SPT X PCL (BKK:SPTX-R) Cyclically Adjusted PB Ratio: 1.00 (As of Jun. 29, 2026) — 400% Above Median


What is SPT X PCL Cyclically Adjusted PB Ratio?

SPT X PCL BKK:SPTX-R Cyclically Adjusted PB Ratio is 1.00 as of Jun. 29, 2026, which is 400% above its 10-year median of 0.20. The stock has 2 warning signs investors should review. Among 1,594 Software companies, SPT X PCL ranks better than 79.55% on this metric.

As of today (2026-06-29), SPT X PCL's current share price is ฿0.01. SPT X PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.01. SPT X PCL's Cyclically Adjusted PB Ratio for today is 1.00.

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

BKK:SPTX-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.2   Max: 1.29
Current: 0.79

During the past years, SPT X PCL's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.04. And the median was 0.20.

BKK:SPTX-R's Cyclically Adjusted PB Ratio is ranked better than
79.55% of 1594 companies
in the Software industry
Industry Median: 2.26 vs BKK:SPTX-R: 0.79

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.

SPT X PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿0.001. 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 ฿0.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPT X PCL  (BKK:SPTX-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.


SPT X PCL Cyclically Adjusted PB Ratio Related Terms


SPT X PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SPT X 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.

SPT X PCL Cyclically Adjusted PB Ratio Chart

SPT X 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 0.58 0.53 0.25 0.42 0.69

SPT X 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 0.47 0.53 0.60 0.69 0.79

BKK:SPTX-R vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, SPT X 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.


SPT X PCL Cyclically Adjusted PB Ratio vs Software Industry

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

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



SPT X 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.

SPT X PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.01/0.01
=1.00

* 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.

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

For example, SPT X 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)
=0.001/330.2130*330.2130
=0.001

Current CPI (Mar. 2026) = 330.2130.

SPT X PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.011 241.018 0.015
201609 0.011 241.428 0.015
201612 0.004 241.432 0.005
201703 0.003 243.801 0.004
201706 0.001 244.955 0.001
201709 0.000 246.819 0.000
201712 0.001 246.524 0.001
201803 0.000 249.554 0.000
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.001 251.233 0.001
201903 0.000 254.202 0.000
201906 0.002 256.143 0.003
201909 0.002 256.759 0.003
201912 0.002 256.974 0.003
202003 0.002 258.115 0.003
202006 0.002 257.797 0.003
202009 0.002 260.280 0.003
202012 0.002 260.474 0.003
202103 0.002 264.877 0.002
202106 0.002 271.696 0.002
202109 0.002 274.310 0.002
202112 0.002 278.802 0.002
202203 0.002 287.504 0.002
202206 0.002 296.311 0.002
202209 0.002 296.808 0.002
202212 0.003 296.797 0.003
202303 0.002 301.836 0.002
202306 0.002 305.109 0.002
202309 0.002 307.789 0.002
202312 0.002 306.746 0.002
202403 0.001 312.332 0.001
202406 0.002 314.175 0.002
202409 0.002 315.301 0.002
202412 0.001 315.605 0.001
202503 0.001 319.799 0.001
202506 0.001 322.561 0.001
202509 0.001 324.800 0.001
202512 0.001 324.054 0.001
202603 0.001 330.213 0.001

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 1.00 mean?
SPT X PCL (BKK:SPTX-R) has a Cyclically Adjusted PB Ratio of 1.00 as of Jun. 29, 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 SPT X PCL and its competitors. This is 400% above median its historical median of 0.20. Over the past decade, SPT X PCL's Cyclically Adjusted PB Ratio has ranged from 0.04 to 1.29. According to the industry distribution chart, SPT X PCL ranks #326 out of 1594 companies in the Software industry, placing it in the top 20.5%.
Is SPT X PCL's Cyclically Adjusted PB Ratio too high?
SPT X PCL's current Cyclically Adjusted PB Ratio of 1.00 is 400% above median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.29. The Software industry median Cyclically Adjusted PB Ratio is 2.26. SPT X PCL's value of 1.00 is 55.8% below this industry median. Based on the distribution chart, SPT X PCL ranks #326 out of 1594 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does SPT X PCL's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, SPT X PCL ranks #326 out of 1594 companies for Cyclically Adjusted PB Ratio. This places SPT X PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.26. SPT X PCL's value of 1.00 is 55.8% below this benchmark. Historically, SPT X PCL's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 1.29 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 2.26, SPT X 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.26, based on 1,594 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. SPT X PCL's current Cyclically Adjusted PB Ratio of 1.00 is 55.8% 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 SPT X PCL and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPT X PCL's current Cyclically Adjusted PB Ratio is 1.00, which is 400% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPT X PCL stock overvalued right now?
SPT X PCL (BKK:SPTX-R) has a current Cyclically Adjusted PB Ratio of 1.00. The current Cyclically Adjusted PB Ratio is 1.00, which is 400% above median its 10-year median of 0.20 and 55.8% below the Software industry median of 2.26. 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 SPT X PCL (BKK:SPTX-R), the current Cyclically Adjusted PB Ratio is 1.00 as of Jun. 29, 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.

SPT X PCL Business Description

Other Exchanges SPTX:Thailand
Address Rama 4 Road, 944 Samyan Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330
SPT X PCL, formerly known as News Network Corp PCL, engages in the business activities of the securities business. The principal business of the Company is investing in securities business and investment learning academy. The various segment of the company includes segment of investing in securities business and academy business; segment of Securities which includes the securities brokerage for investment units and securities brokerage and derivatives brokerage and segment of investment learning academy related to securities, derivatives, and other, and selling books related to invest.