Samart PCL (BKK:SAMART) Cyclically Adjusted PB Ratio: 1.13 (As of Jul. 10, 2026) — Near Median


BKK:SAMART Samart Corp PCL BKK:SAMART
79 GF Score
Price ฿5.70
GF Value ฿6.90
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Samart PCL Cyclically Adjusted PB Ratio?

Samart PCL BKK:SAMART 79 Cyclically Adjusted PB Ratio is 1.13 as of Jul. 10, 2026, which is 3% below its 10-year median of 1.17. GuruFocus rates BKK:SAMART with a GF Score™ of 79/100 and a GF Value™ of ฿6.90 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,595 Software companies, Samart PCL ranks better than 72.35% on this metric.

As of today (2026-07-10), Samart PCL's current share price is ฿5.70. Samart PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿5.05. Samart PCL's Cyclically Adjusted PB Ratio for today is 1.13.

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

BKK:SAMART' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.17   Max: 2.38
Current: 1.1

During the past years, Samart PCL's highest Cyclically Adjusted PB Ratio was 2.38. The lowest was 0.70. And the median was 1.17.

BKK:SAMART's Cyclically Adjusted PB Ratio is ranked better than
72.35% of 1595 companies
in the Software industry
Industry Median: 2.33 vs BKK:SAMART: 1.10

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.

Samart PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿5.524. 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 ฿5.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Samart PCL  (BKK:SAMART) 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.


Samart PCL Cyclically Adjusted PB Ratio Related Terms


Samart PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Samart 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.

Samart PCL Cyclically Adjusted PB Ratio Chart

Samart 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 1.10 0.99 0.82 1.29 1.09

Samart 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 1.33 1.21 1.18 1.09 1.08

BKK:SAMART vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Samart 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.


Samart PCL Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Samart PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SAMART
79GF Score
Samart Corp PCL BKK:SAMART
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Samart 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.70/5.05
=1.13

* 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.

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

For example, Samart 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)
=5.524/330.2130*330.2130
=5.524

Current CPI (Mar. 2026) = 330.2130.

Samart PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.934 241.018 8.130
201609 5.817 241.428 7.956
201612 5.737 241.432 7.847
201703 5.700 243.801 7.720
201706 5.403 244.955 7.284
201709 5.308 246.819 7.101
201712 4.551 246.524 6.096
201803 4.493 249.554 5.945
201806 4.439 251.989 5.817
201809 4.323 252.439 5.655
201812 3.295 251.233 4.331
201903 3.465 254.202 4.501
201906 3.370 256.143 4.345
201909 3.475 256.759 4.469
201912 3.646 256.974 4.685
202003 3.725 258.115 4.765
202006 3.361 257.797 4.305
202009 3.303 260.280 4.190
202012 3.021 260.474 3.830
202103 2.965 264.877 3.696
202106 2.861 271.696 3.477
202109 3.036 274.310 3.655
202112 3.362 278.802 3.982
202203 3.463 287.504 3.977
202206 3.455 296.311 3.850
202209 3.043 296.808 3.385
202212 2.662 296.797 2.962
202303 2.713 301.836 2.968
202306 2.814 305.109 3.046
202309 5.280 307.789 5.665
202312 4.822 306.746 5.191
202403 4.965 312.332 5.249
202406 4.803 314.175 5.048
202409 4.674 315.301 4.895
202412 5.071 315.605 5.306
202503 5.123 319.799 5.290
202506 5.213 322.561 5.337
202509 5.189 324.800 5.275
202512 5.317 324.054 5.418
202603 5.524 330.213 5.524

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 1.13 mean?
Samart PCL (BKK:SAMART) has a Cyclically Adjusted PB Ratio of 1.13 as of Jul. 10, 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 Samart PCL and its competitors. This is near median its historical median of 1.17. Over the past decade, Samart PCL's Cyclically Adjusted PB Ratio has ranged from 0.70 to 2.38. According to the industry distribution chart, Samart PCL ranks #441 out of 1595 companies in the Software industry, placing it in the top 27.6%.
Is Samart PCL's Cyclically Adjusted PB Ratio too high?
Samart PCL's current Cyclically Adjusted PB Ratio of 1.13 is near median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.38. The Software industry median Cyclically Adjusted PB Ratio is 2.33. Samart PCL's value of 1.13 is 51.5% below this industry median. Based on the distribution chart, Samart PCL ranks #441 out of 1595 companies in the Software industry, which is above the industry midpoint. Overall, Samart PCL has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Samart PCL's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Samart PCL ranks #441 out of 1595 companies for Cyclically Adjusted PB Ratio. This puts Samart PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.33. Samart PCL's value of 1.13 is 51.5% below this benchmark. Historically, Samart PCL's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 2.38 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 2.33, Samart 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.33, based on 1,595 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. Samart PCL's current Cyclically Adjusted PB Ratio of 1.13 is 51.5% 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 Samart PCL and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samart PCL's current Cyclically Adjusted PB Ratio is 1.13, which is near median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samart PCL stock overvalued right now?
Based on GuruFocus' analysis, Samart PCL (BKK:SAMART) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿6.90, compared to a current price of ฿5.70 — trading 17.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.13, which is near median its 10-year median of 1.17 and 51.5% below the Software industry median of 2.33. Samart PCL's overall GF Score™ is 79/100 with 3 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 Samart PCL (BKK:SAMART), the current Cyclically Adjusted PB Ratio is 1.13 as of Jul. 10, 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 Samart PCL (BKK:SAMART) Overvalued in 2026?

Based on GuruFocus' analysis, Samart PCL stock appears to be undervalued. The current stock price of ฿5.70 is trading 17.4% below its estimated GF Value™ of ฿6.90. GuruFocus considers Samart PCL to be Modestly Undervalued.

Key valuation signals for BKK:SAMART:

  • Cyclically Adjusted PB Ratio: 1.13 (near median its 10-year median of 1.17)
  • GF Value™: ฿6.90 vs. price of ฿5.70 (17.4% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 51.5% below the Software median (#441 of 1595)

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


Samart PCL Business Description

Address 99/1 Moo 4, Chaengwattana Road, Software Park Building, 35th Floor, Klong Gluar, Pak-Kred District, Nonthaburi, THA, 11120
Samart Corp PCL is engaged in the design and installation of telecommunications systems and the sale of telecommunications equipment. The company operates through three reportable segments: Digital ICT Solution, which provides ICT and digital solutions including network solutions, system design, installation, implementation, operations, and maintenance services; Digital Communications, which provides integrated digital network and related solutions and content services; and Utilities and Transportations, which provides air traffic control services, electricity supply services in Cambodia, contracting services for electrical transmission and security systems, as well as manufacturing and distribution of television signal receiving equipment.
79GF Score

Get the complete analysis for BKK:SAMART

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

฿5.70
Price
฿6.90
GF Value