Sahakol Equipment PCL (BKK:SQ) Cyclically Adjusted PB Ratio: 0.06 (As of Aug. 19, 2026) — 45% Below Median

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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.
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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:SQ Sahakol Equipment PCL BKK:SQ
24 GF Score
Price ฿0.17
GF Value ฿0.48
Valuation Possible Value Trap
! 5 Warning Signs
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What is Sahakol Equipment PCL Cyclically Adjusted PB Ratio?

Sahakol Equipment PCL BKK:SQ 24 Cyclically Adjusted PB Ratio is 0.06 as of Aug. 19, 2026, which is 45% below its 10-year median of 0.11. GuruFocus rates BKK:SQ with a GF Score™ of 24/100 and a GF Value™ of ฿0.48 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,299 Construction companies, Sahakol Equipment PCL ranks better than 98.54% on this metric.

As of today (2026-08-19), Sahakol Equipment PCL's current share price is ฿0.17. Sahakol Equipment PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿2.63. Sahakol Equipment PCL's Cyclically Adjusted PB Ratio for today is 0.06.

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

BKK:SQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.11   Max: 0.17
Current: 0.06

During the past years, Sahakol Equipment PCL's highest Cyclically Adjusted PB Ratio was 0.17. The lowest was 0.06. And the median was 0.11.

BKK:SQ's Cyclically Adjusted PB Ratio is ranked better than
98.54% of 1299 companies
in the Construction industry
Industry Median: 1.15 vs BKK:SQ: 0.06

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.

Sahakol Equipment PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿1.440. 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 ฿2.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sahakol Equipment PCL  (BKK:SQ) 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.


Sahakol Equipment PCL Cyclically Adjusted PB Ratio Related Terms


Sahakol Equipment PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sahakol Equipment 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.

Sahakol Equipment PCL Cyclically Adjusted PB Ratio Chart

Sahakol Equipment 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 0.00 0.15

Sahakol Equipment 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 0.00 0.00 0.17 0.15 0.10

BKK:SQ vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Sahakol Equipment 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.


Sahakol Equipment PCL Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Sahakol Equipment PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SQ
24GF Score
Sahakol Equipment PCL BKK:SQ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sahakol Equipment 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.

Sahakol Equipment PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.17/2.63
=0.06

* 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.

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

For example, Sahakol Equipment 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)
=1.44/330.2130*330.2130
=1.440

Current CPI (Mar. 2026) = 330.2130.

Sahakol Equipment PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 1.992 241.432 2.725
201703 2.196 243.801 2.974
201706 2.297 244.955 3.096
201709 2.265 246.819 3.030
201712 2.282 246.524 3.057
201803 2.240 249.554 2.964
201806 2.068 251.989 2.710
201809 1.894 252.439 2.478
201812 1.908 251.233 2.508
201903 1.984 254.202 2.577
201906 2.035 256.143 2.623
201909 1.801 256.759 2.316
201912 1.902 256.974 2.444
202003 1.990 258.115 2.546
202006 2.032 257.797 2.603
202009 2.048 260.280 2.598
202012 2.115 260.474 2.681
202103 2.316 264.877 2.887
202106 2.281 271.696 2.772
202109 2.297 274.310 2.765
202112 2.330 278.802 2.760
202203 2.512 287.504 2.885
202206 2.495 296.311 2.780
202209 2.453 296.808 2.729
202212 2.518 296.797 2.801
202303 2.565 301.836 2.806
202306 2.490 305.109 2.695
202309 2.478 307.789 2.659
202312 2.521 306.746 2.714
202403 2.562 312.332 2.709
202406 2.491 314.175 2.618
202409 2.383 315.301 2.496
202412 2.423 315.605 2.535
202503 2.429 319.799 2.508
202506 2.384 322.561 2.441
202509 2.297 324.800 2.335
202512 1.773 324.054 1.807
202603 1.440 330.213 1.440

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 0.06 mean?
Sahakol Equipment PCL (BKK:SQ) has a Cyclically Adjusted PB Ratio of 0.06 as of Aug. 19, 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 Sahakol Equipment PCL and its competitors. This is 45% below median its historical median of 0.11. Over the past decade, Sahakol Equipment PCL's Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.17. According to the industry distribution chart, Sahakol Equipment PCL ranks #19 out of 1299 companies in the Construction industry, placing it in the top 1.5%.
Is Sahakol Equipment PCL's Cyclically Adjusted PB Ratio too high?
Sahakol Equipment PCL's current Cyclically Adjusted PB Ratio of 0.06 is 45% below median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.17. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Sahakol Equipment PCL's value of 0.06 is 94.8% below this industry median. Based on the distribution chart, Sahakol Equipment PCL ranks #19 out of 1299 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Sahakol Equipment PCL has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sahakol Equipment PCL's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Sahakol Equipment PCL ranks #19 out of 1299 companies for Cyclically Adjusted PB Ratio. This places Sahakol Equipment PCL in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.15. Sahakol Equipment PCL's value of 0.06 is 94.8% below this benchmark. Historically, Sahakol Equipment PCL's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.17 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 1.15, Sahakol Equipment 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.15, based on 1,299 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. Sahakol Equipment PCL's current Cyclically Adjusted PB Ratio of 0.06 is 94.8% 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 Sahakol Equipment PCL and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahakol Equipment PCL's current Cyclically Adjusted PB Ratio is 0.06, which is 45% below median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahakol Equipment PCL stock overvalued right now?
Based on GuruFocus' analysis, Sahakol Equipment PCL (BKK:SQ) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.48, compared to a current price of ฿0.17 — trading 64.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.06, which is 45% below median its 10-year median of 0.11 and 94.8% below the Construction industry median of 1.15. Sahakol Equipment PCL's overall GF Score™ is 24/100 with 5 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 Sahakol Equipment PCL (BKK:SQ), the current Cyclically Adjusted PB Ratio is 0.06 as of Aug. 19, 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 Sahakol Equipment PCL (BKK:SQ) Overvalued in 2026?

Based on GuruFocus' analysis, Sahakol Equipment PCL stock appears to be undervalued. The current stock price of ฿0.17 is trading 64.6% below its estimated GF Value™ of ฿0.48. GuruFocus considers Sahakol Equipment PCL to be Possible Value Trap.

Key valuation signals for BKK:SQ:

  • Cyclically Adjusted PB Ratio: 0.06 (45% below median its 10-year median of 0.11)
  • GF Value™: ฿0.48 vs. price of ฿0.17 (64.6% below fair value)
  • GF Score™: 24/100 with 5 warning signs
  • Industry Position: 94.8% below the Construction median (#19 of 1299)

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


Sahakol Equipment PCL Business Description

Address 4 Vibhavadee - Rangsit Road, 47/10 Soi Amornphan, Lardyao Sub District, Chatuchak District, Bangkok, THA, 10900
Sahakol Equipment PCL is principally engaged in construction services, overburden, and lignite removal services. The company operates in Thailand and Laos.
24GF Score

Get the complete analysis for BKK:SQ

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

฿0.17
Price
฿0.48
GF Value