The Platinum Group PCL (BKK:PLAT) Cyclically Adjusted PB Ratio: 0.05 (As of Jul. 23, 2026) — Near Median

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BKK:PLAT The Platinum Group PCL BKK:PLAT
70 GF Score
Price ฿1.32
GF Value ฿2.70
Valuation Possible Value Trap
! 10 Warning Signs
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What is The Platinum Group PCL Cyclically Adjusted PB Ratio?

The Platinum Group PCL BKK:PLAT -0.75% 70 Cyclically Adjusted PB Ratio is 0.05 as of Jul. 23, 2026, which is at its 10-year median of 0.05. GuruFocus rates BKK:PLAT with a GF Score™ of 70/100 and a GF Value™ of ฿2.70 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,433 Real Estate companies, The Platinum Group PCL ranks better than 95.05% on this metric.

As of today (2026-07-23), The Platinum Group PCL's current share price is ฿1.32. The Platinum Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿27.13. The Platinum Group PCL's Cyclically Adjusted PB Ratio for today is 0.05.

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

BKK:PLAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.11
Current: 0.05

During the past years, The Platinum Group PCL's highest Cyclically Adjusted PB Ratio was 0.11. The lowest was 0.04. And the median was 0.05.

BKK:PLAT's Cyclically Adjusted PB Ratio is ranked better than
95.05% of 1433 companies
in the Real Estate industry
Industry Median: 0.7 vs BKK:PLAT: 0.05

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.

The Platinum Group PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿3.081. 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 ฿27.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Platinum Group PCL  (BKK:PLAT) 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.


The Platinum Group PCL Cyclically Adjusted PB Ratio Related Terms


The Platinum Group PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Platinum Group 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.

The Platinum Group PCL Cyclically Adjusted PB Ratio Chart

The Platinum Group 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 0.11 0.09 0.04

The Platinum Group 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 0.06 0.04 0.04 0.04 0.04

BKK:PLAT vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, The Platinum Group 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.


The Platinum Group PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


BKK:PLAT
70GF Score
The Platinum Group PCL BKK:PLAT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Platinum Group 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.

The Platinum Group PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.32/27.13
=0.05

* 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.

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

For example, The Platinum Group 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)
=3.081/330.2130*330.2130
=3.081

Current CPI (Mar. 2026) = 330.2130.

The Platinum Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.895 241.018 3.966
201609 2.959 241.428 4.047
201612 3.024 241.432 4.136
201703 3.090 243.801 4.185
201706 2.976 244.955 4.012
201709 3.047 246.819 4.077
201712 3.119 246.524 4.178
201803 3.192 249.554 4.224
201806 3.063 251.989 4.014
201809 3.129 252.439 4.093
201812 3.200 251.233 4.206
201903 3.272 254.202 4.250
201906 3.136 256.143 4.043
201909 3.192 256.759 4.105
201912 3.256 256.974 4.184
202003 740.578 258.115 947.440
202006 3.045 257.797 3.900
202009 3.009 260.280 3.817
202012 2.967 260.474 3.761
202103 2.919 264.877 3.639
202106 2.871 271.696 3.489
202109 2.816 274.310 3.390
202112 2.787 278.802 3.301
202203 2.739 287.504 3.146
202206 2.710 296.311 3.020
202209 2.665 296.808 2.965
202212 2.663 296.797 2.963
202303 2.666 301.836 2.917
202306 2.677 305.109 2.897
202309 2.703 307.789 2.900
202312 2.726 306.746 2.935
202403 2.750 312.332 2.907
202406 2.776 314.175 2.918
202409 2.820 315.301 2.953
202412 2.876 315.605 3.009
202503 2.927 319.799 3.022
202506 2.956 322.561 3.026
202509 2.990 324.800 3.040
202512 3.029 324.054 3.087
202603 3.081 330.213 3.081

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 0.05 mean?
The Platinum Group PCL (BKK:PLAT) has a Cyclically Adjusted PB Ratio of 0.05 as of Jul. 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 The Platinum Group PCL and its competitors. This is near median its historical median of 0.05. Over the past decade, The Platinum Group PCL's Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.11. According to the industry distribution chart, The Platinum Group PCL ranks #71 out of 1433 companies in the Real Estate industry, placing it in the top 5%.
Is The Platinum Group PCL's Cyclically Adjusted PB Ratio too high?
The Platinum Group PCL's current Cyclically Adjusted PB Ratio of 0.05 is near median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.11. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. The Platinum Group PCL's value of 0.05 is 92.9% below this industry median. Based on the distribution chart, The Platinum Group PCL ranks #71 out of 1433 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, The Platinum Group PCL has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Platinum Group PCL's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, The Platinum Group PCL ranks #71 out of 1433 companies for Cyclically Adjusted PB Ratio. This places The Platinum Group PCL in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.70. The Platinum Group PCL's value of 0.05 is 92.9% below this benchmark. Historically, The Platinum Group PCL's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.11 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.70, The Platinum Group 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 0.70, based on 1,433 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. The Platinum Group PCL's current Cyclically Adjusted PB Ratio of 0.05 is 92.9% 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 The Platinum Group PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Platinum Group PCL's current Cyclically Adjusted PB Ratio is 0.05, which is near median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Platinum Group PCL stock overvalued right now?
Based on GuruFocus' analysis, The Platinum Group PCL (BKK:PLAT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.70, compared to a current price of ฿1.32 — trading 51.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.05, which is near median its 10-year median of 0.05 and 92.9% below the Real Estate industry median of 0.70. The Platinum Group PCL's overall GF Score™ is 70/100 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 The Platinum Group PCL (BKK:PLAT), the current Cyclically Adjusted PB Ratio is 0.05 as of Jul. 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 The Platinum Group PCL (BKK:PLAT) Overvalued in 2026?

Based on GuruFocus' analysis, The Platinum Group PCL stock appears to be undervalued. The current stock price of ฿1.32 is trading 51.1% below its estimated GF Value™ of ฿2.70. GuruFocus considers The Platinum Group PCL to be Possible Value Trap.

Key valuation signals for BKK:PLAT:

  • Cyclically Adjusted PB Ratio: 0.05 (near median its 10-year median of 0.05)
  • GF Value™: ฿2.70 vs. price of ฿1.32 (51.1% below fair value)
  • GF Score™: 70/100 with 10 warning signs
  • Industry Position: 92.9% below the Real Estate median (#71 of 1433)

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


The Platinum Group PCL Business Description

Address Ratchadamri Road, 21st Floor, 111 Pier 111 (M2) Building, Lumphini, Pathumwan, Bangkok, THA, 10330
The Platinum Group PCL is engaged in the provision of property rental, hotel, and food center operations in Thailand. Its business includes the Platinum Fashion Mall, The Market Bangkok, PIER 111, Novotel Bangkok Platinum Pratunam, Moxy Bangkok Ratchaprasong, and Holiday Inn Resort Samui Bophut Beach. The company and its subsidiaries are organized into business units based on its products and services and have three reportable segments, which are the Development and rental of retail space in shopping center and office spaces segment; Hotel operations segment; and Food and beverages centers segment. The company generates the majority of its revenue from the Hotel operations segment.
70GF Score

Get the complete analysis for BKK:PLAT

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

฿1.32
Price
฿2.70
GF Value