Green Tech Ventures PCL (BKK:GTV) Cyclically Adjusted PB Ratio: 0.09 (As of Sep. 04, 2026) — 79% Below Median

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What is Green Tech Ventures PCL Cyclically Adjusted PB Ratio?

Green Tech Ventures PCL BKK:GTV -25.00% Cyclically Adjusted PB Ratio is 0.09 as of Sep. 04, 2026, which is 79% below its 10-year median of 0.43. The stock has 7 warning signs investors should review. Among 261 Utilities - Independent Power Producers companies, Green Tech Ventures PCL ranks better than 96.93% on this metric.

As of today (2026-09-04), Green Tech Ventures PCL's current share price is ฿0.03. Green Tech Ventures PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿0.35. Green Tech Ventures PCL's Cyclically Adjusted PB Ratio for today is 0.09.

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

BKK:GTV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.43   Max: 1.73
Current: 0.09

During the past years, Green Tech Ventures PCL's highest Cyclically Adjusted PB Ratio was 1.73. The lowest was 0.06. And the median was 0.43.

BKK:GTV's Cyclically Adjusted PB Ratio is ranked better than
96.93% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.19 vs BKK:GTV: 0.09

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.

Green Tech Ventures PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿0.175. 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 ฿0.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Tech Ventures PCL  (BKK:GTV) 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.


Green Tech Ventures PCL Cyclically Adjusted PB Ratio Related Terms


Green Tech Ventures PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Green Tech Ventures 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.

Green Tech Ventures PCL Cyclically Adjusted PB Ratio Chart

Green Tech Ventures 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 0.92 0.50 0.46 0.40 0.09

Green Tech Ventures 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 0.22 0.22 0.09 0.11 0.06

BKK:GTV vs CEG, VST, NRG: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Green Tech Ventures 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.


Green Tech Ventures PCL Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Tech Ventures PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Green Tech Ventures PCL's Cyclically Adjusted PB Ratio falls into.



Green Tech Ventures 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.

Green Tech Ventures PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.35
=0.09

* 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.

Green Tech Ventures PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Green Tech Ventures 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)
=0.175/333.9520*333.9520
=0.175

Current CPI (Jun. 2026) = 333.9520.

Green Tech Ventures PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.363 241.428 0.502
201612 0.369 241.432 0.510
201703 0.361 243.801 0.494
201706 0.356 244.955 0.485
201709 0.352 246.819 0.476
201712 0.346 246.524 0.469
201803 0.341 249.554 0.456
201806 0.338 251.989 0.448
201809 0.334 252.439 0.442
201812 0.322 251.233 0.428
201903 0.320 254.202 0.420
201906 0.319 256.143 0.416
201909 0.317 256.759 0.412
201912 0.315 256.974 0.409
202003 0.314 258.115 0.406
202006 0.313 257.797 0.405
202009 0.362 260.280 0.464
202012 0.283 260.474 0.363
202103 0.284 264.877 0.358
202106 0.284 271.696 0.349
202109 0.292 274.310 0.355
202112 0.299 278.802 0.358
202203 0.298 287.504 0.346
202206 0.317 296.311 0.357
202209 0.323 296.808 0.363
202212 0.297 296.797 0.334
202303 0.296 301.836 0.327
202306 0.278 305.109 0.304
202309 0.266 307.789 0.289
202312 0.189 306.746 0.206
202403 0.207 312.332 0.221
202406 0.191 314.175 0.203
202409 0.183 315.301 0.194
202412 0.176 315.605 0.186
202503 0.177 319.799 0.185
202506 0.176 322.561 0.182
202509 0.175 324.800 0.180
202512 0.171 324.054 0.176
202603 0.173 330.213 0.175
202606 0.175 333.952 0.175

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 0.09 mean?
Green Tech Ventures PCL (BKK:GTV) has a Cyclically Adjusted PB Ratio of 0.09 as of Sep. 04, 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 Green Tech Ventures PCL and its competitors. This is 79% below median its historical median of 0.43. Over the past decade, Green Tech Ventures PCL's Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.73. According to the industry distribution chart, Green Tech Ventures PCL ranks #8 out of 261 companies in the Utilities - Independent Power Producers industry, placing it in the top 3.1%.
Is Green Tech Ventures PCL's Cyclically Adjusted PB Ratio too high?
Green Tech Ventures PCL's current Cyclically Adjusted PB Ratio of 0.09 is 79% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.73. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.19. Green Tech Ventures PCL's value of 0.09 is 92.4% below this industry median. Based on the distribution chart, Green Tech Ventures PCL ranks #8 out of 261 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers.
How does Green Tech Ventures PCL's Cyclically Adjusted PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Green Tech Ventures PCL ranks #8 out of 261 companies for Cyclically Adjusted PB Ratio. This places Green Tech Ventures PCL in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.19. Green Tech Ventures PCL's value of 0.09 is 92.4% below this benchmark. Historically, Green Tech Ventures PCL's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.73 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.19, Green Tech Ventures 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 Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.19, based on 261 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. Green Tech Ventures PCL's current Cyclically Adjusted PB Ratio of 0.09 is 92.4% 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 Green Tech Ventures PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Tech Ventures PCL's current Cyclically Adjusted PB Ratio is 0.09, which is 79% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Tech Ventures PCL stock overvalued right now?
Based on GuruFocus' analysis, Green Tech Ventures PCL (BKK:GTV) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.03 — trading 25% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.09, which is 79% below median its 10-year median of 0.43 and 92.4% below the Utilities - Independent Power Producers industry median of 1.19. 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 Green Tech Ventures PCL (BKK:GTV), the current Cyclically Adjusted PB Ratio is 0.09 as of Sep. 04, 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.

Green Tech Ventures PCL Business Description

Address Rama IV Road, No. 944, 26th Floor, Unit S 26059, Mitrtown Office Tower, Wang Mai Subdistrict, Pathumwan District, Samyan, Bangkok, THA, 10330
Green Tech Ventures PCL is engaged in electricity generation, property development, and cryptocurrency mining business. The company classifies its operating segments based on types of businesses, which include electricity generating, property development, and digital asset. Maximum revenue is derived from the electricity-generating segment, which is involved in generating and selling energy from its solar power projects. Geographically, the company generates maximum revenue from the Socialist Republic of Vietnam, followed by the Lao PDR, Thailand, and Singapore.