Singer Thailand PCL (BKK:SINGER) Cyclically Adjusted PB Ratio: 0.91 (As of Aug. 24, 2026) — 42% Below Median

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BKK:SINGER Singer Thailand PCL BKK:SINGER
65 GF Score
Price ฿11.70
GF Value ฿10.73
Valuation Fairly Valued
! 5 Warning Signs
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What is Singer Thailand PCL Cyclically Adjusted PB Ratio?

Singer Thailand PCL BKK:SINGER -3.31% 65 Cyclically Adjusted PB Ratio is 0.91 as of Aug. 24, 2026, which is 42% below its 10-year median of 1.56. GuruFocus rates BKK:SINGER with a GF Score™ of 65/100 and a GF Value™ of ฿10.73 (Fairly Valued). The stock has 5 warning signs investors should review. Among 330 Credit Services companies, Singer Thailand PCL ranks worse than 52.73% on this metric.

As of today (2026-08-24), Singer Thailand PCL's current share price is ฿11.70. Singer Thailand PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿12.88. Singer Thailand PCL's Cyclically Adjusted PB Ratio for today is 0.91.

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

BKK:SINGER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.56   Max: 8.85
Current: 0.94

During the past years, Singer Thailand PCL's highest Cyclically Adjusted PB Ratio was 8.85. The lowest was 0.38. And the median was 1.56.

BKK:SINGER's Cyclically Adjusted PB Ratio is ranked worse than
52.73% of 330 companies
in the Credit Services industry
Industry Median: 0.88 vs BKK:SINGER: 0.94

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.

Singer Thailand PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿16.653. 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 ฿12.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Singer Thailand PCL  (BKK:SINGER) 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.


Singer Thailand PCL Cyclically Adjusted PB Ratio Related Terms


Singer Thailand PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Singer Thailand 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.

Singer Thailand PCL Cyclically Adjusted PB Ratio Chart

Singer Thailand 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 8.41 3.52 1.21 0.73 0.40

Singer Thailand 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 0.38 0.60 0.40 0.40 0.75

BKK:SINGER vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, Singer Thailand 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.


Singer Thailand PCL Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Singer Thailand PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SINGER
65GF Score
Singer Thailand PCL BKK:SINGER
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Singer Thailand 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.

Singer Thailand PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.70/12.88
=0.91

* 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.

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

For example, Singer Thailand 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)
=16.653/333.9520*333.9520
=16.653

Current CPI (Jun. 2026) = 333.9520.

Singer Thailand PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.438 241.428 7.522
201612 5.584 241.432 7.724
201703 5.516 243.801 7.556
201706 5.410 244.955 7.376
201709 5.417 246.819 7.329
201712 5.418 246.524 7.339
201803 4.784 249.554 6.402
201806 4.930 251.989 6.534
201809 5.079 252.439 6.719
201812 5.233 251.233 6.956
201903 3.853 254.202 5.062
201906 5.551 256.143 7.237
201909 5.632 256.759 7.325
201912 5.735 256.974 7.453
202003 5.283 258.115 6.835
202006 5.577 257.797 7.224
202009 5.750 260.280 7.378
202012 6.693 260.474 8.581
202103 7.443 264.877 9.384
202106 7.206 271.696 8.857
202109 7.570 274.310 9.216
202112 18.546 278.802 22.215
202203 18.651 287.504 21.664
202206 18.275 296.311 20.597
202209 18.333 296.808 20.627
202212 21.509 296.797 24.202
202303 20.402 301.836 22.573
202306 17.099 305.109 18.715
202309 17.109 307.789 18.563
202312 17.081 306.746 18.596
202403 17.145 312.332 18.332
202406 17.172 314.175 18.253
202409 16.215 315.301 17.174
202412 16.172 315.605 17.112
202503 16.273 319.799 16.993
202506 16.276 322.561 16.851
202509 16.223 324.800 16.680
202512 16.285 324.054 16.782
202603 16.465 330.213 16.651
202606 16.653 333.952 16.653

