Bless Asset Group PCL (BKK:BLESS) Cyclically Adjusted PB Ratio: (As of Jul. 14, 2026)

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.
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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:BLESS Bless Asset Group PCL BKK:BLESS
42 GF Score
Price ฿0.26
GF Value ฿0.37
Valuation Possible Value Trap
! 5 Warning Signs
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What is Bless Asset Group PCL Cyclically Adjusted PB Ratio?

Bless Asset Group PCL does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bless Asset Group PCL  (BKK:BLESS) 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.


Bless Asset Group PCL Cyclically Adjusted PB Ratio Related Terms


Bless Asset Group PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bless Asset Group 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.

Bless Asset Group PCL Cyclically Adjusted PB Ratio Chart

Bless Asset Group PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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Bless Asset Group PCL Quarterly Data
Mar21 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 0.00 0.00 0.00 0.00 0.00

Bless Asset Group PCL Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Bless Asset Group 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.


Bless Asset Group PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Bless Asset Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:BLESS
42GF Score
Bless Asset Group PCL BKK:BLESS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bless Asset Group 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.

Bless Asset Group PCL does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Is Bless Asset Group PCL (BKK:BLESS) Overvalued in 2026?

Based on GuruFocus' analysis, Bless Asset Group PCL stock appears to be undervalued. The current stock price of ฿0.26 is trading 29.7% below its estimated GF Value™ of ฿0.37. GuruFocus considers Bless Asset Group PCL to be Possible Value Trap.

Key valuation signals for BKK:BLESS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ฿0.37 vs. price of ฿0.26 (29.7% below fair value)
  • GF Score™: 42/100 with 5 warning signs

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


Bless Asset Group PCL Business Description

Address 609/154 Nawamin Road, Nuanchan Subdistrict, Bueng Kum District, Bangkok, THA, 10230
Bless Asset Group PCL is engaged in the property development business. The company develops and sells various types of residential real estate, comprising detached houses, semi-detached houses, townhomes, and low-rise condominiums. Geographically, its operations are carried out only in Thailand.
42GF Score

Get the complete analysis for BKK:BLESS

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

฿0.26
Price
฿0.37
GF Value