Rockworth PCL (BKK:ROCK) Cyclically Adjusted PB Ratio: 0.41 (As of Aug. 05, 2026) — Near Median

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BKK:ROCK Rockworth PCL BKK:ROCK
67 GF Score
Price ฿10.30
GF Value ฿12.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Rockworth PCL Cyclically Adjusted PB Ratio?

Rockworth PCL BKK:ROCK 67 Cyclically Adjusted PB Ratio is 0.41 as of Aug. 05, 2026, which is 5% below its 10-year median of 0.43. GuruFocus rates BKK:ROCK with a GF Score™ of 67/100 and a GF Value™ of ฿12.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 334 Furnishings, Fixtures & Appliances companies, Rockworth PCL ranks better than 79.04% on this metric.

As of today (2026-08-05), Rockworth PCL's current share price is ฿10.30. Rockworth PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿25.13. Rockworth PCL's Cyclically Adjusted PB Ratio for today is 0.41.

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

BKK:ROCK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.43   Max: 0.99
Current: 0.41

During the past years, Rockworth PCL's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.31. And the median was 0.43.

BKK:ROCK's Cyclically Adjusted PB Ratio is ranked better than
79.04% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.195 vs BKK:ROCK: 0.41

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.

Rockworth PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿24.254. 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 ฿25.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rockworth PCL  (BKK:ROCK) 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.


Rockworth PCL Cyclically Adjusted PB Ratio Related Terms


Rockworth PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Rockworth 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.

Rockworth PCL Cyclically Adjusted PB Ratio Chart

Rockworth 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 0.42 0.32 0.32 0.42 0.41

Rockworth 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 0.52 0.39 0.40 0.41 0.41

BKK:ROCK vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Rockworth 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.


Rockworth PCL Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rockworth PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:ROCK
67GF Score
Rockworth PCL BKK:ROCK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rockworth 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.30/25.13
=0.41

* 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.

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

For example, Rockworth 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)
=24.254/330.2130*330.2130
=24.254

Current CPI (Mar. 2026) = 330.2130.

Rockworth PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.425 241.018 30.724
201609 22.625 241.428 30.945
201612 23.160 241.432 31.677
201703 22.367 243.801 30.295
201706 21.509 244.955 28.995
201709 21.304 246.819 28.502
201712 21.063 246.524 28.213
201803 20.766 249.554 27.478
201806 20.172 251.989 26.434
201809 20.523 252.439 26.846
201812 22.977 251.233 30.200
201903 23.349 254.202 30.331
201906 22.016 256.143 28.382
201909 21.969 256.759 28.254
201912 22.857 256.974 29.371
202003 22.689 258.115 29.027
202006 22.392 257.797 28.682
202009 21.657 260.280 27.476
202012 21.237 260.474 26.923
202103 19.889 264.877 24.795
202106 19.210 271.696 23.347
202109 18.177 274.310 21.881
202112 18.956 278.802 22.451
202203 18.690 287.504 21.466
202206 18.159 296.311 20.237
202209 18.335 296.808 20.399
202212 18.354 296.797 20.420
202303 18.370 301.836 20.097
202306 18.538 305.109 20.063
202309 18.486 307.789 19.833
202312 19.383 306.746 20.866
202403 19.494 312.332 20.610
202406 19.066 314.175 20.039
202409 19.540 315.301 20.464
202412 22.308 315.605 23.341
202503 21.925 319.799 22.639
202506 21.575 322.561 22.087
202509 22.001 324.800 22.368
202512 24.319 324.054 24.781
202603 24.254 330.213 24.254

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 0.41 mean?
Rockworth PCL (BKK:ROCK) has a Cyclically Adjusted PB Ratio of 0.41 as of Aug. 05, 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 Rockworth PCL and its competitors. This is near median its historical median of 0.43. Over the past decade, Rockworth PCL's Cyclically Adjusted PB Ratio has ranged from 0.31 to 0.99. According to the industry distribution chart, Rockworth PCL ranks #70 out of 334 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 21%.
Is Rockworth PCL's Cyclically Adjusted PB Ratio too high?
Rockworth PCL's current Cyclically Adjusted PB Ratio of 0.41 is near median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.99. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Rockworth PCL's value of 0.41 is 65.7% below this industry median. Based on the distribution chart, Rockworth PCL ranks #70 out of 334 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Rockworth PCL has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rockworth PCL's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Rockworth PCL ranks #70 out of 334 companies for Cyclically Adjusted PB Ratio. This places Rockworth PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Rockworth PCL's value of 0.41 is 65.7% below this benchmark. Historically, Rockworth PCL's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 0.99 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.20, Rockworth 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 334 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. Rockworth PCL's current Cyclically Adjusted PB Ratio of 0.41 is 65.7% 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 Rockworth PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rockworth PCL's current Cyclically Adjusted PB Ratio is 0.41, which is near median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rockworth PCL stock overvalued right now?
Based on GuruFocus' analysis, Rockworth PCL (BKK:ROCK) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿12.70, compared to a current price of ฿10.30 — trading 18.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is near median its 10-year median of 0.43 and 65.7% below the Furnishings, Fixtures & Appliances industry median of 1.20. Rockworth PCL's overall GF Score™ is 67/100 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 Rockworth PCL (BKK:ROCK), the current Cyclically Adjusted PB Ratio is 0.41 as of Aug. 05, 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 Rockworth PCL (BKK:ROCK) Overvalued in 2026?

Based on GuruFocus' analysis, Rockworth PCL stock appears to be undervalued. The current stock price of ฿10.30 is trading 18.9% below its estimated GF Value™ of ฿12.70. GuruFocus considers Rockworth PCL to be Modestly Undervalued.

Key valuation signals for BKK:ROCK:

  • Cyclically Adjusted PB Ratio: 0.41 (near median its 10-year median of 0.43)
  • GF Value™: ฿12.70 vs. price of ฿10.30 (18.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 65.7% below the Furnishings, Fixtures & Appliances median (#70 of 334)

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


Rockworth PCL Business Description

Address 294-300 Asoke-Dindaeng Road, Huaykwang, Bangkok, THA, 10320
Rockworth PCL acts as a manufacturer, distributor, and marketer of quality office systems furniture. The company offers various products for Agile Working, Education, Smart Office Solutions, Architectural & Acoustic Solutions, Seating, Desk & Tables, Room Element & Space Division, Storage, and Accessories. It has one segment manufacturing and distribution of furniture. The company operates its business in Thailand and Asia. The majority of the its revenue comes from Thailand.
67GF Score

Get the complete analysis for BKK:ROCK

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

฿10.30
Price
฿12.70
GF Value