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More Return PCL (BKK:MORE-F) Cyclically Adjusted PB Ratio : 0.23 (As of Jul. 10, 2025)


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What is More Return PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-10), More Return PCL's current share price is ฿0.03. More Return PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿0.13. More Return PCL's Cyclically Adjusted PB Ratio for today is 0.23.

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

BKK:MORE-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 1.58   Max: 24.33
Current: 0.23

During the past years, More Return PCL's highest Cyclically Adjusted PB Ratio was 24.33. The lowest was 0.15. And the median was 1.58.

BKK:MORE-F's Cyclically Adjusted PB Ratio is ranked better than
94.92% of 413 companies
in the Utilities - Regulated industry
Industry Median: 1.49 vs BKK:MORE-F: 0.23

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.

More Return PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿0.141. 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 ฿0.13 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


More Return PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for More Return 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.

More Return PCL Cyclically Adjusted PB Ratio Chart

More Return 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 - 16.27 3.49 0.77 0.15

More Return 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 0.68 0.38 0.53 0.15 0.23

Competitive Comparison of More Return PCL's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Water subindustry, More Return 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.


More Return PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, More Return PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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More Return 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.

More Return PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.13
=0.23

* 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.

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

For example, More Return 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)
=0.141/134.9266*134.9266
=0.141

Current CPI (Mar. 2025) = 134.9266.

More Return PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.184 100.684 0.247
201509 0.170 100.392 0.228
201512 0.127 99.792 0.172
201603 0.110 100.470 0.148
201606 0.107 101.688 0.142
201609 0.090 101.861 0.119
201612 0.049 101.863 0.065
201703 0.064 102.862 0.084
201706 0.044 103.349 0.057
201709 0.030 104.136 0.039
201712 0.019 104.011 0.025
201803 0.024 105.290 0.031
201806 0.029 106.317 0.037
201809 0.026 106.507 0.033
201812 0.052 105.998 0.066
201903 0.051 107.251 0.064
201906 0.051 108.070 0.064
201909 0.051 108.329 0.064
201912 0.050 108.420 0.062
202003 0.049 108.902 0.061
202006 0.048 108.767 0.060
202009 0.045 109.815 0.055
202012 0.043 109.897 0.053
202103 0.044 111.754 0.053
202106 0.046 114.631 0.054
202109 0.060 115.734 0.070
202112 0.220 117.630 0.252
202203 0.196 121.301 0.218
202206 0.219 125.017 0.236
202209 0.209 125.227 0.225
202212 0.258 125.222 0.278
202303 0.247 127.348 0.262
202306 0.247 128.729 0.259
202309 0.241 129.860 0.250
202312 0.203 129.419 0.212
202403 0.200 131.776 0.205
202406 0.176 132.554 0.179
202409 0.174 133.029 0.176
202412 0.143 133.157 0.145
202503 0.141 134.927 0.141

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.


More Return PCL  (BKK:MORE-F) 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.


More Return PCL Cyclically Adjusted PB Ratio Related Terms

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


More Return PCL Business Description

Traded in Other Exchanges
Address
Vibhavadi Rangsit Road, Soi Vibhavadi Rangsit 17, 222/148-150, Baan Suan Chatuchak Condominium, Chatuchak Sub-district, Chatuchak District, Bangkok, THA, 10900
More Return PCL is a Thailand-based company. Along with its subsidiaries, it operates in the following reportable segments; Services, Utilities, and Trading. A majority of its revenue is generated from the Utilities segment which is engaged in producing and selling treated water, and installation of water supply systems. The Services segment is responsible for consulting and organizing concerts, and the Trading segment is responsible for selling mosquito repellent spray products.

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