Lalin Property PCL (BKK:LALIN-R) Cyclically Adjusted PB Ratio: 0.48 (As of Jul. 02, 2026) — 52% Below Median


BKK:LALIN-R Lalin Property PCL BKK:LALIN-R
57 GF Score
Price ฿4.56
GF Value ฿4.48
! 4 Warning Signs
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What is Lalin Property PCL Cyclically Adjusted PB Ratio?

Lalin Property PCL BKK:LALIN-R 57 Cyclically Adjusted PB Ratio is 0.48 as of Jul. 02, 2026, which is 52% below its 10-year median of 0.99. GuruFocus rates BKK:LALIN-R with a GF Score™ of 57/100 and a GF Value™ of ฿4.48. The stock has 4 warning signs investors should review. Among 1,437 Real Estate companies, Lalin Property PCL ranks better than 65.34% on this metric.

As of today (2026-07-02), Lalin Property PCL's current share price is ฿4.56145. Lalin Property PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿9.55. Lalin Property PCL's Cyclically Adjusted PB Ratio for today is 0.48.

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

BKK:LALIN-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.99   Max: 1.79
Current: 0.45

During the past years, Lalin Property PCL's highest Cyclically Adjusted PB Ratio was 1.79. The lowest was 0.45. And the median was 0.99.

BKK:LALIN-R's Cyclically Adjusted PB Ratio is ranked better than
65.34% of 1437 companies
in the Real Estate industry
Industry Median: 0.7 vs BKK:LALIN-R: 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.

Lalin Property PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿10.471. 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 ฿9.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lalin Property PCL  (BKK:LALIN-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.


Lalin Property PCL Cyclically Adjusted PB Ratio Related Terms


Lalin Property PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lalin Property 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.

Lalin Property PCL Cyclically Adjusted PB Ratio Chart

Lalin Property 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 1.40 1.22 0.99 0.70 0.52

Lalin Property 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 0.59 0.53 0.54 0.52 0.48

Lalin Property PCL Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Lalin Property 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.


Lalin Property PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


BKK:LALIN-R
57GF Score
Lalin Property PCL BKK:LALIN-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lalin Property 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.

Lalin Property PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.56145/9.55
=0.48

* 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.

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

For example, Lalin Property 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)
=10.471/330.2130*330.2130
=10.471

Current CPI (Mar. 2026) = 330.2130.

Lalin Property PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.205 241.018 7.131
201609 5.247 241.428 7.177
201612 5.371 241.432 7.346
201703 6.160 243.801 8.343
201706 5.667 244.955 7.639
201709 5.753 246.819 7.697
201712 5.972 246.524 7.999
201803 6.169 249.554 8.163
201806 6.241 251.989 8.178
201809 6.264 252.439 8.194
201812 6.482 251.233 8.520
201903 6.756 254.202 8.776
201906 6.743 256.143 8.693
201909 6.826 256.759 8.779
201912 7.096 256.974 9.118
202003 7.364 258.115 9.421
202006 7.582 257.797 9.712
202009 7.665 260.280 9.724
202012 8.078 260.474 10.241
202103 8.424 264.877 10.502
202106 8.447 271.696 10.266
202109 8.519 274.310 10.255
202112 8.925 278.802 10.571
202203 9.279 287.504 10.657
202206 9.310 296.311 10.375
202209 9.329 296.808 10.379
202212 9.660 296.797 10.748
202303 9.913 301.836 10.845
202306 9.801 305.109 10.607
202309 9.736 307.789 10.445
202312 9.957 306.746 10.719
202403 10.086 312.332 10.663
202406 9.993 314.175 10.503
202409 10.025 315.301 10.499
202412 10.190 315.605 10.662
202503 10.291 319.799 10.626
202506 10.255 322.561 10.498
202509 10.222 324.800 10.392
202512 10.391 324.054 10.588
202603 10.471 330.213 10.471

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 0.48 mean?
Lalin Property PCL (BKK:LALIN-R) has a Cyclically Adjusted PB Ratio of 0.48 as of Jul. 02, 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 Lalin Property PCL and its competitors. This is 52% below median its historical median of 0.99. Over the past decade, Lalin Property PCL's Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.79. According to the industry distribution chart, Lalin Property PCL ranks #498 out of 1437 companies in the Real Estate industry, placing it in the top 34.7%.
Is Lalin Property PCL's Cyclically Adjusted PB Ratio too high?
Lalin Property PCL's current Cyclically Adjusted PB Ratio of 0.48 is 52% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.79. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. Lalin Property PCL's value of 0.48 is 31.4% below this industry median. Based on the distribution chart, Lalin Property PCL ranks #498 out of 1437 companies in the Real Estate industry, which is above the industry midpoint. Overall, Lalin Property PCL has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Lalin Property PCL's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Lalin Property PCL ranks #498 out of 1437 companies for Cyclically Adjusted PB Ratio. This puts Lalin Property PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.70. Lalin Property PCL's value of 0.48 is 31.4% below this benchmark. Historically, Lalin Property PCL's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.79 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.70, Lalin Property 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.70, based on 1,437 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. Lalin Property PCL's current Cyclically Adjusted PB Ratio of 0.48 is 31.4% 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 Lalin Property PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lalin Property PCL's current Cyclically Adjusted PB Ratio is 0.48, which is 52% 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 Lalin Property PCL stock overvalued right now?
Lalin Property PCL (BKK:LALIN-R) has a current Cyclically Adjusted PB Ratio of 0.48. The stock's GF Value™ is ฿4.48, compared to a current price of ฿4.56 — trading 1.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.48, which is 52% below median its 10-year median of 0.99 and 31.4% below the Real Estate industry median of 0.70. Lalin Property 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 Lalin Property PCL (BKK:LALIN-R), the current Cyclically Adjusted PB Ratio is 0.48 as of Jul. 02, 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 Lalin Property PCL (BKK:LALIN-R) Overvalued in 2026?

Based on GuruFocus' analysis, Lalin Property PCL stock appears to be overvalued. The current stock price of ฿4.56 is trading 1.8% above its estimated GF Value™ of ฿4.48.

Key valuation signals for BKK:LALIN-R:

  • Cyclically Adjusted PB Ratio: 0.48 (52% below median its 10-year median of 0.99)
  • GF Value™: ฿4.48 vs. price of ฿4.56 (1.8% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 31.4% below the Real Estate median (#498 of 1437)

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


Lalin Property PCL Business Description

Other Exchanges LALIN:Thailand
Address 222/2 Srinakharin Road, Huamark Subdistrict, Bangkapi District, Bangkok, THA, 10240
Lalin Property PCL is a Thai property developer. The company is engaged in the development of housing projects, including townhomes, condominiums, single houses, and zone projects for sale. Some of its projects include House Pracha Uthit, House Rangsit, House Lam Luk Ka, House Ram Intra, Townhome Bangna, Townhome Rangsit, and others.
57GF Score

Get the complete analysis for BKK:LALIN-R

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

฿4.56
Price
฿4.48
GF Value