NOKPF (Nok Airlines PCL) Cyclically Adjusted PB Ratio: 0.90 (As of Aug. 03, 2026)

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NOKPF Nok Airlines PCL NOKPF
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What is Nok Airlines PCL Cyclically Adjusted PB Ratio?

Nok Airlines PCL NOKPF -10.00% 12 Cyclically Adjusted PB Ratio is 0.90 as of Aug. 03, 2026. GuruFocus rates NOKPF with a GF Score™ of 12/100.

As of today (2026-08-03), Nok Airlines PCL's current share price is $0.009. Nok Airlines PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $0.01. Nok Airlines PCL's Cyclically Adjusted PB Ratio for today is 0.90.

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

NOKPF's Cyclically Adjusted PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.27
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Nok Airlines PCL's adjusted book value per share data for the three months ended in Sep. 2024 was $-0.077. 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 $0.01 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nok Airlines PCL  (OTCPK:NOKPF) 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.


Nok Airlines PCL Cyclically Adjusted PB Ratio Related Terms


Nok Airlines PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nok Airlines 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.

Nok Airlines PCL Cyclically Adjusted PB Ratio Chart

Nok Airlines PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.84 0.02 0.58

Nok Airlines PCL Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
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 1.00 0.00 0.58 0.66 0.16

NOKPF vs MESA, HRBR, FLYYQ: Cyclically Adjusted PB Ratio Comparison

For the Airlines subindustry, Nok Airlines 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.


Nok Airlines PCL Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Nok Airlines PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Nok Airlines PCL NOKPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nok Airlines 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.

Nok Airlines PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.009/0.01
=0.90

* 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.

Nok Airlines PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Nok Airlines PCL's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.077/315.3010*315.3010
=-0.077

Current CPI (Sep. 2024) = 315.3010.

Nok Airlines PCL Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.097 233.504 0.131
201309 0.093 234.149 0.125
201312 0.093 233.049 0.126
201403 0.094 236.293 0.125
201406 0.084 238.343 0.111
201409 0.077 238.031 0.102
201412 0.076 234.812 0.102
201503 0.077 236.119 0.103
201506 0.071 238.638 0.094
201509 0.059 237.945 0.078
201512 0.056 236.525 0.075
201603 0.050 238.132 0.066
201606 0.036 241.018 0.047
201609 0.018 241.428 0.024
201612 0.004 241.432 0.005
201703 -0.001 243.801 -0.001
201706 0.009 244.955 0.012
201709 -0.002 246.819 -0.003
201712 0.018 246.524 0.023
201803 0.018 249.554 0.023
201806 0.006 251.989 0.008
201809 -0.009 252.439 -0.011
201812 -0.020 251.233 -0.025
201903 0.005 254.202 0.006
201906 0.000 256.143 0.000
201909 -0.007 256.759 -0.009
201912 -0.012 256.974 -0.015
202003 -0.018 258.115 -0.022
202006 -0.020 257.797 -0.024
202009 -0.039 260.280 -0.047
202012 -0.062 260.474 -0.075
202106 -0.083 271.696 -0.096
202112 -0.067 278.802 -0.076
202206 -0.089 296.311 -0.095
202212 -0.085 296.797 -0.090
202306 -0.088 305.109 -0.091
202309 0.000 307.789 0.000
202312 -0.084 306.746 -0.086
202406 -0.075 314.175 -0.075
202409 -0.077 315.301 -0.077

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 0.90 mean?
Nok Airlines PCL (NOKPF) has a Cyclically Adjusted PB Ratio of 0.90 as of Aug. 03, 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 Nok Airlines PCL and its competitors.
Is Nok Airlines PCL's Cyclically Adjusted PB Ratio too high?
Nok Airlines PCL's current Cyclically Adjusted PB Ratio is 0.90. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Nok Airlines PCL's value of 0.90 is 29.1% below this industry median. Overall, Nok Airlines PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nok Airlines PCL's Cyclically Adjusted PB Ratio compare to MESA and HRBR?
Nok Airlines PCL's Cyclically Adjusted PB Ratio of 0.90 can be compared against companies in the Transportation industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Nok Airlines PCL's value of 0.90 is 29.1% below this benchmark. 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 737 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. Nok Airlines PCL's current Cyclically Adjusted PB Ratio of 0.90 is 29.1% 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 Nok Airlines PCL and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nok Airlines PCL's current Cyclically Adjusted PB Ratio is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nok Airlines PCL stock overvalued right now?
Nok Airlines PCL (NOKPF) has a current Cyclically Adjusted PB Ratio of 0.90. The current Cyclically Adjusted PB Ratio is 0.90 and 29.1% below the Transportation industry median of 1.27. Nok Airlines PCL's overall GF Score™ is 12/100. 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 Nok Airlines PCL (NOKPF), the current Cyclically Adjusted PB Ratio is 0.90 as of Aug. 03, 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.

Nok Airlines PCL Business Description

Address Vibhavadi Rangsit Road, Central Building, Room No. 4235, 4th Floor, 222 Don Mueang International Airport, Sanambin Sub-district, Don Mueang District, Bangkok, THA, 10210
Nok Airlines PCL is a Thailand-based company. It is engaged in providing air transport services for passengers and has operating hubs in Thailand.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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