DLEGF (Delta Electronics (Thailand) PCL) Cyclically Adjusted PB Ratio: 68.29 (As of Jul. 07, 2026) — 282% Above Median


DLEGF Delta Electronics (Thailand) PCL DLEGF
89 GF Score
Price $9.56
GF Value $5.32
Valuation Significantly Overvalued
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What is Delta Electronics (Thailand) PCL Cyclically Adjusted PB Ratio?

Delta Electronics (Thailand) PCL DLEGF 89 Cyclically Adjusted PB Ratio is 68.29 as of Jul. 07, 2026, which is 282% above its 10-year median of 17.86. GuruFocus rates DLEGF with a GF Score™ of 89/100 and a GF Value™ of $5.32 (Significantly Overvalued). Among 2,295 Industrial Products companies, Delta Electronics (Thailand) PCL ranks worse than 99.65% on this metric.

As of today (2026-07-07), Delta Electronics (Thailand) PCL's current share price is $9.56. Delta Electronics (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.14. Delta Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio for today is 68.29.

The historical rank and industry rank for Delta Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

DLEGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 17.86   Max: 79.26
Current: 68.85

During the past years, Delta Electronics (Thailand) PCL's highest Cyclically Adjusted PB Ratio was 79.26. The lowest was 1.46. And the median was 17.86.

DLEGF's Cyclically Adjusted PB Ratio is ranked worse than
99.65% of 2295 companies
in the Industrial Products industry
Industry Median: 2.29 vs DLEGF: 68.85

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.

Delta Electronics (Thailand) PCL's adjusted book value per share data for the three months ended in Mar. 2026 was $0.265. 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 $0.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Electronics (Thailand) PCL  (OTCPK:DLEGF) 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.


Delta Electronics (Thailand) PCL Cyclically Adjusted PB Ratio Related Terms


Delta Electronics (Thailand) PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Delta Electronics (Thailand) 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.

Delta Electronics (Thailand) PCL Cyclically Adjusted PB Ratio Chart

Delta Electronics (Thailand) 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 15.30 27.23 25.81 39.63 39.62

Delta Electronics (Thailand) 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 16.42 23.22 37.15 39.62 56.61

DLEGF vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Delta Electronics (Thailand) 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.


Delta Electronics (Thailand) PCL Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Delta Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Delta Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio falls into.


DLEGF
89GF Score
Delta Electronics (Thailand) PCL DLEGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Electronics (Thailand) 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.

Delta Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.56/0.14
=68.29

* 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.

Delta Electronics (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Delta Electronics (Thailand) 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)
=0.265/330.2130*330.2130
=0.265

Current CPI (Mar. 2026) = 330.2130.

Delta Electronics (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.066 241.018 0.090
201609 0.070 241.428 0.096
201612 0.071 241.432 0.097
201703 0.067 243.801 0.091
201706 0.071 244.955 0.096
201709 0.076 246.819 0.102
201712 0.080 246.524 0.107
201803 0.085 249.554 0.112
201806 0.079 251.989 0.104
201809 0.082 252.439 0.107
201812 0.083 251.233 0.109
201903 0.089 254.202 0.116
201906 0.084 256.143 0.108
201909 0.086 256.759 0.111
201912 0.088 256.974 0.113
202003 0.081 258.115 0.104
202006 0.086 257.797 0.110
202009 0.094 260.280 0.119
202012 0.100 260.474 0.127
202103 0.093 264.877 0.116
202106 0.096 271.696 0.117
202109 0.096 274.310 0.116
202112 0.099 278.802 0.117
202203 0.106 287.504 0.122
202206 0.106 296.311 0.118
202209 0.111 296.808 0.123
202212 0.126 296.797 0.140
202303 0.135 301.836 0.148
202306 0.134 305.109 0.145
202309 0.144 307.789 0.154
202312 0.155 306.746 0.167
202403 0.164 312.332 0.173
202406 0.162 314.175 0.170
202409 0.186 315.301 0.195
202412 0.188 315.605 0.197
202503 0.203 319.799 0.210
202506 0.207 322.561 0.212
202509 0.228 324.800 0.232
202512 0.246 324.054 0.251
202603 0.265 330.213 0.265

