Home Product Center PCL (BKK:HMPRO) Cyclically Adjusted PB Ratio: 3.24 (As of Jul. 24, 2026) — 69% Below Median

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BKK:HMPRO Home Product Center PCL BKK:HMPRO
87 GF Score
Price ฿6.45
GF Value ฿8.97
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Home Product Center PCL Cyclically Adjusted PB Ratio?

Home Product Center PCL BKK:HMPRO -1.53% 87 Cyclically Adjusted PB Ratio is 3.24 as of Jul. 24, 2026, which is 69% below its 10-year median of 10.29. GuruFocus rates BKK:HMPRO with a GF Score™ of 87/100 and a GF Value™ of ฿8.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 809 Retail - Cyclical companies, Home Product Center PCL ranks worse than 80.72% on this metric.

As of today (2026-07-24), Home Product Center PCL's current share price is ฿6.45. Home Product Center PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.99. Home Product Center PCL's Cyclically Adjusted PB Ratio for today is 3.24.

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

BKK:HMPRO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.97   Med: 10.29   Max: 16.97
Current: 3.34

During the past years, Home Product Center PCL's highest Cyclically Adjusted PB Ratio was 16.97. The lowest was 2.97. And the median was 10.29.

BKK:HMPRO's Cyclically Adjusted PB Ratio is ranked worse than
80.72% of 809 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs BKK:HMPRO: 3.34

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.

Home Product Center PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿2.117. 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 ฿1.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Home Product Center PCL  (BKK:HMPRO) 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.


Home Product Center PCL Cyclically Adjusted PB Ratio Related Terms


Home Product Center PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Home Product Center 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.

Home Product Center PCL Cyclically Adjusted PB Ratio Chart

Home Product Center 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 10.03 9.50 6.64 5.04 3.41

Home Product Center 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 4.52 3.37 3.83 3.41 3.09

BKK:HMPRO vs HD, LOW, FND: Cyclically Adjusted PB Ratio Comparison

For the Home Improvement Retail subindustry, Home Product Center 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.


Home Product Center PCL Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Home Product Center PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Home Product Center PCL's Cyclically Adjusted PB Ratio falls into.


BKK:HMPRO
87GF Score
Home Product Center PCL BKK:HMPRO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Home Product Center 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.

Home Product Center PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.45/1.99
=3.24

* 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.

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

For example, Home Product Center 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)
=2.117/330.2130*330.2130
=2.117

Current CPI (Mar. 2026) = 330.2130.

Home Product Center PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.278 241.018 1.751
201609 1.230 241.428 1.682
201612 1.330 241.432 1.819
201703 1.409 243.801 1.908
201706 1.345 244.955 1.813
201709 1.301 246.819 1.741
201712 1.417 246.524 1.898
201803 1.512 249.554 2.001
201806 1.432 251.989 1.877
201809 1.386 252.439 1.813
201812 1.514 251.233 1.990
201903 1.623 254.202 2.108
201906 1.538 256.143 1.983
201909 1.481 256.759 1.905
201912 1.607 256.974 2.065
202003 1.654 258.115 2.116
202006 1.516 257.797 1.942
202009 1.522 260.280 1.931
202012 1.640 260.474 2.079
202103 1.745 264.877 2.175
202106 1.654 271.696 2.010
202109 1.601 274.310 1.927
202112 1.741 278.802 2.062
202203 1.856 287.504 2.132
202206 1.771 296.311 1.974
202209 1.718 296.808 1.911
202212 1.844 296.797 2.052
202303 1.966 301.836 2.151
202306 1.879 305.109 2.034
202309 1.816 307.789 1.948
202312 1.943 306.746 2.092
202403 2.074 312.332 2.193
202406 1.977 314.175 2.078
202409 1.907 315.301 1.997
202412 2.038 315.605 2.132
202503 2.168 319.799 2.239
202506 1.961 322.561 2.008
202509 1.888 324.800 1.919
202512 2.012 324.054 2.050
202603 2.117 330.213 2.117

