SGF Capital PCL (BKK:SGF) Cyclically Adjusted Book per Share: ฿1.51 (As of Mar. 2026)

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BKK:SGF SGF Capital PCL BKK:SGF
37 GF Score
Price ฿0.15
GF Value ฿0.16
Valuation Fairly Valued
! 4 Warning Signs
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What is SGF Capital PCL Cyclically Adjusted Book per Share?

SGF Capital PCL BKK:SGF 37 Cyclically Adjusted Book per Share is ฿1.51 as of Mar. 2026. GuruFocus rates BKK:SGF with a GF Score™ of 37/100 and a GF Value™ of ฿0.16 (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.

SGF Capital PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿1.078. 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 ฿1.51 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SGF Capital PCL's average Cyclically Adjusted Book Growth Rate was -4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.90% 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 SGF Capital PCL was 9.10% per year. The lowest was -3.50% per year. And the median was 7.00% per year.

As of today (2026-07-15), SGF Capital PCL's current stock price is ฿0.15. SGF Capital PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.51. SGF Capital PCL's Cyclically Adjusted PB Ratio of today is 0.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SGF Capital PCL was 2.04. The lowest was 0.08. And the median was 0.47.


SGF Capital PCL  (BKK:SGF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.15/1.51
=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 SGF Capital PCL was 2.04. The lowest was 0.08. And the median was 0.47.


Be Aware

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


SGF Capital PCL Cyclically Adjusted Book per Share Related Terms


SGF Capital PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for SGF Capital 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.

SGF Capital PCL Cyclically Adjusted Book per Share Chart

SGF Capital 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 1.53 1.66 1.67 1.61 1.49

SGF Capital 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 1.58 1.55 1.50 1.49 1.51

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

For the Credit Services subindustry, SGF Capital 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.


SGF Capital PCL Cyclically Adjusted PB Ratio vs Credit Services Industry

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

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


BKK:SGF
37GF Score
SGF Capital PCL BKK:SGF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SGF Capital 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, SGF Capital 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)
=1.078/330.2130*330.2130
=1.078

Current CPI (Mar. 2026) = 330.2130.

SGF Capital PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.097 241.018 1.503
201609 1.109 241.428 1.517
201612 1.155 241.432 1.580
201703 1.160 243.801 1.571
201706 1.083 244.955 1.460
201709 1.178 246.819 1.576
201712 1.173 246.524 1.571
201803 1.208 249.554 1.598
201806 1.285 251.989 1.684
201809 1.299 252.439 1.699
201812 1.315 251.233 1.728
201903 1.318 254.202 1.712
201906 1.374 256.143 1.771
201909 1.381 256.759 1.776
201912 1.358 256.974 1.745
202003 1.261 258.115 1.613
202006 1.235 257.797 1.582
202009 1.264 260.280 1.604
202012 1.284 260.474 1.628
202103 1.302 264.877 1.623
202106 1.311 271.696 1.593
202109 1.322 274.310 1.591
202112 1.329 278.802 1.574
202203 1.337 287.504 1.536
202206 1.353 296.311 1.508
202209 1.360 296.808 1.513
202212 1.361 296.797 1.514
202303 1.368 301.836 1.497
202306 1.361 305.109 1.473
202309 1.347 307.789 1.445
202312 1.335 306.746 1.437
202403 1.316 312.332 1.391
202406 1.289 314.175 1.355
202409 1.249 315.301 1.308
202412 1.205 315.605 1.261
202503 1.188 319.799 1.227
202506 1.125 322.561 1.152
202509 1.114 324.800 1.133
202512 1.078 324.054 1.098
202603 1.078 330.213 1.078

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 ฿1.51 mean?
SGF Capital PCL (BKK:SGF) has a Cyclically Adjusted Book per Share of ฿1.51 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 SGF Capital PCL and its competitors.
Is SGF Capital PCL's Cyclically Adjusted Book per Share too high?
SGF Capital PCL's current Cyclically Adjusted Book per Share is ฿1.51. Overall, SGF Capital PCL has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SGF Capital PCL's Cyclically Adjusted Book per Share compare to V and MA?
SGF Capital PCL's Cyclically Adjusted Book per Share of ฿1.51 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 SGF Capital PCL and its competitors. SGF Capital PCL's current Cyclically Adjusted Book per Share is ฿1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SGF Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, SGF Capital PCL (BKK:SGF) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.16, compared to a current price of ฿0.15 — trading 6.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿1.51. SGF Capital PCL's overall GF Score™ is 37/100 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 SGF Capital PCL (BKK:SGF), the current Cyclically Adjusted Book per Share is ฿1.51 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 SGF Capital PCL (BKK:SGF) Overvalued in 2026?

Based on GuruFocus' analysis, SGF Capital PCL stock appears to be undervalued. The current stock price of ฿0.15 is trading 6.3% below its estimated GF Value™ of ฿0.16. GuruFocus considers SGF Capital PCL to be Fairly Valued.

Key valuation signals for BKK:SGF:

  • Cyclically Adjusted Book per Share: ฿1.51
  • GF Value™: ฿0.16 vs. price of ฿0.15 (6.3% below fair value)
  • GF Score™: 37/100 with 4 warning signs

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


SGF Capital PCL Business Description

Address Vibhavadi Rangsit Road, 89/1 3 rd floor Kasemsap Building, Chom Phon, Chatuchak Distinct, Bangkok, THA, 10900
SGF Capital PCL provides funds in the form of hire purchase, leasing, and car for cash and loans, which comprise mortgage loans, loans, and personal loans. Its segments include Hire purchase, leasing, and car for cash segment, and the loan segment, with the majority of the revenue derived from the Hire purchase, leasing, and car for cash segment.
37GF Score

Get the complete analysis for BKK:SGF

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

฿0.15
Price
฿0.16
GF Value