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 0.91 mean?
Singer Thailand PCL (BKK:SINGER) has a Cyclically Adjusted PB Ratio of 0.91 as of Aug. 24, 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 Singer Thailand PCL and its competitors. This is 42% below median its historical median of 1.56. Over the past decade, Singer Thailand PCL's Cyclically Adjusted PB Ratio has ranged from 0.38 to 8.85. According to the industry distribution chart, Singer Thailand PCL ranks #174 out of 330 companies in the Credit Services industry, placing it in the top 52.7%.
Is Singer Thailand PCL's Cyclically Adjusted PB Ratio too high?
Singer Thailand PCL's current Cyclically Adjusted PB Ratio of 0.91 is 42% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 8.85. The Credit Services industry median Cyclically Adjusted PB Ratio is 0.88. Singer Thailand PCL's value of 0.91 is 3.4% above this industry median. Based on the distribution chart, Singer Thailand PCL ranks #174 out of 330 companies in the Credit Services industry, which is below the industry midpoint. Overall, Singer Thailand PCL has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Singer Thailand PCL's Cyclically Adjusted PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Singer Thailand PCL ranks #174 out of 330 companies for Cyclically Adjusted PB Ratio. This places Singer Thailand PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.88. Singer Thailand PCL's value of 0.91 is 3.4% above this benchmark. Historically, Singer Thailand PCL's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 8.85 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 0.88, Singer Thailand 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 Credit Services company?
The median Cyclically Adjusted PB Ratio among Credit Services companies is 0.88, based on 330 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. Singer Thailand PCL's current Cyclically Adjusted PB Ratio of 0.91 is 3.4% 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 Singer Thailand PCL and its competitors. For the Credit Services industry, the median Cyclically Adjusted PB Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singer Thailand PCL's current Cyclically Adjusted PB Ratio is 0.91, which is 42% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singer Thailand PCL stock overvalued right now?
Based on GuruFocus' analysis, Singer Thailand PCL (BKK:SINGER) is currently considered Fairly Valued. The stock's GF Value™ is ฿10.73, compared to a current price of ฿11.70 — trading 9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.91, which is 42% below median its 10-year median of 1.56 and 3.4% above the Credit Services industry median of 0.88. Singer Thailand PCL's overall GF Score™ is 65/100 with 5 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 Singer Thailand PCL (BKK:SINGER), the current Cyclically Adjusted PB Ratio is 0.91 as of Aug. 24, 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 Singer Thailand PCL (BKK:SINGER) Overvalued in 2026?

Based on GuruFocus' analysis, Singer Thailand PCL stock appears to be overvalued. The current stock price of ฿11.70 is trading 9% above its estimated GF Value™ of ฿10.73. GuruFocus considers Singer Thailand PCL to be Fairly Valued.

Key valuation signals for BKK:SINGER:

  • Cyclically Adjusted PB Ratio: 0.91 (42% below median its 10-year median of 1.56)
  • GF Value™: ฿10.73 vs. price of ฿11.70 (9% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 3.4% above the Credit Services median (#174 of 330)

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


Singer Thailand PCL Business Description

Address Charoenkrung Road, 72 NT Bangrak Building, 17th Floor, Bangrak, Bangkok, THA, 10500
Singer Thailand PCL activities include trade sales and hire-purchase of electronic appliances, commercial products, mobile phones, hire-purchase of vehicles, loan receivables with vehicle collateral, repair and maintenance services of electronic appliances, and providing life and non-life insurance brokerage. The Company distributes products under the Singer brand, including sewing machines and home electrical appliances, and also distributes commercial appliances, vending machines, and mobile telephone products and accessories. The Company operates through three segments: Trade sales, Hire purchase and loans, which generate maximum revenue; and Service and others. The Group is managed and operates principally in Thailand.
65GF Score

Get the complete analysis for BKK:SINGER

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

฿11.70
Price
฿10.73
GF Value