P.C.S. Machine Group Holding PCL (BKK:PCSGH) Cyclically Adjusted PB Ratio: 0.78 (As of Aug. 19, 2026) — 39% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BKK:PCSGH P.C.S. Machine Group Holding PCL BKK:PCSGH
64 GF Score
Price ฿3.04
GF Value ฿3.10
Valuation Fairly Valued
! 3 Warning Signs
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What is P.C.S. Machine Group Holding PCL Cyclically Adjusted PB Ratio?

P.C.S. Machine Group Holding PCL BKK:PCSGH -0.65% 64 Cyclically Adjusted PB Ratio is 0.78 as of Aug. 19, 2026, which is 39% below its 10-year median of 1.28. GuruFocus rates BKK:PCSGH with a GF Score™ of 64/100 and a GF Value™ of ฿3.10 (Fairly Valued). The stock has 3 warning signs investors should review. Among 968 Vehicles & Parts companies, P.C.S. Machine Group Holding PCL ranks better than 67.36% on this metric.

As of today (2026-08-19), P.C.S. Machine Group Holding PCL's current share price is ฿3.04. P.C.S. Machine Group Holding PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿3.91. P.C.S. Machine Group Holding PCL's Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for P.C.S. Machine Group Holding PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:PCSGH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.28   Max: 1.57
Current: 0.78

During the past years, P.C.S. Machine Group Holding PCL's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.75. And the median was 1.28.

BKK:PCSGH's Cyclically Adjusted PB Ratio is ranked better than
67.36% of 968 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs BKK:PCSGH: 0.78

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.

P.C.S. Machine Group Holding PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿3.478. 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 ฿3.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


P.C.S. Machine Group Holding PCL  (BKK:PCSGH) 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.


P.C.S. Machine Group Holding PCL Cyclically Adjusted PB Ratio Related Terms


P.C.S. Machine Group Holding PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for P.C.S. Machine Group Holding 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.

P.C.S. Machine Group Holding PCL Cyclically Adjusted PB Ratio Chart

P.C.S. Machine Group Holding 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 1.41 1.33 1.13 0.81

P.C.S. Machine Group Holding 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 0.83 0.81 0.81 0.78 0.78

BKK:PCSGH vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, P.C.S. Machine Group Holding 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.


P.C.S. Machine Group Holding PCL Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, P.C.S. Machine Group Holding PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where P.C.S. Machine Group Holding PCL's Cyclically Adjusted PB Ratio falls into.


BKK:PCSGH
64GF Score
P.C.S. Machine Group Holding PCL BKK:PCSGH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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P.C.S. Machine Group Holding 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.

P.C.S. Machine Group Holding PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.04/3.91
=0.78

* 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.

P.C.S. Machine Group Holding PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, P.C.S. Machine Group Holding 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)
=3.478/333.9520*333.9520
=3.478

Current CPI (Jun. 2026) = 333.9520.

P.C.S. Machine Group Holding PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.113 241.428 4.306
201612 3.203 241.432 4.430
201703 3.301 243.801 4.522
201706 3.287 244.955 4.481
201709 3.239 246.819 4.382
201712 3.343 246.524 4.529
201803 3.457 249.554 4.626
201806 3.417 251.989 4.528
201809 3.395 252.439 4.491
201812 3.320 251.233 4.413
201903 3.364 254.202 4.419
201906 3.208 256.143 4.182
201909 3.130 256.759 4.071
201912 3.134 256.974 4.073
202003 3.211 258.115 4.154
202006 2.911 257.797 3.771
202009 2.996 260.280 3.844
202012 3.104 260.474 3.980
202103 3.184 264.877 4.014
202106 3.043 271.696 3.740
202109 3.027 274.310 3.685
202112 3.033 278.802 3.633
202203 3.179 287.504 3.693
202206 3.127 296.311 3.524
202209 3.078 296.808 3.463
202212 3.188 296.797 3.587
202303 3.309 301.836 3.661
202306 3.256 305.109 3.564
202309 3.216 307.789 3.489
202312 3.288 306.746 3.580
202403 3.398 312.332 3.633
202406 3.293 314.175 3.500
202409 3.244 315.301 3.436
202412 3.404 315.605 3.602
202503 3.526 319.799 3.682
202506 3.465 322.561 3.587
202509 3.406 324.800 3.502
202512 3.476 324.054 3.582
202603 3.561 330.213 3.601
202606 3.478 333.952 3.478

