Southern Concrete Pile PCL (BKK:SCP) Cyclically Adjusted PB Ratio: 1.15 (As of Aug. 13, 2026) — 11% Above Median

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BKK:SCP Southern Concrete Pile PCL BKK:SCP
88 GF Score
Price ฿9.45
GF Value ฿8.07
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Southern Concrete Pile PCL Cyclically Adjusted PB Ratio?

Southern Concrete Pile PCL BKK:SCP -1.56% 88 Cyclically Adjusted PB Ratio is 1.15 as of Aug. 13, 2026, which is 11% above its 10-year median of 1.04. GuruFocus rates BKK:SCP with a GF Score™ of 88/100 and a GF Value™ of ฿8.07 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 308 Building Materials companies, Southern Concrete Pile PCL ranks worse than 54.87% on this metric.

As of today (2026-08-13), Southern Concrete Pile PCL's current share price is ฿9.45. Southern Concrete Pile PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿8.22. Southern Concrete Pile PCL's Cyclically Adjusted PB Ratio for today is 1.15.

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

BKK:SCP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.04   Max: 2.49
Current: 1.15

During the past years, Southern Concrete Pile PCL's highest Cyclically Adjusted PB Ratio was 2.49. The lowest was 0.64. And the median was 1.04.

BKK:SCP's Cyclically Adjusted PB Ratio is ranked worse than
54.87% of 308 companies
in the Building Materials industry
Industry Median: 1 vs BKK:SCP: 1.15

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.

Southern Concrete Pile PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿8.135. 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 ฿8.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Concrete Pile PCL  (BKK:SCP) 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.


Southern Concrete Pile PCL Cyclically Adjusted PB Ratio Related Terms


Southern Concrete Pile PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Southern Concrete Pile 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.

Southern Concrete Pile PCL Cyclically Adjusted PB Ratio Chart

Southern Concrete Pile 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 1.03 0.73 0.70 0.86 1.01

Southern Concrete Pile 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 0.77 0.78 0.97 1.01 0.98

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

For the Building Materials subindustry, Southern Concrete Pile 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.


Southern Concrete Pile PCL Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Southern Concrete Pile PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SCP
88GF Score
Southern Concrete Pile PCL BKK:SCP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Concrete Pile 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.

Southern Concrete Pile PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.45/8.22
=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.

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

For example, Southern Concrete Pile 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)
=8.135/330.2130*330.2130
=8.135

Current CPI (Mar. 2026) = 330.2130.

Southern Concrete Pile PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.176 241.018 7.092
201609 5.351 241.428 7.319
201612 5.693 241.432 7.786
201703 5.807 243.801 7.865
201706 5.638 244.955 7.600
201709 5.886 246.819 7.875
201712 5.998 246.524 8.034
201803 6.260 249.554 8.283
201806 6.127 251.989 8.029
201809 6.447 252.439 8.433
201812 6.538 251.233 8.593
201903 6.762 254.202 8.784
201906 6.490 256.143 8.367
201909 6.610 256.759 8.501
201912 6.777 256.974 8.708
202003 6.563 258.115 8.396
202006 6.787 257.797 8.693
202009 6.991 260.280 8.869
202012 7.122 260.474 9.029
202103 7.395 264.877 9.219
202106 6.890 271.696 8.374
202109 6.999 274.310 8.425
202112 6.939 278.802 8.219
202203 7.007 287.504 8.048
202206 7.278 296.311 8.111
202209 7.264 296.808 8.082
202212 7.313 296.797 8.136
202303 7.339 301.836 8.029
202306 7.295 305.109 7.895
202309 7.439 307.789 7.981
202312 7.598 306.746 8.179
202403 7.903 312.332 8.355
202406 7.722 314.175 8.116
202409 8.056 315.301 8.437
202412 8.290 315.605 8.674
202503 8.537 319.799 8.815
202506 7.406 322.561 7.582
202509 7.764 324.800 7.893
202512 7.790 324.054 7.938
202603 8.135 330.213 8.135

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?
Southern Concrete Pile PCL (BKK:SCP) has a Cyclically Adjusted PB Ratio of 1.15 as of Aug. 13, 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 Southern Concrete Pile PCL and its competitors. This is 11% above median its historical median of 1.04. Over the past decade, Southern Concrete Pile PCL's Cyclically Adjusted PB Ratio has ranged from 0.64 to 2.49. According to the industry distribution chart, Southern Concrete Pile PCL ranks #169 out of 308 companies in the Building Materials industry, placing it in the top 54.9%.
Is Southern Concrete Pile PCL's Cyclically Adjusted PB Ratio too high?
Southern Concrete Pile PCL's current Cyclically Adjusted PB Ratio of 1.15 is 11% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 2.49. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.00. Southern Concrete Pile PCL's value of 1.15 is 15% above this industry median. Based on the distribution chart, Southern Concrete Pile PCL ranks #169 out of 308 companies in the Building Materials industry, which is below the industry midpoint. Overall, Southern Concrete Pile PCL has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Concrete Pile PCL's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Southern Concrete Pile PCL ranks #169 out of 308 companies for Cyclically Adjusted PB Ratio. This places Southern Concrete Pile PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Southern Concrete Pile PCL's value of 1.15 is 15% above this benchmark. Historically, Southern Concrete Pile PCL's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 2.49 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.00, Southern Concrete Pile 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 1.00, 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. Southern Concrete Pile PCL's current Cyclically Adjusted PB Ratio of 1.15 is 15% 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 Southern Concrete Pile PCL and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Concrete Pile PCL's current Cyclically Adjusted PB Ratio is 1.15, which is 11% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Concrete Pile PCL stock overvalued right now?
Based on GuruFocus' analysis, Southern Concrete Pile PCL (BKK:SCP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿8.07, compared to a current price of ฿9.45 — trading 17.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.15, which is 11% above median its 10-year median of 1.04 and 15% above the Building Materials industry median of 1.00. Southern Concrete Pile PCL's overall GF Score™ is 88/100 with 6 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 Southern Concrete Pile PCL (BKK:SCP), the current Cyclically Adjusted PB Ratio is 1.15 as of Aug. 13, 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 Southern Concrete Pile PCL (BKK:SCP) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Concrete Pile PCL stock appears to be overvalued. The current stock price of ฿9.45 is trading 17.1% above its estimated GF Value™ of ฿8.07. GuruFocus considers Southern Concrete Pile PCL to be Modestly Overvalued.

Key valuation signals for BKK:SCP:

  • Cyclically Adjusted PB Ratio: 1.15 (11% above median its 10-year median of 1.04)
  • GF Value™: ฿8.07 vs. price of ฿9.45 (17.1% above fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 15% above the Building Materials median (#169 of 308)

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


Southern Concrete Pile PCL Business Description

Address Soi Sukhumvit 63 (Ekamai), 555, 17th Floor, SSP Tower Building, North Klongton, Wattana, Bangkok, THA, 10110
Southern Concrete Pile PCL is engaged in the manufacture and distribution of pre-stressed concrete products. It is involved in a single segment of a Prestressed Concrete product involving manufacturing, sales, services, and installation. The company produces and supplies pre-stressed concrete products including pre-stressed concrete piles, pre-stressed concrete spun piles, precast concrete slabs, pre-stressed plank girders and retaining pre-stressed concrete piles; electricity concrete products, such as pre-stressed concrete poles, pre-stressed concrete cross-arms, pre-stressed concrete stubs, ground anchors and pole foundations, and drainage concrete products. Geographically, it operates in Thailand.
88GF Score

Get the complete analysis for BKK:SCP

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

฿9.45
Price
฿8.07
GF Value