BDULF (Bangkok Dusit Medical Services PCL) Cyclically Adjusted PB Ratio: 2.54 (As of Jul. 28, 2026) — 56% Below Median

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BDULF Bangkok Dusit Medical Services PCL BDULF
68 GF Score
Price $0.56
GF Value $0.97
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Bangkok Dusit Medical Services PCL Cyclically Adjusted PB Ratio?

Bangkok Dusit Medical Services PCL BDULF 68 Cyclically Adjusted PB Ratio is 2.54 as of Jul. 28, 2026, which is 56% below its 10-year median of 5.78. GuruFocus rates BDULF with a GF Score™ of 68/100 and a GF Value™ of $0.97 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 356 Healthcare Providers & Services companies, Bangkok Dusit Medical Services PCL ranks worse than 70.79% on this metric.

As of today (2026-07-28), Bangkok Dusit Medical Services PCL's current share price is $0.5596. Bangkok Dusit Medical Services PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.22. Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio for today is 2.54.

The historical rank and industry rank for Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BDULF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.93   Med: 5.78   Max: 10.11
Current: 3.07

During the past years, Bangkok Dusit Medical Services PCL's highest Cyclically Adjusted PB Ratio was 10.11. The lowest was 2.93. And the median was 5.78.

BDULF's Cyclically Adjusted PB Ratio is ranked worse than
70.79% of 356 companies
in the Healthcare Providers & Services industry
Industry Median: 1.83 vs BDULF: 3.07

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.

Bangkok Dusit Medical Services PCL's adjusted book value per share data for the three months ended in Mar. 2026 was $0.215. 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 $0.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Dusit Medical Services PCL  (OTCPK:BDULF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Bangkok Dusit Medical Services PCL Cyclically Adjusted PB Ratio Related Terms


Bangkok Dusit Medical Services PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio 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.

Bangkok Dusit Medical Services PCL Cyclically Adjusted PB Ratio Chart

Bangkok Dusit Medical Services PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.39 6.03 5.31 4.36 3.22

Bangkok Dusit Medical Services 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 PB Ratio 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 3.79 3.55 3.44 3.22 3.06

BDULF vs HCA, THC, DVA: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Bangkok Dusit Medical Services 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.


Bangkok Dusit Medical Services PCL Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio falls into.


BDULF
68GF Score
Bangkok Dusit Medical Services PCL BDULF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Dusit Medical Services PCL Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.5596/0.22
=2.54

* 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.

Bangkok Dusit Medical Services PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bangkok Dusit Medical Services 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)
=0.215/330.2130*330.2130
=0.215

Current CPI (Mar. 2026) = 330.2130.

Bangkok Dusit Medical Services PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.099 241.018 0.136
201609 0.102 241.428 0.140
201612 0.101 241.432 0.138
201703 0.107 243.801 0.145
201706 0.111 244.955 0.150
201709 0.115 246.819 0.154
201712 0.125 246.524 0.167
201803 0.136 249.554 0.180
201806 0.130 251.989 0.170
201809 0.135 252.439 0.177
201812 0.137 251.233 0.180
201903 0.157 254.202 0.204
201906 0.159 256.143 0.205
201909 0.167 256.759 0.215
201912 0.175 256.974 0.225
202003 0.158 258.115 0.202
202006 0.164 257.797 0.210
202009 0.166 260.280 0.211
202012 0.184 260.474 0.233
202103 0.182 264.877 0.227
202106 0.164 271.696 0.199
202109 0.153 274.310 0.184
202112 0.157 278.802 0.186
202203 0.165 287.504 0.190
202206 0.157 296.311 0.175
202209 0.146 296.808 0.162
202212 0.163 296.797 0.181
202303 0.170 301.836 0.186
202306 0.165 305.109 0.179
202309 0.158 307.789 0.170
202312 0.172 306.746 0.185
202403 0.175 312.332 0.185
202406 0.167 314.175 0.176
202409 0.182 315.301 0.191
202412 0.184 315.605 0.193
202503 0.195 319.799 0.201
202506 0.196 322.561 0.201
202509 0.197 324.800 0.200
202512 0.211 324.054 0.215
202603 0.215 330.213 0.215

