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Mida Assets PCL (BKK:MIDA-R) Cyclically Adjusted PB Ratio : 0.13 (As of Jul. 09, 2025)


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What is Mida Assets PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-09), Mida Assets PCL's current share price is ฿0.26. Mida Assets PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿1.94. Mida Assets PCL's Cyclically Adjusted PB Ratio for today is 0.13.

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

BKK:MIDA-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.29   Max: 0.44
Current: 0.15

During the past years, Mida Assets PCL's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.12. And the median was 0.29.

BKK:MIDA-R's Cyclically Adjusted PB Ratio is ranked better than
93.7% of 413 companies
in the Credit Services industry
Industry Median: 0.99 vs BKK:MIDA-R: 0.15

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.

Mida Assets PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿1.366. 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 ฿1.94 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mida Assets PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mida Assets 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.

Mida Assets PCL Cyclically Adjusted PB Ratio Chart

Mida Assets PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.32 0.26 0.29 0.17

Mida Assets PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.27 0.21 0.26 0.17 0.12

Competitive Comparison of Mida Assets PCL's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Mida Assets 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.


Mida Assets PCL's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mida Assets PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Mida Assets 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.26/1.94
=0.13

* 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.

Mida Assets PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Mida Assets PCL's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.366/134.9266*134.9266
=1.366

Current CPI (Mar. 2025) = 134.9266.

Mida Assets PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.454 100.684 1.949
201509 1.466 100.392 1.970
201512 1.484 99.792 2.006
201603 1.499 100.470 2.013
201606 1.509 101.688 2.002
201609 1.513 101.861 2.004
201612 1.516 101.863 2.008
201703 1.519 102.862 1.993
201706 1.523 103.349 1.988
201709 1.528 104.136 1.980
201712 1.535 104.011 1.991
201803 1.550 105.290 1.986
201806 1.559 106.317 1.979
201809 1.564 106.507 1.981
201812 1.561 105.998 1.987
201903 1.570 107.251 1.975
201906 1.566 108.070 1.955
201909 1.568 108.329 1.953
201912 1.566 108.420 1.949
202003 1.574 108.902 1.950
202006 1.559 108.767 1.934
202009 1.548 109.815 1.902
202012 1.531 109.897 1.880
202103 1.506 111.754 1.818
202106 1.473 114.631 1.734
202109 1.453 115.734 1.694
202112 1.430 117.630 1.640
202203 1.405 121.301 1.563
202206 1.392 125.017 1.502
202209 1.370 125.227 1.476
202212 1.340 125.222 1.444
202303 1.355 127.348 1.436
202306 1.416 128.729 1.484
202309 1.474 129.860 1.532
202312 1.455 129.419 1.517
202403 1.451 131.776 1.486
202406 1.421 132.554 1.446
202409 1.390 133.029 1.410
202412 1.364 133.157 1.382
202503 1.366 134.927 1.366

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.


Mida Assets PCL  (BKK:MIDA-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.


Mida Assets PCL Cyclically Adjusted PB Ratio Related Terms

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


Mida Assets PCL Business Description

Traded in Other Exchanges
Address
267 Charansanitwong Road, Bang-Or, Bangplad, Bangkok, THA, 10700
Mida Assets PCL is a Thailand-based company engaged in different businesses such as sales of merchandise and hire-purchases financing for electronic equipment and used cars, real estate development, hotel operations services and management, golf course rental, agency for sale of real estate, advertising, public relation and events organizing services, providing financial services, management of non-performing assets and security guard services. Its segments include the Hire-purchase business, Real estate development, Hotel operation, Agency for sale real estate, and Advertising, public relations, and events services, of which key revenue is derived from the Hire-purchase business. The group has a business presence in Thailand and other countries.

Mida Assets PCL Headlines

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