Everland PCL (BKK:EVER) Cyclically Adjusted PB Ratio: 0.10 (As of Sep. 11, 2026) — 70% Below 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.

What is Everland PCL Cyclically Adjusted PB Ratio?

Everland PCL BKK:EVER Cyclically Adjusted PB Ratio is 0.10 as of Sep. 11, 2026, which is 70% below its 10-year median of 0.33. The stock has 3 warning signs investors should review. Among 1,301 Real Estate companies, Everland PCL ranks better than 90.55% on this metric.

As of today (2026-09-11), Everland PCL's current share price is ฿0.07. Everland PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿0.69. Everland PCL's Cyclically Adjusted PB Ratio for today is 0.10.

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

BKK:EVER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.33   Max: 0.8
Current: 0.09

During the past years, Everland PCL's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.06. And the median was 0.33.

BKK:EVER's Cyclically Adjusted PB Ratio is ranked better than
90.55% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs BKK:EVER: 0.09

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.

Everland PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿0.302. 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 ฿0.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Everland PCL  (BKK:EVER) 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.


Everland PCL Cyclically Adjusted PB Ratio Related Terms


Everland PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Everland 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.

Everland PCL Cyclically Adjusted PB Ratio Chart

Everland 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 0.55 0.34 0.21 0.16 0.06

Everland 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 0.08 0.07 0.06 0.07 0.13

Everland PCL Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Everland 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.


Everland PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Everland PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Everland 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.07/0.69
=0.10

* 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.

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

For example, Everland 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)
=0.302/333.9520*333.9520
=0.302

Current CPI (Jun. 2026) = 333.9520.

Everland PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.871 241.428 1.205
201612 0.717 241.432 0.992
201703 0.697 243.801 0.955
201706 0.684 244.955 0.933
201709 0.666 246.819 0.901
201712 0.641 246.524 0.868
201803 0.631 249.554 0.844
201806 0.612 251.989 0.811
201809 0.605 252.439 0.800
201812 0.553 251.233 0.735
201903 0.657 254.202 0.863
201906 0.667 256.143 0.870
201909 0.668 256.759 0.869
201912 0.637 256.974 0.828
202003 0.642 258.115 0.831
202006 0.672 257.797 0.871
202009 0.659 260.280 0.846
202012 0.671 260.474 0.860
202103 0.683 264.877 0.861
202106 0.677 271.696 0.832
202109 0.671 274.310 0.817
202112 0.636 278.802 0.762
202203 0.559 287.504 0.649
202206 0.548 296.311 0.618
202209 0.539 296.808 0.606
202212 0.520 296.797 0.585
202303 0.499 301.836 0.552
202306 0.480 305.109 0.525
202309 0.463 307.789 0.502
202312 0.448 306.746 0.488
202403 0.434 312.332 0.464
202406 0.419 314.175 0.445
202409 0.408 315.301 0.432
202412 0.378 315.605 0.400
202503 0.357 319.799 0.373
202506 0.338 322.561 0.350
202509 0.359 324.800 0.369
202512 0.345 324.054 0.356
202603 0.324 330.213 0.328
202606 0.302 333.952 0.302

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 0.10 mean?
Everland PCL (BKK:EVER) has a Cyclically Adjusted PB Ratio of 0.10 as of Sep. 11, 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 Everland PCL and its competitors. This is 70% below median its historical median of 0.33. Over the past decade, Everland PCL's Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.80. According to the industry distribution chart, Everland PCL ranks #123 out of 1301 companies in the Real Estate industry, placing it in the top 9.5%.
Is Everland PCL's Cyclically Adjusted PB Ratio too high?
Everland PCL's current Cyclically Adjusted PB Ratio of 0.10 is 70% below median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.80. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Everland PCL's value of 0.10 is 85.1% below this industry median. Based on the distribution chart, Everland PCL ranks #123 out of 1301 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Everland PCL's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Everland PCL ranks #123 out of 1301 companies for Cyclically Adjusted PB Ratio. This places Everland PCL in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.67. Everland PCL's value of 0.10 is 85.1% below this benchmark. Historically, Everland PCL's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.80 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.67, Everland 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.67, based on 1,301 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. Everland PCL's current Cyclically Adjusted PB Ratio of 0.10 is 85.1% 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 Everland PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everland PCL's current Cyclically Adjusted PB Ratio is 0.10, which is 70% below median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everland PCL stock overvalued right now?
Based on GuruFocus' analysis, Everland PCL (BKK:EVER) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.07, compared to a current price of ฿0.07 — trading right at its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.10, which is 70% below median its 10-year median of 0.33 and 85.1% below the Real Estate industry median of 0.67. 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 Everland PCL (BKK:EVER), the current Cyclically Adjusted PB Ratio is 0.10 as of Sep. 11, 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.

Everland PCL Business Description

Other Exchanges EVER-R:Thailand
Address Sanphawut Road, 223/96 Country Complex Tower A, 21st Floor, Kwang Bangna, Khet Bangna, Bangkok, THA, 10260
Everland PCL operates a real estate development business. The company's activities are engaged in property and land development with many projects available in locations both inside and outside Bangkok. The company has aggregated its operations into two reportable segments, the Property Development segment and Hospital and dental clinic segment. The company operates in Thailand and derives a majority of revenue from the Property Development segment.