Union Mosaic Industry PCL (BKK:UMI) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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BKK:UMI Union Mosaic Industry PCL BKK:UMI
49 GF Score
Price ฿0.88
GF Value ฿0.74
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Union Mosaic Industry PCL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Union Mosaic Industry PCL  (BKK:UMI) 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.


Union Mosaic Industry PCL Cyclically Adjusted PB Ratio Related Terms


Union Mosaic Industry PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Union Mosaic Industry 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.

Union Mosaic Industry PCL Cyclically Adjusted PB Ratio Chart

Union Mosaic Industry 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 0.81 0.65 0.44 0.33 0.32

Union Mosaic Industry 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 0.29 0.39 0.32 0.32 0.42

BKK:UMI vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Union Mosaic Industry 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.


Union Mosaic Industry PCL Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Union Mosaic Industry PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Union Mosaic Industry PCL's Cyclically Adjusted PB Ratio falls into.


BKK:UMI
49GF Score
Union Mosaic Industry PCL BKK:UMI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Union Mosaic Industry 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.

Union Mosaic Industry PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Union Mosaic Industry 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)
=2.467/333.9520*333.9520
=2.467

Current CPI (Jun. 2026) = 333.9520.

Union Mosaic Industry PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.130 241.428 2.946
201612 2.087 241.432 2.887
201703 2.112 243.801 2.893
201706 1.996 244.955 2.721
201709 1.971 246.819 2.667
201712 1.928 246.524 2.612
201803 1.929 249.554 2.581
201806 1.883 251.989 2.495
201809 1.873 252.439 2.478
201812 1.896 251.233 2.520
201903 1.875 254.202 2.463
201906 1.856 256.143 2.420
201909 1.857 256.759 2.415
201912 1.780 256.974 2.313
202003 1.709 258.115 2.211
202006 1.636 257.797 2.119
202009 1.630 260.280 2.091
202012 1.599 260.474 2.050
202103 1.589 264.877 2.003
202106 1.544 271.696 1.898
202109 1.524 274.310 1.855
202112 1.433 278.802 1.716
202203 1.387 287.504 1.611
202206 1.670 296.311 1.882
202209 1.663 296.808 1.871
202212 1.592 296.797 1.791
202303 1.532 301.836 1.695
202306 1.527 305.109 1.671
202309 1.547 307.789 1.678
202312 1.806 306.746 1.966
202403 1.809 312.332 1.934
202406 1.778 314.175 1.890
202409 1.797 315.301 1.903
202412 1.805 315.605 1.910
202503 1.821 319.799 1.902
202506 1.829 322.561 1.894
202509 1.857 324.800 1.909
202512 1.903 324.054 1.961
202603 2.478 330.213 2.506
202606 2.467 333.952 2.467

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.

Is Union Mosaic Industry PCL (BKK:UMI) Overvalued in 2026?

Based on GuruFocus' analysis, Union Mosaic Industry PCL stock appears to be overvalued. The current stock price of ฿0.88 is trading 18.9% above its estimated GF Value™ of ฿0.74. GuruFocus considers Union Mosaic Industry PCL to be Modestly Overvalued.

Key valuation signals for BKK:UMI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ฿0.74 vs. price of ฿0.88 (18.9% above fair value)
  • GF Score™: 49/100 with 6 warning signs

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


Union Mosaic Industry PCL Business Description

Other Exchanges UMI-R:Thailand
Address Rama 9 Road, 29th Floor, 65 Chamnan Phenjati Business Center, Huai Khwang District, Bangkok, THA, 10320
Union Mosaic Industry PCL is a Thailand-based company engaged in the production and distribution of ceramic floor and wall tiles. The group operates through two principal segments: Local floor and wall tiles, which focuses on the manufacture and sale of tiles within the domestic market in Thailand, and Export floor and wall tiles, which involves the sale and distribution of tiles to international markets.
49GF Score

Get the complete analysis for BKK:UMI

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

฿0.88
Price
฿0.74
GF Value