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Bangkok Commercial Asset Management PCLBKK:BAM 61 Cyclically Adjusted PB Ratio is 0.41 as of Jul. 25, 2026, which is 13% below its 10-year median of 0.47. GuruFocus rates BKK:BAM with a GF Score™ of 61/100 and a GF Value™ of ฿7.23 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,000 Asset Management companies, Bangkok Commercial Asset Management PCL ranks better than 81.9% on this metric.
BKK:BAM'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.47 Max: 0.48
Current: 0.42
During the past 10 years, Bangkok Commercial Asset Management PCL's highest Cyclically Adjusted PB Ratio was 0.48. The lowest was 0.41. And the median was 0.47.
BKK:BAM's Cyclically Adjusted PB Ratio is ranked better than 81.9% of 1000
companies
in the Asset Management industry
Industry Median: 0.85
vs BKK:BAM: 0.42
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 Commercial Asset Management PCL's adjusted book value per share data of for the fiscal year that ended in Dec25 was ฿13.896. 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 ฿16.50 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
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 Commercial Asset Management PCL Cyclically Adjusted PB Ratio Related Terms
Bangkok Commercial Asset Management PCL Cyclically Adjusted PB Ratio Historical Data
* 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 Commercial Asset Management PCL Cyclically Adjusted PB Ratio Chart
Bangkok Commercial Asset Management PCL Annual Data
BKK:BAM vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison
For the Asset Management subindustry, Bangkok Commercial Asset Management 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 Commercial Asset Management PCL Cyclically Adjusted PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Bangkok Commercial Asset Management PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Bangkok Commercial Asset Management PCL's Cyclically Adjusted PB Ratio falls into.
Bangkok Commercial Asset Management 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.
* 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.
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 0.41 mean?
Bangkok Commercial Asset Management PCL (BKK:BAM) has a Cyclically Adjusted PB Ratio of 0.41 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 Bangkok Commercial Asset Management PCL and its competitors. This is 13% below median its historical median of 0.47. Over the past decade, Bangkok Commercial Asset Management PCL's Cyclically Adjusted PB Ratio has ranged from 0.41 to 0.48. According to the industry distribution chart, Bangkok Commercial Asset Management PCL ranks #181 out of 1000 companies in the Asset Management industry, placing it in the top 18.1%.
Is Bangkok Commercial Asset Management PCL's Cyclically Adjusted PB Ratio too high?
Bangkok Commercial Asset Management PCL's current Cyclically Adjusted PB Ratio of 0.41 is 13% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.48. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Bangkok Commercial Asset Management PCL's value of 0.41 is 51.8% below this industry median. Based on the distribution chart, Bangkok Commercial Asset Management PCL ranks #181 out of 1000 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Bangkok Commercial Asset Management PCL has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Commercial Asset Management PCL's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Bangkok Commercial Asset Management PCL ranks #181 out of 1000 companies for Cyclically Adjusted PB Ratio. This places Bangkok Commercial Asset Management PCL in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.85. Bangkok Commercial Asset Management PCL's value of 0.41 is 51.8% below this benchmark. Historically, Bangkok Commercial Asset Management PCL's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 0.48 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.85, Bangkok Commercial Asset Management 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 Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,000 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 Commercial Asset Management PCL's current Cyclically Adjusted PB Ratio of 0.41 is 51.8% 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 Bangkok Commercial Asset Management PCL and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Commercial Asset Management PCL's current Cyclically Adjusted PB Ratio is 0.41, which is 13% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Commercial Asset Management PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Commercial Asset Management PCL (BKK:BAM) is currently considered Fairly Valued. The stock's GF Value™ is ฿7.23, compared to a current price of ฿6.80 — trading 5.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is 13% below median its 10-year median of 0.47 and 51.8% below the Asset Management industry median of 0.85. Bangkok Commercial Asset Management PCL's overall GF Score™ is 61/100 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 Bangkok Commercial Asset Management PCL (BKK:BAM), the current Cyclically Adjusted PB Ratio is 0.41 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 Bangkok Commercial Asset Management PCL (BKK:BAM) Overvalued in 2026?
Based on GuruFocus' analysis, Bangkok Commercial Asset Management PCL stock appears to be undervalued.
The current stock price of ฿6.80 is trading 5.9% below its estimated GF Value™ of ฿7.23.
GuruFocus considers Bangkok Commercial Asset Management PCL to be Fairly Valued.
Key valuation signals for BKK:BAM:
Cyclically Adjusted PB Ratio: 0.41 (13% below median its 10-year median of 0.47)
GF Value™: ฿7.23 vs. price of ฿6.80 (5.9% below fair value)
Industry Position: 51.8% below the Asset Management median (#181 of 1000)
No single metric tells the full story. See the BKK:BAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bangkok Commercial Asset Management PCL Business Description
Bangkok Commercial Asset Management PCL engages in purchasing or receiving transfers of non-performing loans (NPLs) and non-performing assets (NPAs) for management and disposal. The Company focuses on asset management operations conducted only in Thailand. Its services include acquiring NPLs from financial institutions and managing them mainly through debt negotiation. It also acquires NPAs from financial institutions, including assets from debt settlements and collateral purchased at auctions from the Legal Execution Department, and adds value by improving and developing properties to make them ready for occupancy for target customers.
61GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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