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 3.24 mean?
Home Product Center PCL (BKK:HMPRO) has a Cyclically Adjusted PB Ratio of 3.24 as of Jul. 24, 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 Home Product Center PCL and its competitors. This is 69% below median its historical median of 10.29. Over the past decade, Home Product Center PCL's Cyclically Adjusted PB Ratio has ranged from 2.97 to 16.97. According to the industry distribution chart, Home Product Center PCL ranks #653 out of 809 companies in the Retail - Cyclical industry, placing it in the top 80.7%.
Is Home Product Center PCL's Cyclically Adjusted PB Ratio too high?
Home Product Center PCL's current Cyclically Adjusted PB Ratio of 3.24 is 69% below median its 10-year median of 10.29. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 16.97. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Home Product Center PCL's value of 3.24 is 161.3% above this industry median. Based on the distribution chart, Home Product Center PCL ranks #653 out of 809 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Home Product Center PCL has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Home Product Center PCL's Cyclically Adjusted PB Ratio compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Home Product Center PCL ranks #653 out of 809 companies for Cyclically Adjusted PB Ratio. This places Home Product Center PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Home Product Center PCL's value of 3.24 is 161.3% above this benchmark. Historically, Home Product Center PCL's own Cyclically Adjusted PB Ratio has ranged from 2.97 to 16.97 over the past decade. While the company's 10-year median is 10.29 vs. the industry median of 1.24, Home Product Center 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 809 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. Home Product Center PCL's current Cyclically Adjusted PB Ratio of 3.24 is 161.3% 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 Home Product Center PCL and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Home Product Center PCL's current Cyclically Adjusted PB Ratio is 3.24, which is 69% below median its own 10-year median of 10.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Home Product Center PCL stock overvalued right now?
Based on GuruFocus' analysis, Home Product Center PCL (BKK:HMPRO) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿8.97, compared to a current price of ฿6.45 — trading 28.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.24, which is 69% below median its 10-year median of 10.29 and 161.3% above the Retail - Cyclical industry median of 1.24. Home Product Center PCL's overall GF Score™ is 87/100 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 Home Product Center PCL (BKK:HMPRO), the current Cyclically Adjusted PB Ratio is 3.24 as of Jul. 24, 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 Home Product Center PCL (BKK:HMPRO) Overvalued in 2026?

Based on GuruFocus' analysis, Home Product Center PCL stock appears to be undervalued. The current stock price of ฿6.45 is trading 28.1% below its estimated GF Value™ of ฿8.97. GuruFocus considers Home Product Center PCL to be Modestly Undervalued.

Key valuation signals for BKK:HMPRO:

  • Cyclically Adjusted PB Ratio: 3.24 (69% below median its 10-year median of 10.29)
  • GF Value™: ฿8.97 vs. price of ฿6.45 (28.1% below fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 161.3% above the Retail - Cyclical median (#653 of 809)

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


Home Product Center PCL Business Description

Other Exchanges HMPRO-F:Thailand
Address 31 Prachachuennonthaburi Road, Amphoe Muang, Bangkhen, Nonthaburi, THA, 11000
Home Product Center PCL is a Thailand-based company engaged in the sale of home improvement products under the HomePro brand which serves as a One Stop Shopping Home Center. It provides construction, extension, and renovation services in addition to the improvement of buildings, houses, and residences. The company operates in Thailand and Malaysia through its HomePro stores and subsidiaries. Maximum revenue is generated from contracts with customers and specifically through the hard-line product category. The hard-line merchandise category includes tools, paint, home improvement, bathroom and sanitary ware, kitchen, home appliances, and electrical equipment. Geographically, it generates the majority of its revenue from Thailand, followed by Malaysia.
87GF Score

Get the complete analysis for BKK:HMPRO

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

฿6.45
Price
฿8.97
GF Value