Ama Marine PCL (BKK:AMA) Cyclically Adjusted PB Ratio: 0.73 (As of Jul. 25, 2026) — Near Median

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.

BKK:AMA Ama Marine PCL BKK:AMA
78 GF Score
Price ฿3.86
GF Value ฿3.81
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Ama Marine PCL Cyclically Adjusted PB Ratio?

Ama Marine PCL BKK:AMA +1.05% 78 Cyclically Adjusted PB Ratio is 0.73 as of Jul. 25, 2026, which is 8% below its 10-year median of 0.79. GuruFocus rates BKK:AMA with a GF Score™ of 78/100 and a GF Value™ of ฿3.81 (Fairly Valued). The stock has 5 warning signs investors should review. Among 738 Transportation companies, Ama Marine PCL ranks better than 75.75% on this metric.

As of today (2026-07-25), Ama Marine PCL's current share price is ฿3.86. Ama Marine PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿5.31. Ama Marine PCL's Cyclically Adjusted PB Ratio for today is 0.73.

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

BKK:AMA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.79   Max: 0.88
Current: 0.72

During the past years, Ama Marine PCL's highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.72. And the median was 0.79.

BKK:AMA's Cyclically Adjusted PB Ratio is ranked better than
75.75% of 738 companies
in the Transportation industry
Industry Median: 1.265 vs BKK:AMA: 0.72

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.

Ama Marine PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿5.757. 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 ฿5.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ama Marine PCL  (BKK:AMA) 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.


Ama Marine PCL Cyclically Adjusted PB Ratio Related Terms


Ama Marine PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ama Marine 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.

Ama Marine PCL Cyclically Adjusted PB Ratio Chart

Ama Marine 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 0.00 0.00 0.00 0.00 0.78

Ama Marine 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 0.00 0.82 0.84 0.78 0.73

Ama Marine PCL Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Ama Marine 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.


Ama Marine PCL Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Ama Marine PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:AMA
78GF Score
Ama Marine PCL BKK:AMA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ama Marine 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.

Ama Marine PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.86/5.31
=0.73

* 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.

Ama Marine PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ama Marine 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)
=5.757/330.2130*330.2130
=5.757

Current CPI (Mar. 2026) = 330.2130.

Ama Marine PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 1.874 241.428 2.563
201612 0.608 241.432 0.832
201703 4.009 243.801 5.430
201706 3.811 244.955 5.137
201709 3.825 246.819 5.117
201712 3.983 246.524 5.335
201803 3.841 249.554 5.082
201806 3.917 251.989 5.133
201809 3.884 252.439 5.081
201812 3.967 251.233 5.214
201903 3.935 254.202 5.112
201906 3.865 256.143 4.983
201909 3.940 256.759 5.067
201912 3.993 256.974 5.131
202003 4.043 258.115 5.172
202006 3.986 257.797 5.106
202009 4.192 260.280 5.318
202012 4.114 260.474 5.215
202103 4.252 264.877 5.301
202106 4.217 271.696 5.125
202109 4.492 274.310 5.407
202112 4.546 278.802 5.384
202203 4.520 287.504 5.191
202206 4.864 296.311 5.421
202209 5.512 296.808 6.132
202212 5.408 296.797 6.017
202303 5.508 301.836 6.026
202306 5.520 305.109 5.974
202309 5.798 307.789 6.220
202312 5.560 306.746 5.985
202403 5.902 312.332 6.240
202406 5.943 314.175 6.246
202409 5.348 315.301 5.601
202412 5.741 315.605 6.007
202503 5.863 319.799 6.054
202506 5.573 322.561 5.705
202509 5.620 324.800 5.714
202512 5.557 324.054 5.663
202603 5.757 330.213 5.757

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 0.73 mean?
Ama Marine PCL (BKK:AMA) has a Cyclically Adjusted PB Ratio of 0.73 as of Jul. 25, 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 Ama Marine PCL and its competitors. This is near median its historical median of 0.79. Over the past decade, Ama Marine PCL's Cyclically Adjusted PB Ratio has ranged from 0.72 to 0.88. According to the industry distribution chart, Ama Marine PCL ranks #179 out of 738 companies in the Transportation industry, placing it in the top 24.3%.
Is Ama Marine PCL's Cyclically Adjusted PB Ratio too high?
Ama Marine PCL's current Cyclically Adjusted PB Ratio of 0.73 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 0.88. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Ama Marine PCL's value of 0.73 is 42.3% below this industry median. Based on the distribution chart, Ama Marine PCL ranks #179 out of 738 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Ama Marine PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ama Marine PCL's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Ama Marine PCL ranks #179 out of 738 companies for Cyclically Adjusted PB Ratio. This places Ama Marine PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Ama Marine PCL's value of 0.73 is 42.3% below this benchmark. Historically, Ama Marine PCL's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 0.88 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.27, Ama Marine 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 738 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. Ama Marine PCL's current Cyclically Adjusted PB Ratio of 0.73 is 42.3% 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 Ama Marine PCL and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ama Marine PCL's current Cyclically Adjusted PB Ratio is 0.73, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ama Marine PCL stock overvalued right now?
Based on GuruFocus' analysis, Ama Marine PCL (BKK:AMA) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.81, compared to a current price of ฿3.86 — trading 1.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is near median its 10-year median of 0.79 and 42.3% below the Transportation industry median of 1.27. Ama Marine PCL's overall GF Score™ is 78/100 with 5 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 Ama Marine PCL (BKK:AMA), the current Cyclically Adjusted PB Ratio is 0.73 as of Jul. 25, 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 Ama Marine PCL (BKK:AMA) Overvalued in 2026?

Based on GuruFocus' analysis, Ama Marine PCL stock appears to be overvalued. The current stock price of ฿3.86 is trading 1.3% above its estimated GF Value™ of ฿3.81. GuruFocus considers Ama Marine PCL to be Fairly Valued.

Key valuation signals for BKK:AMA:

  • Cyclically Adjusted PB Ratio: 0.73 (near median its 10-year median of 0.79)
  • GF Value™: ฿3.81 vs. price of ฿3.86 (1.3% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 42.3% below the Transportation median (#179 of 738)

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


Ama Marine PCL Business Description

Address Room No. TNA02, TNA03, Rama 9 Road, 33/4 The Nine Tower A, 33rd Floor, Huaykwang, Bangkok, THA, 10310
Ama Marine PCL is engaged in the provision of marine transportation services in the Southeast Asia region. It operates through two segments namely Marine transportation services segment which rendered in the Southeast Asia region and Logistic services segment virtually in Thailand by transportation of fuel oil and gas. It provides international liquid logistic services by tankers for various liquid products, including palm oil, vegetable oil, and other chemicals.
78GF Score

Get the complete analysis for BKK:AMA

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

฿3.86
Price
฿3.81
GF Value