T ks Technologies PCL (BKK:TKS) Cyclically Adjusted PB Ratio: 1.05 (As of Aug. 25, 2026) — 29% Below Median

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BKK:TKS T ks Technologies PCL BKK:TKS
70 GF Score
Price ฿7.75
GF Value ฿6.90
Valuation Modestly Overvalued
! 6 Warning Signs
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What is T ks Technologies PCL Cyclically Adjusted PB Ratio?

T ks Technologies PCL BKK:TKS -1.90% 70 Cyclically Adjusted PB Ratio is 1.05 as of Aug. 25, 2026, which is 29% below its 10-year median of 1.48. GuruFocus rates BKK:TKS with a GF Score™ of 70/100 and a GF Value™ of ฿6.90 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 711 Business Services companies, T ks Technologies PCL ranks better than 64.14% on this metric.

As of today (2026-08-25), T ks Technologies PCL's current share price is ฿7.75. T ks Technologies PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿7.40. T ks Technologies PCL's Cyclically Adjusted PB Ratio for today is 1.05.

The historical rank and industry rank for T ks Technologies PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:TKS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.48   Max: 3.2
Current: 1.07

During the past years, T ks Technologies PCL's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 0.72. And the median was 1.48.

BKK:TKS's Cyclically Adjusted PB Ratio is ranked better than
64.14% of 711 companies
in the Business Services industry
Industry Median: 1.52 vs BKK:TKS: 1.07

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.

T ks Technologies PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿6.861. 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 ฿7.40 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


T ks Technologies PCL  (BKK:TKS) 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.


T ks Technologies PCL Cyclically Adjusted PB Ratio Related Terms


T ks Technologies PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for T ks Technologies 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.

T ks Technologies PCL Cyclically Adjusted PB Ratio Chart

T ks Technologies 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 2.88 2.15 1.07 0.88 0.91

T ks Technologies 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 0.72 0.81 0.91 0.85 0.97

BKK:TKS vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, T ks Technologies 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.


T ks Technologies PCL Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, T ks Technologies PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where T ks Technologies PCL's Cyclically Adjusted PB Ratio falls into.


BKK:TKS
70GF Score
T ks Technologies PCL BKK:TKS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T ks Technologies 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.

T ks Technologies PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.75/7.40
=1.05

* 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.

T ks Technologies PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, T ks Technologies 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)
=6.861/333.9520*333.9520
=6.861

Current CPI (Jun. 2026) = 333.9520.

T ks Technologies PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.699 241.428 5.117
201612 3.898 241.432 5.392
201703 4.100 243.801 5.616
201706 3.863 244.955 5.267
201709 3.950 246.819 5.344
201712 4.141 246.524 5.610
201803 5.010 249.554 6.704
201806 5.166 251.989 6.846
201809 5.157 252.439 6.822
201812 4.864 251.233 6.465
201903 5.640 254.202 7.409
201906 5.111 256.143 6.664
201909 5.025 256.759 6.536
201912 4.856 256.974 6.311
202003 4.920 258.115 6.366
202006 4.654 257.797 6.029
202009 4.748 260.280 6.092
202012 4.922 260.474 6.310
202103 5.161 264.877 6.507
202106 5.237 271.696 6.437
202109 7.489 274.310 9.117
202112 10.085 278.802 12.080
202203 10.537 287.504 12.239
202206 9.366 296.311 10.556
202209 8.852 296.808 9.960
202212 8.742 296.797 9.836
202303 8.926 301.836 9.876
202306 8.285 305.109 9.068
202309 8.116 307.789 8.806
202312 7.736 306.746 8.422
202403 7.918 312.332 8.466
202406 6.824 314.175 7.254
202409 6.892 315.301 7.300
202412 6.749 315.605 7.141
202503 6.898 319.799 7.203
202506 6.563 322.561 6.795
202509 6.719 324.800 6.908
202512 6.921 324.054 7.132
202603 7.056 330.213 7.136
202606 6.861 333.952 6.861

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 1.05 mean?
T ks Technologies PCL (BKK:TKS) has a Cyclically Adjusted PB Ratio of 1.05 as of Aug. 25, 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 T ks Technologies PCL and its competitors. This is 29% below median its historical median of 1.48. Over the past decade, T ks Technologies PCL's Cyclically Adjusted PB Ratio has ranged from 0.72 to 3.20. According to the industry distribution chart, T ks Technologies PCL ranks #255 out of 711 companies in the Business Services industry, placing it in the top 35.9%.
Is T ks Technologies PCL's Cyclically Adjusted PB Ratio too high?
T ks Technologies PCL's current Cyclically Adjusted PB Ratio of 1.05 is 29% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 3.20. The Business Services industry median Cyclically Adjusted PB Ratio is 1.52. T ks Technologies PCL's value of 1.05 is 30.9% below this industry median. Based on the distribution chart, T ks Technologies PCL ranks #255 out of 711 companies in the Business Services industry, which is above the industry midpoint. Overall, T ks Technologies 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 T ks Technologies PCL's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, T ks Technologies PCL ranks #255 out of 711 companies for Cyclically Adjusted PB Ratio. This puts T ks Technologies PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. T ks Technologies PCL's value of 1.05 is 30.9% below this benchmark. Historically, T ks Technologies PCL's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 3.20 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.52, T ks Technologies 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.52, based on 711 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. T ks Technologies PCL's current Cyclically Adjusted PB Ratio of 1.05 is 30.9% 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 T ks Technologies PCL and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T ks Technologies PCL's current Cyclically Adjusted PB Ratio is 1.05, which is 29% below median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T ks Technologies PCL stock overvalued right now?
Based on GuruFocus' analysis, T ks Technologies PCL (BKK:TKS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.90, compared to a current price of ฿7.75 — trading 12.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.05, which is 29% below median its 10-year median of 1.48 and 30.9% below the Business Services industry median of 1.52. T ks Technologies PCL's overall GF Score™ is 70/100 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 T ks Technologies PCL (BKK:TKS), the current Cyclically Adjusted PB Ratio is 1.05 as of Aug. 25, 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 T ks Technologies PCL (BKK:TKS) Overvalued in 2026?

Based on GuruFocus' analysis, T ks Technologies PCL stock appears to be overvalued. The current stock price of ฿7.75 is trading 12.3% above its estimated GF Value™ of ฿6.90. GuruFocus considers T ks Technologies PCL to be Modestly Overvalued.

Key valuation signals for BKK:TKS:

  • Cyclically Adjusted PB Ratio: 1.05 (29% below median its 10-year median of 1.48)
  • GF Value™: ฿6.90 vs. price of ฿7.75 (12.3% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 30.9% below the Business Services median (#255 of 711)

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


T ks Technologies PCL Business Description

Address 30/88 Moo 1, Chetsadawithi Road, Khokkam Sub-district, Mueang Samutsakhon District, Samutsakhon, THA, 74000
T ks Technologies PCL is engaged in the manufacturing of business forms, continuous paper forms, security printing, other printing, continuous labels, printing warehouse service, and other investments. The company's reportable segments include manufacturing of business forms, continuous paper forms and securities printing; Providing information technology system and software services; and Investment in associates and joint venture and other investments. It has a business presence in Thailand, Asia and other regions, of which key revenue is earned from Thailand.
70GF Score

Get the complete analysis for BKK:TKS

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

฿7.75
Price
฿6.90
GF Value