S & P Syndicate PCL (BKK:SNP-R) Cyclically Adjusted PB Ratio: 1.52 (As of Jul. 03, 2026) — 48% Below Median


BKK:SNP-R S & P Syndicate PCL BKK:SNP-R
71 GF Score
Price ฿9.45
GF Value ฿11.05
! 4 Warning Signs
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What is S & P Syndicate PCL Cyclically Adjusted PB Ratio?

S & P Syndicate PCL BKK:SNP-R 71 Cyclically Adjusted PB Ratio is 1.52 as of Jul. 03, 2026, which is 48% below its 10-year median of 2.95. GuruFocus rates BKK:SNP-R with a GF Score™ of 71/100 and a GF Value™ of ฿11.05. The stock has 4 warning signs investors should review. Among 253 Restaurants companies, S & P Syndicate PCL ranks better than 56.52% on this metric.

As of today (2026-07-03), S & P Syndicate PCL's current share price is ฿9.45. S & P Syndicate PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿6.22. S & P Syndicate PCL's Cyclically Adjusted PB Ratio for today is 1.52.

The historical rank and industry rank for S & P Syndicate PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:SNP-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.95   Max: 5.8
Current: 1.5

During the past years, S & P Syndicate PCL's highest Cyclically Adjusted PB Ratio was 5.80. The lowest was 1.49. And the median was 2.95.

BKK:SNP-R's Cyclically Adjusted PB Ratio is ranked better than
56.52% of 253 companies
in the Restaurants industry
Industry Median: 1.85 vs BKK:SNP-R: 1.50

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.

S & P Syndicate PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿5.068. 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 ฿6.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


S & P Syndicate PCL  (BKK:SNP-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.


S & P Syndicate PCL Cyclically Adjusted PB Ratio Related Terms


S & P Syndicate PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for S & P Syndicate 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.

S & P Syndicate PCL Cyclically Adjusted PB Ratio Chart

S & P Syndicate 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 3.05 3.27 2.89 1.92 1.67

S & P Syndicate 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 1.94 1.66 1.67 1.67 1.52

BKK:SNP-R vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, S & P Syndicate 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.


S & P Syndicate PCL Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, S & P Syndicate PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where S & P Syndicate PCL's Cyclically Adjusted PB Ratio falls into.


BKK:SNP-R
71GF Score
S & P Syndicate PCL BKK:SNP-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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S & P Syndicate 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.

S & P Syndicate PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.45/6.22
=1.52

* 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.

S & P Syndicate PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, S & P Syndicate 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)
=5.068/330.2130*330.2130
=5.068

Current CPI (Mar. 2026) = 330.2130.

S & P Syndicate PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.447 241.018 6.093
201609 4.586 241.428 6.272
201612 4.754 241.432 6.502
201703 4.931 243.801 6.679
201706 4.388 244.955 5.915
201709 4.611 246.819 6.169
201712 5.132 246.524 6.874
201803 5.301 249.554 7.014
201806 4.671 251.989 6.121
201809 4.910 252.439 6.423
201812 5.141 251.233 6.757
201903 5.297 254.202 6.881
201906 4.685 256.143 6.040
201909 4.907 256.759 6.311
201912 5.077 256.974 6.524
202003 4.952 258.115 6.335
202006 4.326 257.797 5.541
202009 4.626 260.280 5.869
202012 4.811 260.474 6.099
202103 4.976 264.877 6.203
202106 4.817 271.696 5.854
202109 4.965 274.310 5.977
202112 5.039 278.802 5.968
202203 5.207 287.504 5.981
202206 4.786 296.311 5.334
202209 4.998 296.808 5.561
202212 5.274 296.797 5.868
202303 5.477 301.836 5.992
202306 4.982 305.109 5.392
202309 5.050 307.789 5.418
202312 5.290 306.746 5.695
202403 5.472 312.332 5.785
202406 4.891 314.175 5.141
202409 5.011 315.301 5.248
202412 5.253 315.605 5.496
202503 5.323 319.799 5.496
202506 4.675 322.561 4.786
202509 4.780 324.800 4.860
202512 4.986 324.054 5.081
202603 5.068 330.213 5.068

