Loxley PCL (BKK:LOXLEY) Cyclically Adjusted PB Ratio: 0.55 (As of Sep. 01, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:LOXLEY Loxley PCL BKK:LOXLEY
67 GF Score
Price ฿1.72
GF Value ฿1.59
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Loxley PCL Cyclically Adjusted PB Ratio?

Loxley PCL BKK:LOXLEY -1.71% 67 Cyclically Adjusted PB Ratio is 0.55 as of Sep. 01, 2026, which is 8% below its 10-year median of 0.60. GuruFocus rates BKK:LOXLEY with a GF Score™ of 67/100 and a GF Value™ of ฿1.59 (Fairly Valued). The stock has 5 warning signs investors should review. Among 423 Conglomerates companies, Loxley PCL ranks better than 69.27% on this metric.

As of today (2026-09-01), Loxley PCL's current share price is ฿1.72. Loxley PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿3.11. Loxley PCL's Cyclically Adjusted PB Ratio for today is 0.55.

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

BKK:LOXLEY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.6   Max: 1.01
Current: 0.56

During the past years, Loxley PCL's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.30. And the median was 0.60.

BKK:LOXLEY's Cyclically Adjusted PB Ratio is ranked better than
69.27% of 423 companies
in the Conglomerates industry
Industry Median: 1.03 vs BKK:LOXLEY: 0.56

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.

Loxley PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿2.905. 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 ฿3.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loxley PCL  (BKK:LOXLEY) 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.


Loxley PCL Cyclically Adjusted PB Ratio Related Terms


Loxley PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Loxley 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.

Loxley PCL Cyclically Adjusted PB Ratio Chart

Loxley 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 0.81 0.71 0.42 0.45 0.42

Loxley 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 0.35 0.50 0.42 0.43 0.46

BKK:LOXLEY vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Loxley 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.


Loxley PCL Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Loxley PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:LOXLEY
67GF Score
Loxley PCL BKK:LOXLEY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Loxley 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.72/3.11
=0.55

* 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.

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

For example, Loxley 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)
=2.905/333.9520*333.9520
=2.905

Current CPI (Jun. 2026) = 333.9520.

Loxley PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.785 241.428 3.852
201612 2.779 241.432 3.844
201703 2.861 243.801 3.919
201706 2.813 244.955 3.835
201709 2.788 246.819 3.772
201712 2.737 246.524 3.708
201803 2.725 249.554 3.647
201806 2.640 251.989 3.499
201809 2.628 252.439 3.477
201812 2.604 251.233 3.461
201903 2.616 254.202 3.437
201906 2.567 256.143 3.347
201909 2.233 256.759 2.904
201912 2.178 256.974 2.830
202003 2.233 258.115 2.889
202006 2.269 257.797 2.939
202009 2.161 260.280 2.773
202012 2.242 260.474 2.874
202103 2.353 264.877 2.967
202106 2.357 271.696 2.897
202109 2.534 274.310 3.085
202112 2.532 278.802 3.033
202203 2.612 287.504 3.034
202206 2.564 296.311 2.890
202209 2.545 296.808 2.863
202212 2.521 296.797 2.837
202303 2.541 301.836 2.811
202306 2.602 305.109 2.848
202309 2.628 307.789 2.851
202312 2.684 306.746 2.922
202403 2.734 312.332 2.923
202406 2.663 314.175 2.831
202409 2.668 315.301 2.826
202412 2.634 315.605 2.787
202503 2.669 319.799 2.787
202506 2.670 322.561 2.764
202509 2.729 324.800 2.806
202512 2.816 324.054 2.902
202603 2.908 330.213 2.941
202606 2.905 333.952 2.905

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 0.55 mean?
Loxley PCL (BKK:LOXLEY) has a Cyclically Adjusted PB Ratio of 0.55 as of Sep. 01, 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 Loxley PCL and its competitors. This is near median its historical median of 0.60. Over the past decade, Loxley PCL's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.01. According to the industry distribution chart, Loxley PCL ranks #130 out of 423 companies in the Conglomerates industry, placing it in the top 30.7%.
Is Loxley PCL's Cyclically Adjusted PB Ratio too high?
Loxley PCL's current Cyclically Adjusted PB Ratio of 0.55 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.01. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.03. Loxley PCL's value of 0.55 is 46.6% below this industry median. Based on the distribution chart, Loxley PCL ranks #130 out of 423 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Loxley PCL has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Loxley PCL's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Loxley PCL ranks #130 out of 423 companies for Cyclically Adjusted PB Ratio. This puts Loxley PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.03. Loxley PCL's value of 0.55 is 46.6% below this benchmark. Historically, Loxley PCL's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.01 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.03, Loxley 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.03, based on 423 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. Loxley PCL's current Cyclically Adjusted PB Ratio of 0.55 is 46.6% 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 Loxley PCL and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Loxley PCL's current Cyclically Adjusted PB Ratio is 0.55, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loxley PCL stock overvalued right now?
Based on GuruFocus' analysis, Loxley PCL (BKK:LOXLEY) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.59, compared to a current price of ฿1.72 — trading 8.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is near median its 10-year median of 0.60 and 46.6% below the Conglomerates industry median of 1.03. Loxley PCL's overall GF Score™ is 67/100 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 Loxley PCL (BKK:LOXLEY), the current Cyclically Adjusted PB Ratio is 0.55 as of Sep. 01, 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 Loxley PCL (BKK:LOXLEY) Overvalued in 2026?

Based on GuruFocus' analysis, Loxley PCL stock appears to be overvalued. The current stock price of ฿1.72 is trading 8.2% above its estimated GF Value™ of ฿1.59. GuruFocus considers Loxley PCL to be Fairly Valued.

Key valuation signals for BKK:LOXLEY:

  • Cyclically Adjusted PB Ratio: 0.55 (near median its 10-year median of 0.60)
  • GF Value™: ฿1.59 vs. price of ฿1.72 (8.2% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 46.6% below the Conglomerates median (#130 of 423)

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


Loxley PCL Business Description

Address 102 Na Ranong Road, Khwang Klong Toey, Khet Klong Toey, Bangkok, THA, 10110
Loxley PCL is a Thailand-based company engaged in the principal businesses of trading and turnkey contract sales of telecommunication equipment, rail transport engineering, and other systems including installation. The active subsidiaries are mainly engaged in their core businesses of trading, sales and services of information technologies and automated customer services machines for financial transactions, sales of consumer products, and providing food service and other services. The company operates in the segments of Information Technology Business Group; Services Business Group; Energy Business Group; Network Solutions Business Group; Trading Business Group; and Special and other businesses. Maximum revenue is derived from its Trading Business Group.
67GF Score

Get the complete analysis for BKK:LOXLEY

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

฿1.72
Price
฿1.59
GF Value