Cal-Comp Electronics (Thailand) PCL (BKK:CCET) Cyclically Adjusted PB Ratio: 2.57 (As of Aug. 19, 2026) — 284% Above Median

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BKK:CCET Cal-Comp Electronics (Thailand) PCL BKK:CCET
68 GF Score
Price ฿9.05
GF Value ฿4.83
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Cal-Comp Electronics (Thailand) PCL Cyclically Adjusted PB Ratio?

Cal-Comp Electronics (Thailand) PCL BKK:CCET 68 Cyclically Adjusted PB Ratio is 2.57 as of Aug. 19, 2026, which is 284% above its 10-year median of 0.67. GuruFocus rates BKK:CCET with a GF Score™ of 68/100 and a GF Value™ of ฿4.83 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,955 Hardware companies, Cal-Comp Electronics (Thailand) PCL ranks worse than 57.95% on this metric.

As of today (2026-08-19), Cal-Comp Electronics (Thailand) PCL's current share price is ฿9.05. Cal-Comp Electronics (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿3.52. Cal-Comp Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio for today is 2.57.

The historical rank and industry rank for Cal-Comp Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:CCET' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.67   Max: 2.79
Current: 2.57

During the past years, Cal-Comp Electronics (Thailand) PCL's highest Cyclically Adjusted PB Ratio was 2.79. The lowest was 0.33. And the median was 0.67.

BKK:CCET's Cyclically Adjusted PB Ratio is ranked worse than
57.95% of 1955 companies
in the Hardware industry
Industry Median: 2.1 vs BKK:CCET: 2.57

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.

Cal-Comp Electronics (Thailand) PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿2.561. 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 ฿3.52 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cal-Comp Electronics (Thailand) PCL  (BKK:CCET) 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.


Cal-Comp Electronics (Thailand) PCL Cyclically Adjusted PB Ratio Related Terms


Cal-Comp Electronics (Thailand) PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cal-Comp Electronics (Thailand) 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.

Cal-Comp Electronics (Thailand) PCL Cyclically Adjusted PB Ratio Chart

Cal-Comp Electronics (Thailand) 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 0.83 0.61 0.58 2.83 1.29

Cal-Comp Electronics (Thailand) 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 1.53 1.55 1.29 1.37 2.56

BKK:CCET vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Cal-Comp Electronics (Thailand) 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.


Cal-Comp Electronics (Thailand) PCL Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Cal-Comp Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cal-Comp Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio falls into.


BKK:CCET
68GF Score
Cal-Comp Electronics (Thailand) PCL BKK:CCET
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cal-Comp Electronics (Thailand) 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.

Cal-Comp Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.05/3.52
=2.57

* 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.

Cal-Comp Electronics (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Cal-Comp Electronics (Thailand) 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)
=2.561/333.9520*333.9520
=2.561

Current CPI (Jun. 2026) = 333.9520.

Cal-Comp Electronics (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.069 241.428 4.245
201612 3.078 241.432 4.258
201703 3.171 243.801 4.344
201706 3.186 244.955 4.344
201709 3.196 246.819 4.324
201712 3.194 246.524 4.327
201803 3.148 249.554 4.213
201806 3.041 251.989 4.030
201809 2.949 252.439 3.901
201812 3.016 251.233 4.009
201903 2.990 254.202 3.928
201906 2.897 256.143 3.777
201909 2.805 256.759 3.648
201912 2.758 256.974 3.584
202003 2.855 258.115 3.694
202006 2.665 257.797 3.452
202009 2.766 260.280 3.549
202012 2.723 260.474 3.491
202103 3.044 264.877 3.838
202106 2.953 271.696 3.630
202109 3.137 274.310 3.819
202112 3.045 278.802 3.647
202203 3.456 287.504 4.014
202206 3.199 296.311 3.605
202209 3.370 296.808 3.792
202212 3.155 296.797 3.550
202303 3.198 301.836 3.538
202306 3.361 305.109 3.679
202309 3.441 307.789 3.733
202312 2.489 306.746 2.710
202403 2.689 312.332 2.875
202406 2.666 314.175 2.834
202409 2.356 315.301 2.495
202412 2.479 315.605 2.623
202503 2.576 319.799 2.690
202506 2.415 322.561 2.500
202509 2.392 324.800 2.459
202512 2.372 324.054 2.444
202603 2.539 330.213 2.568
202606 2.561 333.952 2.561