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 0.78 mean?
P.C.S. Machine Group Holding PCL (BKK:PCSGH) has a Cyclically Adjusted PB Ratio of 0.78 as of Aug. 19, 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 P.C.S. Machine Group Holding PCL and its competitors. This is 39% below median its historical median of 1.28. Over the past decade, P.C.S. Machine Group Holding PCL's Cyclically Adjusted PB Ratio has ranged from 0.75 to 1.57. According to the industry distribution chart, P.C.S. Machine Group Holding PCL ranks #316 out of 968 companies in the Vehicles & Parts industry, placing it in the top 32.6%.
Is P.C.S. Machine Group Holding PCL's Cyclically Adjusted PB Ratio too high?
P.C.S. Machine Group Holding PCL's current Cyclically Adjusted PB Ratio of 0.78 is 39% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.57. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. P.C.S. Machine Group Holding PCL's value of 0.78 is 38.6% below this industry median. Based on the distribution chart, P.C.S. Machine Group Holding PCL ranks #316 out of 968 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, P.C.S. Machine Group Holding PCL has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does P.C.S. Machine Group Holding PCL's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, P.C.S. Machine Group Holding PCL ranks #316 out of 968 companies for Cyclically Adjusted PB Ratio. This puts P.C.S. Machine Group Holding PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. P.C.S. Machine Group Holding PCL's value of 0.78 is 38.6% below this benchmark. Historically, P.C.S. Machine Group Holding PCL's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 1.57 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.27, P.C.S. Machine Group Holding 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 968 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. P.C.S. Machine Group Holding PCL's current Cyclically Adjusted PB Ratio of 0.78 is 38.6% 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 P.C.S. Machine Group Holding PCL and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P.C.S. Machine Group Holding PCL's current Cyclically Adjusted PB Ratio is 0.78, which is 39% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P.C.S. Machine Group Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, P.C.S. Machine Group Holding PCL (BKK:PCSGH) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.10, compared to a current price of ฿3.04 — trading 1.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is 39% below median its 10-year median of 1.28 and 38.6% below the Vehicles & Parts industry median of 1.27. P.C.S. Machine Group Holding PCL's overall GF Score™ is 64/100 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 P.C.S. Machine Group Holding PCL (BKK:PCSGH), the current Cyclically Adjusted PB Ratio is 0.78 as of Aug. 19, 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 P.C.S. Machine Group Holding PCL (BKK:PCSGH) Overvalued in 2026?

Based on GuruFocus' analysis, P.C.S. Machine Group Holding PCL stock appears to be undervalued. The current stock price of ฿3.04 is trading 1.9% below its estimated GF Value™ of ฿3.10. GuruFocus considers P.C.S. Machine Group Holding PCL to be Fairly Valued.

Key valuation signals for BKK:PCSGH:

  • Cyclically Adjusted PB Ratio: 0.78 (39% below median its 10-year median of 1.28)
  • GF Value™: ฿3.10 vs. price of ฿3.04 (1.9% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 38.6% below the Vehicles & Parts median (#316 of 968)

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


P.C.S. Machine Group Holding PCL Business Description

Address 2/1-9 Moo 3, Khok Kruat, Mueang Nakhorn Ratchasima, Nakhon Ratchasima, THA, 30280
P.C.S. Machine Group Holding PCL is a Thailand-based auto parts manufacturer. It is engaged in the manufacture and sale of automotive parts. The group through its subsidiary manufactures engine parts, transmission parts, final drive parts such as camshaft, common rail, gear, and shaft. It also manufactures die casting parts like high-pressure die-casting, vacuum casting, and other aluminum machining parts through its die-casting subsidiary. The company has two reportable segments Asia segment and Europe segment. Majority of its revenue is generated from Asia segment.
64GF Score

Get the complete analysis for BKK:PCSGH

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

฿3.04
Price
฿3.10
GF Value