MCOT PCL (BKK:MCOT) Cyclically Adjusted Book per Share: ฿10.01 (As of Mar. 2026)


BKK:MCOT MCOT PCL BKK:MCOT
44 GF Score
Price ฿6.15
GF Value ฿2.94
Valuation Significantly Overvalued
! 3 Warning Signs
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What is MCOT PCL Cyclically Adjusted Book per Share?

MCOT PCL BKK:MCOT 44 Cyclically Adjusted Book per Share is ฿10.01 as of Mar. 2026. GuruFocus rates BKK:MCOT with a GF Score™ of 44/100 and a GF Value™ of ฿2.94 (Significantly Overvalued). The stock has 3 warning signs investors should review.

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.

MCOT PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿9.723. 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 ฿10.01 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MCOT PCL's average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.40% 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 MCOT PCL was 0.30% per year. The lowest was -3.90% per year. And the median was -1.50% per year.

As of today (2026-07-12), MCOT PCL's current stock price is ฿6.15. MCOT PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿10.01. MCOT PCL's Cyclically Adjusted PB Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MCOT PCL was 1.02. The lowest was 0.26. And the median was 0.51.


MCOT PCL  (BKK:MCOT) 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.

MCOT PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.15/10.01
=0.61

* 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 MCOT PCL was 1.02. The lowest was 0.26. And the median was 0.51.


Be Aware

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


MCOT PCL Cyclically Adjusted Book per Share Related Terms


MCOT PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for MCOT PCL'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.

MCOT PCL Cyclically Adjusted Book per Share Chart

MCOT PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.24 10.43 10.26 10.14 9.94

MCOT 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 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 10.16 10.13 10.08 9.94 10.01

BKK:MCOT vs NXST: Cyclically Adjusted Book per Share Comparison

For the Broadcasting subindustry, MCOT 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.


MCOT PCL Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


BKK:MCOT
44GF Score
MCOT PCL BKK:MCOT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCOT PCL 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, MCOT 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)
=9.723/330.2130*330.2130
=9.723

Current CPI (Mar. 2026) = 330.2130.

MCOT PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.327 241.018 14.149
201609 9.960 241.428 13.623
201612 9.565 241.432 13.082
201703 9.353 243.801 12.668
201706 9.113 244.955 12.285
201709 8.996 246.819 12.036
201712 5.866 246.524 7.857
201803 5.687 249.554 7.525
201806 5.399 251.989 7.075
201809 5.304 252.439 6.938
201812 9.823 251.233 12.911
201903 5.371 254.202 6.977
201906 5.789 256.143 7.463
201909 5.491 256.759 7.062
201912 11.449 256.974 14.712
202003 3.367 258.115 4.307
202006 3.104 257.797 3.976
202009 2.950 260.280 3.743
202012 9.639 260.474 12.220
202103 7.031 264.877 8.765
202106 7.095 271.696 8.623
202109 7.126 274.310 8.578
202112 9.879 278.802 11.701
202203 9.816 287.504 11.274
202206 9.800 296.311 10.921
202209 9.777 296.808 10.877
202212 9.896 296.797 11.010
202303 9.810 301.836 10.732
202306 9.722 305.109 10.522
202309 9.664 307.789 10.368
202312 10.751 306.746 11.573
202403 10.636 312.332 11.245
202406 10.539 314.175 11.077
202409 10.456 315.301 10.951
202412 10.291 315.605 10.767
202503 10.169 319.799 10.500
202506 10.077 322.561 10.316
202509 10.035 324.800 10.202
202512 9.815 324.054 10.002
202603 9.723 330.213 9.723

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

What does a Cyclically Adjusted Book per Share of ฿10.01 mean?
MCOT PCL (BKK:MCOT) has a Cyclically Adjusted Book per Share of ฿10.01 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on MCOT PCL and its competitors.
Is MCOT PCL's Cyclically Adjusted Book per Share too high?
MCOT PCL's current Cyclically Adjusted Book per Share is ฿10.01. Overall, MCOT PCL has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MCOT PCL's Cyclically Adjusted Book per Share compare to NXST?
MCOT PCL's Cyclically Adjusted Book per Share of ฿10.01 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on MCOT PCL and its competitors. MCOT PCL's current Cyclically Adjusted Book per Share is ฿10.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCOT PCL stock overvalued right now?
Based on GuruFocus' analysis, MCOT PCL (BKK:MCOT) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿2.94, compared to a current price of ฿6.15 — trading 109.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is ฿10.01. MCOT PCL's overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For MCOT PCL (BKK:MCOT), the current Cyclically Adjusted Book per Share is ฿10.01 as of Mar. 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 MCOT PCL (BKK:MCOT) Overvalued in 2026?

Based on GuruFocus' analysis, MCOT PCL stock appears to be overvalued. The current stock price of ฿6.15 is trading 109.2% above its estimated GF Value™ of ฿2.94. GuruFocus considers MCOT PCL to be Significantly Overvalued.

Key valuation signals for BKK:MCOT:

  • Cyclically Adjusted Book per Share: ฿10.01
  • GF Value™: ฿2.94 vs. price of ฿6.15 (109.2% above fair value)
  • GF Score™: 44/100 with 3 warning signs

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


MCOT PCL Business Description

Address 63/1 Rama 9 Road, Huay Kwang, Bangkok, THA, 10320
MCOT PCL is engaged in the production of television and radio programming, digital terrestrial TV broadcast network, and facility services, and provides advertisements through TV, radio, and digital media. The company has four business segments: Television & news services, Radio services, Engineering services, and New business services. The majority of its revenue is generated by Engineering services.
44GF Score

Get the complete analysis for BKK:MCOT

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

฿6.15
Price
฿2.94
GF Value