Sky ICT PCL (BKK:SKY-R) Cyclically Adjusted PB Ratio: 4.33 (As of Aug. 26, 2026) — 21% Below Median

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BKK:SKY-R Sky ICT PCL BKK:SKY-R
73 GF Score
Price ฿17.77
GF Value ฿33.70
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Sky ICT PCL Cyclically Adjusted PB Ratio?

Sky ICT PCL BKK:SKY-R -2.18% 73 Cyclically Adjusted PB Ratio is 4.33 as of Aug. 26, 2026, which is 21% below its 10-year median of 5.51. GuruFocus rates BKK:SKY-R with a GF Score™ of 73/100 and a GF Value™ of ฿33.70 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,499 Software companies, Sky ICT PCL ranks worse than 65.91% on this metric.

As of today (2026-08-26), Sky ICT PCL's current share price is ฿17.77194. Sky ICT PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿4.10. Sky ICT PCL's Cyclically Adjusted PB Ratio for today is 4.33.

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

BKK:SKY-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.33   Med: 5.51   Max: 13.83
Current: 3.69

During the past years, Sky ICT PCL's highest Cyclically Adjusted PB Ratio was 13.83. The lowest was 2.33. And the median was 5.51.

BKK:SKY-R's Cyclically Adjusted PB Ratio is ranked worse than
65.91% of 1499 companies
in the Software industry
Industry Median: 2.31 vs BKK:SKY-R: 3.69

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.

Sky ICT PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿8.726. 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 ฿4.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sky ICT PCL  (BKK:SKY-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.


Sky ICT PCL Cyclically Adjusted PB Ratio Related Terms


Sky ICT PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sky ICT 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.

Sky ICT PCL Cyclically Adjusted PB Ratio Chart

Sky ICT 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 0.00 0.00 9.02 7.57 2.58

Sky ICT 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 3.06 3.25 2.58 2.73 3.01

BKK:SKY-R vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Sky ICT 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.


Sky ICT PCL Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Sky ICT PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SKY-R
73GF Score
Sky ICT PCL BKK:SKY-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sky ICT 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.

Sky ICT PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.77194/4.10
=4.33

* 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.

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

For example, Sky ICT 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)
=8.726/333.9520*333.9520
=8.726

Current CPI (Jun. 2026) = 333.9520.

Sky ICT PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.715 241.428 0.989
201612 0.732 241.432 1.013
201703 0.744 243.801 1.019
201706 0.721 244.955 0.983
201709 1.595 246.819 2.158
201712 2.185 246.524 2.960
201803 1.939 249.554 2.595
201806 2.034 251.989 2.696
201809 2.089 252.439 2.764
201812 2.083 251.233 2.769
201903 2.142 254.202 2.814
201906 2.225 256.143 2.901
201909 2.743 256.759 3.568
201912 2.583 256.974 3.357
202003 2.611 258.115 3.378
202006 2.996 257.797 3.881
202009 3.118 260.280 4.001
202012 3.573 260.474 4.581
202103 3.701 264.877 4.666
202106 3.813 271.696 4.687
202109 4.050 274.310 4.931
202112 3.975 278.802 4.761
202203 4.099 287.504 4.761
202206 4.394 296.311 4.952
202209 4.401 296.808 4.952
202212 4.182 296.797 4.706
202303 4.307 301.836 4.765
202306 6.104 305.109 6.681
202309 6.338 307.789 6.877
202312 6.534 306.746 7.114
202403 6.838 312.332 7.311
202406 7.073 314.175 7.518
202409 6.931 315.301 7.341
202412 7.175 315.605 7.592
202503 7.709 319.799 8.050
202506 7.895 322.561 8.174
202509 8.161 324.800 8.391
202512 8.323 324.054 8.577
202603 8.782 330.213 8.881
202606 8.726 333.952 8.726

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 4.33 mean?
Sky ICT PCL (BKK:SKY-R) has a Cyclically Adjusted PB Ratio of 4.33 as of Aug. 26, 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 Sky ICT PCL and its competitors. This is 21% below median its historical median of 5.51. Over the past decade, Sky ICT PCL's Cyclically Adjusted PB Ratio has ranged from 2.33 to 13.83. According to the industry distribution chart, Sky ICT PCL ranks #988 out of 1499 companies in the Software industry, placing it in the top 65.9%.
Is Sky ICT PCL's Cyclically Adjusted PB Ratio too high?
Sky ICT PCL's current Cyclically Adjusted PB Ratio of 4.33 is 21% below median its 10-year median of 5.51. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 13.83. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Sky ICT PCL's value of 4.33 is 87.4% above this industry median. Based on the distribution chart, Sky ICT PCL ranks #988 out of 1499 companies in the Software industry, which is below the industry midpoint. Overall, Sky ICT PCL has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sky ICT PCL's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Sky ICT PCL ranks #988 out of 1499 companies for Cyclically Adjusted PB Ratio. This places Sky ICT PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Sky ICT PCL's value of 4.33 is 87.4% above this benchmark. Historically, Sky ICT PCL's own Cyclically Adjusted PB Ratio has ranged from 2.33 to 13.83 over the past decade. While the company's 10-year median is 5.51 vs. the industry median of 2.31, Sky ICT 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,499 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. Sky ICT PCL's current Cyclically Adjusted PB Ratio of 4.33 is 87.4% 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 Sky ICT PCL and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky ICT PCL's current Cyclically Adjusted PB Ratio is 4.33, which is 21% below median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky ICT PCL stock overvalued right now?
Based on GuruFocus' analysis, Sky ICT PCL (BKK:SKY-R) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿33.70, compared to a current price of ฿17.77 — trading 47.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.33, which is 21% below median its 10-year median of 5.51 and 87.4% above the Software industry median of 2.31. Sky ICT PCL's overall GF Score™ is 73/100 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 Sky ICT PCL (BKK:SKY-R), the current Cyclically Adjusted PB Ratio is 4.33 as of Aug. 26, 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 Sky ICT PCL (BKK:SKY-R) Overvalued in 2026?

Based on GuruFocus' analysis, Sky ICT PCL stock appears to be undervalued. The current stock price of ฿17.77 is trading 47.3% below its estimated GF Value™ of ฿33.70. GuruFocus considers Sky ICT PCL to be Significantly Undervalued.

Key valuation signals for BKK:SKY-R:

  • Cyclically Adjusted PB Ratio: 4.33 (21% below median its 10-year median of 5.51)
  • GF Value™: ฿33.70 vs. price of ฿17.77 (47.3% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 87.4% above the Software median (#988 of 1499)

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


Sky ICT PCL Business Description

Other Exchanges SKY:Thailand
Address Ratchadaphisek Road, 55, A.A. Capital Ratchada Building, 6 th - 7 th Floor, Dindaeng, Dindaeng, Bangkok, THA, 10400
Sky ICT PCL operates in the business of information and communication technology (ICT) and system integration (SI), covering the service provision of consultation, design, installation, maintenance, procurement, and distribution of products and equipment related to the information and communication technology and system integration. Its segments are system integration service business and sale and service business. Its majority of the revenue is derived from sale and service business.
73GF Score

Get the complete analysis for BKK:SKY-R

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

฿17.77
Price
฿33.70
GF Value