Sherwood(Thailand) PCL (BKK:SWC) Cyclically Adjusted PB Ratio: 2.05 (As of Jul. 13, 2026) — Near Median


BKK:SWC Sherwood Corp(Thailand) PCL BKK:SWC
81 GF Score
Price ฿4.58
GF Value ฿4.05
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Sherwood(Thailand) PCL Cyclically Adjusted PB Ratio?

Sherwood(Thailand) PCL BKK:SWC +0.88% 81 Cyclically Adjusted PB Ratio is 2.05 as of Jul. 13, 2026, which is 7% below its 10-year median of 2.20. GuruFocus rates BKK:SWC with a GF Score™ of 81/100 and a GF Value™ of ฿4.05 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,284 Chemicals companies, Sherwood(Thailand) PCL ranks worse than 56.46% on this metric.

As of today (2026-07-13), Sherwood(Thailand) PCL's current share price is ฿4.58. Sherwood(Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿2.23. Sherwood(Thailand) PCL's Cyclically Adjusted PB Ratio for today is 2.05.

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

BKK:SWC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.2   Max: 7.06
Current: 2.06

During the past years, Sherwood(Thailand) PCL's highest Cyclically Adjusted PB Ratio was 7.06. The lowest was 1.15. And the median was 2.20.

BKK:SWC's Cyclically Adjusted PB Ratio is ranked worse than
56.46% of 1284 companies
in the Chemicals industry
Industry Median: 1.7 vs BKK:SWC: 2.06

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.

Sherwood(Thailand) PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿1.633. 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 ฿2.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sherwood(Thailand) PCL  (BKK:SWC) 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.


Sherwood(Thailand) PCL Cyclically Adjusted PB Ratio Related Terms


Sherwood(Thailand) PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sherwood(Thailand) 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.

Sherwood(Thailand) PCL Cyclically Adjusted PB Ratio Chart

Sherwood(Thailand) 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 3.77 2.57 2.02 1.27 1.76

Sherwood(Thailand) 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 1.19 1.39 1.67 1.76 1.91

BKK:SWC vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Sherwood(Thailand) 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.


Sherwood(Thailand) PCL Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sherwood(Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sherwood(Thailand) PCL's Cyclically Adjusted PB Ratio falls into.


BKK:SWC
81GF Score
Sherwood Corp(Thailand) PCL BKK:SWC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sherwood(Thailand) 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.

Sherwood(Thailand) PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.58/2.23
=2.05

* 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.

Sherwood(Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sherwood(Thailand) 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)
=1.633/330.2130*330.2130
=1.633

Current CPI (Mar. 2026) = 330.2130.

Sherwood(Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.084 241.018 2.855
201609 2.182 241.428 2.984
201612 2.157 241.432 2.950
201703 2.294 243.801 3.107
201706 2.330 244.955 3.141
201709 2.502 246.819 3.347
201712 2.490 246.524 3.335
201803 2.673 249.554 3.537
201806 2.593 251.989 3.398
201809 1.834 252.439 2.399
201812 1.918 251.233 2.521
201903 2.033 254.202 2.641
201906 1.765 256.143 2.275
201909 1.825 256.759 2.347
201912 2.051 256.974 2.636
202003 2.046 258.115 2.617
202006 1.845 257.797 2.363
202009 1.820 260.280 2.309
202012 1.858 260.474 2.355
202103 1.891 264.877 2.357
202106 1.791 271.696 2.177
202109 1.785 274.310 2.149
202112 1.928 278.802 2.284
202203 2.276 287.504 2.614
202206 1.519 296.311 1.693
202209 1.383 296.808 1.539
202212 1.388 296.797 1.544
202303 1.424 301.836 1.558
202306 1.235 305.109 1.337
202309 1.257 307.789 1.349
202312 1.281 306.746 1.379
202403 1.335 312.332 1.411
202406 1.393 314.175 1.464
202409 1.460 315.301 1.529
202412 1.510 315.605 1.580
202503 1.565 319.799 1.616
202506 1.511 322.561 1.547
202509 1.494 324.800 1.519
202512 1.574 324.054 1.604
202603 1.633 330.213 1.633

