Siamgas And Petrochemicals PCL (BKK:SGP) Cyclically Adjusted PB Ratio: 0.93 (As of Aug. 04, 2026) — 47% Below Median

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BKK:SGP Siamgas And Petrochemicals PCL BKK:SGP
64 GF Score
Price ฿8.00
GF Value ฿6.28
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Siamgas And Petrochemicals PCL Cyclically Adjusted PB Ratio?

Siamgas And Petrochemicals PCL BKK:SGP -0.62% 64 Cyclically Adjusted PB Ratio is 0.93 as of Aug. 04, 2026, which is 47% below its 10-year median of 1.74. GuruFocus rates BKK:SGP with a GF Score™ of 64/100 and a GF Value™ of ฿6.28 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 765 Oil & Gas companies, Siamgas And Petrochemicals PCL ranks better than 59.35% on this metric.

As of today (2026-08-04), Siamgas And Petrochemicals PCL's current share price is ฿8.00. Siamgas And Petrochemicals PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿8.56. Siamgas And Petrochemicals PCL's Cyclically Adjusted PB Ratio for today is 0.93.

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

BKK:SGP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.74   Max: 3.95
Current: 0.96

During the past years, Siamgas And Petrochemicals PCL's highest Cyclically Adjusted PB Ratio was 3.95. The lowest was 0.77. And the median was 1.74.

BKK:SGP's Cyclically Adjusted PB Ratio is ranked better than
59.35% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 vs BKK:SGP: 0.96

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.

Siamgas And Petrochemicals PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿9.609. 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 ฿8.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siamgas And Petrochemicals PCL  (BKK:SGP) 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.


Siamgas And Petrochemicals PCL Cyclically Adjusted PB Ratio Related Terms


Siamgas And Petrochemicals PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Siamgas And Petrochemicals 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.

Siamgas And Petrochemicals PCL Cyclically Adjusted PB Ratio Chart

Siamgas And Petrochemicals 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 2.09 1.44 1.08 0.89 0.94

Siamgas And Petrochemicals 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 0.84 0.81 0.80 0.94 0.95

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

For the Oil & Gas Refining & Marketing subindustry, Siamgas And Petrochemicals 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.


Siamgas And Petrochemicals PCL Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


BKK:SGP
64GF Score
Siamgas And Petrochemicals PCL BKK:SGP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Siamgas And Petrochemicals 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.

Siamgas And Petrochemicals PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.00/8.56
=0.93

* 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.

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

For example, Siamgas And Petrochemicals 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)
=9.609/330.2130*330.2130
=9.609

Current CPI (Mar. 2026) = 330.2130.

Siamgas And Petrochemicals PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.029 241.018 6.890
201609 4.803 241.428 6.569
201612 5.265 241.432 7.201
201703 5.673 243.801 7.684
201706 5.461 244.955 7.362
201709 5.621 246.819 7.520
201712 6.061 246.524 8.119
201803 5.972 249.554 7.902
201806 5.954 251.989 7.802
201809 5.903 252.439 7.722
201812 5.434 251.233 7.142
201903 5.690 254.202 7.391
201906 5.764 256.143 7.431
201909 5.489 256.759 7.059
201912 6.029 256.974 7.747
202003 6.155 258.115 7.874
202006 5.874 257.797 7.524
202009 6.334 260.280 8.036
202012 6.785 260.474 8.602
202103 7.720 264.877 9.624
202106 7.606 271.696 9.244
202109 8.450 274.310 10.172
202112 8.927 278.802 10.573
202203 9.410 287.504 10.808
202206 8.962 296.311 9.987
202209 9.093 296.808 10.116
202212 8.443 296.797 9.394
202303 8.511 301.836 9.311
202306 7.704 305.109 8.338
202309 8.457 307.789 9.073
202312 8.475 306.746 9.123
202403 9.276 312.332 9.807
202406 9.551 314.175 10.039
202409 8.740 315.301 9.153
202412 9.117 315.605 9.539
202503 9.133 319.799 9.430
202506 8.375 322.561 8.574
202509 8.148 324.800 8.284
202512 8.348 324.054 8.507
202603 9.609 330.213 9.609

