Newcity (Bangkok) PCL (BKK:NC-R) Cyclically Adjusted PB Ratio: 0.53 (As of Jun. 30, 2026) — Near Median


BKK:NC-R Newcity (Bangkok) PCL BKK:NC-R
61 GF Score
Price ฿1.80
GF Value ฿2.33
! 3 Warning Signs
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What is Newcity (Bangkok) PCL Cyclically Adjusted PB Ratio?

Newcity (Bangkok) PCL BKK:NC-R 61 Cyclically Adjusted PB Ratio is 0.53 as of Jun. 30, 2026, which is 4% below its 10-year median of 0.55. GuruFocus rates BKK:NC-R with a GF Score™ of 61/100 and a GF Value™ of ฿2.33. The stock has 3 warning signs investors should review. Among 805 Retail - Cyclical companies, Newcity (Bangkok) PCL ranks better than 75.9% on this metric.

As of today (2026-06-30), Newcity (Bangkok) PCL's current share price is ฿1.80. Newcity (Bangkok) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿3.37. Newcity (Bangkok) PCL's Cyclically Adjusted PB Ratio for today is 0.53.

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

BKK:NC-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.55   Max: 3.14
Current: 0.51

During the past years, Newcity (Bangkok) PCL's highest Cyclically Adjusted PB Ratio was 3.14. The lowest was 0.26. And the median was 0.55.

BKK:NC-R's Cyclically Adjusted PB Ratio is ranked better than
75.9% of 805 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs BKK:NC-R: 0.51

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.

Newcity (Bangkok) PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿3.165. 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 ฿3.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Newcity (Bangkok) PCL  (BKK:NC-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.


Newcity (Bangkok) PCL Cyclically Adjusted PB Ratio Related Terms


Newcity (Bangkok) PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Newcity (Bangkok) 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.

Newcity (Bangkok) PCL Cyclically Adjusted PB Ratio Chart

Newcity (Bangkok) 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 0.30 0.35 1.45 0.70 0.62

Newcity (Bangkok) 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 0.70 0.61 0.66 0.62 0.53

BKK:NC-R vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, Newcity (Bangkok) 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.


Newcity (Bangkok) PCL Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Newcity (Bangkok) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Newcity (Bangkok) PCL's Cyclically Adjusted PB Ratio falls into.


BKK:NC-R
61GF Score
Newcity (Bangkok) PCL BKK:NC-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Newcity (Bangkok) 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.

Newcity (Bangkok) PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.80/3.37
=0.53

* 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.

Newcity (Bangkok) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Newcity (Bangkok) 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)
=3.165/330.2130*330.2130
=3.165

Current CPI (Mar. 2026) = 330.2130.

Newcity (Bangkok) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.501 241.018 3.427
201609 2.518 241.428 3.444
201612 2.585 241.432 3.536
201703 2.675 243.801 3.623
201706 2.639 244.955 3.558
201709 2.735 246.819 3.659
201712 2.891 246.524 3.872
201803 2.907 249.554 3.847
201806 2.886 251.989 3.782
201809 2.924 252.439 3.825
201812 2.928 251.233 3.848
201903 2.972 254.202 3.861
201906 2.931 256.143 3.779
201909 2.938 256.759 3.779
201912 2.948 256.974 3.788
202003 2.932 258.115 3.751
202006 3.041 257.797 3.895
202009 3.063 260.280 3.886
202012 2.857 260.474 3.622
202103 2.792 264.877 3.481
202106 2.757 271.696 3.351
202109 2.697 274.310 3.247
202112 2.991 278.802 3.543
202203 3.055 287.504 3.509
202206 2.788 296.311 3.107
202209 2.791 296.808 3.105
202212 2.985 296.797 3.321
202303 3.039 301.836 3.325
202306 3.102 305.109 3.357
202309 3.075 307.789 3.299
202312 3.101 306.746 3.338
202403 3.159 312.332 3.340
202406 3.093 314.175 3.251
202409 3.101 315.301 3.248
202412 3.139 315.605 3.284
202503 3.121 319.799 3.223
202506 3.125 322.561 3.199
202509 3.129 324.800 3.181
202512 3.138 324.054 3.198
202603 3.165 330.213 3.165

