Siamraj PCL (BKK:SR) Cyclically Adjusted PB Ratio: 0.24 (As of Aug. 29, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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BKK:SR Siamraj PCL BKK:SR
32 GF Score
Price ฿0.40
GF Value ฿0.43
Valuation Fairly Valued
! 5 Warning Signs
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What is Siamraj PCL Cyclically Adjusted PB Ratio?

Siamraj PCL BKK:SR 32 Cyclically Adjusted PB Ratio is 0.24 as of Aug. 29, 2026, which is 4% below its 10-year median of 0.25. GuruFocus rates BKK:SR with a GF Score™ of 32/100 and a GF Value™ of ฿0.43 (Fairly Valued). The stock has 5 warning signs investors should review. Among 425 Conglomerates companies, Siamraj PCL ranks better than 87.06% on this metric.

As of today (2026-08-29), Siamraj PCL's current share price is ฿0.40. Siamraj PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿1.64. Siamraj PCL's Cyclically Adjusted PB Ratio for today is 0.24.

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

BKK:SR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.25   Max: 0.4
Current: 0.24

During the past years, Siamraj PCL's highest Cyclically Adjusted PB Ratio was 0.40. The lowest was 0.16. And the median was 0.25.

BKK:SR's Cyclically Adjusted PB Ratio is ranked better than
87.06% of 425 companies
in the Conglomerates industry
Industry Median: 1.01 vs BKK:SR: 0.24

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.

Siamraj PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿0.917. 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 ฿1.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siamraj PCL  (BKK:SR) 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.


Siamraj PCL Cyclically Adjusted PB Ratio Related Terms


Siamraj PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Siamraj 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.

Siamraj PCL Cyclically Adjusted PB Ratio Chart

Siamraj 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 0.34 0.23

Siamraj 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 0.26 0.28 0.23 0.20 0.19

BKK:SR vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Siamraj 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.


Siamraj PCL Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


BKK:SR
32GF Score
Siamraj PCL BKK:SR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siamraj 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.40/1.64
=0.24

* 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.

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

For example, Siamraj 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)
=0.917/333.9520*333.9520
=0.917

Current CPI (Jun. 2026) = 333.9520.

Siamraj PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.579 241.428 2.184
201612 1.578 241.432 2.183
201703 1.552 243.801 2.126
201706 1.484 244.955 2.023
201709 1.494 246.819 2.021
201712 1.705 246.524 2.310
201803 1.700 249.554 2.275
201806 1.680 251.989 2.226
201809 1.673 252.439 2.213
201812 1.738 251.233 2.310
201903 1.732 254.202 2.275
201906 1.662 256.143 2.167
201909 1.673 256.759 2.176
201912 1.694 256.974 2.201
202003 1.652 258.115 2.137
202006 1.604 257.797 2.078
202009 1.458 260.280 1.871
202012 1.470 260.474 1.885
202103 1.441 264.877 1.817
202106 1.413 271.696 1.737
202109 1.341 274.310 1.633
202112 1.272 278.802 1.524
202203 1.266 287.504 1.471
202206 1.262 296.311 1.422
202209 1.279 296.808 1.439
202212 1.189 296.797 1.338
202303 1.176 301.836 1.301
202306 1.168 305.109 1.278
202309 1.121 307.789 1.216
202312 1.018 306.746 1.108
202403 0.961 312.332 1.028
202406 0.991 314.175 1.053
202409 0.986 315.301 1.044
202412 0.974 315.605 1.031
202503 0.954 319.799 0.996
202506 0.932 322.561 0.965
202509 0.912 324.800 0.938
202512 0.887 324.054 0.914
202603 0.877 330.213 0.887
202606 0.917 333.952 0.917

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 0.24 mean?
Siamraj PCL (BKK:SR) has a Cyclically Adjusted PB Ratio of 0.24 as of Aug. 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 Siamraj PCL and its competitors. This is near median its historical median of 0.25. Over the past decade, Siamraj PCL's Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.40. According to the industry distribution chart, Siamraj PCL ranks #55 out of 425 companies in the Conglomerates industry, placing it in the top 12.9%.
Is Siamraj PCL's Cyclically Adjusted PB Ratio too high?
Siamraj PCL's current Cyclically Adjusted PB Ratio of 0.24 is near median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.40. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. Siamraj PCL's value of 0.24 is 76.2% below this industry median. Based on the distribution chart, Siamraj PCL ranks #55 out of 425 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Siamraj PCL has a GF Score™ of 32/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siamraj PCL's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Siamraj PCL ranks #55 out of 425 companies for Cyclically Adjusted PB Ratio. This places Siamraj PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.01. Siamraj PCL's value of 0.24 is 76.2% below this benchmark. Historically, Siamraj PCL's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.40 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 1.01, Siamraj 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 425 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. Siamraj PCL's current Cyclically Adjusted PB Ratio of 0.24 is 76.2% 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 Siamraj PCL and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siamraj PCL's current Cyclically Adjusted PB Ratio is 0.24, which is near median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siamraj PCL stock overvalued right now?
Based on GuruFocus' analysis, Siamraj PCL (BKK:SR) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.43, compared to a current price of ฿0.40 — trading 7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.24, which is near median its 10-year median of 0.25 and 76.2% below the Conglomerates industry median of 1.01. Siamraj PCL's overall GF Score™ is 32/100 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 Siamraj PCL (BKK:SR), the current Cyclically Adjusted PB Ratio is 0.24 as of Aug. 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.

Is Siamraj PCL (BKK:SR) Overvalued in 2026?

Based on GuruFocus' analysis, Siamraj PCL stock appears to be undervalued. The current stock price of ฿0.40 is trading 7% below its estimated GF Value™ of ฿0.43. GuruFocus considers Siamraj PCL to be Fairly Valued.

Key valuation signals for BKK:SR:

  • Cyclically Adjusted PB Ratio: 0.24 (near median its 10-year median of 0.25)
  • GF Value™: ฿0.43 vs. price of ฿0.40 (7% below fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 76.2% below the Conglomerates median (#55 of 425)

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


Siamraj PCL Business Description

Address 289/9 Moo 10, Old Railway Road, Samrong, Phrapradaeng, Samutprakarn, THA, 10130
Siamraj PCL is engaged in various business activities. Along with its subsidiaries, the company operates in the following reportable segments: Industrial pumps, Natural gas metering and transmission systems, The Metering Pipeline Sales and Services Business Field of flow measurement business, and Other business, which includes 1) Alternative energy and 2) Parking building management. The majority of revenue is generated from the Industrial pumps segment.
32GF Score

Get the complete analysis for BKK:SR

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

฿0.40
Price
฿0.43
GF Value