Sea Oil PCL (BKK:SEAOIL) Cyclically Adjusted PB Ratio: 1.13 (As of Aug. 09, 2026) — Near Median

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BKK:SEAOIL Sea Oil PCL BKK:SEAOIL
83 GF Score
Price ฿3.28
GF Value ฿3.31
Valuation Fairly Valued
! 4 Warning Signs
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What is Sea Oil PCL Cyclically Adjusted PB Ratio?

Sea Oil PCL BKK:SEAOIL -1.20% 83 Cyclically Adjusted PB Ratio is 1.13 as of Aug. 09, 2026, which is 9% below its 10-year median of 1.24. GuruFocus rates BKK:SEAOIL with a GF Score™ of 83/100 and a GF Value™ of ฿3.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 767 Oil & Gas companies, Sea Oil PCL ranks better than 52.02% on this metric.

As of today (2026-08-09), Sea Oil PCL's current share price is ฿3.28. Sea Oil PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿2.89. Sea Oil PCL's Cyclically Adjusted PB Ratio for today is 1.13.

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

BKK:SEAOIL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.24   Max: 2.45
Current: 1.13

During the past years, Sea Oil PCL's highest Cyclically Adjusted PB Ratio was 2.45. The lowest was 0.81. And the median was 1.24.

BKK:SEAOIL's Cyclically Adjusted PB Ratio is ranked better than
52.02% of 767 companies
in the Oil & Gas industry
Industry Median: 1.17 vs BKK:SEAOIL: 1.13

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.

Sea Oil PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿3.772. 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 ฿2.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sea Oil PCL  (BKK:SEAOIL) 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.


Sea Oil PCL Cyclically Adjusted PB Ratio Related Terms


Sea Oil PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sea Oil 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.

Sea Oil PCL Cyclically Adjusted PB Ratio Chart

Sea Oil 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 1.38 1.83 1.22 0.96 1.06

Sea Oil 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 0.91 0.87 0.97 1.06 1.18

BKK:SEAOIL vs MPC, VLO, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Sea Oil 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.


Sea Oil PCL Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sea Oil PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SEAOIL
83GF Score
Sea Oil PCL BKK:SEAOIL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sea Oil 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.28/2.89
=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.

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

For example, Sea Oil 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)
=3.772/330.2130*330.2130
=3.772

Current CPI (Mar. 2026) = 330.2130.

Sea Oil PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.887 241.018 2.585
201609 1.875 241.428 2.565
201612 1.864 241.432 2.549
201703 1.986 243.801 2.690
201706 1.934 244.955 2.607
201709 1.902 246.819 2.545
201712 1.828 246.524 2.449
201803 1.805 249.554 2.388
201806 1.814 251.989 2.377
201809 1.803 252.439 2.358
201812 1.822 251.233 2.395
201903 1.834 254.202 2.382
201906 1.892 256.143 2.439
201909 1.897 256.759 2.440
201912 1.717 256.974 2.206
202003 2.109 258.115 2.698
202006 1.892 257.797 2.423
202009 1.956 260.280 2.482
202012 1.899 260.474 2.407
202103 2.055 264.877 2.562
202106 1.981 271.696 2.408
202109 2.078 274.310 2.501
202112 2.230 278.802 2.641
202203 2.523 287.504 2.898
202206 2.578 296.311 2.873
202209 2.757 296.808 3.067
202212 2.838 296.797 3.158
202303 3.166 301.836 3.464
202306 3.087 305.109 3.341
202309 3.233 307.789 3.469
202312 3.296 306.746 3.548
202403 3.395 312.332 3.589
202406 3.341 314.175 3.512
202409 3.439 315.301 3.602
202412 3.481 315.605 3.642
202503 3.604 319.799 3.721
202506 3.555 322.561 3.639
202509 3.637 324.800 3.698
202512 3.615 324.054 3.684
202603 3.772 330.213 3.772

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?
Sea Oil PCL (BKK:SEAOIL) has a Cyclically Adjusted PB Ratio of 1.13 as of Aug. 09, 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 Sea Oil PCL and its competitors. This is near median its historical median of 1.24. Over the past decade, Sea Oil PCL's Cyclically Adjusted PB Ratio has ranged from 0.81 to 2.45. According to the industry distribution chart, Sea Oil PCL ranks #368 out of 767 companies in the Oil & Gas industry, placing it in the top 48%.
Is Sea Oil PCL's Cyclically Adjusted PB Ratio too high?
Sea Oil PCL's current Cyclically Adjusted PB Ratio of 1.13 is near median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 2.45. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.17. Sea Oil PCL's value of 1.13 is 3.4% below this industry median. Based on the distribution chart, Sea Oil PCL ranks #368 out of 767 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Sea Oil PCL has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sea Oil PCL's Cyclically Adjusted PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Sea Oil PCL ranks #368 out of 767 companies for Cyclically Adjusted PB Ratio. This puts Sea Oil PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Sea Oil PCL's value of 1.13 is 3.4% below this benchmark. Historically, Sea Oil PCL's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 2.45 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.17, Sea Oil 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.17, based on 767 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. Sea Oil PCL's current Cyclically Adjusted PB Ratio of 1.13 is 3.4% 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 Sea Oil PCL and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sea Oil PCL's current Cyclically Adjusted PB Ratio is 1.13, which is near median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea Oil PCL stock overvalued right now?
Based on GuruFocus' analysis, Sea Oil PCL (BKK:SEAOIL) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.31, compared to a current price of ฿3.28 — trading 0.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.13, which is near median its 10-year median of 1.24 and 3.4% below the Oil & Gas industry median of 1.17. Sea Oil PCL's overall GF Score™ is 83/100 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 Sea Oil PCL (BKK:SEAOIL), the current Cyclically Adjusted PB Ratio is 1.13 as of Aug. 09, 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 Sea Oil PCL (BKK:SEAOIL) Overvalued in 2026?

Based on GuruFocus' analysis, Sea Oil PCL stock appears to be undervalued. The current stock price of ฿3.28 is trading 0.9% below its estimated GF Value™ of ฿3.31. GuruFocus considers Sea Oil PCL to be Fairly Valued.

Key valuation signals for BKK:SEAOIL:

  • Cyclically Adjusted PB Ratio: 1.13 (near median its 10-year median of 1.24)
  • GF Value™: ฿3.31 vs. price of ฿3.28 (0.9% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 3.4% below the Oil & Gas median (#368 of 767)

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


Sea Oil PCL Business Description

Industry EnergyOil & Gas
Other Exchanges SEAOIL-F:Thailand
Address Debaratna Road, 88 Soi Bangna-Trat 30, Bang Na-Tai Sub-district, Bang Na district, Bangkok, THA, 10260
Sea Oil PCL engaged in the retail sale of fuel oil and lubricant oil. The company also provides service and supply management for clients in the oil industry's exploration and productions. The operating segments of the company are; Maritime sales of fuel oil and lubricant oil, Land sales and other channels' sales of fuel oil and lubricant oil, Catering service which provides service and supply management for clients in the oil industry's exploration and production, and Lease of solvent and petrochemical factory. The company derives the majority of its revenue from the Maritime sales of fuel oil and lubricant oil segment. The Group operates in both Thailand and foreign countries.
83GF Score

Get the complete analysis for BKK:SEAOIL

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

฿3.28
Price
฿3.31
GF Value