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Tycoons Worldwide Group (Thailand) PCLBKK:TYCN 42 Cyclically Adjusted PB Ratio is 0.18 as of Aug. 31, 2026, which is 28% below its 10-year median of 0.25. GuruFocus rates BKK:TYCN with a GF Score™ of 42/100 and a GF Value™ of ฿2.95 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 415 Steel companies, Tycoons Worldwide Group (Thailand) PCL ranks better than 93.01% on this metric.
The historical rank and industry rank for Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:
BKK:TYCN'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.25 Max: 0.45
Current: 0.18
During the past years, Tycoons Worldwide Group (Thailand) PCL's highest Cyclically Adjusted PB Ratio was 0.45. The lowest was 0.16. And the median was 0.25.
BKK:TYCN's Cyclically Adjusted PB Ratio is ranked better than 93.01% of 415
companies
in the Steel industry
Industry Median: 0.8
vs BKK:TYCN: 0.18
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.
Tycoons Worldwide Group (Thailand) PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿6.666. 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 ฿9.27 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) 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.
Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted PB Ratio Related Terms
Tycoons Worldwide Group (Thailand) 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.
Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted PB Ratio Chart
Tycoons Worldwide Group (Thailand) PCL Annual Data
BKK:TYCN vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison
For the Steel subindustry, Tycoons Worldwide Group (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.
Tycoons Worldwide Group (Thailand) PCL Cyclically Adjusted PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio falls into.
Tycoons Worldwide Group (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.
* 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 0.18 mean?
Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) has a Cyclically Adjusted PB Ratio of 0.18 as of Aug. 31, 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 Tycoons Worldwide Group (Thailand) PCL and its competitors. This is 28% below median its historical median of 0.25. Over the past decade, Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.45. According to the industry distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #29 out of 415 companies in the Steel industry, placing it in the top 7%.
Is Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio too high?
Tycoons Worldwide Group (Thailand) PCL's current Cyclically Adjusted PB Ratio of 0.18 is 28% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.45. The Steel industry median Cyclically Adjusted PB Ratio is 0.80. Tycoons Worldwide Group (Thailand) PCL's value of 0.18 is 77.5% below this industry median. Based on the distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #29 out of 415 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tycoons Worldwide Group (Thailand) PCL has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tycoons Worldwide Group (Thailand) PCL's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #29 out of 415 companies for Cyclically Adjusted PB Ratio. This places Tycoons Worldwide Group (Thailand) PCL in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.80. Tycoons Worldwide Group (Thailand) PCL's value of 0.18 is 77.5% below this benchmark. Historically, Tycoons Worldwide Group (Thailand) PCL's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.45 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.80, Tycoons Worldwide Group (Thailand) 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.80, based on 415 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. Tycoons Worldwide Group (Thailand) PCL's current Cyclically Adjusted PB Ratio of 0.18 is 77.5% 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 Tycoons Worldwide Group (Thailand) PCL and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tycoons Worldwide Group (Thailand) PCL's current Cyclically Adjusted PB Ratio is 0.18, which is 28% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tycoons Worldwide Group (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.95, compared to a current price of ฿1.67 — trading 43.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.18, which is 28% below median its 10-year median of 0.25 and 77.5% below the Steel industry median of 0.80. Tycoons Worldwide Group (Thailand) PCL's overall GF Score™ is 42/100 with 8 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 Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN), the current Cyclically Adjusted PB Ratio is 0.18 as of Aug. 31, 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 Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) Overvalued in 2026?
Based on GuruFocus' analysis, Tycoons Worldwide Group (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿1.67 is trading 43.4% below its estimated GF Value™ of ฿2.95.
GuruFocus considers Tycoons Worldwide Group (Thailand) PCL to be Possible Value Trap.
Key valuation signals for BKK:TYCN:
Cyclically Adjusted PB Ratio: 0.18 (28% below median its 10-year median of 0.25)
GF Value™: ฿2.95 vs. price of ฿1.67 (43.4% below fair value)
Industry Position: 77.5% below the Steel median (#29 of 415)
No single metric tells the full story. See the BKK:TYCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tycoons Worldwide Group (Thailand) PCL manufactures and distributes steel wire rods, steel annealing wires, reinforced concrete bars, steel bolts, and wire products. Its products include coil (wire rod)/wire, and screw/bolt. The company's only segment is the manufacture and distribution of steel products in Thailand.
42GF Score
Get the complete analysis for BKK:TYCN
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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