Property Perfect PCL (BKK:PF) Cyclically Adjusted PB Ratio: 0.03 (As of Aug. 03, 2026) — 89% Below Median

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What is Property Perfect PCL Cyclically Adjusted PB Ratio?

Property Perfect PCL BKK:PF Cyclically Adjusted PB Ratio is 0.03 as of Aug. 03, 2026, which is 89% below its 10-year median of 0.27. The stock has 3 warning signs investors should review. Among 1,414 Real Estate companies, Property Perfect PCL ranks better than 96.89% on this metric.

As of today (2026-08-03), Property Perfect PCL's current share price is ฿0.05. Property Perfect PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.47. Property Perfect PCL's Cyclically Adjusted PB Ratio for today is 0.03.

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

BKK:PF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.27   Max: 0.74
Current: 0.03

During the past years, Property Perfect PCL's highest Cyclically Adjusted PB Ratio was 0.74. The lowest was 0.02. And the median was 0.27.

BKK:PF's Cyclically Adjusted PB Ratio is ranked better than
96.89% of 1414 companies
in the Real Estate industry
Industry Median: 0.69 vs BKK:PF: 0.03

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.

Property Perfect PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿0.796. 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 ฿1.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Property Perfect PCL  (BKK:PF) 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.


Property Perfect PCL Cyclically Adjusted PB Ratio Related Terms


Property Perfect PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Property Perfect 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.

Property Perfect PCL Cyclically Adjusted PB Ratio Chart

Property Perfect 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 0.35 0.27 0.20 0.09 0.04

Property Perfect 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 0.07 0.07 0.05 0.04 0.03

Property Perfect PCL Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Property Perfect 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.


Property Perfect PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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



Property Perfect 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.05/1.47
=0.03

* 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.

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

For example, Property Perfect 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)
=0.796/330.2130*330.2130
=0.796

Current CPI (Mar. 2026) = 330.2130.

Property Perfect PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.265 241.018 1.733
201609 1.274 241.428 1.743
201612 1.298 241.432 1.775
201703 1.212 243.801 1.642
201706 1.215 244.955 1.638
201709 1.226 246.819 1.640
201712 1.265 246.524 1.694
201803 1.260 249.554 1.667
201806 1.237 251.989 1.621
201809 1.271 252.439 1.663
201812 1.287 251.233 1.692
201903 1.347 254.202 1.750
201906 1.334 256.143 1.720
201909 1.364 256.759 1.754
201912 1.328 256.974 1.706
202003 1.329 258.115 1.700
202006 1.295 257.797 1.659
202009 1.265 260.280 1.605
202012 1.201 260.474 1.523
202103 1.186 264.877 1.479
202106 1.145 271.696 1.392
202109 1.184 274.310 1.425
202112 1.230 278.802 1.457
202203 1.317 287.504 1.513
202206 1.293 296.311 1.441
202209 1.287 296.808 1.432
202212 1.352 296.797 1.504
202303 1.294 301.836 1.416
202306 1.260 305.109 1.364
202309 1.245 307.789 1.336
202312 1.257 306.746 1.353
202403 1.250 312.332 1.322
202406 1.215 314.175 1.277
202409 1.152 315.301 1.206
202412 1.125 315.605 1.177
202503 1.098 319.799 1.134
202506 1.032 322.561 1.056
202509 0.975 324.800 0.991
202512 0.845 324.054 0.861
202603 0.796 330.213 0.796

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 0.03 mean?
Property Perfect PCL (BKK:PF) has a Cyclically Adjusted PB Ratio of 0.03 as of Aug. 03, 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 Property Perfect PCL and its competitors. This is 89% below median its historical median of 0.27. Over the past decade, Property Perfect PCL's Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.74. According to the industry distribution chart, Property Perfect PCL ranks #44 out of 1414 companies in the Real Estate industry, placing it in the top 3.1%.
Is Property Perfect PCL's Cyclically Adjusted PB Ratio too high?
Property Perfect PCL's current Cyclically Adjusted PB Ratio of 0.03 is 89% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.74. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Property Perfect PCL's value of 0.03 is 95.7% below this industry median. Based on the distribution chart, Property Perfect PCL ranks #44 out of 1414 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Property Perfect PCL's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Property Perfect PCL ranks #44 out of 1414 companies for Cyclically Adjusted PB Ratio. This places Property Perfect PCL in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. Property Perfect PCL's value of 0.03 is 95.7% below this benchmark. Historically, Property Perfect PCL's own Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.74 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.69, Property Perfect 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 1,414 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. Property Perfect PCL's current Cyclically Adjusted PB Ratio of 0.03 is 95.7% 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 Property Perfect 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. Property Perfect PCL's current Cyclically Adjusted PB Ratio is 0.03, which is 89% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property Perfect PCL stock overvalued right now?
Based on GuruFocus' analysis, Property Perfect PCL (BKK:PF) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.06, compared to a current price of ฿0.05 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.03, which is 89% below median its 10-year median of 0.27 and 95.7% below the Real Estate industry median of 0.69. 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 Property Perfect PCL (BKK:PF), the current Cyclically Adjusted PB Ratio is 0.03 as of Aug. 03, 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.

Property Perfect PCL Business Description

Address Rama 9 Road, 17th Floor, No. 100/1 Vorasombat Building, Huai Khwang District, Bangkok, THA, 10320
Property Perfect PCL operates in the real estate sector, focusing on developing properties. Its property development portfolio predominantly comprises single detached houses, duplex house, townhouses and condominiums. Additionally, the Group is focused on the development of commercial properties for renting; and hotels with four-five stars, in key locations across Thailand, which are managed by professional and international hotel chains. Its reportable segments are: Property development costs for sale, which generates the maximum revenue, Hotel, and Other. Geographically, the Group operates mainly in Thailand.