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Turnkey Communication Services PCLBKK:TKC -0.56%70 Cyclically Adjusted PB Ratio is 1.71 as of Aug. 13, 2026, which is 5% below its 10-year median of 1.80. GuruFocus rates BKK:TKC with a GF Score™ of 70/100 and a GF Value™ of ฿7.27 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,337 Construction companies, Turnkey Communication Services PCL ranks worse than 63.43% on this metric.
The historical rank and industry rank for Turnkey Communication Services PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:
BKK:TKC'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56 Med: 1.8 Max: 1.89
Current: 1.7
During the past 10 years, Turnkey Communication Services PCL's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 1.56. And the median was 1.80.
BKK:TKC's Cyclically Adjusted PB Ratio is ranked worse than 63.43% of 1337
companies
in the Construction industry
Industry Median: 1.16
vs BKK:TKC: 1.70
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.
Turnkey Communication Services PCL's adjusted book value per share data of for the fiscal year that ended in Dec25 was ฿10.380. 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 ฿5.19 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Turnkey Communication Services PCL (BKK:TKC) 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.
Turnkey Communication Services PCL Cyclically Adjusted PB Ratio Related Terms
Turnkey Communication Services PCL Cyclically Adjusted PB Ratio Historical Data
* 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.
Turnkey Communication Services PCL Cyclically Adjusted PB Ratio Chart
BKK:TKC vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison
For the Engineering & Construction subindustry, Turnkey Communication Services 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.
Turnkey Communication Services PCL Cyclically Adjusted PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Turnkey Communication Services PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Turnkey Communication Services PCL's Cyclically Adjusted PB Ratio falls into.
Turnkey Communication Services 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.
* 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 1.71 mean?
Turnkey Communication Services PCL (BKK:TKC) has a Cyclically Adjusted PB Ratio of 1.71 as of Aug. 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 Turnkey Communication Services PCL and its competitors. This is near median its historical median of 1.80. Over the past decade, Turnkey Communication Services PCL's Cyclically Adjusted PB Ratio has ranged from 1.56 to 1.89. According to the industry distribution chart, Turnkey Communication Services PCL ranks #848 out of 1337 companies in the Construction industry, placing it in the top 63.4%.
Is Turnkey Communication Services PCL's Cyclically Adjusted PB Ratio too high?
Turnkey Communication Services PCL's current Cyclically Adjusted PB Ratio of 1.71 is near median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 1.89. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Turnkey Communication Services PCL's value of 1.71 is 47.4% above this industry median. Based on the distribution chart, Turnkey Communication Services PCL ranks #848 out of 1337 companies in the Construction industry, which is below the industry midpoint. Overall, Turnkey Communication Services PCL has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turnkey Communication Services PCL's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Turnkey Communication Services PCL ranks #848 out of 1337 companies for Cyclically Adjusted PB Ratio. This places Turnkey Communication Services PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Turnkey Communication Services PCL's value of 1.71 is 47.4% above this benchmark. Historically, Turnkey Communication Services PCL's own Cyclically Adjusted PB Ratio has ranged from 1.56 to 1.89 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.16, Turnkey Communication Services 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,337 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. Turnkey Communication Services PCL's current Cyclically Adjusted PB Ratio of 1.71 is 47.4% 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 Turnkey Communication Services PCL and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turnkey Communication Services PCL's current Cyclically Adjusted PB Ratio is 1.71, which is near median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turnkey Communication Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Turnkey Communication Services PCL (BKK:TKC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿7.27, compared to a current price of ฿8.85 — trading 21.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.71, which is near median its 10-year median of 1.80 and 47.4% above the Construction industry median of 1.16. Turnkey Communication Services PCL's overall GF Score™ is 70/100 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 Turnkey Communication Services PCL (BKK:TKC), the current Cyclically Adjusted PB Ratio is 1.71 as of Aug. 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 Turnkey Communication Services PCL (BKK:TKC) Overvalued in 2026?
Based on GuruFocus' analysis, Turnkey Communication Services PCL stock appears to be overvalued.
The current stock price of ฿8.85 is trading 21.7% above its estimated GF Value™ of ฿7.27.
GuruFocus considers Turnkey Communication Services PCL to be Modestly Overvalued.
Key valuation signals for BKK:TKC:
Cyclically Adjusted PB Ratio: 1.71 (near median its 10-year median of 1.80)
GF Value™: ฿7.27 vs. price of ฿8.85 (21.7% above fair value)
Industry Position: 47.4% above the Construction median (#848 of 1337)
No single metric tells the full story. See the BKK:TKC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turnkey Communication Services PCL is engaged in trading, design, installation and engineering services in field of information and communication technology and telecommunication, including providing internet signal services. Its segments include Distribution of information technology equipment and telecommunication systems (Distribution business); Providing installation, testing services for information technology systems and telecommunication systems, and providing internet signal services (Services business); and Providing design, sourcing and installation of information technology systems and telecommunication systems and programming (Information engineering business). The majority of the revenue is derived from the Services business segment.
70GF Score
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