PM Thoresen Asia Holdings PCL (BKK:PMTA-R) Cyclically Adjusted PB Ratio: 0.55 (As of Jul. 29, 2026) — 10% Above Median

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BKK:PMTA-R PM Thoresen Asia Holdings PCL BKK:PMTA-R
66 GF Score
Price ฿10.30
GF Value ฿9.00
! 3 Warning Signs
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What is PM Thoresen Asia Holdings PCL Cyclically Adjusted PB Ratio?

PM Thoresen Asia Holdings PCL BKK:PMTA-R 66 Cyclically Adjusted PB Ratio is 0.55 as of Jul. 29, 2026, which is 10% above its 10-year median of 0.50. GuruFocus rates BKK:PMTA-R with a GF Score™ of 66/100 and a GF Value™ of ฿9.00. The stock has 3 warning signs investors should review. Among 199 Agriculture companies, PM Thoresen Asia Holdings PCL ranks better than 87.44% on this metric.

As of today (2026-07-29), PM Thoresen Asia Holdings PCL's current share price is ฿10.30. PM Thoresen Asia Holdings PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿18.72. PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio for today is 0.55.

The historical rank and industry rank for PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:PMTA-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.5   Max: 0.58
Current: 0.51

During the past years, PM Thoresen Asia Holdings PCL's highest Cyclically Adjusted PB Ratio was 0.58. The lowest was 0.41. And the median was 0.50.

BKK:PMTA-R's Cyclically Adjusted PB Ratio is ranked better than
87.44% of 199 companies
in the Agriculture industry
Industry Median: 1.33 vs BKK:PMTA-R: 0.51

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.

PM Thoresen Asia Holdings PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿16.306. 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 ฿18.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PM Thoresen Asia Holdings PCL  (BKK:PMTA-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.


PM Thoresen Asia Holdings PCL Cyclically Adjusted PB Ratio Related Terms


PM Thoresen Asia Holdings PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PM Thoresen Asia Holdings 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.

PM Thoresen Asia Holdings PCL Cyclically Adjusted PB Ratio Chart

PM Thoresen Asia Holdings 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 0.00 0.48 0.55

PM Thoresen Asia Holdings 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 0.42 0.49 0.54 0.55 0.55

BKK:PMTA-R vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, PM Thoresen Asia Holdings 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.


PM Thoresen Asia Holdings PCL Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio falls into.


BKK:PMTA-R
66GF Score
PM Thoresen Asia Holdings PCL BKK:PMTA-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PM Thoresen Asia Holdings 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.

PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.30/18.72
=0.55

* 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.

PM Thoresen Asia Holdings PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PM Thoresen Asia Holdings 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)
=16.306/330.2130*330.2130
=16.306

Current CPI (Mar. 2026) = 330.2130.

PM Thoresen Asia Holdings PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.901 241.018 20.416
201609 15.614 241.428 21.356
201612 16.686 241.432 22.822
201703 15.840 243.801 21.454
201706 15.374 244.955 20.725
201709 15.946 246.819 21.334
201712 15.482 246.524 20.738
201803 15.360 249.554 20.325
201806 15.313 251.989 20.067
201809 14.776 252.439 19.328
201812 14.927 251.233 19.620
201903 14.472 254.202 18.799
201906 13.558 256.143 17.479
201909 13.645 256.759 17.549
201912 14.024 256.974 18.021
202003 14.920 258.115 19.088
202006 14.059 257.797 18.008
202009 14.618 260.280 18.546
202012 14.391 260.474 18.244
202103 15.074 264.877 18.792
202106 14.988 271.696 18.216
202109 16.139 274.310 19.428
202112 16.519 278.802 19.565
202203 16.458 287.504 18.903
202206 16.640 296.311 18.544
202209 17.820 296.808 19.826
202212 16.752 296.797 18.638
202303 16.243 301.836 17.770
202306 16.530 305.109 17.890
202309 16.767 307.789 17.989
202312 16.385 306.746 17.639
202403 17.161 312.332 18.143
202406 17.042 314.175 17.912
202409 15.903 315.301 16.655
202412 16.688 315.605 17.460
202503 16.848 319.799 17.397
202506 15.578 322.561 15.948
202509 15.559 324.800 15.818
202512 15.659 324.054 15.957
202603 16.306 330.213 16.306