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 2.57 mean?
Cal-Comp Electronics (Thailand) PCL (BKK:CCET) has a Cyclically Adjusted PB Ratio of 2.57 as of Aug. 19, 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 Cal-Comp Electronics (Thailand) PCL and its competitors. This is 284% above median its historical median of 0.67. Over the past decade, Cal-Comp Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.79. According to the industry distribution chart, Cal-Comp Electronics (Thailand) PCL ranks #1133 out of 1955 companies in the Hardware industry, placing it in the top 58%.
Is Cal-Comp Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio too high?
Cal-Comp Electronics (Thailand) PCL's current Cyclically Adjusted PB Ratio of 2.57 is 284% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.79. The Hardware industry median Cyclically Adjusted PB Ratio is 2.10. Cal-Comp Electronics (Thailand) PCL's value of 2.57 is 22.4% above this industry median. Based on the distribution chart, Cal-Comp Electronics (Thailand) PCL ranks #1133 out of 1955 companies in the Hardware industry, which is below the industry midpoint. Overall, Cal-Comp Electronics (Thailand) PCL has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cal-Comp Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Cal-Comp Electronics (Thailand) PCL ranks #1133 out of 1955 companies for Cyclically Adjusted PB Ratio. This places Cal-Comp Electronics (Thailand) PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. Cal-Comp Electronics (Thailand) PCL's value of 2.57 is 22.4% above this benchmark. Historically, Cal-Comp Electronics (Thailand) PCL's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.79 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 2.10, Cal-Comp Electronics (Thailand) 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.10, based on 1,955 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. Cal-Comp Electronics (Thailand) PCL's current Cyclically Adjusted PB Ratio of 2.57 is 22.4% 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 Cal-Comp Electronics (Thailand) PCL and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cal-Comp Electronics (Thailand) PCL's current Cyclically Adjusted PB Ratio is 2.57, which is 284% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cal-Comp Electronics (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Cal-Comp Electronics (Thailand) PCL (BKK:CCET) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.83, compared to a current price of ฿9.05 — trading 87.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.57, which is 284% above median its 10-year median of 0.67 and 22.4% above the Hardware industry median of 2.10. Cal-Comp Electronics (Thailand) PCL's overall GF Score™ is 68/100 with 8 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 Cal-Comp Electronics (Thailand) PCL (BKK:CCET), the current Cyclically Adjusted PB Ratio is 2.57 as of Aug. 19, 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 Cal-Comp Electronics (Thailand) PCL (BKK:CCET) Overvalued in 2026?

Based on GuruFocus' analysis, Cal-Comp Electronics (Thailand) PCL stock appears to be overvalued. The current stock price of ฿9.05 is trading 87.4% above its estimated GF Value™ of ฿4.83. GuruFocus considers Cal-Comp Electronics (Thailand) PCL to be Significantly Overvalued.

Key valuation signals for BKK:CCET:

  • Cyclically Adjusted PB Ratio: 2.57 (284% above median its 10-year median of 0.67)
  • GF Value™: ฿4.83 vs. price of ฿9.05 (87.4% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 22.4% above the Hardware median (#1133 of 1955)

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


Cal-Comp Electronics (Thailand) PCL Business Description

Other Exchanges 9105:Taiwan
Address Rachadapisek Road, 191/54,191/57, 18th Floor, CTI Tower, Kwang Klongtoey, Khet Klongtoey, Bangkok, THA, 10110
Cal-Comp Electronics (Thailand) PCL is a Thailand-based company engaged in the manufacture of electronic products, such as computers and computer peripherals, telecommunication equipment, and automation equipment. The company has three reporting segments: Computer peripherals offer ink-jet printers, laser printers, multifunction printers, dot-matrix printers, external hard drives, and printed circuit board assemblies; Telecommunications products include set-top boxes and Bluetooth headsets, and the Service income segment. Computer peripherals generate the majority of the company's revenue. The company serves markets in Thailand, Brazil, China, and the Philippines, and the majority of its sales come from its customer base in Thailand.
68GF Score

Get the complete analysis for BKK:CCET

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

฿9.05
Price
฿4.83
GF Value