Saha-Union PCL (BKK:SUC) Cyclically Adjusted PB Ratio: 0.32 (As of Sep. 10, 2026) — 32% Below Median

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BKK:SUC Saha-Union PCL BKK:SUC
69 GF Score
Price ฿27.50
GF Value ฿25.07
Valuation Fairly Valued
! 6 Warning Signs
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What is Saha-Union PCL Cyclically Adjusted PB Ratio?

Saha-Union PCL BKK:SUC 69 Cyclically Adjusted PB Ratio is 0.32 as of Sep. 10, 2026, which is 32% below its 10-year median of 0.47. GuruFocus rates BKK:SUC with a GF Score™ of 69/100 and a GF Value™ of ฿25.07 (Fairly Valued). The stock has 6 warning signs investors should review. Among 422 Conglomerates companies, Saha-Union PCL ranks better than 83.65% on this metric.

As of today (2026-09-10), Saha-Union PCL's current share price is ฿27.50. Saha-Union PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿86.25. Saha-Union PCL's Cyclically Adjusted PB Ratio for today is 0.32.

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

BKK:SUC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.47   Max: 0.8
Current: 0.32

During the past years, Saha-Union PCL's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.32. And the median was 0.47.

BKK:SUC's Cyclically Adjusted PB Ratio is ranked better than
83.65% of 422 companies
in the Conglomerates industry
Industry Median: 1.015 vs BKK:SUC: 0.32

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.

Saha-Union PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿84.746. 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 ฿86.25 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saha-Union PCL  (BKK:SUC) 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.


Saha-Union PCL Cyclically Adjusted PB Ratio Related Terms


Saha-Union PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Saha-Union 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.

Saha-Union PCL Cyclically Adjusted PB Ratio Chart

Saha-Union 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 0.46 0.38 0.41 0.38 0.33

Saha-Union 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 0.35 0.35 0.33 0.32 0.32

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

For the Conglomerates subindustry, Saha-Union 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.


Saha-Union PCL Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


BKK:SUC
69GF Score
Saha-Union PCL BKK:SUC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saha-Union 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.

Saha-Union PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.50/86.25
=0.32

* 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.

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

For example, Saha-Union 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)
=84.746/333.9520*333.9520
=84.746

Current CPI (Jun. 2026) = 333.9520.

Saha-Union PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 63.722 241.428 88.143
201612 63.565 241.432 87.924
201703 64.664 243.801 88.575
201706 63.916 244.955 87.138
201709 65.407 246.819 88.497
201712 66.262 246.524 89.761
201803 67.005 249.554 89.666
201806 66.574 251.989 88.228
201809 67.006 252.439 88.642
201812 68.262 251.233 90.737
201903 69.191 254.202 90.898
201906 67.154 256.143 87.553
201909 66.808 256.759 86.893
201912 67.662 256.974 87.931
202003 69.047 258.115 89.334
202006 67.223 257.797 87.081
202009 68.614 260.280 88.035
202012 70.241 260.474 90.056
202103 72.037 264.877 90.823
202106 71.532 271.696 87.923
202109 73.327 274.310 89.270
202112 73.618 278.802 88.180
202203 73.574 287.504 85.460
202206 73.579 296.311 82.926
202209 74.560 296.808 83.891
202212 74.562 296.797 83.896
202303 75.127 301.836 83.121
202306 75.233 305.109 82.345
202309 76.594 307.789 83.105
202312 76.163 306.746 82.918
202403 78.060 312.332 83.463
202406 78.344 314.175 83.276
202409 76.648 315.301 81.182
202412 78.397 315.605 82.954
202503 79.215 319.799 82.721
202506 79.282 322.561 82.082
202509 79.981 324.800 82.235
202512 81.346 324.054 83.831
202603 83.759 330.213 84.707
202606 84.746 333.952 84.746

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 0.32 mean?
Saha-Union PCL (BKK:SUC) has a Cyclically Adjusted PB Ratio of 0.32 as of Sep. 10, 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 Saha-Union PCL and its competitors. This is 32% below median its historical median of 0.47. Over the past decade, Saha-Union PCL's Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.80. According to the industry distribution chart, Saha-Union PCL ranks #69 out of 422 companies in the Conglomerates industry, placing it in the top 16.4%.
Is Saha-Union PCL's Cyclically Adjusted PB Ratio too high?
Saha-Union PCL's current Cyclically Adjusted PB Ratio of 0.32 is 32% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.80. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Saha-Union PCL's value of 0.32 is 68.5% below this industry median. Based on the distribution chart, Saha-Union PCL ranks #69 out of 422 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Saha-Union PCL has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saha-Union PCL's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Saha-Union PCL ranks #69 out of 422 companies for Cyclically Adjusted PB Ratio. This places Saha-Union PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.02. Saha-Union PCL's value of 0.32 is 68.5% below this benchmark. Historically, Saha-Union PCL's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.80 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.02, Saha-Union 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 1.02, based on 422 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. Saha-Union PCL's current Cyclically Adjusted PB Ratio of 0.32 is 68.5% 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 Saha-Union PCL and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saha-Union PCL's current Cyclically Adjusted PB Ratio is 0.32, which is 32% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saha-Union PCL stock overvalued right now?
Based on GuruFocus' analysis, Saha-Union PCL (BKK:SUC) is currently considered Fairly Valued. The stock's GF Value™ is ฿25.07, compared to a current price of ฿27.50 — trading 9.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 32% below median its 10-year median of 0.47 and 68.5% below the Conglomerates industry median of 1.02. Saha-Union PCL's overall GF Score™ is 69/100 with 6 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 Saha-Union PCL (BKK:SUC), the current Cyclically Adjusted PB Ratio is 0.32 as of Sep. 10, 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 Saha-Union PCL (BKK:SUC) Overvalued in 2026?

Based on GuruFocus' analysis, Saha-Union PCL stock appears to be overvalued. The current stock price of ฿27.50 is trading 9.7% above its estimated GF Value™ of ฿25.07. GuruFocus considers Saha-Union PCL to be Fairly Valued.

Key valuation signals for BKK:SUC:

  • Cyclically Adjusted PB Ratio: 0.32 (32% below median its 10-year median of 0.47)
  • GF Value™: ฿25.07 vs. price of ฿27.50 (9.7% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 68.5% below the Conglomerates median (#69 of 422)

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


Saha-Union PCL Business Description

Address 1828 Sukhumvit Road, Phrakanong Tai, Phrakanong, Bangkok, THA, 10260
Saha-Union PCL is engaged in investment, distribution of raw materials and products manufactured by group companies. Its segments include Plastic, rubber and metal segment, which is the manufacture and distribution of rubber, elastic products, finished elastic products, plastic products, vacuum bottles and stainless steel kitchenware; Trading segment, which is the operation of a computer and equipment dealership; Energy segment, which is power generation; Hotel segment, which is the operation of hotel; and Investment and others segment, which is principally the operation of an investment business. The majority of the revenue is derived from Plastic, rubber and metal segment. Geographically its operations are spread across Thailand, Aisa, America, and Others.
69GF Score

Get the complete analysis for BKK:SUC

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

฿27.50
Price
฿25.07
GF Value