Zalekta PCL (BKK:ZAA) Cyclically Adjusted Book per Share: ฿0.88 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BKK:ZAA Zalekta PCL BKK:ZAA
57 GF Score
Price ฿1.69
GF Value ฿1.43
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Zalekta PCL Cyclically Adjusted Book per Share?

Zalekta PCL BKK:ZAA 57 Cyclically Adjusted Book per Share is ฿0.88 as of Mar. 2026. GuruFocus rates BKK:ZAA with a GF Score™ of 57/100 and a GF Value™ of ฿1.43 (Modestly Overvalued). The stock has 2 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.

Zalekta PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿0.350. 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 ฿0.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Zalekta PCL's average Cyclically Adjusted Book Growth Rate was -11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.00% 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 Zalekta PCL was -1.00% per year. The lowest was -5.60% per year. And the median was -2.85% per year.

As of today (2026-07-21), Zalekta PCL's current stock price is ฿1.69. Zalekta PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.88. Zalekta PCL's Cyclically Adjusted PB Ratio of today is 1.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zalekta PCL was 5.20. The lowest was 0.98. And the median was 2.51.


Zalekta PCL  (BKK:ZAA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.69/0.88
=1.92

* 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 Zalekta PCL was 5.20. The lowest was 0.98. And the median was 2.51.


Be Aware

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


Zalekta PCL Cyclically Adjusted Book per Share Related Terms


Zalekta PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Zalekta 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.

Zalekta PCL Cyclically Adjusted Book per Share Chart

Zalekta 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 1.04 1.00 1.03 1.01 0.90

Zalekta 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 0.99 0.96 0.93 0.90 0.88

BKK:ZAA vs NFLX, DIS, WBD: Cyclically Adjusted Book per Share Comparison

For the Entertainment subindustry, Zalekta 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.


Zalekta PCL Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zalekta PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:ZAA
57GF Score
Zalekta PCL BKK:ZAA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zalekta 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, Zalekta 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)
=0.35/330.2130*330.2130
=0.350

Current CPI (Mar. 2026) = 330.2130.

Zalekta PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.267 241.018 1.736
201609 1.202 241.428 1.644
201612 1.085 241.432 1.484
201703 1.015 243.801 1.375
201706 0.976 244.955 1.316
201709 1.002 246.819 1.341
201712 0.845 246.524 1.132
201803 0.839 249.554 1.110
201806 0.737 251.989 0.966
201809 0.759 252.439 0.993
201812 0.772 251.233 1.015
201903 0.773 254.202 1.004
201906 0.777 256.143 1.002
201909 0.792 256.759 1.019
201912 0.797 256.974 1.024
202003 0.743 258.115 0.951
202006 0.641 257.797 0.821
202009 0.644 260.280 0.817
202012 0.698 260.474 0.885
202103 0.676 264.877 0.843
202106 0.668 271.696 0.812
202109 0.649 274.310 0.781
202112 0.668 278.802 0.791
202203 0.675 287.504 0.775
202206 0.688 296.311 0.767
202209 0.699 296.808 0.778
202212 0.706 296.797 0.785
202303 0.710 301.836 0.777
202306 0.715 305.109 0.774
202309 0.713 307.789 0.765
202312 0.629 306.746 0.677
202403 0.633 312.332 0.669
202406 0.608 314.175 0.639
202409 0.581 315.301 0.608
202412 0.445 315.605 0.466
202503 0.431 319.799 0.445
202506 0.412 322.561 0.422
202509 0.373 324.800 0.379
202512 0.361 324.054 0.368
202603 0.350 330.213 0.350

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 ฿0.88 mean?
Zalekta PCL (BKK:ZAA) has a Cyclically Adjusted Book per Share of ฿0.88 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 Zalekta PCL and its competitors.
Is Zalekta PCL's Cyclically Adjusted Book per Share too high?
Zalekta PCL's current Cyclically Adjusted Book per Share is ฿0.88. Overall, Zalekta PCL has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zalekta PCL's Cyclically Adjusted Book per Share compare to NFLX and DIS?
Zalekta PCL's Cyclically Adjusted Book per Share of ฿0.88 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified 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 Zalekta PCL and its competitors. Zalekta PCL's current Cyclically Adjusted Book per Share is ฿0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalekta PCL stock overvalued right now?
Based on GuruFocus' analysis, Zalekta PCL (BKK:ZAA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.43, compared to a current price of ฿1.69 — trading 18.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿0.88. Zalekta PCL's overall GF Score™ is 57/100 with 2 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 Zalekta PCL (BKK:ZAA), the current Cyclically Adjusted Book per Share is ฿0.88 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 Zalekta PCL (BKK:ZAA) Overvalued in 2026?

Based on GuruFocus' analysis, Zalekta PCL stock appears to be overvalued. The current stock price of ฿1.69 is trading 18.2% above its estimated GF Value™ of ฿1.43. GuruFocus considers Zalekta PCL to be Modestly Overvalued.

Key valuation signals for BKK:ZAA:

  • Cyclically Adjusted Book per Share: ฿0.88
  • GF Value™: ฿1.43 vs. price of ฿1.69 (18.2% above fair value)
  • GF Score™: 57/100 with 2 warning signs

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


Zalekta PCL Business Description

Address Ploenchit Road, 29 Vanissa Building Tower B, 15th Floor, Unit B, Soi Chidlom, Lumpini, Pathumwan, Bangkok, THA, 10330
Zalekta PCL is engaged in the business of providing media, marketing services, and distribution of film rights, film production, and e-commerce and event management services. The company's segment includes four reportable segments which are Film rights distribution, Film production and related business, E-commerce and event management service, and Others. The company generates the majority of its revenue from the E-commerce and event management service segment.
57GF Score

Get the complete analysis for BKK:ZAA

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

฿1.69
Price
฿1.43
GF Value