Mfc Asset Management PCL (BKK:MFC-F) Cyclically Adjusted Book per Share: ฿11.11 (As of Jun. 2026)

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BKK:MFC-F Mfc Asset Management PCL BKK:MFC-F
77 GF Score
Price ฿18.80
GF Value ฿29.00
! 1 Warning Sign
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What is Mfc Asset Management PCL Cyclically Adjusted Book per Share?

Mfc Asset Management PCL BKK:MFC-F 77 Cyclically Adjusted Book per Share is ฿11.11 as of Jun. 2026. GuruFocus rates BKK:MFC-F with a GF Score™ of 77/100 and a GF Value™ of ฿29.00. The stock has 1 warning sign 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.

Mfc Asset Management PCL's adjusted book value per share for the three months ended in Jun. 2026 was ฿12.386. 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 ฿11.11 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Mfc Asset Management PCL's average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.70% 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 Mfc Asset Management PCL was 2.20% per year. The lowest was -20.60% per year. And the median was -0.10% per year.

As of today (2026-08-22), Mfc Asset Management PCL's current stock price is ฿18.80. Mfc Asset Management PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿11.11. Mfc Asset Management PCL's Cyclically Adjusted PB Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mfc Asset Management PCL was 2.56. The lowest was 0.79. And the median was 1.66.


Mfc Asset Management PCL  (BKK:MFC-F) 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.

Mfc Asset Management PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.80/11.11
=1.69

* 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 Mfc Asset Management PCL was 2.56. The lowest was 0.79. And the median was 1.66.


Be Aware

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


Mfc Asset Management PCL Cyclically Adjusted Book per Share Related Terms


Mfc Asset Management PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mfc Asset Management 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.

Mfc Asset Management PCL Cyclically Adjusted Book per Share Chart

Mfc Asset Management 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 8.19 9.76 11.05 7.73 8.01

Mfc Asset Management 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 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 8.41 8.85 8.01 9.79 11.11

BKK:MFC-F vs BLK, BX, KKR: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, Mfc Asset Management 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.


Mfc Asset Management PCL Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfc Asset Management PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:MFC-F
77GF Score
Mfc Asset Management PCL BKK:MFC-F
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mfc Asset Management 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, Mfc Asset Management 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)
=12.386/333.9520*333.9520
=12.386

Current CPI (Jun. 2026) = 333.9520.

Mfc Asset Management PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.556 241.428 14.601
201612 11.066 241.432 15.307
201703 11.069 243.801 15.162
201706 9.679 244.955 13.196
201709 10.037 246.819 13.580
201712 10.058 246.524 13.625
201803 10.445 249.554 13.977
201806 8.920 251.989 11.821
201809 9.302 252.439 12.306
201812 9.413 251.233 12.512
201903 9.666 254.202 12.698
201906 8.474 256.143 11.048
201909 8.646 256.759 11.245
201912 8.777 256.974 11.406
202003 8.325 258.115 10.771
202006 7.762 257.797 10.055
202009 8.091 260.280 10.381
202012 8.470 260.474 10.859
202103 9.567 264.877 12.062
202106 9.264 271.696 11.387
202109 9.746 274.310 11.865
202112 10.510 278.802 12.589
202203 11.194 287.504 13.002
202206 9.292 296.311 10.472
202209 9.463 296.808 10.647
202212 9.760 296.797 10.982
202303 10.258 301.836 11.349
202306 9.021 305.109 9.874
202309 9.322 307.789 10.114
202312 9.466 306.746 10.306
202403 9.782 312.332 10.459
202406 8.967 314.175 9.531
202409 9.738 315.301 10.314
202412 10.017 315.605 10.599
202503 10.380 319.799 10.839
202506 9.817 322.561 10.164
202509 10.949 324.800 11.258
202512 11.053 324.054 11.391
202603 11.754 330.213 11.887
202606 12.386 333.952 12.386

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 ฿11.11 mean?
Mfc Asset Management PCL (BKK:MFC-F) has a Cyclically Adjusted Book per Share of ฿11.11 as of Jun. 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 Mfc Asset Management PCL and its competitors.
Is Mfc Asset Management PCL's Cyclically Adjusted Book per Share too high?
Mfc Asset Management PCL's current Cyclically Adjusted Book per Share is ฿11.11. Overall, Mfc Asset Management PCL has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Mfc Asset Management PCL's Cyclically Adjusted Book per Share compare to BLK and BX?
Mfc Asset Management PCL's Cyclically Adjusted Book per Share of ฿11.11 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management 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 Mfc Asset Management PCL and its competitors. Mfc Asset Management PCL's current Cyclically Adjusted Book per Share is ฿11.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mfc Asset Management PCL stock overvalued right now?
Mfc Asset Management PCL (BKK:MFC-F) has a current Cyclically Adjusted Book per Share of ฿11.11. The stock's GF Value™ is ฿29.00, compared to a current price of ฿18.80 — trading 35.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿11.11. Mfc Asset Management PCL's overall GF Score™ is 77/100 with 1 warning sign 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 Mfc Asset Management PCL (BKK:MFC-F), the current Cyclically Adjusted Book per Share is ฿11.11 as of Jun. 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 Mfc Asset Management PCL (BKK:MFC-F) Overvalued in 2026?

Based on GuruFocus' analysis, Mfc Asset Management PCL stock appears to be undervalued. The current stock price of ฿18.80 is trading 35.2% below its estimated GF Value™ of ฿29.00.

Key valuation signals for BKK:MFC-F:

  • Cyclically Adjusted Book per Share: ฿11.11
  • GF Value™: ฿29.00 vs. price of ฿18.80 (35.2% below fair value)
  • GF Score™: 77/100 with 1 warning sign

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


Mfc Asset Management PCL Business Description

Other Exchanges MFC:Thailand
Address Witthayu Road, 16th -17th Floor, 195 One Bangkok Tower 4, Lumphini, Pathum Wan, Bangkok, THA, 10330
Mfc Asset Management PCL is a Thailand-based company that engages in the provision of fund management services. The company is licensed to manage mutual funds, provident funds, private funds, securities registrar, and real estate investment trusts. Its only operating segment is fund management.
77GF Score

Get the complete analysis for BKK:MFC-F

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

฿18.80
Price
฿29.00
GF Value