Thaitheparos PCL (BKK:SAUCE) Cyclically Adjusted PB Ratio: 4.77 (As of Aug. 11, 2026) — 30% Above Median

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BKK:SAUCE Thaitheparos PCL BKK:SAUCE
92 GF Score
Price ฿41.75
GF Value ฿39.27
Valuation Fairly Valued
! 4 Warning Signs
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What is Thaitheparos PCL Cyclically Adjusted PB Ratio?

Thaitheparos PCL BKK:SAUCE 92 Cyclically Adjusted PB Ratio is 4.77 as of Aug. 11, 2026, which is 30% above its 10-year median of 3.68. GuruFocus rates BKK:SAUCE with a GF Score™ of 92/100 and a GF Value™ of ฿39.27 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,407 Consumer Packaged Goods companies, Thaitheparos PCL ranks worse than 89.13% on this metric.

As of today (2026-08-11), Thaitheparos PCL's current share price is ฿41.75. Thaitheparos PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿8.76. Thaitheparos PCL's Cyclically Adjusted PB Ratio for today is 4.77.

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

BKK:SAUCE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.02   Med: 3.68   Max: 5.23
Current: 4.74

During the past years, Thaitheparos PCL's highest Cyclically Adjusted PB Ratio was 5.23. The lowest was 3.02. And the median was 3.68.

BKK:SAUCE's Cyclically Adjusted PB Ratio is ranked worse than
89.13% of 1407 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs BKK:SAUCE: 4.74

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.

Thaitheparos PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿9.730. 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 ฿8.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thaitheparos PCL  (BKK:SAUCE) 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.


Thaitheparos PCL Cyclically Adjusted PB Ratio Related Terms


Thaitheparos PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Thaitheparos 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.

Thaitheparos PCL Cyclically Adjusted PB Ratio Chart

Thaitheparos 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 4.21 3.62 4.74 4.54 4.51

Thaitheparos 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 4.48 4.41 4.38 4.51 4.71

BKK:SAUCE vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Thaitheparos 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.


Thaitheparos PCL Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thaitheparos PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SAUCE
92GF Score
Thaitheparos PCL BKK:SAUCE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thaitheparos 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.75/8.76
=4.77

* 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.

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

For example, Thaitheparos 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)
=9.73/330.2130*330.2130
=9.730

Current CPI (Mar. 2026) = 330.2130.

Thaitheparos PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.023 241.018 8.252
201609 6.387 241.428 8.736
201612 6.648 241.432 9.093
201703 6.962 243.801 9.430
201706 6.014 244.955 8.107
201709 6.189 246.819 8.280
201712 6.458 246.524 8.650
201803 6.742 249.554 8.921
201806 6.051 251.989 7.929
201809 6.334 252.439 8.285
201812 6.676 251.233 8.775
201903 6.975 254.202 9.061
201906 6.297 256.143 8.118
201909 6.587 256.759 8.471
201912 6.923 256.974 8.896
202003 7.306 258.115 9.347
202006 6.511 257.797 8.340
202009 6.852 260.280 8.693
202012 7.318 260.474 9.277
202103 7.784 264.877 9.704
202106 6.913 271.696 8.402
202109 7.335 274.310 8.830
202112 7.787 278.802 9.223
202203 8.158 287.504 9.370
202206 6.940 296.311 7.734
202209 7.430 296.808 8.266
202212 7.943 296.797 8.837
202303 8.415 301.836 9.206
202306 7.295 305.109 7.895
202309 7.799 307.789 8.367
202312 8.400 306.746 9.043
202403 8.949 312.332 9.461
202406 7.729 314.175 8.124
202409 8.200 315.301 8.588
202412 8.746 315.605 9.151
202503 9.328 319.799 9.632
202506 8.009 322.561 8.199
202509 8.536 324.800 8.678
202512 9.147 324.054 9.321
202603 9.730 330.213 9.730

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 4.77 mean?
Thaitheparos PCL (BKK:SAUCE) has a Cyclically Adjusted PB Ratio of 4.77 as of Aug. 11, 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 Thaitheparos PCL and its competitors. This is 30% above median its historical median of 3.68. Over the past decade, Thaitheparos PCL's Cyclically Adjusted PB Ratio has ranged from 3.02 to 5.23. According to the industry distribution chart, Thaitheparos PCL ranks #1254 out of 1407 companies in the Consumer Packaged Goods industry, placing it in the top 89.1%.
Is Thaitheparos PCL's Cyclically Adjusted PB Ratio too high?
Thaitheparos PCL's current Cyclically Adjusted PB Ratio of 4.77 is 30% above median its 10-year median of 3.68. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 5.23. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Thaitheparos PCL's value of 4.77 is 278.6% above this industry median. Based on the distribution chart, Thaitheparos PCL ranks #1254 out of 1407 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Thaitheparos PCL has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thaitheparos PCL's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thaitheparos PCL ranks #1254 out of 1407 companies for Cyclically Adjusted PB Ratio. This places Thaitheparos PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Thaitheparos PCL's value of 4.77 is 278.6% above this benchmark. Historically, Thaitheparos PCL's own Cyclically Adjusted PB Ratio has ranged from 3.02 to 5.23 over the past decade. While the company's 10-year median is 3.68 vs. the industry median of 1.26, Thaitheparos 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,407 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. Thaitheparos PCL's current Cyclically Adjusted PB Ratio of 4.77 is 278.6% 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 Thaitheparos PCL and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thaitheparos PCL's current Cyclically Adjusted PB Ratio is 4.77, which is 30% above median its own 10-year median of 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaitheparos PCL stock overvalued right now?
Based on GuruFocus' analysis, Thaitheparos PCL (BKK:SAUCE) is currently considered Fairly Valued. The stock's GF Value™ is ฿39.27, compared to a current price of ฿41.75 — trading 6.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.77, which is 30% above median its 10-year median of 3.68 and 278.6% above the Consumer Packaged Goods industry median of 1.26. Thaitheparos PCL's overall GF Score™ is 92/100 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 Thaitheparos PCL (BKK:SAUCE), the current Cyclically Adjusted PB Ratio is 4.77 as of Aug. 11, 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 Thaitheparos PCL (BKK:SAUCE) Overvalued in 2026?

Based on GuruFocus' analysis, Thaitheparos PCL stock appears to be overvalued. The current stock price of ฿41.75 is trading 6.3% above its estimated GF Value™ of ฿39.27. GuruFocus considers Thaitheparos PCL to be Fairly Valued.

Key valuation signals for BKK:SAUCE:

  • Cyclically Adjusted PB Ratio: 4.77 (30% above median its 10-year median of 3.68)
  • GF Value™: ฿39.27 vs. price of ฿41.75 (6.3% above fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 278.6% above the Consumer Packaged Goods median (#1254 of 1407)

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


Thaitheparos PCL Business Description

Address 208 Moo 6, Taibarn Road, Tambol Taibarn, Amphur Muang, Samutparkan, Bangkok, THA, 10280
Thaitheparos PCL is a Thailand-based company engaged in the activities of manufacture and distribution of sauces and condiments. The company operates in the sauce segment and offers products like soy sauce, oyster sauce, tomato sauce, chili sauce, vinegar, and other related products. Geographically, the company has operations in Thailand, and internationally, of which the majority of the revenue is generated from Thailand.
92GF Score

Get the complete analysis for BKK:SAUCE

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

฿41.75
Price
฿39.27
GF Value