MCOT PCL (STU:OLU1) Cyclically Adjusted PB Ratio: (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:OLU1 MCOT PCL STU:OLU1
44 GF Score
Price €0.14
GF Value €0.07
! 3 Warning Signs
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What is MCOT PCL Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MCOT PCL  (STU:OLU1) 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.


MCOT PCL Cyclically Adjusted PB Ratio Related Terms


MCOT PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MCOT 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.

MCOT PCL Cyclically Adjusted PB Ratio Chart

MCOT 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 0.63 0.46 0.31 0.57 0.31

MCOT PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.39 0.36 0.31 0.63 0.00

STU:OLU1 vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, MCOT 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.


MCOT PCL Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MCOT PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:OLU1
44GF Score
MCOT PCL STU:OLU1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCOT 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.247/333.9520*333.9520
=0.247

Current CPI (Jun. 2026) = 333.9520.

MCOT PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.256 241.428 0.354
201612 0.253 241.432 0.350
201703 0.251 243.801 0.344
201706 0.239 244.955 0.326
201709 0.228 246.819 0.308
201712 0.152 246.524 0.206
201803 0.148 249.554 0.198
201806 0.142 251.989 0.188
201809 0.140 252.439 0.185
201812 0.264 251.233 0.351
201903 0.150 254.202 0.197
201906 0.165 256.143 0.215
201909 0.163 256.759 0.212
201912 0.341 256.974 0.443
202003 0.095 258.115 0.123
202006 0.089 257.797 0.115
202009 0.080 260.280 0.103
202012 0.263 260.474 0.337
202103 0.192 264.877 0.242
202106 0.187 271.696 0.230
202109 0.183 274.310 0.223
202112 0.261 278.802 0.313
202203 0.268 287.504 0.311
202206 0.265 296.311 0.299
202209 0.266 296.808 0.299
202212 0.269 296.797 0.303
202303 0.266 301.836 0.294
202306 0.257 305.109 0.281
202309 0.252 307.789 0.273
202312 0.282 306.746 0.307
202403 0.272 312.332 0.291
202406 0.267 314.175 0.284
202409 0.283 315.301 0.300
202412 0.288 315.605 0.305
202503 0.278 319.799 0.290
202506 0.268 322.561 0.277
202509 0.267 324.800 0.275
202512 0.265 324.054 0.273
202603 0.261 330.213 0.264
202606 0.247 333.952 0.247

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.

Is MCOT PCL (STU:OLU1) Overvalued in 2026?

Based on GuruFocus' analysis, MCOT PCL stock appears to be overvalued. The current stock price of €0.14 is trading 105.7% above its estimated GF Value™ of €0.07.

Key valuation signals for STU:OLU1:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.07 vs. price of €0.14 (105.7% above fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the STU:OLU1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MCOT PCL Business Description

Other Exchanges MCOT:Thailand
Address 63/1 Rama 9 Road, Huay Kwang, Bangkok, THA, 10320
MCOT PCL is engaged in the production of television and radio programming, digital terrestrial TV broadcast network, and facility services, and provides advertisements through TV, radio, and digital media. The company has four business segments: Television & news services, Radio services, Engineering services, and New business services. The majority of its revenue is generated by Engineering services.
44GF Score

Get the complete analysis for STU:OLU1

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

€0.14
Price
€0.07
GF Value