Origin Property PCL (BKK:ORI) Cyclically Adjusted PB Ratio: 0.35 (As of Aug. 05, 2026) — Near Median

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BKK:ORI Origin Property PCL BKK:ORI
72 GF Score
Price ฿2.04
GF Value ฿2.83
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Origin Property PCL Cyclically Adjusted PB Ratio?

Origin Property PCL BKK:ORI -1.92% 72 Cyclically Adjusted PB Ratio is 0.35 as of Aug. 05, 2026, which is 8% below its 10-year median of 0.38. GuruFocus rates BKK:ORI with a GF Score™ of 72/100 and a GF Value™ of ฿2.83 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,410 Real Estate companies, Origin Property PCL ranks better than 72.06% on this metric.

As of today (2026-08-05), Origin Property PCL's current share price is ฿2.04. Origin Property PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿5.75. Origin Property PCL's Cyclically Adjusted PB Ratio for today is 0.35.

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

BKK:ORI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.38   Max: 1.06
Current: 0.34

During the past years, Origin Property PCL's highest Cyclically Adjusted PB Ratio was 1.06. The lowest was 0.29. And the median was 0.38.

BKK:ORI's Cyclically Adjusted PB Ratio is ranked better than
72.06% of 1410 companies
in the Real Estate industry
Industry Median: 0.69 vs BKK:ORI: 0.34

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.

Origin Property PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿8.341. 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 ฿5.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Origin Property PCL  (BKK:ORI) 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.


Origin Property PCL Cyclically Adjusted PB Ratio Related Terms


Origin Property PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Origin 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.

Origin Property PCL Cyclically Adjusted PB Ratio Chart

Origin 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 0.00 0.00 0.00 0.74 0.33

Origin 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 0.40 0.31 0.51 0.33 0.31

Origin Property PCL Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Origin 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.


Origin Property PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


BKK:ORI
72GF Score
Origin Property PCL BKK:ORI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Origin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.04/5.75
=0.35

* 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.

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

For example, Origin 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)
=8.341/330.2130*330.2130
=8.341

Current CPI (Mar. 2026) = 330.2130.

Origin Property PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.785 241.018 1.076
201609 0.818 241.428 1.119
201612 0.948 241.432 1.297
201703 1.024 243.801 1.387
201706 1.111 244.955 1.498
201709 1.323 246.819 1.770
201712 2.100 246.524 2.813
201803 2.307 249.554 3.053
201806 2.358 251.989 3.090
201809 2.737 252.439 3.580
201812 3.037 251.233 3.992
201903 3.501 254.202 4.548
201906 3.490 256.143 4.499
201909 3.579 256.759 4.603
201912 3.937 256.974 5.059
202003 4.181 258.115 5.349
202006 4.471 257.797 5.727
202009 4.474 260.280 5.676
202012 4.637 260.474 5.879
202103 4.974 264.877 6.201
202106 4.931 271.696 5.993
202109 5.100 274.310 6.139
202112 6.090 278.802 7.213
202203 6.396 287.504 7.346
202206 6.443 296.311 7.180
202209 6.639 296.808 7.386
202212 7.388 296.797 8.220
202303 7.714 301.836 8.439
202306 7.500 305.109 8.117
202309 7.747 307.789 8.311
202312 7.763 306.746 8.357
202403 7.952 312.332 8.407
202406 7.836 314.175 8.236
202409 8.000 315.301 8.378
202412 7.877 315.605 8.242
202503 7.923 319.799 8.181
202506 8.202 322.561 8.397
202509 8.277 324.800 8.415
202512 8.299 324.054 8.457
202603 8.341 330.213 8.341

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 0.35 mean?
Origin Property PCL (BKK:ORI) has a Cyclically Adjusted PB Ratio of 0.35 as of Aug. 05, 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 Origin Property PCL and its competitors. This is near median its historical median of 0.38. Over the past decade, Origin Property PCL's Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.06. According to the industry distribution chart, Origin Property PCL ranks #394 out of 1410 companies in the Real Estate industry, placing it in the top 27.9%.
Is Origin Property PCL's Cyclically Adjusted PB Ratio too high?
Origin Property PCL's current Cyclically Adjusted PB Ratio of 0.35 is near median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.06. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Origin Property PCL's value of 0.35 is 49.3% below this industry median. Based on the distribution chart, Origin Property PCL ranks #394 out of 1410 companies in the Real Estate industry, which is above the industry midpoint. Overall, Origin Property PCL has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Origin Property PCL's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Origin Property PCL ranks #394 out of 1410 companies for Cyclically Adjusted PB Ratio. This puts Origin Property PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Origin Property PCL's value of 0.35 is 49.3% below this benchmark. Historically, Origin Property PCL's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.06 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.69, Origin 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 0.69, based on 1,410 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. Origin Property PCL's current Cyclically Adjusted PB Ratio of 0.35 is 49.3% 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 Origin Property PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Origin Property PCL's current Cyclically Adjusted PB Ratio is 0.35, which is near median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Origin Property PCL stock overvalued right now?
Based on GuruFocus' analysis, Origin Property PCL (BKK:ORI) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.83, compared to a current price of ฿2.04 — trading 27.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.35, which is near median its 10-year median of 0.38 and 49.3% below the Real Estate industry median of 0.69. Origin Property PCL's overall GF Score™ is 72/100 with 9 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 Origin Property PCL (BKK:ORI), the current Cyclically Adjusted PB Ratio is 0.35 as of Aug. 05, 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 Origin Property PCL (BKK:ORI) Overvalued in 2026?

Based on GuruFocus' analysis, Origin Property PCL stock appears to be undervalued. The current stock price of ฿2.04 is trading 27.9% below its estimated GF Value™ of ฿2.83. GuruFocus considers Origin Property PCL to be Modestly Undervalued.

Key valuation signals for BKK:ORI:

  • Cyclically Adjusted PB Ratio: 0.35 (near median its 10-year median of 0.38)
  • GF Value™: ฿2.83 vs. price of ฿2.04 (27.9% below fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 49.3% below the Real Estate median (#394 of 1410)

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


Origin Property PCL Business Description

Address 496 Moo 9, Tambon Samrong Nuea, Amphoe Mueang Samut Prakan, Samut Prakan, THA, 10270
Origin Property PCL is engaged in property development and investing in other companies. The majority of its revenue comes from the sale of real estate, which includes land, houses, and residential condominium units. It also provides project management services. The Group has four reportable segments: Condominium projects, Housing estate projects, Hotels and buildings for rent, and Others, which is services relating to real estate business. Geographically, it operates only in Thailand.
72GF Score

Get the complete analysis for BKK:ORI

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

฿2.04
Price
฿2.83
GF Value