Megachem (Thailand) PCL (BKK:MGT) Cyclically Adjusted Book per Share: ฿1.41 (As of Mar. 2026)

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BKK:MGT Megachem (Thailand) PCL BKK:MGT
89 GF Score
Price ฿1.88
GF Value ฿2.40
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Megachem (Thailand) PCL Cyclically Adjusted Book per Share?

Megachem (Thailand) PCL BKK:MGT 89 Cyclically Adjusted Book per Share is ฿1.41 as of Mar. 2026. GuruFocus rates BKK:MGT with a GF Score™ of 89/100 and a GF Value™ of ฿2.40 (Modestly Undervalued). The stock has 6 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.

Megachem (Thailand) PCL's adjusted book value per share for the three months ended in Mar. 2026 was ฿1.817. 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 ฿1.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Megachem (Thailand) PCL's average Cyclically Adjusted Book Growth Rate was 8.50% 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.

As of today (2026-07-15), Megachem (Thailand) PCL's current stock price is ฿1.88. Megachem (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿1.41. Megachem (Thailand) PCL's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Megachem (Thailand) PCL was 1.90. The lowest was 1.10. And the median was 1.33.


Megachem (Thailand) PCL  (BKK:MGT) 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.

Megachem (Thailand) PCL's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.88/1.41
=1.33

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Megachem (Thailand) PCL was 1.90. The lowest was 1.10. And the median was 1.33.


Be Aware

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


Megachem (Thailand) PCL Cyclically Adjusted Book per Share Related Terms


Megachem (Thailand) PCL Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Megachem (Thailand) 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.

Megachem (Thailand) PCL Cyclically Adjusted Book per Share Chart

Megachem (Thailand) 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 0.00 0.00 0.00 1.28 1.36

Megachem (Thailand) 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 1.30 1.32 1.34 1.36 1.41

BKK:MGT vs LIN, SHW, ECL: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Megachem (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.


Megachem (Thailand) PCL Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Megachem (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:MGT
89GF Score
Megachem (Thailand) PCL BKK:MGT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megachem (Thailand) 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, Megachem (Thailand) 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)
=1.817/330.2130*330.2130
=1.817

Current CPI (Mar. 2026) = 330.2130.

Megachem (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.414 241.018 0.567
201609 0.387 241.428 0.529
201612 0.407 241.432 0.557
201703 0.897 243.801 1.215
201706 0.892 244.955 1.202
201709 0.922 246.819 1.234
201712 0.928 246.524 1.243
201803 0.961 249.554 1.272
201806 0.922 251.989 1.208
201809 0.916 252.439 1.198
201812 0.940 251.233 1.236
201903 0.988 254.202 1.283
201906 0.963 256.143 1.241
201909 1.007 256.759 1.295
201912 1.008 256.974 1.295
202003 1.071 258.115 1.370
202006 1.127 257.797 1.444
202009 1.146 260.280 1.454
202012 1.189 260.474 1.507
202103 1.262 264.877 1.573
202106 1.255 271.696 1.525
202109 1.291 274.310 1.554
202112 1.352 278.802 1.601
202203 1.422 287.504 1.633
202206 1.365 296.311 1.521
202209 1.384 296.808 1.540
202212 1.407 296.797 1.565
202303 1.463 301.836 1.601
202306 1.436 305.109 1.554
202309 1.450 307.789 1.556
202312 1.507 306.746 1.622
202403 1.564 312.332 1.654
202406 1.565 314.175 1.645
202409 1.575 315.301 1.649
202412 1.634 315.605 1.710
202503 1.658 319.799 1.712
202506 1.644 322.561 1.683
202509 1.671 324.800 1.699
202512 1.737 324.054 1.770
202603 1.817 330.213 1.817

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 ฿1.41 mean?
Megachem (Thailand) PCL (BKK:MGT) has a Cyclically Adjusted Book per Share of ฿1.41 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 Megachem (Thailand) PCL and its competitors.
Is Megachem (Thailand) PCL's Cyclically Adjusted Book per Share too high?
Megachem (Thailand) PCL's current Cyclically Adjusted Book per Share is ฿1.41. Overall, Megachem (Thailand) PCL has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Megachem (Thailand) PCL's Cyclically Adjusted Book per Share compare to LIN and SHW?
Megachem (Thailand) PCL's Cyclically Adjusted Book per Share of ฿1.41 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 Megachem (Thailand) PCL and its competitors. Megachem (Thailand) PCL's current Cyclically Adjusted Book per Share is ฿1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megachem (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Megachem (Thailand) PCL (BKK:MGT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.40, compared to a current price of ฿1.88 — trading 21.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is ฿1.41. Megachem (Thailand) PCL's overall GF Score™ is 89/100 with 6 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 Megachem (Thailand) PCL (BKK:MGT), the current Cyclically Adjusted Book per Share is ฿1.41 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 Megachem (Thailand) PCL (BKK:MGT) Overvalued in 2026?

Based on GuruFocus' analysis, Megachem (Thailand) PCL stock appears to be undervalued. The current stock price of ฿1.88 is trading 21.7% below its estimated GF Value™ of ฿2.40. GuruFocus considers Megachem (Thailand) PCL to be Modestly Undervalued.

Key valuation signals for BKK:MGT:

  • Cyclically Adjusted Book per Share: ฿1.41
  • GF Value™: ฿2.40 vs. price of ฿1.88 (21.7% below fair value)
  • GF Score™: 89/100 with 6 warning signs

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


Megachem (Thailand) PCL Business Description

Address 25 Soi Chalongkrung 31, Ladkrabang Industrial Estate Soi G1/9, Lamplathew, Ladkrabang, Bangkok, THA, 10520
Megachem (Thailand) PCL is a company principally engaged in the distribution and solution provider of specialty chemicals for diversified industries. It distributes specialty chemicals used as an additive to the main ingredient to create a chemical reaction for products in various industries. The Group has one reportable segment, which is the distribution of chemical products, and its operations are carried on only in Thailand. The company distributes products such as Adhesives, cleaning, Construction, Cosmetics, Lubricants, and paints.
89GF Score

Get the complete analysis for BKK:MGT

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

฿1.88
Price
฿2.40
GF Value