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Major Cineplex Group (BKK:MAJOR) Cyclically Adjusted Book per Share : ฿8.95 (As of Mar. 2025)


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What is Major Cineplex Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Major Cineplex Group's adjusted book value per share for the three months ended in Mar. 2025 was ฿6.759. 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 ฿8.95 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Major Cineplex Group's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Major Cineplex Group was 4.70% per year. The lowest was 2.30% per year. And the median was 3.50% per year.

As of today (2025-05-15), Major Cineplex Group's current stock price is ฿9.70. Major Cineplex Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿8.95. Major Cineplex Group's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Major Cineplex Group was 4.79. The lowest was 1.02. And the median was 2.38.


Major Cineplex Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Major Cineplex Group's Cyclically Adjusted Book per Share 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.

* Premium members only.

Major Cineplex Group Cyclically Adjusted Book per Share Chart

Major Cineplex Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.73 8.26 8.69 8.86 8.91

Major Cineplex Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 8.98 8.98 8.97 8.91 8.95

Competitive Comparison of Major Cineplex Group's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Major Cineplex Group'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.


Major Cineplex Group's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Major Cineplex Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Major Cineplex Group's Cyclically Adjusted PB Ratio falls into.


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Major Cineplex Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Major Cineplex Group's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.759/134.9266*134.9266
=6.759

Current CPI (Mar. 2025) = 134.9266.

Major Cineplex Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.305 100.684 9.789
201509 7.246 100.392 9.739
201512 7.373 99.792 9.969
201603 7.527 100.470 10.108
201606 7.656 101.688 10.158
201609 7.401 101.861 9.803
201612 7.419 101.863 9.827
201703 7.709 102.862 10.112
201706 7.612 103.349 9.938
201709 7.156 104.136 9.272
201712 7.169 104.011 9.300
201803 7.438 105.290 9.532
201806 7.417 106.317 9.413
201809 6.991 106.507 8.856
201812 7.999 105.998 10.182
201903 7.500 107.251 9.435
201906 7.362 108.070 9.192
201909 6.928 108.329 8.629
201912 8.197 108.420 10.201
202003 7.932 108.902 9.828
202006 7.036 108.767 8.728
202009 6.903 109.815 8.482
202012 7.246 109.897 8.896
202103 7.121 111.754 8.598
202106 6.883 114.631 8.102
202109 8.928 115.734 10.409
202112 8.014 117.630 9.192
202203 8.163 121.301 9.080
202206 7.467 125.017 8.059
202209 7.292 125.227 7.857
202212 7.927 125.222 8.541
202303 7.719 127.348 8.178
202306 8.083 128.729 8.472
202309 8.007 129.860 8.319
202312 7.199 129.419 7.505
202403 7.347 131.776 7.523
202406 7.485 132.554 7.619
202409 7.242 133.029 7.345
202412 6.843 133.157 6.934
202503 6.759 134.927 6.759

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Major Cineplex Group  (BKK:MAJOR) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Major Cineplex Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.70/8.95
=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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Major Cineplex Group was 4.79. The lowest was 1.02. And the median was 2.38.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Major Cineplex Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Major Cineplex Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Major Cineplex Group Business Description

Traded in Other Exchanges
Address
1839, 1839/1-6 Phaholyothin Road, Ladyao, Jatujak, Bangkok, THA, 10900
Major Cineplex Group PLC is a diversified media company predominantly engaged in the operation of cinemas. The company's reportable segments include the cinema business, advertising business, bowling and karaoke business, rental and services business, and movie content business. The cinema business segment, which generates maximum revenue, owns and manages several chains of movie theaters and brands. The advertising and media business offers on-screen advertising and media solutions. The bowling and karaoke services offer its namesake services in branded outlets. The rental and services business leases real estate space, and the movie content segment funds, produces, and distributes feature film content, as well as content on the home video market.

Major Cineplex Group Headlines

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