Sahamitr Pressure Container PCL (BKK:SMPC) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SMPC Sahamitr Pressure Container PCL BKK:SMPC
77 GF Score
Price ฿9.55
GF Value ฿8.62
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Sahamitr Pressure Container PCL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sahamitr Pressure Container PCL  (BKK:SMPC) 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.


Sahamitr Pressure Container PCL Cyclically Adjusted PB Ratio Related Terms


Sahamitr Pressure Container PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sahamitr Pressure Container 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.

Sahamitr Pressure Container PCL Cyclically Adjusted PB Ratio Chart

Sahamitr Pressure Container 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 4.18 3.78 2.44 2.12 1.80

Sahamitr Pressure Container 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 1.86 1.97 1.89 1.91 1.82

BKK:SMPC vs SW, AMCR, PKG: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Sahamitr Pressure Container 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.


Sahamitr Pressure Container PCL Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sahamitr Pressure Container PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sahamitr Pressure Container PCL's Cyclically Adjusted PB Ratio falls into.


BKK:SMPC
77GF Score
Sahamitr Pressure Container PCL BKK:SMPC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sahamitr Pressure Container 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.

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

For example, Sahamitr Pressure Container 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)
=6.555/333.9520*333.9520
=6.555

Current CPI (Jun. 2026) = 333.9520.

Sahamitr Pressure Container PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.221 241.428 3.072
201612 2.446 241.432 3.383
201703 2.331 243.801 3.193
201706 2.558 244.955 3.487
201709 2.591 246.819 3.506
201712 2.874 246.524 3.893
201803 2.745 249.554 3.673
201806 3.071 251.989 4.070
201809 3.093 252.439 4.092
201812 3.290 251.233 4.373
201903 3.119 254.202 4.098
201906 3.346 256.143 4.362
201909 3.275 256.759 4.260
201912 3.421 256.974 4.446
202003 3.513 258.115 4.545
202006 3.853 257.797 4.991
202009 3.820 260.280 4.901
202012 4.025 260.474 5.160
202103 3.809 264.877 4.802
202106 4.134 271.696 5.081
202109 4.096 274.310 4.987
202112 4.604 278.802 5.515
202203 4.675 287.504 5.430
202206 5.126 296.311 5.777
202209 4.882 296.808 5.493
202212 5.080 296.797 5.716
202303 4.770 301.836 5.278
202306 5.023 305.109 5.498
202309 4.970 307.789 5.392
202312 5.164 306.746 5.622
202403 5.242 312.332 5.605
202406 5.610 314.175 5.963
202409 5.398 315.301 5.717
202412 5.670 315.605 6.000
202503 5.671 319.799 5.922
202506 6.059 322.561 6.273
202509 5.897 324.800 6.063
202512 6.120 324.054 6.307
202603 6.132 330.213 6.201
202606 6.555 333.952 6.555

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.

Is Sahamitr Pressure Container PCL (BKK:SMPC) Overvalued in 2026?

Based on GuruFocus' analysis, Sahamitr Pressure Container PCL stock appears to be overvalued. The current stock price of ฿9.55 is trading 10.8% above its estimated GF Value™ of ฿8.62. GuruFocus considers Sahamitr Pressure Container PCL to be Modestly Overvalued.

Key valuation signals for BKK:SMPC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ฿8.62 vs. price of ฿9.55 (10.8% above fair value)
  • GF Score™: 77/100 with 5 warning signs

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


Sahamitr Pressure Container PCL Business Description

Other Exchanges SMPC-R:Thailand
Address Bangkhunthien-Chaitalay Road, 92, Soi Thientalay 7, 4th Intersection, Samaedam, Bangkhunthien, Bangkok, THA, 10150
Sahamitr Pressure Container PCL is engaged in the manufacturing of LPG and other pressure cylinders for both domestic and export sales. Its product offerings include LPG cylinders, steel and aluminum forklift cylinders, refrigerant cylinders, chlorine cylinders, etc., and their related parts and components. The company also provides reconditioning services for pre-owned pressure vessels. Geographically, it generates maximum revenue from America, followed by Africa, Asia, and other markets.
77GF Score

Get the complete analysis for BKK:SMPC

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

฿9.55
Price
฿8.62
GF Value