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Triple i Logistics PCLBKK:III -3.85%79 Cyclically Adjusted PB Ratio is 1.39 as of Sep. 12, 2026, which is 14% above its 10-year median of 1.22. GuruFocus rates BKK:III with a GF Score™ of 79/100 and a GF Value™ of ฿5.21 (Fairly Valued). The stock has 8 warning signs investors should review. Among 699 Transportation companies, Triple i Logistics PCL ranks worse than 55.36% on this metric.
The historical rank and industry rank for Triple i Logistics PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:
BKK:III'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12 Med: 1.22 Max: 1.45
Current: 1.41
During the past years, Triple i Logistics PCL's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 1.12. And the median was 1.22.
BKK:III's Cyclically Adjusted PB Ratio is ranked worse than 55.36% of 699
companies
in the Transportation industry
Industry Median: 1.27
vs BKK:III: 1.41
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.
Triple i Logistics PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿5.371. 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 ฿3.61 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Triple i Logistics PCL (BKK:III) 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.
Triple i Logistics PCL Cyclically Adjusted PB Ratio Related Terms
Triple i Logistics PCL Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Triple i Logistics 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.
Triple i Logistics PCL Cyclically Adjusted PB Ratio Chart
BKK:III vs UPS, FDX, EXPD: Cyclically Adjusted PB Ratio Comparison
For the Integrated Freight & Logistics subindustry, Triple i Logistics 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.
Triple i Logistics PCL Cyclically Adjusted PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Triple i Logistics PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Triple i Logistics PCL's Cyclically Adjusted PB Ratio falls into.
Triple i Logistics 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.
* 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.
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 1.39 mean?
Triple i Logistics PCL (BKK:III) has a Cyclically Adjusted PB Ratio of 1.39 as of Sep. 12, 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 Triple i Logistics PCL and its competitors. This is 14% above median its historical median of 1.22. Over the past decade, Triple i Logistics PCL's Cyclically Adjusted PB Ratio has ranged from 1.12 to 1.45. According to the industry distribution chart, Triple i Logistics PCL ranks #387 out of 699 companies in the Transportation industry, placing it in the top 55.4%.
Is Triple i Logistics PCL's Cyclically Adjusted PB Ratio too high?
Triple i Logistics PCL's current Cyclically Adjusted PB Ratio of 1.39 is 14% above median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 1.45. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Triple i Logistics PCL's value of 1.39 is 9.4% above this industry median. Based on the distribution chart, Triple i Logistics PCL ranks #387 out of 699 companies in the Transportation industry, which is below the industry midpoint. Overall, Triple i Logistics PCL has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Triple i Logistics PCL's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Triple i Logistics PCL ranks #387 out of 699 companies for Cyclically Adjusted PB Ratio. This places Triple i Logistics PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Triple i Logistics PCL's value of 1.39 is 9.4% above this benchmark. Historically, Triple i Logistics PCL's own Cyclically Adjusted PB Ratio has ranged from 1.12 to 1.45 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.27, Triple i Logistics 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 699 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. Triple i Logistics PCL's current Cyclically Adjusted PB Ratio of 1.39 is 9.4% 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 Triple i Logistics PCL and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triple i Logistics PCL's current Cyclically Adjusted PB Ratio is 1.39, which is 14% above median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triple i Logistics PCL stock overvalued right now?
Based on GuruFocus' analysis, Triple i Logistics PCL (BKK:III) is currently considered Fairly Valued. The stock's GF Value™ is ฿5.21, compared to a current price of ฿5.00 — trading 4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.39, which is 14% above median its 10-year median of 1.22 and 9.4% above the Transportation industry median of 1.27. Triple i Logistics PCL's overall GF Score™ is 79/100 with 8 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 Triple i Logistics PCL (BKK:III), the current Cyclically Adjusted PB Ratio is 1.39 as of Sep. 12, 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 Triple i Logistics PCL (BKK:III) Overvalued in 2026?
Based on GuruFocus' analysis, Triple i Logistics PCL stock appears to be undervalued.
The current stock price of ฿5.00 is trading 4% below its estimated GF Value™ of ฿5.21.
GuruFocus considers Triple i Logistics PCL to be Fairly Valued.
Key valuation signals for BKK:III:
Cyclically Adjusted PB Ratio: 1.39 (14% above median its 10-year median of 1.22)
GF Value™: ฿5.21 vs. price of ฿5.00 (4% below fair value)
Industry Position: 9.4% above the Transportation median (#387 of 699)
No single metric tells the full story. See the BKK:III stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Triple i Logistics PCL is a logistics service provider in Thailand. The company's reportable segments include Air Freight, Logistics Management, and Logistics for Chemical and Hazardous Goods. The Air Freight segment operates as an air freight forwarder for both domestic and international routes and provides related airport warehouse management services. The Logistics Management segment provides integrated logistics services by air, inland, and sea for domestic and overseas transportation. The Logistics for Chemical and Hazardous Goods segment offers logistics solutions for sea, air, rail, and inland transport, including warehouse management and distribution services for chemical and hazardous materials. It generates the majority of its revenue from the Air Freight segment.
79GF Score
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