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Praram 9 Hospital PCLBKK:PR9-F 97 Cyclically Adjusted PB Ratio is 0.42 as of Sep. 08, 2026, which is 27% above its 10-year median of 0.33. GuruFocus rates BKK:PR9-F with a GF Score™ of 97/100 and a GF Value™ of ฿22.49. The stock has 1 warning sign investors should review. Among 331 Healthcare Providers & Services companies, Praram 9 Hospital PCL ranks better than 85.8% on this metric.
The historical rank and industry rank for Praram 9 Hospital PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:
BKK:PR9-F'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.33 Max: 0.46
Current: 0.46
During the past years, Praram 9 Hospital PCL's highest Cyclically Adjusted PB Ratio was 0.46. The lowest was 0.31. And the median was 0.33.
BKK:PR9-F's Cyclically Adjusted PB Ratio is ranked better than 85.8% of 331
companies
in the Healthcare Providers & Services industry
Industry Median: 1.85
vs BKK:PR9-F: 0.46
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.
Praram 9 Hospital PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿7.641. 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 ฿45.09 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Praram 9 Hospital PCL (BKK:PR9-F) 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.
Praram 9 Hospital PCL Cyclically Adjusted PB Ratio Related Terms
Praram 9 Hospital PCL Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Praram 9 Hospital 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.
Praram 9 Hospital PCL Cyclically Adjusted PB Ratio Chart
BKK:PR9-F vs HCA, THC, EHC: Cyclically Adjusted PB Ratio Comparison
For the Medical Care Facilities subindustry, Praram 9 Hospital 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.
Praram 9 Hospital PCL Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Praram 9 Hospital PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Praram 9 Hospital PCL's Cyclically Adjusted PB Ratio falls into.
Praram 9 Hospital 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.
* 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.
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 0.42 mean?
Praram 9 Hospital PCL (BKK:PR9-F) has a Cyclically Adjusted PB Ratio of 0.42 as of Sep. 08, 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 Praram 9 Hospital PCL and its competitors. This is 27% above median its historical median of 0.33. Over the past decade, Praram 9 Hospital PCL's Cyclically Adjusted PB Ratio has ranged from 0.31 to 0.46. According to the industry distribution chart, Praram 9 Hospital PCL ranks #47 out of 331 companies in the Healthcare Providers & Services industry, placing it in the top 14.2%.
Is Praram 9 Hospital PCL's Cyclically Adjusted PB Ratio too high?
Praram 9 Hospital PCL's current Cyclically Adjusted PB Ratio of 0.42 is 27% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.46. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.85. Praram 9 Hospital PCL's value of 0.42 is 77.3% below this industry median. Based on the distribution chart, Praram 9 Hospital PCL ranks #47 out of 331 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Praram 9 Hospital PCL has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does Praram 9 Hospital PCL's Cyclically Adjusted PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Praram 9 Hospital PCL ranks #47 out of 331 companies for Cyclically Adjusted PB Ratio. This places Praram 9 Hospital PCL in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.85. Praram 9 Hospital PCL's value of 0.42 is 77.3% below this benchmark. Historically, Praram 9 Hospital PCL's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 0.46 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.85, Praram 9 Hospital 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.85, based on 331 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. Praram 9 Hospital PCL's current Cyclically Adjusted PB Ratio of 0.42 is 77.3% 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 Praram 9 Hospital PCL and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Praram 9 Hospital PCL's current Cyclically Adjusted PB Ratio is 0.42, which is 27% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Praram 9 Hospital PCL stock overvalued right now?
Praram 9 Hospital PCL (BKK:PR9-F) has a current Cyclically Adjusted PB Ratio of 0.42. The stock's GF Value™ is ฿22.49, compared to a current price of ฿18.90 — trading 16% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.42, which is 27% above median its 10-year median of 0.33 and 77.3% below the Healthcare Providers & Services industry median of 1.85. Praram 9 Hospital PCL's overall GF Score™ is 97/100 with 1 warning sign 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 Praram 9 Hospital PCL (BKK:PR9-F), the current Cyclically Adjusted PB Ratio is 0.42 as of Sep. 08, 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 Praram 9 Hospital PCL (BKK:PR9-F) Overvalued in 2026?
Based on GuruFocus' analysis, Praram 9 Hospital PCL stock appears to be undervalued.
The current stock price of ฿18.90 is trading 16% below its estimated GF Value™ of ฿22.49.
Key valuation signals for BKK:PR9-F:
Cyclically Adjusted PB Ratio: 0.42 (27% above median its 10-year median of 0.33)
GF Value™: ฿22.49 vs. price of ฿18.90 (16% below fair value)
Industry Position: 77.3% below the Healthcare Providers & Services median (#47 of 331)
No single metric tells the full story. See the BKK:PR9-F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Praram 9 Hospital PCL is engaged in hospital operations in Bangkok. The company operates an overnight general hospital under the name of Praram 9 Hospital. The revenue derived from hospital operations mainly consists of medical fees, hospital room sales, and medicine sales. Geographically, the company operates only in Thailand.
97GF Score
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