Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) Cyclically Adjusted PS Ratio: 3.69 (As of Aug. 29, 2026) — 26% Below Median

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BKK:MJLF Major Cineplex Lifestyle Leasehold Property Fund BKK:MJLF
51 GF Score
Price ฿4.94
GF Value ฿4.45
! 6 Warning Signs
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What is Major Cineplex Lifestyle Leasehold Property Fund Cyclically Adjusted PS Ratio?

Major Cineplex Lifestyle Leasehold Property Fund BKK:MJLF +0.82% 51 Cyclically Adjusted PS Ratio is 3.69 as of Aug. 29, 2026, which is 26% below its 10-year median of 4.96. GuruFocus rates BKK:MJLF with a GF Score™ of 51/100 and a GF Value™ of ฿4.45. The stock has 6 warning signs investors should review.

As of today (2026-08-29), Major Cineplex Lifestyle Leasehold Property Fund's current share price is ฿4.94. Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was ฿1.34. Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PS Ratio for today is 3.69.

The historical rank and industry rank for Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:MJLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.31   Med: 4.96   Max: 10.24
Current: 3.68

During the past years, Major Cineplex Lifestyle Leasehold Property Fund's highest Cyclically Adjusted PS Ratio was 10.24. The lowest was 2.31. And the median was 4.96.

BKK:MJLF's Cyclically Adjusted PS Ratio is not ranked
in the REITs industry.
Industry Median: 5.755 vs BKK:MJLF: 3.68

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 Cineplex Lifestyle Leasehold Property Fund's adjusted revenue per share data for the three months ended in Sep. 2025 was ฿0.275. 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 ฿1.34 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Major Cineplex Lifestyle Leasehold Property Fund  (BKK:MJLF) 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 Cineplex Lifestyle Leasehold Property Fund Cyclically Adjusted PS Ratio Related Terms


Major Cineplex Lifestyle Leasehold Property Fund Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Major Cineplex Lifestyle Leasehold Property Fund'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.

Major Cineplex Lifestyle Leasehold Property Fund Cyclically Adjusted PS Ratio Chart

Major Cineplex Lifestyle Leasehold Property Fund 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 5.57 5.81 3.99 2.51 3.07

Major Cineplex Lifestyle Leasehold Property Fund Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 2.98 3.07 3.20 2.91 3.37

BKK:MJLF vs SPG, O, KIM: Cyclically Adjusted PS Ratio Comparison

For the REIT - Retail subindustry, Major Cineplex Lifestyle Leasehold Property Fund'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 Cineplex Lifestyle Leasehold Property Fund Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PS Ratio falls into.


BKK:MJLF
51GF Score
Major Cineplex Lifestyle Leasehold Property Fund BKK:MJLF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Major Cineplex Lifestyle Leasehold Property Fund 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 Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.94/1.34
=3.69

* 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 Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Major Cineplex Lifestyle Leasehold Property Fund's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=0.275/324.8000*324.8000
=0.275

Current CPI (Sep. 2025) = 324.8000.

Major Cineplex Lifestyle Leasehold Property Fund Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.360 236.525 0.494
201603 0.354 238.132 0.483
201606 0.362 241.018 0.488
201609 0.362 241.428 0.487
201612 0.362 241.432 0.487
201703 0.347 243.801 0.462
201706 0.333 244.955 0.442
201709 0.318 246.819 0.418
201712 0.309 246.524 0.407
201803 0.304 249.554 0.396
201806 0.299 251.989 0.385
201809 0.303 252.439 0.390
201812 0.308 251.233 0.398
201903 0.308 254.202 0.394
201906 0.309 256.143 0.392
201909 0.319 256.759 0.404
201912 0.317 256.974 0.401
202003 0.266 258.115 0.335
202006 0.217 257.797 0.273
202009 0.254 260.280 0.317
202012 0.151 260.474 0.188
202103 0.266 264.877 0.326
202106 0.236 271.696 0.282
202109 0.182 274.310 0.215
202112 0.222 278.802 0.259
202203 0.259 287.504 0.293
202206 0.262 296.311 0.287
202209 0.229 296.808 0.251
202212 0.222 296.797 0.243
202303 0.216 301.836 0.232
202306 0.234 305.109 0.249
202309 0.228 307.789 0.241
202312 0.267 306.746 0.283
202403 0.237 312.332 0.246
202406 0.246 314.175 0.254
202409 0.246 315.301 0.253
202412 0.266 315.605 0.274
202503 0.242 319.799 0.246
202506 0.266 322.561 0.268
202509 0.275 324.800 0.275

