Frasers Property (Thailand) PCL (STU:6TI) Cyclically Adjusted PB Ratio: 2.00 (As of Aug. 21, 2026) — 90% Above Median

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STU:6TI Frasers Property (Thailand) PCL STU:6TI
68 GF Score
Price €0.18
GF Value €0.17
! 8 Warning Signs
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What is Frasers Property (Thailand) PCL Cyclically Adjusted PB Ratio?

Frasers Property (Thailand) PCL STU:6TI 68 Cyclically Adjusted PB Ratio is 2.00 as of Aug. 21, 2026, which is 90% above its 10-year median of 1.05. GuruFocus rates STU:6TI with a GF Score™ of 68/100 and a GF Value™ of €0.17. The stock has 8 warning signs investors should review. Among 1,371 Real Estate companies, Frasers Property (Thailand) PCL ranks better than 66.81% on this metric.

As of today (2026-08-21), Frasers Property (Thailand) PCL's current share price is €0.18. Frasers Property (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.09. Frasers Property (Thailand) PCL's Cyclically Adjusted PB Ratio for today is 2.00.

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

STU:6TI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.05   Max: 1.84
Current: 0.41

During the past years, Frasers Property (Thailand) PCL's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 0.36. And the median was 1.05.

STU:6TI's Cyclically Adjusted PB Ratio is ranked better than
66.81% of 1371 companies
in the Real Estate industry
Industry Median: 0.68 vs STU:6TI: 0.41

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.

Frasers Property (Thailand) PCL's adjusted book value per share data for the three months ended in Jun. 2026 was €0.434. 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 €0.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frasers Property (Thailand) PCL  (STU:6TI) 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.


Frasers Property (Thailand) PCL Cyclically Adjusted PB Ratio Related Terms


Frasers Property (Thailand) PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Frasers Property (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.

Frasers Property (Thailand) PCL Cyclically Adjusted PB Ratio Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.07 1.01 0.82 0.41

Frasers Property (Thailand) PCL 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 0.38 0.41 0.36 0.35 0.38

Frasers Property (Thailand) PCL Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Frasers Property (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.


Frasers Property (Thailand) PCL Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Frasers Property (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:6TI
68GF Score
Frasers Property (Thailand) PCL STU:6TI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Frasers Property (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.

Frasers Property (Thailand) PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.18/0.09
=2.00

* 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.

Frasers Property (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Frasers Property (Thailand) PCL'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)
=0.434/333.9520*333.9520
=0.434

Current CPI (Jun. 2026) = 333.9520.

Frasers Property (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.260 241.428 0.360
201612 0.269 241.432 0.372
201703 0.353 243.801 0.484
201706 0.343 244.955 0.468
201709 0.333 246.819 0.451
201712 0.344 246.524 0.466
201803 0.345 249.554 0.462
201806 0.352 251.989 0.466
201809 0.355 252.439 0.470
201812 0.366 251.233 0.487
201903 0.381 254.202 0.501
201906 0.392 256.143 0.511
201909 0.391 256.759 0.509
201912 0.396 256.974 0.515
202003 0.374 258.115 0.484
202006 0.393 257.797 0.509
202009 0.376 260.280 0.482
202012 0.406 260.474 0.521
202103 0.397 264.877 0.501
202106 0.390 271.696 0.479
202109 0.381 274.310 0.464
202112 0.400 278.802 0.479
202203 0.409 287.504 0.475
202206 0.415 296.311 0.468
202209 0.424 296.808 0.477
202212 0.422 296.797 0.475
202303 0.413 301.836 0.457
202306 0.409 305.109 0.448
202309 0.414 307.789 0.449
202312 0.416 306.746 0.453
202403 0.399 312.332 0.427
202406 0.397 314.175 0.422
202409 0.429 315.301 0.454
202412 0.446 315.605 0.472
202503 0.429 319.799 0.448
202506 0.422 322.561 0.437
202509 0.419 324.800 0.431
202512 0.428 324.054 0.441
202603 0.433 330.213 0.438
202606 0.434 333.952 0.434

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 2.00 mean?
Frasers Property (Thailand) PCL (STU:6TI) has a Cyclically Adjusted PB Ratio of 2.00 as of Aug. 21, 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 Frasers Property (Thailand) PCL and its competitors. This is 90% above median its historical median of 1.05. Over the past decade, Frasers Property (Thailand) PCL's Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.84. According to the industry distribution chart, Frasers Property (Thailand) PCL ranks #455 out of 1371 companies in the Real Estate industry, placing it in the top 33.2%.
Is Frasers Property (Thailand) PCL's Cyclically Adjusted PB Ratio too high?
Frasers Property (Thailand) PCL's current Cyclically Adjusted PB Ratio of 2.00 is 90% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.84. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Frasers Property (Thailand) PCL's value of 2.00 is 194.1% above this industry median. Based on the distribution chart, Frasers Property (Thailand) PCL ranks #455 out of 1371 companies in the Real Estate industry, which is above the industry midpoint. Overall, Frasers Property (Thailand) PCL has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Frasers Property (Thailand) PCL's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Frasers Property (Thailand) PCL ranks #455 out of 1371 companies for Cyclically Adjusted PB Ratio. This puts Frasers Property (Thailand) PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Frasers Property (Thailand) PCL's value of 2.00 is 194.1% above this benchmark. Historically, Frasers Property (Thailand) PCL's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.84 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.68, Frasers Property (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 a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.68, based on 1,371 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. Frasers Property (Thailand) PCL's current Cyclically Adjusted PB Ratio of 2.00 is 194.1% 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 Frasers Property (Thailand) PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasers Property (Thailand) PCL's current Cyclically Adjusted PB Ratio is 2.00, which is 90% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Property (Thailand) PCL stock overvalued right now?
Frasers Property (Thailand) PCL (STU:6TI) has a current Cyclically Adjusted PB Ratio of 2.00. The stock's GF Value™ is €0.17, compared to a current price of €0.18 — trading 5.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.00, which is 90% above median its 10-year median of 1.05 and 194.1% above the Real Estate industry median of 0.68. Frasers Property (Thailand) PCL's overall GF Score™ is 68/100 with 8 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 Frasers Property (Thailand) PCL (STU:6TI), the current Cyclically Adjusted PB Ratio is 2.00 as of Aug. 21, 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 Frasers Property (Thailand) PCL (STU:6TI) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Property (Thailand) PCL stock appears to be overvalued. The current stock price of €0.18 is trading 5.9% above its estimated GF Value™ of €0.17.

Key valuation signals for STU:6TI:

  • Cyclically Adjusted PB Ratio: 2.00 (90% above median its 10-year median of 1.05)
  • GF Value™: €0.17 vs. price of €0.18 (5.9% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 194.1% above the Real Estate median (#455 of 1371)

No single metric tells the full story. See the STU:6TI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frasers Property (Thailand) PCL Business Description

Other Exchanges FPT:Thailand
Address Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, residential real-estate development, including rental and related service of commercial buildings and hotel business. Its segments include Real estate business, Investment properties for industrial business, Rental and commercial building business and Hotel business, where majority revenue is derived from Real estate business segment.
68GF Score

Get the complete analysis for STU:6TI

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

€0.18
Price
€0.17
GF Value