Global Connections PCL (BKK:GC) Cyclically Adjusted PB Ratio: 3.43 (As of Jul. 19, 2026) — Near Median

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BKK:GC Global Connections PCL BKK:GC
77 GF Score
Price ฿4.98
GF Value ฿4.44
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Global Connections PCL Cyclically Adjusted PB Ratio?

Global Connections PCL BKK:GC -1.39% 77 Cyclically Adjusted PB Ratio is 3.43 as of Jul. 19, 2026, which is 9% above its 10-year median of 3.15. GuruFocus rates BKK:GC with a GF Score™ of 77/100 and a GF Value™ of ฿4.44 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,278 Chemicals companies, Global Connections PCL ranks worse than 74.96% on this metric.

As of today (2026-07-19), Global Connections PCL's current share price is ฿4.98. Global Connections PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.45. Global Connections PCL's Cyclically Adjusted PB Ratio for today is 3.43.

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

BKK:GC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.06   Med: 3.15   Max: 5.71
Current: 3.44

During the past years, Global Connections PCL's highest Cyclically Adjusted PB Ratio was 5.71. The lowest was 2.06. And the median was 3.15.

BKK:GC's Cyclically Adjusted PB Ratio is ranked worse than
74.96% of 1278 companies
in the Chemicals industry
Industry Median: 1.665 vs BKK:GC: 3.44

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.

Global Connections PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿1.693. 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 ฿1.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Connections PCL  (BKK:GC) 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.


Global Connections PCL Cyclically Adjusted PB Ratio Related Terms


Global Connections PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Global Connections 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.

Global Connections PCL Cyclically Adjusted PB Ratio Chart

Global Connections 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 4.33 4.49 4.13 3.69 2.83

Global Connections 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 3.62 2.53 2.83 2.83 3.14

BKK:GC vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Global Connections 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.


Global Connections PCL Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Global Connections PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:GC
77GF Score
Global Connections PCL BKK:GC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Connections 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.98/1.45
=3.43

* 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.

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

For example, Global Connections 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)
=1.693/330.2130*330.2130
=1.693

Current CPI (Mar. 2026) = 330.2130.

Global Connections PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.987 241.018 1.352
201609 0.943 241.428 1.290
201612 0.980 241.432 1.340
201703 1.047 243.801 1.418
201706 0.982 244.955 1.324
201709 0.948 246.819 1.268
201712 1.011 246.524 1.354
201803 1.066 249.554 1.411
201806 1.010 251.989 1.324
201809 0.979 252.439 1.281
201812 1.025 251.233 1.347
201903 1.094 254.202 1.421
201906 1.051 256.143 1.355
201909 1.021 256.759 1.313
201912 1.086 256.974 1.396
202003 1.165 258.115 1.490
202006 1.087 257.797 1.392
202009 1.084 260.280 1.375
202012 1.186 260.474 1.504
202103 1.340 264.877 1.671
202106 1.266 271.696 1.539
202109 1.160 274.310 1.396
202112 1.250 278.802 1.480
202203 1.391 287.504 1.598
202206 1.382 296.311 1.540
202209 1.239 296.808 1.378
202212 1.307 296.797 1.454
202303 1.472 301.836 1.610
202306 1.404 305.109 1.520
202309 1.300 307.789 1.395
202312 1.378 306.746 1.483
202403 1.515 312.332 1.602
202406 1.453 314.175 1.527
202409 1.345 315.301 1.409
202412 1.452 315.605 1.519
202503 1.567 319.799 1.618
202506 1.472 322.561 1.507
202509 1.412 324.800 1.436
202512 1.500 324.054 1.529
202603 1.693 330.213 1.693

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 3.43 mean?
Global Connections PCL (BKK:GC) has a Cyclically Adjusted PB Ratio of 3.43 as of Jul. 19, 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 Global Connections PCL and its competitors. This is near median its historical median of 3.15. Over the past decade, Global Connections PCL's Cyclically Adjusted PB Ratio has ranged from 2.06 to 5.71. According to the industry distribution chart, Global Connections PCL ranks #958 out of 1278 companies in the Chemicals industry, placing it in the top 75%.
Is Global Connections PCL's Cyclically Adjusted PB Ratio too high?
Global Connections PCL's current Cyclically Adjusted PB Ratio of 3.43 is near median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 5.71. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Global Connections PCL's value of 3.43 is 106% above this industry median. Based on the distribution chart, Global Connections PCL ranks #958 out of 1278 companies in the Chemicals industry, which is below the industry midpoint. Overall, Global Connections PCL has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Connections PCL's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Global Connections PCL ranks #958 out of 1278 companies for Cyclically Adjusted PB Ratio. This places Global Connections PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Global Connections PCL's value of 3.43 is 106% above this benchmark. Historically, Global Connections PCL's own Cyclically Adjusted PB Ratio has ranged from 2.06 to 5.71 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 1.67, Global Connections PCL has consistently been above 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,278 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. Global Connections PCL's current Cyclically Adjusted PB Ratio of 3.43 is 106% above 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 Global Connections PCL and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Connections PCL's current Cyclically Adjusted PB Ratio is 3.43, which is near median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Connections PCL stock overvalued right now?
Based on GuruFocus' analysis, Global Connections PCL (BKK:GC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.44, compared to a current price of ฿4.98 — trading 12.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.43, which is near median its 10-year median of 3.15 and 106% above the Chemicals industry median of 1.67. Global Connections PCL's overall GF Score™ is 77/100 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 Global Connections PCL (BKK:GC), the current Cyclically Adjusted PB Ratio is 3.43 as of Jul. 19, 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 Global Connections PCL (BKK:GC) Overvalued in 2026?

Based on GuruFocus' analysis, Global Connections PCL stock appears to be overvalued. The current stock price of ฿4.98 is trading 12.2% above its estimated GF Value™ of ฿4.44. GuruFocus considers Global Connections PCL to be Modestly Overvalued.

Key valuation signals for BKK:GC:

  • Cyclically Adjusted PB Ratio: 3.43 (near median its 10-year median of 3.15)
  • GF Value™: ฿4.44 vs. price of ฿4.98 (12.2% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 106% above the Chemicals median (#958 of 1278)

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


Global Connections PCL Business Description

Address 13/1 Moo 2 King-Kaew Road, Tambol Rachateva, Amphoe Bang Phli, Samuthprakarn, THA, 10540
Global Connections PCL is a Thailand-based company engaged in the wholesale of plastic and plastic-related products. It is principally engaged in the distribution of commodity polymers and special additive products. The company's product consists of bio-oil cleaning, bio deodorizers, intermediate chemicals, plaswite which is a concentrated titanium dioxide, Magnum ABS (acrylonitrile butadiene styrene) resins, and others.
77GF Score

Get the complete analysis for BKK:GC

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

฿4.98
Price
฿4.44
GF Value