MBK PCL (BKK:MBK-R) Cyclically Adjusted Price-to-FCF: 32.55 (As of Aug. 29, 2026) — 46% Below Median

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BKK:MBK-R MBK PCL BKK:MBK-R
77 GF Score
Price ฿22.46
GF Value ฿18.68
! 11 Warning Signs
View Full Analysis

What is MBK PCL Cyclically Adjusted Price-to-FCF?

MBK PCL BKK:MBK-R +0.26% 77 Cyclically Adjusted Price-to-FCF is 32.55 as of Aug. 29, 2026, which is 46% below its 10-year median of 60.38. GuruFocus rates BKK:MBK-R with a GF Score™ of 77/100 and a GF Value™ of ฿18.68. The stock has 11 warning signs investors should review. Among 224 Conglomerates companies, MBK PCL ranks worse than 66.96% on this metric.

As of today (2026-08-29), MBK PCL's current share price is ฿22.4579. MBK PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ฿0.69. MBK PCL's Cyclically Adjusted Price-to-FCF for today is 32.55.

The historical rank and industry rank for MBK PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:MBK-R' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.26   Med: 60.38   Max: 858.33
Current: 28.37

During the past years, MBK PCL's highest Cyclically Adjusted Price-to-FCF was 858.33. The lowest was 24.26. And the median was 60.38.

BKK:MBK-R's Cyclically Adjusted Price-to-FCF is ranked worse than
66.96% of 224 companies
in the Conglomerates industry
Industry Median: 17.32 vs BKK:MBK-R: 28.37

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

MBK PCL's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ฿1.032. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ฿0.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MBK PCL  (BKK:MBK-R) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


MBK PCL Cyclically Adjusted Price-to-FCF Related Terms


MBK PCL Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for MBK PCL's Cyclically Adjusted Price-to-FCF 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.

MBK PCL Cyclically Adjusted Price-to-FCF Chart

MBK PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.41 52.45 34.00 34.23 30.03

MBK 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 Price-to-FCF 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 29.34 25.75 30.03 27.80 24.78

BKK:MBK-R vs MMM, HON: Cyclically Adjusted Price-to-FCF Comparison

For the Conglomerates subindustry, MBK PCL's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


MBK PCL Cyclically Adjusted Price-to-FCF vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, MBK PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MBK PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:MBK-R
77GF Score
MBK PCL BKK:MBK-R
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MBK PCL Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

MBK PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.4579/0.69
=32.55

* 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.

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

For example, MBK PCL's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.032/333.9520*333.9520
=1.032

Current CPI (Jun. 2026) = 333.9520.

MBK PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.010 241.428 -0.014
201612 -0.182 241.432 -0.252
201703 0.189 243.801 0.259
201706 -0.522 244.955 -0.712
201709 0.086 246.819 0.116
201712 -0.522 246.524 -0.707
201803 -0.439 249.554 -0.587
201806 -0.113 251.989 -0.150
201809 -0.244 252.439 -0.323
201812 0.522 251.233 0.694
201903 -0.125 254.202 -0.164
201906 0.106 256.143 0.138
201909 -0.515 256.759 -0.670
201912 0.210 256.974 0.273
202003 0.051 258.115 0.066
202006 0.322 257.797 0.417
202009 -0.308 260.280 -0.395
202012 0.226 260.474 0.290
202103 0.077 264.877 0.097
202106 -0.090 271.696 -0.111
202109 0.587 274.310 0.715
202112 0.636 278.802 0.762
202203 0.393 287.504 0.456
202206 0.452 296.311 0.509
202209 0.395 296.808 0.444
202212 0.073 296.797 0.082
202303 0.922 301.836 1.020
202306 0.343 305.109 0.375
202309 -0.213 307.789 -0.231
202312 -0.999 306.746 -1.088
202403 1.187 312.332 1.269
202406 -0.012 314.175 -0.013
202409 0.446 315.301 0.472
202412 0.541 315.605 0.572
202503 -0.128 319.799 -0.134
202506 0.913 322.561 0.945
202509 1.033 324.800 1.062
202512 0.621 324.054 0.640
202603 0.623 330.213 0.630
202606 1.032 333.952 1.032

