LDHOF (Land and Houses PCL) Cyclically Adjusted PB Ratio: 0.74 (As of Jul. 06, 2026) — 64% Below Median


LDHOF Land and Houses PCL LDHOF
75 GF Score
Price $0.20
GF Value $0.24
! 10 Warning Signs
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What is Land and Houses PCL Cyclically Adjusted PB Ratio?

Land and Houses PCL LDHOF 75 Cyclically Adjusted PB Ratio is 0.74 as of Jul. 06, 2026, which is 64% below its 10-year median of 2.04. GuruFocus rates LDHOF with a GF Score™ of 75/100 and a GF Value™ of $0.24. The stock has 10 warning signs investors should review. Among 1,440 Real Estate companies, Land and Houses PCL ranks worse than 52.43% on this metric.

As of today (2026-07-06), Land and Houses PCL's current share price is $0.20. Land and Houses PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.27. Land and Houses PCL's Cyclically Adjusted PB Ratio for today is 0.74.

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

LDHOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 2.04   Max: 3.65
Current: 0.76

During the past years, Land and Houses PCL's highest Cyclically Adjusted PB Ratio was 3.65. The lowest was 0.66. And the median was 2.04.

LDHOF's Cyclically Adjusted PB Ratio is ranked worse than
52.43% of 1440 companies
in the Real Estate industry
Industry Median: 0.71 vs LDHOF: 0.76

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.

Land and Houses PCL's adjusted book value per share data for the three months ended in Mar. 2026 was $0.135. 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 $0.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Land and Houses PCL  (OTCPK:LDHOF) 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.


Land and Houses PCL Cyclically Adjusted PB Ratio Related Terms


Land and Houses PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Land and Houses 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.

Land and Houses PCL Cyclically Adjusted PB Ratio Chart

Land and Houses 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 2.08 2.15 1.69 1.02 0.76

Land and Houses 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 0.85 0.69 0.86 0.76 0.75

Land and Houses PCL Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Land and Houses 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.


Land and Houses PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Land and Houses PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LDHOF
75GF Score
Land and Houses PCL LDHOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Land and Houses 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.

Land and Houses PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.20/0.27
=0.74

* 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.

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

For example, Land and Houses 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)
=0.135/330.2130*330.2130
=0.135

Current CPI (Mar. 2026) = 330.2130.

Land and Houses PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.113 241.018 0.155
201609 0.109 241.428 0.149
201612 0.111 241.432 0.152
201703 0.117 243.801 0.158
201706 0.120 244.955 0.162
201709 0.119 246.819 0.159
201712 0.128 246.524 0.171
201803 0.147 249.554 0.195
201806 0.131 251.989 0.172
201809 0.124 252.439 0.162
201812 0.128 251.233 0.168
201903 0.139 254.202 0.181
201906 0.136 256.143 0.175
201909 0.134 256.759 0.172
201912 0.145 256.974 0.186
202003 0.135 258.115 0.173
202006 0.130 257.797 0.167
202009 0.127 260.280 0.161
202012 0.139 260.474 0.176
202103 0.140 264.877 0.175
202106 0.133 271.696 0.162
202109 0.121 274.310 0.146
202112 0.125 278.802 0.148
202203 0.130 287.504 0.149
202206 0.121 296.311 0.135
202209 0.112 296.808 0.125
202212 0.124 296.797 0.138
202303 0.128 301.836 0.140
202306 0.119 305.109 0.129
202309 0.112 307.789 0.120
202312 0.123 306.746 0.132
202403 0.123 312.332 0.130
202406 0.114 314.175 0.120
202409 0.128 315.301 0.134
202412 0.126 315.605 0.132
202503 0.130 319.799 0.134
202506 0.133 322.561 0.136
202509 0.139 324.800 0.141
202512 0.138 324.054 0.141
202603 0.135 330.213 0.135

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 0.74 mean?
Land and Houses PCL (LDHOF) has a Cyclically Adjusted PB Ratio of 0.74 as of Jul. 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 Land and Houses PCL and its competitors. This is 64% below median its historical median of 2.04. Over the past decade, Land and Houses PCL's Cyclically Adjusted PB Ratio has ranged from 0.66 to 3.65. According to the industry distribution chart, Land and Houses PCL ranks #755 out of 1440 companies in the Real Estate industry, placing it in the top 52.4%.
Is Land and Houses PCL's Cyclically Adjusted PB Ratio too high?
Land and Houses PCL's current Cyclically Adjusted PB Ratio of 0.74 is 64% below median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 3.65. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Land and Houses PCL's value of 0.74 is 4.2% above this industry median. Based on the distribution chart, Land and Houses PCL ranks #755 out of 1440 companies in the Real Estate industry, which is below the industry midpoint. Overall, Land and Houses PCL has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Land and Houses PCL's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Land and Houses PCL ranks #755 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Land and Houses PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Land and Houses PCL's value of 0.74 is 4.2% above this benchmark. Historically, Land and Houses PCL's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 3.65 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 0.71, Land and Houses 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,440 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. Land and Houses PCL's current Cyclically Adjusted PB Ratio of 0.74 is 4.2% 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 Land and Houses PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Land and Houses PCL's current Cyclically Adjusted PB Ratio is 0.74, which is 64% below median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land and Houses PCL stock overvalued right now?
Land and Houses PCL (LDHOF) has a current Cyclically Adjusted PB Ratio of 0.74. The stock's GF Value™ is $0.24, compared to a current price of $0.20 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.74, which is 64% below median its 10-year median of 2.04 and 4.2% above the Real Estate industry median of 0.71. Land and Houses PCL's overall GF Score™ is 75/100 with 10 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 Land and Houses PCL (LDHOF), the current Cyclically Adjusted PB Ratio is 0.74 as of Jul. 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 Land and Houses PCL (LDHOF) Overvalued in 2026?

Based on GuruFocus' analysis, Land and Houses PCL stock appears to be undervalued. The current stock price of $0.20 is trading 16.7% below its estimated GF Value™ of $0.24.

Key valuation signals for LDHOF:

  • Cyclically Adjusted PB Ratio: 0.74 (64% below median its 10-year median of 2.04)
  • GF Value™: $0.24 vs. price of $0.20 (16.7% below fair value)
  • GF Score™: 75/100 with 10 warning signs
  • Industry Position: 4.2% above the Real Estate median (#755 of 1440)

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


Land and Houses PCL Business Description

Address No. 1, South Sathon Road, 37-38 Floor, Q. House Lumpini Building, Kwaeng Tungmahamek, Khet Sathon, Bangkok, THA, 10120
Land and Houses PCL is a residential property development company in Thailand. The company focuses on developing single-detached houses. It also develops townhouses and condominiums. It has two reportable segments: the Real Estate Business Segment and the Rental and Service Business Segment. Geographically, the business activities of the group are seen in Thailand and the USA, of which the Thailand region accounts for the majority of revenue.
75GF Score

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

$0.20
Price
$0.24
GF Value