ASIA Capital Group PCL (BKK:ACAP) Cyclically Adjusted PB Ratio: 0.14 (As of Jul. 22, 2026) — 36% Below Median

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BKK:ACAP ASIA Capital Group PCL BKK:ACAP
12 GF Score
Price ฿0.33
GF Value ฿0.68
! 4 Warning Signs
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What is ASIA Capital Group PCL Cyclically Adjusted PB Ratio?

ASIA Capital Group PCL BKK:ACAP 12 Cyclically Adjusted PB Ratio is 0.14 as of Jul. 22, 2026, which is 36% below its 10-year median of 0.22. GuruFocus rates BKK:ACAP with a GF Score™ of 12/100 and a GF Value™ of ฿0.68. The stock has 4 warning signs investors should review.

As of today (2026-07-22), ASIA Capital Group PCL's current share price is ฿0.33. ASIA Capital Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 was ฿2.44. ASIA Capital Group PCL's Cyclically Adjusted PB Ratio for today is 0.14.

The historical rank and industry rank for ASIA Capital Group PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:ACAP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.22   Max: 5.76
Current: 0.14

During the past years, ASIA Capital Group PCL's highest Cyclically Adjusted PB Ratio was 5.76. The lowest was 0.11. And the median was 0.22.

BKK:ACAP's Cyclically Adjusted PB Ratio is not ranked
in the Credit Services industry.
Industry Median: 0.96 vs BKK:ACAP: 0.14

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.

ASIA Capital Group PCL's adjusted book value per share data for the three months ended in Sep. 2025 was ฿2.235. 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 ฿2.44 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASIA Capital Group PCL  (BKK:ACAP) 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.


ASIA Capital Group PCL Cyclically Adjusted PB Ratio Related Terms


ASIA Capital Group PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ASIA Capital Group 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.

ASIA Capital Group PCL Cyclically Adjusted PB Ratio Chart

ASIA Capital Group PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.38 0.27 0.12 0.13

ASIA Capital Group PCL Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.13 0.13 0.13 0.13 0.14

BKK:ACAP vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, ASIA Capital Group 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.


ASIA Capital Group PCL Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, ASIA Capital Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:ACAP
12GF Score
ASIA Capital Group PCL BKK:ACAP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ASIA Capital Group 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.

ASIA Capital Group PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.33/2.44
=0.14

* 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.

ASIA Capital Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, ASIA Capital Group PCL's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=2.235/324.8000*324.8000
=2.235

Current CPI (Sep. 2025) = 324.8000.

ASIA Capital Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201512 2.588 236.525 3.554
201603 2.651 238.132 3.616
201606 2.754 241.018 3.711
201609 2.948 241.428 3.966
201612 3.014 241.432 4.055
201703 3.244 243.801 4.322
201706 3.482 244.955 4.617
201709 3.663 246.819 4.820
201712 3.734 246.524 4.920
201803 3.905 249.554 5.082
201806 3.785 251.989 4.879
201809 3.611 252.439 4.646
201812 3.683 251.233 4.761
201903 4.075 254.202 5.207
201906 4.090 256.143 5.186
201909 3.841 256.759 4.859
201912 3.458 256.974 4.371
202003 2.078 258.115 2.615
202006 1.838 257.797 2.316
202009 1.460 260.280 1.822
202012 1.073 260.474 1.338
202103 0.870 264.877 1.067
202106 0.680 271.696 0.813
202109 0.258 274.310 0.305
202112 0.361 278.802 0.421
202203 0.005 287.504 0.006
202206 -0.686 296.311 -0.752
202209 -1.086 296.808 -1.188
202212 0.058 296.797 0.063
202303 -0.008 301.836 -0.009
202306 -0.213 305.109 -0.227
202309 0.212 307.789 0.224
202312 1.367 306.746 1.447
202403 0.850 312.332 0.884
202406 0.687 314.175 0.710
202409 0.792 315.301 0.816
202412 2.024 315.605 2.083
202503 1.951 319.799 1.982
202506 1.851 322.561 1.864
202509 2.235 324.800 2.235