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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 Price-to-FCF of 32.55 mean?
MBK PCL (BKK:MBK-R) has a Cyclically Adjusted Price-to-FCF of 32.55 as of Aug. 29, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on MBK PCL and its competitors. This is 46% below median its historical median of 60.38. Over the past decade, MBK PCL's Cyclically Adjusted Price-to-FCF has ranged from 24.26 to 858.33. According to the industry distribution chart, MBK PCL ranks #150 out of 224 companies in the Conglomerates industry, placing it in the top 67%.
Is MBK PCL's Cyclically Adjusted Price-to-FCF too high?
MBK PCL's current Cyclically Adjusted Price-to-FCF of 32.55 is 46% below median its 10-year median of 60.38. Over the past 10 years, this metric has ranged from a low of 24.26 to a high of 858.33. The Conglomerates industry median Cyclically Adjusted Price-to-FCF is 17.32. MBK PCL's value of 32.55 is 87.9% above this industry median. Based on the distribution chart, MBK PCL ranks #150 out of 224 companies in the Conglomerates industry, which is below the industry midpoint. Overall, MBK PCL has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does MBK PCL's Cyclically Adjusted Price-to-FCF compare to MMM and HON?
According to the Conglomerates industry distribution chart, MBK PCL ranks #150 out of 224 companies for Cyclically Adjusted Price-to-FCF. This places MBK PCL in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 17.32. MBK PCL's value of 32.55 is 87.9% above this benchmark. Historically, MBK PCL's own Cyclically Adjusted Price-to-FCF has ranged from 24.26 to 858.33 over the past decade. While the company's 10-year median is 60.38 vs. the industry median of 17.32, MBK 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 Price-to-FCF for a Conglomerates company?
The median Cyclically Adjusted Price-to-FCF among Conglomerates companies is 17.32, based on 224 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MBK PCL's current Cyclically Adjusted Price-to-FCF of 32.55 is 87.9% 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 Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on MBK PCL and its competitors. For the Conglomerates industry, the median Cyclically Adjusted Price-to-FCF is 17.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBK PCL's current Cyclically Adjusted Price-to-FCF is 32.55, which is 46% below median its own 10-year median of 60.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK PCL stock overvalued right now?
MBK PCL (BKK:MBK-R) has a current Cyclically Adjusted Price-to-FCF of 32.55. The stock's GF Value™ is ฿18.68, compared to a current price of ฿22.46 — trading 20.2% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 32.55, which is 46% below median its 10-year median of 60.38 and 87.9% above the Conglomerates industry median of 17.32. MBK PCL's overall GF Score™ is 77/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For MBK PCL (BKK:MBK-R), the current Cyclically Adjusted Price-to-FCF is 32.55 as of Aug. 29, 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 MBK PCL (BKK:MBK-R) Overvalued in 2026?

Based on GuruFocus' analysis, MBK PCL stock appears to be overvalued. The current stock price of ฿22.46 is trading 20.2% above its estimated GF Value™ of ฿18.68.

Key valuation signals for BKK:MBK-R:

  • Cyclically Adjusted Price-to-FCF: 32.55 (46% below median its 10-year median of 60.38)
  • GF Value™: ฿18.68 vs. price of ฿22.46 (20.2% above fair value)
  • GF Score™: 77/100 with 11 warning signs
  • Industry Position: 87.9% above the Conglomerates median (#150 of 224)

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


MBK PCL Business Description

Other Exchanges MBK:Thailand
Address 444 Phayathai Road, 8th Floor, MBK Center Building, Pathumwan, Bangkok, THA, 10330
MBK PCL is engaged in multiple businesses. Its businesses includes Shopping center business, Hotel and tourism business, Golf business, Real estate business, Food solutions business, Financial business, Auction business, Corporate supporting center and other business. Shopping center business engages in the business of rental space to retail tenants in the shopping centers and the business of office space for rent. The hotel and tourism business engages in providing for lodging, food and drink, and other facilities and services related for accommodation and travel. Golf business engages in golf services. Real estate business engages in residential for sale, property management and asset appraisal. Auction business engages in the business of car and motorcycle auction.
77GF Score

Get the complete analysis for BKK:MBK-R

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

฿22.46
Price
฿18.68
GF Value