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 3.69 mean?
Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) has a Cyclically Adjusted PS Ratio of 3.69 as of Aug. 29, 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 Major Cineplex Lifestyle Leasehold Property Fund and its competitors. This is 26% below median its historical median of 4.96. Over the past decade, Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PS Ratio has ranged from 2.31 to 10.24.
Is Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PS Ratio too high?
Major Cineplex Lifestyle Leasehold Property Fund's current Cyclically Adjusted PS Ratio of 3.69 is 26% below median its 10-year median of 4.96. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 10.24. The REITs industry median Cyclically Adjusted PS Ratio is 5.76. Major Cineplex Lifestyle Leasehold Property Fund's value of 3.69 is 35.9% below this industry median. Overall, Major Cineplex Lifestyle Leasehold Property Fund has a GF Scoreâ„¢ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PS Ratio compare to SPG and O?
Major Cineplex Lifestyle Leasehold Property Fund's Cyclically Adjusted PS Ratio of 3.69 can be compared against companies in the REITs industry. The industry median Cyclically Adjusted PS Ratio is 5.76. Major Cineplex Lifestyle Leasehold Property Fund's value of 3.69 is 35.9% below this benchmark. Historically, Major Cineplex Lifestyle Leasehold Property Fund's own Cyclically Adjusted PS Ratio has ranged from 2.31 to 10.24 over the past decade. While the company's 10-year median is 4.96 vs. the industry median of 5.76, Major Cineplex Lifestyle Leasehold Property Fund has consistently been below 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.76, based on 540 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. Major Cineplex Lifestyle Leasehold Property Fund's current Cyclically Adjusted PS Ratio of 3.69 is 35.9% below 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 Major Cineplex Lifestyle Leasehold Property Fund and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Cineplex Lifestyle Leasehold Property Fund's current Cyclically Adjusted PS Ratio is 3.69, which is 26% below median its own 10-year median of 4.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Cineplex Lifestyle Leasehold Property Fund stock overvalued right now?
Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) has a current Cyclically Adjusted PS Ratio of 3.69. The stock's GF Value™ is ฿4.45, compared to a current price of ฿4.94 — trading 11% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.69, which is 26% below median its 10-year median of 4.96 and 35.9% below the REITs industry median of 5.76. Major Cineplex Lifestyle Leasehold Property Fund's overall GF Score™ is 51/100 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 Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF), the current Cyclically Adjusted PS Ratio is 3.69 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 Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) Overvalued in 2026?

Based on GuruFocus' analysis, Major Cineplex Lifestyle Leasehold Property Fund stock appears to be overvalued. The current stock price of ฿4.94 is trading 11% above its estimated GF Value™ of ฿4.45.

Key valuation signals for BKK:MJLF:

  • Cyclically Adjusted PS Ratio: 3.69 (26% below median its 10-year median of 4.96)
  • GF Value™: ฿4.45 vs. price of ฿4.94 (11% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 35.9% below the REITs median

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


Major Cineplex Lifestyle Leasehold Property Fund Business Description

Industry Real EstateREITs
Address 1839 Phaholyothin Road, Ladyao, Jatuchak, Bangkok, THA, 10900
Major Cineplex Lifestyle Leasehold Property Fund is a closed-end property fund. The fund operates in only one business segment which is the Investment in Property and the business is only operated in Thailand.
51GF Score

Get the complete analysis for BKK:MJLF

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

฿4.94
Price
฿4.45
GF Value