Cho Thavee PCL (BKK:CHO) Cyclically Adjusted PB Ratio: 0.00 (As of Aug. 08, 2026)

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What is Cho Thavee PCL Cyclically Adjusted PB Ratio?

Cho Thavee PCL BKK:CHO Cyclically Adjusted PB Ratio is 0.00 as of Aug. 08, 2026. The stock has 7 warning signs investors should review. Among 165 Farm & Heavy Construction Machinery companies, Cho Thavee PCL ranks worse than 606060% on this metric.

As of today (2026-08-08), Cho Thavee PCL's current share price is ฿0.02. Cho Thavee PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿10.11. Cho Thavee PCL's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past years, Cho Thavee PCL's highest Cyclically Adjusted PB Ratio was 0.55. The lowest was 0.01. And the median was 0.07.

BKK:CHO's Cyclically Adjusted PB Ratio is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 1.51
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Cho Thavee PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿-1.590. 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 ฿10.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cho Thavee PCL  (BKK:CHO) 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.


Cho Thavee PCL Cyclically Adjusted PB Ratio Related Terms


Cho Thavee PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cho Thavee 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.

Cho Thavee PCL Cyclically Adjusted PB Ratio Chart

Cho Thavee 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 0.19 0.42 0.16 0.02 0.01

Cho Thavee 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 0.01 0.01 0.01 0.01 0.01

BKK:CHO vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Cho Thavee 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.


Cho Thavee PCL Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cho Thavee PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cho Thavee 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02/10.11
=0.00

* 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.

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

For example, Cho Thavee 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)
=-1.59/330.2130*330.2130
=-1.590

Current CPI (Mar. 2026) = 330.2130.

Cho Thavee PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.594 241.018 17.255
201609 11.740 241.428 16.057
201612 10.529 241.432 14.401
201703 9.414 243.801 12.751
201706 9.682 244.955 13.052
201709 9.909 246.819 13.257
201712 10.240 246.524 13.716
201803 10.966 249.554 14.510
201806 11.203 251.989 14.681
201809 11.719 252.439 15.330
201812 12.419 251.233 16.323
201903 13.036 254.202 16.934
201906 13.000 256.143 16.759
201909 13.218 256.759 16.999
201912 13.389 256.974 17.205
202003 15.395 258.115 19.695
202006 14.516 257.797 18.594
202009 13.968 260.280 17.721
202012 12.968 260.474 16.440
202103 12.135 264.877 15.128
202106 10.777 271.696 13.098
202109 10.444 274.310 12.572
202112 8.975 278.802 10.630
202203 9.196 287.504 10.562
202206 8.237 296.311 9.179
202209 7.200 296.808 8.010
202212 5.926 296.797 6.593
202303 5.293 301.836 5.791
202306 4.722 305.109 5.111
202309 3.966 307.789 4.255
202312 1.536 306.746 1.654
202403 1.936 312.332 2.047
202406 1.562 314.175 1.642
202409 0.755 315.301 0.791
202412 -0.056 315.605 -0.059
202503 0.118 319.799 0.122
202506 -0.247 322.561 -0.253
202509 -1.208 324.800 -1.228
202512 -1.490 324.054 -1.518
202603 -1.590 330.213 -1.590

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 0.00 mean?
Cho Thavee PCL (BKK:CHO) has a Cyclically Adjusted PB Ratio of 0.00 as of Aug. 08, 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 Cho Thavee PCL and its competitors. Over the past decade, Cho Thavee PCL's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.55. According to the industry distribution chart, Cho Thavee PCL ranks #999999 out of 165 companies in the Farm & Heavy Construction Machinery industry.
Is Cho Thavee PCL's Cyclically Adjusted PB Ratio too high?
Cho Thavee PCL's current Cyclically Adjusted PB Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.55. Based on the distribution chart, Cho Thavee PCL ranks #999999 out of 165 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers.
How does Cho Thavee PCL's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Cho Thavee PCL ranks #999999 out of 165 companies for Cyclically Adjusted PB Ratio. This places Cho Thavee PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Historically, Cho Thavee PCL's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.55 over the past decade. 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.51, based on 165 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. 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 Cho Thavee PCL and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cho Thavee PCL's current Cyclically Adjusted PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cho Thavee PCL stock overvalued right now?
Based on GuruFocus' analysis, Cho Thavee PCL (BKK:CHO) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.05, compared to a current price of ฿0.02 — trading 60% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.00. 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 Cho Thavee PCL (BKK:CHO), the current Cyclically Adjusted PB Ratio is 0.00 as of Aug. 08, 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.

Cho Thavee PCL Business Description

Address 265 Moo 4, Klang Muang Road, Tambol Muang Khao, Amphur Muang, Khon Kaen, THA, 40000
Cho Thavee PCL along with its subsidiaries engages in the manufacturing, selling and providing service of trailer assembly, vehicles, and special equipment. The company's products comprise standard products, which include trucks, semi-trailer, full-trailer; and other related products. Its segments include deriving revenue from contracts such as standard products, special products and project contract; revenue from sales such as the sale of spare parts and vehicle prototype; and revenue from service such as maintenance service centre. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.