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MFEC PCL (BKK:MFEC) Cyclically Adjusted PB Ratio : 1.14 (As of Dec. 11, 2024)


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What is MFEC PCL Cyclically Adjusted PB Ratio?

As of today (2024-12-11), MFEC PCL's current share price is ฿6.15. MFEC PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ฿5.41. MFEC PCL's Cyclically Adjusted PB Ratio for today is 1.14.

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

BKK:MFEC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.17   Max: 2.46
Current: 1.13

During the past years, MFEC PCL's highest Cyclically Adjusted PB Ratio was 2.46. The lowest was 0.66. And the median was 1.17.

BKK:MFEC's Cyclically Adjusted PB Ratio is ranked better than
77.22% of 1361 companies
in the Software industry
Industry Median: 2.84 vs BKK:MFEC: 1.13

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.

MFEC PCL's adjusted book value per share data for the three months ended in Sep. 2024 was ฿5.847. 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 ฿5.41 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MFEC PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MFEC 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.

* Premium members only.

MFEC PCL Cyclically Adjusted PB Ratio Chart

MFEC PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 1.09 2.30 1.59 1.27

MFEC PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.32 1.27 1.29 1.12 1.08

Competitive Comparison of MFEC PCL's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, MFEC 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.


MFEC PCL's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, MFEC PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MFEC 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.

MFEC PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.15/5.41
=1.14

* 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.

MFEC PCL's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, MFEC PCL's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=5.847/133.0289*133.0289
=5.847

Current CPI (Sep. 2024) = 133.0289.

MFEC PCL Quarterly Data

Book Value per Share CPI Adj_Book
201412 4.346 99.070 5.836
201503 4.444 99.621 5.934
201506 4.015 100.684 5.305
201509 4.093 100.392 5.424
201512 4.294 99.792 5.724
201603 4.336 100.470 5.741
201606 4.219 101.688 5.519
201609 4.401 101.861 5.748
201612 4.479 101.863 5.849
201703 4.555 102.862 5.891
201706 4.287 103.349 5.518
201709 4.393 104.136 5.612
201712 4.475 104.011 5.723
201803 4.536 105.290 5.731
201806 4.269 106.317 5.342
201809 4.331 106.507 5.410
201812 3.862 105.998 4.847
201903 3.927 107.251 4.871
201906 3.822 108.070 4.705
201909 3.896 108.329 4.784
201912 4.143 108.420 5.083
202003 4.285 108.902 5.234
202006 4.006 108.767 4.900
202009 4.094 109.815 4.959
202012 4.315 109.897 5.223
202103 4.426 111.754 5.269
202106 4.136 114.631 4.800
202109 4.289 115.734 4.930
202112 4.504 117.630 5.094
202203 4.622 121.301 5.069
202206 4.322 125.017 4.599
202209 4.459 125.227 4.737
202212 4.598 125.222 4.885
202303 6.107 127.348 6.379
202306 5.810 128.729 6.004
202309 5.958 129.860 6.103
202312 5.743 129.419 5.903
202403 5.895 131.776 5.951
202406 5.729 132.554 5.750
202409 5.847 133.029 5.847

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.


MFEC PCL  (BKK:MFEC) 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.


MFEC PCL Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of MFEC PCL's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MFEC PCL Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » MFEC PCL (BKK:MFEC) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
Vibhavadi Rangsit Road, 349 SJ Infinite One Business Complex, Chompol, Chatujak, Bangkok, THA, 10900
MFEC PCL is involved in the sales of computers, computer systems, system implementation, maintenance service program development, and provision of related services. The firm operates in segments, which are IT Professional Services, System Integration, and Maintenance Services and Cloud computing service. Systems Integration involves the process of design, procurement, and implementation of computer systems and IT infrastructures. The majority of revenue is generated from Maintenance services. Maintenance services include telephone support through help-desk and hotline numbers, remote diagnosis, onsite standby, and troubleshooting.

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