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Sermsang Power PCLBKK:SSP +4.44%84 Cyclically Adjusted PB Ratio is 0.97 as of Aug. 02, 2026, which is 29% above its 10-year median of 0.75. GuruFocus rates BKK:SSP with a GF Score™ of 84/100 and a GF Value™ of ฿5.86 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 278 Utilities - Independent Power Producers companies, Sermsang Power PCL ranks better than 56.12% on this metric.
The historical rank and industry rank for Sermsang Power PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:
BKK:SSP'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67 Med: 0.75 Max: 0.93
Current: 0.93
During the past years, Sermsang Power PCL's highest Cyclically Adjusted PB Ratio was 0.93. The lowest was 0.67. And the median was 0.75.
BKK:SSP's Cyclically Adjusted PB Ratio is ranked better than 56.12% of 278
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.095
vs BKK:SSP: 0.93
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.
Sermsang Power PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿6.446. 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 ฿4.86 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Sermsang Power PCL (BKK:SSP) 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.
Sermsang Power PCL Cyclically Adjusted PB Ratio Related Terms
Sermsang Power PCL Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Sermsang Power 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.
Sermsang Power PCL Cyclically Adjusted PB Ratio Chart
Sermsang Power PCL Cyclically Adjusted PB Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Sermsang Power 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.
Sermsang Power PCL Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Sermsang Power PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Sermsang Power PCL's Cyclically Adjusted PB Ratio falls into.
Sermsang Power 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.
Sermsang Power PCL's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.97 mean?
Sermsang Power PCL (BKK:SSP) has a Cyclically Adjusted PB Ratio of 0.97 as of Aug. 02, 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 Sermsang Power PCL and its competitors. This is 29% above median its historical median of 0.75. Over the past decade, Sermsang Power PCL's Cyclically Adjusted PB Ratio has ranged from 0.67 to 0.93. According to the industry distribution chart, Sermsang Power PCL ranks #122 out of 278 companies in the Utilities - Independent Power Producers industry, placing it in the top 43.9%.
Is Sermsang Power PCL's Cyclically Adjusted PB Ratio too high?
Sermsang Power PCL's current Cyclically Adjusted PB Ratio of 0.97 is 29% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 0.93. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.10. Sermsang Power PCL's value of 0.97 is 11.4% below this industry median. Based on the distribution chart, Sermsang Power PCL ranks #122 out of 278 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Sermsang Power PCL has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sermsang Power PCL's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Sermsang Power PCL ranks #122 out of 278 companies for Cyclically Adjusted PB Ratio. This puts Sermsang Power PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.10. Sermsang Power PCL's value of 0.97 is 11.4% below this benchmark. Historically, Sermsang Power PCL's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 0.93 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.10, Sermsang Power 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.10, based on 278 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. Sermsang Power PCL's current Cyclically Adjusted PB Ratio of 0.97 is 11.4% 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 Sermsang Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sermsang Power PCL's current Cyclically Adjusted PB Ratio is 0.97, which is 29% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sermsang Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Sermsang Power PCL (BKK:SSP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿5.86, compared to a current price of ฿4.70 — trading 19.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is 29% above median its 10-year median of 0.75 and 11.4% below the Utilities - Independent Power Producers industry median of 1.10. Sermsang Power PCL's overall GF Score™ is 84/100 with 11 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 Sermsang Power PCL (BKK:SSP), the current Cyclically Adjusted PB Ratio is 0.97 as of Aug. 02, 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 Sermsang Power PCL (BKK:SSP) Overvalued in 2026?
Based on GuruFocus' analysis, Sermsang Power PCL stock appears to be undervalued.
The current stock price of ฿4.70 is trading 19.8% below its estimated GF Value™ of ฿5.86.
GuruFocus considers Sermsang Power PCL to be Modestly Undervalued.
Key valuation signals for BKK:SSP:
Cyclically Adjusted PB Ratio: 0.97 (29% above median its 10-year median of 0.75)
GF Value™: ฿5.86 vs. price of ฿4.70 (19.8% below fair value)
Industry Position: 11.4% below the Utilities - Independent Power Producers median (#122 of 278)
No single metric tells the full story. See the BKK:SSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sermsang Power Corporation PCL is engaged in investment, consultancy, and the provision of services for energy businesses to related parties. The company's operating segments are the production and distribution of electricity from solar plants, Electricity distribution, and installation services relating to the solar roof system, Production and distribution of electricity from wind power plants, Production and distribution of electricity from biomass, and others. The firm generates a majority of its revenue from the Production and distribution of electricity from the solar power plants segment. Geographically, the company generates a majority share of the revenue from Thailand.
84GF Score
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