Thai Poly Acrylic PCL (BKK:TPA) Cyclically Adjusted PB Ratio: 0.53 (As of Aug. 18, 2026) — 49% Below Median

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BKK:TPA Thai Poly Acrylic PCL BKK:TPA
57 GF Score
Price ฿2.56
GF Value ฿2.51
Valuation Fairly Valued
! 4 Warning Signs
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What is Thai Poly Acrylic PCL Cyclically Adjusted PB Ratio?

Thai Poly Acrylic PCL BKK:TPA 57 Cyclically Adjusted PB Ratio is 0.53 as of Aug. 18, 2026, which is 49% below its 10-year median of 1.03. GuruFocus rates BKK:TPA with a GF Score™ of 57/100 and a GF Value™ of ฿2.51 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,203 Chemicals companies, Thai Poly Acrylic PCL ranks better than 88.2% on this metric.

As of today (2026-08-18), Thai Poly Acrylic PCL's current share price is ฿2.56. Thai Poly Acrylic PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿4.87. Thai Poly Acrylic PCL's Cyclically Adjusted PB Ratio for today is 0.53.

The historical rank and industry rank for Thai Poly Acrylic PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:TPA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.03   Max: 1.46
Current: 0.53

During the past years, Thai Poly Acrylic PCL's highest Cyclically Adjusted PB Ratio was 1.46. The lowest was 0.38. And the median was 1.03.

BKK:TPA's Cyclically Adjusted PB Ratio is ranked better than
88.2% of 1203 companies
in the Chemicals industry
Industry Median: 1.68 vs BKK:TPA: 0.53

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.

Thai Poly Acrylic PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿2.936. 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 ฿4.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Poly Acrylic PCL  (BKK:TPA) 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.


Thai Poly Acrylic PCL Cyclically Adjusted PB Ratio Related Terms


Thai Poly Acrylic PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Thai Poly Acrylic 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.

Thai Poly Acrylic PCL Cyclically Adjusted PB Ratio Chart

Thai Poly Acrylic 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 1.16 1.11 0.83 0.66 0.54

Thai Poly Acrylic 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 0.51 0.53 0.57 0.54 0.48

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

For the Specialty Chemicals subindustry, Thai Poly Acrylic 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.


Thai Poly Acrylic PCL Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Thai Poly Acrylic PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thai Poly Acrylic PCL's Cyclically Adjusted PB Ratio falls into.


BKK:TPA
57GF Score
Thai Poly Acrylic PCL BKK:TPA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Poly Acrylic 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.

Thai Poly Acrylic PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.56/4.87
=0.53

* 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.

Thai Poly Acrylic PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Thai Poly Acrylic 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)
=2.936/330.2130*330.2130
=2.936

Current CPI (Mar. 2026) = 330.2130.

Thai Poly Acrylic PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.299 241.018 7.260
201609 5.470 241.428 7.482
201612 5.500 241.432 7.522
201703 5.519 243.801 7.475
201706 4.933 244.955 6.650
201709 4.881 246.819 6.530
201712 5.017 246.524 6.720
201803 4.858 249.554 6.428
201806 4.588 251.989 6.012
201809 4.474 252.439 5.852
201812 4.392 251.233 5.773
201903 4.373 254.202 5.681
201906 3.955 256.143 5.099
201909 4.062 256.759 5.224
201912 4.187 256.974 5.380
202003 4.306 258.115 5.509
202006 3.921 257.797 5.022
202009 4.075 260.280 5.170
202012 4.205 260.474 5.331
202103 4.301 264.877 5.362
202106 3.903 271.696 4.744
202109 3.889 274.310 4.682
202112 3.944 278.802 4.671
202203 3.914 287.504 4.495
202206 3.430 296.311 3.822
202209 3.322 296.808 3.696
202212 3.353 296.797 3.731
202303 3.350 301.836 3.665
202306 3.396 305.109 3.675
202309 3.428 307.789 3.678
202312 3.485 306.746 3.752
202403 3.513 312.332 3.714
202406 3.260 314.175 3.426
202409 3.121 315.301 3.269
202412 3.050 315.605 3.191
202503 3.019 319.799 3.117
202506 2.903 322.561 2.972
202509 2.907 324.800 2.955
202512 2.913 324.054 2.968
202603 2.936 330.213 2.936

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 0.53 mean?
Thai Poly Acrylic PCL (BKK:TPA) has a Cyclically Adjusted PB Ratio of 0.53 as of Aug. 18, 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 Thai Poly Acrylic PCL and its competitors. This is 49% below median its historical median of 1.03. Over the past decade, Thai Poly Acrylic PCL's Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.46. According to the industry distribution chart, Thai Poly Acrylic PCL ranks #142 out of 1203 companies in the Chemicals industry, placing it in the top 11.8%.
Is Thai Poly Acrylic PCL's Cyclically Adjusted PB Ratio too high?
Thai Poly Acrylic PCL's current Cyclically Adjusted PB Ratio of 0.53 is 49% below median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.46. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.68. Thai Poly Acrylic PCL's value of 0.53 is 68.5% below this industry median. Based on the distribution chart, Thai Poly Acrylic PCL ranks #142 out of 1203 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Poly Acrylic PCL has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Poly Acrylic PCL's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Thai Poly Acrylic PCL ranks #142 out of 1203 companies for Cyclically Adjusted PB Ratio. This places Thai Poly Acrylic PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.68. Thai Poly Acrylic PCL's value of 0.53 is 68.5% below this benchmark. Historically, Thai Poly Acrylic PCL's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 1.46 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.68, Thai Poly Acrylic 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.68, based on 1,203 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. Thai Poly Acrylic PCL's current Cyclically Adjusted PB Ratio of 0.53 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 Thai Poly Acrylic PCL and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Poly Acrylic PCL's current Cyclically Adjusted PB Ratio is 0.53, which is 49% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Poly Acrylic PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Poly Acrylic PCL (BKK:TPA) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.51, compared to a current price of ฿2.56 — trading 2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.53, which is 49% below median its 10-year median of 1.03 and 68.5% below the Chemicals industry median of 1.68. Thai Poly Acrylic PCL's overall GF Score™ is 57/100 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 Thai Poly Acrylic PCL (BKK:TPA), the current Cyclically Adjusted PB Ratio is 0.53 as of Aug. 18, 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 Thai Poly Acrylic PCL (BKK:TPA) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Poly Acrylic PCL stock appears to be overvalued. The current stock price of ฿2.56 is trading 2% above its estimated GF Value™ of ฿2.51. GuruFocus considers Thai Poly Acrylic PCL to be Fairly Valued.

Key valuation signals for BKK:TPA:

  • Cyclically Adjusted PB Ratio: 0.53 (49% below median its 10-year median of 1.03)
  • GF Value™: ฿2.51 vs. price of ฿2.56 (2% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 68.5% below the Chemicals median (#142 of 1203)

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


Thai Poly Acrylic PCL Business Description

Address 60-61 Moo 9, Putthamonthon Road Sai 4 Road, Krathumlom, Sampran, Nakornpathom, THA, 73220
Thai Poly Acrylic PCL is principally engaged in the manufacture and distribution of acrylic sheets, acrylonitrile butadiene styrene sheets, high impact polystyrene sheets and other extruded plastic sheets. The company generates revenues from Thailand and Overseas markets.
57GF Score

Get the complete analysis for BKK:TPA

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

฿2.56
Price
฿2.51
GF Value