Bangkok Dusit Medical Services PCL (BKK:BDMS) Cyclically Adjusted PB Ratio: 3.08 (As of Sep. 17, 2026) — 47% Below Median

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BKK:BDMS Bangkok Dusit Medical Services PCL BKK:BDMS
96 GF Score
Price ฿20.00
GF Value ฿24.97
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Bangkok Dusit Medical Services PCL Cyclically Adjusted PB Ratio?

Bangkok Dusit Medical Services PCL BKK:BDMS -0.99% 96 Cyclically Adjusted PB Ratio is 3.08 as of Sep. 17, 2026, which is 47% below its 10-year median of 5.77. GuruFocus rates BKK:BDMS with a GF Score™ of 96/100 and a GF Value™ of ฿24.97 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 332 Healthcare Providers & Services companies, Bangkok Dusit Medical Services PCL ranks worse than 74.1% on this metric.

As of today (2026-09-17), Bangkok Dusit Medical Services PCL's current share price is ฿20.00. Bangkok Dusit Medical Services PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿6.50. Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio for today is 3.08.

The historical rank and industry rank for Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:BDMS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.93   Med: 5.77   Max: 10.11
Current: 3.19

During the past years, Bangkok Dusit Medical Services PCL's highest Cyclically Adjusted PB Ratio was 10.11. The lowest was 2.93. And the median was 5.77.

BKK:BDMS's Cyclically Adjusted PB Ratio is ranked worse than
74.1% of 332 companies
in the Healthcare Providers & Services industry
Industry Median: 1.79 vs BKK:BDMS: 3.19

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 Dusit Medical Services PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿6.750. 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 ฿6.50 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Dusit Medical Services PCL  (BKK:BDMS) 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.


Bangkok Dusit Medical Services PCL Cyclically Adjusted PB Ratio Related Terms


Bangkok Dusit Medical Services PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bangkok Dusit Medical Services 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.

Bangkok Dusit Medical Services PCL Cyclically Adjusted PB Ratio Chart

Bangkok Dusit Medical Services 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 4.99 5.60 4.94 4.08 3.02

Bangkok Dusit Medical Services 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 3.42 3.32 3.11 2.95 2.97

BKK:BDMS vs HCA, THC, EHC: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Bangkok Dusit Medical Services 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 Dusit Medical Services PCL Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio falls into.


BKK:BDMS
96GF Score
Bangkok Dusit Medical Services PCL BKK:BDMS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Dusit Medical Services 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.

Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.00/6.495
=3.08

* 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 Dusit Medical Services PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bangkok Dusit Medical Services 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)
=6.75/333.9520*333.9520
=6.750

Current CPI (Jun. 2026) = 333.9520.

Bangkok Dusit Medical Services PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.661 241.428 5.064
201612 3.764 241.432 5.206
201703 3.889 243.801 5.327
201706 3.941 244.955 5.373
201709 3.974 246.819 5.377
201712 4.252 246.524 5.760
201803 4.395 249.554 5.881
201806 4.385 251.989 5.811
201809 4.580 252.439 6.059
201812 4.669 251.233 6.206
201903 4.626 254.202 6.077
201906 5.122 256.143 6.678
201909 5.308 256.759 6.904
201912 5.486 256.974 7.129
202003 5.285 258.115 6.838
202006 5.311 257.797 6.880
202009 5.434 260.280 6.972
202012 5.755 260.474 7.378
202103 5.842 264.877 7.365
202106 5.390 271.696 6.625
202109 5.318 274.310 6.474
202112 5.523 278.802 6.616
202203 5.745 287.504 6.673
202206 5.724 296.311 6.451
202209 5.681 296.808 6.392
202212 5.897 296.797 6.635
202303 6.077 301.836 6.724
202306 5.981 305.109 6.546
202309 5.891 307.789 6.392
202312 6.235 306.746 6.788
202403 6.509 312.332 6.960
202406 6.365 314.175 6.766
202409 6.279 315.301 6.650
202412 6.540 315.605 6.920
202503 6.827 319.799 7.129
202506 6.631 322.561 6.865
202509 6.555 324.800 6.740
202512 6.922 324.054 7.133
202603 7.192 330.213 7.273
202606 6.750 333.952 6.750

