M.K. Real Estate Development PCL (BKK:MK-R) Cyclically Adjusted PS Ratio: 0.17 (As of Jul. 03, 2026) — 80% Below Median


BKK:MK-R M.K. Real Estate Development PCL BKK:MK-R
5 GF Score
Price ฿2.76
GF Value ฿3.66
! 7 Warning Signs
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What is M.K. Real Estate Development PCL Cyclically Adjusted PS Ratio?

M.K. Real Estate Development PCL BKK:MK-R 5 Cyclically Adjusted PS Ratio is 0.17 as of Jul. 03, 2026, which is 80% below its 10-year median of 0.87. GuruFocus rates BKK:MK-R with a GF Score™ of 5/100 and a GF Value™ of ฿3.66. The stock has 7 warning signs investors should review. Among 1,358 Real Estate companies, M.K. Real Estate Development PCL ranks better than 91.09% on this metric.

As of today (2026-07-03), M.K. Real Estate Development PCL's current share price is ฿2.755. M.K. Real Estate Development PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿16.31. M.K. Real Estate Development PCL's Cyclically Adjusted PS Ratio for today is 0.17.

The historical rank and industry rank for M.K. Real Estate Development PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:MK-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.87   Max: 1.48
Current: 0.18

During the past years, M.K. Real Estate Development PCL's highest Cyclically Adjusted PS Ratio was 1.48. The lowest was 0.15. And the median was 0.87.

BKK:MK-R's Cyclically Adjusted PS Ratio is ranked better than
91.09% of 1358 companies
in the Real Estate industry
Industry Median: 1.82 vs BKK:MK-R: 0.18

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.

M.K. Real Estate Development PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.134. 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 ฿16.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


M.K. Real Estate Development PCL  (BKK:MK-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.


M.K. Real Estate Development PCL Cyclically Adjusted PS Ratio Related Terms


M.K. Real Estate Development PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for M.K. Real Estate 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.

M.K. Real Estate Development PCL Cyclically Adjusted PS Ratio Chart

M.K. Real Estate Development 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 0.94 0.80 0.62 0.46 0.20

M.K. Real Estate Development 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 0.42 0.30 0.25 0.20 0.17

M.K. Real Estate Development PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, M.K. Real Estate 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.


M.K. Real Estate Development PCL Cyclically Adjusted PS Ratio vs Real Estate Industry

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

* The bar in red indicates where M.K. Real Estate Development PCL's Cyclically Adjusted PS Ratio falls into.


BKK:MK-R
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M.K. Real Estate Development PCL BKK:MK-R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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M.K. Real Estate 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.

M.K. Real Estate Development PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.755/16.31
=0.17

* 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.

M.K. Real Estate Development PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, M.K. Real Estate Development 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)
=0.134/330.2130*330.2130
=0.134

Current CPI (Mar. 2026) = 330.2130.

M.K. Real Estate Development PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.594 241.018 0.814
201609 0.630 241.428 0.862
201612 0.836 241.432 1.143
201703 0.579 243.801 0.784
201706 0.600 244.955 0.809
201709 0.580 246.819 0.776
201712 0.965 246.524 1.293
201803 1.119 249.554 1.481
201806 1.184 251.989 1.552
201809 0.651 252.439 0.852
201812 1.088 251.233 1.430
201903 1.597 254.202 2.075
201906 0.933 256.143 1.203
201909 0.668 256.759 0.859
201912 0.747 256.974 0.960
202003 0.570 258.115 0.729
202006 0.752 257.797 0.963
202009 0.911 260.280 1.156
202012 0.433 260.474 0.549
202103 0.508 264.877 0.633
202106 0.476 271.696 0.579
202109 0.699 274.310 0.841
202112 0.930 278.802 1.101
202203 0.394 287.504 0.453
202206 0.398 296.311 0.444
202209 0.902 296.808 1.004
202212 0.356 296.797 0.396
202303 0.375 301.836 0.410
202306 0.755 305.109 0.817
202309 0.623 307.789 0.668
202312 0.266 306.746 0.286
202403 0.316 312.332 0.334
202406 0.306 314.175 0.322
202409 0.262 315.301 0.274
202412 0.346 315.605 0.362
202503 0.216 319.799 0.223
202506 0.264 322.561 0.270
202509 0.157 324.800 0.160
202512 0.199 324.054 0.203
202603 0.134 330.213 0.134

