S & P Syndicate PCL (BKK:SNP) Cyclically Adjusted Book per Share: ฿5.94 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SNP S & P Syndicate PCL BKK:SNP
68 GF Score
Price ฿8.70
GF Value ฿9.80
Valuation Modestly Undervalued
! 4 Warning Signs
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What is S & P Syndicate PCL Cyclically Adjusted Book per Share?

S & P Syndicate PCL BKK:SNP -1.14% 68 Cyclically Adjusted Book per Share is ฿5.94 as of Jun. 2026. GuruFocus rates BKK:SNP with a GF Score™ of 68/100 and a GF Value™ of ฿9.80 (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.

S & P Syndicate PCL's adjusted book value per share for the three months ended in Jun. 2026 was ฿4.648. 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 ฿5.94 for the trailing ten years ended in Jun. 2026.

During the past 12 months, S & P Syndicate PCL's average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.80% 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 S & P Syndicate PCL was 5.90% per year. The lowest was 1.50% per year. And the median was 4.25% per year.

As of today (2026-08-22), S & P Syndicate PCL's current stock price is ฿8.70. S & P Syndicate PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿5.94. S & P Syndicate PCL's Cyclically Adjusted PB Ratio of today is 1.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of S & P Syndicate PCL was 5.80. The lowest was 1.46. And the median was 2.94.


S & P Syndicate PCL  (BKK:SNP) 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.

S & P Syndicate PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.70/5.94
=1.46

* 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 S & P Syndicate PCL was 5.80. The lowest was 1.46. And the median was 2.94.


Be Aware

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


S & P Syndicate PCL Cyclically Adjusted Book per Share Related Terms


S & P Syndicate PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for S & P Syndicate 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.

S & P Syndicate PCL Cyclically Adjusted Book per Share Chart

S & P Syndicate 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 5.24 5.59 5.74 5.84 5.85

S & P Syndicate 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 5.91 5.91 5.85 5.92 5.94

BKK:SNP vs MCD, SBUX, YUM: Cyclically Adjusted Book per Share Comparison

For the Restaurants subindustry, S & P Syndicate 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.


S & P Syndicate PCL Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, S & P Syndicate PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where S & P Syndicate PCL's Cyclically Adjusted PB Ratio falls into.


BKK:SNP
68GF Score
S & P Syndicate PCL BKK:SNP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S & P Syndicate 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, S & P Syndicate 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)
=4.648/333.9520*333.9520
=4.648

Current CPI (Jun. 2026) = 333.9520.

S & P Syndicate PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.586 241.428 6.344
201612 4.754 241.432 6.576
201703 4.931 243.801 6.754
201706 4.388 244.955 5.982
201709 4.611 246.819 6.239
201712 5.132 246.524 6.952
201803 5.301 249.554 7.094
201806 4.671 251.989 6.190
201809 4.910 252.439 6.495
201812 5.141 251.233 6.834
201903 5.297 254.202 6.959
201906 4.685 256.143 6.108
201909 4.907 256.759 6.382
201912 5.077 256.974 6.598
202003 4.952 258.115 6.407
202006 4.326 257.797 5.604
202009 4.626 260.280 5.935
202012 4.811 260.474 6.168
202103 4.976 264.877 6.274
202106 4.817 271.696 5.921
202109 4.965 274.310 6.045
202112 5.039 278.802 6.036
202203 5.207 287.504 6.048
202206 4.786 296.311 5.394
202209 4.998 296.808 5.623
202212 5.274 296.797 5.934
202303 5.477 301.836 6.060
202306 4.982 305.109 5.453
202309 5.050 307.789 5.479
202312 5.290 306.746 5.759
202403 5.472 312.332 5.851
202406 4.891 314.175 5.199
202409 5.011 315.301 5.307
202412 5.253 315.605 5.558
202503 5.323 319.799 5.559
202506 4.675 322.561 4.840
202509 4.780 324.800 4.915
202512 4.986 324.054 5.138
202603 5.068 330.213 5.125
202606 4.648 333.952 4.648

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 ฿5.94 mean?
S & P Syndicate PCL (BKK:SNP) has a Cyclically Adjusted Book per Share of ฿5.94 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 S & P Syndicate PCL and its competitors.
Is S & P Syndicate PCL's Cyclically Adjusted Book per Share too high?
S & P Syndicate PCL's current Cyclically Adjusted Book per Share is ฿5.94. Overall, S & P Syndicate PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does S & P Syndicate PCL's Cyclically Adjusted Book per Share compare to MCD and SBUX?
S & P Syndicate PCL's Cyclically Adjusted Book per Share of ฿5.94 can be compared against companies in the Restaurants 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 Restaurants company?
A good Cyclically Adjusted Book per Share depends on the Restaurants 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 S & P Syndicate PCL and its competitors. S & P Syndicate PCL's current Cyclically Adjusted Book per Share is ฿5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S & P Syndicate PCL stock overvalued right now?
Based on GuruFocus' analysis, S & P Syndicate PCL (BKK:SNP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.80, compared to a current price of ฿8.70 — trading 11.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿5.94. S & P Syndicate PCL's overall GF Score™ is 68/100 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 S & P Syndicate PCL (BKK:SNP), the current Cyclically Adjusted Book per Share is ฿5.94 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 S & P Syndicate PCL (BKK:SNP) Overvalued in 2026?

Based on GuruFocus' analysis, S & P Syndicate PCL stock appears to be undervalued. The current stock price of ฿8.70 is trading 11.2% below its estimated GF Value™ of ฿9.80. GuruFocus considers S & P Syndicate PCL to be Modestly Undervalued.

Key valuation signals for BKK:SNP:

  • Cyclically Adjusted Book per Share: ฿5.94
  • GF Value™: ฿9.80 vs. price of ฿8.70 (11.2% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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


S & P Syndicate PCL Business Description

Address New Petchburi Road, No 2034/100-103, 23 Floor, Italthai Tower, Bangkapi, Huaykwang, Bangkok, THA, 10310
S & P Syndicate PCL is engaged in the operations of a nationwide and international chain of restaurants and bakery shops, the production of bakery, frozen foods and other food products and food service-related businesses such as outside catering. Its products under Bakery include Pound Cake, Packaged Cake, Frozen Cake, Pastry, Sandwich and Bread, Cookies, Moon Cake, Thai Dessert, and Snack; Food Product include Thai Food, Frozen Quick Meal, Jelio Jelly, International Food, and Healthy Food; and Beverage Product include Coffee and Tea Bluecup, Drink Bottled Beverages, Fruit Juice, Fruit Juice (UHT), and Smoothie. Its segments include Domestic restaurants and bakery shops, Domestic Packaged food and bakery trading business, Overseas restaurants, and Others.
68GF Score

Get the complete analysis for BKK:SNP

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

฿8.70
Price
฿9.80
GF Value