Siam Steel Service Center PCL (BKK:SSSC) Cyclically Adjusted PB Ratio: 0.41 (As of Jul. 14, 2026) — 27% Below Median

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BKK:SSSC Siam Steel Service Center PCL BKK:SSSC
77 GF Score
Price ฿2.26
GF Value ฿2.08
Valuation Fairly Valued
! 4 Warning Signs
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What is Siam Steel Service Center PCL Cyclically Adjusted PB Ratio?

Siam Steel Service Center PCL BKK:SSSC +0.89% 77 Cyclically Adjusted PB Ratio is 0.41 as of Jul. 14, 2026, which is 27% below its 10-year median of 0.56. GuruFocus rates BKK:SSSC with a GF Score™ of 77/100 and a GF Value™ of ฿2.08 (Fairly Valued). The stock has 4 warning signs investors should review. Among 518 Steel companies, Siam Steel Service Center PCL ranks better than 77.8% on this metric.

As of today (2026-07-14), Siam Steel Service Center PCL's current share price is ฿2.26. Siam Steel Service Center PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿5.56. Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio for today is 0.41.

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

BKK:SSSC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.56   Max: 0.96
Current: 0.4

During the past years, Siam Steel Service Center PCL's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.37. And the median was 0.56.

BKK:SSSC's Cyclically Adjusted PB Ratio is ranked better than
77.8% of 518 companies
in the Steel industry
Industry Median: 0.93 vs BKK:SSSC: 0.40

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.

Siam Steel Service Center PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿5.349. 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 ฿5.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siam Steel Service Center PCL  (BKK:SSSC) 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.


Siam Steel Service Center PCL Cyclically Adjusted PB Ratio Related Terms


Siam Steel Service Center PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Siam Steel Service Center 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.

Siam Steel Service Center PCL Cyclically Adjusted PB Ratio Chart

Siam Steel Service Center 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 0.62 0.61 0.57 0.38 0.38

Siam Steel Service Center 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 0.40 0.38 0.38 0.38 0.41

BKK:SSSC vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Siam Steel Service Center 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.


Siam Steel Service Center PCL Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio falls into.


BKK:SSSC
77GF Score
Siam Steel Service Center PCL BKK:SSSC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siam Steel Service Center 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.

Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.26/5.56
=0.41

* 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.

Siam Steel Service Center PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Siam Steel Service Center 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)
=5.349/330.2130*330.2130
=5.349

Current CPI (Mar. 2026) = 330.2130.

Siam Steel Service Center PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.088 241.018 5.601
201609 4.200 241.428 5.745
201612 4.276 241.432 5.848
201703 4.403 243.801 5.964
201706 4.236 244.955 5.710
201709 4.310 246.819 5.766
201712 4.368 246.524 5.851
201803 4.456 249.554 5.896
201806 4.374 251.989 5.732
201809 4.437 252.439 5.804
201812 4.466 251.233 5.870
201903 4.518 254.202 5.869
201906 4.369 256.143 5.632
201909 4.431 256.759 5.699
201912 4.486 256.974 5.765
202003 4.545 258.115 5.815
202006 4.354 257.797 5.577
202009 4.386 260.280 5.564
202012 4.440 260.474 5.629
202103 4.514 264.877 5.627
202106 4.484 271.696 5.450
202109 4.608 274.310 5.547
202112 4.705 278.802 5.573
202203 4.826 287.504 5.543
202206 4.681 296.311 5.217
202209 4.778 296.808 5.316
202212 4.817 296.797 5.359
202303 4.943 301.836 5.408
202306 4.864 305.109 5.264
202309 4.956 307.789 5.317
202312 5.051 306.746 5.437
202403 5.086 312.332 5.377
202406 4.923 314.175 5.174
202409 5.037 315.301 5.275
202412 5.146 315.605 5.384
202503 5.237 319.799 5.408
202506 5.126 322.561 5.248
202509 5.208 324.800 5.295
202512 5.258 324.054 5.358
202603 5.349 330.213 5.349

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 0.41 mean?
Siam Steel Service Center PCL (BKK:SSSC) has a Cyclically Adjusted PB Ratio of 0.41 as of Jul. 14, 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 Siam Steel Service Center PCL and its competitors. This is 27% below median its historical median of 0.56. Over the past decade, Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio has ranged from 0.37 to 0.96. According to the industry distribution chart, Siam Steel Service Center PCL ranks #115 out of 518 companies in the Steel industry, placing it in the top 22.2%.
Is Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio too high?
Siam Steel Service Center PCL's current Cyclically Adjusted PB Ratio of 0.41 is 27% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.96. The Steel industry median Cyclically Adjusted PB Ratio is 0.93. Siam Steel Service Center PCL's value of 0.41 is 55.9% below this industry median. Based on the distribution chart, Siam Steel Service Center PCL ranks #115 out of 518 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Siam Steel Service Center PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siam Steel Service Center PCL's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Siam Steel Service Center PCL ranks #115 out of 518 companies for Cyclically Adjusted PB Ratio. This places Siam Steel Service Center PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.93. Siam Steel Service Center PCL's value of 0.41 is 55.9% below this benchmark. Historically, Siam Steel Service Center PCL's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 0.96 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.93, Siam Steel Service Center 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.93, based on 518 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. Siam Steel Service Center PCL's current Cyclically Adjusted PB Ratio of 0.41 is 55.9% 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 Siam Steel Service Center PCL and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Steel Service Center PCL's current Cyclically Adjusted PB Ratio is 0.41, which is 27% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Steel Service Center PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Steel Service Center PCL (BKK:SSSC) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.08, compared to a current price of ฿2.26 — trading 8.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is 27% below median its 10-year median of 0.56 and 55.9% below the Steel industry median of 0.93. Siam Steel Service Center PCL's overall GF Score™ is 77/100 with 4 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 Siam Steel Service Center PCL (BKK:SSSC), the current Cyclically Adjusted PB Ratio is 0.41 as of Jul. 14, 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 Siam Steel Service Center PCL (BKK:SSSC) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Steel Service Center PCL stock appears to be overvalued. The current stock price of ฿2.26 is trading 8.7% above its estimated GF Value™ of ฿2.08. GuruFocus considers Siam Steel Service Center PCL to be Fairly Valued.

Key valuation signals for BKK:SSSC:

  • Cyclically Adjusted PB Ratio: 0.41 (27% below median its 10-year median of 0.56)
  • GF Value™: ฿2.08 vs. price of ฿2.26 (8.7% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 55.9% below the Steel median (#115 of 518)

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


Siam Steel Service Center PCL Business Description

Address 51/3 Moo 2 Poochao - Samingprai Road, Tumbon Bangyaprak, Amphur Phrapradeang, Samutprakarn, THA, 10130
Siam Steel Service Center PCL is a Thailand based company engaged in the manufacturing business of accessories made from steel, installing metal roofing and wall panels, and steel cutting services. The company has a business presence in Vietnam and Thailand, of which a majority of revenue is derived from Thailand.
77GF Score

Get the complete analysis for BKK:SSSC

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

฿2.26
Price
฿2.08
GF Value