BKKPF (Bangkok Bank PCL) Cyclically Adjusted PB Ratio: 0.65 (As of Sep. 06, 2026) — Near Median

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BKKPF Bangkok Bank PCL BKKPF
59 GF Score
Price $5.81
GF Value $4.26
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Bangkok Bank PCL Cyclically Adjusted PB Ratio?

Bangkok Bank PCL BKKPF 59 Cyclically Adjusted PB Ratio is 0.65 as of Sep. 06, 2026, which is 8% above its 10-year median of 0.60. GuruFocus rates BKKPF with a GF Score™ of 59/100 and a GF Value™ of $4.26 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,276 Banks companies, Bangkok Bank PCL ranks better than 82.29% on this metric.

As of today (2026-09-06), Bangkok Bank PCL's current share price is $5.81. Bangkok Bank PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $8.98. Bangkok Bank PCL's Cyclically Adjusted PB Ratio for today is 0.65.

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

BKKPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.6   Max: 1.34
Current: 0.65

During the past years, Bangkok Bank PCL's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.49. And the median was 0.60.

BKKPF's Cyclically Adjusted PB Ratio is ranked better than
82.29% of 1276 companies
in the Banks industry
Industry Median: 1.29 vs BKKPF: 0.65

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.

Bangkok Bank PCL's adjusted book value per share data for the three months ended in Jun. 2026 was $9.229. 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 $8.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Bank PCL  (OTCPK:BKKPF) 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.


Bangkok Bank PCL Cyclically Adjusted PB Ratio Related Terms


Bangkok Bank PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bangkok Bank 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.

Bangkok Bank PCL Cyclically Adjusted PB Ratio Chart

Bangkok Bank 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 0.55 0.61 0.61 0.55 0.59

Bangkok Bank 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 0.49 0.52 0.59 0.57 0.61

Bangkok Bank PCL Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Bangkok Bank 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.


Bangkok Bank PCL Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bangkok Bank PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKKPF
59GF Score
Bangkok Bank PCL BKKPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangkok Bank 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.81/8.98
=0.65

* 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.

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

For example, Bangkok Bank 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)
=9.229/333.9520*333.9520
=9.229

Current CPI (Jun. 2026) = 333.9520.

Bangkok Bank PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.597 241.428 7.742
201612 5.550 241.432 7.677
201703 5.797 243.801 7.941
201706 5.927 244.955 8.080
201709 6.213 246.819 8.406
201712 6.452 246.524 8.740
201803 6.796 249.554 9.094
201806 6.448 251.989 8.545
201809 6.506 252.439 8.607
201812 6.612 251.233 8.789
201903 7.020 254.202 9.222
201906 7.128 256.143 9.293
201909 7.375 256.759 9.592
201912 7.421 256.974 9.644
202003 6.772 258.115 8.762
202006 7.374 257.797 9.552
202009 7.339 260.280 9.416
202012 7.820 260.474 10.026
202103 7.829 264.877 9.871
202106 7.795 271.696 9.581
202109 7.706 274.310 9.381
202112 7.691 278.802 9.212
202203 7.842 287.504 9.109
202206 7.418 296.311 8.360
202209 7.209 296.808 8.111
202212 7.614 296.797 8.567
202303 7.832 301.836 8.665
202306 7.812 305.109 8.550
202309 7.710 307.789 8.365
202312 7.922 306.746 8.625
202403 8.096 312.332 8.656
202406 7.782 314.175 8.272
202409 8.646 315.301 9.157
202412 8.516 315.605 9.011
202503 8.738 319.799 9.125
202506 9.213 322.561 9.538
202509 9.581 324.800 9.851
202512 9.522 324.054 9.813
202603 9.384 330.213 9.490
202606 9.229 333.952 9.229

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 0.65 mean?
Bangkok Bank PCL (BKKPF) has a Cyclically Adjusted PB Ratio of 0.65 as of Sep. 06, 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 Bangkok Bank PCL and its competitors. This is near median its historical median of 0.60. Over the past decade, Bangkok Bank PCL's Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.34. According to the industry distribution chart, Bangkok Bank PCL ranks #226 out of 1276 companies in the Banks industry, placing it in the top 17.7%.
Is Bangkok Bank PCL's Cyclically Adjusted PB Ratio too high?
Bangkok Bank PCL's current Cyclically Adjusted PB Ratio of 0.65 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.34. The Banks industry median Cyclically Adjusted PB Ratio is 1.29. Bangkok Bank PCL's value of 0.65 is 49.6% below this industry median. Based on the distribution chart, Bangkok Bank PCL ranks #226 out of 1276 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Bangkok Bank PCL has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Bank PCL's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Bangkok Bank PCL ranks #226 out of 1276 companies for Cyclically Adjusted PB Ratio. This places Bangkok Bank PCL in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.29. Bangkok Bank PCL's value of 0.65 is 49.6% below this benchmark. Historically, Bangkok Bank PCL's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.34 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.29, Bangkok Bank 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.29, based on 1,276 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. Bangkok Bank PCL's current Cyclically Adjusted PB Ratio of 0.65 is 49.6% 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 Bangkok Bank PCL and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Bank PCL's current Cyclically Adjusted PB Ratio is 0.65, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Bank PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Bank PCL (BKKPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.26, compared to a current price of $5.81 — trading 36.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.65, which is near median its 10-year median of 0.60 and 49.6% below the Banks industry median of 1.29. Bangkok Bank PCL's overall GF Score™ is 59/100 with 6 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 Bangkok Bank PCL (BKKPF), the current Cyclically Adjusted PB Ratio is 0.65 as of Sep. 06, 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 Bangkok Bank PCL (BKKPF) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Bank PCL stock appears to be overvalued. The current stock price of $5.81 is trading 36.4% above its estimated GF Value™ of $4.26. GuruFocus considers Bangkok Bank PCL to be Significantly Overvalued.

Key valuation signals for BKKPF:

  • Cyclically Adjusted PB Ratio: 0.65 (near median its 10-year median of 0.60)
  • GF Value™: $4.26 vs. price of $5.81 (36.4% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 49.6% below the Banks median (#226 of 1276)

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


Bangkok Bank PCL Business Description

Address 333 Silom Road, Bangrak, Bangkok, THA, 10500
Bangkok Bank PCL is a Thai commercial bank with some international exposure. The bank's operaing segments are: Domestic banking, International banking, Investment banking, and Others. The majority of its revenue is generated from the Domestic banking segment, which provides financial services in domestic market. The main products and services offered under this segment are loans, deposits, trade finance, remittances and payments, electronic services, credit cards, debit cards and other related financial services. The International banking segment provides financial services through overseas branches and subsidiaries, and the Investment banking segment provides project services, corporate finance services, financial advisory services, securities business services, etc.
59GF Score

Get the complete analysis for BKKPF

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

$5.81
Price
$4.26
GF Value