BGT PCL (BKK:BGT) Cyclically Adjusted PB Ratio: 0.27 (As of Sep. 05, 2026) — 65% Below Median

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BKK:BGT BGT Corp PCL BKK:BGT
34 GF Score
Price ฿0.37
GF Value ฿0.46
Valuation Modestly Undervalued
! 5 Warning Signs
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What is BGT PCL Cyclically Adjusted PB Ratio?

BGT PCL BKK:BGT 34 Cyclically Adjusted PB Ratio is 0.27 as of Sep. 05, 2026, which is 65% below its 10-year median of 0.78. GuruFocus rates BKK:BGT with a GF Score™ of 34/100 and a GF Value™ of ฿0.46 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 756 Retail - Cyclical companies, BGT PCL ranks better than 88.76% on this metric.

As of today (2026-09-05), BGT PCL's current share price is ฿0.37. BGT PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿1.35. BGT PCL's Cyclically Adjusted PB Ratio for today is 0.27.

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

BKK:BGT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.78   Max: 2.49
Current: 0.28

During the past years, BGT PCL's highest Cyclically Adjusted PB Ratio was 2.49. The lowest was 0.22. And the median was 0.78.

BKK:BGT's Cyclically Adjusted PB Ratio is ranked better than
88.76% of 756 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs BKK:BGT: 0.28

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.

BGT PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿0.838. 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 ฿1.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BGT PCL  (BKK:BGT) 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.


BGT PCL Cyclically Adjusted PB Ratio Related Terms


BGT PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BGT 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.

BGT PCL Cyclically Adjusted PB Ratio Chart

BGT 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 0.90 0.80 0.54 0.34 0.29

BGT 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 0.24 0.32 0.29 0.29 0.27

BKK:BGT vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, BGT 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.


BGT PCL Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BGT PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:BGT
34GF Score
BGT Corp PCL BKK:BGT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BGT 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.37/1.35
=0.27

* 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.

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

For example, BGT 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)
=0.838/333.9520*333.9520
=0.838

Current CPI (Jun. 2026) = 333.9520.

BGT PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.285 241.428 1.777
201612 1.302 241.432 1.801
201703 1.336 243.801 1.830
201706 1.342 244.955 1.830
201709 1.331 246.819 1.801
201712 1.372 246.524 1.859
201803 1.380 249.554 1.847
201806 1.359 251.989 1.801
201809 1.322 252.439 1.749
201812 1.342 251.233 1.784
201903 1.334 254.202 1.753
201906 1.296 256.143 1.690
201909 1.257 256.759 1.635
201912 1.227 256.974 1.595
202003 1.175 258.115 1.520
202006 1.113 257.797 1.442
202009 1.095 260.280 1.405
202012 1.138 260.474 1.459
202103 1.134 264.877 1.430
202106 1.063 271.696 1.307
202109 1.053 274.310 1.282
202112 1.091 278.802 1.307
202203 1.075 287.504 1.249
202206 1.023 296.311 1.153
202209 1.020 296.808 1.148
202212 1.061 296.797 1.194
202303 1.048 301.836 1.160
202306 1.009 305.109 1.104
202309 0.968 307.789 1.050
202312 0.925 306.746 1.007
202403 0.896 312.332 0.958
202406 0.895 314.175 0.951
202409 0.883 315.301 0.935
202412 0.904 315.605 0.957
202503 0.895 319.799 0.935
202506 0.873 322.561 0.904
202509 0.838 324.800 0.862
202512 0.879 324.054 0.906
202603 0.866 330.213 0.876
202606 0.838 333.952 0.838

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 0.27 mean?
BGT PCL (BKK:BGT) has a Cyclically Adjusted PB Ratio of 0.27 as of Sep. 05, 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 BGT PCL and its competitors. This is 65% below median its historical median of 0.78. Over the past decade, BGT PCL's Cyclically Adjusted PB Ratio has ranged from 0.22 to 2.49. According to the industry distribution chart, BGT PCL ranks #85 out of 756 companies in the Retail - Cyclical industry, placing it in the top 11.2%.
Is BGT PCL's Cyclically Adjusted PB Ratio too high?
BGT PCL's current Cyclically Adjusted PB Ratio of 0.27 is 65% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.49. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. BGT PCL's value of 0.27 is 78.2% below this industry median. Based on the distribution chart, BGT PCL ranks #85 out of 756 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, BGT PCL has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BGT PCL's Cyclically Adjusted PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, BGT PCL ranks #85 out of 756 companies for Cyclically Adjusted PB Ratio. This places BGT PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.24. BGT PCL's value of 0.27 is 78.2% below this benchmark. Historically, BGT PCL's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 2.49 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.24, BGT 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 756 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. BGT PCL's current Cyclically Adjusted PB Ratio of 0.27 is 78.2% 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 BGT PCL and its competitors. For the Retail - Cyclical 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. BGT PCL's current Cyclically Adjusted PB Ratio is 0.27, which is 65% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGT PCL stock overvalued right now?
Based on GuruFocus' analysis, BGT PCL (BKK:BGT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.46, compared to a current price of ฿0.37 — trading 19.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.27, which is 65% below median its 10-year median of 0.78 and 78.2% below the Retail - Cyclical industry median of 1.24. BGT PCL's overall GF Score™ is 34/100 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 BGT PCL (BKK:BGT), the current Cyclically Adjusted PB Ratio is 0.27 as of Sep. 05, 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 BGT PCL (BKK:BGT) Overvalued in 2026?

Based on GuruFocus' analysis, BGT PCL stock appears to be undervalued. The current stock price of ฿0.37 is trading 19.6% below its estimated GF Value™ of ฿0.46. GuruFocus considers BGT PCL to be Modestly Undervalued.

Key valuation signals for BKK:BGT:

  • Cyclically Adjusted PB Ratio: 0.27 (65% below median its 10-year median of 0.78)
  • GF Value™: ฿0.46 vs. price of ฿0.37 (19.6% below fair value)
  • GF Score™: 34/100 with 5 warning signs
  • Industry Position: 78.2% below the Retail - Cyclical median (#85 of 756)

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


BGT PCL Business Description

Address 188 Suwinthawong Road, Minburi Subdistrict, Minburi District, Bangkok, THA, 10510
BGT Corp PCL operates in the retail business of ready-to-wear apparel and related accessories under the trademark of Body Glove. The company offers men's clothing and women's clothing, as well as accessories, including bags, luggage, hats, socks and others. It operates in Thailand.
34GF Score

Get the complete analysis for BKK:BGT

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

฿0.37
Price
฿0.46
GF Value