Pranda Jewelry PCL (BKK:PDJ) Cyclically Adjusted PB Ratio: 0.19 (As of Aug. 19, 2026) — 46% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BKK:PDJ Pranda Jewelry PCL BKK:PDJ
48 GF Score
Price ฿1.00
GF Value ฿1.36
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Pranda Jewelry PCL Cyclically Adjusted PB Ratio?

Pranda Jewelry PCL BKK:PDJ +1.01% 48 Cyclically Adjusted PB Ratio is 0.19 as of Aug. 19, 2026, which is 46% below its 10-year median of 0.35. GuruFocus rates BKK:PDJ with a GF Score™ of 48/100 and a GF Value™ of ฿1.36 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 792 Retail - Cyclical companies, Pranda Jewelry PCL ranks better than 92.68% on this metric.

As of today (2026-08-19), Pranda Jewelry PCL's current share price is ฿1.00. Pranda Jewelry PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿5.20. Pranda Jewelry PCL's Cyclically Adjusted PB Ratio for today is 0.19.

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

BKK:PDJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.35   Max: 0.63
Current: 0.18

During the past years, Pranda Jewelry PCL's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.14. And the median was 0.35.

BKK:PDJ's Cyclically Adjusted PB Ratio is ranked better than
92.68% of 792 companies
in the Retail - Cyclical industry
Industry Median: 1.22 vs BKK:PDJ: 0.18

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.

Pranda Jewelry PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿3.179. 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 ฿5.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pranda Jewelry PCL  (BKK:PDJ) 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.


Pranda Jewelry PCL Cyclically Adjusted PB Ratio Related Terms


Pranda Jewelry PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pranda Jewelry 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.

Pranda Jewelry PCL Cyclically Adjusted PB Ratio Chart

Pranda Jewelry 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 0.49 0.46 0.33 0.36 0.24

Pranda Jewelry 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 0.32 0.26 0.24 0.24 0.18

BKK:PDJ vs TPR, SIG: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Pranda Jewelry 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.


Pranda Jewelry PCL Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


BKK:PDJ
48GF Score
Pranda Jewelry PCL BKK:PDJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Pranda Jewelry 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.

Pranda Jewelry PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.00/5.20
=0.19

* 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.

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

For example, Pranda Jewelry 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)
=3.179/330.2130*330.2130
=3.179

Current CPI (Mar. 2026) = 330.2130.

Pranda Jewelry PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.494 241.018 7.527
201609 5.372 241.428 7.348
201612 5.401 241.432 7.387
201703 5.225 243.801 7.077
201706 5.167 244.955 6.965
201709 5.087 246.819 6.806
201712 5.025 246.524 6.731
201803 4.910 249.554 6.497
201806 5.317 251.989 6.968
201809 5.244 252.439 6.860
201812 5.294 251.233 6.958
201903 4.906 254.202 6.373
201906 4.584 256.143 5.910
201909 4.612 256.759 5.931
201912 4.581 256.974 5.887
202003 4.222 258.115 5.401
202006 4.074 257.797 5.218
202009 4.037 260.280 5.122
202012 4.034 260.474 5.114
202103 3.803 264.877 4.741
202106 3.578 271.696 4.349
202109 3.572 274.310 4.300
202112 3.687 278.802 4.367
202203 3.718 287.504 4.270
202206 3.721 296.311 4.147
202209 3.901 296.808 4.340
202212 4.026 296.797 4.479
202303 3.971 301.836 4.344
202306 3.849 305.109 4.166
202309 3.863 307.789 4.144
202312 4.016 306.746 4.323
202403 3.931 312.332 4.156
202406 3.866 314.175 4.063
202409 3.845 315.301 4.027
202412 3.962 315.605 4.145
202503 3.854 319.799 3.980
202506 3.555 322.561 3.639
202509 3.369 324.800 3.425
202512 3.291 324.054 3.354
202603 3.179 330.213 3.179

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 0.19 mean?
Pranda Jewelry PCL (BKK:PDJ) has a Cyclically Adjusted PB Ratio of 0.19 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 Pranda Jewelry PCL and its competitors. This is 46% below median its historical median of 0.35. Over the past decade, Pranda Jewelry PCL's Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.63. According to the industry distribution chart, Pranda Jewelry PCL ranks #58 out of 792 companies in the Retail - Cyclical industry, placing it in the top 7.3%.
Is Pranda Jewelry PCL's Cyclically Adjusted PB Ratio too high?
Pranda Jewelry PCL's current Cyclically Adjusted PB Ratio of 0.19 is 46% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.63. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.22. Pranda Jewelry PCL's value of 0.19 is 84.4% below this industry median. Based on the distribution chart, Pranda Jewelry PCL ranks #58 out of 792 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Pranda Jewelry PCL has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pranda Jewelry PCL's Cyclically Adjusted PB Ratio compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Pranda Jewelry PCL ranks #58 out of 792 companies for Cyclically Adjusted PB Ratio. This places Pranda Jewelry PCL in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.22. Pranda Jewelry PCL's value of 0.19 is 84.4% below this benchmark. Historically, Pranda Jewelry PCL's own Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.63 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.22, Pranda Jewelry 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 1.22, based on 792 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. Pranda Jewelry PCL's current Cyclically Adjusted PB Ratio of 0.19 is 84.4% 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 Pranda Jewelry PCL and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pranda Jewelry PCL's current Cyclically Adjusted PB Ratio is 0.19, which is 46% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pranda Jewelry PCL stock overvalued right now?
Based on GuruFocus' analysis, Pranda Jewelry PCL (BKK:PDJ) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.36, compared to a current price of ฿1.00 — trading 26.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.19, which is 46% below median its 10-year median of 0.35 and 84.4% below the Retail - Cyclical industry median of 1.22. Pranda Jewelry PCL's overall GF Score™ is 48/100 with 4 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 Pranda Jewelry PCL (BKK:PDJ), the current Cyclically Adjusted PB Ratio is 0.19 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 Pranda Jewelry PCL (BKK:PDJ) Overvalued in 2026?

Based on GuruFocus' analysis, Pranda Jewelry PCL stock appears to be undervalued. The current stock price of ฿1.00 is trading 26.5% below its estimated GF Value™ of ฿1.36. GuruFocus considers Pranda Jewelry PCL to be Modestly Undervalued.

Key valuation signals for BKK:PDJ:

  • Cyclically Adjusted PB Ratio: 0.19 (46% below median its 10-year median of 0.35)
  • GF Value™: ฿1.36 vs. price of ฿1.00 (26.5% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 84.4% below the Retail - Cyclical median (#58 of 792)

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


Pranda Jewelry PCL Business Description

Address 28 Soi Bangna-Trad 28, Bangna Tai Subdistrict, Bangna District, Bangkok, THA, 10260
Pranda Jewelry PCL is principally engaged in the manufacturing, distribution, and retail of jewelry. The company operates in various business segments that include Production of jewelry, Distribution of Jewelry, and Retail Jewelry. The Production of jewelry segment generates maximum revenue for the company. It has its presence in Hongkong, England, Canada, Thailand, and United States of America. The company generates maximum revenue from Thailand.
48GF Score

Get the complete analysis for BKK:PDJ

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

฿1.00
Price
฿1.36
GF Value