Samchai Steel Industries PCL (BKK:SAM-R) Cyclically Adjusted PB Ratio: 0.08 (As of Jul. 03, 2026) — 64% Below Median


BKK:SAM-R Samchai Steel Industries PCL BKK:SAM-R
41 GF Score
Price ฿0.17
GF Value ฿0.78
! 4 Warning Signs
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What is Samchai Steel Industries PCL Cyclically Adjusted PB Ratio?

Samchai Steel Industries PCL BKK:SAM-R 41 Cyclically Adjusted PB Ratio is 0.08 as of Jul. 03, 2026, which is 64% below its 10-year median of 0.22. GuruFocus rates BKK:SAM-R with a GF Score™ of 41/100 and a GF Value™ of ฿0.78. The stock has 4 warning signs investors should review. Among 520 Steel companies, Samchai Steel Industries PCL ranks better than 99.04% on this metric.

As of today (2026-07-03), Samchai Steel Industries PCL's current share price is ฿0.165. Samchai Steel Industries PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 was ฿2.00. Samchai Steel Industries PCL's Cyclically Adjusted PB Ratio for today is 0.08.

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

BKK:SAM-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.22   Max: 0.78
Current: 0.05

During the past years, Samchai Steel Industries PCL's highest Cyclically Adjusted PB Ratio was 0.78. The lowest was 0.05. And the median was 0.22.

BKK:SAM-R's Cyclically Adjusted PB Ratio is ranked better than
99.04% of 520 companies
in the Steel industry
Industry Median: 0.915 vs BKK:SAM-R: 0.05

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.

Samchai Steel Industries PCL's adjusted book value per share data for the three months ended in Sep. 2025 was ฿1.306. 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 ฿2.00 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Samchai Steel Industries PCL  (BKK:SAM-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.


Samchai Steel Industries PCL Cyclically Adjusted PB Ratio Related Terms


Samchai Steel Industries PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Samchai Steel Industries 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.

Samchai Steel Industries PCL Cyclically Adjusted PB Ratio Chart

Samchai Steel Industries PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.54 0.34 0.17 0.10

Samchai Steel Industries PCL Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.06 0.10 0.07 0.08 0.08

BKK:SAM-R vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Samchai Steel Industries 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.


Samchai Steel Industries PCL Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Samchai Steel Industries PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SAM-R
41GF Score
Samchai Steel Industries PCL BKK:SAM-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Samchai Steel Industries 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.

Samchai Steel Industries PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.165/2.00
=0.08

* 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.

Samchai Steel Industries PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Samchai Steel Industries PCL's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=1.306/324.8000*324.8000
=1.306

Current CPI (Sep. 2025) = 324.8000.

Samchai Steel Industries PCL Quarterly Data

Book Value per Share CPI Adj_Book
201512 1.945 236.525 2.671
201603 2.025 238.132 2.762
201606 2.065 241.018 2.783
201609 2.050 241.428 2.758
201612 1.991 241.432 2.679
201703 1.949 243.801 2.597
201706 1.923 244.955 2.550
201709 1.924 246.819 2.532
201712 1.913 246.524 2.520
201803 1.902 249.554 2.475
201806 1.877 251.989 2.419
201809 1.842 252.439 2.370
201812 1.818 251.233 2.350
201903 1.774 254.202 2.267
201906 1.753 256.143 2.223
201909 1.720 256.759 2.176
201912 1.634 256.974 2.065
202003 1.621 258.115 2.040
202006 1.607 257.797 2.025
202009 1.608 260.280 2.007
202012 1.574 260.474 1.963
202103 1.608 264.877 1.972
202106 1.678 271.696 2.006
202109 1.714 274.310 2.029
202112 1.737 278.802 2.024
202203 1.781 287.504 2.012
202206 1.823 296.311 1.998
202209 1.823 296.808 1.995
202212 1.586 296.797 1.736
202303 1.595 301.836 1.716
202306 1.604 305.109 1.708
202309 1.570 307.789 1.657
202312 1.509 306.746 1.598
202403 1.412 312.332 1.468
202406 1.433 314.175 1.481
202409 1.394 315.301 1.436
202412 1.421 315.605 1.462
202503 1.350 319.799 1.371
202506 1.331 322.561 1.340
202509 1.306 324.800 1.306

