Kaset Thai International Sugar PCL (BKK:KTIS) Cyclically Adjusted PB Ratio: 0.80 (As of Aug. 16, 2026) — 35% Below Median

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BKK:KTIS Kaset Thai International Sugar Corp PCL BKK:KTIS
44 GF Score
Price ฿1.82
GF Value ฿2.65
Valuation Possible Value Trap
! 5 Warning Signs
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What is Kaset Thai International Sugar PCL Cyclically Adjusted PB Ratio?

Kaset Thai International Sugar PCL BKK:KTIS +1.11% 44 Cyclically Adjusted PB Ratio is 0.80 as of Aug. 16, 2026, which is 35% below its 10-year median of 1.23. GuruFocus rates BKK:KTIS with a GF Score™ of 44/100 and a GF Value™ of ฿2.65 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,386 Consumer Packaged Goods companies, Kaset Thai International Sugar PCL ranks better than 67.89% on this metric.

As of today (2026-08-16), Kaset Thai International Sugar PCL's current share price is ฿1.82. Kaset Thai International Sugar PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿2.27. Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio for today is 0.80.

The historical rank and industry rank for Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:KTIS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.23   Max: 2.09
Current: 0.8

During the past years, Kaset Thai International Sugar PCL's highest Cyclically Adjusted PB Ratio was 2.09. The lowest was 0.80. And the median was 1.23.

BKK:KTIS's Cyclically Adjusted PB Ratio is ranked better than
67.89% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 1.28 vs BKK:KTIS: 0.80

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.

Kaset Thai International Sugar PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿1.189. 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 ฿2.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kaset Thai International Sugar PCL  (BKK:KTIS) 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.


Kaset Thai International Sugar PCL Cyclically Adjusted PB Ratio Related Terms


Kaset Thai International Sugar PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL Cyclically Adjusted PB Ratio Chart

Kaset Thai International Sugar PCL Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.95 1.63 1.24 0.88

Kaset Thai International Sugar 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 0.98 0.98 0.88 0.87 0.86

BKK:KTIS vs MDLZ, HSY, TR: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, Kaset Thai International Sugar 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.


Kaset Thai International Sugar PCL Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio falls into.


BKK:KTIS
44GF Score
Kaset Thai International Sugar Corp PCL BKK:KTIS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.82/2.27
=0.80

* 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.

Kaset Thai International Sugar PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kaset Thai International Sugar 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)
=1.189/330.2130*330.2130
=1.189

Current CPI (Mar. 2026) = 330.2130.

Kaset Thai International Sugar PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.195 241.018 3.007
201609 2.167 241.428 2.964
201612 2.026 241.432 2.771
201703 2.136 243.801 2.893
201706 2.184 244.955 2.944
201709 2.230 246.819 2.983
201712 2.102 246.524 2.816
201803 2.127 249.554 2.814
201806 1.922 251.989 2.519
201809 2.123 252.439 2.777
201812 2.075 251.233 2.727
201903 2.011 254.202 2.612
201906 1.986 256.143 2.560
201909 2.161 256.759 2.779
201912 1.985 256.974 2.551
202003 1.846 258.115 2.362
202006 2.016 257.797 2.582
202009 2.169 260.280 2.752
202012 2.071 260.474 2.625
202103 1.940 264.877 2.419
202106 1.830 271.696 2.224
202109 1.859 274.310 2.238
202112 1.766 278.802 2.092
202203 1.845 287.504 2.119
202206 1.841 296.311 2.052
202209 1.549 296.808 1.723
202212 1.519 296.797 1.690
202303 1.815 301.836 1.986
202306 1.940 305.109 2.100
202309 2.038 307.789 2.186
202312 1.834 306.746 1.974
202403 1.811 312.332 1.915
202406 1.845 314.175 1.939
202409 1.754 315.301 1.837
202412 1.491 315.605 1.560
202503 1.378 319.799 1.423
202506 1.476 322.561 1.511
202509 1.373 324.800 1.396
202512 1.214 324.054 1.237
202603 1.189 330.213 1.189

