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Millcon Steel PCL (BKK:MILL-R) Cyclically Adjusted PB Ratio : 0.07 (As of Jun. 30, 2025)


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What is Millcon Steel PCL Cyclically Adjusted PB Ratio?

As of today (2025-06-30), Millcon Steel PCL's current share price is ฿0.09. Millcon Steel PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿1.38. Millcon Steel PCL's Cyclically Adjusted PB Ratio for today is 0.07.

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

BKK:MILL-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.55   Max: 1.3
Current: 0.05

During the past years, Millcon Steel PCL's highest Cyclically Adjusted PB Ratio was 1.30. The lowest was 0.05. And the median was 0.55.

BKK:MILL-R's Cyclically Adjusted PB Ratio is ranked better than
99.42% of 517 companies
in the Steel industry
Industry Median: 0.86 vs BKK:MILL-R: 0.05

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.

Millcon Steel PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿0.034. 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 ฿1.38 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Millcon Steel PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Millcon Steel 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.

Millcon Steel PCL Cyclically Adjusted PB Ratio Chart

Millcon Steel 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 0.47 0.63 0.83 0.55 0.26

Millcon Steel PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.26 0.17 0.07 0.09 0.07

Competitive Comparison of Millcon Steel PCL's Cyclically Adjusted PB Ratio

For the Steel subindustry, Millcon Steel 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.


Millcon Steel PCL's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Millcon Steel PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Millcon Steel 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.09/1.38
=0.07

* 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.

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

For example, Millcon Steel 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)
=0.034/134.9266*134.9266
=0.034

Current CPI (Mar. 2025) = 134.9266.

Millcon Steel PCL Quarterly Data

Book Value per Share CPI Adj_Book
201503 1.110 99.621 1.503
201506 1.124 100.684 1.506
201509 1.312 100.392 1.763
201512 1.416 99.792 1.915
201603 1.382 100.470 1.856
201606 1.260 101.688 1.672
201609 1.269 101.861 1.681
201612 1.171 101.863 1.551
201703 1.203 102.862 1.578
201706 1.206 103.349 1.574
201709 1.218 104.136 1.578
201712 1.194 104.011 1.549
201803 1.212 105.290 1.553
201806 1.200 106.317 1.523
201809 1.320 106.507 1.672
201812 1.227 105.998 1.562
201903 1.095 107.251 1.378
201906 1.167 108.070 1.457
201909 1.170 108.329 1.457
201912 1.136 108.420 1.414
202003 1.129 108.902 1.399
202006 1.131 108.767 1.403
202009 1.130 109.815 1.388
202012 1.169 109.897 1.435
202103 1.179 111.754 1.423
202106 1.189 114.631 1.400
202109 1.231 115.734 1.435
202112 1.238 117.630 1.420
202203 1.144 121.301 1.273
202206 1.261 125.017 1.361
202209 1.226 125.227 1.321
202212 1.240 125.222 1.336
202303 1.247 127.348 1.321
202306 1.245 128.729 1.305
202309 1.164 129.860 1.209
202312 1.047 129.419 1.092
202403 0.934 131.776 0.956
202406 0.681 132.554 0.693
202409 0.213 133.029 0.216
202503 0.034 134.927 0.034

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.


Millcon Steel PCL  (BKK:MILL-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.


Millcon Steel PCL Cyclically Adjusted PB Ratio Related Terms

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


Millcon Steel PCL Business Description

Industry
Traded in Other Exchanges
Address
Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Bangkhuntien, Bangkok, THA, 10150
Millcon Steel PCL is engaged in the manufacturing and trading of steel products and the generation and sale of electricity from alternative energy sources. The reportable segments of the company are the Manufacturing segment and Trading segment. The vast majority of its revenue comes from the Domestic Market. The company's products include Steel, Reinforcing steel bar, Wire rod, Long steel bar, Spiral deformed steel bar, and others.

Millcon Steel PCL Headlines

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