MDX PCL (BKK:MDX) Cyclically Adjusted PS Ratio: 4.17 (As of Aug. 06, 2026) — 16% Above Median

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BKK:MDX MDX PCL BKK:MDX
72 GF Score
Price ฿3.50
GF Value ฿3.92
Valuation Modestly Undervalued
! 6 Warning Signs
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What is MDX PCL Cyclically Adjusted PS Ratio?

MDX PCL BKK:MDX -1.69% 72 Cyclically Adjusted PS Ratio is 4.17 as of Aug. 06, 2026, which is 16% above its 10-year median of 3.59. GuruFocus rates BKK:MDX with a GF Score™ of 72/100 and a GF Value™ of ฿3.92 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,360 Real Estate companies, MDX PCL ranks worse than 71.84% on this metric.

As of today (2026-08-06), MDX PCL's current share price is ฿3.50. MDX PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿0.84. MDX PCL's Cyclically Adjusted PS Ratio for today is 4.17.

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

BKK:MDX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.14   Med: 3.59   Max: 6.28
Current: 4.29

During the past years, MDX PCL's highest Cyclically Adjusted PS Ratio was 6.28. The lowest was 1.14. And the median was 3.59.

BKK:MDX's Cyclically Adjusted PS Ratio is ranked worse than
71.84% of 1360 companies
in the Real Estate industry
Industry Median: 1.82 vs BKK:MDX: 4.29

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

MDX PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.135. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ฿0.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MDX PCL  (BKK:MDX) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


MDX PCL Cyclically Adjusted PS Ratio Related Terms


MDX PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MDX PCL's Cyclically Adjusted PS 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.

MDX PCL Cyclically Adjusted PS Ratio Chart

MDX PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.73 4.35 3.11 4.00 2.91

MDX PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 3.31 2.94 3.01 2.91 2.74

MDX PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, MDX PCL's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


MDX PCL Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, MDX PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:MDX
72GF Score
MDX PCL BKK:MDX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MDX PCL Cyclically Adjusted PS Ratio Calculation

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

MDX PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.50/0.84
=4.17

* 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.

MDX PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, MDX PCL's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.135/330.2130*330.2130
=0.135

Current CPI (Mar. 2026) = 330.2130.

MDX PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.128 241.018 0.175
201609 0.131 241.428 0.179
201612 0.115 241.432 0.157
201703 0.124 243.801 0.168
201706 0.218 244.955 0.294
201709 0.135 246.819 0.181
201712 0.141 246.524 0.189
201803 0.132 249.554 0.175
201806 0.265 251.989 0.347
201809 0.144 252.439 0.188
201812 0.301 251.233 0.396
201903 0.141 254.202 0.183
201906 0.143 256.143 0.184
201909 0.137 256.759 0.176
201912 0.182 256.974 0.234
202003 0.139 258.115 0.178
202006 0.182 257.797 0.233
202009 0.260 260.280 0.330
202012 0.188 260.474 0.238
202103 0.141 264.877 0.176
202106 0.221 271.696 0.269
202109 0.157 274.310 0.189
202112 0.268 278.802 0.317
202203 0.211 287.504 0.242
202206 0.143 296.311 0.159
202209 0.140 296.808 0.156
202212 0.228 296.797 0.254
202303 0.249 301.836 0.272
202306 0.153 305.109 0.166
202309 0.148 307.789 0.159
202312 0.127 306.746 0.137
202403 0.196 312.332 0.207
202406 0.132 314.175 0.139
202409 0.174 315.301 0.182
202412 0.099 315.605 0.104
202503 0.169 319.799 0.175
202506 0.129 322.561 0.132
202509 0.504 324.800 0.512
202512 0.107 324.054 0.109
202603 0.135 330.213 0.135

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 4.17 mean?
MDX PCL (BKK:MDX) has a Cyclically Adjusted PS Ratio of 4.17 as of Aug. 06, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on MDX PCL and its competitors. This is 16% above median its historical median of 3.59. Over the past decade, MDX PCL's Cyclically Adjusted PS Ratio has ranged from 1.14 to 6.28. According to the industry distribution chart, MDX PCL ranks #977 out of 1360 companies in the Real Estate industry, placing it in the top 71.8%.
Is MDX PCL's Cyclically Adjusted PS Ratio too high?
MDX PCL's current Cyclically Adjusted PS Ratio of 4.17 is 16% above median its 10-year median of 3.59. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 6.28. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. MDX PCL's value of 4.17 is 129.1% above this industry median. Based on the distribution chart, MDX PCL ranks #977 out of 1360 companies in the Real Estate industry, which is below the industry midpoint. Overall, MDX PCL has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MDX PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, MDX PCL ranks #977 out of 1360 companies for Cyclically Adjusted PS Ratio. This places MDX PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. MDX PCL's value of 4.17 is 129.1% above this benchmark. Historically, MDX PCL's own Cyclically Adjusted PS Ratio has ranged from 1.14 to 6.28 over the past decade. While the company's 10-year median is 3.59 vs. the industry median of 1.82, MDX 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 PS Ratio for a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.82, based on 1,360 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MDX PCL's current Cyclically Adjusted PS Ratio of 4.17 is 129.1% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on MDX PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDX PCL's current Cyclically Adjusted PS Ratio is 4.17, which is 16% above median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDX PCL stock overvalued right now?
Based on GuruFocus' analysis, MDX PCL (BKK:MDX) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.92, compared to a current price of ฿3.50 — trading 10.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.17, which is 16% above median its 10-year median of 3.59 and 129.1% above the Real Estate industry median of 1.82. MDX PCL's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For MDX PCL (BKK:MDX), the current Cyclically Adjusted PS Ratio is 4.17 as of Aug. 06, 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 MDX PCL (BKK:MDX) Overvalued in 2026?

Based on GuruFocus' analysis, MDX PCL stock appears to be undervalued. The current stock price of ฿3.50 is trading 10.7% below its estimated GF Value™ of ฿3.92. GuruFocus considers MDX PCL to be Modestly Undervalued.

Key valuation signals for BKK:MDX:

  • Cyclically Adjusted PS Ratio: 4.17 (16% above median its 10-year median of 3.59)
  • GF Value™: ฿3.92 vs. price of ฿3.50 (10.7% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 129.1% above the Real Estate median (#977 of 1360)

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


MDX PCL Business Description

Address 199 Ratchadapisek Road, 12A Floor, Column Tower Building, Klongtoey, Bangkok, THA, 10110
MDX PCL is engaged in the investment and development of real estate and basic infrastructure projects. Through its subsidiaries, the company is also involved in investing in power plant projects and the distribution of electrical power. It operates in three business segments: the real estate segment, which generates maximum revenue, electricity generation, and others. Further, the real estate segment has two parts: sale of land and rental and utility services.
72GF Score

Get the complete analysis for BKK:MDX

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

฿3.50
Price
฿3.92
GF Value