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 0.80 mean?
Kaset Thai International Sugar PCL (BKK:KTIS) has a Cyclically Adjusted PB Ratio of 0.80 as of Aug. 16, 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 Kaset Thai International Sugar PCL and its competitors. This is 35% below median its historical median of 1.23. Over the past decade, Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio has ranged from 0.80 to 2.09. According to the industry distribution chart, Kaset Thai International Sugar PCL ranks #445 out of 1386 companies in the Consumer Packaged Goods industry, placing it in the top 32.1%.
Is Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio too high?
Kaset Thai International Sugar PCL's current Cyclically Adjusted PB Ratio of 0.80 is 35% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.09. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.28. Kaset Thai International Sugar PCL's value of 0.80 is 37.5% below this industry median. Based on the distribution chart, Kaset Thai International Sugar PCL ranks #445 out of 1386 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Kaset Thai International Sugar PCL has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaset Thai International Sugar PCL's Cyclically Adjusted PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Kaset Thai International Sugar PCL ranks #445 out of 1386 companies for Cyclically Adjusted PB Ratio. This puts Kaset Thai International Sugar PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Kaset Thai International Sugar PCL's value of 0.80 is 37.5% below this benchmark. Historically, Kaset Thai International Sugar PCL's own Cyclically Adjusted PB Ratio has ranged from 0.80 to 2.09 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.28, Kaset Thai International Sugar 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.28, based on 1,386 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. Kaset Thai International Sugar PCL's current Cyclically Adjusted PB Ratio of 0.80 is 37.5% 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 Kaset Thai International Sugar PCL and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaset Thai International Sugar PCL's current Cyclically Adjusted PB Ratio is 0.80, which is 35% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaset Thai International Sugar PCL stock overvalued right now?
Based on GuruFocus' analysis, Kaset Thai International Sugar PCL (BKK:KTIS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.65, compared to a current price of ฿1.82 — trading 31.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.80, which is 35% below median its 10-year median of 1.23 and 37.5% below the Consumer Packaged Goods industry median of 1.28. Kaset Thai International Sugar PCL's overall GF Score™ is 44/100 with 5 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 Kaset Thai International Sugar PCL (BKK:KTIS), the current Cyclically Adjusted PB Ratio is 0.80 as of Aug. 16, 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 Kaset Thai International Sugar PCL (BKK:KTIS) Overvalued in 2026?

Based on GuruFocus' analysis, Kaset Thai International Sugar PCL stock appears to be undervalued. The current stock price of ฿1.82 is trading 31.3% below its estimated GF Value™ of ฿2.65. GuruFocus considers Kaset Thai International Sugar PCL to be Possible Value Trap.

Key valuation signals for BKK:KTIS:

  • Cyclically Adjusted PB Ratio: 0.80 (35% below median its 10-year median of 1.23)
  • GF Value™: ฿2.65 vs. price of ฿1.82 (31.3% below fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 37.5% below the Consumer Packaged Goods median (#445 of 1386)

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


Kaset Thai International Sugar PCL Business Description

Address 1/1 Moo 14, Nong Pho Sub-District, Taklee District, Nakhon Sawan, THA, 60140
Kaset Thai International Sugar Corp PCL is principally engaged in the manufacturing and distribution of sugar, which is sold both domestically and overseas. The company's product portfolio includes sugar and bio-products. The bio-products are by-products of sugar production and include paper pulp from bagasse, ethanol from molasses, and electrical energy from biomass. It also provides agricultural machinery services for farmers. The company's reportable segments are; the production and distribution of sugar; the production and distribution of pulp; the production and distribution of alcohol; and the production and distribution of electricity. It derives a majority of its revenue from the production and distribution of the sugar segment.
44GF Score

Get the complete analysis for BKK:KTIS

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

฿1.82
Price
฿2.65
GF Value