Minor International PCL (BKK:MINT) Cyclically Adjusted PB Ratio: 1.53 (As of Jul. 23, 2026) — 46% Below Median

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BKK:MINT Minor International PCL BKK:MINT
81 GF Score
Price ฿23.50
GF Value ฿28.04
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Minor International PCL Cyclically Adjusted PB Ratio?

Minor International PCL BKK:MINT -2.08% 81 Cyclically Adjusted PB Ratio is 1.53 as of Jul. 23, 2026, which is 46% below its 10-year median of 2.85. GuruFocus rates BKK:MINT with a GF Score™ of 81/100 and a GF Value™ of ฿28.04 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 648 Travel & Leisure companies, Minor International PCL ranks worse than 57.41% on this metric.

As of today (2026-07-23), Minor International PCL's current share price is ฿23.50. Minor International PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿15.32. Minor International PCL's Cyclically Adjusted PB Ratio for today is 1.53.

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

BKK:MINT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.85   Max: 8.27
Current: 1.54

During the past years, Minor International PCL's highest Cyclically Adjusted PB Ratio was 8.27. The lowest was 1.34. And the median was 2.85.

BKK:MINT's Cyclically Adjusted PB Ratio is ranked worse than
57.41% of 648 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs BKK:MINT: 1.54

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.

Minor International PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿16.111. 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 ฿15.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minor International PCL  (BKK:MINT) 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.


Minor International PCL Cyclically Adjusted PB Ratio Related Terms


Minor International PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Minor International 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.

Minor International PCL Cyclically Adjusted PB Ratio Chart

Minor International 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 2.80 2.74 2.29 1.87 1.63

Minor International PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.84 1.60 1.56 1.63 1.41

BKK:MINT vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Minor International 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.


Minor International PCL Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Minor International PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BKK:MINT
81GF Score
Minor International PCL BKK:MINT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minor International 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.50/15.32
=1.53

* 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.

Minor International PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Minor International PCL's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=16.111/330.2130*330.2130
=16.111

Current CPI (Mar. 2026) = 330.2130.

Minor International PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.882 241.018 10.799
201609 8.112 241.428 11.095
201612 8.353 241.432 11.425
201703 8.687 243.801 11.766
201706 8.411 244.955 11.338
201709 8.659 246.819 11.585
201712 10.093 246.524 13.519
201803 10.279 249.554 13.601
201806 9.951 251.989 13.040
201809 12.994 252.439 16.997
201812 15.187 251.233 19.961
201903 15.159 254.202 19.692
201906 14.866 256.143 19.165
201909 15.497 256.759 19.930
201912 16.092 256.974 20.678
202003 14.922 258.115 19.090
202006 14.824 257.797 18.988
202009 14.087 260.280 17.872
202012 12.925 260.474 16.386
202103 11.653 264.877 14.527
202106 10.872 271.696 13.214
202109 10.378 274.310 12.493
202112 13.047 278.802 15.453
202203 12.355 287.504 14.190
202206 12.913 296.311 14.390
202209 13.713 296.808 15.256
202212 13.471 296.797 14.988
202303 15.178 301.836 16.605
202306 13.757 305.109 14.889
202309 13.804 307.789 14.810
202312 13.695 306.746 14.743
202403 14.200 312.332 15.013
202406 14.678 314.175 15.427
202409 13.857 315.301 14.512
202412 15.491 315.605 16.208
202503 15.288 319.799 15.786
202506 15.386 322.561 15.751
202509 15.252 324.800 15.506
202512 15.776 324.054 16.076
202603 16.111 330.213 16.111

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 1.53 mean?
Minor International PCL (BKK:MINT) has a Cyclically Adjusted PB Ratio of 1.53 as of Jul. 23, 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 Minor International PCL and its competitors. This is 46% below median its historical median of 2.85. Over the past decade, Minor International PCL's Cyclically Adjusted PB Ratio has ranged from 1.34 to 8.27. According to the industry distribution chart, Minor International PCL ranks #372 out of 648 companies in the Travel & Leisure industry, placing it in the top 57.4%.
Is Minor International PCL's Cyclically Adjusted PB Ratio too high?
Minor International PCL's current Cyclically Adjusted PB Ratio of 1.53 is 46% below median its 10-year median of 2.85. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 8.27. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Minor International PCL's value of 1.53 is 27.5% above this industry median. Based on the distribution chart, Minor International PCL ranks #372 out of 648 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Minor International PCL has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Minor International PCL's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Minor International PCL ranks #372 out of 648 companies for Cyclically Adjusted PB Ratio. This places Minor International PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Minor International PCL's value of 1.53 is 27.5% above this benchmark. Historically, Minor International PCL's own Cyclically Adjusted PB Ratio has ranged from 1.34 to 8.27 over the past decade. While the company's 10-year median is 2.85 vs. the industry median of 1.20, Minor International PCL has consistently been above 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 648 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. Minor International PCL's current Cyclically Adjusted PB Ratio of 1.53 is 27.5% above 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 Minor International PCL and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minor International PCL's current Cyclically Adjusted PB Ratio is 1.53, which is 46% below median its own 10-year median of 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minor International PCL stock overvalued right now?
Based on GuruFocus' analysis, Minor International PCL (BKK:MINT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿28.04, compared to a current price of ฿23.50 — trading 16.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.53, which is 46% below median its 10-year median of 2.85 and 27.5% above the Travel & Leisure industry median of 1.20. Minor International PCL's overall GF Score™ is 81/100 with 6 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 Minor International PCL (BKK:MINT), the current Cyclically Adjusted PB Ratio is 1.53 as of Jul. 23, 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 Minor International PCL (BKK:MINT) Overvalued in 2026?

Based on GuruFocus' analysis, Minor International PCL stock appears to be undervalued. The current stock price of ฿23.50 is trading 16.2% below its estimated GF Value™ of ฿28.04. GuruFocus considers Minor International PCL to be Modestly Undervalued.

Key valuation signals for BKK:MINT:

  • Cyclically Adjusted PB Ratio: 1.53 (46% below median its 10-year median of 2.85)
  • GF Value™: ฿28.04 vs. price of ฿23.50 (16.2% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 27.5% above the Travel & Leisure median (#372 of 648)

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


Minor International PCL Business Description

Other Exchanges MNILY:USAMINT-F:Thailand
Address Ratchadaphisek Road, 12th Floor, 88 The Parq Building, Klongtoey Subdistrict, Klongtoey District, Bangkok, THA, 10110
Minor International PCL operates hotels, restaurant operations, distribution, and manufacturing businesses. The company's operating segments of the company are Hotel, Mixed-use and others, and Restaurants. Majority of its revenue comes from European hotels. The Group mainly operates in Thailand and also has operations in other countries such as countries in Europe, Singapore, The People's Republic of China, The Republic of Maldives, The United Arab Emirates, Sri Lanka, Australia, the Federative Republic of Brazil, and countries in Africa, etc.
81GF Score

Get the complete analysis for BKK:MINT

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

฿23.50
Price
฿28.04
GF Value