Saha Pathanapibul PCL (BKK:SPC) Cyclically Adjusted Book per Share: ฿77.95 (As of Mar. 2026)


BKK:SPC Saha Pathanapibul PCL BKK:SPC
82 GF Score
Price ฿55.50
GF Value ฿60.59
Valuation Fairly Valued
! 3 Warning Signs
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What is Saha Pathanapibul PCL Cyclically Adjusted Book per Share?

Saha Pathanapibul PCL BKK:SPC 82 Cyclically Adjusted Book per Share is ฿77.95 as of Mar. 2026. GuruFocus rates BKK:SPC with a GF Score™ of 82/100 and a GF Value™ of ฿60.59 (Fairly Valued). 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.

Saha Pathanapibul PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿88.900. 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 ฿77.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Saha Pathanapibul PCL's average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 Saha Pathanapibul PCL was 14.80% per year. The lowest was 9.10% per year. And the median was 12.20% per year.

As of today (2026-07-05), Saha Pathanapibul PCL's current stock price is ฿55.50. Saha Pathanapibul PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿77.95. Saha Pathanapibul PCL's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saha Pathanapibul PCL was 1.73. The lowest was 0.71. And the median was 1.22.


Saha Pathanapibul PCL  (BKK:SPC) 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.

Saha Pathanapibul PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=55.50/77.95
=0.71

* 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 Saha Pathanapibul PCL was 1.73. The lowest was 0.71. And the median was 1.22.


Be Aware

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


Saha Pathanapibul PCL Cyclically Adjusted Book per Share Related Terms


Saha Pathanapibul PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Saha Pathanapibul 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.

Saha Pathanapibul PCL Cyclically Adjusted Book per Share Chart

Saha Pathanapibul 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 50.95 58.16 64.12 69.97 75.59

Saha Pathanapibul 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 71.83 73.40 74.86 75.59 77.95

BKK:SPC vs SYY, USFD, PFGC: Cyclically Adjusted Book per Share Comparison

For the Food Distribution subindustry, Saha Pathanapibul 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.


Saha Pathanapibul PCL Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Saha Pathanapibul PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Saha Pathanapibul 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, Saha Pathanapibul 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)
=88.9/330.2130*330.2130
=88.900

Current CPI (Mar. 2026) = 330.2130.

Saha Pathanapibul PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 38.400 241.018 52.611
201609 39.520 241.428 54.053
201612 41.213 241.432 56.368
201703 43.544 243.801 58.978
201706 43.374 244.955 58.471
201709 46.465 246.819 62.164
201712 48.953 246.524 65.571
201803 49.969 249.554 66.120
201806 0.000 251.989 0.000
201809 51.387 252.439 67.219
201812 52.129 251.233 68.517
201903 52.686 254.202 68.440
201906 53.408 256.143 68.852
201909 54.029 256.759 69.486
201912 55.220 256.974 70.958
202003 66.529 258.115 85.112
202006 67.139 257.797 85.999
202009 67.580 260.280 85.738
202012 71.575 260.474 90.738
202103 72.412 264.877 90.274
202106 72.426 271.696 88.025
202109 73.911 274.310 88.974
202112 72.621 278.802 86.012
202203 73.189 287.504 84.061
202206 73.097 296.311 81.460
202209 74.816 296.808 83.236
202212 74.826 296.797 83.251
202303 75.776 301.836 82.900
202306 76.632 305.109 82.937
202309 77.665 307.789 83.323
202312 80.013 306.746 86.134
202403 81.734 312.332 86.413
202406 82.497 314.175 86.708
202409 83.293 315.301 87.232
202412 82.321 315.605 86.131
202503 83.592 319.799 86.314
202506 84.735 322.561 86.745
202509 86.353 324.800 87.792
202512 86.117 324.054 87.754
202603 88.900 330.213 88.900

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 ฿77.95 mean?
Saha Pathanapibul PCL (BKK:SPC) has a Cyclically Adjusted Book per Share of ฿77.95 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 Saha Pathanapibul PCL and its competitors.
Is Saha Pathanapibul PCL's Cyclically Adjusted Book per Share too high?
Saha Pathanapibul PCL's current Cyclically Adjusted Book per Share is ฿77.95. Overall, Saha Pathanapibul PCL has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saha Pathanapibul PCL's Cyclically Adjusted Book per Share compare to SYY and USFD?
Saha Pathanapibul PCL's Cyclically Adjusted Book per Share of ฿77.95 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Cyclically Adjusted Book per Share depends on the Retail - Defensive 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 Saha Pathanapibul PCL and its competitors. Saha Pathanapibul PCL's current Cyclically Adjusted Book per Share is ฿77.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saha Pathanapibul PCL stock overvalued right now?
Based on GuruFocus' analysis, Saha Pathanapibul PCL (BKK:SPC) is currently considered Fairly Valued. The stock's GF Value™ is ฿60.59, compared to a current price of ฿55.50 — trading 8.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿77.95. Saha Pathanapibul PCL's overall GF Score™ is 82/100 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 Saha Pathanapibul PCL (BKK:SPC), the current Cyclically Adjusted Book per Share is ฿77.95 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 Saha Pathanapibul PCL (BKK:SPC) Overvalued in 2026?

Based on GuruFocus' analysis, Saha Pathanapibul PCL stock appears to be undervalued. The current stock price of ฿55.50 is trading 8.4% below its estimated GF Value™ of ฿60.59. GuruFocus considers Saha Pathanapibul PCL to be Fairly Valued.

Key valuation signals for BKK:SPC:

  • Cyclically Adjusted Book per Share: ฿77.95
  • GF Value™: ฿60.59 vs. price of ฿55.50 (8.4% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Saha Pathanapibul PCL Business Description

Address 2156 New Petchburi Road, Bangkapi, Huaykwang, Bangkok, THA, 10310
Saha Pathanapibul PCL is a Thailand-based company, engaged in the business of consumer goods distribution and property development. In addition, the company along with its subsidiaries is also involved in the business of investing in real estate and services, and office building for rent. The company operates in two reportable segments as follows: Sales of consumer products; and Office building for rent. It generates the majority of the revenue from the sales of consumer products segment. It distributes products range which includes food, beverages, household, and personal care products. The group operates its business activities in Thailand and internationally.
82GF Score

Get the complete analysis for BKK:SPC

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

฿55.50
Price
฿60.59
GF Value