Siam Steel International PCL (BKK:SIAM) Cyclically Adjusted Book per Share: ฿5.00 (As of Mar. 2026)


BKK:SIAM Siam Steel International PCL BKK:SIAM
42 GF Score
Price ฿0.77
GF Value ฿0.68
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Siam Steel International PCL Cyclically Adjusted Book per Share?

Siam Steel International PCL BKK:SIAM 42 Cyclically Adjusted Book per Share is ฿5.00 as of Mar. 2026. GuruFocus rates BKK:SIAM with a GF Score™ of 42/100 and a GF Value™ of ฿0.68 (Modestly Overvalued). 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.

Siam Steel International PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿4.274. 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 ฿5.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Siam Steel International PCL's average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.00% 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 Siam Steel International PCL was 3.20% per year. The lowest was 0.80% per year. And the median was 2.20% per year.

As of today (2026-07-07), Siam Steel International PCL's current stock price is ฿0.77. Siam Steel International PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿5.00. Siam Steel International PCL's Cyclically Adjusted PB Ratio of today is 0.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Siam Steel International PCL was 0.57. The lowest was 0.12. And the median was 0.31.


Siam Steel International PCL  (BKK:SIAM) 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 Steel International PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.77/5.00
=0.15

* 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 Steel International PCL was 0.57. The lowest was 0.12. And the median was 0.31.


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 Steel International PCL Cyclically Adjusted Book per Share Related Terms


Siam Steel International PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Siam Steel International 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 Steel International PCL Cyclically Adjusted Book per Share Chart

Siam Steel International 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 4.65 4.82 4.87 4.91 4.93

Siam Steel International 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 4.95 4.97 4.97 4.93 5.00

BKK:SIAM vs SN, SGI, MHK: Cyclically Adjusted Book per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Siam Steel International 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 Steel International PCL Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Siam Steel International PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SIAM
42GF Score
Siam Steel International PCL BKK:SIAM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siam Steel International 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 Steel International 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)
=4.274/330.2130*330.2130
=4.274

Current CPI (Mar. 2026) = 330.2130.

Siam Steel International PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.831 241.018 5.249
201609 3.833 241.428 5.243
201612 3.859 241.432 5.278
201703 3.871 243.801 5.243
201706 3.781 244.955 5.097
201709 3.731 246.819 4.992
201712 3.785 246.524 5.070
201803 3.809 249.554 5.040
201806 3.834 251.989 5.024
201809 3.873 252.439 5.066
201812 4.194 251.233 5.512
201903 4.236 254.202 5.503
201906 4.236 256.143 5.461
201909 4.272 256.759 5.494
201912 4.183 256.974 5.375
202003 4.212 258.115 5.389
202006 4.237 257.797 5.427
202009 4.092 260.280 5.191
202012 4.467 260.474 5.663
202103 4.479 264.877 5.584
202106 4.403 271.696 5.351
202109 4.421 274.310 5.322
202112 4.421 278.802 5.236
202203 4.451 287.504 5.112
202206 4.398 296.311 4.901
202209 4.395 296.808 4.890
202212 4.343 296.797 4.832
202303 4.366 301.836 4.776
202306 4.372 305.109 4.732
202309 4.404 307.789 4.725
202312 4.369 306.746 4.703
202403 4.313 312.332 4.560
202406 4.200 314.175 4.414
202409 4.216 315.301 4.415
202412 4.220 315.605 4.415
202503 4.217 319.799 4.354
202506 4.239 322.561 4.340
202509 4.252 324.800 4.323
202512 4.261 324.054 4.342
202603 4.274 330.213 4.274

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 ฿5.00 mean?
Siam Steel International PCL (BKK:SIAM) has a Cyclically Adjusted Book per Share of ฿5.00 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 Steel International PCL and its competitors.
Is Siam Steel International PCL's Cyclically Adjusted Book per Share too high?
Siam Steel International PCL's current Cyclically Adjusted Book per Share is ฿5.00. Overall, Siam Steel International PCL has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siam Steel International PCL's Cyclically Adjusted Book per Share compare to SN and SGI?
Siam Steel International PCL's Cyclically Adjusted Book per Share of ฿5.00 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Book per Share depends on the Furnishings, Fixtures & Appliances 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 Steel International PCL and its competitors. Siam Steel International PCL's current Cyclically Adjusted Book per Share is ฿5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Steel International PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Steel International PCL (BKK:SIAM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.68, compared to a current price of ฿0.77 — trading 13.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿5.00. Siam Steel International PCL's overall GF Score™ is 42/100 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 Siam Steel International PCL (BKK:SIAM), the current Cyclically Adjusted Book per Share is ฿5.00 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 Steel International PCL (BKK:SIAM) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Steel International PCL stock appears to be overvalued. The current stock price of ฿0.77 is trading 13.2% above its estimated GF Value™ of ฿0.68. GuruFocus considers Siam Steel International PCL to be Modestly Overvalued.

Key valuation signals for BKK:SIAM:

  • Cyclically Adjusted Book per Share: ฿5.00
  • GF Value™: ฿0.68 vs. price of ฿0.77 (13.2% above fair value)
  • GF Score™: 42/100 with 3 warning signs

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


Siam Steel International PCL Business Description

Address 51 Moo 2, Poochao Road, Bangyaprak, Phrapradaeng, Samuthprakarn, THA, 10130
Siam Steel International PCL is engaged in the manufacturing and sales of steel office equipment and furniture parts, construction services and alternative energy sector. The company manufactures and sells steel furniture under the brands LUCKY KINGDOM, OKAMURA, CHITOSE, and PILOT, and wooden furniture, including freestanding and built-in products, under the KINGDOM brand. It also provides interior design services for office and residential spaces, and manufactures and sells prefabricated buildings under the LUCKY Hi-Tech Building System brand. Its business segments are manufacturing and sales and of furniture, construction services and alternative energy sector. The majority of the company's revenue is generated from the Furniture segment. Geographically, it operates only in Thailand.
42GF Score

Get the complete analysis for BKK:SIAM

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

฿0.77
Price
฿0.68
GF Value