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Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) Cyclically Adjusted PB Ratio : 0.28 (As of Jul. 04, 2025)


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What is Major Cineplex Lifestyle Leasehold Property Fund Cyclically Adjusted PB Ratio?

As of today (2025-07-04), Major Cineplex Lifestyle Leasehold Property Fund's current share price is ฿3.96. Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿14.11. Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PB Ratio for today is 0.28.

The historical rank and industry rank for Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:MJLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.54   Max: 1.1
Current: 0.28

During the past years, Major Cineplex Lifestyle Leasehold Property Fund's highest Cyclically Adjusted PB Ratio was 1.10. The lowest was 0.23. And the median was 0.54.

BKK:MJLF's Cyclically Adjusted PB Ratio is ranked better than
88% of 525 companies
in the REITs industry
Industry Median: 0.81 vs BKK:MJLF: 0.28

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.

Major Cineplex Lifestyle Leasehold Property Fund's adjusted book value per share data for the three months ended in Mar. 2025 was ฿11.401. 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 ฿14.11 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Major Cineplex Lifestyle Leasehold Property Fund Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Major Cineplex Lifestyle Leasehold Property Fund'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.

Major Cineplex Lifestyle Leasehold Property Fund Cyclically Adjusted PB Ratio Chart

Major Cineplex Lifestyle Leasehold Property Fund 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 0.60 0.61 0.41 0.25 0.30

Major Cineplex Lifestyle Leasehold Property Fund 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 0.25 0.27 0.29 0.30 0.31

Competitive Comparison of Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PB Ratio

For the REIT - Retail subindustry, Major Cineplex Lifestyle Leasehold Property Fund'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.


Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PB Ratio falls into.


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Major Cineplex Lifestyle Leasehold Property Fund 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.

Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.96/14.11
=0.28

* 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.

Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Major Cineplex Lifestyle Leasehold Property Fund'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)
=11.401/134.9266*134.9266
=11.401

Current CPI (Mar. 2025) = 134.9266.

Major Cineplex Lifestyle Leasehold Property Fund Quarterly Data

Book Value per Share CPI Adj_Book
201506 12.080 100.684 16.188
201509 12.121 100.392 16.291
201512 12.187 99.792 16.478
201603 12.166 100.470 16.338
201606 12.223 101.688 16.218
201609 12.243 101.861 16.217
201612 12.265 101.863 16.246
201703 12.043 102.862 15.797
201706 12.152 103.349 15.865
201709 12.218 104.136 15.831
201712 12.032 104.011 15.608
201803 0.000 105.290 0.000
201806 12.099 106.317 15.355
201809 12.061 106.507 15.279
201812 12.033 105.998 15.317
201903 12.015 107.251 15.115
201906 12.033 108.070 15.023
201909 12.077 108.329 15.042
201912 12.222 108.420 15.210
202003 12.069 108.902 14.953
202006 12.144 108.767 15.065
202009 12.251 109.815 15.052
202012 12.130 109.897 14.893
202103 12.092 111.754 14.599
202106 12.569 114.631 14.794
202109 12.320 115.734 14.363
202112 12.349 117.630 14.165
202203 12.291 121.301 13.672
202206 12.442 125.017 13.428
202209 10.522 125.227 11.337
202212 10.533 125.222 11.349
202303 10.471 127.348 11.094
202306 10.420 128.729 10.922
202309 10.491 129.860 10.900
202312 10.472 129.419 10.918
202403 10.705 131.776 10.961
202406 10.746 132.554 10.938
202409 10.783 133.029 10.937
202412 11.081 133.157 11.228
202503 11.401 134.927 11.401

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.


Major Cineplex Lifestyle Leasehold Property Fund  (BKK:MJLF) 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.


Major Cineplex Lifestyle Leasehold Property Fund Cyclically Adjusted PB Ratio Related Terms

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Major Cineplex Lifestyle Leasehold Property Fund Business Description

Traded in Other Exchanges
N/A
Address
1839 Phaholyothin Road, Ladyao, Jatuchak, Bangkok, THA, 10900
Major Cineplex Lifestyle Leasehold Property Fund is a closed-end property fund. The fund operates in only one business segment which is the Investment in Property and the business is only operated in Thailand.

Major Cineplex Lifestyle Leasehold Property Fund Headlines

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