Communication and System Solution PCL (BKK:CSS) Cyclically Adjusted PB Ratio: 0.58 (As of Jul. 27, 2026) — Near Median

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BKK:CSS Communication and System Solution PCL BKK:CSS
49 GF Score
Price ฿0.99
GF Value ฿0.82
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Communication and System Solution PCL Cyclically Adjusted PB Ratio?

Communication and System Solution PCL BKK:CSS -2.94% 49 Cyclically Adjusted PB Ratio is 0.58 as of Jul. 27, 2026, which is 4% above its 10-year median of 0.56. GuruFocus rates BKK:CSS with a GF Score™ of 49/100 and a GF Value™ of ฿0.82 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,977 Hardware companies, Communication and System Solution PCL ranks better than 83.86% on this metric.

As of today (2026-07-27), Communication and System Solution PCL's current share price is ฿0.99. Communication and System Solution PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.72. Communication and System Solution PCL's Cyclically Adjusted PB Ratio for today is 0.58.

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

BKK:CSS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.56   Max: 1.29
Current: 0.59

During the past years, Communication and System Solution PCL's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.44. And the median was 0.56.

BKK:CSS's Cyclically Adjusted PB Ratio is ranked better than
83.86% of 1977 companies
in the Hardware industry
Industry Median: 2.02 vs BKK:CSS: 0.59

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.

Communication and System Solution PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿1.493. 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 ฿1.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Communication and System Solution PCL  (BKK:CSS) 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.


Communication and System Solution PCL Cyclically Adjusted PB Ratio Related Terms


Communication and System Solution PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Communication and System Solution 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.

Communication and System Solution PCL Cyclically Adjusted PB Ratio Chart

Communication and System Solution 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 1.13 0.93 0.49 0.51 0.45

Communication and System Solution 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 0.49 0.46 0.47 0.45 0.45

BKK:CSS vs SNX, ARW, AVT: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, Communication and System Solution 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.


Communication and System Solution PCL Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Communication and System Solution PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Communication and System Solution PCL's Cyclically Adjusted PB Ratio falls into.


BKK:CSS
49GF Score
Communication and System Solution PCL BKK:CSS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Communication and System Solution 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.

Communication and System Solution PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.99/1.72
=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.

Communication and System Solution PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Communication and System Solution 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)
=1.493/330.2130*330.2130
=1.493

Current CPI (Mar. 2026) = 330.2130.

Communication and System Solution PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.386 241.018 1.899
201609 1.367 241.428 1.870
201612 1.413 241.432 1.933
201703 1.460 243.801 1.977
201706 1.397 244.955 1.883
201709 1.360 246.819 1.820
201712 1.406 246.524 1.883
201803 1.436 249.554 1.900
201806 1.375 251.989 1.802
201809 1.346 252.439 1.761
201812 1.391 251.233 1.828
201903 1.382 254.202 1.795
201906 1.309 256.143 1.688
201909 1.313 256.759 1.689
201912 1.342 256.974 1.724
202003 1.393 258.115 1.782
202006 1.388 257.797 1.778
202009 1.392 260.280 1.766
202012 1.360 260.474 1.724
202103 1.407 264.877 1.754
202106 1.408 271.696 1.711
202109 1.432 274.310 1.724
202112 1.560 278.802 1.848
202203 1.580 287.504 1.815
202206 1.523 296.311 1.697
202209 1.516 296.808 1.687
202212 1.514 296.797 1.684
202303 1.534 301.836 1.678
202306 1.503 305.109 1.627
202309 1.510 307.789 1.620
202312 1.470 306.746 1.582
202403 1.472 312.332 1.556
202406 1.475 314.175 1.550
202409 1.501 315.301 1.572
202412 1.500 315.605 1.569
202503 1.507 319.799 1.556
202506 1.461 322.561 1.496
202509 1.444 324.800 1.468
202512 1.446 324.054 1.473
202603 1.493 330.213 1.493

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?
Communication and System Solution PCL (BKK:CSS) has a Cyclically Adjusted PB Ratio of 0.58 as of Jul. 27, 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 Communication and System Solution PCL and its competitors. This is near median its historical median of 0.56. Over the past decade, Communication and System Solution PCL's Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.29. According to the industry distribution chart, Communication and System Solution PCL ranks #319 out of 1977 companies in the Hardware industry, placing it in the top 16.1%.
Is Communication and System Solution PCL's Cyclically Adjusted PB Ratio too high?
Communication and System Solution PCL's current Cyclically Adjusted PB Ratio of 0.58 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.29. The Hardware industry median Cyclically Adjusted PB Ratio is 2.02. Communication and System Solution PCL's value of 0.58 is 71.3% below this industry median. Based on the distribution chart, Communication and System Solution PCL ranks #319 out of 1977 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Communication and System Solution PCL has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Communication and System Solution PCL's Cyclically Adjusted PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Communication and System Solution PCL ranks #319 out of 1977 companies for Cyclically Adjusted PB Ratio. This places Communication and System Solution PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.02. Communication and System Solution PCL's value of 0.58 is 71.3% below this benchmark. Historically, Communication and System Solution PCL's own Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.29 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 2.02, Communication and System Solution 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.02, based on 1,977 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. Communication and System Solution PCL's current Cyclically Adjusted PB Ratio of 0.58 is 71.3% 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 Communication and System Solution PCL and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Communication and System Solution PCL's current Cyclically Adjusted PB Ratio is 0.58, which is near median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Communication and System Solution PCL stock overvalued right now?
Based on GuruFocus' analysis, Communication and System Solution PCL (BKK:CSS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.82, compared to a current price of ฿0.99 — trading 20.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.58, which is near median its 10-year median of 0.56 and 71.3% below the Hardware industry median of 2.02. Communication and System Solution PCL's overall GF Score™ is 49/100 with 11 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 Communication and System Solution PCL (BKK:CSS), the current Cyclically Adjusted PB Ratio is 0.58 as of Jul. 27, 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 Communication and System Solution PCL (BKK:CSS) Overvalued in 2026?

Based on GuruFocus' analysis, Communication and System Solution PCL stock appears to be overvalued. The current stock price of ฿0.99 is trading 20.7% above its estimated GF Value™ of ฿0.82. GuruFocus considers Communication and System Solution PCL to be Modestly Overvalued.

Key valuation signals for BKK:CSS:

  • Cyclically Adjusted PB Ratio: 0.58 (near median its 10-year median of 0.56)
  • GF Value™: ฿0.82 vs. price of ฿0.99 (20.7% above fair value)
  • GF Score™: 49/100 with 11 warning signs
  • Industry Position: 71.3% below the Hardware median (#319 of 1977)

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


Communication and System Solution PCL Business Description

Address 329 Moo 3 Banmai, Pakkred, Nonthaburi, THA, 11120
Communication and System Solution PCL is a Thailand-based company engaged in the distribution and installation of equipment for electricity, water, air conditioning, and telecommunication systems. It operates in two segments: the Distribution electrical equipment segment and the Installation service segment. The Distribution electrical equipment segment operates as a distributor of electrical wires and other types of electrical systems equipment, as well as passive fire protection materials. The installation service segment is engaged in the design and installation of the communication system, fire protection systems, and maintenance services. The company derives a majority of its revenue from the Distribution of electrical equipment.
49GF Score

Get the complete analysis for BKK:CSS

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

฿0.99
Price
฿0.82
GF Value