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Mfc-Nichada Thani Property FundBKK:MNIT +0.52%79 Cyclically Adjusted PS Ratio is 8.48 as of Jul. 28, 2026, which is 7% below its 10-year median of 9.07. GuruFocus rates BKK:MNIT with a GF Score™ of 79/100 and a GF Value™ of ฿2.43 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 546 REITs companies, Mfc-Nichada Thani Property Fund ranks worse than 70.7% on this metric.
The historical rank and industry rank for Mfc-Nichada Thani Property Fund's Cyclically Adjusted PS Ratio or its related term are showing as below:
BKK:MNIT'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.04 Med: 9.07 Max: 10.95
Current: 8.39
During the past years, Mfc-Nichada Thani Property Fund's highest Cyclically Adjusted PS Ratio was 10.95. The lowest was 8.04. And the median was 9.07.
BKK:MNIT's Cyclically Adjusted PS Ratio is ranked worse than 70.7% of 546
companies
in the REITs industry
Industry Median: 5.845
vs BKK:MNIT: 8.39
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.
Mfc-Nichada Thani Property Fund's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.062. 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 ฿0.23 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Mfc-Nichada Thani Property Fund (BKK:MNIT) 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.
Mfc-Nichada Thani Property Fund Cyclically Adjusted PS Ratio Related Terms
Mfc-Nichada Thani Property Fund Cyclically Adjusted PS Ratio Historical Data
* 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.
Mfc-Nichada Thani Property Fund Cyclically Adjusted PS Ratio Chart
BKK:MNIT vs AVB, EQR, ESS: Cyclically Adjusted PS Ratio Comparison
For the REIT - Residential subindustry, Mfc-Nichada Thani 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.
Mfc-Nichada Thani Property Fund Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Mfc-Nichada Thani Property Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Mfc-Nichada Thani Property Fund's Cyclically Adjusted PS Ratio falls into.
Mfc-Nichada Thani 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.
* 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.
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 8.48 mean?
Mfc-Nichada Thani Property Fund (BKK:MNIT) has a Cyclically Adjusted PS Ratio of 8.48 as of Jul. 28, 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 Mfc-Nichada Thani Property Fund and its competitors. This is near median its historical median of 9.07. Over the past decade, Mfc-Nichada Thani Property Fund's Cyclically Adjusted PS Ratio has ranged from 8.04 to 10.95. According to the industry distribution chart, Mfc-Nichada Thani Property Fund ranks #386 out of 546 companies in the REITs industry, placing it in the top 70.7%.
Is Mfc-Nichada Thani Property Fund's Cyclically Adjusted PS Ratio too high?
Mfc-Nichada Thani Property Fund's current Cyclically Adjusted PS Ratio of 8.48 is near median its 10-year median of 9.07. Over the past 10 years, this metric has ranged from a low of 8.04 to a high of 10.95. The REITs industry median Cyclically Adjusted PS Ratio is 5.85. Mfc-Nichada Thani Property Fund's value of 8.48 is 45.1% above this industry median. Based on the distribution chart, Mfc-Nichada Thani Property Fund ranks #386 out of 546 companies in the REITs industry, which is below the industry midpoint. Overall, Mfc-Nichada Thani Property Fund has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mfc-Nichada Thani Property Fund's Cyclically Adjusted PS Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, Mfc-Nichada Thani Property Fund ranks #386 out of 546 companies for Cyclically Adjusted PS Ratio. This places Mfc-Nichada Thani Property Fund in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.85. Mfc-Nichada Thani Property Fund's value of 8.48 is 45.1% above this benchmark. Historically, Mfc-Nichada Thani Property Fund's own Cyclically Adjusted PS Ratio has ranged from 8.04 to 10.95 over the past decade. While the company's 10-year median is 9.07 vs. the industry median of 5.85, Mfc-Nichada Thani Property Fund 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.85, based on 546 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. Mfc-Nichada Thani Property Fund's current Cyclically Adjusted PS Ratio of 8.48 is 45.1% 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 Mfc-Nichada Thani Property Fund and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mfc-Nichada Thani Property Fund's current Cyclically Adjusted PS Ratio is 8.48, which is near median its own 10-year median of 9.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mfc-Nichada Thani Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Mfc-Nichada Thani Property Fund (BKK:MNIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.43, compared to a current price of ฿1.95 — trading 19.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.48, which is near median its 10-year median of 9.07 and 45.1% above the REITs industry median of 5.85. Mfc-Nichada Thani Property Fund's overall GF Score™ is 79/100 with 2 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 Mfc-Nichada Thani Property Fund (BKK:MNIT), the current Cyclically Adjusted PS Ratio is 8.48 as of Jul. 28, 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 Mfc-Nichada Thani Property Fund (BKK:MNIT) Overvalued in 2026?
Based on GuruFocus' analysis, Mfc-Nichada Thani Property Fund stock appears to be undervalued.
The current stock price of ฿1.95 is trading 19.8% below its estimated GF Value™ of ฿2.43.
GuruFocus considers Mfc-Nichada Thani Property Fund to be Modestly Undervalued.
Key valuation signals for BKK:MNIT:
Cyclically Adjusted PS Ratio: 8.48 (near median its 10-year median of 9.07)
GF Value™: ฿2.43 vs. price of ฿1.95 (19.8% below fair value)
Industry Position: 45.1% above the REITs median (#386 of 546)
No single metric tells the full story. See the BKK:MNIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mfc-Nichada Thani Property Fund Business Description
Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand.
79GF Score
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