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 3.08 mean?
Bangkok Dusit Medical Services PCL (BKK:BDMS) has a Cyclically Adjusted PB Ratio of 3.08 as of Sep. 17, 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 Dusit Medical Services PCL and its competitors. This is 47% below median its historical median of 5.77. Over the past decade, Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio has ranged from 2.93 to 10.11. According to the industry distribution chart, Bangkok Dusit Medical Services PCL ranks #246 out of 332 companies in the Healthcare Providers & Services industry, placing it in the top 74.1%.
Is Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio too high?
Bangkok Dusit Medical Services PCL's current Cyclically Adjusted PB Ratio of 3.08 is 47% below median its 10-year median of 5.77. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 10.11. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.79. Bangkok Dusit Medical Services PCL's value of 3.08 is 72.1% above this industry median. Based on the distribution chart, Bangkok Dusit Medical Services PCL ranks #246 out of 332 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Bangkok Dusit Medical Services PCL has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Dusit Medical Services PCL's Cyclically Adjusted PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Bangkok Dusit Medical Services PCL ranks #246 out of 332 companies for Cyclically Adjusted PB Ratio. This places Bangkok Dusit Medical Services PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Bangkok Dusit Medical Services PCL's value of 3.08 is 72.1% above this benchmark. Historically, Bangkok Dusit Medical Services PCL's own Cyclically Adjusted PB Ratio has ranged from 2.93 to 10.11 over the past decade. While the company's 10-year median is 5.77 vs. the industry median of 1.79, Bangkok Dusit Medical Services 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.79, based on 332 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 Dusit Medical Services PCL's current Cyclically Adjusted PB Ratio of 3.08 is 72.1% 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 Bangkok Dusit Medical Services PCL and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Dusit Medical Services PCL's current Cyclically Adjusted PB Ratio is 3.08, which is 47% below median its own 10-year median of 5.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Dusit Medical Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Dusit Medical Services PCL (BKK:BDMS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿24.97, compared to a current price of ฿20.00 — trading 19.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.08, which is 47% below median its 10-year median of 5.77 and 72.1% above the Healthcare Providers & Services industry median of 1.79. Bangkok Dusit Medical Services PCL's overall GF Score™ is 96/100 with 2 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 Dusit Medical Services PCL (BKK:BDMS), the current Cyclically Adjusted PB Ratio is 3.08 as of Sep. 17, 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 Dusit Medical Services PCL (BKK:BDMS) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Dusit Medical Services PCL stock appears to be undervalued. The current stock price of ฿20.00 is trading 19.9% below its estimated GF Value™ of ฿24.97. GuruFocus considers Bangkok Dusit Medical Services PCL to be Modestly Undervalued.

Key valuation signals for BKK:BDMS:

  • Cyclically Adjusted PB Ratio: 3.08 (47% below median its 10-year median of 5.77)
  • GF Value™: ฿24.97 vs. price of ฿20.00 (19.9% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 72.1% above the Healthcare Providers & Services median (#246 of 332)

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


Bangkok Dusit Medical Services PCL Business Description

Address New Petchburi Road, 2, Soi Soonvijai 7, Bang Kapi, Huaykwang, Bangkok, THA, 10310
Bangkok Dusit Medical Services PCL operates a network of private hospitals in Thailand and some overseas markets, under the Bangkok Hospital, Phyathai Hospital, Samitivej Hospital, Paolo Hospital, BNH Hospital, and Royal International Hospital brands. The company has two business segments, namely hospital operations and other businesses that support hospital business, such as medical laboratories, production and distribution of pharmaceutical products/medical equipment/saline, pharmacies, asset management for healthcare business, accounting services, technology and information services, training business, and insurance broker. The company's hospital operations generate the vast majority of its revenue.
96GF Score

Get the complete analysis for BKK:BDMS

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

฿20.00
Price
฿24.97
GF Value