Rajthanee Hospital PCL (BKK:RJH-R) Cyclically Adjusted PB Ratio: 1.76 (As of Jul. 12, 2026) — Near Median


BKK:RJH-R Rajthanee Hospital PCL BKK:RJH-R
81 GF Score
Price ฿12.21
GF Value ฿22.47
! 8 Warning Signs
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What is Rajthanee Hospital PCL Cyclically Adjusted PB Ratio?

Rajthanee Hospital PCL BKK:RJH-R 81 Cyclically Adjusted PB Ratio is 1.76 as of Jul. 12, 2026, which is 6% below its 10-year median of 1.87. GuruFocus rates BKK:RJH-R with a GF Score™ of 81/100 and a GF Value™ of ฿22.47. The stock has 8 warning signs investors should review. Among 358 Healthcare Providers & Services companies, Rajthanee Hospital PCL ranks worse than 51.96% on this metric.

As of today (2026-07-12), Rajthanee Hospital PCL's current share price is ฿12.21053. Rajthanee Hospital PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿6.93. Rajthanee Hospital PCL's Cyclically Adjusted PB Ratio for today is 1.76.

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

BKK:RJH-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.71   Med: 1.87   Max: 2.11
Current: 1.96

During the past years, Rajthanee Hospital PCL's highest Cyclically Adjusted PB Ratio was 2.11. The lowest was 1.71. And the median was 1.87.

BKK:RJH-R's Cyclically Adjusted PB Ratio is ranked worse than
51.96% of 358 companies
in the Healthcare Providers & Services industry
Industry Median: 1.865 vs BKK:RJH-R: 1.96

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.

Rajthanee Hospital PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿7.697. 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 ฿6.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rajthanee Hospital PCL  (BKK:RJH-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.


Rajthanee Hospital PCL Cyclically Adjusted PB Ratio Related Terms


Rajthanee Hospital PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rajthanee 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.

Rajthanee Hospital PCL Cyclically Adjusted PB Ratio Chart

Rajthanee Hospital 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 1.79

Rajthanee Hospital 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 2.07 1.81 1.97 1.79 1.76

BKK:RJH-R vs HCA, THC, DVA: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Rajthanee 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.


Rajthanee Hospital PCL Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Rajthanee Hospital PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:RJH-R
81GF Score
Rajthanee Hospital PCL BKK:RJH-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Rajthanee 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.21053/6.93
=1.76

* 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.

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

For example, Rajthanee Hospital 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)
=7.697/330.2130*330.2130
=7.697

Current CPI (Mar. 2026) = 330.2130.

Rajthanee Hospital PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 5.077 241.428 6.944
201612 4.967 241.432 6.793
201703 5.165 243.801 6.996
201706 5.112 244.955 6.891
201709 5.152 246.819 6.893
201712 5.303 246.524 7.103
201803 5.522 249.554 7.307
201806 4.173 251.989 5.468
201809 4.123 252.439 5.393
201812 4.352 251.233 5.720
201903 4.940 254.202 6.417
201906 4.701 256.143 6.060
201909 4.400 256.759 5.659
201912 4.653 256.974 5.979
202003 4.929 258.115 6.306
202006 4.645 257.797 5.950
202009 4.646 260.280 5.894
202012 4.987 260.474 6.322
202103 5.343 264.877 6.661
202106 5.152 271.696 6.262
202109 6.367 274.310 7.665
202112 6.532 278.802 7.736
202203 8.220 287.504 9.441
202206 8.913 296.311 9.933
202209 7.377 296.808 8.207
202212 7.492 296.797 8.336
202303 7.831 301.836 8.567
202306 7.268 305.109 7.866
202309 6.937 307.789 7.442
202312 6.832 306.746 7.355
202403 7.043 312.332 7.446
202406 7.172 314.175 7.538
202409 7.409 315.301 7.759
202412 6.949 315.605 7.271
202503 7.015 319.799 7.243
202506 6.998 322.561 7.164
202509 7.101 324.800 7.219
202512 7.384 324.054 7.524
202603 7.697 330.213 7.697

