Lam Soon (Thailand) PCL Shs (BKK:LST) Cyclically Adjusted PB Ratio: 0.80 (As of Jul. 30, 2026) — 31% Below 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:LST Lam Soon (Thailand) PCL Shs BKK:LST
78 GF Score
Price ฿4.78
GF Value ฿5.76
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Lam Soon (Thailand) PCL Shs Cyclically Adjusted PB Ratio?

Lam Soon (Thailand) PCL Shs BKK:LST 78 Cyclically Adjusted PB Ratio is 0.80 as of Jul. 30, 2026, which is 31% below its 10-year median of 1.16. GuruFocus rates BKK:LST with a GF Score™ of 78/100 and a GF Value™ of ฿5.76 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,437 Consumer Packaged Goods companies, Lam Soon (Thailand) PCL Shs ranks better than 67.99% on this metric.

As of today (2026-07-30), Lam Soon (Thailand) PCL Shs's current share price is ฿4.78. Lam Soon (Thailand) PCL Shs's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿6.00. Lam Soon (Thailand) PCL Shs's Cyclically Adjusted PB Ratio for today is 0.80.

The historical rank and industry rank for Lam Soon (Thailand) PCL Shs's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:LST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.16   Max: 2.69
Current: 0.8

During the past years, Lam Soon (Thailand) PCL Shs's highest Cyclically Adjusted PB Ratio was 2.69. The lowest was 0.77. And the median was 1.16.

BKK:LST's Cyclically Adjusted PB Ratio is ranked better than
67.99% of 1437 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs BKK:LST: 0.80

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.

Lam Soon (Thailand) PCL Shs's adjusted book value per share data for the three months ended in Mar. 2026 was ฿6.910. 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 ฿6.00 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lam Soon (Thailand) PCL Shs  (BKK:LST) 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.


Lam Soon (Thailand) PCL Shs Cyclically Adjusted PB Ratio Related Terms


Lam Soon (Thailand) PCL Shs Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lam Soon (Thailand) PCL Shs'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.

Lam Soon (Thailand) PCL Shs Cyclically Adjusted PB Ratio Chart

Lam Soon (Thailand) PCL Shs 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 1.24 1.06 0.95 0.89 0.80

Lam Soon (Thailand) PCL Shs 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 0.84 0.80 0.80 0.80 0.78

BKK:LST vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Lam Soon (Thailand) PCL Shs'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.


Lam Soon (Thailand) PCL Shs Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lam Soon (Thailand) PCL Shs's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lam Soon (Thailand) PCL Shs's Cyclically Adjusted PB Ratio falls into.


BKK:LST
78GF Score
Lam Soon (Thailand) PCL Shs BKK:LST
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lam Soon (Thailand) PCL Shs 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.

Lam Soon (Thailand) PCL Shs's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.78/6.00
=0.80

* 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.

Lam Soon (Thailand) PCL Shs's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Lam Soon (Thailand) PCL Shs'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)
=6.91/330.2130*330.2130
=6.910

Current CPI (Mar. 2026) = 330.2130.

Lam Soon (Thailand) PCL Shs Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.619 241.018 4.958
201609 3.717 241.428 5.084
201612 3.821 241.432 5.226
201703 3.907 243.801 5.292
201706 4.017 244.955 5.415
201709 4.124 246.819 5.517
201712 4.138 246.524 5.543
201803 4.235 249.554 5.604
201806 4.209 251.989 5.516
201809 4.301 252.439 5.626
201812 4.424 251.233 5.815
201903 4.535 254.202 5.891
201906 4.434 256.143 5.716
201909 4.587 256.759 5.899
201912 4.736 256.974 6.086
202003 4.758 258.115 6.087
202006 4.448 257.797 5.697
202009 4.608 260.280 5.846
202012 4.796 260.474 6.080
202103 4.928 264.877 6.144
202106 4.881 271.696 5.932
202109 5.056 274.310 6.086
202112 5.254 278.802 6.223
202203 5.424 287.504 6.230
202206 5.267 296.311 5.870
202209 5.340 296.808 5.941
202212 5.539 296.797 6.163
202303 5.731 301.836 6.270
202306 5.665 305.109 6.131
202309 5.818 307.789 6.242
202312 5.965 306.746 6.421
202403 6.110 312.332 6.460
202406 5.961 314.175 6.265
202409 6.186 315.301 6.479
202412 6.345 315.605 6.639
202503 6.463 319.799 6.673
202506 6.406 322.561 6.558
202509 6.628 324.800 6.738
202512 6.749 324.054 6.877
202603 6.910 330.213 6.910

