Filter Vision PCL (BKK:FVC) Cyclically Adjusted PB Ratio: 0.30 (As of Jul. 13, 2026) — 60% Below Median


BKK:FVC Filter Vision PCL BKK:FVC
41 GF Score
Price ฿0.32
GF Value ฿0.47
Valuation Possible Value Trap
! 7 Warning Signs
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What is Filter Vision PCL Cyclically Adjusted PB Ratio?

Filter Vision PCL BKK:FVC -3.03% 41 Cyclically Adjusted PB Ratio is 0.30 as of Jul. 13, 2026, which is 60% below its 10-year median of 0.75. GuruFocus rates BKK:FVC with a GF Score™ of 41/100 and a GF Value™ of ฿0.47 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,296 Industrial Products companies, Filter Vision PCL ranks better than 94.69% on this metric.

As of today (2026-07-13), Filter Vision PCL's current share price is ฿0.32. Filter Vision PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.08. Filter Vision PCL's Cyclically Adjusted PB Ratio for today is 0.30.

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

BKK:FVC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.75   Max: 2.13
Current: 0.3

During the past years, Filter Vision PCL's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.27. And the median was 0.75.

BKK:FVC's Cyclically Adjusted PB Ratio is ranked better than
94.69% of 2296 companies
in the Industrial Products industry
Industry Median: 2.215 vs BKK:FVC: 0.30

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.

Filter Vision PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿0.646. 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 ฿1.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Filter Vision PCL  (BKK:FVC) 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.


Filter Vision PCL Cyclically Adjusted PB Ratio Related Terms


Filter Vision PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Filter Vision 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.

Filter Vision PCL Cyclically Adjusted PB Ratio Chart

Filter Vision 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 1.30 1.18 0.77 0.40 0.46

Filter Vision 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 0.40 0.34 0.43 0.46 0.34

BKK:FVC vs VLTO, ZWS, CECO: Cyclically Adjusted PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, Filter Vision 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.


Filter Vision PCL Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Filter Vision PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:FVC
41GF Score
Filter Vision PCL BKK:FVC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Filter Vision 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.32/1.08
=0.30

* 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.

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

For example, Filter Vision 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)
=0.646/330.2130*330.2130
=0.646

Current CPI (Mar. 2026) = 330.2130.

Filter Vision PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.012 241.018 1.387
201609 1.038 241.428 1.420
201612 0.951 241.432 1.301
201703 0.965 243.801 1.307
201706 1.178 244.955 1.588
201709 1.188 246.819 1.589
201712 1.201 246.524 1.609
201803 1.189 249.554 1.573
201806 1.149 251.989 1.506
201809 1.137 252.439 1.487
201812 1.161 251.233 1.526
201903 1.160 254.202 1.507
201906 1.112 256.143 1.434
201909 1.101 256.759 1.416
201912 0.700 256.974 0.900
202003 0.688 258.115 0.880
202006 0.635 257.797 0.813
202009 0.624 260.280 0.792
202012 0.545 260.474 0.691
202103 0.559 264.877 0.697
202106 0.537 271.696 0.653
202109 0.546 274.310 0.657
202112 0.578 278.802 0.685
202203 0.594 287.504 0.682
202206 0.604 296.311 0.673
202209 0.620 296.808 0.690
202212 0.877 296.797 0.976
202303 0.891 301.836 0.975
202306 0.884 305.109 0.957
202309 0.900 307.789 0.966
202312 1.037 306.746 1.116
202403 1.057 312.332 1.118
202406 1.067 314.175 1.121
202409 1.062 315.301 1.112
202412 1.052 315.605 1.101
202503 1.049 319.799 1.083
202506 1.060 322.561 1.085
202509 0.650 324.800 0.661
202512 0.649 324.054 0.661
202603 0.646 330.213 0.646

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 0.30 mean?
Filter Vision PCL (BKK:FVC) has a Cyclically Adjusted PB Ratio of 0.30 as of Jul. 13, 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 Filter Vision PCL and its competitors. This is 60% below median its historical median of 0.75. Over the past decade, Filter Vision PCL's Cyclically Adjusted PB Ratio has ranged from 0.27 to 2.13. According to the industry distribution chart, Filter Vision PCL ranks #122 out of 2296 companies in the Industrial Products industry, placing it in the top 5.3%.
Is Filter Vision PCL's Cyclically Adjusted PB Ratio too high?
Filter Vision PCL's current Cyclically Adjusted PB Ratio of 0.30 is 60% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 2.13. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.22. Filter Vision PCL's value of 0.30 is 86.5% below this industry median. Based on the distribution chart, Filter Vision PCL ranks #122 out of 2296 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Filter Vision PCL has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Filter Vision PCL's Cyclically Adjusted PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Filter Vision PCL ranks #122 out of 2296 companies for Cyclically Adjusted PB Ratio. This places Filter Vision PCL in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.22. Filter Vision PCL's value of 0.30 is 86.5% below this benchmark. Historically, Filter Vision PCL's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 2.13 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 2.22, Filter Vision 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 2.22, based on 2,296 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. Filter Vision PCL's current Cyclically Adjusted PB Ratio of 0.30 is 86.5% 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 Filter Vision PCL and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Filter Vision PCL's current Cyclically Adjusted PB Ratio is 0.30, which is 60% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Filter Vision PCL stock overvalued right now?
Based on GuruFocus' analysis, Filter Vision PCL (BKK:FVC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.47, compared to a current price of ฿0.32 — trading 31.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.30, which is 60% below median its 10-year median of 0.75 and 86.5% below the Industrial Products industry median of 2.22. Filter Vision PCL's overall GF Score™ is 41/100 with 7 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 Filter Vision PCL (BKK:FVC), the current Cyclically Adjusted PB Ratio is 0.30 as of Jul. 13, 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 Filter Vision PCL (BKK:FVC) Overvalued in 2026?

Based on GuruFocus' analysis, Filter Vision PCL stock appears to be undervalued. The current stock price of ฿0.32 is trading 31.9% below its estimated GF Value™ of ฿0.47. GuruFocus considers Filter Vision PCL to be Possible Value Trap.

Key valuation signals for BKK:FVC:

  • Cyclically Adjusted PB Ratio: 0.30 (60% below median its 10-year median of 0.75)
  • GF Value™: ฿0.47 vs. price of ฿0.32 (31.9% below fair value)
  • GF Score™: 41/100 with 7 warning signs
  • Industry Position: 86.5% below the Industrial Products median (#122 of 2296)

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


Filter Vision PCL Business Description

Address 95 Soi Ramintra 117, Ramintra Road, Khwaeng Minburi, Khet Minburi, Bangkok, THA, 10510
Filter Vision PCL is engaged in the pure water treatment business. It operates in Thailand and is involved in the distribution, design, assembly, and installation of the pure water treatment system and service preventive maintenance of the pure water treatment system. The group's reportable segments are Sales and services for pure water treatment system to industrial and original equipment manufacturing water system segment; Sales and services for pure water treatment system to commercial and residential segment; Industrial estate development and integrated infrastructure & utility services; and Sales and services for medical service segment. It derives maximum revenue from Sales and services for medical service segment.
41GF Score

Get the complete analysis for BKK:FVC

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

฿0.32
Price
฿0.47
GF Value