Berli Jucker PCL (BKK:BJC) Cyclically Adjusted PB Ratio: 0.48 (As of Jul. 29, 2026) — 72% Below Median

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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.
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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:BJC Berli Jucker PCL BKK:BJC
66 GF Score
Price ฿16.20
GF Value ฿22.42
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Berli Jucker PCL Cyclically Adjusted PB Ratio?

Berli Jucker PCL BKK:BJC +5.88% 66 Cyclically Adjusted PB Ratio is 0.48 as of Jul. 29, 2026, which is 72% below its 10-year median of 1.71. GuruFocus rates BKK:BJC with a GF Score™ of 66/100 and a GF Value™ of ฿22.42 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 474 Conglomerates companies, Berli Jucker PCL ranks better than 75.95% on this metric.

As of today (2026-07-29), Berli Jucker PCL's current share price is ฿16.20. Berli Jucker PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿33.42. Berli Jucker PCL's Cyclically Adjusted PB Ratio for today is 0.48.

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

BKK:BJC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.71   Max: 6.61
Current: 0.46

During the past years, Berli Jucker PCL's highest Cyclically Adjusted PB Ratio was 6.61. The lowest was 0.42. And the median was 1.71.

BKK:BJC's Cyclically Adjusted PB Ratio is ranked better than
75.95% of 474 companies
in the Conglomerates industry
Industry Median: 1.02 vs BKK:BJC: 0.46

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.

Berli Jucker PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿30.448. 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 ฿33.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Berli Jucker PCL  (BKK:BJC) 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.


Berli Jucker PCL Cyclically Adjusted PB Ratio Related Terms


Berli Jucker PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Berli Jucker 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.

Berli Jucker PCL Cyclically Adjusted PB Ratio Chart

Berli Jucker 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 1.46 1.44 0.92 0.78 0.44

Berli Jucker 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 0.74 0.61 0.64 0.44 0.45

BKK:BJC vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Berli Jucker 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.


Berli Jucker PCL Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Berli Jucker PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:BJC
66GF Score
Berli Jucker PCL BKK:BJC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Berli Jucker 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.20/33.42
=0.48

* 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.

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

For example, Berli Jucker 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)
=30.448/330.2130*330.2130
=30.448

Current CPI (Mar. 2026) = 330.2130.

Berli Jucker PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.624 241.018 15.926
201609 25.615 241.428 35.035
201612 25.752 241.432 35.222
201703 25.953 243.801 35.152
201706 25.836 244.955 34.828
201709 26.178 246.819 35.023
201712 26.657 246.524 35.706
201803 27.012 249.554 35.743
201806 26.981 251.989 35.357
201809 27.214 252.439 35.598
201812 27.740 251.233 36.461
201903 27.964 254.202 36.326
201906 27.730 256.143 35.749
201909 27.992 256.759 36.000
201912 28.712 256.974 36.895
202003 28.148 258.115 36.010
202006 28.174 257.797 36.088
202009 28.289 260.280 35.890
202012 28.614 260.474 36.275
202103 28.918 264.877 36.051
202106 28.548 271.696 34.697
202109 28.567 274.310 34.389
202112 28.912 278.802 34.243
202203 29.256 287.504 33.602
202206 29.175 296.311 32.513
202209 29.287 296.808 32.583
202212 29.515 296.797 32.838
202303 29.798 301.836 32.599
202306 29.501 305.109 31.928
202309 29.511 307.789 31.661
202312 29.858 306.746 32.142
202403 30.017 312.332 31.735
202406 29.679 314.175 31.194
202409 29.551 315.301 30.949
202412 29.941 315.605 31.327
202503 30.167 319.799 31.149
202506 29.768 322.561 30.474
202509 29.753 324.800 30.249
202512 30.023 324.054 30.594
202603 30.448 330.213 30.448

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 0.48 mean?
Berli Jucker PCL (BKK:BJC) has a Cyclically Adjusted PB Ratio of 0.48 as of Jul. 29, 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 Berli Jucker PCL and its competitors. This is 72% below median its historical median of 1.71. Over the past decade, Berli Jucker PCL's Cyclically Adjusted PB Ratio has ranged from 0.42 to 6.61. According to the industry distribution chart, Berli Jucker PCL ranks #114 out of 474 companies in the Conglomerates industry, placing it in the top 24.1%.
Is Berli Jucker PCL's Cyclically Adjusted PB Ratio too high?
Berli Jucker PCL's current Cyclically Adjusted PB Ratio of 0.48 is 72% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 6.61. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Berli Jucker PCL's value of 0.48 is 52.9% below this industry median. Based on the distribution chart, Berli Jucker PCL ranks #114 out of 474 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Berli Jucker PCL has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berli Jucker PCL's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Berli Jucker PCL ranks #114 out of 474 companies for Cyclically Adjusted PB Ratio. This places Berli Jucker PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.02. Berli Jucker PCL's value of 0.48 is 52.9% below this benchmark. Historically, Berli Jucker PCL's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 6.61 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.02, Berli Jucker 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 474 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. Berli Jucker PCL's current Cyclically Adjusted PB Ratio of 0.48 is 52.9% 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 Berli Jucker PCL and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berli Jucker PCL's current Cyclically Adjusted PB Ratio is 0.48, which is 72% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berli Jucker PCL stock overvalued right now?
Based on GuruFocus' analysis, Berli Jucker PCL (BKK:BJC) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿22.42, compared to a current price of ฿16.20 — trading 27.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.48, which is 72% below median its 10-year median of 1.71 and 52.9% below the Conglomerates industry median of 1.02. Berli Jucker PCL's overall GF Score™ is 66/100 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 Berli Jucker PCL (BKK:BJC), the current Cyclically Adjusted PB Ratio is 0.48 as of Jul. 29, 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 Berli Jucker PCL (BKK:BJC) Overvalued in 2026?

Based on GuruFocus' analysis, Berli Jucker PCL stock appears to be undervalued. The current stock price of ฿16.20 is trading 27.7% below its estimated GF Value™ of ฿22.42. GuruFocus considers Berli Jucker PCL to be Modestly Undervalued.

Key valuation signals for BKK:BJC:

  • Cyclically Adjusted PB Ratio: 0.48 (72% below median its 10-year median of 1.71)
  • GF Value™: ฿22.42 vs. price of ฿16.20 (27.7% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 52.9% below the Conglomerates median (#114 of 474)

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


Berli Jucker PCL Business Description

Address 99, Soi Rubia, Sukhumvit 42 Road, Berli Jucker House, Phrakanong, Klongtoey, Bangkok, THA, 10110
Berli Jucker PCL is engaged in the manufacturing and sales of containers, personal care, and healthcare products. The firm operates through five segments based on the product type. The packaging supply chain segment, which sells glass containers, aluminum cans, and plastic packaging products. The consumer supply chain segment, which sells Food, Non-Food, Logistics, and Manufacturing and distribution in Vietnam. The healthcare & technical supply chain segment sells chemicals, engineering products & systems, pharmaceuticals, & hospital supplies. The modern retail supply chain operates various types of modern trade, which are wholesale business serving B2B customers, bookstore business, coffee shop business, drug store business, & Others. Maximum revenue from the Modern retail supply segment.
66GF Score

Get the complete analysis for BKK:BJC

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

฿16.20
Price
฿22.42
GF Value