Emc PCL (BKK:EMC) Cyclically Adjusted PB Ratio: 0.08 (As of Aug. 05, 2026) — 72% Below Median

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What is Emc PCL Cyclically Adjusted PB Ratio?

Emc PCL BKK:EMC Cyclically Adjusted PB Ratio is 0.08 as of Aug. 05, 2026, which is 72% below its 10-year median of 0.29. The stock has 4 warning signs investors should review. Among 1,342 Construction companies, Emc PCL ranks better than 98.51% on this metric.

As of today (2026-08-05), Emc PCL's current share price is ฿0.02. Emc PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.24. Emc PCL's Cyclically Adjusted PB Ratio for today is 0.08.

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

BKK:EMC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.29   Max: 0.64
Current: 0.08

During the past years, Emc PCL's highest Cyclically Adjusted PB Ratio was 0.64. The lowest was 0.08. And the median was 0.29.

BKK:EMC's Cyclically Adjusted PB Ratio is ranked better than
98.51% of 1342 companies
in the Construction industry
Industry Median: 1.145 vs BKK:EMC: 0.08

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.

Emc PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿0.068. 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 ฿0.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emc PCL  (BKK:EMC) 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.


Emc PCL Cyclically Adjusted PB Ratio Related Terms


Emc PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Emc 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.

Emc PCL Cyclically Adjusted PB Ratio Chart

Emc 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 0.60 0.36 0.31 0.25 0.12

Emc 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 0.15 0.20 0.12 0.08

BKK:EMC vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Emc 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.


Emc PCL Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Emc PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Emc 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02/0.24
=0.08

* 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.

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

For example, Emc 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)
=0.068/330.2130*330.2130
=0.068

Current CPI (Mar. 2026) = 330.2130.

Emc PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.292 241.018 0.400
201609 0.286 241.428 0.391
201612 0.270 241.432 0.369
201703 0.268 243.801 0.363
201706 0.258 244.955 0.348
201709 0.194 246.819 0.260
201712 0.193 246.524 0.259
201803 0.193 249.554 0.255
201806 0.194 251.989 0.254
201809 0.202 252.439 0.264
201812 0.237 251.233 0.312
201903 0.243 254.202 0.316
201906 0.244 256.143 0.315
201909 0.239 256.759 0.307
201912 0.238 256.974 0.306
202003 0.236 258.115 0.302
202006 0.240 257.797 0.307
202009 0.241 260.280 0.306
202012 0.245 260.474 0.311
202103 0.247 264.877 0.308
202106 0.248 271.696 0.301
202109 0.249 274.310 0.300
202112 0.235 278.802 0.278
202203 0.229 287.504 0.263
202206 0.229 296.311 0.255
202209 0.221 296.808 0.246
202212 0.195 296.797 0.217
202303 0.188 301.836 0.206
202306 0.185 305.109 0.200
202309 0.176 307.789 0.189
202312 0.127 306.746 0.137
202403 0.132 312.332 0.140
202406 0.112 314.175 0.118
202409 0.108 315.301 0.113
202412 0.104 315.605 0.109
202503 0.088 319.799 0.091
202506 0.085 322.561 0.087
202509 0.076 324.800 0.077
202512 0.070 324.054 0.071
202603 0.068 330.213 0.068

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 0.08 mean?
Emc PCL (BKK:EMC) has a Cyclically Adjusted PB Ratio of 0.08 as of Aug. 05, 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 Emc PCL and its competitors. This is 72% below median its historical median of 0.29. Over the past decade, Emc PCL's Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.64. According to the industry distribution chart, Emc PCL ranks #20 out of 1342 companies in the Construction industry, placing it in the top 1.5%.
Is Emc PCL's Cyclically Adjusted PB Ratio too high?
Emc PCL's current Cyclically Adjusted PB Ratio of 0.08 is 72% below median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.64. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Emc PCL's value of 0.08 is 93% below this industry median. Based on the distribution chart, Emc PCL ranks #20 out of 1342 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Emc PCL's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Emc PCL ranks #20 out of 1342 companies for Cyclically Adjusted PB Ratio. This places Emc PCL in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.15. Emc PCL's value of 0.08 is 93% below this benchmark. Historically, Emc PCL's own Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.64 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.15, Emc 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.15, based on 1,342 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. Emc PCL's current Cyclically Adjusted PB Ratio of 0.08 is 93% 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 Emc PCL and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emc PCL's current Cyclically Adjusted PB Ratio is 0.08, which is 72% below median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emc PCL stock overvalued right now?
Based on GuruFocus' analysis, Emc PCL (BKK:EMC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.06, compared to a current price of ฿0.02 — trading 66.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.08, which is 72% below median its 10-year median of 0.29 and 93% below the Construction industry median of 1.15. 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 Emc PCL (BKK:EMC), the current Cyclically Adjusted PB Ratio is 0.08 as of Aug. 05, 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.

Emc PCL Business Description

Address Silom Road, 140/66-67, ITF Tower, 28th-30th Floor, Suriwongse, Bangrak, Bangkok, THA, 10500
Emc PCL is a fully integrated electrical and mechanical engineering company that consists of two business segments: Construction Contracting and Property Development. Its other operations include the design and installation of electrical systems, water supply systems, and sanitation systems, as well as providing architectural services. The company serves both government and private sector clients and operates in Thailand, where it derives a majority of its revenue from the Construction Contracting segment. The company undertakes various types of construction projects, including commercial buildings, residential buildings, educational institutions, industrial plants, and civil engineering works. EMC provides services from architectural design to complete building construction.