Salee Printing PCL (BKK:SLP) Cyclically Adjusted PB Ratio: 0.53 (As of Jul. 27, 2026) — 18% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BKK:SLP Salee Printing PCL BKK:SLP
50 GF Score
Price ฿0.48
GF Value ฿0.46
Valuation Fairly Valued
! 2 Warning Signs
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What is Salee Printing PCL Cyclically Adjusted PB Ratio?

Salee Printing PCL BKK:SLP 50 Cyclically Adjusted PB Ratio is 0.53 as of Jul. 27, 2026, which is 18% above its 10-year median of 0.45. GuruFocus rates BKK:SLP with a GF Score™ of 50/100 and a GF Value™ of ฿0.46 (Fairly Valued). The stock has 2 warning signs investors should review. Among 729 Business Services companies, Salee Printing PCL ranks better than 82.44% on this metric.

As of today (2026-07-27), Salee Printing PCL's current share price is ฿0.48. Salee Printing PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.90. Salee Printing PCL's Cyclically Adjusted PB Ratio for today is 0.53.

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

BKK:SLP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.45   Max: 0.62
Current: 0.53

During the past years, Salee Printing PCL's highest Cyclically Adjusted PB Ratio was 0.62. The lowest was 0.37. And the median was 0.45.

BKK:SLP's Cyclically Adjusted PB Ratio is ranked better than
82.44% of 729 companies
in the Business Services industry
Industry Median: 1.56 vs BKK:SLP: 0.53

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.

Salee Printing PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿0.751. 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 ฿0.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Salee Printing PCL  (BKK:SLP) 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.


Salee Printing PCL Cyclically Adjusted PB Ratio Related Terms


Salee Printing PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Salee Printing 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.

Salee Printing PCL Cyclically Adjusted PB Ratio Chart

Salee Printing 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 0.00 0.48 0.40

Salee Printing 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 0.44 0.45 0.48 0.40 0.46

BKK:SLP vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Salee Printing 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.


Salee Printing PCL Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Salee Printing PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SLP
50GF Score
Salee Printing PCL BKK:SLP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Salee Printing 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.

Salee Printing PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.48/0.90
=0.53

* 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.

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

For example, Salee Printing 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)
=0.751/330.2130*330.2130
=0.751

Current CPI (Mar. 2026) = 330.2130.

Salee Printing PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.820 241.018 1.123
201609 0.813 241.428 1.112
201612 0.826 241.432 1.130
201703 0.839 243.801 1.136
201706 0.816 244.955 1.100
201709 0.805 246.819 1.077
201712 0.809 246.524 1.084
201803 0.819 249.554 1.084
201806 0.810 251.989 1.061
201809 0.807 252.439 1.056
201812 0.805 251.233 1.058
201903 0.798 254.202 1.037
201906 0.784 256.143 1.011
201909 0.777 256.759 0.999
201912 0.758 256.974 0.974
202003 0.758 258.115 0.970
202006 0.753 257.797 0.965
202009 0.749 260.280 0.950
202012 0.739 260.474 0.937
202103 0.736 264.877 0.918
202106 0.731 271.696 0.888
202109 0.725 274.310 0.873
202112 0.707 278.802 0.837
202203 0.711 287.504 0.817
202206 0.705 296.311 0.786
202209 0.693 296.808 0.771
202212 0.672 296.797 0.748
202303 0.665 301.836 0.728
202306 0.660 305.109 0.714
202309 0.654 307.789 0.702
202312 0.659 306.746 0.709
202403 0.674 312.332 0.713
202406 0.680 314.175 0.715
202409 0.688 315.301 0.721
202412 0.709 315.605 0.742
202503 0.719 319.799 0.742
202506 0.725 322.561 0.742
202509 0.730 324.800 0.742
202512 0.741 324.054 0.755
202603 0.751 330.213 0.751

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 0.53 mean?
Salee Printing PCL (BKK:SLP) has a Cyclically Adjusted PB Ratio of 0.53 as of Jul. 27, 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 Salee Printing PCL and its competitors. This is 18% above median its historical median of 0.45. Over the past decade, Salee Printing PCL's Cyclically Adjusted PB Ratio has ranged from 0.37 to 0.62. According to the industry distribution chart, Salee Printing PCL ranks #128 out of 729 companies in the Business Services industry, placing it in the top 17.6%.
Is Salee Printing PCL's Cyclically Adjusted PB Ratio too high?
Salee Printing PCL's current Cyclically Adjusted PB Ratio of 0.53 is 18% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.62. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Salee Printing PCL's value of 0.53 is 66% below this industry median. Based on the distribution chart, Salee Printing PCL ranks #128 out of 729 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Salee Printing PCL has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Salee Printing PCL's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Salee Printing PCL ranks #128 out of 729 companies for Cyclically Adjusted PB Ratio. This places Salee Printing PCL in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.56. Salee Printing PCL's value of 0.53 is 66% below this benchmark. Historically, Salee Printing PCL's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 0.62 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 1.56, Salee Printing 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 729 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. Salee Printing PCL's current Cyclically Adjusted PB Ratio of 0.53 is 66% 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 Salee Printing PCL and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salee Printing PCL's current Cyclically Adjusted PB Ratio is 0.53, which is 18% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salee Printing PCL stock overvalued right now?
Based on GuruFocus' analysis, Salee Printing PCL (BKK:SLP) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.46, compared to a current price of ฿0.48 — trading 4.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.53, which is 18% above median its 10-year median of 0.45 and 66% below the Business Services industry median of 1.56. Salee Printing PCL's overall GF Score™ is 50/100 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 Salee Printing PCL (BKK:SLP), the current Cyclically Adjusted PB Ratio is 0.53 as of Jul. 27, 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 Salee Printing PCL (BKK:SLP) Overvalued in 2026?

Based on GuruFocus' analysis, Salee Printing PCL stock appears to be overvalued. The current stock price of ฿0.48 is trading 4.3% above its estimated GF Value™ of ฿0.46. GuruFocus considers Salee Printing PCL to be Fairly Valued.

Key valuation signals for BKK:SLP:

  • Cyclically Adjusted PB Ratio: 0.53 (18% above median its 10-year median of 0.45)
  • GF Value™: ฿0.46 vs. price of ฿0.48 (4.3% above fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 66% below the Business Services median (#128 of 729)

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


Salee Printing PCL Business Description

Address No. 19 Moo 10, Tumbol Klong Si, Klong 4, Amphur Klong Luang, Pathumthani, THA, 12120
Salee Printing PCL is engaged in label printing for products. The company provides packaging solutions for Home & Personal Care, Health Care, Food, Beverages and Specialty labels. It operates in single segment of label printing in Thailand and also has operations in Myanmar.
50GF Score

Get the complete analysis for BKK:SLP

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

฿0.48
Price
฿0.46
GF Value