CMO PCL (BKK:CMO-R) Cyclically Adjusted PB Ratio: 0.58 (As of Sep. 03, 2026) — Near Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:CMO-R CMO PCL BKK:CMO-R
30 GF Score
Price ฿0.73
GF Value ฿0.64
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is CMO PCL Cyclically Adjusted PB Ratio?

CMO PCL BKK:CMO-R 30 Cyclically Adjusted PB Ratio is 0.58 as of Sep. 03, 2026, which is 9% below its 10-year median of 0.64. GuruFocus rates BKK:CMO-R with a GF Score™ of 30/100 and a GF Value™ of ฿0.64 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 656 Media - Diversified companies, CMO PCL ranks better than 74.09% on this metric.

As of today (2026-09-03), CMO PCL's current share price is ฿0.73. CMO PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿1.26. CMO PCL's Cyclically Adjusted PB Ratio for today is 0.58.

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

BKK:CMO-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.64   Max: 6.77
Current: 0.5

During the past years, CMO PCL's highest Cyclically Adjusted PB Ratio was 6.77. The lowest was 0.24. And the median was 0.64.

BKK:CMO-R's Cyclically Adjusted PB Ratio is ranked better than
74.09% of 656 companies
in the Media - Diversified industry
Industry Median: 1.02 vs BKK:CMO-R: 0.50

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.

CMO PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿0.721. 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 ฿1.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CMO PCL  (BKK:CMO-R) 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.


CMO PCL Cyclically Adjusted PB Ratio Related Terms


CMO PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CMO 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.

CMO PCL Cyclically Adjusted PB Ratio Chart

CMO 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 2.81 2.10 0.54 0.47 0.28

CMO 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 0.35 0.47 0.28 0.50 0.58

BKK:CMO-R vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, CMO 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.


CMO PCL Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CMO PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:CMO-R
30GF Score
CMO PCL BKK:CMO-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.73/1.26
=0.58

* 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.

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

For example, CMO 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)
=0.721/333.9520*333.9520
=0.721

Current CPI (Jun. 2026) = 333.9520.

CMO PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.224 241.428 1.693
201612 1.320 241.432 1.826
201703 1.343 243.801 1.840
201706 1.338 244.955 1.824
201709 1.257 246.819 1.701
201712 1.373 246.524 1.860
201803 1.364 249.554 1.825
201806 1.291 251.989 1.711
201809 1.213 252.439 1.605
201812 1.456 251.233 1.935
201903 1.451 254.202 1.906
201906 1.284 256.143 1.674
201909 1.367 256.759 1.778
201912 1.572 256.974 2.043
202003 1.470 258.115 1.902
202006 1.182 257.797 1.531
202009 1.090 260.280 1.399
202012 1.502 260.474 1.926
202103 1.396 264.877 1.760
202106 1.286 271.696 1.581
202109 1.169 274.310 1.423
202112 1.146 278.802 1.373
202203 1.058 287.504 1.229
202206 1.400 296.311 1.578
202209 1.367 296.808 1.538
202212 1.385 296.797 1.558
202303 1.155 301.836 1.278
202306 0.887 305.109 0.971
202309 0.745 307.789 0.808
202312 0.782 306.746 0.851
202403 0.790 312.332 0.845
202406 0.750 314.175 0.797
202409 0.757 315.301 0.802
202412 0.651 315.605 0.689
202503 0.745 319.799 0.778
202506 0.717 322.561 0.742
202509 0.670 324.800 0.689
202512 0.729 324.054 0.751
202603 0.774 330.213 0.783
202606 0.721 333.952 0.721

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 0.58 mean?
CMO PCL (BKK:CMO-R) has a Cyclically Adjusted PB Ratio of 0.58 as of Sep. 03, 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 CMO PCL and its competitors. This is near median its historical median of 0.64. Over the past decade, CMO PCL's Cyclically Adjusted PB Ratio has ranged from 0.24 to 6.77. According to the industry distribution chart, CMO PCL ranks #170 out of 656 companies in the Media - Diversified industry, placing it in the top 25.9%.
Is CMO PCL's Cyclically Adjusted PB Ratio too high?
CMO PCL's current Cyclically Adjusted PB Ratio of 0.58 is near median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 6.77. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.02. CMO PCL's value of 0.58 is 43.1% below this industry median. Based on the distribution chart, CMO PCL ranks #170 out of 656 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, CMO PCL has a GF Score™ of 30/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CMO PCL's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, CMO PCL ranks #170 out of 656 companies for Cyclically Adjusted PB Ratio. This puts CMO PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. CMO PCL's value of 0.58 is 43.1% below this benchmark. Historically, CMO PCL's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 6.77 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 1.02, CMO 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.02, based on 656 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. CMO PCL's current Cyclically Adjusted PB Ratio of 0.58 is 43.1% 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 CMO PCL and its competitors. For the Media - Diversified 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. CMO PCL's current Cyclically Adjusted PB Ratio is 0.58, which is near median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMO PCL stock overvalued right now?
Based on GuruFocus' analysis, CMO PCL (BKK:CMO-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.64, compared to a current price of ฿0.73 — trading 14.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.58, which is near median its 10-year median of 0.64 and 43.1% below the Media - Diversified industry median of 1.02. CMO PCL's overall GF Score™ is 30/100 with 3 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 CMO PCL (BKK:CMO-R), the current Cyclically Adjusted PB Ratio is 0.58 as of Sep. 03, 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 CMO PCL (BKK:CMO-R) Overvalued in 2026?

Based on GuruFocus' analysis, CMO PCL stock appears to be overvalued. The current stock price of ฿0.73 is trading 14.1% above its estimated GF Value™ of ฿0.64. GuruFocus considers CMO PCL to be Modestly Overvalued.

Key valuation signals for BKK:CMO-R:

  • Cyclically Adjusted PB Ratio: 0.58 (near median its 10-year median of 0.64)
  • GF Value™: ฿0.64 vs. price of ฿0.73 (14.1% above fair value)
  • GF Score™: 30/100 with 3 warning signs
  • Industry Position: 43.1% below the Media - Diversified median (#170 of 656)

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


CMO PCL Business Description

Other Exchanges CMO:Thailand
Address 4/18-19 Soi Nuanchan 56, Nuanchan, Buengkum, Bangkok, THA, 10230
CMO PCL is a Thailand-based company that operates in the event management business for public events, exhibitions, and entertainment activities. The company provides turnkey integrated marketing communication solutions including project development, strategic planning, creative, production, promotion, and online marketing, and invests in the range of event hardware equipment, software equipment, and utility service in the venue. Its operating segments are Organizer, Equipment Provider, Production of Media, Installation supplies and electrical, and Concert promotor. A majority of its revenue is generated from the Organizer segment.
30GF Score

Get the complete analysis for BKK:CMO-R

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

฿0.73
Price
฿0.64
GF Value