Asian Sea PCL (BKK:ASIAN) Cyclically Adjusted PB Ratio: 1.26 (As of Aug. 02, 2026) — 32% Below 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:ASIAN Asian Sea Corp PCL BKK:ASIAN
72 GF Score
Price ฿7.50
GF Value ฿7.34
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Asian Sea PCL Cyclically Adjusted PB Ratio?

Asian Sea PCL BKK:ASIAN +0.67% 72 Cyclically Adjusted PB Ratio is 1.26 as of Aug. 02, 2026, which is 32% below its 10-year median of 1.85. GuruFocus rates BKK:ASIAN with a GF Score™ of 72/100 and a GF Value™ of ฿7.34 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,425 Consumer Packaged Goods companies, Asian Sea PCL ranks worse than 50.11% on this metric.

As of today (2026-08-02), Asian Sea PCL's current share price is ฿7.50. Asian Sea PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿5.97. Asian Sea PCL's Cyclically Adjusted PB Ratio for today is 1.26.

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

BKK:ASIAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.85   Max: 6.71
Current: 1.25

During the past years, Asian Sea PCL's highest Cyclically Adjusted PB Ratio was 6.71. The lowest was 0.66. And the median was 1.85.

BKK:ASIAN's Cyclically Adjusted PB Ratio is ranked worse than
50.11% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 1.24 vs BKK:ASIAN: 1.25

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.

Asian Sea PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿7.940. 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 ฿5.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Sea PCL  (BKK:ASIAN) 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.


Asian Sea PCL Cyclically Adjusted PB Ratio Related Terms


Asian Sea PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asian Sea 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.

Asian Sea PCL Cyclically Adjusted PB Ratio Chart

Asian Sea 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 5.17 3.47 1.53 1.56 1.25

Asian Sea 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 1.49 1.25 1.29 1.25 1.17

BKK:ASIAN vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Asian Sea 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.


Asian Sea PCL Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Sea PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:ASIAN
72GF Score
Asian Sea Corp PCL BKK:ASIAN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Sea 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.

Asian Sea PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.50/5.97
=1.26

* 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.

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

For example, Asian Sea 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)
=7.94/330.2130*330.2130
=7.940

Current CPI (Mar. 2026) = 330.2130.

Asian Sea PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.531 241.018 3.468
201609 2.552 241.428 3.490
201612 2.724 241.432 3.726
201703 2.854 243.801 3.866
201706 2.876 244.955 3.877
201709 4.484 246.819 5.999
201712 3.118 246.524 4.176
201803 3.151 249.554 4.169
201806 3.098 251.989 4.060
201809 3.278 252.439 4.288
201812 3.397 251.233 4.465
201903 3.470 254.202 4.508
201906 3.396 256.143 4.378
201909 3.436 256.759 4.419
201912 3.452 256.974 4.436
202003 3.553 258.115 4.545
202006 3.785 257.797 4.848
202009 4.038 260.280 5.123
202012 4.297 260.474 5.447
202103 4.563 264.877 5.689
202106 4.559 271.696 5.541
202109 4.645 274.310 5.592
202112 4.968 278.802 5.884
202203 5.272 287.504 6.055
202206 5.197 296.311 5.792
202209 5.246 296.808 5.836
202212 7.762 296.797 8.636
202303 7.824 301.836 8.560
202306 7.443 305.109 8.055
202309 7.554 307.789 8.104
202312 7.674 306.746 8.261
202403 7.979 312.332 8.436
202406 8.001 314.175 8.409
202409 7.857 315.301 8.229
202412 7.977 315.605 8.346
202503 8.226 319.799 8.494
202506 7.855 322.561 8.041
202509 7.618 324.800 7.745
202512 7.785 324.054 7.933
202603 7.940 330.213 7.940

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 1.26 mean?
Asian Sea PCL (BKK:ASIAN) has a Cyclically Adjusted PB Ratio of 1.26 as of Aug. 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 Asian Sea PCL and its competitors. This is 32% below median its historical median of 1.85. Over the past decade, Asian Sea PCL's Cyclically Adjusted PB Ratio has ranged from 0.66 to 6.71. According to the industry distribution chart, Asian Sea PCL ranks #714 out of 1425 companies in the Consumer Packaged Goods industry, placing it in the top 50.1%.
Is Asian Sea PCL's Cyclically Adjusted PB Ratio too high?
Asian Sea PCL's current Cyclically Adjusted PB Ratio of 1.26 is 32% below median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 6.71. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.24. Asian Sea PCL's value of 1.26 is 1.6% above this industry median. Based on the distribution chart, Asian Sea PCL ranks #714 out of 1425 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Asian Sea PCL has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asian Sea PCL's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Asian Sea PCL ranks #714 out of 1425 companies for Cyclically Adjusted PB Ratio. This places Asian Sea PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Asian Sea PCL's value of 1.26 is 1.6% above this benchmark. Historically, Asian Sea PCL's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 6.71 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 1.24, Asian Sea 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.24, based on 1,425 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. Asian Sea PCL's current Cyclically Adjusted PB Ratio of 1.26 is 1.6% 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 Asian Sea PCL and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Sea PCL's current Cyclically Adjusted PB Ratio is 1.26, which is 32% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Sea PCL stock overvalued right now?
Based on GuruFocus' analysis, Asian Sea PCL (BKK:ASIAN) is currently considered Fairly Valued. The stock's GF Value™ is ฿7.34, compared to a current price of ฿7.50 — trading 2.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.26, which is 32% below median its 10-year median of 1.85 and 1.6% above the Consumer Packaged Goods industry median of 1.24. Asian Sea PCL's overall GF Score™ is 72/100 with 6 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 Asian Sea PCL (BKK:ASIAN), the current Cyclically Adjusted PB Ratio is 1.26 as of Aug. 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 Asian Sea PCL (BKK:ASIAN) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Sea PCL stock appears to be overvalued. The current stock price of ฿7.50 is trading 2.2% above its estimated GF Value™ of ฿7.34. GuruFocus considers Asian Sea PCL to be Fairly Valued.

Key valuation signals for BKK:ASIAN:

  • Cyclically Adjusted PB Ratio: 1.26 (32% below median its 10-year median of 1.85)
  • GF Value™: ฿7.34 vs. price of ฿7.50 (2.2% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 1.6% above the Consumer Packaged Goods median (#714 of 1425)

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


Asian Sea PCL Business Description

Address 55/2 Moo 2, Rama 2 Road, Bang Krachao Subdistrict, Mueang District, Samut Sakhon, THA, 74000
Asian Sea Corp PCL is principally engaged in the production of processed frozen seafood and provision of cold storage services. The company operates in reportable segments as follows: Frozen and packaged food products, Feedstuff and Other business is cold storage services. The majority of the company's revenue is derived from the Frozen and packaged food products segment. Geographically, it generates the maximum revenue from the United States of America and the rest from Thailand, the United Kingdom, Italy, Japan and Others.
72GF Score

Get the complete analysis for BKK:ASIAN

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

฿7.50
Price
฿7.34
GF Value