Lee Feed Mill PCL (BKK:LEE) Cyclically Adjusted PB Ratio: 0.72 (As of Jul. 31, 2026) — Near Median

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BKK:LEE Lee Feed Mill PCL BKK:LEE
71 GF Score
Price ฿2.52
GF Value ฿2.37
Valuation Fairly Valued
! 3 Warning Signs
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What is Lee Feed Mill PCL Cyclically Adjusted PB Ratio?

Lee Feed Mill PCL BKK:LEE 71 Cyclically Adjusted PB Ratio is 0.72 as of Jul. 31, 2026, which is 3% below its 10-year median of 0.74. GuruFocus rates BKK:LEE with a GF Score™ of 71/100 and a GF Value™ of ฿2.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,430 Consumer Packaged Goods companies, Lee Feed Mill PCL ranks better than 72.1% on this metric.

As of today (2026-07-31), Lee Feed Mill PCL's current share price is ฿2.52. Lee Feed Mill PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿3.48. Lee Feed Mill PCL's Cyclically Adjusted PB Ratio for today is 0.72.

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

BKK:LEE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.74   Max: 0.99
Current: 0.72

During the past years, Lee Feed Mill PCL's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.62. And the median was 0.74.

BKK:LEE's Cyclically Adjusted PB Ratio is ranked better than
72.1% of 1430 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs BKK:LEE: 0.72

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.

Lee Feed Mill PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿3.288. 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 ฿3.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lee Feed Mill PCL  (BKK:LEE) 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.


Lee Feed Mill PCL Cyclically Adjusted PB Ratio Related Terms


Lee Feed Mill PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lee Feed Mill 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.

Lee Feed Mill PCL Cyclically Adjusted PB Ratio Chart

Lee Feed Mill 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 0.86 0.73 0.67 0.69 0.76

Lee Feed Mill 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 0.66 0.70 0.75 0.76 0.70

BKK:LEE vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Lee Feed Mill 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.


Lee Feed Mill PCL Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lee Feed Mill PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lee Feed Mill PCL's Cyclically Adjusted PB Ratio falls into.


BKK:LEE
71GF Score
Lee Feed Mill PCL BKK:LEE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lee Feed Mill 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.

Lee Feed Mill PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.52/3.48
=0.72

* 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.

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

For example, Lee Feed Mill 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)
=3.288/330.2130*330.2130
=3.288

Current CPI (Mar. 2026) = 330.2130.

Lee Feed Mill PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.731 241.018 3.742
201609 2.823 241.428 3.861
201612 2.902 241.432 3.969
201703 2.948 243.801 3.993
201706 2.756 244.955 3.715
201709 2.817 246.819 3.769
201712 2.861 246.524 3.832
201803 2.882 249.554 3.813
201806 2.712 251.989 3.554
201809 2.745 252.439 3.591
201812 2.760 251.233 3.628
201903 2.769 254.202 3.597
201906 2.726 256.143 3.514
201909 2.771 256.759 3.564
201912 2.850 256.974 3.662
202003 2.881 258.115 3.686
202006 2.806 257.797 3.594
202009 2.862 260.280 3.631
202012 2.928 260.474 3.712
202103 2.969 264.877 3.701
202106 2.815 271.696 3.421
202109 2.838 274.310 3.416
202112 2.994 278.802 3.546
202203 2.999 287.504 3.445
202206 2.891 296.311 3.222
202209 2.886 296.808 3.211
202212 2.910 296.797 3.238
202303 2.910 301.836 3.184
202306 2.915 305.109 3.155
202309 2.951 307.789 3.166
202312 2.981 306.746 3.209
202403 3.005 312.332 3.177
202406 2.941 314.175 3.091
202409 3.009 315.301 3.151
202412 3.059 315.605 3.201
202503 3.120 319.799 3.222
202506 3.086 322.561 3.159
202509 3.187 324.800 3.240
202512 3.241 324.054 3.303
202603 3.288 330.213 3.288

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 0.72 mean?
Lee Feed Mill PCL (BKK:LEE) has a Cyclically Adjusted PB Ratio of 0.72 as of Jul. 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 Lee Feed Mill PCL and its competitors. This is near median its historical median of 0.74. Over the past decade, Lee Feed Mill PCL's Cyclically Adjusted PB Ratio has ranged from 0.62 to 0.99. According to the industry distribution chart, Lee Feed Mill PCL ranks #399 out of 1430 companies in the Consumer Packaged Goods industry, placing it in the top 27.9%.
Is Lee Feed Mill PCL's Cyclically Adjusted PB Ratio too high?
Lee Feed Mill PCL's current Cyclically Adjusted PB Ratio of 0.72 is near median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 0.99. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Lee Feed Mill PCL's value of 0.72 is 42.4% below this industry median. Based on the distribution chart, Lee Feed Mill PCL ranks #399 out of 1430 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Lee Feed Mill PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lee Feed Mill PCL's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Lee Feed Mill PCL ranks #399 out of 1430 companies for Cyclically Adjusted PB Ratio. This puts Lee Feed Mill PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Lee Feed Mill PCL's value of 0.72 is 42.4% below this benchmark. Historically, Lee Feed Mill PCL's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 0.99 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.25, Lee Feed Mill 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 1.25, based on 1,430 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. Lee Feed Mill PCL's current Cyclically Adjusted PB Ratio of 0.72 is 42.4% 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 Lee Feed Mill PCL and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lee Feed Mill PCL's current Cyclically Adjusted PB Ratio is 0.72, which is near median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee Feed Mill PCL stock overvalued right now?
Based on GuruFocus' analysis, Lee Feed Mill PCL (BKK:LEE) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.37, compared to a current price of ฿2.52 — trading 6.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.72, which is near median its 10-year median of 0.74 and 42.4% below the Consumer Packaged Goods industry median of 1.25. Lee Feed Mill PCL's overall GF Score™ is 71/100 with 3 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 Lee Feed Mill PCL (BKK:LEE), the current Cyclically Adjusted PB Ratio is 0.72 as of Jul. 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 Lee Feed Mill PCL (BKK:LEE) Overvalued in 2026?

Based on GuruFocus' analysis, Lee Feed Mill PCL stock appears to be overvalued. The current stock price of ฿2.52 is trading 6.3% above its estimated GF Value™ of ฿2.37. GuruFocus considers Lee Feed Mill PCL to be Fairly Valued.

Key valuation signals for BKK:LEE:

  • Cyclically Adjusted PB Ratio: 0.72 (near median its 10-year median of 0.74)
  • GF Value™: ฿2.37 vs. price of ฿2.52 (6.3% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 42.4% below the Consumer Packaged Goods median (#399 of 1430)

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


Lee Feed Mill PCL Business Description

Address 33/137 Surawong Road, 28th Floor, Wall Street Tower, Bangrak, Bangkok, THA, 10500
Lee Feed Mill PCL engages in the production, and distribution of animal feed for both livestock, and aquaculture in concentrated pellet and powder forms, as well as feed for swine, chickens, ducks, cattle, fish, and shrimp, under the brand names of Lee, Win, Max, and Pro-Grade. The company operates through the following segments: Manufacture and Distribution of Animal Feed, Crop Drying, Experimental Farming, and Crop Farming. It offers pet food, land-animal feed, and aquatic animal feed. The company is also involved in breeding broiler chicks; silo grain storage as well as rental farming businesses. Its operations are majorly carried out in Thailand and also in the State of Cambodia.
71GF Score

Get the complete analysis for BKK:LEE

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

฿2.52
Price
฿2.37
GF Value