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 0.14 mean?
ASIA Capital Group PCL (BKK:ACAP) has a Cyclically Adjusted PB Ratio of 0.14 as of Jul. 22, 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 ASIA Capital Group PCL and its competitors. This is 36% below median its historical median of 0.22. Over the past decade, ASIA Capital Group PCL's Cyclically Adjusted PB Ratio has ranged from 0.11 to 5.76.
Is ASIA Capital Group PCL's Cyclically Adjusted PB Ratio too high?
ASIA Capital Group PCL's current Cyclically Adjusted PB Ratio of 0.14 is 36% below median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 5.76. The Credit Services industry median Cyclically Adjusted PB Ratio is 0.96. ASIA Capital Group PCL's value of 0.14 is 85.4% below this industry median. Overall, ASIA Capital Group PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does ASIA Capital Group PCL's Cyclically Adjusted PB Ratio compare to V and MA?
ASIA Capital Group PCL's Cyclically Adjusted PB Ratio of 0.14 can be compared against companies in the Credit Services industry. The industry median Cyclically Adjusted PB Ratio is 0.96. ASIA Capital Group PCL's value of 0.14 is 85.4% below this benchmark. Historically, ASIA Capital Group PCL's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 5.76 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.96, ASIA Capital Group PCL has consistently been below 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 Credit Services company?
The median Cyclically Adjusted PB Ratio among Credit Services companies is 0.96, based on 415 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. ASIA Capital Group PCL's current Cyclically Adjusted PB Ratio of 0.14 is 85.4% below 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 ASIA Capital Group PCL and its competitors. For the Credit Services industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASIA Capital Group PCL's current Cyclically Adjusted PB Ratio is 0.14, which is 36% below median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASIA Capital Group PCL stock overvalued right now?
ASIA Capital Group PCL (BKK:ACAP) has a current Cyclically Adjusted PB Ratio of 0.14. The stock's GF Value™ is ฿0.68, compared to a current price of ฿0.33 — trading 51.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.14, which is 36% below median its 10-year median of 0.22 and 85.4% below the Credit Services industry median of 0.96. ASIA Capital Group PCL's overall GF Score™ is 12/100 with 4 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 ASIA Capital Group PCL (BKK:ACAP), the current Cyclically Adjusted PB Ratio is 0.14 as of Jul. 22, 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 ASIA Capital Group PCL (BKK:ACAP) Overvalued in 2026?

Based on GuruFocus' analysis, ASIA Capital Group PCL stock appears to be undervalued. The current stock price of ฿0.33 is trading 51.5% below its estimated GF Value™ of ฿0.68.

Key valuation signals for BKK:ACAP:

  • Cyclically Adjusted PB Ratio: 0.14 (36% below median its 10-year median of 0.22)
  • GF Value™: ฿0.68 vs. price of ฿0.33 (51.5% below fair value)
  • GF Score™: 12/100 with 4 warning signs
  • Industry Position: 85.4% below the Credit Services median

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


ASIA Capital Group PCL Business Description

Address On Nut Road, No. 486 Building E 2, 2nd Floor, On Nut Subdistrict, Suan Luang District, Bangkok, THA, 10250
ASIA Capital Group PCL is a company engaged in the provision of financial advisory services. The company operates through two segments namely Lending and Factoring, Develop property for sale and Property rental services. Its Lending services offer personal and business loans. In addition, it provides debt restructuring, preparation, and management of rehabilitation plans, fundraising, financial restructuring, seeking strategic alliances, purchase and sales, and merger and acquisition. Further, it is also involved in the factoring business.
12GF Score

Get the complete analysis for BKK:ACAP

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

฿0.33
Price
฿0.68
GF Value