Krungthai Car Rent And Lease PCL (BKK:KCAR) Cyclically Adjusted PB Ratio: 0.45 (As of Sep. 13, 2026) — 55% Below Median

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BKK:KCAR Krungthai Car Rent And Lease PCL BKK:KCAR
61 GF Score
Price ฿4.80
GF Value ฿5.08
Valuation Fairly Valued
! 7 Warning Signs
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What is Krungthai Car Rent And Lease PCL Cyclically Adjusted PB Ratio?

Krungthai Car Rent And Lease PCL BKK:KCAR -0.41% 61 Cyclically Adjusted PB Ratio is 0.45 as of Sep. 13, 2026, which is 55% below its 10-year median of 0.99. GuruFocus rates BKK:KCAR with a GF Score™ of 61/100 and a GF Value™ of ฿5.08 (Fairly Valued). The stock has 7 warning signs investors should review. Among 688 Business Services companies, Krungthai Car Rent And Lease PCL ranks better than 86.19% on this metric.

As of today (2026-09-13), Krungthai Car Rent And Lease PCL's current share price is ฿4.80. Krungthai Car Rent And Lease PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿10.57. Krungthai Car Rent And Lease PCL's Cyclically Adjusted PB Ratio for today is 0.45.

The historical rank and industry rank for Krungthai Car Rent And Lease PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:KCAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.99   Max: 2.47
Current: 0.45

During the past years, Krungthai Car Rent And Lease PCL's highest Cyclically Adjusted PB Ratio was 2.47. The lowest was 0.37. And the median was 0.99.

BKK:KCAR's Cyclically Adjusted PB Ratio is ranked better than
86.19% of 688 companies
in the Business Services industry
Industry Median: 1.53 vs BKK:KCAR: 0.45

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.

Krungthai Car Rent And Lease PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿10.259. 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 ฿10.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Krungthai Car Rent And Lease PCL  (BKK:KCAR) 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.


Krungthai Car Rent And Lease PCL Cyclically Adjusted PB Ratio Related Terms


Krungthai Car Rent And Lease PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Krungthai Car Rent And Lease 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.

Krungthai Car Rent And Lease PCL Cyclically Adjusted PB Ratio Chart

Krungthai Car Rent And Lease 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 0.98 0.94 0.80 0.46 0.52

Krungthai Car Rent And Lease 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 0.42 0.53 0.52 0.45 0.46

BKK:KCAR vs URI, SUNB, AER: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, Krungthai Car Rent And Lease 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.


Krungthai Car Rent And Lease PCL Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Krungthai Car Rent And Lease PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Krungthai Car Rent And Lease PCL's Cyclically Adjusted PB Ratio falls into.


BKK:KCAR
61GF Score
Krungthai Car Rent And Lease PCL BKK:KCAR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Krungthai Car Rent And Lease 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.

Krungthai Car Rent And Lease PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.80/10.57
=0.45

* 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.

Krungthai Car Rent And Lease PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Krungthai Car Rent And Lease 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)
=10.259/333.9520*333.9520
=10.259

Current CPI (Jun. 2026) = 333.9520.

Krungthai Car Rent And Lease PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.474 241.428 10.338
201612 7.929 241.432 10.967
201703 8.274 243.801 11.334
201706 7.857 244.955 10.712
201709 7.724 246.819 10.451
201712 8.056 246.524 10.913
201803 8.352 249.554 11.177
201806 8.012 251.989 10.618
201809 7.840 252.439 10.372
201812 8.109 251.233 10.779
201903 8.348 254.202 10.967
201906 8.168 256.143 10.649
201909 8.010 256.759 10.418
201912 8.222 256.974 10.685
202003 8.429 258.115 10.906
202006 8.296 257.797 10.747
202009 8.312 260.280 10.665
202012 8.509 260.474 10.909
202103 8.699 264.877 10.968
202106 8.651 271.696 10.633
202109 8.685 274.310 10.573
202112 9.027 278.802 10.813
202203 9.245 287.504 10.739
202206 9.172 296.311 10.337
202209 9.124 296.808 10.266
202212 9.315 296.797 10.481
202303 9.612 301.836 10.635
202306 9.544 305.109 10.446
202309 9.411 307.789 10.211
202312 9.526 306.746 10.371
202403 9.581 312.332 10.244
202406 9.575 314.175 10.178
202409 9.607 315.301 10.175
202412 9.714 315.605 10.279
202503 9.910 319.799 10.349
202506 9.978 322.561 10.330
202509 9.976 324.800 10.257
202512 10.071 324.054 10.379
202603 10.260 330.213 10.376
202606 10.259 333.952 10.259

