Pylon PCL (BKK:PYLON-R) Cyclically Adjusted PB Ratio: 6.05 (As of Aug. 26, 2026) — 86% Above Median

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BKK:PYLON-R Pylon PCL BKK:PYLON-R
28 GF Score
Price ฿4.96
GF Value ฿4.37
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Pylon PCL Cyclically Adjusted PB Ratio?

Pylon PCL BKK:PYLON-R 28 Cyclically Adjusted PB Ratio is 6.05 as of Aug. 26, 2026, which is 86% above its 10-year median of 3.26. GuruFocus rates BKK:PYLON-R with a GF Score™ of 28/100 and a GF Value™ of ฿4.37 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,258 Construction companies, Pylon PCL ranks worse than 75.12% on this metric.

As of today (2026-08-26), Pylon PCL's current share price is ฿4.96. Pylon PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿0.82. Pylon PCL's Cyclically Adjusted PB Ratio for today is 6.05.

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

BKK:PYLON-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 3.26   Max: 10.11
Current: 2.58

During the past years, Pylon PCL's highest Cyclically Adjusted PB Ratio was 10.11. The lowest was 1.16. And the median was 3.26.

BKK:PYLON-R's Cyclically Adjusted PB Ratio is ranked worse than
75.12% of 1258 companies
in the Construction industry
Industry Median: 1.14 vs BKK:PYLON-R: 2.58

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.

Pylon PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿1.469. 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 ฿0.82 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pylon PCL  (BKK:PYLON-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.


Pylon PCL Cyclically Adjusted PB Ratio Related Terms


Pylon PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pylon 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.

Pylon PCL Cyclically Adjusted PB Ratio Chart

Pylon 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 3.91 3.13 1.71 1.27 1.75

Pylon 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 1.32 1.50 1.75 1.97 2.34

BKK:PYLON-R vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Pylon 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.


Pylon PCL Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Pylon PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:PYLON-R
28GF Score
Pylon PCL BKK:PYLON-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pylon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.96/0.82
=6.05

* 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.

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

For example, Pylon 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)
=1.469/333.9520*333.9520
=1.469

Current CPI (Jun. 2026) = 333.9520.

Pylon PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.984 241.428 1.361
201612 1.055 241.432 1.459
201703 1.125 243.801 1.541
201706 1.047 244.955 1.427
201709 0.978 246.819 1.323
201712 1.010 246.524 1.368
201803 1.105 249.554 1.479
201806 1.122 251.989 1.487
201809 1.075 252.439 1.422
201812 1.156 251.233 1.537
201903 1.263 254.202 1.659
201906 1.223 256.143 1.595
201909 1.303 256.759 1.695
201912 1.423 256.974 1.849
202003 1.562 258.115 2.021
202006 1.343 257.797 1.740
202009 1.360 260.280 1.745
202012 1.396 260.474 1.790
202103 1.424 264.877 1.795
202106 1.285 271.696 1.579
202109 1.286 274.310 1.566
202112 1.304 278.802 1.562
202203 1.332 287.504 1.547
202206 1.344 296.311 1.515
202209 1.399 296.808 1.574
202212 1.403 296.797 1.579
202303 1.485 301.836 1.643
202306 1.350 305.109 1.478
202309 1.355 307.789 1.470
202312 1.395 306.746 1.519
202403 1.397 312.332 1.494
202406 1.248 314.175 1.327
202409 1.266 315.301 1.341
202412 1.257 315.605 1.330
202503 1.282 319.799 1.339
202506 1.320 322.561 1.367
202509 1.403 324.800 1.443
202512 1.499 324.054 1.545
202603 1.602 330.213 1.620
202606 1.469 333.952 1.469

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 6.05 mean?
Pylon PCL (BKK:PYLON-R) has a Cyclically Adjusted PB Ratio of 6.05 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 Pylon PCL and its competitors. This is 86% above median its historical median of 3.26. Over the past decade, Pylon PCL's Cyclically Adjusted PB Ratio has ranged from 1.16 to 10.11. According to the industry distribution chart, Pylon PCL ranks #945 out of 1258 companies in the Construction industry, placing it in the top 75.1%.
Is Pylon PCL's Cyclically Adjusted PB Ratio too high?
Pylon PCL's current Cyclically Adjusted PB Ratio of 6.05 is 86% above median its 10-year median of 3.26. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 10.11. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Pylon PCL's value of 6.05 is 430.7% above this industry median. Based on the distribution chart, Pylon PCL ranks #945 out of 1258 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Pylon PCL has a GF Score™ of 28/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pylon PCL's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Pylon PCL ranks #945 out of 1258 companies for Cyclically Adjusted PB Ratio. This places Pylon PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Pylon PCL's value of 6.05 is 430.7% above this benchmark. Historically, Pylon PCL's own Cyclically Adjusted PB Ratio has ranged from 1.16 to 10.11 over the past decade. While the company's 10-year median is 3.26 vs. the industry median of 1.14, Pylon PCL has consistently been above 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,258 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. Pylon PCL's current Cyclically Adjusted PB Ratio of 6.05 is 430.7% above 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 Pylon PCL and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pylon PCL's current Cyclically Adjusted PB Ratio is 6.05, which is 86% above median its own 10-year median of 3.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pylon PCL stock overvalued right now?
Based on GuruFocus' analysis, Pylon PCL (BKK:PYLON-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.37, compared to a current price of ฿4.96 — trading 13.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.05, which is 86% above median its 10-year median of 3.26 and 430.7% above the Construction industry median of 1.14. Pylon PCL's overall GF Score™ is 28/100 with 4 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 Pylon PCL (BKK:PYLON-R), the current Cyclically Adjusted PB Ratio is 6.05 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 Pylon PCL (BKK:PYLON-R) Overvalued in 2026?

Based on GuruFocus' analysis, Pylon PCL stock appears to be overvalued. The current stock price of ฿4.96 is trading 13.5% above its estimated GF Value™ of ฿4.37. GuruFocus considers Pylon PCL to be Modestly Overvalued.

Key valuation signals for BKK:PYLON-R:

  • Cyclically Adjusted PB Ratio: 6.05 (86% above median its 10-year median of 3.26)
  • GF Value™: ฿4.37 vs. price of ฿4.96 (13.5% above fair value)
  • GF Score™: 28/100 with 4 warning signs
  • Industry Position: 430.7% above the Construction median (#945 of 1258)

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


Pylon PCL Business Description

Other Exchanges PYLON:Thailand
Address Phahonyothin Road, 252 SPE Tower Building, 14th Floor, Sam Sen Nai Subdistrict, Phaya Thai District, Bangkok, THA, 10400
Pylon PCL is involved in the general construction business. The company is engaged in the provision of construction services for foundation work. Its services include bored piles, jet grouting, and diaphragm walls. Geographically, the firm operates in Thailand.
28GF Score

Get the complete analysis for BKK:PYLON-R

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

฿4.96
Price
฿4.37
GF Value