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 0.53 mean?
Newcity (Bangkok) PCL (BKK:NC-R) has a Cyclically Adjusted PB Ratio of 0.53 as of Jun. 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 Newcity (Bangkok) PCL and its competitors. This is near median its historical median of 0.55. Over the past decade, Newcity (Bangkok) PCL's Cyclically Adjusted PB Ratio has ranged from 0.26 to 3.14. According to the industry distribution chart, Newcity (Bangkok) PCL ranks #194 out of 805 companies in the Retail - Cyclical industry, placing it in the top 24.1%.
Is Newcity (Bangkok) PCL's Cyclically Adjusted PB Ratio too high?
Newcity (Bangkok) PCL's current Cyclically Adjusted PB Ratio of 0.53 is near median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 3.14. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Newcity (Bangkok) PCL's value of 0.53 is 57.6% below this industry median. Based on the distribution chart, Newcity (Bangkok) PCL ranks #194 out of 805 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Newcity (Bangkok) PCL has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Newcity (Bangkok) PCL's Cyclically Adjusted PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Newcity (Bangkok) PCL ranks #194 out of 805 companies for Cyclically Adjusted PB Ratio. This places Newcity (Bangkok) PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. Newcity (Bangkok) PCL's value of 0.53 is 57.6% below this benchmark. Historically, Newcity (Bangkok) PCL's own Cyclically Adjusted PB Ratio has ranged from 0.26 to 3.14 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.25, Newcity (Bangkok) 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 805 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. Newcity (Bangkok) PCL's current Cyclically Adjusted PB Ratio of 0.53 is 57.6% 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 Newcity (Bangkok) PCL and its competitors. For the Retail - Cyclical 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. Newcity (Bangkok) PCL's current Cyclically Adjusted PB Ratio is 0.53, which is near median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newcity (Bangkok) PCL stock overvalued right now?
Newcity (Bangkok) PCL (BKK:NC-R) has a current Cyclically Adjusted PB Ratio of 0.53. The stock's GF Value™ is ฿2.33, compared to a current price of ฿1.80 — trading 22.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.53, which is near median its 10-year median of 0.55 and 57.6% below the Retail - Cyclical industry median of 1.25. Newcity (Bangkok) PCL's overall GF Score™ is 61/100 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 Newcity (Bangkok) PCL (BKK:NC-R), the current Cyclically Adjusted PB Ratio is 0.53 as of Jun. 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 Newcity (Bangkok) PCL (BKK:NC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Newcity (Bangkok) PCL stock appears to be undervalued. The current stock price of ฿1.80 is trading 22.7% below its estimated GF Value™ of ฿2.33.

Key valuation signals for BKK:NC-R:

  • Cyclically Adjusted PB Ratio: 0.53 (near median its 10-year median of 0.55)
  • GF Value™: ฿2.33 vs. price of ฿1.80 (22.7% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 57.6% below the Retail - Cyclical median (#194 of 805)

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


Newcity (Bangkok) PCL Business Description

Other Exchanges NC:Thailand
Address 666 Rama 3 Road, Bangpongpang, Yannawa, Bangkok, THA, 10120
Newcity (Bangkok) PCL is mainly engaged in the distribution of pantyhose, cosmetics, innerwear and exercise outfits. The company operates in three segments namely, the Textile segment comprises distribution of textiles and related products which also generates the majority of the revenue, Cosmetic segments comprises of trading and distribution of cosmetics, and Other segment. The Majority of its revenue is earned from the Thailand, while it also has presence in other countries.
61GF Score

Get the complete analysis for BKK:NC-R

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

฿1.80
Price
฿2.33
GF Value