The Platinum Group PCL (BKK:PLAT-R) Cyclically Adjusted PB Ratio: 0.06 (As of Aug. 26, 2026) — 20% Above Median

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BKK:PLAT-R The Platinum Group PCL BKK:PLAT-R
67 GF Score
Price ฿1.38
GF Value ฿2.18
Valuation Possible Value Trap
! 8 Warning Signs
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What is The Platinum Group PCL Cyclically Adjusted PB Ratio?

The Platinum Group PCL BKK:PLAT-R -1.17% 67 Cyclically Adjusted PB Ratio is 0.06 as of Aug. 26, 2026, which is 20% above its 10-year median of 0.05. GuruFocus rates BKK:PLAT-R with a GF Score™ of 67/100 and a GF Value™ of ฿2.18 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,332 Real Estate companies, The Platinum Group PCL ranks better than 94.67% on this metric.

As of today (2026-08-26), The Platinum Group PCL's current share price is ฿1.38117. The Platinum Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿22.49. The Platinum Group PCL's Cyclically Adjusted PB Ratio for today is 0.06.

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-R' 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-R's Cyclically Adjusted PB Ratio is ranked better than
94.67% of 1332 companies
in the Real Estate industry
Industry Median: 0.67 vs BKK:PLAT-R: 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 Jun. 2026 was ฿3.119. 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 ฿22.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Platinum Group PCL  (BKK:PLAT-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.


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
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 0.04 0.04 0.04 0.04 0.05

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

For the Real Estate - Development 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-R
67GF Score
The Platinum Group PCL BKK:PLAT-R
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
=1.38117/22.49
=0.06

* 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 Jun. 2026 is calculated as:

For example, The Platinum Group 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)
=3.119/333.9520*333.9520
=3.119

Current CPI (Jun. 2026) = 333.9520.

The Platinum Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.959 241.428 4.093
201612 3.024 241.432 4.183
201703 3.090 243.801 4.233
201706 2.976 244.955 4.057
201709 3.047 246.819 4.123
201712 3.119 246.524 4.225
201803 3.192 249.554 4.272
201806 3.063 251.989 4.059
201809 3.129 252.439 4.139
201812 3.200 251.233 4.254
201903 3.272 254.202 4.299
201906 3.136 256.143 4.089
201909 3.192 256.759 4.152
201912 3.256 256.974 4.231
202003 740.578 258.115 958.168
202006 3.045 257.797 3.945
202009 3.009 260.280 3.861
202012 2.967 260.474 3.804
202103 2.919 264.877 3.680
202106 2.871 271.696 3.529
202109 2.816 274.310 3.428
202112 2.787 278.802 3.338
202203 2.739 287.504 3.182
202206 2.710 296.311 3.054
202209 2.665 296.808 2.999
202212 2.663 296.797 2.996
202303 2.666 301.836 2.950
202306 2.677 305.109 2.930
202309 2.703 307.789 2.933
202312 2.726 306.746 2.968
202403 2.750 312.332 2.940
202406 2.776 314.175 2.951
202409 2.820 315.301 2.987
202412 2.876 315.605 3.043
202503 2.927 319.799 3.057
202506 2.956 322.561 3.060
202509 2.990 324.800 3.074
202512 3.029 324.054 3.122
202603 3.081 330.213 3.116
202606 3.119 333.952 3.119

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 0.06 mean?
The Platinum Group PCL (BKK:PLAT-R) has a Cyclically Adjusted PB Ratio of 0.06 as of Aug. 26, 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 20% above 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 1332 companies in the Real Estate industry, placing it in the top 5.3%.
Is The Platinum Group PCL's Cyclically Adjusted PB Ratio too high?
The Platinum Group PCL's current Cyclically Adjusted PB Ratio of 0.06 is 20% above 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 0.67. The Platinum Group PCL's value of 0.06 is 91% below this industry median. Based on the distribution chart, The Platinum Group PCL ranks #71 out of 1332 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 67/100 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 1332 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 0.67. The Platinum Group PCL's value of 0.06 is 91% 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 0.67, 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 0.67, based on 1,332 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 0.06 is 91% 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 0.67 — 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 0.06, which is 20% above 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-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.18, compared to a current price of ฿1.38 — trading 36.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.06, which is 20% above median its 10-year median of 0.05 and 91% below the Real Estate industry median of 0.67. The Platinum Group PCL's overall GF Score™ is 67/100 with 8 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-R), the current Cyclically Adjusted PB Ratio is 0.06 as of Aug. 26, 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-R) Overvalued in 2026?

Based on GuruFocus' analysis, The Platinum Group PCL stock appears to be undervalued. The current stock price of ฿1.38 is trading 36.6% below its estimated GF Value™ of ฿2.18. GuruFocus considers The Platinum Group PCL to be Possible Value Trap.

Key valuation signals for BKK:PLAT-R:

  • Cyclically Adjusted PB Ratio: 0.06 (20% above median its 10-year median of 0.05)
  • GF Value™: ฿2.18 vs. price of ฿1.38 (36.6% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 91% below the Real Estate median (#71 of 1332)

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


The Platinum Group PCL Business Description

Other Exchanges PLAT:Thailand
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.
67GF Score

Get the complete analysis for BKK:PLAT-R

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

฿1.38
Price
฿2.18
GF Value