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Modernform Group PCL (BKK:MODERN-R) Cyclically Adjusted PB Ratio : 0.59 (As of Jun. 25, 2025)


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What is Modernform Group PCL Cyclically Adjusted PB Ratio?

As of today (2025-06-25), Modernform Group PCL's current share price is ฿3.60. Modernform Group PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿6.08. Modernform Group PCL's Cyclically Adjusted PB Ratio for today is 0.59.

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

BKK:MODERN-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.85   Max: 1.72
Current: 0.54

During the past years, Modernform Group PCL's highest Cyclically Adjusted PB Ratio was 1.72. The lowest was 0.52. And the median was 0.85.

BKK:MODERN-R's Cyclically Adjusted PB Ratio is ranked better than
76.13% of 331 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.38 vs BKK:MODERN-R: 0.54

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.

Modernform Group PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿3.184. 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 ฿6.08 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Modernform Group PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Modernform Group 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.

Modernform Group PCL Cyclically Adjusted PB Ratio Chart

Modernform Group 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 0.85 1.01 0.87 0.65 0.57

Modernform Group 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 0.58 0.60 0.69 0.57 0.59

Competitive Comparison of Modernform Group PCL's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.


Modernform Group PCL's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Modernform Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.60/6.08
=0.59

* 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.

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

For example, Modernform Group 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)
=3.184/134.9266*134.9266
=3.184

Current CPI (Mar. 2025) = 134.9266.

Modernform Group PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.499 100.684 4.689
201509 3.375 100.392 4.536
201512 3.389 99.792 4.582
201603 3.421 100.470 4.594
201606 3.212 101.688 4.262
201609 3.124 101.861 4.138
201612 3.242 101.863 4.294
201703 3.290 102.862 4.316
201706 3.232 103.349 4.220
201709 3.289 104.136 4.261
201712 3.381 104.011 4.386
201803 3.433 105.290 4.399
201806 3.190 106.317 4.048
201809 3.175 106.507 4.022
201812 3.163 105.998 4.026
201903 3.203 107.251 4.030
201906 3.036 108.070 3.790
201909 3.083 108.329 3.840
201912 3.092 108.420 3.848
202003 3.036 108.902 3.762
202006 2.967 108.767 3.681
202009 3.007 109.815 3.695
202012 3.088 109.897 3.791
202103 3.169 111.754 3.826
202106 3.060 114.631 3.602
202109 3.044 115.734 3.549
202112 3.087 117.630 3.541
202203 3.063 121.301 3.407
202206 2.976 125.017 3.212
202209 3.006 125.227 3.239
202212 3.037 125.222 3.272
202303 3.054 127.348 3.236
202306 3.007 128.729 3.152
202309 3.036 129.860 3.154
202312 3.066 129.419 3.196
202403 2.968 131.776 3.039
202406 2.975 132.554 3.028
202409 3.090 133.029 3.134
202412 3.186 133.157 3.228
202503 3.184 134.927 3.184

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.


Modernform Group PCL  (BKK:MODERN-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.


Modernform Group PCL Cyclically Adjusted PB Ratio Related Terms

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


Modernform Group PCL Business Description

Traded in Other Exchanges
Address
699 Srinakarindr Road, Modernform Tower, 1st - 4th Floor, Phatthanakan, Suan Luang, Bangkok, THA, 10250
Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.

Modernform Group PCL Headlines

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