Muramoto Electron (Thailand) PCL (BKK:METCO-R) Cyclically Adjusted PB Ratio: 0.96 (As of Aug. 26, 2026) — 41% Above Median

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BKK:METCO-R Muramoto Electron (Thailand) PCL BKK:METCO-R
71 GF Score
Price ฿299.00
GF Value ฿205.76
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Muramoto Electron (Thailand) PCL Cyclically Adjusted PB Ratio?

Muramoto Electron (Thailand) PCL BKK:METCO-R 71 Cyclically Adjusted PB Ratio is 0.96 as of Aug. 26, 2026, which is 41% above its 10-year median of 0.68. GuruFocus rates BKK:METCO-R with a GF Score™ of 71/100 and a GF Value™ of ฿205.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,939 Hardware companies, Muramoto Electron (Thailand) PCL ranks better than 75.66% on this metric.

As of today (2026-08-26), Muramoto Electron (Thailand) PCL's current share price is ฿299.00. Muramoto Electron (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿312.70. Muramoto Electron (Thailand) PCL's Cyclically Adjusted PB Ratio for today is 0.96.

The historical rank and industry rank for Muramoto Electron (Thailand) PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:METCO-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.68   Max: 1.09
Current: 0.85

During the past years, Muramoto Electron (Thailand) PCL's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.40. And the median was 0.68.

BKK:METCO-R's Cyclically Adjusted PB Ratio is ranked better than
75.66% of 1939 companies
in the Hardware industry
Industry Median: 2.04 vs BKK:METCO-R: 0.85

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.

Muramoto Electron (Thailand) PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿352.140. 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 ฿312.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Muramoto Electron (Thailand) PCL  (BKK:METCO-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.


Muramoto Electron (Thailand) PCL Cyclically Adjusted PB Ratio Related Terms


Muramoto Electron (Thailand) PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Muramoto Electron (Thailand) 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.

Muramoto Electron (Thailand) PCL Cyclically Adjusted PB Ratio Chart

Muramoto Electron (Thailand) PCL Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.72 0.69 0.57 0.64

Muramoto Electron (Thailand) 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 0.55 0.64 0.80 0.75 0.83

BKK:METCO-R vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Muramoto Electron (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.


Muramoto Electron (Thailand) PCL Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Muramoto Electron (Thailand) PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:METCO-R
71GF Score
Muramoto Electron (Thailand) PCL BKK:METCO-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Muramoto Electron (Thailand) 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.

Muramoto Electron (Thailand) PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=299.00/312.70
=0.96

* 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.

Muramoto Electron (Thailand) PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Muramoto Electron (Thailand) 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)
=352.14/333.9520*333.9520
=352.140

Current CPI (Jun. 2026) = 333.9520.

Muramoto Electron (Thailand) PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 287.993 241.428 398.362
201612 293.177 241.432 405.526
201703 281.132 243.801 385.087
201706 284.185 244.955 387.435
201709 286.193 246.819 387.226
201712 287.825 246.524 389.900
201803 279.041 249.554 373.411
201806 282.619 251.989 374.545
201809 285.789 252.439 378.071
201812 284.653 251.233 378.376
201903 268.256 254.202 352.415
201906 262.836 256.143 342.678
201909 261.323 256.759 339.888
201912 262.975 256.974 341.751
202003 259.092 258.115 335.216
202006 258.329 257.797 334.641
202009 264.709 260.280 339.635
202012 276.187 260.474 354.098
202103 273.140 264.877 344.370
202106 282.436 271.696 347.153
202109 285.787 274.310 347.924
202112 296.259 278.802 354.862
202203 288.916 287.504 335.592
202206 292.884 296.311 330.090
202209 306.857 296.808 345.259
202212 312.566 296.797 351.695
202303 293.377 301.836 324.593
202306 294.836 305.109 322.708
202309 300.255 307.789 325.778
202312 311.067 306.746 338.656
202403 302.698 312.332 323.651
202406 311.174 314.175 330.762
202409 303.145 315.301 321.077
202412 318.626 315.605 337.149
202503 320.526 319.799 334.711
202506 331.887 322.561 343.607
202509 345.974 324.800 355.723
202512 362.291 324.054 373.357
202603 343.516 330.213 347.406
202606 352.140 333.952 352.140

