Jaymart Group Holdings PCL (BKK:JMART) Cyclically Adjusted PB Ratio: 1.32 (As of Jul. 17, 2026) — 62% Below Median

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BKK:JMART Jaymart Group Holdings PCL BKK:JMART
63 GF Score
Price ฿11.60
GF Value ฿14.17
Valuation Modestly Undervalued
! 12 Warning Signs
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What is Jaymart Group Holdings PCL Cyclically Adjusted PB Ratio?

Jaymart Group Holdings PCL BKK:JMART -3.33% 63 Cyclically Adjusted PB Ratio is 1.32 as of Jul. 17, 2026, which is 62% below its 10-year median of 3.45. GuruFocus rates BKK:JMART with a GF Score™ of 63/100 and a GF Value™ of ฿14.17 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 810 Retail - Cyclical companies, Jaymart Group Holdings PCL ranks worse than 54.2% on this metric.

As of today (2026-07-17), Jaymart Group Holdings PCL's current share price is ฿11.60. Jaymart Group Holdings PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿8.81. Jaymart Group Holdings PCL's Cyclically Adjusted PB Ratio for today is 1.32.

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

BKK:JMART' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 3.45   Max: 17.54
Current: 1.4

During the past years, Jaymart Group Holdings PCL's highest Cyclically Adjusted PB Ratio was 17.54. The lowest was 0.72. And the median was 3.45.

BKK:JMART's Cyclically Adjusted PB Ratio is ranked worse than
54.2% of 810 companies
in the Retail - Cyclical industry
Industry Median: 1.255 vs BKK:JMART: 1.40

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.

Jaymart Group Holdings PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿12.329. 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 ฿8.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jaymart Group Holdings PCL  (BKK:JMART) 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.


Jaymart Group Holdings PCL Cyclically Adjusted PB Ratio Related Terms


Jaymart Group Holdings PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jaymart Group Holdings 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.

Jaymart Group Holdings PCL Cyclically Adjusted PB Ratio Chart

Jaymart Group Holdings 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 16.02 8.34 2.83 1.80 0.82

Jaymart Group Holdings 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 1.15 0.78 1.13 0.82 0.76

BKK:JMART vs CASY, WSM, DKS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Jaymart Group Holdings 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.


Jaymart Group Holdings PCL Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where Jaymart Group Holdings PCL's Cyclically Adjusted PB Ratio falls into.


BKK:JMART
63GF Score
Jaymart Group Holdings PCL BKK:JMART
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jaymart Group Holdings 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.

Jaymart Group Holdings PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.60/8.81
=1.32

* 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.

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

For example, Jaymart Group Holdings 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)
=12.329/330.2130*330.2130
=12.329

Current CPI (Mar. 2026) = 330.2130.

Jaymart Group Holdings PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.026 241.018 4.146
201609 3.147 241.428 4.304
201612 3.236 241.432 4.426
201703 3.351 243.801 4.539
201706 3.502 244.955 4.721
201709 3.500 246.819 4.683
201712 3.567 246.524 4.778
201803 3.442 249.554 4.554
201806 3.172 251.989 4.157
201809 3.218 252.439 4.209
201812 3.139 251.233 4.126
201903 3.269 254.202 4.246
201906 3.456 256.143 4.455
201909 3.593 256.759 4.621
201912 3.734 256.974 4.798
202003 3.593 258.115 4.597
202006 3.740 257.797 4.791
202009 3.773 260.280 4.787
202012 4.058 260.474 5.144
202103 5.949 264.877 7.416
202106 5.080 271.696 6.174
202109 5.091 274.310 6.129
202112 12.490 278.802 14.793
202203 12.787 287.504 14.687
202206 11.845 296.311 13.200
202209 11.798 296.808 13.126
202212 13.291 296.797 14.787
202303 13.726 301.836 15.016
202306 12.341 305.109 13.356
202309 12.869 307.789 13.807
202312 12.842 306.746 13.824
202403 13.005 312.332 13.750
202406 13.219 314.175 13.894
202409 12.906 315.301 13.516
202412 13.199 315.605 13.810
202503 13.147 319.799 13.575
202506 13.092 322.561 13.403
202509 12.883 324.800 13.098
202512 12.291 324.054 12.525
202603 12.329 330.213 12.329

