General Environmental Conservation PCL (BKK:GENCO-R) Cyclically Adjusted PB Ratio: 0.31 (As of Sep. 10, 2026) — 24% Below Median

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BKK:GENCO-R General Environmental Conservation PCL BKK:GENCO-R
36 GF Score
Price ฿0.34
GF Value ฿0.34
Valuation Fairly Valued
! 6 Warning Signs
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What is General Environmental Conservation PCL Cyclically Adjusted PB Ratio?

General Environmental Conservation PCL BKK:GENCO-R 36 Cyclically Adjusted PB Ratio is 0.31 as of Sep. 10, 2026, which is 24% below its 10-year median of 0.41. GuruFocus rates BKK:GENCO-R with a GF Score™ of 36/100 and a GF Value™ of ฿0.34 (Fairly Valued). The stock has 6 warning signs investors should review. Among 157 Waste Management companies, General Environmental Conservation PCL ranks better than 88.54% on this metric.

As of today (2026-09-10), General Environmental Conservation PCL's current share price is ฿0.34. General Environmental Conservation PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿1.09. General Environmental Conservation PCL's Cyclically Adjusted PB Ratio for today is 0.31.

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

BKK:GENCO-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.41   Max: 0.88
Current: 0.25

During the past years, General Environmental Conservation PCL's highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.16. And the median was 0.41.

BKK:GENCO-R's Cyclically Adjusted PB Ratio is ranked better than
88.54% of 157 companies
in the Waste Management industry
Industry Median: 1.71 vs BKK:GENCO-R: 0.25

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.

General Environmental Conservation PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿1.002. 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 ฿1.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Environmental Conservation PCL  (BKK:GENCO-R) 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.


General Environmental Conservation PCL Cyclically Adjusted PB Ratio Related Terms


General Environmental Conservation PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for General Environmental Conservation 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.

General Environmental Conservation PCL Cyclically Adjusted PB Ratio Chart

General Environmental Conservation 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 0.68 0.42 0.35 0.29 0.18

General Environmental Conservation 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 0.18 0.19 0.18 0.21 0.23

BKK:GENCO-R vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, General Environmental Conservation 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.


General Environmental Conservation PCL Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, General Environmental Conservation PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:GENCO-R
36GF Score
General Environmental Conservation PCL BKK:GENCO-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

General Environmental Conservation 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.

General Environmental Conservation PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.34/1.09
=0.31

* 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.

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

For example, General Environmental Conservation 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)
=1.002/333.9520*333.9520
=1.002

Current CPI (Jun. 2026) = 333.9520.

General Environmental Conservation PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.219 241.428 1.686
201612 1.205 241.432 1.667
201703 1.204 243.801 1.649
201706 1.194 244.955 1.628
201709 1.198 246.819 1.621
201712 1.192 246.524 1.615
201803 1.190 249.554 1.592
201806 1.173 251.989 1.555
201809 1.293 252.439 1.711
201812 1.284 251.233 1.707
201903 1.282 254.202 1.684
201906 1.256 256.143 1.638
201909 1.254 256.759 1.631
201912 1.233 256.974 1.602
202003 1.217 258.115 1.575
202006 1.205 257.797 1.561
202009 1.199 260.280 1.538
202012 1.180 260.474 1.513
202103 1.183 264.877 1.492
202106 1.184 271.696 1.455
202109 1.190 274.310 1.449
202112 1.188 278.802 1.423
202203 1.204 287.504 1.399
202206 1.203 296.311 1.356
202209 1.188 296.808 1.337
202212 1.184 296.797 1.332
202303 1.172 301.836 1.297
202306 1.163 305.109 1.273
202309 1.155 307.789 1.253
202312 1.101 306.746 1.199
202403 1.103 312.332 1.179
202406 1.108 314.175 1.178
202409 1.121 315.301 1.187
202412 0.999 315.605 1.057
202503 1.000 319.799 1.044
202506 0.999 322.561 1.034
202509 1.009 324.800 1.037
202512 0.996 324.054 1.026
202603 1.000 330.213 1.011
202606 1.002 333.952 1.002

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 0.31 mean?
General Environmental Conservation PCL (BKK:GENCO-R) has a Cyclically Adjusted PB Ratio of 0.31 as of Sep. 10, 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 General Environmental Conservation PCL and its competitors. This is 24% below median its historical median of 0.41. Over the past decade, General Environmental Conservation PCL's Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.88. According to the industry distribution chart, General Environmental Conservation PCL ranks #18 out of 157 companies in the Waste Management industry, placing it in the top 11.5%.
Is General Environmental Conservation PCL's Cyclically Adjusted PB Ratio too high?
General Environmental Conservation PCL's current Cyclically Adjusted PB Ratio of 0.31 is 24% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.88. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.71. General Environmental Conservation PCL's value of 0.31 is 81.9% below this industry median. Based on the distribution chart, General Environmental Conservation PCL ranks #18 out of 157 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, General Environmental Conservation PCL has a GF Score™ of 36/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does General Environmental Conservation PCL's Cyclically Adjusted PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, General Environmental Conservation PCL ranks #18 out of 157 companies for Cyclically Adjusted PB Ratio. This places General Environmental Conservation PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.71. General Environmental Conservation PCL's value of 0.31 is 81.9% below this benchmark. Historically, General Environmental Conservation PCL's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.88 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.71, General Environmental Conservation 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 Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.71, based on 157 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. General Environmental Conservation PCL's current Cyclically Adjusted PB Ratio of 0.31 is 81.9% 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 General Environmental Conservation PCL and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Environmental Conservation PCL's current Cyclically Adjusted PB Ratio is 0.31, which is 24% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Environmental Conservation PCL stock overvalued right now?
Based on GuruFocus' analysis, General Environmental Conservation PCL (BKK:GENCO-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.34, compared to a current price of ฿0.34 — trading right at its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.31, which is 24% below median its 10-year median of 0.41 and 81.9% below the Waste Management industry median of 1.71. General Environmental Conservation PCL's overall GF Score™ is 36/100 with 6 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 General Environmental Conservation PCL (BKK:GENCO-R), the current Cyclically Adjusted PB Ratio is 0.31 as of Sep. 10, 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 General Environmental Conservation PCL (BKK:GENCO-R) Overvalued in 2026?

Based on GuruFocus' analysis, General Environmental Conservation PCL stock appears to be undervalued. The current stock price of ฿0.34 is trading 0% below its estimated GF Value™ of ฿0.34. GuruFocus considers General Environmental Conservation PCL to be Fairly Valued.

Key valuation signals for BKK:GENCO-R:

  • Cyclically Adjusted PB Ratio: 0.31 (24% below median its 10-year median of 0.41)
  • GF Value™: ฿0.34 vs. price of ฿0.34 (0% below fair value)
  • GF Score™: 36/100 with 6 warning signs
  • Industry Position: 81.9% below the Waste Management median (#18 of 157)

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


General Environmental Conservation PCL Business Description

Other Exchanges GENCO:Thailand
Address 447 Bondstreet Road, Bangpood, Parkkred, Nonthaburi, THA, 111202502-0900
General Environmental Conservation PCL operates in Thailand and is engaged in the treatment of industrial waste and unavoidable by - products of manufacturing processes, real estate business and other business. It operates the business related to treatment of industrial waste property development business and other business such as a service contract in relevant to distributor of medical equipment and cannabis business which the Company has disposed off.
36GF Score

Get the complete analysis for BKK:GENCO-R

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

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