Pruksa Holding PCL (BKK:PSH) Cyclically Adjusted PB Ratio: 0.17 (As of Aug. 27, 2026) — Near Median

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BKK:PSH Pruksa Holding PCL BKK:PSH
76 GF Score
Price ฿3.94
GF Value ฿4.46
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Pruksa Holding PCL Cyclically Adjusted PB Ratio?

Pruksa Holding PCL BKK:PSH -2.48% 76 Cyclically Adjusted PB Ratio is 0.17 as of Aug. 27, 2026, which is at its 10-year median of 0.17. GuruFocus rates BKK:PSH with a GF Score™ of 76/100 and a GF Value™ of ฿4.46 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,309 Real Estate companies, Pruksa Holding PCL ranks better than 83.19% on this metric.

As of today (2026-08-27), Pruksa Holding PCL's current share price is ฿3.94. Pruksa Holding PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿22.61. Pruksa Holding PCL's Cyclically Adjusted PB Ratio for today is 0.17.

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

BKK:PSH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.17   Max: 0.23
Current: 0.18

During the past years, Pruksa Holding PCL's highest Cyclically Adjusted PB Ratio was 0.23. The lowest was 0.15. And the median was 0.17.

BKK:PSH's Cyclically Adjusted PB Ratio is ranked better than
83.19% of 1309 companies
in the Real Estate industry
Industry Median: 0.67 vs BKK:PSH: 0.18

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.

Pruksa Holding PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿18.029. 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 ฿22.61 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pruksa Holding PCL  (BKK:PSH) 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.


Pruksa Holding PCL Cyclically Adjusted PB Ratio Related Terms


Pruksa Holding PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pruksa Holding 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.

Pruksa Holding PCL Cyclically Adjusted PB Ratio Chart

Pruksa Holding 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 0.00 0.16

Pruksa Holding 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 0.18 0.19 0.16 0.16 0.15

Pruksa Holding PCL Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Pruksa Holding 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.


Pruksa Holding PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


BKK:PSH
76GF Score
Pruksa Holding PCL BKK:PSH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pruksa Holding 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.

Pruksa Holding PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.94/22.61
=0.17

* 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.

Pruksa Holding PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Pruksa Holding 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)
=18.029/333.9520*333.9520
=18.029

Current CPI (Jun. 2026) = 333.9520.

Pruksa Holding PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.629 241.428 21.619
201612 16.200 241.432 22.408
201703 16.513 243.801 22.619
201706 16.521 244.955 22.523
201709 16.540 246.819 22.379
201712 17.334 246.524 23.481
201803 17.725 249.554 23.720
201806 17.721 251.989 23.485
201809 17.887 252.439 23.663
201812 18.808 251.233 25.001
201903 19.575 254.202 25.716
201906 19.032 256.143 24.813
201909 18.847 256.759 24.513
201912 19.669 256.974 25.561
202003 20.094 258.115 25.998
202006 19.308 257.797 25.012
202009 19.280 260.280 24.737
202012 19.665 260.474 25.212
202103 19.948 264.877 25.150
202106 19.494 271.696 23.961
202109 19.343 274.310 23.549
202112 19.792 278.802 23.707
202203 20.041 287.504 23.279
202206 19.569 296.311 22.055
202209 19.569 296.808 22.018
202212 20.087 296.797 22.602
202303 20.399 301.836 22.569
202306 20.224 305.109 22.136
202309 20.049 307.789 21.753
202312 20.155 306.746 21.943
202403 20.182 312.332 21.579
202406 19.626 314.175 20.861
202409 19.583 315.301 20.741
202412 19.095 315.605 20.205
202503 19.077 319.799 19.921
202506 19.004 322.561 19.675
202509 18.737 324.800 19.265
202512 18.091 324.054 18.644
202603 18.134 330.213 18.339
202606 18.029 333.952 18.029

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 0.17 mean?
Pruksa Holding PCL (BKK:PSH) has a Cyclically Adjusted PB Ratio of 0.17 as of Aug. 27, 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 Pruksa Holding PCL and its competitors. This is near median its historical median of 0.17. Over the past decade, Pruksa Holding PCL's Cyclically Adjusted PB Ratio has ranged from 0.15 to 0.23. According to the industry distribution chart, Pruksa Holding PCL ranks #220 out of 1309 companies in the Real Estate industry, placing it in the top 16.8%.
Is Pruksa Holding PCL's Cyclically Adjusted PB Ratio too high?
Pruksa Holding PCL's current Cyclically Adjusted PB Ratio of 0.17 is near median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.23. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.67. Pruksa Holding PCL's value of 0.17 is 74.6% below this industry median. Based on the distribution chart, Pruksa Holding PCL ranks #220 out of 1309 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Pruksa Holding PCL has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pruksa Holding PCL's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Pruksa Holding PCL ranks #220 out of 1309 companies for Cyclically Adjusted PB Ratio. This places Pruksa Holding PCL in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.67. Pruksa Holding PCL's value of 0.17 is 74.6% below this benchmark. Historically, Pruksa Holding PCL's own Cyclically Adjusted PB Ratio has ranged from 0.15 to 0.23 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.67, Pruksa Holding 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 1,309 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. Pruksa Holding PCL's current Cyclically Adjusted PB Ratio of 0.17 is 74.6% 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 Pruksa Holding 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. Pruksa Holding PCL's current Cyclically Adjusted PB Ratio is 0.17, which is near median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pruksa Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, Pruksa Holding PCL (BKK:PSH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿4.46, compared to a current price of ฿3.94 — trading 11.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.17, which is near median its 10-year median of 0.17 and 74.6% below the Real Estate industry median of 0.67. Pruksa Holding PCL's overall GF Score™ is 76/100 with 5 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 Pruksa Holding PCL (BKK:PSH), the current Cyclically Adjusted PB Ratio is 0.17 as of Aug. 27, 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 Pruksa Holding PCL (BKK:PSH) Overvalued in 2026?

Based on GuruFocus' analysis, Pruksa Holding PCL stock appears to be undervalued. The current stock price of ฿3.94 is trading 11.7% below its estimated GF Value™ of ฿4.46. GuruFocus considers Pruksa Holding PCL to be Modestly Undervalued.

Key valuation signals for BKK:PSH:

  • Cyclically Adjusted PB Ratio: 0.17 (near median its 10-year median of 0.17)
  • GF Value™: ฿4.46 vs. price of ฿3.94 (11.7% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 74.6% below the Real Estate median (#220 of 1309)

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


Pruksa Holding PCL Business Description

Address Phaholyothin Road, 1177, Pearl Bangkok Tower, 24th Floor, Kwang Phayathai, Khet Phayathai, Bangkok, THA, 10400
Pruksa Holding PCL is engaged in property development for sale and provision of healthcare services. The company's segments are SBU Townhouse and single house, SBU Condominium, and SBU Hospital. It derives majority of the revenue from SBU Townhouse and single house segment. Geographically the company operates in Thailand including investment in foreign country.
76GF Score

Get the complete analysis for BKK:PSH

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

฿3.94
Price
฿4.46
GF Value