G Capital PCL (BKK:GCAP) Cyclically Adjusted PB Ratio: 0.15 (As of Jul. 17, 2026) — 52% Below Median

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BKK:GCAP G Capital PCL BKK:GCAP
27 GF Score
Price ฿0.25
GF Value ฿0.24
Valuation Fairly Valued
! 4 Warning Signs
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What is G Capital PCL Cyclically Adjusted PB Ratio?

G Capital PCL BKK:GCAP 27 Cyclically Adjusted PB Ratio is 0.15 as of Jul. 17, 2026, which is 52% below its 10-year median of 0.31. GuruFocus rates BKK:GCAP with a GF Score™ of 27/100 and a GF Value™ of ฿0.24 (Fairly Valued). The stock has 4 warning signs investors should review. Among 417 Credit Services companies, G Capital PCL ranks better than 94.24% on this metric.

As of today (2026-07-17), G Capital PCL's current share price is ฿0.25. G Capital PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.68. G Capital PCL's Cyclically Adjusted PB Ratio for today is 0.15.

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

BKK:GCAP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.31   Max: 1.67
Current: 0.15

During the past years, G Capital PCL's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.12. And the median was 0.31.

BKK:GCAP's Cyclically Adjusted PB Ratio is ranked better than
94.24% of 417 companies
in the Credit Services industry
Industry Median: 0.95 vs BKK:GCAP: 0.15

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.

G Capital PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿0.782. 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 ฿1.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


G Capital PCL  (BKK:GCAP) 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.


G Capital PCL Cyclically Adjusted PB Ratio Related Terms


G Capital PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for G Capital 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.

G Capital PCL Cyclically Adjusted PB Ratio Chart

G Capital 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 1.35 0.70 0.32 0.18 0.18

G Capital 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 0.13 0.16 0.23 0.18 0.16

BKK:GCAP vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, G Capital 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.


G Capital PCL Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, G Capital PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:GCAP
27GF Score
G Capital PCL BKK:GCAP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

G Capital 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.25/1.68
=0.15

* 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.

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

For example, G Capital 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)
=0.782/330.2130*330.2130
=0.782

Current CPI (Mar. 2026) = 330.2130.

G Capital PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.381 241.018 1.892
201609 1.388 241.428 1.898
201612 1.435 241.432 1.963
201703 1.473 243.801 1.995
201706 1.420 244.955 1.914
201709 1.415 246.819 1.893
201712 1.429 246.524 1.914
201803 1.486 249.554 1.966
201806 1.467 251.989 1.922
201809 1.412 252.439 1.847
201812 1.743 251.233 2.291
201903 1.756 254.202 2.281
201906 1.831 256.143 2.360
201909 1.795 256.759 2.309
201912 1.831 256.974 2.353
202003 1.826 258.115 2.336
202006 1.742 257.797 2.231
202009 1.730 260.280 2.195
202012 1.718 260.474 2.178
202103 1.600 264.877 1.995
202106 1.533 271.696 1.863
202109 1.538 274.310 1.851
202112 1.529 278.802 1.811
202203 1.478 287.504 1.698
202206 1.378 296.311 1.536
202209 1.368 296.808 1.522
202212 1.115 296.797 1.241
202303 1.142 301.836 1.249
202306 1.149 305.109 1.244
202309 1.161 307.789 1.246
202312 1.141 306.746 1.228
202403 1.080 312.332 1.142
202406 1.052 314.175 1.106
202409 1.067 315.301 1.117
202412 0.962 315.605 1.007
202503 0.927 319.799 0.957
202506 0.924 322.561 0.946
202509 0.916 324.800 0.931
202512 0.795 324.054 0.810
202603 0.782 330.213 0.782

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 0.15 mean?
G Capital PCL (BKK:GCAP) has a Cyclically Adjusted PB Ratio of 0.15 as of Jul. 17, 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 G Capital PCL and its competitors. This is 52% below median its historical median of 0.31. Over the past decade, G Capital PCL's Cyclically Adjusted PB Ratio has ranged from 0.12 to 1.67. According to the industry distribution chart, G Capital PCL ranks #24 out of 417 companies in the Credit Services industry, placing it in the top 5.8%.
Is G Capital PCL's Cyclically Adjusted PB Ratio too high?
G Capital PCL's current Cyclically Adjusted PB Ratio of 0.15 is 52% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.67. The Credit Services industry median Cyclically Adjusted PB Ratio is 0.95. G Capital PCL's value of 0.15 is 84.2% below this industry median. Based on the distribution chart, G Capital PCL ranks #24 out of 417 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, G Capital PCL has a GF Score™ of 27/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does G Capital PCL's Cyclically Adjusted PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, G Capital PCL ranks #24 out of 417 companies for Cyclically Adjusted PB Ratio. This places G Capital PCL in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.95. G Capital PCL's value of 0.15 is 84.2% below this benchmark. Historically, G Capital PCL's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 1.67 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.95, G Capital 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 Credit Services company?
The median Cyclically Adjusted PB Ratio among Credit Services companies is 0.95, based on 417 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. G Capital PCL's current Cyclically Adjusted PB Ratio of 0.15 is 84.2% 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 G Capital PCL and its competitors. For the Credit Services industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G Capital PCL's current Cyclically Adjusted PB Ratio is 0.15, which is 52% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, G Capital PCL (BKK:GCAP) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.24, compared to a current price of ฿0.25 — trading 4.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.15, which is 52% below median its 10-year median of 0.31 and 84.2% below the Credit Services industry median of 0.95. G Capital PCL's overall GF Score™ is 27/100 with 4 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 G Capital PCL (BKK:GCAP), the current Cyclically Adjusted PB Ratio is 0.15 as of Jul. 17, 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 G Capital PCL (BKK:GCAP) Overvalued in 2026?

Based on GuruFocus' analysis, G Capital PCL stock appears to be overvalued. The current stock price of ฿0.25 is trading 4.2% above its estimated GF Value™ of ฿0.24. GuruFocus considers G Capital PCL to be Fairly Valued.

Key valuation signals for BKK:GCAP:

  • Cyclically Adjusted PB Ratio: 0.15 (52% below median its 10-year median of 0.31)
  • GF Value™: ฿0.24 vs. price of ฿0.25 (4.2% above fair value)
  • GF Score™: 27/100 with 4 warning signs
  • Industry Position: 84.2% below the Credit Services median (#24 of 417)

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


G Capital PCL Business Description

Address Sathorn South Road, 9/9 At Sathorn Building, 19th Floor, Yannawa Subdistrict, Sathorn District, Bangkok, THA, 10120
G Capital PCL is a company that operates in a credit service business. Its principal activity is to act as an agent to acquire the asset, provide hire-purchase agreements and personal loans under supervision, and retail business loans under supervision. The main business operation is to provide credit for the hire-purchase of agricultural machinery, loans for commercial. It opened a hire-purchase loan service for various types of agricultural machinery, such as rice combine harvesters. corn combine harvester Tractors and attachments Rubber crepe presses, wheel loaders, and other agricultural machinery. Geographically all the operations function through the regions of Thailand.
27GF Score

Get the complete analysis for BKK:GCAP

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

฿0.25
Price
฿0.24
GF Value