Grand Prix International PCL (BKK:GPI) Cyclically Adjusted PB Ratio: 1.16 (As of Jul. 28, 2026) — Near Median

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BKK:GPI Grand Prix International PCL BKK:GPI
95 GF Score
Price ฿1.78
GF Value ฿2.00
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Grand Prix International PCL Cyclically Adjusted PB Ratio?

Grand Prix International PCL BKK:GPI -0.56% 95 Cyclically Adjusted PB Ratio is 1.16 as of Jul. 28, 2026, which is 5% above its 10-year median of 1.11. GuruFocus rates BKK:GPI with a GF Score™ of 95/100 and a GF Value™ of ฿2.00 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 711 Media - Diversified companies, Grand Prix International PCL ranks worse than 55.7% on this metric.

As of today (2026-07-28), Grand Prix International PCL's current share price is ฿1.78. Grand Prix International PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.54. Grand Prix International PCL's Cyclically Adjusted PB Ratio for today is 1.16.

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

BKK:GPI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.11   Max: 1.16
Current: 1.16

During the past years, Grand Prix International PCL's highest Cyclically Adjusted PB Ratio was 1.16. The lowest was 1.05. And the median was 1.11.

BKK:GPI's Cyclically Adjusted PB Ratio is ranked worse than
55.7% of 711 companies
in the Media - Diversified industry
Industry Median: 0.97 vs BKK:GPI: 1.16

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.

Grand Prix International PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿1.497. 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 ฿1.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Prix International PCL  (BKK:GPI) 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.


Grand Prix International PCL Cyclically Adjusted PB Ratio Related Terms


Grand Prix International PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grand Prix International 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.

Grand Prix International PCL Cyclically Adjusted PB Ratio Chart

Grand Prix International 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 0.00 0.00 0.00 0.00 1.06

Grand Prix International 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 0.00 0.00 1.07 1.06 1.07

BKK:GPI vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, Grand Prix International 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.


Grand Prix International PCL Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Grand Prix International PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:GPI
95GF Score
Grand Prix International PCL BKK:GPI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grand Prix International 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.

Grand Prix International PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.78/1.54
=1.16

* 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.

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

For example, Grand Prix International 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)
=1.497/330.2130*330.2130
=1.497

Current CPI (Mar. 2026) = 330.2130.

Grand Prix International PCL Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.000 238.132 0.000
201609 0.000 241.428 0.000
201612 0.793 241.432 1.085
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.808 246.819 1.081
201712 1.237 246.524 1.657
201803 1.435 249.554 1.899
201806 1.436 251.989 1.882
201809 1.381 252.439 1.806
201812 1.306 251.233 1.717
201903 1.404 254.202 1.824
201906 1.535 256.143 1.979
201909 1.373 256.759 1.766
201912 1.296 256.974 1.665
202003 1.117 258.115 1.429
202006 1.029 257.797 1.318
202009 1.335 260.280 1.694
202012 1.247 260.474 1.581
202103 1.361 264.877 1.697
202106 1.389 271.696 1.688
202109 1.294 274.310 1.558
202112 1.220 278.802 1.445
202203 1.375 287.504 1.579
202206 1.385 296.311 1.543
202209 1.276 296.808 1.420
202212 1.202 296.797 1.337
202303 1.426 301.836 1.560
202306 1.425 305.109 1.542
202309 1.289 307.789 1.383
202312 1.228 306.746 1.322
202403 1.443 312.332 1.526
202406 1.493 314.175 1.569
202409 1.318 315.301 1.380
202412 1.249 315.605 1.307
202503 1.435 319.799 1.482
202506 1.521 322.561 1.557
202509 1.320 324.800 1.342
202512 1.215 324.054 1.238
202603 1.497 330.213 1.497

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 1.16 mean?
Grand Prix International PCL (BKK:GPI) has a Cyclically Adjusted PB Ratio of 1.16 as of Jul. 28, 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 Grand Prix International PCL and its competitors. This is near median its historical median of 1.11. Over the past decade, Grand Prix International PCL's Cyclically Adjusted PB Ratio has ranged from 1.05 to 1.16. According to the industry distribution chart, Grand Prix International PCL ranks #396 out of 711 companies in the Media - Diversified industry, placing it in the top 55.7%.
Is Grand Prix International PCL's Cyclically Adjusted PB Ratio too high?
Grand Prix International PCL's current Cyclically Adjusted PB Ratio of 1.16 is near median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 1.16. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. Grand Prix International PCL's value of 1.16 is 19.6% above this industry median. Based on the distribution chart, Grand Prix International PCL ranks #396 out of 711 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Grand Prix International PCL has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grand Prix International PCL's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Grand Prix International PCL ranks #396 out of 711 companies for Cyclically Adjusted PB Ratio. This places Grand Prix International PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Grand Prix International PCL's value of 1.16 is 19.6% above this benchmark. Historically, Grand Prix International PCL's own Cyclically Adjusted PB Ratio has ranged from 1.05 to 1.16 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 0.97, Grand Prix International 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 711 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. Grand Prix International PCL's current Cyclically Adjusted PB Ratio of 1.16 is 19.6% 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 Grand Prix International PCL and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Prix International PCL's current Cyclically Adjusted PB Ratio is 1.16, which is near median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Prix International PCL stock overvalued right now?
Based on GuruFocus' analysis, Grand Prix International PCL (BKK:GPI) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.00, compared to a current price of ฿1.78 — trading 11% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.16, which is near median its 10-year median of 1.11 and 19.6% above the Media - Diversified industry median of 0.97. Grand Prix International PCL's overall GF Score™ is 95/100 with 2 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 Grand Prix International PCL (BKK:GPI), the current Cyclically Adjusted PB Ratio is 1.16 as of Jul. 28, 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 Grand Prix International PCL (BKK:GPI) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Prix International PCL stock appears to be undervalued. The current stock price of ฿1.78 is trading 11% below its estimated GF Value™ of ฿2.00. GuruFocus considers Grand Prix International PCL to be Modestly Undervalued.

Key valuation signals for BKK:GPI:

  • Cyclically Adjusted PB Ratio: 1.16 (near median its 10-year median of 1.11)
  • GF Value™: ฿2.00 vs. price of ฿1.78 (11% below fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 19.6% above the Media - Diversified median (#396 of 711)

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


Grand Prix International PCL Business Description

Address Ladplaklao Road, No. 4/299, Moo 5, Soi Ladplaklao 66, Kwang Anusaovaree, Khet Bangkhen, Bangkok, THA, 10220
Grand Prix International PCL is engaged in providing space for motor shows, exhibitions, and automotive-related products and marketing promotion services, Advertising media in printing, television, and website, Production and distribution of books, Printing services, and Others. The business operation of the company is divided into segments, namely Activities Services, Media & Publishing, Printing Services, and the Other segment. The company derives a majority of its revenue from the Activities Services segment.
95GF Score

Get the complete analysis for BKK:GPI

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

฿1.78
Price
฿2.00
GF Value