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 2.05 mean?
Sherwood(Thailand) PCL (BKK:SWC) has a Cyclically Adjusted PB Ratio of 2.05 as of Jul. 13, 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 Sherwood(Thailand) PCL and its competitors. This is near median its historical median of 2.20. Over the past decade, Sherwood(Thailand) PCL's Cyclically Adjusted PB Ratio has ranged from 1.15 to 7.06. According to the industry distribution chart, Sherwood(Thailand) PCL ranks #725 out of 1284 companies in the Chemicals industry, placing it in the top 56.5%.
Is Sherwood(Thailand) PCL's Cyclically Adjusted PB Ratio too high?
Sherwood(Thailand) PCL's current Cyclically Adjusted PB Ratio of 2.05 is near median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 7.06. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.70. Sherwood(Thailand) PCL's value of 2.05 is 20.6% above this industry median. Based on the distribution chart, Sherwood(Thailand) PCL ranks #725 out of 1284 companies in the Chemicals industry, which is below the industry midpoint. Overall, Sherwood(Thailand) PCL has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sherwood(Thailand) PCL's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sherwood(Thailand) PCL ranks #725 out of 1284 companies for Cyclically Adjusted PB Ratio. This places Sherwood(Thailand) PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.70. Sherwood(Thailand) PCL's value of 2.05 is 20.6% above this benchmark. Historically, Sherwood(Thailand) PCL's own Cyclically Adjusted PB Ratio has ranged from 1.15 to 7.06 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 1.70, Sherwood(Thailand) PCL has consistently been above 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.70, based on 1,284 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. Sherwood(Thailand) PCL's current Cyclically Adjusted PB Ratio of 2.05 is 20.6% above 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 Sherwood(Thailand) PCL and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sherwood(Thailand) PCL's current Cyclically Adjusted PB Ratio is 2.05, which is near median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sherwood(Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Sherwood(Thailand) PCL (BKK:SWC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.05, compared to a current price of ฿4.58 — trading 13.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.05, which is near median its 10-year median of 2.20 and 20.6% above the Chemicals industry median of 1.70. Sherwood(Thailand) PCL's overall GF Score™ is 81/100 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 Sherwood(Thailand) PCL (BKK:SWC), the current Cyclically Adjusted PB Ratio is 2.05 as of Jul. 13, 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 Sherwood(Thailand) PCL (BKK:SWC) Overvalued in 2026?

Based on GuruFocus' analysis, Sherwood(Thailand) PCL stock appears to be overvalued. The current stock price of ฿4.58 is trading 13.1% above its estimated GF Value™ of ฿4.05. GuruFocus considers Sherwood(Thailand) PCL to be Modestly Overvalued.

Key valuation signals for BKK:SWC:

  • Cyclically Adjusted PB Ratio: 2.05 (near median its 10-year median of 2.20)
  • GF Value™: ฿4.05 vs. price of ฿4.58 (13.1% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 20.6% above the Chemicals median (#725 of 1284)

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


Sherwood(Thailand) PCL Business Description

Address 1065, Srinakarin Road, Suanluang, Suanluang, Bangkok, THA, 10250
Sherwood Corp(Thailand) PCL engaged in the manufacture and distribution of insecticide, cleaning and wood preservative products. Its product portfolio includes Insecticide, Wood Preservative, Cleaning, Industrial, Public Health, Agrochemical, and Pet Care. Its segments include The production and distribution of wood preservative segment, the production and distribution of insecticide segment, and the production and distribution of cleaning segment. The majority of the revenue is derived from the production and distribution of insecticide segment. Geographically it operates in Thailand and Overseas with the majority of the revenue deriving from Thailand.
81GF Score

Get the complete analysis for BKK:SWC

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

฿4.58
Price
฿4.05
GF Value