Krungdhep Sophon PCL (BKK:KWC) Cyclically Adjusted PB Ratio: 2.02 (As of Aug. 15, 2026) — 19% Below Median

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BKK:KWC Krungdhep Sophon PCL BKK:KWC
79 GF Score
Price ฿280.00
GF Value ฿302.81
Valuation Fairly Valued
! 1 Warning Sign
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What is Krungdhep Sophon PCL Cyclically Adjusted PB Ratio?

Krungdhep Sophon PCL BKK:KWC 79 Cyclically Adjusted PB Ratio is 2.02 as of Aug. 15, 2026, which is 19% below its 10-year median of 2.48. GuruFocus rates BKK:KWC with a GF Score™ of 79/100 and a GF Value™ of ฿302.81 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,401 Real Estate companies, Krungdhep Sophon PCL ranks worse than 85.65% on this metric.

As of today (2026-08-15), Krungdhep Sophon PCL's current share price is ฿280.00. Krungdhep Sophon PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿138.63. Krungdhep Sophon PCL's Cyclically Adjusted PB Ratio for today is 2.02.

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

BKK:KWC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.91   Med: 2.48   Max: 3.82
Current: 2.02

During the past years, Krungdhep Sophon PCL's highest Cyclically Adjusted PB Ratio was 3.82. The lowest was 1.91. And the median was 2.48.

BKK:KWC's Cyclically Adjusted PB Ratio is ranked worse than
85.65% of 1401 companies
in the Real Estate industry
Industry Median: 0.69 vs BKK:KWC: 2.02

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.

Krungdhep Sophon PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿146.287. 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 ฿138.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Krungdhep Sophon PCL  (BKK:KWC) 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.


Krungdhep Sophon PCL Cyclically Adjusted PB Ratio Related Terms


Krungdhep Sophon PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Krungdhep Sophon 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.

Krungdhep Sophon PCL Cyclically Adjusted PB Ratio Chart

Krungdhep Sophon 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 2.18 2.08 1.99 2.15 1.98

Krungdhep Sophon 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 2.28 2.06 1.99 1.98 1.95

BKK:KWC vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Krungdhep Sophon 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.


Krungdhep Sophon PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Krungdhep Sophon PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Krungdhep Sophon PCL's Cyclically Adjusted PB Ratio falls into.


BKK:KWC
79GF Score
Krungdhep Sophon PCL BKK:KWC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Krungdhep Sophon 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.

Krungdhep Sophon PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=280.00/138.63
=2.02

* 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.

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

For example, Krungdhep Sophon 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)
=146.287/330.2130*330.2130
=146.287

Current CPI (Mar. 2026) = 330.2130.

Krungdhep Sophon PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 91.169 241.018 124.908
201609 94.326 241.428 129.014
201612 97.900 241.432 133.900
201703 101.315 243.801 137.225
201706 97.721 244.955 131.733
201709 101.515 246.819 135.814
201712 105.139 246.524 140.831
201803 108.596 249.554 143.696
201806 94.570 251.989 123.927
201809 98.634 252.439 129.022
201812 102.566 251.233 134.810
201903 106.301 254.202 138.087
201906 101.299 256.143 130.592
201909 106.113 256.759 136.470
201912 110.353 256.974 141.804
202003 114.219 258.115 146.123
202006 109.113 257.797 139.763
202009 110.661 260.280 140.394
202012 114.927 260.474 145.697
202103 119.066 264.877 148.435
202106 113.404 271.696 137.829
202109 117.213 274.310 141.100
202112 121.245 278.802 143.603
202203 0.000 287.504 0.000
202206 119.113 296.311 132.741
202209 122.833 296.808 136.658
202212 127.083 296.797 141.391
202303 130.694 301.836 142.981
202306 124.016 305.109 134.220
202309 129.277 307.789 138.695
202312 133.071 306.746 143.251
202403 137.062 312.332 144.909
202406 130.618 314.175 137.286
202409 134.123 315.301 140.466
202412 138.184 315.605 144.580
202503 142.218 319.799 146.849
202506 133.602 322.561 136.771
202509 137.908 324.800 140.206
202512 141.959 324.054 144.657
202603 146.287 330.213 146.287

