Hana Microelectronics PCL (BKK:HANA-R) Cyclically Adjusted PB Ratio: 0.82 (As of Jul. 04, 2026) — 47% Below Median


BKK:HANA-R Hana Microelectronics PCL BKK:HANA-R
74 GF Score
Price ฿28.43
GF Value ฿21.79
! 13 Warning Signs
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What is Hana Microelectronics PCL Cyclically Adjusted PB Ratio?

Hana Microelectronics PCL BKK:HANA-R 74 Cyclically Adjusted PB Ratio is 0.82 as of Jul. 04, 2026, which is 47% below its 10-year median of 1.55. GuruFocus rates BKK:HANA-R with a GF Score™ of 74/100 and a GF Value™ of ฿21.79. The stock has 13 warning signs investors should review. Among 1,979 Hardware companies, Hana Microelectronics PCL ranks better than 70.44% on this metric.

As of today (2026-07-04), Hana Microelectronics PCL's current share price is ฿28.43221. Hana Microelectronics PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿34.69. Hana Microelectronics PCL's Cyclically Adjusted PB Ratio for today is 0.82.

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

BKK:HANA-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.55   Max: 3.59
Current: 1.1

During the past years, Hana Microelectronics PCL's highest Cyclically Adjusted PB Ratio was 3.59. The lowest was 0.48. And the median was 1.55.

BKK:HANA-R's Cyclically Adjusted PB Ratio is ranked better than
70.44% of 1979 companies
in the Hardware industry
Industry Median: 2.16 vs BKK:HANA-R: 1.10

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.

Hana Microelectronics PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿30.183. 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 ฿34.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hana Microelectronics PCL  (BKK:HANA-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.


Hana Microelectronics PCL Cyclically Adjusted PB Ratio Related Terms


Hana Microelectronics PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hana Microelectronics 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.

Hana Microelectronics PCL Cyclically Adjusted PB Ratio Chart

Hana Microelectronics 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 3.28 1.76 1.71 0.76 0.49

Hana Microelectronics 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 0.49 0.59 0.69 0.49 0.82

BKK:HANA-R vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Hana Microelectronics 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.


Hana Microelectronics PCL Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hana Microelectronics PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:HANA-R
74GF Score
Hana Microelectronics PCL BKK:HANA-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hana Microelectronics 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.

Hana Microelectronics PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.43221/34.69
=0.82

* 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.

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

For example, Hana Microelectronics 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)
=30.183/330.2130*330.2130
=30.183

Current CPI (Mar. 2026) = 330.2130.

Hana Microelectronics PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.079 241.018 32.990
201609 24.687 241.428 33.766
201612 24.801 241.432 33.921
201703 25.426 243.801 34.438
201706 25.159 244.955 33.916
201709 25.951 246.819 34.719
201712 25.706 246.524 34.433
201803 25.822 249.554 34.168
201806 25.725 251.989 33.711
201809 26.408 252.439 34.544
201812 26.194 251.233 34.429
201903 26.438 254.202 34.343
201906 25.599 256.143 33.002
201909 25.948 256.759 33.371
201912 25.526 256.974 32.801
202003 26.659 258.115 34.106
202006 26.252 257.797 33.626
202009 27.223 260.280 34.537
202012 26.853 260.474 34.043
202103 27.713 264.877 34.549
202106 28.298 271.696 34.393
202109 29.706 274.310 35.760
202112 28.648 278.802 33.931
202203 28.817 287.504 33.098
202206 28.509 296.311 31.771
202209 29.567 296.808 32.895
202212 29.647 296.797 32.985
202303 29.801 301.836 32.603
202306 30.384 305.109 32.884
202309 31.646 307.789 33.952
202312 32.920 306.746 35.438
202403 33.993 312.332 35.939
202406 34.085 314.175 35.825
202409 33.026 315.301 34.588
202412 30.584 315.605 32.000
202503 31.060 319.799 32.071
202506 30.367 322.561 31.087
202509 30.332 324.800 30.838
202512 29.727 324.054 30.292
202603 30.183 330.213 30.183

