The Thai Setakij Insurance PCL (BKK:TSI-R) Cyclically Adjusted PB Ratio: 0.23 (As of Jun. 30, 2026) — 76% Below Median


What is The Thai Setakij Insurance PCL Cyclically Adjusted PB Ratio?

The Thai Setakij Insurance PCL BKK:TSI-R Cyclically Adjusted PB Ratio is 0.23 as of Jun. 30, 2026, which is 76% below its 10-year median of 0.94. The stock has 2 warning signs investors should review. Among 419 Insurance companies, The Thai Setakij Insurance PCL ranks better than 95.47% on this metric.

As of today (2026-06-30), The Thai Setakij Insurance PCL's current share price is ฿0.06. The Thai Setakij Insurance PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.26. The Thai Setakij Insurance PCL's Cyclically Adjusted PB Ratio for today is 0.23.

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

BKK:TSI-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.94   Max: 1.81
Current: 0.27

During the past years, The Thai Setakij Insurance PCL's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.15. And the median was 0.94.

BKK:TSI-R's Cyclically Adjusted PB Ratio is ranked better than
95.47% of 419 companies
in the Insurance industry
Industry Median: 1.37 vs BKK:TSI-R: 0.27

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.

The Thai Setakij Insurance PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿0.126. 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 ฿0.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Thai Setakij Insurance PCL  (BKK:TSI-R) 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.


The Thai Setakij Insurance PCL Cyclically Adjusted PB Ratio Related Terms


The Thai Setakij Insurance PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Thai Setakij Insurance 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.

The Thai Setakij Insurance PCL Cyclically Adjusted PB Ratio Chart

The Thai Setakij Insurance 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 1.46 0.98 0.64 0.35 0.22

The Thai Setakij Insurance 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 0.20 0.20 0.21 0.22 0.23

BKK:TSI-R vs CB, PGR, TRV: Cyclically Adjusted PB Ratio Comparison

For the Insurance - Property & Casualty subindustry, The Thai Setakij Insurance 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.


The Thai Setakij Insurance PCL Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, The Thai Setakij Insurance PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Thai Setakij Insurance 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.

The Thai Setakij Insurance PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.06/0.26
=0.23

* 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.

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

For example, The Thai Setakij Insurance 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)
=0.126/330.2130*330.2130
=0.126

Current CPI (Mar. 2026) = 330.2130.

The Thai Setakij Insurance PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.357 241.018 0.489
201609 0.344 241.428 0.471
201612 0.267 241.432 0.365
201703 0.251 243.801 0.340
201706 0.203 244.955 0.274
201709 0.158 246.819 0.211
201712 0.182 246.524 0.244
201803 0.176 249.554 0.233
201806 0.170 251.989 0.223
201809 0.152 252.439 0.199
201812 0.134 251.233 0.176
201903 0.121 254.202 0.157
201906 0.176 256.143 0.227
201909 0.132 256.759 0.170
201912 0.259 256.974 0.333
202003 0.251 258.115 0.321
202006 0.231 257.797 0.296
202009 0.243 260.280 0.308
202012 0.218 260.474 0.276
202103 0.208 264.877 0.259
202106 0.198 271.696 0.241
202109 0.187 274.310 0.225
202112 0.195 278.802 0.231
202203 0.195 287.504 0.224
202206 0.198 296.311 0.221
202209 0.184 296.808 0.205
202212 0.188 296.797 0.209
202303 0.180 301.836 0.197
202306 0.167 305.109 0.181
202309 0.159 307.789 0.171
202312 0.116 306.746 0.125
202403 0.062 312.332 0.066
202406 0.070 314.175 0.074
202409 0.088 315.301 0.092
202412 0.112 315.605 0.117
202503 0.114 319.799 0.118
202506 0.112 322.561 0.115
202509 0.112 324.800 0.114
202512 0.134 324.054 0.137
202603 0.126 330.213 0.126

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 0.23 mean?
The Thai Setakij Insurance PCL (BKK:TSI-R) has a Cyclically Adjusted PB Ratio of 0.23 as of Jun. 30, 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 The Thai Setakij Insurance PCL and its competitors. This is 76% below median its historical median of 0.94. Over the past decade, The Thai Setakij Insurance PCL's Cyclically Adjusted PB Ratio has ranged from 0.15 to 1.81. According to the industry distribution chart, The Thai Setakij Insurance PCL ranks #19 out of 419 companies in the Insurance industry, placing it in the top 4.5%.
Is The Thai Setakij Insurance PCL's Cyclically Adjusted PB Ratio too high?
The Thai Setakij Insurance PCL's current Cyclically Adjusted PB Ratio of 0.23 is 76% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.81. The Insurance industry median Cyclically Adjusted PB Ratio is 1.37. The Thai Setakij Insurance PCL's value of 0.23 is 83.2% below this industry median. Based on the distribution chart, The Thai Setakij Insurance PCL ranks #19 out of 419 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers.
How does The Thai Setakij Insurance PCL's Cyclically Adjusted PB Ratio compare to CB and PGR?
According to the Insurance industry distribution chart, The Thai Setakij Insurance PCL ranks #19 out of 419 companies for Cyclically Adjusted PB Ratio. This places The Thai Setakij Insurance PCL in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.37. The Thai Setakij Insurance PCL's value of 0.23 is 83.2% below this benchmark. Historically, The Thai Setakij Insurance PCL's own Cyclically Adjusted PB Ratio has ranged from 0.15 to 1.81 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.37, The Thai Setakij Insurance 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 an Insurance company?
The median Cyclically Adjusted PB Ratio among Insurance companies is 1.37, based on 419 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. The Thai Setakij Insurance PCL's current Cyclically Adjusted PB Ratio of 0.23 is 83.2% 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 The Thai Setakij Insurance PCL and its competitors. For the Insurance industry, the median Cyclically Adjusted PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Thai Setakij Insurance PCL's current Cyclically Adjusted PB Ratio is 0.23, which is 76% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Thai Setakij Insurance PCL stock overvalued right now?
The Thai Setakij Insurance PCL (BKK:TSI-R) has a current Cyclically Adjusted PB Ratio of 0.23. The stock's GF Value™ is ฿0.13, compared to a current price of ฿0.06 — trading 53.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.23, which is 76% below median its 10-year median of 0.94 and 83.2% below the Insurance industry median of 1.37. 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 The Thai Setakij Insurance PCL (BKK:TSI-R), the current Cyclically Adjusted PB Ratio is 0.23 as of Jun. 30, 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.

The Thai Setakij Insurance PCL Business Description

Other Exchanges TSI:Thailand
Address Wireless Road, 15th Floor, Unit no. 1 and 4-6, 87 M. Thai Tower, All Seasons Place, Lumpini Subdistrict, Pathumwan District, Bangkok, THA, 10330
The Thai Setakij Insurance PCL is a company operating in the insurance sector. The primary activity of the company is to provide non-life insurance services. Its non-life insurance products include Fire insurance; Marine and transportation insurance; Motor insurance; and Miscellaneous insurance. The company operates principally in Thailand and generates key revenue from the Motor insurance Business unit.