Ekarat Engineering PCL (BKK:AKR-R) Cyclically Adjusted PB Ratio: 0.88 (As of Sep. 02, 2026) — 14% Above Median

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BKK:AKR-R Ekarat Engineering PCL BKK:AKR-R
57 GF Score
Price ฿0.95
GF Value ฿0.75
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Ekarat Engineering PCL Cyclically Adjusted PB Ratio?

Ekarat Engineering PCL BKK:AKR-R -1.04% 57 Cyclically Adjusted PB Ratio is 0.88 as of Sep. 02, 2026, which is 14% above its 10-year median of 0.77. GuruFocus rates BKK:AKR-R with a GF Score™ of 57/100 and a GF Value™ of ฿0.75 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,104 Industrial Products companies, Ekarat Engineering PCL ranks better than 78.47% on this metric.

As of today (2026-09-02), Ekarat Engineering PCL's current share price is ฿0.95. Ekarat Engineering PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿1.08. Ekarat Engineering PCL's Cyclically Adjusted PB Ratio for today is 0.88.

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

BKK:AKR-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.77   Max: 1.1
Current: 0.89

During the past years, Ekarat Engineering PCL's highest Cyclically Adjusted PB Ratio was 1.10. The lowest was 0.24. And the median was 0.77.

BKK:AKR-R's Cyclically Adjusted PB Ratio is ranked better than
78.47% of 2104 companies
in the Industrial Products industry
Industry Median: 2.16 vs BKK:AKR-R: 0.89

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.

Ekarat Engineering PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿1.131. 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 ฿1.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ekarat Engineering PCL  (BKK:AKR-R) 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.


Ekarat Engineering PCL Cyclically Adjusted PB Ratio Related Terms


Ekarat Engineering PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ekarat Engineering 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.

Ekarat Engineering PCL Cyclically Adjusted PB Ratio Chart

Ekarat Engineering 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 0.63 0.91 0.81 0.98 0.83

Ekarat Engineering PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.87 0.91 0.83 0.85 0.85

BKK:AKR-R vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Ekarat Engineering 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.


Ekarat Engineering PCL Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ekarat Engineering PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:AKR-R
57GF Score
Ekarat Engineering PCL BKK:AKR-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ekarat Engineering 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.

Ekarat Engineering PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.95/1.08
=0.88

* 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.

Ekarat Engineering PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ekarat Engineering PCL's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.131/333.9520*333.9520
=1.131

Current CPI (Jun. 2026) = 333.9520.

Ekarat Engineering PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.921 241.428 1.274
201612 0.886 241.432 1.226
201703 0.868 243.801 1.189
201706 0.828 244.955 1.129
201709 0.882 246.819 1.193
201712 0.894 246.524 1.211
201803 0.889 249.554 1.190
201806 0.853 251.989 1.130
201809 0.858 252.439 1.135
201812 0.656 251.233 0.872
201903 0.643 254.202 0.845
201906 0.683 256.143 0.890
201909 0.697 256.759 0.907
201912 0.725 256.974 0.942
202003 0.721 258.115 0.933
202006 0.727 257.797 0.942
202009 0.747 260.280 0.958
202012 0.791 260.474 1.014
202103 0.809 264.877 1.020
202106 0.833 271.696 1.024
202109 0.847 274.310 1.031
202112 0.862 278.802 1.033
202203 0.884 287.504 1.027
202206 0.879 296.311 0.991
202209 0.900 296.808 1.013
202212 0.926 296.797 1.042
202303 0.971 301.836 1.074
202306 0.930 305.109 1.018
202309 0.969 307.789 1.051
202312 1.016 306.746 1.106
202403 1.042 312.332 1.114
202406 1.003 314.175 1.066
202409 1.059 315.301 1.122
202412 1.141 315.605 1.207
202503 1.203 319.799 1.256
202506 1.116 322.561 1.155
202509 1.118 324.800 1.150
202512 1.155 324.054 1.190
202603 1.160 330.213 1.173
202606 1.131 333.952 1.131

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 0.88 mean?
Ekarat Engineering PCL (BKK:AKR-R) has a Cyclically Adjusted PB Ratio of 0.88 as of Sep. 02, 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 Ekarat Engineering PCL and its competitors. This is 14% above median its historical median of 0.77. Over the past decade, Ekarat Engineering PCL's Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.10. According to the industry distribution chart, Ekarat Engineering PCL ranks #453 out of 2104 companies in the Industrial Products industry, placing it in the top 21.5%.
Is Ekarat Engineering PCL's Cyclically Adjusted PB Ratio too high?
Ekarat Engineering PCL's current Cyclically Adjusted PB Ratio of 0.88 is 14% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.10. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Ekarat Engineering PCL's value of 0.88 is 59.3% below this industry median. Based on the distribution chart, Ekarat Engineering PCL ranks #453 out of 2104 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ekarat Engineering 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 Ekarat Engineering PCL's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ekarat Engineering PCL ranks #453 out of 2104 companies for Cyclically Adjusted PB Ratio. This places Ekarat Engineering PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.16. Ekarat Engineering PCL's value of 0.88 is 59.3% below this benchmark. Historically, Ekarat Engineering PCL's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.10 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 2.16, Ekarat Engineering 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.16, based on 2,104 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. Ekarat Engineering PCL's current Cyclically Adjusted PB Ratio of 0.88 is 59.3% 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 Ekarat Engineering PCL and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ekarat Engineering PCL's current Cyclically Adjusted PB Ratio is 0.88, which is 14% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ekarat Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Ekarat Engineering PCL (BKK:AKR-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.75, compared to a current price of ฿0.95 — trading 26.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.88, which is 14% above median its 10-year median of 0.77 and 59.3% below the Industrial Products industry median of 2.16. Ekarat Engineering PCL's overall GF Score™ is 57/100 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 Ekarat Engineering PCL (BKK:AKR-R), the current Cyclically Adjusted PB Ratio is 0.88 as of Sep. 02, 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 Ekarat Engineering PCL (BKK:AKR-R) Overvalued in 2026?

Based on GuruFocus' analysis, Ekarat Engineering PCL stock appears to be overvalued. The current stock price of ฿0.95 is trading 26.7% above its estimated GF Value™ of ฿0.75. GuruFocus considers Ekarat Engineering PCL to be Modestly Overvalued.

Key valuation signals for BKK:AKR-R:

  • Cyclically Adjusted PB Ratio: 0.88 (14% above median its 10-year median of 0.77)
  • GF Value™: ฿0.75 vs. price of ฿0.95 (26.7% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 59.3% below the Industrial Products median (#453 of 2104)

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


Ekarat Engineering PCL Business Description

Other Exchanges AKR:Thailand
Address 9/291 UM Tower, Ramkhamhaeng Road, 28th Floor, Suanluang, Suanluang, Bangkok, THA, 10250
Ekarat Engineering PCL is engaged in manufacturing and distribution of transformers and solar farms. Its segments include Manufacturing and distribution; Services; and Installation of a solar panel. It derives the majority of the revenue from the Manufacturing and distribution segment.
57GF Score

Get the complete analysis for BKK:AKR-R

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

฿0.95
Price
฿0.75
GF Value