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 1.32 mean?
Jaymart Group Holdings PCL (BKK:JMART) has a Cyclically Adjusted PB Ratio of 1.32 as of Jul. 17, 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 Jaymart Group Holdings PCL and its competitors. This is 62% below median its historical median of 3.45. Over the past decade, Jaymart Group Holdings PCL's Cyclically Adjusted PB Ratio has ranged from 0.72 to 17.54. According to the industry distribution chart, Jaymart Group Holdings PCL ranks #439 out of 810 companies in the Retail - Cyclical industry, placing it in the top 54.2%.
Is Jaymart Group Holdings PCL's Cyclically Adjusted PB Ratio too high?
Jaymart Group Holdings PCL's current Cyclically Adjusted PB Ratio of 1.32 is 62% below median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 17.54. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.26. Jaymart Group Holdings PCL's value of 1.32 is 5.2% above this industry median. Based on the distribution chart, Jaymart Group Holdings PCL ranks #439 out of 810 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Jaymart Group Holdings PCL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jaymart Group Holdings PCL's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Jaymart Group Holdings PCL ranks #439 out of 810 companies for Cyclically Adjusted PB Ratio. This places Jaymart Group Holdings PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Jaymart Group Holdings PCL's value of 1.32 is 5.2% above this benchmark. Historically, Jaymart Group Holdings PCL's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 17.54 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 1.26, Jaymart Group Holdings 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 1.26, based on 810 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. Jaymart Group Holdings PCL's current Cyclically Adjusted PB Ratio of 1.32 is 5.2% 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 Jaymart Group Holdings PCL and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jaymart Group Holdings PCL's current Cyclically Adjusted PB Ratio is 1.32, which is 62% below median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaymart Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Jaymart Group Holdings PCL (BKK:JMART) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿14.17, compared to a current price of ฿11.60 — trading 18.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.32, which is 62% below median its 10-year median of 3.45 and 5.2% above the Retail - Cyclical industry median of 1.26. Jaymart Group Holdings PCL's overall GF Score™ is 63/100 with 12 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 Jaymart Group Holdings PCL (BKK:JMART), the current Cyclically Adjusted PB Ratio is 1.32 as of Jul. 17, 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 Jaymart Group Holdings PCL (BKK:JMART) Overvalued in 2026?

Based on GuruFocus' analysis, Jaymart Group Holdings PCL stock appears to be undervalued. The current stock price of ฿11.60 is trading 18.1% below its estimated GF Value™ of ฿14.17. GuruFocus considers Jaymart Group Holdings PCL to be Modestly Undervalued.

Key valuation signals for BKK:JMART:

  • Cyclically Adjusted PB Ratio: 1.32 (62% below median its 10-year median of 3.45)
  • GF Value™: ฿14.17 vs. price of ฿11.60 (18.1% below fair value)
  • GF Score™: 63/100 with 12 warning signs
  • Industry Position: 5.2% above the Retail - Cyclical median (#439 of 810)

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


Jaymart Group Holdings PCL Business Description

Address Ramkhamhaeng Road, 187,189, Jaymart Building, Rat Phatthana Sub - District, Saphan Sung District, Bangkok, THA, 10240
Jaymart Group Holdings PCL currently engages as a holding company or invests in other potential business. The company's line of business includes the retail and wholesale distribution of mobile phones, gadget, IT product and related items from different mobile phone brand, IT manufacturer, telecommunication operators. It operates in four reportable segments including the Trading business, Debt collection business, Rental business and Others. It generates key revenue from the trading business segment.
63GF Score

Get the complete analysis for BKK:JMART

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

฿11.60
Price
฿14.17
GF Value