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 1.76 mean?
Rajthanee Hospital PCL (BKK:RJH-R) has a Cyclically Adjusted PB Ratio of 1.76 as of Jul. 12, 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 Rajthanee Hospital PCL and its competitors. This is near median its historical median of 1.87. Over the past decade, Rajthanee Hospital PCL's Cyclically Adjusted PB Ratio has ranged from 1.71 to 2.11. According to the industry distribution chart, Rajthanee Hospital PCL ranks #186 out of 358 companies in the Healthcare Providers & Services industry, placing it in the top 52%.
Is Rajthanee Hospital PCL's Cyclically Adjusted PB Ratio too high?
Rajthanee Hospital PCL's current Cyclically Adjusted PB Ratio of 1.76 is near median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 2.11. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.87. Rajthanee Hospital PCL's value of 1.76 is 5.6% below this industry median. Based on the distribution chart, Rajthanee Hospital PCL ranks #186 out of 358 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Rajthanee Hospital PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Rajthanee Hospital PCL's Cyclically Adjusted PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Rajthanee Hospital PCL ranks #186 out of 358 companies for Cyclically Adjusted PB Ratio. This places Rajthanee Hospital PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.87. Rajthanee Hospital PCL's value of 1.76 is 5.6% below this benchmark. Historically, Rajthanee Hospital PCL's own Cyclically Adjusted PB Ratio has ranged from 1.71 to 2.11 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 1.87, Rajthanee 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 1.87, based on 358 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. Rajthanee Hospital PCL's current Cyclically Adjusted PB Ratio of 1.76 is 5.6% 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 Rajthanee Hospital PCL and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rajthanee Hospital PCL's current Cyclically Adjusted PB Ratio is 1.76, which is near median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajthanee Hospital PCL stock overvalued right now?
Rajthanee Hospital PCL (BKK:RJH-R) has a current Cyclically Adjusted PB Ratio of 1.76. The stock's GF Value™ is ฿22.47, compared to a current price of ฿12.21 — trading 45.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.76, which is near median its 10-year median of 1.87 and 5.6% below the Healthcare Providers & Services industry median of 1.87. Rajthanee Hospital PCL's overall GF Score™ is 81/100 with 8 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 Rajthanee Hospital PCL (BKK:RJH-R), the current Cyclically Adjusted PB Ratio is 1.76 as of Jul. 12, 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 Rajthanee Hospital PCL (BKK:RJH-R) Overvalued in 2026?

Based on GuruFocus' analysis, Rajthanee Hospital PCL stock appears to be undervalued. The current stock price of ฿12.21 is trading 45.7% below its estimated GF Value™ of ฿22.47.

Key valuation signals for BKK:RJH-R:

  • Cyclically Adjusted PB Ratio: 1.76 (near median its 10-year median of 1.87)
  • GF Value™: ฿22.47 vs. price of ฿12.21 (45.7% below fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 5.6% below the Healthcare Providers & Services median (#186 of 358)

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


Rajthanee Hospital PCL Business Description

Other Exchanges RJH:Thailand
Address No. 111 Moo 3, Rojana Road, Khlong Suan Phlu Sub-district, Phra Nakhon Si Ayutthaya District, Phra Nakhon Si Ayutthaya, THA, 13000
Rajthanee Hospital PCL operates mainly in healthcare services. It is principally engaged in providing healthcare as private hospital and hospital under the affiliated of social security. The company operates inpatient medical facilities in the form of general hospitals under the names "Rajathani Hospital" and "Rajathani Rojjana Hospital". It provides healthcare services, including medical service centers and clinics, patient rooms, ambulance services, technology support, and other related facilities and services.
81GF Score

Get the complete analysis for BKK:RJH-R

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

฿12.21
Price
฿22.47
GF Value