Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT) Cyclically Adjusted Book per Share: ฿9.72 (As of Mar. 2026)


BKK:SSTRT Sub Sri Thai Real Estate Investment Trust BKK:SSTRT
79 GF Score
Price ฿4.64
GF Value ฿4.94
Valuation Fairly Valued
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What is Sub Sri Thai Real Estate Investment Trust Cyclically Adjusted Book per Share?

Sub Sri Thai Real Estate Investment Trust BKK:SSTRT 79 Cyclically Adjusted Book per Share is ฿9.72 as of Mar. 2026. GuruFocus rates BKK:SSTRT with a GF Score™ of 79/100 and a GF Value™ of ฿4.94 (Fairly Valued).

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.

Sub Sri Thai Real Estate Investment Trust's adjusted book value per share for the three months ended in Mar. 2026 was ฿8.149. 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 ฿9.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sub Sri Thai Real Estate Investment Trust's average Cyclically Adjusted Book Growth Rate was -2.70% 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.

As of today (2026-07-06), Sub Sri Thai Real Estate Investment Trust's current stock price is ฿4.64. Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿9.72. Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Sub Sri Thai Real Estate Investment Trust was 0.49. The lowest was 0.43. And the median was 0.44.


Sub Sri Thai Real Estate Investment Trust  (BKK:SSTRT) 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.

Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.64/9.72
=0.48

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Sub Sri Thai Real Estate Investment Trust was 0.49. The lowest was 0.43. And the median was 0.44.


Be Aware

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


Sub Sri Thai Real Estate Investment Trust Cyclically Adjusted Book per Share Related Terms


Sub Sri Thai Real Estate Investment Trust Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sub Sri Thai Real Estate Investment Trust'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.

Sub Sri Thai Real Estate Investment Trust Cyclically Adjusted Book per Share Chart

Sub Sri Thai Real Estate Investment Trust 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 0.00 0.00 0.00 10.11 9.68

Sub Sri Thai Real Estate Investment Trust 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 9.74 10.03 10.08 9.68 9.72

BKK:SSTRT vs PLD, PSA, EXR: Cyclically Adjusted Book per Share Comparison

For the REIT - Industrial subindustry, Sub Sri Thai Real Estate Investment Trust'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.


Sub Sri Thai Real Estate Investment Trust Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.


BKK:SSTRT
79GF Score
Sub Sri Thai Real Estate Investment Trust BKK:SSTRT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sub Sri Thai Real Estate Investment Trust 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, Sub Sri Thai Real Estate Investment Trust'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)
=8.149/330.2130*330.2130
=8.149

Current CPI (Mar. 2026) = 330.2130.

Sub Sri Thai Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.450 241.018 14.317
201609 10.291 241.428 14.076
201612 10.473 241.432 14.324
201703 10.306 243.801 13.959
201706 10.504 244.955 14.160
201709 10.347 246.819 13.843
201712 7.715 246.524 10.334
201803 7.562 249.554 10.006
201806 7.705 251.989 10.097
201809 7.578 252.439 9.913
201812 7.719 251.233 10.146
201903 7.590 254.202 9.860
201906 7.699 256.143 9.925
201909 7.595 256.759 9.768
201912 7.839 256.974 10.073
202003 7.972 258.115 10.199
202006 8.082 257.797 10.352
202009 7.996 260.280 10.144
202012 8.132 260.474 10.309
202103 7.958 264.877 9.921
202106 8.056 271.696 9.791
202109 7.999 274.310 9.629
202112 8.144 278.802 9.646
202203 8.085 287.504 9.286
202206 8.191 296.311 9.128
202209 8.130 296.808 9.045
202212 7.786 296.797 8.663
202303 7.731 301.836 8.458
202306 7.893 305.109 8.542
202309 7.841 307.789 8.412
202312 7.991 306.746 8.602
202403 7.941 312.332 8.396
202406 7.975 314.175 8.382
202409 7.928 315.301 8.303
202412 8.081 315.605 8.455
202503 8.032 319.799 8.294
202506 8.084 322.561 8.276
202509 8.039 324.800 8.173
202512 8.195 324.054 8.351
202603 8.149 330.213 8.149

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 ฿9.72 mean?
Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT) has a Cyclically Adjusted Book per Share of ฿9.72 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 Sub Sri Thai Real Estate Investment Trust and its competitors.
Is Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted Book per Share too high?
Sub Sri Thai Real Estate Investment Trust's current Cyclically Adjusted Book per Share is ฿9.72. Overall, Sub Sri Thai Real Estate Investment Trust has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted Book per Share compare to PLD and PSA?
Sub Sri Thai Real Estate Investment Trust's Cyclically Adjusted Book per Share of ฿9.72 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted Book per Share depends on the REITs 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 Sub Sri Thai Real Estate Investment Trust and its competitors. Sub Sri Thai Real Estate Investment Trust's current Cyclically Adjusted Book per Share is ฿9.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sub Sri Thai Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT) is currently considered Fairly Valued. The stock's GF Value™ is ฿4.94, compared to a current price of ฿4.64 — trading 6.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿9.72. Sub Sri Thai Real Estate Investment Trust's overall GF Score™ is 79/100. 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 Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT), the current Cyclically Adjusted Book per Share is ฿9.72 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 Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT) Overvalued in 2026?

Based on GuruFocus' analysis, Sub Sri Thai Real Estate Investment Trust stock appears to be undervalued. The current stock price of ฿4.64 is trading 6.1% below its estimated GF Value™ of ฿4.94. GuruFocus considers Sub Sri Thai Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for BKK:SSTRT:

  • Cyclically Adjusted Book per Share: ฿9.72
  • GF Value™: ฿4.94 vs. price of ฿4.64 (6.1% below fair value)
  • GF Score™: 79/100

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


Sub Sri Thai Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address Soi Pattanakarn 20, 206, Plaza Building, 4th Floor, Suan Luang, Bangkok, THA, 10250
Sub Sri Thai Real Estate Investment Trust is a closed end property fund. The company's objective is to raise funds from general investors and to use the proceeds from fundraising for investing in real estate or leasehold in real estate and the assets that are parts or accessories of such real estate.
79GF Score

Get the complete analysis for BKK:SSTRT

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

฿4.64
Price
฿4.94
GF Value