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 68.29 mean?
Delta Electronics (Thailand) PCL (DLEGF) has a Cyclically Adjusted PB Ratio of 68.29 as of Jul. 07, 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 Delta Electronics (Thailand) PCL and its competitors. This is 282% above median its historical median of 17.86. Over the past decade, Delta Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio has ranged from 1.46 to 79.26. According to the industry distribution chart, Delta Electronics (Thailand) PCL ranks #2287 out of 2295 companies in the Industrial Products industry, placing it in the top 99.7%.
Is Delta Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio too high?
Delta Electronics (Thailand) PCL's current Cyclically Adjusted PB Ratio of 68.29 is 282% above median its 10-year median of 17.86. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 79.26. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.29. Delta Electronics (Thailand) PCL's value of 68.29 is 2882.1% above this industry median. Based on the distribution chart, Delta Electronics (Thailand) PCL ranks #2287 out of 2295 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Delta Electronics (Thailand) PCL has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Electronics (Thailand) PCL's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Delta Electronics (Thailand) PCL ranks #2287 out of 2295 companies for Cyclically Adjusted PB Ratio. This places Delta Electronics (Thailand) PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.29. Delta Electronics (Thailand) PCL's value of 68.29 is 2882.1% above this benchmark. Historically, Delta Electronics (Thailand) PCL's own Cyclically Adjusted PB Ratio has ranged from 1.46 to 79.26 over the past decade. While the company's 10-year median is 17.86 vs. the industry median of 2.29, Delta Electronics (Thailand) 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.29, based on 2,295 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. Delta Electronics (Thailand) PCL's current Cyclically Adjusted PB Ratio of 68.29 is 2882.1% 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 Delta Electronics (Thailand) PCL and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Electronics (Thailand) PCL's current Cyclically Adjusted PB Ratio is 68.29, which is 282% above median its own 10-year median of 17.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Electronics (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Delta Electronics (Thailand) PCL (DLEGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.32, compared to a current price of $9.56 — trading 79.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 68.29, which is 282% above median its 10-year median of 17.86 and 2882.1% above the Industrial Products industry median of 2.29. Delta Electronics (Thailand) PCL's overall GF Score™ is 89/100. 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 Delta Electronics (Thailand) PCL (DLEGF), the current Cyclically Adjusted PB Ratio is 68.29 as of Jul. 07, 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 Delta Electronics (Thailand) PCL (DLEGF) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Electronics (Thailand) PCL stock appears to be overvalued. The current stock price of $9.56 is trading 79.7% above its estimated GF Value™ of $5.32. GuruFocus considers Delta Electronics (Thailand) PCL to be Significantly Overvalued.

Key valuation signals for DLEGF:

  • Cyclically Adjusted PB Ratio: 68.29 (282% above median its 10-year median of 17.86)
  • GF Value™: $5.32 vs. price of $9.56 (79.7% above fair value)
  • GF Score™: 89/100
  • Industry Position: 2882.1% above the Industrial Products median (#2287 of 2295)

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


Delta Electronics (Thailand) PCL Business Description

Address 909 Soi 9, 714 Moo 4, Pattana 1 Road, Bangpoo Industrial Estate (E.P.Z), Tambon Prakasa, Amphur Muangsamutprakarn, Samutprakarn, THA, 10280
Delta Electronics (Thailand) PCL manufactures and distributes power supplies, electronic equipment, and components such as DC fans, EMI filters, solenoids, etc. The group's reportable segments are: Power electronics, Mobility, Infrastructure, Automation, and Others. The majority of its revenue is generated from the Power electronics segment, which designs, manufactures, and sells power supplies applied to computer, server, office automation equipment, and household electric appliances. The Mobility segment makes EV power systems, the Infrastructure segment builds ICT and energy systems, and the Automation segment offers industrial and building automation. Geographically, the group generates maximum revenue from the United States, followed by Singapore, Germany, Taiwan, and other markets.
89GF Score

Get the complete analysis for DLEGF

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

$9.56
Price
$5.32
GF Value