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 0.93 mean?
Siamgas And Petrochemicals PCL (BKK:SGP) has a Cyclically Adjusted PB Ratio of 0.93 as of Aug. 04, 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 Siamgas And Petrochemicals PCL and its competitors. This is 47% below median its historical median of 1.74. Over the past decade, Siamgas And Petrochemicals PCL's Cyclically Adjusted PB Ratio has ranged from 0.77 to 3.95. According to the industry distribution chart, Siamgas And Petrochemicals PCL ranks #311 out of 765 companies in the Oil & Gas industry, placing it in the top 40.7%.
Is Siamgas And Petrochemicals PCL's Cyclically Adjusted PB Ratio too high?
Siamgas And Petrochemicals PCL's current Cyclically Adjusted PB Ratio of 0.93 is 47% below median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 3.95. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Siamgas And Petrochemicals PCL's value of 0.93 is 23.1% below this industry median. Based on the distribution chart, Siamgas And Petrochemicals PCL ranks #311 out of 765 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Siamgas And Petrochemicals PCL has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siamgas And Petrochemicals PCL's Cyclically Adjusted PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Siamgas And Petrochemicals PCL ranks #311 out of 765 companies for Cyclically Adjusted PB Ratio. This puts Siamgas And Petrochemicals PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Siamgas And Petrochemicals PCL's value of 0.93 is 23.1% below this benchmark. Historically, Siamgas And Petrochemicals PCL's own Cyclically Adjusted PB Ratio has ranged from 0.77 to 3.95 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.21, Siamgas And Petrochemicals 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 1.21, based on 765 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. Siamgas And Petrochemicals PCL's current Cyclically Adjusted PB Ratio of 0.93 is 23.1% 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 Siamgas And Petrochemicals PCL and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siamgas And Petrochemicals PCL's current Cyclically Adjusted PB Ratio is 0.93, which is 47% below median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siamgas And Petrochemicals PCL stock overvalued right now?
Based on GuruFocus' analysis, Siamgas And Petrochemicals PCL (BKK:SGP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.28, compared to a current price of ฿8.00 — trading 27.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.93, which is 47% below median its 10-year median of 1.74 and 23.1% below the Oil & Gas industry median of 1.21. Siamgas And Petrochemicals PCL's overall GF Score™ is 64/100 with 10 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 Siamgas And Petrochemicals PCL (BKK:SGP), the current Cyclically Adjusted PB Ratio is 0.93 as of Aug. 04, 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 Siamgas And Petrochemicals PCL (BKK:SGP) Overvalued in 2026?

Based on GuruFocus' analysis, Siamgas And Petrochemicals PCL stock appears to be overvalued. The current stock price of ฿8.00 is trading 27.4% above its estimated GF Value™ of ฿6.28. GuruFocus considers Siamgas And Petrochemicals PCL to be Modestly Overvalued.

Key valuation signals for BKK:SGP:

  • Cyclically Adjusted PB Ratio: 0.93 (47% below median its 10-year median of 1.74)
  • GF Value™: ฿6.28 vs. price of ฿8.00 (27.4% above fair value)
  • GF Score™: 64/100 with 10 warning signs
  • Industry Position: 23.1% below the Oil & Gas median (#311 of 765)

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


Siamgas And Petrochemicals PCL Business Description

Industry EnergyOil & Gas
Other Exchanges 4QVA:Germany
Address Ratchaprarop Road, 553, The Palladium Building, 30th Floor, Makkasan, Ratchathewi, Bangkok, THA, 10400
Siamgas And Petrochemicals PCL is engaged in trading petroleum and petrochemicals, transportation services by land and ship and oil depots, and port services. Its segments include Petroleum & petrochemical products, which is engaged in trading of petroleum for household cooking, industry & transportation businesses, and petrochemical trading; Transportation services, which provides transportation services by land & ship; and Others segment, which is into Cylinder manufacturing, holding business and oil depots & port services. Its operations are carried out in Thailand, and Overseas. The company generates the majority of its revenue from the overseas market.
64GF Score

Get the complete analysis for BKK:SGP

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

฿8.00
Price
฿6.28
GF Value