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 0.17 mean?
M.K. Real Estate Development PCL (BKK:MK-R) has a Cyclically Adjusted PS Ratio of 0.17 as of Jul. 03, 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 M.K. Real Estate Development PCL and its competitors. This is 80% below median its historical median of 0.87. Over the past decade, M.K. Real Estate Development PCL's Cyclically Adjusted PS Ratio has ranged from 0.15 to 1.48. According to the industry distribution chart, M.K. Real Estate Development PCL ranks #121 out of 1358 companies in the Real Estate industry, placing it in the top 8.9%.
Is M.K. Real Estate Development PCL's Cyclically Adjusted PS Ratio too high?
M.K. Real Estate Development PCL's current Cyclically Adjusted PS Ratio of 0.17 is 80% below median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.48. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. M.K. Real Estate Development PCL's value of 0.17 is 90.7% below this industry median. Based on the distribution chart, M.K. Real Estate Development PCL ranks #121 out of 1358 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, M.K. Real Estate Development PCL has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does M.K. Real Estate Development PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, M.K. Real Estate Development PCL ranks #121 out of 1358 companies for Cyclically Adjusted PS Ratio. This places M.K. Real Estate Development PCL in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.82. M.K. Real Estate Development PCL's value of 0.17 is 90.7% below this benchmark. Historically, M.K. Real Estate Development PCL's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 1.48 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.82, M.K. Real Estate Development PCL 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.82, based on 1,358 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. M.K. Real Estate Development PCL's current Cyclically Adjusted PS Ratio of 0.17 is 90.7% 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 M.K. Real Estate Development 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. M.K. Real Estate Development PCL's current Cyclically Adjusted PS Ratio is 0.17, which is 80% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.K. Real Estate Development PCL stock overvalued right now?
M.K. Real Estate Development PCL (BKK:MK-R) has a current Cyclically Adjusted PS Ratio of 0.17. The stock's GF Value™ is ฿3.66, compared to a current price of ฿2.76 — trading 24.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.17, which is 80% below median its 10-year median of 0.87 and 90.7% below the Real Estate industry median of 1.82. M.K. Real Estate Development PCL's overall GF Score™ is 5/100 with 7 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 M.K. Real Estate Development PCL (BKK:MK-R), the current Cyclically Adjusted PS Ratio is 0.17 as of Jul. 03, 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 M.K. Real Estate Development PCL (BKK:MK-R) Overvalued in 2026?

Based on GuruFocus' analysis, M.K. Real Estate Development PCL stock appears to be undervalued. The current stock price of ฿2.76 is trading 24.7% below its estimated GF Value™ of ฿3.66.

Key valuation signals for BKK:MK-R:

  • Cyclically Adjusted PS Ratio: 0.17 (80% below median its 10-year median of 0.87)
  • GF Value™: ฿3.66 vs. price of ฿2.76 (24.7% below fair value)
  • GF Score™: 5/100 with 7 warning signs
  • Industry Position: 90.7% below the Real Estate median (#121 of 1358)

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


M.K. Real Estate Development PCL Business Description

Other Exchanges MK:Thailand
Address No. 345, Surawong Road, 6th - 8th Floor, 345 Surawong Building, Suriyawong Sub-District, Bangrak District, Bangkok, THA, 10500
M.K. Real Estate Development PCL is a Thailand-based real estate developer. The principal activities of the Group are property development for sale including land, land and house, construction for the Company's own projects, land and building rental, and a health and wellness center. The group has four reportable segments: Real estate; Rental warehouse, factory, and others; Property management; Health and wellness center. The majority of revenue is from rental warehouses, factory, and others. The Group is mainly managed and operates principally in Thailand. There are no revenues derived from foreign countries.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.76
Price
฿3.66
GF Value