Vibhavadi Medical Center PCL (BKK:VIBHA) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:VIBHA Vibhavadi Medical Center PCL BKK:VIBHA
63 GF Score
Price ฿1.35
GF Value ฿1.08
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Vibhavadi Medical Center PCL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vibhavadi Medical Center PCL  (BKK:VIBHA) 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.


Vibhavadi Medical Center PCL Cyclically Adjusted PB Ratio Related Terms


Vibhavadi Medical Center PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vibhavadi Medical Center 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.

Vibhavadi Medical Center PCL Cyclically Adjusted PB Ratio Chart

Vibhavadi Medical Center 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 3.53 3.08 1.84 1.90 1.30

Vibhavadi Medical Center PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 1.54 1.34 1.43 1.31 1.27

BKK:VIBHA vs HCA, THC, EHC: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Vibhavadi Medical Center 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.


Vibhavadi Medical Center PCL Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Vibhavadi Medical Center PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vibhavadi Medical Center PCL's Cyclically Adjusted PB Ratio falls into.


BKK:VIBHA
63GF Score
Vibhavadi Medical Center PCL BKK:VIBHA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vibhavadi Medical Center 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.

Vibhavadi Medical Center PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Vibhavadi Medical Center 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)
=0.908/333.9520*333.9520
=0.908

Current CPI (Jun. 2026) = 333.9520.

Vibhavadi Medical Center PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.615 241.018 0.852
201609 0.697 241.428 0.964
201612 0.701 241.432 0.970
201703 0.636 243.801 0.871
201706 0.655 244.955 0.893
201709 0.692 246.819 0.936
201712 0.710 246.524 0.962
201803 0.717 249.554 0.959
201806 0.681 251.989 0.903
201809 0.717 252.439 0.949
201812 0.710 251.233 0.944
201903 0.781 254.202 1.026
201906 0.771 256.143 1.005
201909 0.774 256.759 1.007
201912 0.782 256.974 1.016
202003 0.759 258.115 0.982
202006 0.751 257.797 0.973
202009 0.750 260.280 0.962
202012 0.791 260.474 1.014
202103 0.838 264.877 1.057
202106 0.843 271.696 1.036
202109 0.950 274.310 1.157
202112 1.124 278.802 1.346
202203 1.205 287.504 1.400
202206 1.244 296.311 1.402
202209 1.339 296.808 1.507
202212 1.346 296.797 1.515
202303 1.265 301.836 1.400
202306 1.146 305.109 1.254
202309 1.182 307.789 1.282
202312 1.195 306.746 1.301
202403 1.158 312.332 1.238
202406 1.105 314.175 1.175
202409 1.071 315.301 1.134
202412 1.059 315.605 1.121
202503 0.972 319.799 1.015
202506 0.902 322.561 0.934
202509 0.922 324.800 0.948
202603 0.934 330.213 0.945
202606 0.908 333.952 0.908

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 Vibhavadi Medical Center PCL (BKK:VIBHA) Overvalued in 2026?

Based on GuruFocus' analysis, Vibhavadi Medical Center PCL stock appears to be overvalued. The current stock price of ฿1.35 is trading 25% above its estimated GF Value™ of ฿1.08. GuruFocus considers Vibhavadi Medical Center PCL to be Modestly Overvalued.

Key valuation signals for BKK:VIBHA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ฿1.08 vs. price of ฿1.35 (25% above fair value)
  • GF Score™: 63/100 with 5 warning signs

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


Vibhavadi Medical Center PCL Business Description

Address 51/3 Ngam Wong Wan Road, Latyao Sub-District, Chatuchak District, Bangkok, THA, 10900
Vibhavadi Medical Center PCL provides the medical services known as Vibhavadi Hospital. The services provided include Pediatric Diseases, General Surgery, Orthopedic Center, General Medicine, Women's Health, Gastrointestinal Center, Cardiology, Neurology, Brain Tumor Surgery, Gamma Knife Radiosurgery for Brain, Cancer, Respiratory Diseases, Plastic Surgery, ENT (Ear, Nose, Throat) Department, Dental Center, Life Style Health Screening Center, Lasik Center, Eye, Hemodialysis Department, Dermatology Center, and Other Clinics and Services. Its segments include Hospital provides general hospital and hospital in social security; and Others provide rental services and rental space. The majority of the revenue is derived from the Hospital segment.
63GF Score

Get the complete analysis for BKK:VIBHA

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

฿1.35
Price
฿1.08
GF Value