Siam City Cement PCL (BKK:SCCC) Cyclically Adjusted PB Ratio: 1.15 (As of Aug. 15, 2026) — 14% Below Median

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BKK:SCCC Siam City Cement PCL BKK:SCCC
78 GF Score
Price ฿153.50
GF Value ฿162.13
Valuation Fairly Valued
! 4 Warning Signs
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What is Siam City Cement PCL Cyclically Adjusted PB Ratio?

Siam City Cement PCL BKK:SCCC -0.32% 78 Cyclically Adjusted PB Ratio is 1.15 as of Aug. 15, 2026, which is 14% below its 10-year median of 1.34. GuruFocus rates BKK:SCCC with a GF Score™ of 78/100 and a GF Value™ of ฿162.13 (Fairly Valued). The stock has 4 warning signs investors should review. Among 308 Building Materials companies, Siam City Cement PCL ranks worse than 54.87% on this metric.

As of today (2026-08-15), Siam City Cement PCL's current share price is ฿153.50. Siam City Cement PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿133.27. Siam City Cement PCL's Cyclically Adjusted PB Ratio for today is 1.15.

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

BKK:SCCC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.34   Max: 3.88
Current: 1.16

During the past years, Siam City Cement PCL's highest Cyclically Adjusted PB Ratio was 3.88. The lowest was 1.03. And the median was 1.34.

BKK:SCCC's Cyclically Adjusted PB Ratio is ranked worse than
54.87% of 308 companies
in the Building Materials industry
Industry Median: 0.99 vs BKK:SCCC: 1.16

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.

Siam City Cement PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿112.538. 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 ฿133.27 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siam City Cement PCL  (BKK:SCCC) 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.


Siam City Cement PCL Cyclically Adjusted PB Ratio Related Terms


Siam City Cement PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Siam City Cement 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.

Siam City Cement PCL Cyclically Adjusted PB Ratio Chart

Siam City Cement 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 1.43 1.29 1.09 1.28 1.10

Siam City Cement PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.10 1.14 1.10 1.05 1.10

BKK:SCCC vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Siam City Cement 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.


Siam City Cement PCL Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Siam City Cement PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SCCC
78GF Score
Siam City Cement PCL BKK:SCCC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siam City Cement 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.

Siam City Cement PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=153.50/133.27
=1.15

* 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.

Siam City Cement PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Siam City Cement PCL's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=112.538/333.9520*333.9520
=112.538

Current CPI (Jun. 2026) = 333.9520.

Siam City Cement PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 86.996 241.428 120.336
201612 88.980 241.432 123.078
201703 81.286 243.801 111.343
201706 124.432 244.955 169.641
201709 119.440 246.819 161.605
201712 115.650 246.524 156.664
201803 110.479 249.554 147.842
201806 118.591 251.989 157.164
201809 111.840 252.439 147.953
201812 110.841 251.233 147.336
201903 109.904 254.202 144.384
201906 108.640 256.143 141.642
201909 106.709 256.759 138.790
201912 105.349 256.974 136.907
202003 108.759 258.115 140.714
202006 108.474 257.797 140.518
202009 113.864 260.280 146.093
202012 111.960 260.474 143.543
202103 108.912 264.877 137.314
202106 116.080 271.696 142.678
202109 124.635 274.310 151.734
202112 126.555 278.802 151.589
202203 110.477 287.504 128.325
202206 115.174 296.311 129.805
202209 121.740 296.808 136.975
202212 111.543 296.797 125.507
202303 105.634 301.836 116.874
202306 112.424 305.109 123.052
202309 113.356 307.789 122.992
202312 110.675 306.746 120.491
202403 112.829 312.332 120.639
202406 114.916 314.175 122.150
202409 105.344 315.301 111.575
202412 116.437 315.605 123.206
202503 119.033 319.799 124.301
202506 110.582 322.561 114.487
202509 108.033 324.800 111.077
202512 108.049 324.054 111.349
202603 115.340 330.213 116.646
202606 112.538 333.952 112.538

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 1.15 mean?
Siam City Cement PCL (BKK:SCCC) has a Cyclically Adjusted PB Ratio of 1.15 as of Aug. 15, 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 Siam City Cement PCL and its competitors. This is 14% below median its historical median of 1.34. Over the past decade, Siam City Cement PCL's Cyclically Adjusted PB Ratio has ranged from 1.03 to 3.88. According to the industry distribution chart, Siam City Cement PCL ranks #169 out of 308 companies in the Building Materials industry, placing it in the top 54.9%.
Is Siam City Cement PCL's Cyclically Adjusted PB Ratio too high?
Siam City Cement PCL's current Cyclically Adjusted PB Ratio of 1.15 is 14% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 3.88. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.99. Siam City Cement PCL's value of 1.15 is 16.2% above this industry median. Based on the distribution chart, Siam City Cement PCL ranks #169 out of 308 companies in the Building Materials industry, which is below the industry midpoint. Overall, Siam City Cement PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siam City Cement PCL's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Siam City Cement PCL ranks #169 out of 308 companies for Cyclically Adjusted PB Ratio. This places Siam City Cement PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Siam City Cement PCL's value of 1.15 is 16.2% above this benchmark. Historically, Siam City Cement PCL's own Cyclically Adjusted PB Ratio has ranged from 1.03 to 3.88 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 0.99, Siam City Cement 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.99, based on 308 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. Siam City Cement PCL's current Cyclically Adjusted PB Ratio of 1.15 is 16.2% 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 Siam City Cement PCL and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam City Cement PCL's current Cyclically Adjusted PB Ratio is 1.15, which is 14% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam City Cement PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam City Cement PCL (BKK:SCCC) is currently considered Fairly Valued. The stock's GF Value™ is ฿162.13, compared to a current price of ฿153.50 — trading 5.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.15, which is 14% below median its 10-year median of 1.34 and 16.2% above the Building Materials industry median of 0.99. Siam City Cement PCL's overall GF Score™ is 78/100 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 Siam City Cement PCL (BKK:SCCC), the current Cyclically Adjusted PB Ratio is 1.15 as of Aug. 15, 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 Siam City Cement PCL (BKK:SCCC) Overvalued in 2026?

Based on GuruFocus' analysis, Siam City Cement PCL stock appears to be undervalued. The current stock price of ฿153.50 is trading 5.3% below its estimated GF Value™ of ฿162.13. GuruFocus considers Siam City Cement PCL to be Fairly Valued.

Key valuation signals for BKK:SCCC:

  • Cyclically Adjusted PB Ratio: 1.15 (14% below median its 10-year median of 1.34)
  • GF Value™: ฿162.13 vs. price of ฿153.50 (5.3% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 16.2% above the Building Materials median (#169 of 308)

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


Siam City Cement PCL Business Description

Other Exchanges TSCD:Singapore
Address Ratchadapisek Road, 199, 3rd, 10th - 12th Floor, Column Tower, Klongtoey, Bangkok, THA, 10110
Siam City Cement PCL is a Thailand-based company that produces cement-based building materials, wood replacement products, and lightweight concrete blocks through its subsidiaries. The company is composed of five segments: Cement, Concrete & Aggregate, Waste management and Industrial services, Light Building Materials, and Energy. It generates the majority of its revenue from the Cement segment. It sells various cement types, namely Portland, Hydraulic, Mixed, and Masonry, that serve various building, bricklaying, and plastering purposes.
78GF Score

Get the complete analysis for BKK:SCCC

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

฿153.50
Price
฿162.13
GF Value