Origin Property PCL (BKK:ORI) Cyclically Adjusted PB Ratio: 0.32 (As of Aug. 23, 2026) — 14% Below Median

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BKK:ORI Origin Property PCL BKK:ORI
71 GF Score
Price ฿1.89
GF Value ฿2.14
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Origin Property PCL Cyclically Adjusted PB Ratio?

Origin Property PCL BKK:ORI +1.07% 71 Cyclically Adjusted PB Ratio is 0.32 as of Aug. 23, 2026, which is 14% below its 10-year median of 0.37. GuruFocus rates BKK:ORI with a GF Score™ of 71/100 and a GF Value™ of ฿2.14 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 1,352 Real Estate companies, Origin Property PCL ranks better than 72.49% on this metric.

As of today (2026-08-23), Origin Property PCL's current share price is ฿1.89. Origin Property PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿6.00. Origin Property PCL's Cyclically Adjusted PB Ratio for today is 0.32.

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: 0.37   Max: 1.06
Current: 0.32

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 0.37.

BKK:ORI's Cyclically Adjusted PB Ratio is ranked better than
72.49% of 1352 companies
in the Real Estate industry
Industry Median: 0.675 vs BKK:ORI: 0.32

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 Jun. 2026 was ฿8.354. 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 Jun. 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
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 0.31 0.51 0.33 0.31 0.29

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
71GF 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
=1.89/6.00
=0.32

* 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 Jun. 2026 is calculated as:

For example, Origin Property 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)
=8.354/333.9520*333.9520
=8.354

Current CPI (Jun. 2026) = 333.9520.

Origin Property PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.818 241.428 1.131
201612 0.948 241.432 1.311
201703 1.024 243.801 1.403
201706 1.111 244.955 1.515
201709 1.323 246.819 1.790
201712 2.100 246.524 2.845
201803 2.307 249.554 3.087
201806 2.358 251.989 3.125
201809 2.737 252.439 3.621
201812 3.037 251.233 4.037
201903 3.501 254.202 4.599
201906 3.490 256.143 4.550
201909 3.579 256.759 4.655
201912 3.937 256.974 5.116
202003 4.181 258.115 5.409
202006 4.471 257.797 5.792
202009 4.474 260.280 5.740
202012 4.637 260.474 5.945
202103 4.974 264.877 6.271
202106 4.931 271.696 6.061
202109 5.100 274.310 6.209
202112 6.090 278.802 7.295
202203 6.396 287.504 7.429
202206 6.443 296.311 7.261
202209 6.639 296.808 7.470
202212 7.388 296.797 8.313
202303 7.714 301.836 8.535
202306 7.500 305.109 8.209
202309 7.747 307.789 8.406
202312 7.763 306.746 8.452
202403 7.952 312.332 8.502
202406 7.836 314.175 8.329
202409 8.000 315.301 8.473
202412 7.877 315.605 8.335
202503 7.923 319.799 8.274
202506 8.202 322.561 8.492
202509 8.277 324.800 8.510
202512 8.299 324.054 8.552
202603 8.341 330.213 8.435
202606 8.354 333.952 8.354

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 0.32 mean?
Origin Property PCL (BKK:ORI) has a Cyclically Adjusted PB Ratio of 0.32 as of Aug. 23, 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 14% below median its historical median of 0.37. 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 #372 out of 1352 companies in the Real Estate industry, placing it in the top 27.5%.
Is Origin Property PCL's Cyclically Adjusted PB Ratio too high?
Origin Property PCL's current Cyclically Adjusted PB Ratio of 0.32 is 14% below median its 10-year median of 0.37. 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 0.68. Origin Property PCL's value of 0.32 is 52.6% below this industry median. Based on the distribution chart, Origin Property PCL ranks #372 out of 1352 companies in the Real Estate industry, which is above the industry midpoint. Overall, Origin Property PCL has a GF Score™ of 71/100 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 #372 out of 1352 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 0.68. Origin Property PCL's value of 0.32 is 52.6% 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 0.37 vs. the industry median of 0.68, 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 0.68, based on 1,352 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 0.32 is 52.6% 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 Origin Property PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — 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 0.32, which is 14% below median its own 10-year median of 0.37. 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 ฿2.14, compared to a current price of ฿1.89 — trading 11.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 14% below median its 10-year median of 0.37 and 52.6% below the Real Estate industry median of 0.68. Origin Property PCL's overall GF Score™ is 71/100 with 10 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 0.32 as of Aug. 23, 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 ฿1.89 is trading 11.7% below its estimated GF Value™ of ฿2.14. GuruFocus considers Origin Property PCL to be Modestly Undervalued.

Key valuation signals for BKK:ORI:

  • Cyclically Adjusted PB Ratio: 0.32 (14% below median its 10-year median of 0.37)
  • GF Value™: ฿2.14 vs. price of ฿1.89 (11.7% below fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 52.6% below the Real Estate median (#372 of 1352)

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.
71GF 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.

฿1.89
Price
฿2.14
GF Value