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 0.96 mean?
Muramoto Electron (Thailand) PCL (BKK:METCO-R) has a Cyclically Adjusted PB Ratio of 0.96 as of Aug. 26, 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 Muramoto Electron (Thailand) PCL and its competitors. This is 41% above median its historical median of 0.68. Over the past decade, Muramoto Electron (Thailand) PCL's Cyclically Adjusted PB Ratio has ranged from 0.40 to 1.09. According to the industry distribution chart, Muramoto Electron (Thailand) PCL ranks #472 out of 1939 companies in the Hardware industry, placing it in the top 24.3%.
Is Muramoto Electron (Thailand) PCL's Cyclically Adjusted PB Ratio too high?
Muramoto Electron (Thailand) PCL's current Cyclically Adjusted PB Ratio of 0.96 is 41% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.09. The Hardware industry median Cyclically Adjusted PB Ratio is 2.04. Muramoto Electron (Thailand) PCL's value of 0.96 is 52.9% below this industry median. Based on the distribution chart, Muramoto Electron (Thailand) PCL ranks #472 out of 1939 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Muramoto Electron (Thailand) PCL has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Muramoto Electron (Thailand) PCL's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Muramoto Electron (Thailand) PCL ranks #472 out of 1939 companies for Cyclically Adjusted PB Ratio. This places Muramoto Electron (Thailand) PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.04. Muramoto Electron (Thailand) PCL's value of 0.96 is 52.9% below this benchmark. Historically, Muramoto Electron (Thailand) PCL's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 1.09 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 2.04, Muramoto Electron (Thailand) 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.04, based on 1,939 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. Muramoto Electron (Thailand) PCL's current Cyclically Adjusted PB Ratio of 0.96 is 52.9% 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 Muramoto Electron (Thailand) PCL and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muramoto Electron (Thailand) PCL's current Cyclically Adjusted PB Ratio is 0.96, which is 41% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muramoto Electron (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Muramoto Electron (Thailand) PCL (BKK:METCO-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿205.76, compared to a current price of ฿299.00 — trading 45.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.96, which is 41% above median its 10-year median of 0.68 and 52.9% below the Hardware industry median of 2.04. Muramoto Electron (Thailand) PCL's overall GF Score™ is 71/100 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 Muramoto Electron (Thailand) PCL (BKK:METCO-R), the current Cyclically Adjusted PB Ratio is 0.96 as of Aug. 26, 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 Muramoto Electron (Thailand) PCL (BKK:METCO-R) Overvalued in 2026?

Based on GuruFocus' analysis, Muramoto Electron (Thailand) PCL stock appears to be overvalued. The current stock price of ฿299.00 is trading 45.3% above its estimated GF Value™ of ฿205.76. GuruFocus considers Muramoto Electron (Thailand) PCL to be Significantly Overvalued.

Key valuation signals for BKK:METCO-R:

  • Cyclically Adjusted PB Ratio: 0.96 (41% above median its 10-year median of 0.68)
  • GF Value™: ฿205.76 vs. price of ฿299.00 (45.3% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 52.9% below the Hardware median (#472 of 1939)

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


Muramoto Electron (Thailand) PCL Business Description

Other Exchanges METCO:Thailand
Address No. 886 Ramindhra Road, Khwaeng Kannayao, Khet Kannayao, Bangkok, THA, 10230
Muramoto Electron (Thailand) PCL is engaged in the manufacturing of metal and plastic parts for audio-visual equipment and electronic equipment for automobiles and office automation appliances. The company operates in various business segments that are Electric Parts for Automotive Business, Electronic Parts for Office Automation Business, and Other Business. Its geographical segments include Thailand, Japan, the United States, and Others. Substantial revenue comes from electronic parts for office automation.
71GF Score

Get the complete analysis for BKK:METCO-R

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

฿299.00
Price
฿205.76
GF Value