Surapon Foods PCL (BKK:SSF) Cyclically Adjusted PB Ratio: 0.64 (As of Jul. 22, 2026) — 40% Below Median

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BKK:SSF Surapon Foods PCL BKK:SSF
63 GF Score
Price ฿5.10
GF Value ฿7.19
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Surapon Foods PCL Cyclically Adjusted PB Ratio?

Surapon Foods PCL BKK:SSF 63 Cyclically Adjusted PB Ratio is 0.64 as of Jul. 22, 2026, which is 40% below its 10-year median of 1.06. GuruFocus rates BKK:SSF with a GF Score™ of 63/100 and a GF Value™ of ฿7.19 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,441 Consumer Packaged Goods companies, Surapon Foods PCL ranks better than 75.85% on this metric.

As of today (2026-07-22), Surapon Foods PCL's current share price is ฿5.10. Surapon Foods PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿7.93. Surapon Foods PCL's Cyclically Adjusted PB Ratio for today is 0.64.

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

BKK:SSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.06   Max: 1.44
Current: 0.64

During the past years, Surapon Foods PCL's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.63. And the median was 1.06.

BKK:SSF's Cyclically Adjusted PB Ratio is ranked better than
75.85% of 1441 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs BKK:SSF: 0.64

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.

Surapon Foods PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿7.143. 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 ฿7.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Surapon Foods PCL  (BKK:SSF) 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.


Surapon Foods PCL Cyclically Adjusted PB Ratio Related Terms


Surapon Foods PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Surapon Foods 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.

Surapon Foods PCL Cyclically Adjusted PB Ratio Chart

Surapon Foods 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 1.23 1.17 1.00 0.85 0.64

Surapon Foods 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 0.70 0.71 0.68 0.64 0.65

BKK:SSF vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Surapon Foods 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.


Surapon Foods PCL Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Surapon Foods PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:SSF
63GF Score
Surapon Foods PCL BKK:SSF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Surapon Foods 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.10/7.93
=0.64

* 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.

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

For example, Surapon Foods 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)
=7.143/330.2130*330.2130
=7.143

Current CPI (Mar. 2026) = 330.2130.

Surapon Foods PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.424 241.018 8.801
201609 6.695 241.428 9.157
201612 6.720 241.432 9.191
201703 6.815 243.801 9.230
201706 6.597 244.955 8.893
201709 6.618 246.819 8.854
201712 6.396 246.524 8.567
201803 6.266 249.554 8.291
201806 6.124 251.989 8.025
201809 6.051 252.439 7.915
201812 6.056 251.233 7.960
201903 6.117 254.202 7.946
201906 5.725 256.143 7.381
201909 5.819 256.759 7.484
201912 5.985 256.974 7.691
202003 5.729 258.115 7.329
202006 5.952 257.797 7.624
202009 6.121 260.280 7.766
202012 6.343 260.474 8.041
202103 6.494 264.877 8.096
202106 6.742 271.696 8.194
202109 6.963 274.310 8.382
202112 7.171 278.802 8.493
202203 7.273 287.504 8.353
202206 6.757 296.311 7.530
202209 6.930 296.808 7.710
202212 6.924 296.797 7.704
202303 7.028 301.836 7.689
202306 6.660 305.109 7.208
202309 6.791 307.789 7.286
202312 6.926 306.746 7.456
202403 7.055 312.332 7.459
202406 7.059 314.175 7.419
202409 7.227 315.301 7.569
202412 7.219 315.605 7.553
202503 7.342 319.799 7.581
202506 7.224 322.561 7.395
202509 7.353 324.800 7.476
202512 7.077 324.054 7.212
202603 7.143 330.213 7.143

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 0.64 mean?
Surapon Foods PCL (BKK:SSF) has a Cyclically Adjusted PB Ratio of 0.64 as of Jul. 22, 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 Surapon Foods PCL and its competitors. This is 40% below median its historical median of 1.06. Over the past decade, Surapon Foods PCL's Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.44. According to the industry distribution chart, Surapon Foods PCL ranks #348 out of 1441 companies in the Consumer Packaged Goods industry, placing it in the top 24.1%.
Is Surapon Foods PCL's Cyclically Adjusted PB Ratio too high?
Surapon Foods PCL's current Cyclically Adjusted PB Ratio of 0.64 is 40% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.44. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Surapon Foods PCL's value of 0.64 is 49.6% below this industry median. Based on the distribution chart, Surapon Foods PCL ranks #348 out of 1441 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Surapon Foods PCL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Surapon Foods PCL's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Surapon Foods PCL ranks #348 out of 1441 companies for Cyclically Adjusted PB Ratio. This places Surapon Foods PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Surapon Foods PCL's value of 0.64 is 49.6% below this benchmark. Historically, Surapon Foods PCL's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.44 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.27, Surapon Foods 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.27, based on 1,441 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. Surapon Foods PCL's current Cyclically Adjusted PB Ratio of 0.64 is 49.6% 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 Surapon Foods PCL and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surapon Foods PCL's current Cyclically Adjusted PB Ratio is 0.64, which is 40% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surapon Foods PCL stock overvalued right now?
Based on GuruFocus' analysis, Surapon Foods PCL (BKK:SSF) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿7.19, compared to a current price of ฿5.10 — trading 29.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.64, which is 40% below median its 10-year median of 1.06 and 49.6% below the Consumer Packaged Goods industry median of 1.27. Surapon Foods PCL's overall GF Score™ is 63/100 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 Surapon Foods PCL (BKK:SSF), the current Cyclically Adjusted PB Ratio is 0.64 as of Jul. 22, 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 Surapon Foods PCL (BKK:SSF) Overvalued in 2026?

Based on GuruFocus' analysis, Surapon Foods PCL stock appears to be undervalued. The current stock price of ฿5.10 is trading 29.1% below its estimated GF Value™ of ฿7.19. GuruFocus considers Surapon Foods PCL to be Modestly Undervalued.

Key valuation signals for BKK:SSF:

  • Cyclically Adjusted PB Ratio: 0.64 (40% below median its 10-year median of 1.06)
  • GF Value™: ฿7.19 vs. price of ฿5.10 (29.1% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 49.6% below the Consumer Packaged Goods median (#348 of 1441)

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


Surapon Foods PCL Business Description

Address 247 Moo 1, Teparak Road, Amphur Muang, Tambon Teparak, Samutprakarn Province, Samutprakarn, THA, 10270
Surapon Foods PCL is the manufacturer and distributor of seafoods, finished and semi-finished frozen foods, including ready-to-cook and ready-to-eat. The group operates in two business segments: the manufacturing & distribution of seafood, and finished & semi-finished frozen foods; and Cold storage warehouse & logistic service. The diversity of its products includes the main ingredients (boiled shrimp, sushi shrimp, fish, squid), ready-to-eat (dim sum, deep-fried food, and processed chicken), as well as Halal products under the Farhana brand (dim sum and deep-fried food).
63GF Score

Get the complete analysis for BKK:SSF

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

฿5.10
Price
฿7.19
GF Value