Well Management PCL (BKK:WELL) Cyclically Adjusted PB Ratio: (As of Aug. 24, 2026)

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What is Well Management PCL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Well Management PCL  (BKK:WELL) 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.


Well Management PCL Cyclically Adjusted PB Ratio Related Terms


Well Management PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Well Management 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.

Well Management PCL Cyclically Adjusted PB Ratio Chart

Well Management 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 0.54 0.57 0.65 0.75 0.79

Well Management 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 0.78 0.79 0.79 0.76 0.00

BKK:WELL vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, Well Management 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.


Well Management PCL Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Well Management PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Well Management 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.

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

For example, Well Management 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)
=0.472/333.9520*333.9520
=0.472

Current CPI (Jun. 2026) = 333.9520.

Well Management PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.178 241.428 -0.246
201612 -0.239 241.432 -0.331
201703 0.778 243.801 1.066
201706 1.650 244.955 2.249
201709 1.653 246.819 2.237
201712 1.841 246.524 2.494
201803 1.784 249.554 2.387
201806 1.777 251.989 2.355
201809 1.674 252.439 2.215
201812 1.416 251.233 1.882
201903 1.340 254.202 1.760
201906 0.918 256.143 1.197
201909 1.025 256.759 1.333
201912 1.031 256.974 1.340
202003 0.957 258.115 1.238
202006 0.577 257.797 0.747
202009 0.539 260.280 0.692
202012 0.178 260.474 0.228
202103 0.145 264.877 0.183
202106 0.492 271.696 0.605
202109 0.624 274.310 0.760
202112 0.565 278.802 0.677
202203 0.576 287.504 0.669
202206 0.609 296.311 0.686
202209 0.331 296.808 0.372
202212 0.324 296.797 0.365
202303 0.232 301.836 0.257
202306 0.221 305.109 0.242
202309 0.211 307.789 0.229
202312 0.203 306.746 0.221
202403 0.208 312.332 0.222
202406 0.204 314.175 0.217
202409 0.209 315.301 0.221
202412 0.415 315.605 0.439
202503 0.417 319.799 0.435
202506 0.426 322.561 0.441
202509 0.430 324.800 0.442
202512 0.435 324.054 0.448
202603 0.573 330.213 0.579
202606 0.472 333.952 0.472

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.


Well Management PCL Business Description

Address 36/1 Ramkhamhaeng 40 (Serm Mirth) Alley, Hua Mak, Bang Kapi, Bangkok, THA, 10240
Well Management Corporation PCL is engaged in sales and engineering services, investment, and IT solutions. The group comprises five segments: Leasing asset, investment company, Sale of vehicles, IT solution provider, and manufacturing fuel from waste. The majority of its revenue is generated from the fuel manufacturing from waste which includes Produce solid fuel from waste.