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Major Development PCL (BKK:MJD-R) Cyclically Adjusted PS Ratio : 0.07 (As of Jul. 17, 2025)


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What is Major Development PCL Cyclically Adjusted PS Ratio?

As of today (2025-07-17), Major Development PCL's current share price is ฿0.42. Major Development PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ฿6.26. Major Development PCL's Cyclically Adjusted PS Ratio for today is 0.07.

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

BKK:MJD-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.29   Max: 0.74
Current: 0.08

During the past years, Major Development PCL's highest Cyclically Adjusted PS Ratio was 0.74. The lowest was 0.07. And the median was 0.29.

BKK:MJD-R's Cyclically Adjusted PS Ratio is ranked better than
95.4% of 1304 companies
in the Real Estate industry
Industry Median: 2.045 vs BKK:MJD-R: 0.08

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.

Major Development PCL's adjusted revenue per share data for the three months ended in Mar. 2025 was ฿0.509. 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 ฿6.26 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Major Development PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Major Development 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.

* Premium members only.

Major Development PCL Cyclically Adjusted PS Ratio Chart

Major Development PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.32 0.26 0.22 0.17

Major Development 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 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 0.21 0.18 0.19 0.17 0.11

Competitive Comparison of Major Development PCL's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Major Development 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.


Major Development PCL's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

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


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Major Development 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.42/6.26
=0.07

* 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.

Major Development PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Major Development PCL's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.509/134.9266*134.9266
=0.509

Current CPI (Mar. 2025) = 134.9266.

Major Development PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.671 100.684 0.899
201509 0.684 100.392 0.919
201512 0.603 99.792 0.815
201603 1.060 100.470 1.424
201606 2.479 101.688 3.289
201609 1.557 101.861 2.062
201612 1.022 101.863 1.354
201703 0.585 102.862 0.767
201706 0.714 103.349 0.932
201709 0.561 104.136 0.727
201712 1.700 104.011 2.205
201803 0.728 105.290 0.933
201806 1.988 106.317 2.523
201809 1.634 106.507 2.070
201812 1.683 105.998 2.142
201903 1.693 107.251 2.130
201906 1.719 108.070 2.146
201909 2.157 108.329 2.687
201912 1.620 108.420 2.016
202003 2.241 108.902 2.777
202006 1.972 108.767 2.446
202009 1.785 109.815 2.193
202012 2.177 109.897 2.673
202103 1.316 111.754 1.589
202106 1.339 114.631 1.576
202109 1.079 115.734 1.258
202112 1.062 117.630 1.218
202203 0.674 121.301 0.750
202206 0.800 125.017 0.863
202209 0.779 125.227 0.839
202212 0.966 125.222 1.041
202303 0.732 127.348 0.776
202306 0.741 128.729 0.777
202309 0.463 129.860 0.481
202312 0.570 129.419 0.594
202403 0.730 131.776 0.747
202406 0.652 132.554 0.664
202409 0.690 133.029 0.700
202412 0.677 133.157 0.686
202503 0.509 134.927 0.509

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.


Major Development PCL  (BKK:MJD-R) 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.


Major Development PCL Cyclically Adjusted PS Ratio Related Terms

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


Major Development PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit Road, 141 Soi Sukhumvit 63 (Ekamai), Klongton Nua, Wattana, Bangkok, THA, 10110
Major Development PCL is a Thailand-based real estate company. The operating segments of the group are the Property development business segment; the Hotel business segment and the Rental and service business segment. It derives prime revenue from the Property development business segment which engages in the development of land and houses and residential condominium units for sale. The group primarily operates in Thailand.

Major Development PCL Headlines

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