Sea Oil PCL (BKK:SEAOIL) Cyclically Adjusted Book per Share: ฿2.96 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BKK:SEAOIL Sea Oil PCL BKK:SEAOIL
82 GF Score
Price ฿3.38
GF Value ฿3.98
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Sea Oil PCL Cyclically Adjusted Book per Share?

Sea Oil PCL BKK:SEAOIL -0.59% 82 Cyclically Adjusted Book per Share is ฿2.96 as of Jun. 2026. GuruFocus rates BKK:SEAOIL with a GF Score™ of 82/100 and a GF Value™ of ฿3.98 (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.

Sea Oil PCL's adjusted book value per share for the three months ended in Jun. 2026 was ฿3.822. 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 ฿2.96 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Sea Oil PCL's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 Sea Oil PCL was 11.60% per year. The lowest was 10.00% per year. And the median was 10.80% per year.

As of today (2026-09-08), Sea Oil PCL's current stock price is ฿3.38. Sea Oil PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿2.96. Sea Oil PCL's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sea Oil PCL was 2.45. The lowest was 0.81. And the median was 1.24.


Sea Oil PCL  (BKK:SEAOIL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.38/2.96
=1.14

* 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 Sea Oil PCL was 2.45. The lowest was 0.81. And the median was 1.24.


Be Aware

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


Sea Oil PCL Cyclically Adjusted Book per Share Related Terms


Sea Oil PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sea Oil 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.

Sea Oil PCL Cyclically Adjusted Book per Share Chart

Sea Oil 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 1.90 2.12 2.41 2.64 2.82

Sea Oil PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.75 2.80 2.82 2.89 2.96

BKK:SEAOIL vs MPC, VLO, PSX: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, Sea Oil 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.


Sea Oil PCL Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sea Oil PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SEAOIL
82GF Score
Sea Oil PCL BKK:SEAOIL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sea Oil 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, Sea Oil PCL's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.822/333.9520*333.9520
=3.822

Current CPI (Jun. 2026) = 333.9520.

Sea Oil PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.875 241.428 2.594
201612 1.864 241.432 2.578
201703 1.986 243.801 2.720
201706 1.934 244.955 2.637
201709 1.902 246.819 2.573
201712 1.828 246.524 2.476
201803 1.805 249.554 2.415
201806 1.814 251.989 2.404
201809 1.803 252.439 2.385
201812 1.822 251.233 2.422
201903 1.834 254.202 2.409
201906 1.892 256.143 2.467
201909 1.897 256.759 2.467
201912 1.717 256.974 2.231
202003 2.109 258.115 2.729
202006 1.892 257.797 2.451
202009 1.956 260.280 2.510
202012 1.899 260.474 2.435
202103 2.055 264.877 2.591
202106 1.981 271.696 2.435
202109 2.078 274.310 2.530
202112 2.230 278.802 2.671
202203 2.523 287.504 2.931
202206 2.578 296.311 2.905
202209 2.757 296.808 3.102
202212 2.838 296.797 3.193
202303 3.166 301.836 3.503
202306 3.087 305.109 3.379
202309 3.233 307.789 3.508
202312 3.296 306.746 3.588
202403 3.395 312.332 3.630
202406 3.341 314.175 3.551
202409 3.439 315.301 3.642
202412 3.481 315.605 3.683
202503 3.604 319.799 3.763
202506 3.555 322.561 3.681
202509 3.637 324.800 3.739
202512 3.615 324.054 3.725
202603 3.772 330.213 3.815
202606 3.822 333.952 3.822

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 ฿2.96 mean?
Sea Oil PCL (BKK:SEAOIL) has a Cyclically Adjusted Book per Share of ฿2.96 as of Jun. 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 Sea Oil PCL and its competitors.
Is Sea Oil PCL's Cyclically Adjusted Book per Share too high?
Sea Oil PCL's current Cyclically Adjusted Book per Share is ฿2.96. Overall, Sea Oil PCL has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sea Oil PCL's Cyclically Adjusted Book per Share compare to MPC and VLO?
Sea Oil PCL's Cyclically Adjusted Book per Share of ฿2.96 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas 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 Sea Oil PCL and its competitors. Sea Oil PCL's current Cyclically Adjusted Book per Share is ฿2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea Oil PCL stock overvalued right now?
Based on GuruFocus' analysis, Sea Oil PCL (BKK:SEAOIL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.98, compared to a current price of ฿3.38 — trading 15.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿2.96. Sea Oil PCL's overall GF Score™ is 82/100 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 Sea Oil PCL (BKK:SEAOIL), the current Cyclically Adjusted Book per Share is ฿2.96 as of Jun. 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 Sea Oil PCL (BKK:SEAOIL) Overvalued in 2026?

Based on GuruFocus' analysis, Sea Oil PCL stock appears to be undervalued. The current stock price of ฿3.38 is trading 15.1% below its estimated GF Value™ of ฿3.98. GuruFocus considers Sea Oil PCL to be Modestly Undervalued.

Key valuation signals for BKK:SEAOIL:

  • Cyclically Adjusted Book per Share: ฿2.96
  • GF Value™: ฿3.98 vs. price of ฿3.38 (15.1% below fair value)
  • GF Score™: 82/100 with 4 warning signs

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


Sea Oil PCL Business Description

Industry EnergyOil & Gas
Other Exchanges SEAOIL-F:Thailand
Address Debaratna Road, 88 Soi Bangna-Trat 30, Bang Na-Tai Sub-district, Bang Na district, Bangkok, THA, 10260
Sea Oil PCL engaged in the retail sale of fuel oil and lubricant oil. The company also provides service and supply management for clients in the oil industry's exploration and productions. The operating segments of the company are; Maritime sales of fuel oil and lubricant oil, Land sales and other channels' sales of fuel oil and lubricant oil, Catering service which provides service and supply management for clients in the oil industry's exploration and production, and Lease of solvent and petrochemical factory. The company derives the majority of its revenue from the Maritime sales of fuel oil and lubricant oil segment. The Group operates in both Thailand and foreign countries.
82GF Score

Get the complete analysis for BKK:SEAOIL

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

฿3.38
Price
฿3.98
GF Value