MK Restaurant Group PCL (BKK:M-R) Cyclically Adjusted PB Ratio: 1.56 (As of Aug. 29, 2026) — 37% Below Median

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BKK:M-R MK Restaurant Group PCL BKK:M-R
94 GF Score
Price ฿21.22
GF Value ฿26.83
! 4 Warning Signs
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What is MK Restaurant Group PCL Cyclically Adjusted PB Ratio?

MK Restaurant Group PCL BKK:M-R -0.88% 94 Cyclically Adjusted PB Ratio is 1.56 as of Aug. 29, 2026, which is 37% below its 10-year median of 2.47. GuruFocus rates BKK:M-R with a GF Score™ of 94/100 and a GF Value™ of ฿26.83. The stock has 4 warning signs investors should review. Among 248 Restaurants companies, MK Restaurant Group PCL ranks better than 57.66% on this metric.

As of today (2026-08-29), MK Restaurant Group PCL's current share price is ฿21.21691. MK Restaurant Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿13.56. MK Restaurant Group PCL's Cyclically Adjusted PB Ratio for today is 1.56.

The historical rank and industry rank for MK Restaurant Group PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:M-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 2.47   Max: 4.66
Current: 1.35

During the past years, MK Restaurant Group PCL's highest Cyclically Adjusted PB Ratio was 4.66. The lowest was 0.92. And the median was 2.47.

BKK:M-R's Cyclically Adjusted PB Ratio is ranked better than
57.66% of 248 companies
in the Restaurants industry
Industry Median: 1.765 vs BKK:M-R: 1.35

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.

MK Restaurant Group PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿14.214. 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 ฿13.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MK Restaurant Group PCL  (BKK:M-R) 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.


MK Restaurant Group PCL Cyclically Adjusted PB Ratio Related Terms


MK Restaurant Group PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MK Restaurant Group 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.

MK Restaurant Group PCL Cyclically Adjusted PB Ratio Chart

MK Restaurant Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 4.24 2.70 1.64 1.16

MK Restaurant Group 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 0.94 2.15 1.16 1.20 1.37

BKK:M-R vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, MK Restaurant Group 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.


MK Restaurant Group PCL Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MK Restaurant Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:M-R
94GF Score
MK Restaurant Group PCL BKK:M-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MK Restaurant Group 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.

MK Restaurant Group PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.21691/13.56
=1.56

* 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.

MK Restaurant Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, MK Restaurant Group 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)
=14.214/333.9520*333.9520
=14.214

Current CPI (Jun. 2026) = 333.9520.

MK Restaurant Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.087 241.428 19.486
201612 14.622 241.432 20.225
201703 15.244 243.801 20.881
201706 14.901 244.955 20.315
201709 14.512 246.819 19.635
201712 15.017 246.524 20.343
201803 7.851 249.554 10.506
201806 15.218 251.989 20.168
201809 14.749 252.439 19.511
201812 7.697 251.233 10.231
201903 16.164 254.202 21.235
201906 7.806 256.143 10.177
201909 14.907 256.759 19.389
201912 15.536 256.974 20.190
202003 7.953 258.115 10.290
202006 14.333 257.797 18.567
202009 7.169 260.280 9.198
202012 7.342 260.474 9.413
202103 7.391 264.877 9.318
202106 7.087 271.696 8.711
202109 13.895 274.310 16.916
202112 14.328 278.802 17.162
202203 14.621 287.504 16.983
202206 14.299 296.311 16.115
202209 14.249 296.808 16.032
202212 14.598 296.797 16.425
202303 14.950 301.836 16.541
202306 14.537 305.109 15.911
202309 14.359 307.789 15.580
202312 15.033 306.746 16.366
202403 15.410 312.332 16.477
202406 14.803 314.175 15.735
202409 14.553 315.301 15.414
202412 14.861 315.605 15.725
202503 15.120 319.799 15.789
202506 14.425 322.561 14.934
202509 14.175 324.800 14.574
202512 14.289 324.054 14.725
202603 14.470 330.213 14.634
202606 14.214 333.952 14.214

