Dohome PCL (BKK:DOHOME) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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:DOHOME Dohome PCL BKK:DOHOME
74 GF Score
Price ฿3.46
GF Value ฿6.43
Valuation Possible Value Trap
! 7 Warning Signs
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What is Dohome PCL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dohome PCL  (BKK:DOHOME) 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.


Dohome PCL Cyclically Adjusted PB Ratio Related Terms


Dohome PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dohome 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.

Dohome PCL Cyclically Adjusted PB Ratio Chart

Dohome 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 - - 5.15 3.24 1.15

Dohome 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 1.12 1.46 1.15 1.14 1.27

BKK:DOHOME vs HD, LOW, FND: Cyclically Adjusted PB Ratio Comparison

For the Home Improvement Retail subindustry, Dohome 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.


Dohome PCL Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dohome PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:DOHOME
74GF Score
Dohome PCL BKK:DOHOME
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dohome 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.

Dohome PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Dohome PCL's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=3.811/324.0540*324.0540
=3.811

Current CPI (Dec25) = 324.0540.

Dohome PCL Annual Data

Book Value per Share CPI Adj_Book
201612 1.120 241.432 1.503
201712 1.397 246.524 1.836
201812 1.407 251.233 1.815
201912 1.896 256.974 2.391
202012 2.081 260.474 2.589
202112 3.093 278.802 3.595
202212 3.298 296.797 3.601
202312 3.460 306.746 3.655
202412 3.645 315.605 3.743
202512 3.811 324.054 3.811

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.

Is Dohome PCL (BKK:DOHOME) Overvalued in 2026?

Based on GuruFocus' analysis, Dohome PCL stock appears to be undervalued. The current stock price of ฿3.46 is trading 46.2% below its estimated GF Value™ of ฿6.43. GuruFocus considers Dohome PCL to be Possible Value Trap.

Key valuation signals for BKK:DOHOME:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ฿6.43 vs. price of ฿3.46 (46.2% below fair value)
  • GF Score™: 74/100 with 7 warning signs

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


Dohome PCL Business Description

Address 88/111 Moo. 3, Bang Phun Sub-District, Mueang Pathum Thani District, Pathumthani, THA, 12000
Dohome PCL is principally engaged in retailing and wholesaling of construction materials, office equipment, and household products. The company operates various large-size stores, small-size stores (Dohome ToGo) and a distribution center. Its product categories include Hardware Tools; Agriculture garden water pump; electronics; Bedding furniture; Household appliances; Lighting and electrical equipment; Sanitary ware, bathrooms, and tiles; Stationery, sports equipment; Basic building materials and Other Products. Geographically, it operates only in Thailand.
74GF Score

Get the complete analysis for BKK:DOHOME

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

฿3.46
Price
฿6.43
GF Value