CH. Karnchang PCL (FRA:NYVC) Cyclically Adjusted PB Ratio: 1.12 (As of Jul. 24, 2026) — 22% Below Median

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FRA:NYVC CH. Karnchang PCL FRA:NYVC
66 GF Score
Price €0.47
GF Value €0.52
Valuation Fairly Valued
! 11 Warning Signs
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What is CH. Karnchang PCL Cyclically Adjusted PB Ratio?

CH. Karnchang PCL FRA:NYVC -0.42% 66 Cyclically Adjusted PB Ratio is 1.12 as of Jul. 24, 2026, which is 22% below its 10-year median of 1.44. GuruFocus rates FRA:NYVC with a GF Score™ of 66/100 and a GF Value™ of €0.52 (Fairly Valued). The stock has 11 warning signs investors should review. Among 1,363 Construction companies, CH. Karnchang PCL ranks better than 54.81% on this metric.

As of today (2026-07-24), CH. Karnchang PCL's current share price is €0.472. CH. Karnchang PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.42. CH. Karnchang PCL's Cyclically Adjusted PB Ratio for today is 1.12.

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

FRA:NYVC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.44   Max: 3.68
Current: 1.04

During the past years, CH. Karnchang PCL's highest Cyclically Adjusted PB Ratio was 3.68. The lowest was 0.63. And the median was 1.44.

FRA:NYVC's Cyclically Adjusted PB Ratio is ranked better than
54.81% of 1363 companies
in the Construction industry
Industry Median: 1.17 vs FRA:NYVC: 1.04

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.

CH. Karnchang PCL's adjusted book value per share data for the three months ended in Mar. 2026 was €0.459. 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 €0.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CH. Karnchang PCL  (FRA:NYVC) 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.


CH. Karnchang PCL Cyclically Adjusted PB Ratio Related Terms


CH. Karnchang PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CH. Karnchang 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.

CH. Karnchang PCL Cyclically Adjusted PB Ratio Chart

CH. Karnchang 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 1.65 1.55 1.26 1.13 0.68

CH. Karnchang 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 0.80 0.65 0.88 0.68 0.87

FRA:NYVC vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, CH. Karnchang 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.


CH. Karnchang PCL Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, CH. Karnchang PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:NYVC
66GF Score
CH. Karnchang PCL FRA:NYVC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CH. Karnchang 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.

CH. Karnchang PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.472/0.42
=1.12

* 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.

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

For example, CH. Karnchang 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)
=0.459/330.2130*330.2130
=0.459

Current CPI (Mar. 2026) = 330.2130.

CH. Karnchang PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.319 241.018 0.437
201609 0.321 241.428 0.439
201612 0.336 241.432 0.460
201703 0.342 243.801 0.463
201706 0.338 244.955 0.456
201709 0.331 246.819 0.443
201712 0.359 246.524 0.481
201803 0.360 249.554 0.476
201806 0.365 251.989 0.478
201809 0.390 252.439 0.510
201812 0.403 251.233 0.530
201903 0.423 254.202 0.549
201906 0.476 256.143 0.614
201909 0.478 256.759 0.615
201912 0.482 256.974 0.619
202003 0.428 258.115 0.548
202006 0.443 257.797 0.567
202009 0.434 260.280 0.551
202012 0.426 260.474 0.540
202103 0.422 264.877 0.526
202106 0.411 271.696 0.500
202109 0.401 274.310 0.483
202112 0.408 278.802 0.483
202203 0.425 287.504 0.488
202206 0.412 296.311 0.459
202209 0.405 296.808 0.451
202212 0.393 296.797 0.437
202303 0.392 301.836 0.429
202306 0.383 305.109 0.415
202309 0.387 307.789 0.415
202312 0.394 306.746 0.424
202403 0.388 312.332 0.410
202406 0.384 314.175 0.404
202409 0.432 315.301 0.452
202412 0.430 315.605 0.450
202503 0.419 319.799 0.433
202506 0.415 322.561 0.425
202509 0.445 324.800 0.452
202512 0.453 324.054 0.462
202603 0.459 330.213 0.459

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 1.12 mean?
CH. Karnchang PCL (FRA:NYVC) has a Cyclically Adjusted PB Ratio of 1.12 as of Jul. 24, 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 CH. Karnchang PCL and its competitors. This is 22% below median its historical median of 1.44. Over the past decade, CH. Karnchang PCL's Cyclically Adjusted PB Ratio has ranged from 0.63 to 3.68. According to the industry distribution chart, CH. Karnchang PCL ranks #616 out of 1363 companies in the Construction industry, placing it in the top 45.2%.
Is CH. Karnchang PCL's Cyclically Adjusted PB Ratio too high?
CH. Karnchang PCL's current Cyclically Adjusted PB Ratio of 1.12 is 22% below median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 3.68. The Construction industry median Cyclically Adjusted PB Ratio is 1.17. CH. Karnchang PCL's value of 1.12 is 4.3% below this industry median. Based on the distribution chart, CH. Karnchang PCL ranks #616 out of 1363 companies in the Construction industry, which is above the industry midpoint. Overall, CH. Karnchang PCL has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CH. Karnchang PCL's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, CH. Karnchang PCL ranks #616 out of 1363 companies for Cyclically Adjusted PB Ratio. This puts CH. Karnchang PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. CH. Karnchang PCL's value of 1.12 is 4.3% below this benchmark. Historically, CH. Karnchang PCL's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 3.68 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.17, CH. Karnchang 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.17, based on 1,363 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. CH. Karnchang PCL's current Cyclically Adjusted PB Ratio of 1.12 is 4.3% 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 CH. Karnchang PCL and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CH. Karnchang PCL's current Cyclically Adjusted PB Ratio is 1.12, which is 22% below median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CH. Karnchang PCL stock overvalued right now?
Based on GuruFocus' analysis, CH. Karnchang PCL (FRA:NYVC) is currently considered Fairly Valued. The stock's GF Value™ is €0.52, compared to a current price of €0.47 — trading 9.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is 22% below median its 10-year median of 1.44 and 4.3% below the Construction industry median of 1.17. CH. Karnchang PCL's overall GF Score™ is 66/100 with 11 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 CH. Karnchang PCL (FRA:NYVC), the current Cyclically Adjusted PB Ratio is 1.12 as of Jul. 24, 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 CH. Karnchang PCL (FRA:NYVC) Overvalued in 2026?

Based on GuruFocus' analysis, CH. Karnchang PCL stock appears to be undervalued. The current stock price of €0.47 is trading 9.2% below its estimated GF Value™ of €0.52. GuruFocus considers CH. Karnchang PCL to be Fairly Valued.

Key valuation signals for FRA:NYVC:

  • Cyclically Adjusted PB Ratio: 1.12 (22% below median its 10-year median of 1.44)
  • GF Value™: €0.52 vs. price of €0.47 (9.2% below fair value)
  • GF Score™: 66/100 with 11 warning signs
  • Industry Position: 4.3% below the Construction median (#616 of 1363)

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


CH. Karnchang PCL Business Description

Other Exchanges CK:Thailand
Address 587 Suthisarn Winitchai Road, Khwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CH. Karnchang PCL is engaged in the provision of construction services. Its construction services include public transport systems, airports, roads, expressways, bridges, energy, water, port systems, and buildings. The Group is principally engaged in construction and provision of related services and investment in infrastructure, and the two geographic areas in which these activities are carried on are Thailand and the Lao People's Democratic Republic.
66GF Score

Get the complete analysis for FRA:NYVC

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

€0.47
Price
€0.52
GF Value