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 2.54 mean?
Bangkok Dusit Medical Services PCL (BDULF) has a Cyclically Adjusted PB Ratio of 2.54 as of Jul. 28, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bangkok Dusit Medical Services PCL and its competitors. This is 56% below median its historical median of 5.78. Over the past decade, Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio has ranged from 2.93 to 10.11. According to the industry distribution chart, Bangkok Dusit Medical Services PCL ranks #252 out of 356 companies in the Healthcare Providers & Services industry, placing it in the top 70.8%.
Is Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio too high?
Bangkok Dusit Medical Services PCL's current Cyclically Adjusted PB Ratio of 2.54 is 56% below median its 10-year median of 5.78. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 10.11. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.83. Bangkok Dusit Medical Services PCL's value of 2.54 is 38.8% above this industry median. Based on the distribution chart, Bangkok Dusit Medical Services PCL ranks #252 out of 356 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Bangkok Dusit Medical Services PCL has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Bangkok Dusit Medical Services PCL ranks #252 out of 356 companies for Cyclically Adjusted PB Ratio. This places Bangkok Dusit Medical Services PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.83. Bangkok Dusit Medical Services PCL's value of 2.54 is 38.8% above this benchmark. Historically, Bangkok Dusit Medical Services PCL's own Cyclically Adjusted PB Ratio has ranged from 2.93 to 10.11 over the past decade. While the company's 10-year median is 5.78 vs. the industry median of 1.83, Bangkok Dusit Medical Services PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.83, based on 356 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bangkok Dusit Medical Services PCL's current Cyclically Adjusted PB Ratio of 2.54 is 38.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bangkok Dusit Medical Services PCL and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Dusit Medical Services PCL's current Cyclically Adjusted PB Ratio is 2.54, which is 56% below median its own 10-year median of 5.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Dusit Medical Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Dusit Medical Services PCL (BDULF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.97, compared to a current price of $0.56 — trading 42.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.54, which is 56% below median its 10-year median of 5.78 and 38.8% above the Healthcare Providers & Services industry median of 1.83. Bangkok Dusit Medical Services PCL's overall GF Score™ is 68/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Bangkok Dusit Medical Services PCL (BDULF), the current Cyclically Adjusted PB Ratio is 2.54 as of Jul. 28, 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 Bangkok Dusit Medical Services PCL (BDULF) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Dusit Medical Services PCL stock appears to be undervalued. The current stock price of $0.56 is trading 42.3% below its estimated GF Value™ of $0.97. GuruFocus considers Bangkok Dusit Medical Services PCL to be Significantly Undervalued.

Key valuation signals for BDULF:

  • Cyclically Adjusted PB Ratio: 2.54 (56% below median its 10-year median of 5.78)
  • GF Value™: $0.97 vs. price of $0.56 (42.3% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 38.8% above the Healthcare Providers & Services median (#252 of 356)

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


Bangkok Dusit Medical Services PCL Business Description

Address New Petchburi Road, 2, Soi Soonvijai 7, Bang Kapi, Huaykwang, Bangkok, THA, 10310
Bangkok Dusit Medical Services PCL operates a network of private hospitals in Thailand and some overseas markets, under the Bangkok Hospital, Phyathai Hospital, Samitivej Hospital, Paolo Hospital, BNH Hospital, and Royal International Hospital brands. The company has two business segments, namely hospital operations and other businesses that support hospital business, such as medical laboratories, production and distribution of pharmaceutical products/medical equipment/saline, pharmacies, asset management for healthcare business, accounting services, technology and information services, training business, and insurance broker. The company's hospital operations generate the vast majority of its revenue.
68GF Score

Get the complete analysis for BDULF

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

$0.56
Price
$0.97
GF Value