Shangri-La Hotel PCL (BKK:SHANG-R) Cyclically Adjusted PB Ratio: 0.71 (As of Jul. 06, 2026) — 13% Below Median


BKK:SHANG-R Shangri-La Hotel PCL BKK:SHANG-R
84 GF Score
Price ฿44.50
GF Value ฿50.02
! 2 Warning Signs
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What is Shangri-La Hotel PCL Cyclically Adjusted PB Ratio?

Shangri-La Hotel PCL BKK:SHANG-R 84 Cyclically Adjusted PB Ratio is 0.71 as of Jul. 06, 2026, which is 13% below its 10-year median of 0.82. GuruFocus rates BKK:SHANG-R with a GF Score™ of 84/100 and a GF Value™ of ฿50.02. The stock has 2 warning signs investors should review. Among 654 Travel & Leisure companies, Shangri-La Hotel PCL ranks better than 73.09% on this metric.

As of today (2026-07-06), Shangri-La Hotel PCL's current share price is ฿44.50. Shangri-La Hotel PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿62.39. Shangri-La Hotel PCL's Cyclically Adjusted PB Ratio for today is 0.71.

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

BKK:SHANG-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.82   Max: 1.59
Current: 0.61

During the past years, Shangri-La Hotel PCL's highest Cyclically Adjusted PB Ratio was 1.59. The lowest was 0.54. And the median was 0.82.

BKK:SHANG-R's Cyclically Adjusted PB Ratio is ranked better than
73.09% of 654 companies
in the Travel & Leisure industry
Industry Median: 1.235 vs BKK:SHANG-R: 0.61

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.

Shangri-La Hotel PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿59.805. 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 ฿62.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shangri-La Hotel PCL  (BKK:SHANG-R) 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.


Shangri-La Hotel PCL Cyclically Adjusted PB Ratio Related Terms


Shangri-La Hotel PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shangri-La Hotel 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.

Shangri-La Hotel PCL Cyclically Adjusted PB Ratio Chart

Shangri-La Hotel 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 0.91 0.80 0.67 0.64 0.65

Shangri-La Hotel 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 0.68 0.61 0.74 0.65 0.71

BKK:SHANG-R vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Shangri-La Hotel 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.


Shangri-La Hotel PCL Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shangri-La Hotel PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shangri-La Hotel PCL's Cyclically Adjusted PB Ratio falls into.


BKK:SHANG-R
84GF Score
Shangri-La Hotel PCL BKK:SHANG-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shangri-La Hotel 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.

Shangri-La Hotel PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.50/62.39
=0.71

* 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.

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

For example, Shangri-La Hotel 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)
=59.805/330.2130*330.2130
=59.805

Current CPI (Mar. 2026) = 330.2130.

Shangri-La Hotel PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 59.828 241.018 81.969
201609 60.251 241.428 82.408
201612 61.939 241.432 84.716
201703 63.664 243.801 86.229
201706 62.663 244.955 84.473
201709 63.672 246.819 85.185
201712 65.860 246.524 88.218
201803 66.018 249.554 87.356
201806 65.913 251.989 86.374
201809 65.374 252.439 85.515
201812 66.241 251.233 87.065
201903 67.464 254.202 87.637
201906 64.654 256.143 83.350
201909 64.688 256.759 83.194
201912 66.002 256.974 84.813
202003 67.421 258.115 86.253
202006 63.223 257.797 80.983
202009 63.080 260.280 80.029
202012 56.297 260.474 71.370
202103 56.640 264.877 70.611
202106 56.841 271.696 69.083
202109 56.630 274.310 68.171
202112 54.904 278.802 65.028
202203 54.013 287.504 62.037
202206 54.584 296.311 60.829
202209 55.900 296.808 62.191
202212 55.208 296.797 61.424
202303 56.424 301.836 61.729
202306 57.295 305.109 62.009
202309 58.070 307.789 62.301
202312 56.118 306.746 60.411
202403 58.519 312.332 61.869
202406 58.440 314.175 61.423
202409 57.356 315.301 60.069
202412 57.202 315.605 59.850
202503 58.401 319.799 60.303
202506 57.429 322.561 58.791
202509 57.715 324.800 58.677
202512 57.739 324.054 58.836
202603 59.805 330.213 59.805

