BT Wealth Industries PCL (BKK:BTW) Cyclically Adjusted PB Ratio: 0.05 (As of Aug. 25, 2026) — 44% Below Median

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What is BT Wealth Industries PCL Cyclically Adjusted PB Ratio?

BT Wealth Industries PCL BKK:BTW Cyclically Adjusted PB Ratio is 0.05 as of Aug. 25, 2026, which is 44% below its 10-year median of 0.09. The stock has 2 warning signs investors should review. Among 2,133 Industrial Products companies, BT Wealth Industries PCL ranks better than 99.34% on this metric.

As of today (2026-08-25), BT Wealth Industries PCL's current share price is ฿0.08. BT Wealth Industries PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.55. BT Wealth Industries PCL's Cyclically Adjusted PB Ratio for today is 0.05.

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

BKK:BTW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.09   Max: 0.19
Current: 0.05

During the past years, BT Wealth Industries PCL's highest Cyclically Adjusted PB Ratio was 0.19. The lowest was 0.04. And the median was 0.09.

BKK:BTW's Cyclically Adjusted PB Ratio is ranked better than
99.34% of 2133 companies
in the Industrial Products industry
Industry Median: 2.09 vs BKK:BTW: 0.05

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.

BT Wealth Industries PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿0.151. 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 ฿1.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BT Wealth Industries PCL  (BKK:BTW) 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.


BT Wealth Industries PCL Cyclically Adjusted PB Ratio Related Terms


BT Wealth Industries PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BT Wealth Industries 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.

BT Wealth Industries PCL Cyclically Adjusted PB Ratio Chart

BT Wealth Industries 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 0.00 0.00 0.00 0.13 0.07

BT Wealth Industries 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 0.12 0.09 0.08 0.07 0.06

BKK:BTW vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, BT Wealth Industries 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.


BT Wealth Industries PCL Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, BT Wealth Industries PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BT Wealth Industries 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.

BT Wealth Industries PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.08/1.55
=0.05

* 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.

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

For example, BT Wealth Industries 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)
=0.151/330.2130*330.2130
=0.151

Current CPI (Mar. 2026) = 330.2130.

BT Wealth Industries PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.645 241.018 2.254
201609 1.790 241.428 2.448
201612 1.892 241.432 2.588
201703 1.962 243.801 2.657
201706 1.743 244.955 2.350
201709 1.782 246.819 2.384
201712 1.809 246.524 2.423
201803 1.792 249.554 2.371
201806 1.817 251.989 2.381
201809 1.819 252.439 2.379
201812 1.776 251.233 2.334
201903 1.741 254.202 2.262
201906 1.666 256.143 2.148
201909 1.558 256.759 2.004
201912 1.480 256.974 1.902
202003 1.497 258.115 1.915
202006 1.524 257.797 1.952
202009 1.515 260.280 1.922
202012 1.537 260.474 1.949
202103 1.518 264.877 1.892
202106 1.387 271.696 1.686
202109 1.386 274.310 1.668
202112 1.328 278.802 1.573
202203 1.353 287.504 1.554
202206 1.384 296.311 1.542
202209 1.347 296.808 1.499
202212 1.381 296.797 1.536
202303 1.339 301.836 1.465
202306 0.930 305.109 1.007
202309 0.737 307.789 0.791
202312 0.370 306.746 0.398
202403 0.339 312.332 0.358
202406 0.341 314.175 0.358
202409 0.306 315.301 0.320
202412 0.313 315.605 0.327
202503 0.295 319.799 0.305
202506 0.301 322.561 0.308
202509 0.262 324.800 0.266
202512 0.214 324.054 0.218
202603 0.151 330.213 0.151

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 0.05 mean?
BT Wealth Industries PCL (BKK:BTW) has a Cyclically Adjusted PB Ratio of 0.05 as of Aug. 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 BT Wealth Industries PCL and its competitors. This is 44% below median its historical median of 0.09. Over the past decade, BT Wealth Industries PCL's Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.19. According to the industry distribution chart, BT Wealth Industries PCL ranks #14 out of 2133 companies in the Industrial Products industry, placing it in the top 0.7%.
Is BT Wealth Industries PCL's Cyclically Adjusted PB Ratio too high?
BT Wealth Industries PCL's current Cyclically Adjusted PB Ratio of 0.05 is 44% below median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.19. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.09. BT Wealth Industries PCL's value of 0.05 is 97.6% below this industry median. Based on the distribution chart, BT Wealth Industries PCL ranks #14 out of 2133 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does BT Wealth Industries PCL's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, BT Wealth Industries PCL ranks #14 out of 2133 companies for Cyclically Adjusted PB Ratio. This places BT Wealth Industries PCL in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.09. BT Wealth Industries PCL's value of 0.05 is 97.6% below this benchmark. Historically, BT Wealth Industries PCL's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.19 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 2.09, BT Wealth Industries 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.09, based on 2,133 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. BT Wealth Industries PCL's current Cyclically Adjusted PB Ratio of 0.05 is 97.6% 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 BT Wealth Industries PCL and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BT Wealth Industries PCL's current Cyclically Adjusted PB Ratio is 0.05, which is 44% below median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Wealth Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, BT Wealth Industries PCL (BKK:BTW) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.08 — trading 42.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.05, which is 44% below median its 10-year median of 0.09 and 97.6% below the Industrial Products industry median of 2.09. 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 BT Wealth Industries PCL (BKK:BTW), the current Cyclically Adjusted PB Ratio is 0.05 as of Aug. 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.

BT Wealth Industries PCL Business Description

Address Ramkhamhaeng Road, 593/3 Soi Ramkhamhaeng 39, Thepleela 1, Wangthonglang, Bangkok, THA, 10310
BT Wealth Industries PCL is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power in both domestic and international sites. The Company provides two types of services, Steel Fabrication and Power Plant EPC Contractor. The steel fabrication products include Modularization and Parts Fabrication. The company operates in single segment, the provision of processing services for steel products and structures used in construction and industrial sectors.