Kang Yong Electric PCL (BKK:KYE-R) Cyclically Adjusted PB Ratio: 0.70 (As of Aug. 31, 2026) — 38% Below Median

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BKK:KYE-R Kang Yong Electric PCL BKK:KYE-R
57 GF Score
Price ฿285.00
GF Value ฿206.45
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Kang Yong Electric PCL Cyclically Adjusted PB Ratio?

Kang Yong Electric PCL BKK:KYE-R 57 Cyclically Adjusted PB Ratio is 0.70 as of Aug. 31, 2026, which is 38% below its 10-year median of 1.13. GuruFocus rates BKK:KYE-R with a GF Score™ of 57/100 and a GF Value™ of ฿206.45 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 312 Furnishings, Fixtures & Appliances companies, Kang Yong Electric PCL ranks better than 66.99% on this metric.

As of today (2026-08-31), Kang Yong Electric PCL's current share price is ฿285.00. Kang Yong Electric PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿408.95. Kang Yong Electric PCL's Cyclically Adjusted PB Ratio for today is 0.70.

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

BKK:KYE-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.13   Max: 2.74
Current: 0.65

During the past years, Kang Yong Electric PCL's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 0.65. And the median was 1.13.

BKK:KYE-R's Cyclically Adjusted PB Ratio is ranked better than
66.99% of 312 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.15 vs BKK:KYE-R: 0.65

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.

Kang Yong Electric PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿465.351. 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 ฿408.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kang Yong Electric PCL  (BKK:KYE-R) 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.


Kang Yong Electric PCL Cyclically Adjusted PB Ratio Related Terms


Kang Yong Electric PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kang Yong Electric 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.

Kang Yong Electric PCL Cyclically Adjusted PB Ratio Chart

Kang Yong Electric PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 0.88 0.85 0.75 0.67

Kang Yong Electric 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 0.76 0.68 0.67 0.67 0.70

BKK:KYE-R vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Kang Yong Electric 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.


Kang Yong Electric PCL Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kang Yong Electric PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kang Yong Electric PCL's Cyclically Adjusted PB Ratio falls into.


BKK:KYE-R
57GF Score
Kang Yong Electric PCL BKK:KYE-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kang Yong Electric 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.

Kang Yong Electric PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=285.00/408.95
=0.70

* 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.

Kang Yong Electric PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kang Yong Electric 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)
=465.351/333.9520*333.9520
=465.351

Current CPI (Jun. 2026) = 333.9520.

Kang Yong Electric PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 256.682 241.428 355.052
201612 278.007 241.432 384.543
201703 287.846 243.801 394.284
201706 294.795 244.955 401.900
201709 283.047 246.819 382.969
201712 292.735 246.524 396.551
201803 289.786 249.554 387.790
201806 291.218 251.989 385.941
201809 276.066 252.439 365.208
201812 258.909 251.233 344.155
201903 263.505 254.202 346.174
201906 263.503 256.143 343.548
201909 266.078 256.759 346.073
201912 273.925 256.974 355.981
202003 289.602 258.115 374.690
202006 294.576 257.797 381.596
202009 305.425 260.280 391.875
202012 315.032 260.474 403.900
202103 423.779 264.877 534.293
202106 427.369 271.696 525.296
202109 407.160 274.310 495.687
202112 406.974 278.802 487.478
202203 404.637 287.504 470.009
202206 398.848 296.311 449.514
202209 394.513 296.808 443.884
202212 393.812 296.797 443.112
202303 398.944 301.836 441.393
202306 432.323 305.109 473.192
202309 458.435 307.789 497.403
202312 465.227 306.746 506.489
202403 473.142 312.332 505.893
202406 479.066 314.175 509.223
202409 437.661 315.301 463.550
202412 460.808 315.605 487.596
202503 484.273 319.799 505.705
202506 511.665 322.561 529.734
202509 510.756 324.800 525.148
202512 533.133 324.054 549.417
202603 497.395 330.213 503.027
202606 465.351 333.952 465.351

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 0.70 mean?
Kang Yong Electric PCL (BKK:KYE-R) has a Cyclically Adjusted PB Ratio of 0.70 as of Aug. 31, 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 Kang Yong Electric PCL and its competitors. This is 38% below median its historical median of 1.13. Over the past decade, Kang Yong Electric PCL's Cyclically Adjusted PB Ratio has ranged from 0.65 to 2.74. According to the industry distribution chart, Kang Yong Electric PCL ranks #103 out of 312 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 33%.
Is Kang Yong Electric PCL's Cyclically Adjusted PB Ratio too high?
Kang Yong Electric PCL's current Cyclically Adjusted PB Ratio of 0.70 is 38% below median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.74. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.15. Kang Yong Electric PCL's value of 0.70 is 39.1% below this industry median. Based on the distribution chart, Kang Yong Electric PCL ranks #103 out of 312 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Kang Yong Electric PCL has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kang Yong Electric PCL's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Kang Yong Electric PCL ranks #103 out of 312 companies for Cyclically Adjusted PB Ratio. This puts Kang Yong Electric PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Kang Yong Electric PCL's value of 0.70 is 39.1% below this benchmark. Historically, Kang Yong Electric PCL's own Cyclically Adjusted PB Ratio has ranged from 0.65 to 2.74 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.15, Kang Yong Electric 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.15, based on 312 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. Kang Yong Electric PCL's current Cyclically Adjusted PB Ratio of 0.70 is 39.1% 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 Kang Yong Electric PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kang Yong Electric PCL's current Cyclically Adjusted PB Ratio is 0.70, which is 38% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kang Yong Electric PCL stock overvalued right now?
Based on GuruFocus' analysis, Kang Yong Electric PCL (BKK:KYE-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿206.45, compared to a current price of ฿285.00 — trading 38% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.70, which is 38% below median its 10-year median of 1.13 and 39.1% below the Furnishings, Fixtures & Appliances industry median of 1.15. Kang Yong Electric PCL's overall GF Score™ is 57/100 with 4 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 Kang Yong Electric PCL (BKK:KYE-R), the current Cyclically Adjusted PB Ratio is 0.70 as of Aug. 31, 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 Kang Yong Electric PCL (BKK:KYE-R) Overvalued in 2026?

Based on GuruFocus' analysis, Kang Yong Electric PCL stock appears to be overvalued. The current stock price of ฿285.00 is trading 38% above its estimated GF Value™ of ฿206.45. GuruFocus considers Kang Yong Electric PCL to be Significantly Overvalued.

Key valuation signals for BKK:KYE-R:

  • Cyclically Adjusted PB Ratio: 0.70 (38% below median its 10-year median of 1.13)
  • GF Value™: ฿206.45 vs. price of ฿285.00 (38% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 39.1% below the Furnishings, Fixtures & Appliances median (#103 of 312)

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


Kang Yong Electric PCL Business Description

Other Exchanges KYE:Thailand
Address 67 Moo 11, Debaratna Road, K.M.20, Bangchalong, Bangplee, Samutprakarn, THA, 10540
Kang Yong Electric PCL manufactures and distributes household electrical appliances under the tradename Mitsubishi. The company operates in three segments, namely, Sale of goods and rendering of services in Thailand, the Sale of goods in Japan, and the Sale of goods in other countries. Its products include refrigerators, electric fans, ventilating fans, water pumps, and hand dryers.
57GF Score

Get the complete analysis for BKK:KYE-R

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

฿285.00
Price
฿206.45
GF Value