Sahakol Equipment PCL (BKK:SQ-R) Cyclically Adjusted PB Ratio: (As of Aug. 26, 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:SQ-R Sahakol Equipment PCL BKK:SQ-R
29 GF Score
Price ฿0.17
GF Value ฿0.51
Valuation Possible Value Trap
! 5 Warning Signs
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What is Sahakol Equipment PCL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sahakol Equipment PCL  (BKK:SQ-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.


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
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 0.00 0.17 0.15 0.10 0.00

BKK:SQ-R 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-R
29GF Score
Sahakol Equipment PCL BKK:SQ-R
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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Sahakol Equipment 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)
=1.252/333.9520*333.9520
=1.252

Current CPI (Jun. 2026) = 333.9520.

Sahakol Equipment PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 1.992 241.432 2.755
201703 2.196 243.801 3.008
201706 2.297 244.955 3.132
201709 2.265 246.819 3.065
201712 2.282 246.524 3.091
201803 2.240 249.554 2.998
201806 2.068 251.989 2.741
201809 1.894 252.439 2.506
201812 1.908 251.233 2.536
201903 1.984 254.202 2.606
201906 2.035 256.143 2.653
201909 1.801 256.759 2.342
201912 1.902 256.974 2.472
202003 1.990 258.115 2.575
202006 2.032 257.797 2.632
202009 2.048 260.280 2.628
202012 2.115 260.474 2.712
202103 2.316 264.877 2.920
202106 2.281 271.696 2.804
202109 2.297 274.310 2.796
202112 2.330 278.802 2.791
202203 2.512 287.504 2.918
202206 2.495 296.311 2.812
202209 2.453 296.808 2.760
202212 2.518 296.797 2.833
202303 2.565 301.836 2.838
202306 2.490 305.109 2.725
202309 2.478 307.789 2.689
202312 2.521 306.746 2.745
202403 2.562 312.332 2.739
202406 2.491 314.175 2.648
202409 2.383 315.301 2.524
202412 2.423 315.605 2.564
202503 2.429 319.799 2.536
202506 2.384 322.561 2.468
202509 2.297 324.800 2.362
202512 1.773 324.054 1.827
202603 1.440 330.213 1.456
202606 1.252 333.952 1.252

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 Sahakol Equipment PCL (BKK:SQ-R) Overvalued in 2026?

Based on GuruFocus' analysis, Sahakol Equipment PCL stock appears to be undervalued. The current stock price of ฿0.17 is trading 66.7% below its estimated GF Value™ of ฿0.51. GuruFocus considers Sahakol Equipment PCL to be Possible Value Trap.

Key valuation signals for BKK:SQ-R:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ฿0.51 vs. price of ฿0.17 (66.7% below fair value)
  • GF Score™: 29/100 with 5 warning signs

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


Sahakol Equipment PCL Business Description

Other Exchanges SQ:Thailand
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.
29GF Score

Get the complete analysis for BKK:SQ-R

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

฿0.17
Price
฿0.51
GF Value