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 0.08 mean?
Samchai Steel Industries PCL (BKK:SAM-R) has a Cyclically Adjusted PB Ratio of 0.08 as of Jul. 03, 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 Samchai Steel Industries PCL and its competitors. This is 64% below median its historical median of 0.22. Over the past decade, Samchai Steel Industries PCL's Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.78. According to the industry distribution chart, Samchai Steel Industries PCL ranks #5 out of 520 companies in the Steel industry, placing it in the top 1%.
Is Samchai Steel Industries PCL's Cyclically Adjusted PB Ratio too high?
Samchai Steel Industries PCL's current Cyclically Adjusted PB Ratio of 0.08 is 64% below median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.78. The Steel industry median Cyclically Adjusted PB Ratio is 0.92. Samchai Steel Industries PCL's value of 0.08 is 91.3% below this industry median. Based on the distribution chart, Samchai Steel Industries PCL ranks #5 out of 520 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Samchai Steel Industries PCL has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Samchai Steel Industries PCL's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Samchai Steel Industries PCL ranks #5 out of 520 companies for Cyclically Adjusted PB Ratio. This places Samchai Steel Industries PCL in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.92. Samchai Steel Industries PCL's value of 0.08 is 91.3% below this benchmark. Historically, Samchai Steel Industries PCL's own Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.78 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.92, Samchai Steel Industries 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.92, based on 520 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. Samchai Steel Industries PCL's current Cyclically Adjusted PB Ratio of 0.08 is 91.3% 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 Samchai Steel Industries PCL and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samchai Steel Industries PCL's current Cyclically Adjusted PB Ratio is 0.08, which is 64% below median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samchai Steel Industries PCL stock overvalued right now?
Samchai Steel Industries PCL (BKK:SAM-R) has a current Cyclically Adjusted PB Ratio of 0.08. The stock's GF Value™ is ฿0.78, compared to a current price of ฿0.17 — trading 78.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.08, which is 64% below median its 10-year median of 0.22 and 91.3% below the Steel industry median of 0.92. Samchai Steel Industries PCL's overall GF Score™ is 41/100 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 Samchai Steel Industries PCL (BKK:SAM-R), the current Cyclically Adjusted PB Ratio is 0.08 as of Jul. 03, 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 Samchai Steel Industries PCL (BKK:SAM-R) Overvalued in 2026?

Based on GuruFocus' analysis, Samchai Steel Industries PCL stock appears to be undervalued. The current stock price of ฿0.17 is trading 78.8% below its estimated GF Value™ of ฿0.78.

Key valuation signals for BKK:SAM-R:

  • Cyclically Adjusted PB Ratio: 0.08 (64% below median its 10-year median of 0.22)
  • GF Value™: ฿0.78 vs. price of ฿0.17 (78.8% below fair value)
  • GF Score™: 41/100 with 4 warning signs
  • Industry Position: 91.3% below the Steel median (#5 of 520)

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


Samchai Steel Industries PCL Business Description

Other Exchanges SAM:Thailand
Address Ekkachai Road, 75/14, 75/17, 85 Soi Wat Sopanaram, Tumbol Kokkham, Amphur Muang, Samutsakorn, THA, 74000
Samchai Steel Industries PCL is a Thailand-based manufacturer of steel pipes and tubes. The company's products include black steel pipes, galvanized steel pipes, structural steel pipes, furniture pipes, and hot-rolled steel plates and sheets. Its products are mainly used in the construction and furniture industries. Geographically, it operates in both domestic and overseas markets. The company generates a majority of its revenue from the domestic market.
41GF Score

Get the complete analysis for BKK:SAM-R

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

฿0.17
Price
฿0.78
GF Value