Charoong Thai Wire & Cable PCL (BKK:CTW) Cyclically Adjusted PB Ratio: 0.50 (As of Aug. 06, 2026) — Near Median

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BKK:CTW Charoong Thai Wire & Cable PCL BKK:CTW
49 GF Score
Price ฿6.20
GF Value ฿3.95
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Charoong Thai Wire & Cable PCL Cyclically Adjusted PB Ratio?

Charoong Thai Wire & Cable PCL BKK:CTW +0.81% 49 Cyclically Adjusted PB Ratio is 0.50 as of Aug. 06, 2026, which is 4% above its 10-year median of 0.48. GuruFocus rates BKK:CTW with a GF Score™ of 49/100 and a GF Value™ of ฿3.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,254 Industrial Products companies, Charoong Thai Wire & Cable PCL ranks better than 87.89% on this metric.

As of today (2026-08-06), Charoong Thai Wire & Cable PCL's current share price is ฿6.20. Charoong Thai Wire & Cable PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿12.36. Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio for today is 0.50.

The historical rank and industry rank for Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:CTW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.48   Max: 0.86
Current: 0.53

During the past years, Charoong Thai Wire & Cable PCL's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.20. And the median was 0.48.

BKK:CTW's Cyclically Adjusted PB Ratio is ranked better than
87.89% of 2254 companies
in the Industrial Products industry
Industry Median: 2.065 vs BKK:CTW: 0.53

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.

Charoong Thai Wire & Cable PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿10.197. 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 ฿12.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Charoong Thai Wire & Cable PCL  (BKK:CTW) 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.


Charoong Thai Wire & Cable PCL Cyclically Adjusted PB Ratio Related Terms


Charoong Thai Wire & Cable PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Charoong Thai Wire & Cable 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.

Charoong Thai Wire & Cable PCL Cyclically Adjusted PB Ratio Chart

Charoong Thai Wire & Cable 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 0.71 0.48 0.37 0.29 0.25

Charoong Thai Wire & Cable 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 0.22 0.24 0.23 0.25 0.34

BKK:CTW vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Charoong Thai Wire & Cable 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.


Charoong Thai Wire & Cable PCL Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio falls into.


BKK:CTW
49GF Score
Charoong Thai Wire & Cable PCL BKK:CTW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Charoong Thai Wire & Cable 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.

Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.20/12.36
=0.50

* 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.

Charoong Thai Wire & Cable PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Charoong Thai Wire & Cable 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)
=10.197/330.2130*330.2130
=10.197

Current CPI (Mar. 2026) = 330.2130.

Charoong Thai Wire & Cable PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.062 241.018 13.786
201609 10.170 241.428 13.910
201612 10.316 241.432 14.109
201703 10.423 243.801 14.117
201706 10.185 244.955 13.730
201709 10.584 246.819 14.160
201712 10.652 246.524 14.268
201803 10.822 249.554 14.320
201806 10.747 251.989 14.083
201809 10.895 252.439 14.252
201812 10.983 251.233 14.436
201903 11.075 254.202 14.387
201906 10.483 256.143 13.514
201909 10.574 256.759 13.599
201912 10.649 256.974 13.684
202003 10.721 258.115 13.716
202006 10.753 257.797 13.774
202009 11.074 260.280 14.049
202012 11.274 260.474 14.292
202103 11.213 264.877 13.979
202106 10.955 271.696 13.314
202109 10.884 274.310 13.102
202112 9.882 278.802 11.704
202203 9.594 287.504 11.019
202206 9.621 296.311 10.722
202209 9.761 296.808 10.860
202212 9.795 296.797 10.898
202303 9.741 301.836 10.657
202306 9.387 305.109 10.159
202309 9.445 307.789 10.133
202312 9.604 306.746 10.339
202403 9.721 312.332 10.278
202406 9.509 314.175 9.994
202409 9.684 315.301 10.142
202412 9.857 315.605 10.313
202503 9.704 319.799 10.020
202506 9.800 322.561 10.032
202509 10.070 324.800 10.238
202512 10.064 324.054 10.255
202603 10.197 330.213 10.197

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 0.50 mean?
Charoong Thai Wire & Cable PCL (BKK:CTW) has a Cyclically Adjusted PB Ratio of 0.50 as of Aug. 06, 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 Charoong Thai Wire & Cable PCL and its competitors. This is near median its historical median of 0.48. Over the past decade, Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio has ranged from 0.20 to 0.86. According to the industry distribution chart, Charoong Thai Wire & Cable PCL ranks #273 out of 2254 companies in the Industrial Products industry, placing it in the top 12.1%.
Is Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio too high?
Charoong Thai Wire & Cable PCL's current Cyclically Adjusted PB Ratio of 0.50 is near median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.86. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Charoong Thai Wire & Cable PCL's value of 0.50 is 75.8% below this industry median. Based on the distribution chart, Charoong Thai Wire & Cable PCL ranks #273 out of 2254 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Charoong Thai Wire & Cable PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoong Thai Wire & Cable PCL's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Charoong Thai Wire & Cable PCL ranks #273 out of 2254 companies for Cyclically Adjusted PB Ratio. This places Charoong Thai Wire & Cable PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Charoong Thai Wire & Cable PCL's value of 0.50 is 75.8% below this benchmark. Historically, Charoong Thai Wire & Cable PCL's own Cyclically Adjusted PB Ratio has ranged from 0.20 to 0.86 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 2.07, Charoong Thai Wire & Cable 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 2.07, based on 2,254 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. Charoong Thai Wire & Cable PCL's current Cyclically Adjusted PB Ratio of 0.50 is 75.8% 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 Charoong Thai Wire & Cable PCL and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charoong Thai Wire & Cable PCL's current Cyclically Adjusted PB Ratio is 0.50, which is near median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoong Thai Wire & Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL (BKK:CTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.95, compared to a current price of ฿6.20 — trading 57% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is near median its 10-year median of 0.48 and 75.8% below the Industrial Products industry median of 2.07. Charoong Thai Wire & Cable PCL's overall GF Score™ is 49/100 with 5 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 Charoong Thai Wire & Cable PCL (BKK:CTW), the current Cyclically Adjusted PB Ratio is 0.50 as of Aug. 06, 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 Charoong Thai Wire & Cable PCL (BKK:CTW) Overvalued in 2026?

Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL stock appears to be overvalued. The current stock price of ฿6.20 is trading 57% above its estimated GF Value™ of ฿3.95. GuruFocus considers Charoong Thai Wire & Cable PCL to be Significantly Overvalued.

Key valuation signals for BKK:CTW:

  • Cyclically Adjusted PB Ratio: 0.50 (near median its 10-year median of 0.48)
  • GF Value™: ฿3.95 vs. price of ฿6.20 (57% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 75.8% below the Industrial Products median (#273 of 2254)

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


Charoong Thai Wire & Cable PCL Business Description

Address Debaratana Road, 589/71 Central City Tower, 12A Floor, North Bangna, Bangna, Bangkok, THA, 10260
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment, which consists of aluminum conductor power cable, copper conductor power cable, and high voltage power cable; the communication cable segment, enameled and non-enameled wire segment, which consists of enameled copper wire, enameled aluminum wire, and non-enameled copper wire; and the fiber optic cable segment. The company derives a majority of its revenue from the power cable segment. Geographically, the company operates in Thailand, Vietnam, Hong Kong Special Administrative Region of the People's Republic of China, the Republic of the Union of Myanmar, and Other regions.
49GF Score

Get the complete analysis for BKK:CTW

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

฿6.20
Price
฿3.95
GF Value