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 0.71 mean?
Shangri-La Hotel PCL (BKK:SHANG-R) has a Cyclically Adjusted PB Ratio of 0.71 as of Jul. 06, 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 Shangri-La Hotel PCL and its competitors. This is 13% below median its historical median of 0.82. Over the past decade, Shangri-La Hotel PCL's Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.59. According to the industry distribution chart, Shangri-La Hotel PCL ranks #176 out of 654 companies in the Travel & Leisure industry, placing it in the top 26.9%.
Is Shangri-La Hotel PCL's Cyclically Adjusted PB Ratio too high?
Shangri-La Hotel PCL's current Cyclically Adjusted PB Ratio of 0.71 is 13% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.59. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.24. Shangri-La Hotel PCL's value of 0.71 is 42.5% below this industry median. Based on the distribution chart, Shangri-La Hotel PCL ranks #176 out of 654 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Shangri-La Hotel PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Shangri-La Hotel PCL's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Shangri-La Hotel PCL ranks #176 out of 654 companies for Cyclically Adjusted PB Ratio. This puts Shangri-La Hotel PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Shangri-La Hotel PCL's value of 0.71 is 42.5% below this benchmark. Historically, Shangri-La Hotel PCL's own Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.59 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.24, Shangri-La Hotel 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 a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.24, based on 654 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. Shangri-La Hotel PCL's current Cyclically Adjusted PB Ratio of 0.71 is 42.5% 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 Shangri-La Hotel PCL and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shangri-La Hotel PCL's current Cyclically Adjusted PB Ratio is 0.71, which is 13% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shangri-La Hotel PCL stock overvalued right now?
Shangri-La Hotel PCL (BKK:SHANG-R) has a current Cyclically Adjusted PB Ratio of 0.71. The stock's GF Value™ is ฿50.02, compared to a current price of ฿44.50 — trading 11% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.71, which is 13% below median its 10-year median of 0.82 and 42.5% below the Travel & Leisure industry median of 1.24. Shangri-La Hotel PCL's overall GF Score™ is 84/100 with 2 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 Shangri-La Hotel PCL (BKK:SHANG-R), the current Cyclically Adjusted PB Ratio is 0.71 as of Jul. 06, 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 Shangri-La Hotel PCL (BKK:SHANG-R) Overvalued in 2026?

Based on GuruFocus' analysis, Shangri-La Hotel PCL stock appears to be undervalued. The current stock price of ฿44.50 is trading 11% below its estimated GF Value™ of ฿50.02.

Key valuation signals for BKK:SHANG-R:

  • Cyclically Adjusted PB Ratio: 0.71 (13% below median its 10-year median of 0.82)
  • GF Value™: ฿50.02 vs. price of ฿44.50 (11% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 42.5% below the Travel & Leisure median (#176 of 654)

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


Shangri-La Hotel PCL Business Description

Other Exchanges SHANG:Thailand
Address New Road, No. 89, Soi Wat Suan Plu, Bangrak, Bangkok, THA, 10500
Shangri-La Hotel PCL is principally engaged in hotel operations in Bangkok and Chiang Mai provinces in Thailand. It owns and operates Shangri-La Bangkok and Shangri-La Chiang Mai, offering lodging, food and beverage services, facilities for conferences and functions, as well as other services and facilities related to the hotel business and investment holding. The group has two reportable segments, as follows: the Hotel business, which generates the maximum revenue, and Holding investment.
84GF Score

Get the complete analysis for BKK:SHANG-R

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

฿44.50
Price
฿50.02
GF Value