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 0.55 mean?
PM Thoresen Asia Holdings PCL (BKK:PMTA-R) has a Cyclically Adjusted PB Ratio of 0.55 as of Jul. 29, 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 PM Thoresen Asia Holdings PCL and its competitors. This is 10% above median its historical median of 0.50. Over the past decade, PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio has ranged from 0.41 to 0.58. According to the industry distribution chart, PM Thoresen Asia Holdings PCL ranks #25 out of 199 companies in the Agriculture industry, placing it in the top 12.6%.
Is PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio too high?
PM Thoresen Asia Holdings PCL's current Cyclically Adjusted PB Ratio of 0.55 is 10% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.58. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.33. PM Thoresen Asia Holdings PCL's value of 0.55 is 58.6% below this industry median. Based on the distribution chart, PM Thoresen Asia Holdings PCL ranks #25 out of 199 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, PM Thoresen Asia Holdings PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does PM Thoresen Asia Holdings PCL's Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, PM Thoresen Asia Holdings PCL ranks #25 out of 199 companies for Cyclically Adjusted PB Ratio. This places PM Thoresen Asia Holdings PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.33. PM Thoresen Asia Holdings PCL's value of 0.55 is 58.6% below this benchmark. Historically, PM Thoresen Asia Holdings PCL's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 0.58 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.33, PM Thoresen Asia Holdings 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.33, based on 199 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. PM Thoresen Asia Holdings PCL's current Cyclically Adjusted PB Ratio of 0.55 is 58.6% 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 PM Thoresen Asia Holdings PCL and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PM Thoresen Asia Holdings PCL's current Cyclically Adjusted PB Ratio is 0.55, which is 10% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PM Thoresen Asia Holdings PCL stock overvalued right now?
PM Thoresen Asia Holdings PCL (BKK:PMTA-R) has a current Cyclically Adjusted PB Ratio of 0.55. The stock's GF Value™ is ฿9.00, compared to a current price of ฿10.30 — trading 14.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 10% above median its 10-year median of 0.50 and 58.6% below the Agriculture industry median of 1.33. PM Thoresen Asia Holdings PCL's overall GF Score™ is 66/100 with 3 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 PM Thoresen Asia Holdings PCL (BKK:PMTA-R), the current Cyclically Adjusted PB Ratio is 0.55 as of Jul. 29, 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 PM Thoresen Asia Holdings PCL (BKK:PMTA-R) Overvalued in 2026?

Based on GuruFocus' analysis, PM Thoresen Asia Holdings PCL stock appears to be overvalued. The current stock price of ฿10.30 is trading 14.4% above its estimated GF Value™ of ฿9.00.

Key valuation signals for BKK:PMTA-R:

  • Cyclically Adjusted PB Ratio: 0.55 (10% above median its 10-year median of 0.50)
  • GF Value™: ฿9.00 vs. price of ฿10.30 (14.4% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 58.6% below the Agriculture median (#25 of 199)

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


PM Thoresen Asia Holdings PCL Business Description

Other Exchanges PMTA:Thailand
Address Soi Chidlom, Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Lumpinee, Pathumwan, Bangkok, THA, 10330
PM Thoresen Asia Holdings PCL along with its subsidiaries is engaged in the manufacturing of nitrogen-phosphorus-potassium (NPK) synthesized chemical and micro-element fertilizers, distribution of new seeds and agricultural materials, as well as manufacture, import, and export of plant protection chemicals and macronutrient products. It has two products segments: Manufacture of Fertilizer and crop care products and Factory area management services. The company earns majority of its revenue through the manufacture of fertilizer and crop care products. It has a business presence in Vietnam and other countries.
66GF Score

Get the complete analysis for BKK:PMTA-R

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

฿10.30
Price
฿9.00
GF Value