KPCPY (Kasikornbank Public Co) Cyclically Adjusted PB Ratio: 1.08 (As of Sep. 15, 2026) — 16% Above Median

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KPCPY Kasikornbank Public Co Ltd KPCPY
61 GF Score
Price $30.40
GF Value $18.24
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Kasikornbank Public Co Cyclically Adjusted PB Ratio?

Kasikornbank Public Co KPCPY +0.23% 61 Cyclically Adjusted PB Ratio is 1.08 as of Sep. 15, 2026, which is 16% above its 10-year median of 0.93. GuruFocus rates KPCPY with a GF Scoreâ„¢ of 61/100 and a GF Valueâ„¢ of $18.24 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,273 Banks companies, Kasikornbank Public Co ranks better than 62.53% on this metric.

As of today (2026-09-15), Kasikornbank Public Co's current share price is $30.40. Kasikornbank Public Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $28.20. Kasikornbank Public Co's Cyclically Adjusted PB Ratio for today is 1.08.

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

KPCPY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.93   Max: 2.66
Current: 1.07

During the past years, Kasikornbank Public Co's highest Cyclically Adjusted PB Ratio was 2.66. The lowest was 0.59. And the median was 0.93.

KPCPY's Cyclically Adjusted PB Ratio is ranked better than
62.53% of 1273 companies
in the Banks industry
Industry Median: 1.29 vs KPCPY: 1.07

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.

Kasikornbank Public Co's adjusted book value per share data for the three months ended in Jun. 2026 was $34.122. 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 $28.20 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kasikornbank Public Co  (OTCPK:KPCPY) 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.


Kasikornbank Public Co Cyclically Adjusted PB Ratio Related Terms


Kasikornbank Public Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kasikornbank Public Co'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.

Kasikornbank Public Co Cyclically Adjusted PB Ratio Chart

Kasikornbank Public Co 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 0.80 0.73 0.61 0.64 0.83

Kasikornbank Public Co 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 0.71 0.72 0.86 0.80 0.89

Kasikornbank Public Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Kasikornbank Public Co'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.


Kasikornbank Public Co Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Kasikornbank Public Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kasikornbank Public Co's Cyclically Adjusted PB Ratio falls into.


KPCPY
61GF Score
Kasikornbank Public Co Ltd KPCPY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kasikornbank Public Co 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.

Kasikornbank Public Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.40/28.20
=1.08

* 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.

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

For example, Kasikornbank Public Co'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)
=34.122/333.9520*333.9520
=34.122

Current CPI (Jun. 2026) = 333.9520.

Kasikornbank Public Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.489 241.428 22.808
201612 16.518 241.432 22.848
201703 17.825 243.801 24.416
201706 18.155 244.955 24.751
201709 19.029 246.819 25.747
201712 19.889 246.524 26.942
201803 21.420 249.554 28.664
201806 20.239 251.989 26.822
201809 21.361 252.439 28.259
201812 21.448 251.233 28.510
201903 22.990 254.202 30.203
201906 24.117 256.143 31.443
201909 24.513 256.759 31.883
201912 25.316 256.974 32.900
202003 22.903 258.115 29.632
202006 24.618 257.797 31.890
202009 24.326 260.280 31.211
202012 26.808 260.474 34.370
202103 26.548 264.877 33.471
202106 26.232 271.696 32.243
202109 25.272 274.310 30.767
202112 26.337 278.802 31.547
202203 27.003 287.504 31.365
202206 25.280 296.311 28.491
202209 24.261 296.808 27.297
202212 26.884 296.797 30.250
202303 27.696 301.836 30.643
202306 26.923 305.109 29.468
202309 26.603 307.789 28.864
202312 28.751 306.746 31.301
202403 27.766 312.332 29.688
202406 27.405 314.175 29.130
202409 31.647 315.301 33.519
202412 31.201 315.605 33.015
202503 32.138 319.799 33.560
202506 33.164 322.561 34.335
202509 34.269 324.800 35.235
202512 36.105 324.054 37.208
202603 34.839 330.213 35.233
202606 34.122 333.952 34.122

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 1.08 mean?
Kasikornbank Public Co (KPCPY) has a Cyclically Adjusted PB Ratio of 1.08 as of Sep. 15, 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 Kasikornbank Public Co and its competitors. This is 16% above median its historical median of 0.93. Over the past decade, Kasikornbank Public Co's Cyclically Adjusted PB Ratio has ranged from 0.59 to 2.66. According to the industry distribution chart, Kasikornbank Public Co ranks #477 out of 1273 companies in the Banks industry, placing it in the top 37.5%.
Is Kasikornbank Public Co's Cyclically Adjusted PB Ratio too high?
Kasikornbank Public Co's current Cyclically Adjusted PB Ratio of 1.08 is 16% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.66. The Banks industry median Cyclically Adjusted PB Ratio is 1.29. Kasikornbank Public Co's value of 1.08 is 16.3% below this industry median. Based on the distribution chart, Kasikornbank Public Co ranks #477 out of 1273 companies in the Banks industry, which is above the industry midpoint. Overall, Kasikornbank Public Co has a GF Scoreâ„¢ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kasikornbank Public Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Kasikornbank Public Co ranks #477 out of 1273 companies for Cyclically Adjusted PB Ratio. This puts Kasikornbank Public Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. Kasikornbank Public Co's value of 1.08 is 16.3% below this benchmark. Historically, Kasikornbank Public Co's own Cyclically Adjusted PB Ratio has ranged from 0.59 to 2.66 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.29, Kasikornbank Public Co 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 1,273 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. Kasikornbank Public Co's current Cyclically Adjusted PB Ratio of 1.08 is 16.3% 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 Kasikornbank Public Co 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. Kasikornbank Public Co's current Cyclically Adjusted PB Ratio is 1.08, which is 16% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kasikornbank Public Co stock overvalued right now?
Based on GuruFocus' analysis, Kasikornbank Public Co (KPCPY) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.24, compared to a current price of $30.40 — trading 66.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 16% above median its 10-year median of 0.93 and 16.3% below the Banks industry median of 1.29. Kasikornbank Public Co's overall GF Score™ is 61/100 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 Kasikornbank Public Co (KPCPY), the current Cyclically Adjusted PB Ratio is 1.08 as of Sep. 15, 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 Kasikornbank Public Co (KPCPY) Overvalued in 2026?

Based on GuruFocus' analysis, Kasikornbank Public Co stock appears to be overvalued. The current stock price of $30.40 is trading 66.7% above its estimated GF Value™ of $18.24. GuruFocus considers Kasikornbank Public Co to be Significantly Overvalued.

Key valuation signals for KPCPY:

  • Cyclically Adjusted PB Ratio: 1.08 (16% above median its 10-year median of 0.93)
  • GF Value™: $18.24 vs. price of $30.40 (66.7% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 16.3% below the Banks median (#477 of 1273)

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


Kasikornbank Public Co Business Description

Address 400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business customers of the company include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services, such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, foreign currency exchange services, and other related businesses.
61GF Score

Get the complete analysis for KPCPY

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

$30.40
Price
$18.24
GF Value