708
202212 311.879 296.797 346.993
202303 322.872 301.836 353.227
202306 317.393 305.109 343.508
202309 319.700 307.789 342.992
202312 303.301 306.746 326.504
202403 314.237 312.332 332.227
202406 316.397 314.175 332.548
202409 289.345 315.301 303.029
202412 294.073 315.605 307.684
202503 291.656 319.799 301.154
202506 299.352 322.561 306.453
202509 292.576 324.800 297.452
202512 281.419 324.054 286.768
202603 292.298 330.213 292.298

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 ฿289.14 mean?
Siam Cement PCL (BKK:SCC-R) has a Cyclically Adjusted Book per Share of ฿289.14 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 Siam Cement PCL and its competitors.
Is Siam Cement PCL's Cyclically Adjusted Book per Share too high?
Siam Cement PCL's current Cyclically Adjusted Book per Share is ฿289.14. Overall, Siam Cement PCL has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Siam Cement PCL's Cyclically Adjusted Book per Share compare to HON and MMM?
Siam Cement PCL's Cyclically Adjusted Book per Share of ฿289.14 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Book per Share depends on the Conglomerates 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 Siam Cement PCL and its competitors. Siam Cement PCL's current Cyclically Adjusted Book per Share is ฿289.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Cement PCL stock overvalued right now?
Siam Cement PCL (BKK:SCC-R) has a current Cyclically Adjusted Book per Share of ฿289.14. The stock's GF Value™ is ฿176.27, compared to a current price of ฿191.00 — trading 8.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿289.14. Siam Cement PCL's overall GF Score™ is 77/100 with 9 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 Siam Cement PCL (BKK:SCC-R), the current Cyclically Adjusted Book per Share is ฿289.14 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 Siam Cement PCL (BKK:SCC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Cement PCL stock appears to be overvalued. The current stock price of ฿191.00 is trading 8.4% above its estimated GF Value™ of ฿176.27.

Key valuation signals for BKK:SCC-R:

  • Cyclically Adjusted Book per Share: ฿289.14
  • GF Value™: ฿176.27 vs. price of ฿191.00 (8.4% above fair value)
  • GF Score™: 77/100 with 9 warning signs

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


Siam Cement PCL Business Description

Address 1 Siam Cement Road, Bangsue, Bangkok, THA, 10800
Siam Cement PCL is a holding company which manufactures and sells a variety of building materials, chemicals, and packaging products. Its segment includes SCG Cement and Green Solutions Business, SCG Smart Living Business and SCG Distribution and Retail Business, SCG Decor (SCGD), Chemicals Business (SCGC), SCGP and Others. Its geographic segments include Thailand, Vietnam, Indonesia, and Others. It generates the majority of its revenue from Thailand.
77GF Score

Get the complete analysis for BKK:SCC-R

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

฿191.00
Price
฿176.27
GF Value