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 0.45 mean?
Krungthai Car Rent And Lease PCL (BKK:KCAR) has a Cyclically Adjusted PB Ratio of 0.45 as of Sep. 13, 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 Krungthai Car Rent And Lease PCL and its competitors. This is 55% below median its historical median of 0.99. Over the past decade, Krungthai Car Rent And Lease PCL's Cyclically Adjusted PB Ratio has ranged from 0.37 to 2.47. According to the industry distribution chart, Krungthai Car Rent And Lease PCL ranks #95 out of 688 companies in the Business Services industry, placing it in the top 13.8%.
Is Krungthai Car Rent And Lease PCL's Cyclically Adjusted PB Ratio too high?
Krungthai Car Rent And Lease PCL's current Cyclically Adjusted PB Ratio of 0.45 is 55% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.47. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. Krungthai Car Rent And Lease PCL's value of 0.45 is 70.6% below this industry median. Based on the distribution chart, Krungthai Car Rent And Lease PCL ranks #95 out of 688 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Krungthai Car Rent And Lease PCL has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Krungthai Car Rent And Lease PCL's Cyclically Adjusted PB Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Krungthai Car Rent And Lease PCL ranks #95 out of 688 companies for Cyclically Adjusted PB Ratio. This places Krungthai Car Rent And Lease PCL in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.53. Krungthai Car Rent And Lease PCL's value of 0.45 is 70.6% below this benchmark. Historically, Krungthai Car Rent And Lease PCL's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 2.47 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.53, Krungthai Car Rent And Lease 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.53, based on 688 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. Krungthai Car Rent And Lease PCL's current Cyclically Adjusted PB Ratio of 0.45 is 70.6% 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 Krungthai Car Rent And Lease PCL and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krungthai Car Rent And Lease PCL's current Cyclically Adjusted PB Ratio is 0.45, which is 55% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krungthai Car Rent And Lease PCL stock overvalued right now?
Based on GuruFocus' analysis, Krungthai Car Rent And Lease PCL (BKK:KCAR) is currently considered Fairly Valued. The stock's GF Value™ is ฿5.08, compared to a current price of ฿4.80 — trading 5.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.45, which is 55% below median its 10-year median of 0.99 and 70.6% below the Business Services industry median of 1.53. Krungthai Car Rent And Lease PCL's overall GF Score™ is 61/100 with 7 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 Krungthai Car Rent And Lease PCL (BKK:KCAR), the current Cyclically Adjusted PB Ratio is 0.45 as of Sep. 13, 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 Krungthai Car Rent And Lease PCL (BKK:KCAR) Overvalued in 2026?

Based on GuruFocus' analysis, Krungthai Car Rent And Lease PCL stock appears to be undervalued. The current stock price of ฿4.80 is trading 5.5% below its estimated GF Value™ of ฿5.08. GuruFocus considers Krungthai Car Rent And Lease PCL to be Fairly Valued.

Key valuation signals for BKK:KCAR:

  • Cyclically Adjusted PB Ratio: 0.45 (55% below median its 10-year median of 0.99)
  • GF Value™: ฿5.08 vs. price of ฿4.80 (5.5% below fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 70.6% below the Business Services median (#95 of 688)

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


Krungthai Car Rent And Lease PCL Business Description

Address No. 455/1 Rama 3 Road, Kwang Bangklo, Khet Bangkorlaem, Bangkok, THA, 10120
Krungthai Car Rent And Lease PCL are engaged in the rental business. It is engaged in operating lease in car rental business and selling of used cars. In addition, the company offers car maintenance services, such as fitting and repairing services. It operates in the following segments; Car rent of operating segment and the Used car distribution segment. The firm generates maximum revenue from its Car rent of operating segment. It caters its services to corporate clients, including government agencies and private companies, as well as individual clients. Its vehicle models for rentals include economy, compact, intermediate and sports utility vehicles.
61GF Score

Get the complete analysis for BKK:KCAR

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

฿4.80
Price
฿5.08
GF Value