Zalekta PCL (BKK:ZAA) Cyclically Adjusted PB Ratio: 1.86 (As of Aug. 25, 2026) — 26% Below Median

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BKK:ZAA Zalekta PCL BKK:ZAA
56 GF Score
Price ฿1.60
GF Value ฿1.55
Valuation Fairly Valued
! 2 Warning Signs
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What is Zalekta PCL Cyclically Adjusted PB Ratio?

Zalekta PCL BKK:ZAA -3.03% 56 Cyclically Adjusted PB Ratio is 1.86 as of Aug. 25, 2026, which is 26% below its 10-year median of 2.50. GuruFocus rates BKK:ZAA with a GF Score™ of 56/100 and a GF Value™ of ฿1.55 (Fairly Valued). The stock has 2 warning signs investors should review. Among 675 Media - Diversified companies, Zalekta PCL ranks worse than 73.48% on this metric.

As of today (2026-08-25), Zalekta PCL's current share price is ฿1.60. Zalekta PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿0.86. Zalekta PCL's Cyclically Adjusted PB Ratio for today is 1.86.

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

BKK:ZAA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 2.5   Max: 5.2
Current: 1.93

During the past years, Zalekta PCL's highest Cyclically Adjusted PB Ratio was 5.20. The lowest was 0.98. And the median was 2.50.

BKK:ZAA's Cyclically Adjusted PB Ratio is ranked worse than
73.48% of 675 companies
in the Media - Diversified industry
Industry Median: 0.99 vs BKK:ZAA: 1.93

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.

Zalekta PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿0.336. 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 ฿0.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zalekta PCL  (BKK:ZAA) 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.


Zalekta PCL Cyclically Adjusted PB Ratio Related Terms


Zalekta PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zalekta 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.

Zalekta PCL Cyclically Adjusted PB Ratio Chart

Zalekta 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 3.09 2.95 2.56 1.64 2.22

Zalekta 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 1.02 2.21 2.22 2.10 1.97

BKK:ZAA vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Zalekta 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.


Zalekta PCL Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zalekta PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:ZAA
56GF Score
Zalekta PCL BKK:ZAA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zalekta 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.60/0.86
=1.86

* 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.

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

For example, Zalekta 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)
=0.336/333.9520*333.9520
=0.336

Current CPI (Jun. 2026) = 333.9520.

Zalekta PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.202 241.428 1.663
201612 1.085 241.432 1.501
201703 1.015 243.801 1.390
201706 0.976 244.955 1.331
201709 1.002 246.819 1.356
201712 0.845 246.524 1.145
201803 0.839 249.554 1.123
201806 0.737 251.989 0.977
201809 0.759 252.439 1.004
201812 0.772 251.233 1.026
201903 0.773 254.202 1.016
201906 0.777 256.143 1.013
201909 0.792 256.759 1.030
201912 0.797 256.974 1.036
202003 0.743 258.115 0.961
202006 0.641 257.797 0.830
202009 0.644 260.280 0.826
202012 0.698 260.474 0.895
202103 0.676 264.877 0.852
202106 0.668 271.696 0.821
202109 0.649 274.310 0.790
202112 0.668 278.802 0.800
202203 0.675 287.504 0.784
202206 0.688 296.311 0.775
202209 0.699 296.808 0.786
202212 0.706 296.797 0.794
202303 0.710 301.836 0.786
202306 0.715 305.109 0.783
202309 0.713 307.789 0.774
202312 0.629 306.746 0.685
202403 0.633 312.332 0.677
202406 0.608 314.175 0.646
202409 0.581 315.301 0.615
202412 0.445 315.605 0.471
202503 0.431 319.799 0.450
202506 0.412 322.561 0.427
202509 0.373 324.800 0.384
202512 0.361 324.054 0.372
202603 0.350 330.213 0.354
202606 0.336 333.952 0.336

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 1.86 mean?
Zalekta PCL (BKK:ZAA) has a Cyclically Adjusted PB Ratio of 1.86 as of Aug. 25, 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 Zalekta PCL and its competitors. This is 26% below median its historical median of 2.50. Over the past decade, Zalekta PCL's Cyclically Adjusted PB Ratio has ranged from 0.98 to 5.20. According to the industry distribution chart, Zalekta PCL ranks #496 out of 675 companies in the Media - Diversified industry, placing it in the top 73.5%.
Is Zalekta PCL's Cyclically Adjusted PB Ratio too high?
Zalekta PCL's current Cyclically Adjusted PB Ratio of 1.86 is 26% below median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 5.20. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.99. Zalekta PCL's value of 1.86 is 87.9% above this industry median. Based on the distribution chart, Zalekta PCL ranks #496 out of 675 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Zalekta PCL has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zalekta PCL's Cyclically Adjusted PB Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Zalekta PCL ranks #496 out of 675 companies for Cyclically Adjusted PB Ratio. This places Zalekta PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Zalekta PCL's value of 1.86 is 87.9% above this benchmark. Historically, Zalekta PCL's own Cyclically Adjusted PB Ratio has ranged from 0.98 to 5.20 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 0.99, Zalekta PCL has consistently been above 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.99, based on 675 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. Zalekta PCL's current Cyclically Adjusted PB Ratio of 1.86 is 87.9% above 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 Zalekta PCL and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zalekta PCL's current Cyclically Adjusted PB Ratio is 1.86, which is 26% below median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalekta PCL stock overvalued right now?
Based on GuruFocus' analysis, Zalekta PCL (BKK:ZAA) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.55, compared to a current price of ฿1.60 — trading 3.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.86, which is 26% below median its 10-year median of 2.50 and 87.9% above the Media - Diversified industry median of 0.99. Zalekta PCL's overall GF Score™ is 56/100 with 2 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 Zalekta PCL (BKK:ZAA), the current Cyclically Adjusted PB Ratio is 1.86 as of Aug. 25, 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 Zalekta PCL (BKK:ZAA) Overvalued in 2026?

Based on GuruFocus' analysis, Zalekta PCL stock appears to be overvalued. The current stock price of ฿1.60 is trading 3.2% above its estimated GF Value™ of ฿1.55. GuruFocus considers Zalekta PCL to be Fairly Valued.

Key valuation signals for BKK:ZAA:

  • Cyclically Adjusted PB Ratio: 1.86 (26% below median its 10-year median of 2.50)
  • GF Value™: ฿1.55 vs. price of ฿1.60 (3.2% above fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 87.9% above the Media - Diversified median (#496 of 675)

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


Zalekta PCL Business Description

Address Ploenchit Road, 29 Vanissa Building Tower B, 15th Floor, Unit B, Soi Chidlom, Lumpini, Pathumwan, Bangkok, THA, 10330
Zalekta PCL is engaged in the business of providing media, marketing services, and distribution of film rights, film production, and e-commerce and event management services. The company's segment includes four reportable segments which are Film rights distribution, Film production and related business, E-commerce and event management service, and Others. The company generates the majority of its revenue from the E-commerce and event management service segment.
56GF Score

Get the complete analysis for BKK:ZAA

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

฿1.60
Price
฿1.55
GF Value