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 0.82 mean?
Hana Microelectronics PCL (BKK:HANA-R) has a Cyclically Adjusted PB Ratio of 0.82 as of Jul. 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 Hana Microelectronics PCL and its competitors. This is 47% below median its historical median of 1.55. Over the past decade, Hana Microelectronics PCL's Cyclically Adjusted PB Ratio has ranged from 0.48 to 3.59. According to the industry distribution chart, Hana Microelectronics PCL ranks #585 out of 1979 companies in the Hardware industry, placing it in the top 29.6%.
Is Hana Microelectronics PCL's Cyclically Adjusted PB Ratio too high?
Hana Microelectronics PCL's current Cyclically Adjusted PB Ratio of 0.82 is 47% below median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 3.59. The Hardware industry median Cyclically Adjusted PB Ratio is 2.16. Hana Microelectronics PCL's value of 0.82 is 62% below this industry median. Based on the distribution chart, Hana Microelectronics PCL ranks #585 out of 1979 companies in the Hardware industry, which is above the industry midpoint. Overall, Hana Microelectronics PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Hana Microelectronics PCL's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Hana Microelectronics PCL ranks #585 out of 1979 companies for Cyclically Adjusted PB Ratio. This puts Hana Microelectronics PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. Hana Microelectronics PCL's value of 0.82 is 62% below this benchmark. Historically, Hana Microelectronics PCL's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 3.59 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 2.16, Hana Microelectronics 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.16, based on 1,979 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. Hana Microelectronics PCL's current Cyclically Adjusted PB Ratio of 0.82 is 62% 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 Hana Microelectronics PCL and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hana Microelectronics PCL's current Cyclically Adjusted PB Ratio is 0.82, which is 47% below median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hana Microelectronics PCL stock overvalued right now?
Hana Microelectronics PCL (BKK:HANA-R) has a current Cyclically Adjusted PB Ratio of 0.82. The stock's GF Value™ is ฿21.79, compared to a current price of ฿28.43 — trading 30.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 47% below median its 10-year median of 1.55 and 62% below the Hardware industry median of 2.16. Hana Microelectronics PCL's overall GF Score™ is 74/100 with 13 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 Hana Microelectronics PCL (BKK:HANA-R), the current Cyclically Adjusted PB Ratio is 0.82 as of Jul. 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.

Is Hana Microelectronics PCL (BKK:HANA-R) Overvalued in 2026?

Based on GuruFocus' analysis, Hana Microelectronics PCL stock appears to be overvalued. The current stock price of ฿28.43 is trading 30.5% above its estimated GF Value™ of ฿21.79.

Key valuation signals for BKK:HANA-R:

  • Cyclically Adjusted PB Ratio: 0.82 (47% below median its 10-year median of 1.55)
  • GF Value™: ฿21.79 vs. price of ฿28.43 (30.5% above fair value)
  • GF Score™: 74/100 with 13 warning signs
  • Industry Position: 62% below the Hardware median (#585 of 1979)

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


Hana Microelectronics PCL Business Description

Address 65/98, Soi Vibhavadi-Rangsit 64, Junction 2, Kwang Talad Bangkhen, Khet Laksi, Bangkok, THA, 10210
Hana Microelectronics PCL is principally engaged in the manufacturing and trading of electronic components. It has two reportable segments: the Printed Circuit Board Assembly segment, which generates maximum revenue and produces and sells printed circuit board assemblies; and the Integrated Circuit segment, which produces and sells integrated circuits. Geographically, the company generates maximum revenue from its customers in the United States of America, followed by Malaysia, Singapore, China, Bulgaria, and other regions.
74GF Score

Get the complete analysis for BKK:HANA-R

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

฿28.43
Price
฿21.79
GF Value