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 1.52 mean?
S & P Syndicate PCL (BKK:SNP-R) has a Cyclically Adjusted PB Ratio of 1.52 as of Jul. 03, 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 S & P Syndicate PCL and its competitors. This is 48% below median its historical median of 2.95. Over the past decade, S & P Syndicate PCL's Cyclically Adjusted PB Ratio has ranged from 1.49 to 5.80. According to the industry distribution chart, S & P Syndicate PCL ranks #110 out of 253 companies in the Restaurants industry, placing it in the top 43.5%.
Is S & P Syndicate PCL's Cyclically Adjusted PB Ratio too high?
S & P Syndicate PCL's current Cyclically Adjusted PB Ratio of 1.52 is 48% below median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 5.80. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.85. S & P Syndicate PCL's value of 1.52 is 17.8% below this industry median. Based on the distribution chart, S & P Syndicate PCL ranks #110 out of 253 companies in the Restaurants industry, which is above the industry midpoint. Overall, S & P Syndicate PCL has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does S & P Syndicate PCL's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, S & P Syndicate PCL ranks #110 out of 253 companies for Cyclically Adjusted PB Ratio. This puts S & P Syndicate PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.85. S & P Syndicate PCL's value of 1.52 is 17.8% below this benchmark. Historically, S & P Syndicate PCL's own Cyclically Adjusted PB Ratio has ranged from 1.49 to 5.80 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 1.85, S & P Syndicate 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.85, based on 253 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. S & P Syndicate PCL's current Cyclically Adjusted PB Ratio of 1.52 is 17.8% 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 S & P Syndicate PCL and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S & P Syndicate PCL's current Cyclically Adjusted PB Ratio is 1.52, which is 48% below median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S & P Syndicate PCL stock overvalued right now?
S & P Syndicate PCL (BKK:SNP-R) has a current Cyclically Adjusted PB Ratio of 1.52. The stock's GF Value™ is ฿11.05, compared to a current price of ฿9.45 — trading 14.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.52, which is 48% below median its 10-year median of 2.95 and 17.8% below the Restaurants industry median of 1.85. S & P Syndicate PCL's overall GF Score™ is 71/100 with 4 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 S & P Syndicate PCL (BKK:SNP-R), the current Cyclically Adjusted PB Ratio is 1.52 as of Jul. 03, 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 S & P Syndicate PCL (BKK:SNP-R) Overvalued in 2026?

Based on GuruFocus' analysis, S & P Syndicate PCL stock appears to be undervalued. The current stock price of ฿9.45 is trading 14.5% below its estimated GF Value™ of ฿11.05.

Key valuation signals for BKK:SNP-R:

  • Cyclically Adjusted PB Ratio: 1.52 (48% below median its 10-year median of 2.95)
  • GF Value™: ฿11.05 vs. price of ฿9.45 (14.5% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 17.8% below the Restaurants median (#110 of 253)

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


S & P Syndicate PCL Business Description

Other Exchanges SNP:Thailand
Address New Petchburi Road, No 2034/100-103, 23 Floor, Italthai Tower, Bangkapi, Huaykwang, Bangkok, THA, 10310
S & P Syndicate PCL is engaged in the operations of a nationwide and international chain of restaurants and bakery shops, the production of bakery, frozen foods and other food products and food service-related businesses such as outside catering. Its products under Bakery include Pound Cake, Packaged Cake, Frozen Cake, Pastry, Sandwich and Bread, Cookies, Moon Cake, Thai Dessert, and Snack; Food Product include Thai Food, Frozen Quick Meal, Jelio Jelly, International Food, and Healthy Food; and Beverage Product include Coffee and Tea Bluecup, Drink Bottled Beverages, Fruit Juice, Fruit Juice (UHT), and Smoothie. Its segments include Domestic restaurants and bakery shops, Domestic Packaged food and bakery trading business, Overseas restaurants, and Others.
71GF Score

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

฿9.45
Price
฿11.05
GF Value