Patkol PCL (BKK:PK-R) Cyclically Adjusted PB Ratio: (As of Aug. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:PK-R Patkol PCL BKK:PK-R
30 GF Score
Price ฿0.50
GF Value ฿0.47
Valuation Fairly Valued
! 3 Warning Signs
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What is Patkol PCL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Patkol PCL  (BKK:PK-R) 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.


Patkol PCL Cyclically Adjusted PB Ratio Related Terms


Patkol PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Patkol 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.

Patkol PCL Cyclically Adjusted PB Ratio Chart

Patkol 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 0.77 0.53 0.27 0.15 0.15

Patkol 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 0.17 0.17 0.15 0.11 0.00

BKK:PK-R vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Patkol 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.


Patkol PCL Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Patkol PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:PK-R
30GF Score
Patkol PCL BKK:PK-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Patkol 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.

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

For example, Patkol 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)
=2.343/333.9520*333.9520
=2.343

Current CPI (Jun. 2026) = 333.9520.

Patkol PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.335 241.428 4.613
201612 3.194 241.432 4.418
201703 3.595 243.801 4.924
201706 3.357 244.955 4.577
201709 3.545 246.819 4.796
201712 3.659 246.524 4.957
201803 3.661 249.554 4.899
201806 3.628 251.989 4.808
201809 3.567 252.439 4.719
201812 3.491 251.233 4.640
201903 3.278 254.202 4.306
201906 3.152 256.143 4.109
201909 2.950 256.759 3.837
201912 3.281 256.974 4.264
202003 3.236 258.115 4.187
202006 3.278 257.797 4.246
202009 3.313 260.280 4.251
202012 3.485 260.474 4.468
202103 3.538 264.877 4.461
202106 2.860 271.696 3.515
202109 2.923 274.310 3.559
202112 3.005 278.802 3.599
202203 2.952 287.504 3.429
202206 2.695 296.311 3.037
202209 2.666 296.808 3.000
202212 2.833 296.797 3.188
202303 2.839 301.836 3.141
202306 2.750 305.109 3.010
202309 2.696 307.789 2.925
202312 2.577 306.746 2.806
202403 2.460 312.332 2.630
202406 2.480 314.175 2.636
202409 2.348 315.301 2.487
202412 2.287 315.605 2.420
202503 2.350 319.799 2.454
202506 2.346 322.561 2.429
202509 2.305 324.800 2.370
202512 2.273 324.054 2.342
202603 2.213 330.213 2.238
202606 2.343 333.952 2.343

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.

Is Patkol PCL (BKK:PK-R) Overvalued in 2026?

Based on GuruFocus' analysis, Patkol PCL stock appears to be overvalued. The current stock price of ฿0.50 is trading 6.1% above its estimated GF Value™ of ฿0.47. GuruFocus considers Patkol PCL to be Fairly Valued.

Key valuation signals for BKK:PK-R:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ฿0.47 vs. price of ฿0.50 (6.1% above fair value)
  • GF Score™: 30/100 with 3 warning signs

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


Patkol PCL Business Description

Other Exchanges PK:Thailand
Address 348 Chalermprakiat Rama 9 Road, Nongbon Subdistrict, Pravate District, Bangkok, THA, 10250
Patkol PCL is a Thailand-based company involved in the diversified business sector. It is engaged in the trading and services of engineering products, which include turnkey sales of services in the design, manufacturing, and installation of various types of industrial refrigeration for the ice-making industry and supermarket, dairy, and ice-cream processing, as well as food-related processing plants and supplies made to order. Its segments include the ice machine and system; the Machine and system for food industry; and Non-Patkol brand, out of which the Ice machine and system segment generates the majority of revenue for the company.
30GF Score

Get the complete analysis for BKK:PK-R

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

฿0.50
Price
฿0.47
GF Value