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 1.56 mean?
MK Restaurant Group PCL (BKK:M-R) has a Cyclically Adjusted PB Ratio of 1.56 as of Aug. 29, 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 MK Restaurant Group PCL and its competitors. This is 37% below median its historical median of 2.47. Over the past decade, MK Restaurant Group PCL's Cyclically Adjusted PB Ratio has ranged from 0.92 to 4.66. According to the industry distribution chart, MK Restaurant Group PCL ranks #105 out of 248 companies in the Restaurants industry, placing it in the top 42.3%.
Is MK Restaurant Group PCL's Cyclically Adjusted PB Ratio too high?
MK Restaurant Group PCL's current Cyclically Adjusted PB Ratio of 1.56 is 37% below median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 4.66. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.77. MK Restaurant Group PCL's value of 1.56 is 11.6% below this industry median. Based on the distribution chart, MK Restaurant Group PCL ranks #105 out of 248 companies in the Restaurants industry, which is above the industry midpoint. Overall, MK Restaurant Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does MK Restaurant Group PCL's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, MK Restaurant Group PCL ranks #105 out of 248 companies for Cyclically Adjusted PB Ratio. This puts MK Restaurant Group PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.77. MK Restaurant Group PCL's value of 1.56 is 11.6% below this benchmark. Historically, MK Restaurant Group PCL's own Cyclically Adjusted PB Ratio has ranged from 0.92 to 4.66 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 1.77, MK Restaurant Group PCL has consistently been below 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.77, based on 248 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. MK Restaurant Group PCL's current Cyclically Adjusted PB Ratio of 1.56 is 11.6% below 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 MK Restaurant Group PCL and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MK Restaurant Group PCL's current Cyclically Adjusted PB Ratio is 1.56, which is 37% below median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MK Restaurant Group PCL stock overvalued right now?
MK Restaurant Group PCL (BKK:M-R) has a current Cyclically Adjusted PB Ratio of 1.56. The stock's GF Value™ is ฿26.83, compared to a current price of ฿21.22 — trading 20.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.56, which is 37% below median its 10-year median of 2.47 and 11.6% below the Restaurants industry median of 1.77. MK Restaurant Group PCL's overall GF Score™ is 94/100 with 4 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 MK Restaurant Group PCL (BKK:M-R), the current Cyclically Adjusted PB Ratio is 1.56 as of Aug. 29, 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 MK Restaurant Group PCL (BKK:M-R) Overvalued in 2026?

Based on GuruFocus' analysis, MK Restaurant Group PCL stock appears to be undervalued. The current stock price of ฿21.22 is trading 20.9% below its estimated GF Value™ of ฿26.83.

Key valuation signals for BKK:M-R:

  • Cyclically Adjusted PB Ratio: 1.56 (37% below median its 10-year median of 2.47)
  • GF Value™: ฿26.83 vs. price of ฿21.22 (20.9% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 11.6% below the Restaurants median (#105 of 248)

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


MK Restaurant Group PCL Business Description

Other Exchanges M:Thailand
Address 1200 Debaratna Road, Bangnatai, Bangna, Bangkok, THA, 10260
MK Restaurant Group PCL operates in Suki, Thai, and Japanese restaurants in Thailand under brand names including MK, Siam, Yayoi, Miyazaki, and Hakata. The company also has a franchise agreement with Plenus-MK Limited for that company to operate franchised Sukiyaki restaurants in Japan. The Group is engaged in two business segments which are restaurant business and other businesses that support restaurant business including training service provider and manufacture and distribution of foods. It generates the majority of its revenue comes from Thailand.
94GF Score

Get the complete analysis for BKK:M-R

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

฿21.22
Price
฿26.83
GF Value