Union Plastic PCL (BKK:UP) Cyclically Adjusted PB Ratio: 0.89 (As of Jul. 30, 2026) — 10% Above Median

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BKK:UP Union Plastic PCL BKK:UP
71 GF Score
Price ฿23.50
GF Value ฿16.77
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Union Plastic PCL Cyclically Adjusted PB Ratio?

Union Plastic PCL BKK:UP -1.26% 71 Cyclically Adjusted PB Ratio is 0.89 as of Jul. 30, 2026, which is 10% above its 10-year median of 0.81. GuruFocus rates BKK:UP with a GF Score™ of 71/100 and a GF Value™ of ฿16.77 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,024 Vehicles & Parts companies, Union Plastic PCL ranks better than 63.87% on this metric.

As of today (2026-07-30), Union Plastic PCL's current share price is ฿23.50. Union Plastic PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿26.32. Union Plastic PCL's Cyclically Adjusted PB Ratio for today is 0.89.

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

BKK:UP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.81   Max: 1.18
Current: 0.89

During the past years, Union Plastic PCL's highest Cyclically Adjusted PB Ratio was 1.18. The lowest was 0.48. And the median was 0.81.

BKK:UP's Cyclically Adjusted PB Ratio is ranked better than
63.87% of 1024 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs BKK:UP: 0.89

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.

Union Plastic PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿27.041. 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 ฿26.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Union Plastic PCL  (BKK:UP) 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 Plastic PCL Cyclically Adjusted PB Ratio Related Terms


Union Plastic PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Union Plastic 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 Plastic PCL Cyclically Adjusted PB Ratio Chart

Union Plastic 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 0.98 0.83 0.62 0.68 0.81

Union Plastic 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 0.65 0.82 0.81 0.81 0.87

BKK:UP vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Union Plastic 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 Plastic PCL Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Union Plastic PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:UP
71GF Score
Union Plastic PCL BKK:UP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Plastic 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 Plastic PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.50/26.32
=0.89

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

For example, Union Plastic 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)
=27.041/330.2130*330.2130
=27.041

Current CPI (Mar. 2026) = 330.2130.

Union Plastic PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.991 241.018 30.129
201609 22.088 241.428 30.211
201612 22.369 241.432 30.595
201703 22.416 243.801 30.361
201706 22.115 244.955 29.812
201709 22.327 246.819 29.871
201712 22.196 246.524 29.731
201803 23.318 249.554 30.855
201806 21.309 251.989 27.924
201809 20.727 252.439 27.113
201812 20.004 251.233 26.293
201903 21.059 254.202 27.356
201906 19.607 256.143 25.277
201909 19.224 256.759 24.724
201912 18.590 256.974 23.888
202003 20.784 258.115 26.589
202006 18.862 257.797 24.160
202009 18.942 260.280 24.031
202012 19.152 260.474 24.280
202103 20.884 264.877 26.035
202106 20.772 271.696 25.246
202109 20.022 274.310 24.102
202112 19.853 278.802 23.514
202203 21.742 287.504 24.972
202206 21.623 296.311 24.097
202209 21.310 296.808 23.708
202212 21.468 296.797 23.885
202303 23.319 301.836 25.511
202306 23.109 305.109 25.010
202309 22.858 307.789 24.523
202312 23.504 306.746 25.302
202403 25.361 312.332 26.813
202406 24.199 314.175 25.434
202409 24.317 315.301 25.467
202412 24.476 315.605 25.609
202503 26.744 319.799 27.615
202506 24.807 322.561 25.395
202509 24.733 324.800 25.145
202512 24.800 324.054 25.271
202603 27.041 330.213 27.041

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 0.89 mean?
Union Plastic PCL (BKK:UP) has a Cyclically Adjusted PB Ratio of 0.89 as of Jul. 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 Union Plastic PCL and its competitors. This is 10% above median its historical median of 0.81. Over the past decade, Union Plastic PCL's Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.18. According to the industry distribution chart, Union Plastic PCL ranks #370 out of 1024 companies in the Vehicles & Parts industry, placing it in the top 36.1%.
Is Union Plastic PCL's Cyclically Adjusted PB Ratio too high?
Union Plastic PCL's current Cyclically Adjusted PB Ratio of 0.89 is 10% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.18. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Union Plastic PCL's value of 0.89 is 29.6% below this industry median. Based on the distribution chart, Union Plastic PCL ranks #370 out of 1024 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Union Plastic PCL has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Plastic PCL's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Union Plastic PCL ranks #370 out of 1024 companies for Cyclically Adjusted PB Ratio. This puts Union Plastic PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Union Plastic PCL's value of 0.89 is 29.6% below this benchmark. Historically, Union Plastic PCL's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.18 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.27, Union Plastic 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,024 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. Union Plastic PCL's current Cyclically Adjusted PB Ratio of 0.89 is 29.6% 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 Union Plastic PCL and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Plastic PCL's current Cyclically Adjusted PB Ratio is 0.89, which is 10% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Plastic PCL stock overvalued right now?
Based on GuruFocus' analysis, Union Plastic PCL (BKK:UP) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿16.77, compared to a current price of ฿23.50 — trading 40.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.89, which is 10% above median its 10-year median of 0.81 and 29.6% below the Vehicles & Parts industry median of 1.27. Union Plastic PCL's overall GF Score™ is 71/100 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 Union Plastic PCL (BKK:UP), the current Cyclically Adjusted PB Ratio is 0.89 as of Jul. 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.

Is Union Plastic PCL (BKK:UP) Overvalued in 2026?

Based on GuruFocus' analysis, Union Plastic PCL stock appears to be overvalued. The current stock price of ฿23.50 is trading 40.1% above its estimated GF Value™ of ฿16.77. GuruFocus considers Union Plastic PCL to be Significantly Overvalued.

Key valuation signals for BKK:UP:

  • Cyclically Adjusted PB Ratio: 0.89 (10% above median its 10-year median of 0.81)
  • GF Value™: ฿16.77 vs. price of ฿23.50 (40.1% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 29.6% below the Vehicles & Parts median (#370 of 1024)

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


Union Plastic PCL Business Description

Address 11/1 Soi Serithai 62, Minburi Sub-district, Minburi District, Bangkok, THA, 10510
Union Plastic PCL is engaged in the manufacturing and distribution of thermoplastics. The company is also involved in the contract manufacture and repair of molds. The reportable segments of company are Manufacture and distribution of thermoplastics and Contract manufacture and repair of molds. The group generates a majority of its revenue from the manufacture and distribution of thermoplastics business.
71GF Score

Get the complete analysis for BKK:UP

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

฿23.50
Price
฿16.77
GF Value