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 2.02 mean?
Krungdhep Sophon PCL (BKK:KWC) has a Cyclically Adjusted PB Ratio of 2.02 as of Aug. 15, 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 Krungdhep Sophon PCL and its competitors. This is 19% below median its historical median of 2.48. Over the past decade, Krungdhep Sophon PCL's Cyclically Adjusted PB Ratio has ranged from 1.91 to 3.82. According to the industry distribution chart, Krungdhep Sophon PCL ranks #1200 out of 1401 companies in the Real Estate industry, placing it in the top 85.7%.
Is Krungdhep Sophon PCL's Cyclically Adjusted PB Ratio too high?
Krungdhep Sophon PCL's current Cyclically Adjusted PB Ratio of 2.02 is 19% below median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 3.82. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Krungdhep Sophon PCL's value of 2.02 is 192.8% above this industry median. Based on the distribution chart, Krungdhep Sophon PCL ranks #1200 out of 1401 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Krungdhep Sophon 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 Krungdhep Sophon PCL's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Krungdhep Sophon PCL ranks #1200 out of 1401 companies for Cyclically Adjusted PB Ratio. This places Krungdhep Sophon PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Krungdhep Sophon PCL's value of 2.02 is 192.8% above this benchmark. Historically, Krungdhep Sophon PCL's own Cyclically Adjusted PB Ratio has ranged from 1.91 to 3.82 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 0.69, Krungdhep Sophon 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,401 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. Krungdhep Sophon PCL's current Cyclically Adjusted PB Ratio of 2.02 is 192.8% 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 Krungdhep Sophon PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krungdhep Sophon PCL's current Cyclically Adjusted PB Ratio is 2.02, which is 19% below median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krungdhep Sophon PCL stock overvalued right now?
Based on GuruFocus' analysis, Krungdhep Sophon PCL (BKK:KWC) is currently considered Fairly Valued. The stock's GF Value™ is ฿302.81, compared to a current price of ฿280.00 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.02, which is 19% below median its 10-year median of 2.48 and 192.8% above the Real Estate industry median of 0.69. Krungdhep Sophon PCL's overall GF Score™ is 79/100 with 1 warning sign 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 Krungdhep Sophon PCL (BKK:KWC), the current Cyclically Adjusted PB Ratio is 2.02 as of Aug. 15, 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 Krungdhep Sophon PCL (BKK:KWC) Overvalued in 2026?

Based on GuruFocus' analysis, Krungdhep Sophon PCL stock appears to be undervalued. The current stock price of ฿280.00 is trading 7.5% below its estimated GF Value™ of ฿302.81. GuruFocus considers Krungdhep Sophon PCL to be Fairly Valued.

Key valuation signals for BKK:KWC:

  • Cyclically Adjusted PB Ratio: 2.02 (19% below median its 10-year median of 2.48)
  • GF Value™: ฿302.81 vs. price of ฿280.00 (7.5% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 192.8% above the Real Estate median (#1200 of 1401)

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


Krungdhep Sophon PCL Business Description

Address 185 Rasburana Road, Kwaeng Bangpakok, Khet Rasburana, Bangkok, THA, 10140
Krungdhep Sophon PCL is a Thailand-based company engaged in investment, provision of management services, and developing and leasing property. The activity of the group functions through warehouse rental, document storage rental, and assets rental segments. The company develops and leases property and also provides management consulting services. All the operations are conducted through the regions of Thailand. The majority of revenue is generated from Document storage rental.
79GF Score

Get the complete analysis for BKK:KWC

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

฿280.00
Price
฿302.81
GF Value