Thanapiriya PCL (BKK:TNP-F) Cyclically Adjusted Book per Share: ฿0.00 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

What is Thanapiriya PCL Cyclically Adjusted Book per Share?

Thanapiriya PCL BKK:TNP-F 96 Cyclically Adjusted Book per Share is ฿0.00 as of Dec. 2025. GuruFocus rates BKK:TNP-F with a GF Score™ of 96/100. The stock has 1 warning sign investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Thanapiriya PCL's adjusted book value per share for the three months ended in Dec. 2025 was ฿1.656. 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 ฿0.00 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Thanapiriya PCL's average Cyclically Adjusted Book Growth Rate was 8.00% 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.

As of today (2026-07-24), Thanapiriya PCL's current stock price is ฿0.00. Thanapiriya PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was ฿0.00. Thanapiriya PCL's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thanapiriya PCL was 3.60. The lowest was 2.00. And the median was 2.45.


Thanapiriya PCL  (BKK:TNP-F) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thanapiriya PCL was 3.60. The lowest was 2.00. And the median was 2.45.


Be Aware

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


Thanapiriya PCL Cyclically Adjusted Book per Share Related Terms


Thanapiriya PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Thanapiriya 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.

Thanapiriya PCL Cyclically Adjusted Book per Share Chart

Thanapiriya 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 0.00 0.00 0.00 0.00 0.00

Thanapiriya PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00 0.00

BKK:TNP-F vs KR, SFM: Cyclically Adjusted Book per Share Comparison

For the Grocery Stores subindustry, Thanapiriya 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.


Thanapiriya PCL Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

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

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



Thanapiriya 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, Thanapiriya PCL's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.656/324.0540*324.0540
=1.656

Current CPI (Dec. 2025) = 324.0540.

Thanapiriya PCL Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.702 238.132 0.955
201606 0.689 241.018 0.926
201609 0.692 241.428 0.929
201612 0.713 241.432 0.957
201703 0.731 243.801 0.972
201706 0.733 244.955 0.970
201709 0.737 246.819 0.968
201712 0.759 246.524 0.998
201803 0.779 249.554 1.012
201806 0.781 251.989 1.004
201809 0.786 252.439 1.009
201812 0.811 251.233 1.046
201903 0.830 254.202 1.058
201906 0.836 256.143 1.058
201909 0.840 256.759 1.060
201912 0.881 256.974 1.111
202003 0.920 258.115 1.155
202006 0.926 257.797 1.164
202009 0.933 260.280 1.162
202012 0.988 260.474 1.229
202103 1.058 264.877 1.294
202106 1.073 271.696 1.280
202109 1.070 274.310 1.264
202112 1.137 278.802 1.322
202203 1.182 287.504 1.332
202206 1.174 296.311 1.284
202209 1.186 296.808 1.295
202212 1.238 296.797 1.352
202303 1.284 301.836 1.379
202306 1.286 305.109 1.366
202309 1.288 307.789 1.356
202312 1.349 306.746 1.425
202403 1.405 312.332 1.458
202406 1.413 314.175 1.457
202409 1.429 315.301 1.469
202412 1.493 315.605 1.533
202503 1.556 319.799 1.577
202506 1.567 322.561 1.574
202509 1.576 324.800 1.572
202512 1.656 324.054 1.656

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 ฿0.00 mean?
Thanapiriya PCL (BKK:TNP-F) has a Cyclically Adjusted Book per Share of ฿0.00 as of Dec. 2025. 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 Thanapiriya PCL and its competitors.
Is Thanapiriya PCL's Cyclically Adjusted Book per Share too high?
Thanapiriya PCL's current Cyclically Adjusted Book per Share is ฿0.00. Overall, Thanapiriya PCL has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Thanapiriya PCL's Cyclically Adjusted Book per Share compare to KR and SFM?
Thanapiriya PCL's Cyclically Adjusted Book per Share of ฿0.00 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 Thanapiriya PCL and its competitors. Thanapiriya PCL's current Cyclically Adjusted Book per Share is ฿0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thanapiriya PCL stock overvalued right now?
Thanapiriya PCL (BKK:TNP-F) has a current Cyclically Adjusted Book per Share of ฿0.00. The current Cyclically Adjusted Book per Share is ฿0.00. Thanapiriya PCL's overall GF Score™ is 96/100 with 1 warning sign 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 Thanapiriya PCL (BKK:TNP-F), the current Cyclically Adjusted Book per Share is ฿0.00 as of Dec. 2025. 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.

Thanapiriya PCL Business Description

Other Exchanges TNP:Thailand
Address 329, Moo 8, Ban Du Sub-district, Muang Chiangrai District, Chiangrai, THA, 57100
Thanapiriya PCL is engaged in the retail and wholesale business of consumer goods. The company operates retail and wholesale superstores excluding fresh food through its supermarkets under the brand Thanapiriya. It generates revenue from sales and services through its branches and head office in Thailand.