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 0.80 mean?
Lam Soon (Thailand) PCL Shs (BKK:LST) has a Cyclically Adjusted PB Ratio of 0.80 as of Jul. 30, 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 Lam Soon (Thailand) PCL Shs and its competitors. This is 31% below median its historical median of 1.16. Over the past decade, Lam Soon (Thailand) PCL Shs' Cyclically Adjusted PB Ratio has ranged from 0.77 to 2.69. According to the industry distribution chart, Lam Soon (Thailand) PCL Shs ranks #460 out of 1437 companies in the Consumer Packaged Goods industry, placing it in the top 32%.
Is Lam Soon (Thailand) PCL Shs' Cyclically Adjusted PB Ratio too high?
Lam Soon (Thailand) PCL Shs' current Cyclically Adjusted PB Ratio of 0.80 is 31% below median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 2.69. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Lam Soon (Thailand) PCL Shs' value of 0.80 is 36% below this industry median. Based on the distribution chart, Lam Soon (Thailand) PCL Shs ranks #460 out of 1437 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Lam Soon (Thailand) PCL Shs has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lam Soon (Thailand) PCL Shs' Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Lam Soon (Thailand) PCL Shs ranks #460 out of 1437 companies for Cyclically Adjusted PB Ratio. This puts Lam Soon (Thailand) PCL Shs in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Lam Soon (Thailand) PCL Shs' value of 0.80 is 36% below this benchmark. Historically, Lam Soon (Thailand) PCL Shs' own Cyclically Adjusted PB Ratio has ranged from 0.77 to 2.69 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 1.25, Lam Soon (Thailand) PCL Shs 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 1,437 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. Lam Soon (Thailand) PCL Shs's current Cyclically Adjusted PB Ratio of 0.80 is 36% 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 Lam Soon (Thailand) PCL Shs 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. Lam Soon (Thailand) PCL Shs's current Cyclically Adjusted PB Ratio is 0.80, which is 31% below median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Soon (Thailand) PCL Shs stock overvalued right now?
Based on GuruFocus' analysis, Lam Soon (Thailand) PCL Shs (BKK:LST) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿5.76, compared to a current price of ฿4.78 — trading 17% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.80, which is 31% below median its 10-year median of 1.16 and 36% below the Consumer Packaged Goods industry median of 1.25. Lam Soon (Thailand) PCL Shs' overall GF Score™ is 78/100 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 Lam Soon (Thailand) PCL Shs (BKK:LST), the current Cyclically Adjusted PB Ratio is 0.80 as of Jul. 30, 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 Lam Soon (Thailand) PCL Shs (BKK:LST) Overvalued in 2026?

Based on GuruFocus' analysis, Lam Soon (Thailand) PCL Shs stock appears to be undervalued. The current stock price of ฿4.78 is trading 17% below its estimated GF Value™ of ฿5.76. GuruFocus considers Lam Soon (Thailand) PCL Shs to be Modestly Undervalued.

Key valuation signals for BKK:LST:

  • Cyclically Adjusted PB Ratio: 0.80 (31% below median its 10-year median of 1.16)
  • GF Value™: ฿5.76 vs. price of ฿4.78 (17% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 36% below the Consumer Packaged Goods median (#460 of 1437)

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


Lam Soon (Thailand) PCL Shs Business Description

Address 64, Soi Bangna-Trad 25, Bangna Nuea, Bangkok, THA, 10260
Lam Soon (Thailand) PCL Shs along with its subsidiaries is principally engaged in the manufacture and distribution of palm oil. The group and its subsidiaries are organized into business units based on their products and services and have two reportable segments namely manufacturing and distribution of palm oil segment, which includes the generation of electricity from biogases, the by-products from palm oil manufacturing; and the manufacturing and distribution of processed fruits and vegetable segment. Geographically, it operates through the region of Thailand and it holds a presence in the international market, however domestic sales account for the majority of revenue.
78GF Score

Get the complete analysis for BKK:LST

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

฿4.78
Price
฿5.76
GF Value