Prime Road Power PCL (BKK:PRIME) Cyclically Adjusted PB Ratio: 0.04 (As of Jul. 17, 2026) — 92% Below Median

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What is Prime Road Power PCL Cyclically Adjusted PB Ratio?

Prime Road Power PCL BKK:PRIME -16.67% Cyclically Adjusted PB Ratio is 0.04 as of Jul. 17, 2026, which is 92% below its 10-year median of 0.48. The stock has 5 warning signs investors should review. Among 284 Utilities - Independent Power Producers companies, Prime Road Power PCL ranks better than 98.59% on this metric.

As of today (2026-07-17), Prime Road Power PCL's current share price is ฿0.05. Prime Road Power PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.13. Prime Road Power PCL's Cyclically Adjusted PB Ratio for today is 0.04.

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

BKK:PRIME' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.48   Max: 0.97
Current: 0.04

During the past years, Prime Road Power PCL's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.03. And the median was 0.48.

BKK:PRIME's Cyclically Adjusted PB Ratio is ranked better than
98.59% of 284 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.13 vs BKK:PRIME: 0.04

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.

Prime Road Power PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿0.461. 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 ฿1.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prime Road Power PCL  (BKK:PRIME) 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.


Prime Road Power PCL Cyclically Adjusted PB Ratio Related Terms


Prime Road Power PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Prime Road Power 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.

Prime Road Power PCL Cyclically Adjusted PB Ratio Chart

Prime Road Power 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 0.70 0.54 0.30 0.08 0.05

Prime Road Power 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 0.05 0.06 0.06 0.05 0.05

Prime Road Power PCL Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Prime Road Power 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.


Prime Road Power PCL Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Prime Road Power PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Prime Road Power 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.

Prime Road Power PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.05/1.13
=0.04

* 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.

Prime Road Power PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Prime Road Power 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)
=0.461/330.2130*330.2130
=0.461

Current CPI (Mar. 2026) = 330.2130.

Prime Road Power PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.065 241.018 4.199
201609 2.870 241.428 3.925
201612 2.581 241.432 3.530
201703 2.398 243.801 3.248
201706 2.061 244.955 2.778
201709 1.148 246.819 1.536
201712 0.795 246.524 1.065
201803 0.512 249.554 0.677
201806 0.560 251.989 0.734
201809 0.386 252.439 0.505
201812 3.227 251.233 4.241
201903 0.167 254.202 0.217
201906 0.076 256.143 0.098
201909 0.514 256.759 0.661
201912 0.527 256.974 0.677
202003 0.585 258.115 0.748
202006 0.607 257.797 0.778
202009 0.637 260.280 0.808
202012 0.635 260.474 0.805
202103 0.667 264.877 0.832
202106 0.683 271.696 0.830
202109 0.722 274.310 0.869
202112 0.697 278.802 0.826
202203 0.717 287.504 0.824
202206 0.734 296.311 0.818
202209 0.744 296.808 0.828
202212 0.727 296.797 0.809
202303 0.731 301.836 0.800
202306 0.758 305.109 0.820
202309 0.751 307.789 0.806
202312 0.507 306.746 0.546
202403 0.531 312.332 0.561
202406 0.520 314.175 0.547
202409 0.459 315.301 0.481
202412 0.446 315.605 0.467
202503 0.439 319.799 0.453
202506 0.451 322.561 0.462
202509 0.422 324.800 0.429
202512 0.387 324.054 0.394
202603 0.461 330.213 0.461

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 0.04 mean?
Prime Road Power PCL (BKK:PRIME) has a Cyclically Adjusted PB Ratio of 0.04 as of Jul. 17, 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 Prime Road Power PCL and its competitors. This is 92% below median its historical median of 0.48. Over the past decade, Prime Road Power PCL's Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.97. According to the industry distribution chart, Prime Road Power PCL ranks #4 out of 284 companies in the Utilities - Independent Power Producers industry, placing it in the top 1.4%.
Is Prime Road Power PCL's Cyclically Adjusted PB Ratio too high?
Prime Road Power PCL's current Cyclically Adjusted PB Ratio of 0.04 is 92% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.97. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.13. Prime Road Power PCL's value of 0.04 is 96.5% below this industry median. Based on the distribution chart, Prime Road Power PCL ranks #4 out of 284 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers.
How does Prime Road Power PCL's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Prime Road Power PCL ranks #4 out of 284 companies for Cyclically Adjusted PB Ratio. This places Prime Road Power PCL in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.13. Prime Road Power PCL's value of 0.04 is 96.5% below this benchmark. Historically, Prime Road Power PCL's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.97 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.13, Prime Road Power 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 Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.13, based on 284 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. Prime Road Power PCL's current Cyclically Adjusted PB Ratio of 0.04 is 96.5% 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 Prime Road Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Road Power PCL's current Cyclically Adjusted PB Ratio is 0.04, which is 92% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Road Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Prime Road Power PCL (BKK:PRIME) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.09, compared to a current price of ฿0.05 — trading 44.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.04, which is 92% below median its 10-year median of 0.48 and 96.5% below the Utilities - Independent Power Producers industry median of 1.13. 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 Prime Road Power PCL (BKK:PRIME), the current Cyclically Adjusted PB Ratio is 0.04 as of Jul. 17, 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.

Prime Road Power PCL Business Description

Address Soi Vibhavadi Rangsit 19, Vibhavadi Rangsit Road, 22nd Floor, 1 TP&T Tower, Chatuchak, Bangkok, THA, 10900
Prime Road Power PCL is a renewable energy project developer. It is engaged in the construction of power plants and the generation of electricity from renewable energy for distribution to individuals, corporations, government agencies, and state-owned enterprises, both domestic and overseas. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.