Modernform Group PCL (BKK:MODERN) Cyclically Adjusted Revenue per Share: ฿4.41 (As of Mar. 2026)

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BKK:MODERN Modernform Group PCL BKK:MODERN
62 GF Score
Price ฿2.04
GF Value ฿2.06
Valuation Fairly Valued
! 6 Warning Signs
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What is Modernform Group PCL Cyclically Adjusted Revenue per Share?

Modernform Group PCL BKK:MODERN 62 Cyclically Adjusted Revenue per Share is ฿4.41 as of Mar. 2026. GuruFocus rates BKK:MODERN with a GF Score™ of 62/100 and a GF Value™ of ฿2.06 (Fairly Valued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Modernform Group PCL's adjusted revenue per share for the three months ended in Mar. 2026 was ฿0.617. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ฿4.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Modernform Group PCL's average Cyclically Adjusted Revenue Growth Rate was -5.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Modernform Group PCL was 1.20% per year. The lowest was -3.90% per year. And the median was -0.65% per year.

As of today (2026-07-16), Modernform Group PCL's current stock price is ฿2.04. Modernform Group PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿4.41. Modernform Group PCL's Cyclically Adjusted PS Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Modernform Group PCL was 1.23. The lowest was 0.38. And the median was 0.58.


Modernform Group PCL  (BKK:MODERN) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Modernform Group PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.04/4.41
=0.46

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Modernform Group PCL was 1.23. The lowest was 0.38. And the median was 0.58.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Modernform Group PCL Cyclically Adjusted Revenue per Share Related Terms


Modernform Group PCL Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Modernform Group PCL's Cyclically Adjusted Revenue per Share 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.

Modernform Group PCL Cyclically Adjusted Revenue per Share Chart

Modernform Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.91 4.97 4.86 4.68 4.41

Modernform Group 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 Revenue per Share 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 4.65 4.60 4.51 4.41 4.41

BKK:MODERN vs SN, SGI, MHK: Cyclically Adjusted Revenue per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.


Modernform Group PCL Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:MODERN
62GF Score
Modernform Group PCL BKK:MODERN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modernform Group PCL Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Modernform Group 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)
=0.617/330.2130*330.2130
=0.617

Current CPI (Mar. 2026) = 330.2130.

Modernform Group PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.941 241.018 1.289
201609 1.091 241.428 1.492
201612 1.187 241.432 1.623
201703 0.898 243.801 1.216
201706 0.888 244.955 1.197
201709 1.141 246.819 1.527
201712 1.182 246.524 1.583
201803 0.859 249.554 1.137
201806 1.047 251.989 1.372
201809 1.113 252.439 1.456
201812 1.387 251.233 1.823
201903 0.846 254.202 1.099
201906 0.923 256.143 1.190
201909 1.198 256.759 1.541
201912 1.179 256.974 1.515
202003 1.010 258.115 1.292
202006 0.923 257.797 1.182
202009 1.064 260.280 1.350
202012 0.912 260.474 1.156
202103 0.751 264.877 0.936
202106 0.776 271.696 0.943
202109 0.770 274.310 0.927
202112 0.889 278.802 1.053
202203 0.727 287.504 0.835
202206 0.632 296.311 0.704
202209 0.802 296.808 0.892
202212 0.789 296.797 0.878
202303 0.673 301.836 0.736
202306 0.840 305.109 0.909
202309 0.954 307.789 1.024
202312 0.838 306.746 0.902
202403 0.609 312.332 0.644
202406 0.834 314.175 0.877
202409 0.917 315.301 0.960
202412 1.084 315.605 1.134
202503 0.632 319.799 0.653
202506 0.754 322.561 0.772
202509 0.727 324.800 0.739
202512 0.875 324.054 0.892
202603 0.617 330.213 0.617

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of ฿4.41 mean?
Modernform Group PCL (BKK:MODERN) has a Cyclically Adjusted Revenue per Share of ฿4.41 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Modernform Group PCL and its competitors.
Is Modernform Group PCL's Cyclically Adjusted Revenue per Share too high?
Modernform Group PCL's current Cyclically Adjusted Revenue per Share is ฿4.41. Overall, Modernform Group PCL has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Modernform Group PCL's Cyclically Adjusted Revenue per Share compare to SN and SGI?
Modernform Group PCL's Cyclically Adjusted Revenue per Share of ฿4.41 can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Revenue per Share depends on the Furnishings, Fixtures & Appliances industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Modernform Group PCL and its competitors. Modernform Group PCL's current Cyclically Adjusted Revenue per Share is ฿4.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modernform Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Modernform Group PCL (BKK:MODERN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.06, compared to a current price of ฿2.04 — trading 1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ฿4.41. Modernform Group PCL's overall GF Score™ is 62/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Modernform Group PCL (BKK:MODERN), the current Cyclically Adjusted Revenue per Share is ฿4.41 as of Mar. 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 Modernform Group PCL (BKK:MODERN) Overvalued in 2026?

Based on GuruFocus' analysis, Modernform Group PCL stock appears to be undervalued. The current stock price of ฿2.04 is trading 1% below its estimated GF Value™ of ฿2.06. GuruFocus considers Modernform Group PCL to be Fairly Valued.

Key valuation signals for BKK:MODERN:

  • Cyclically Adjusted Revenue per Share: ฿4.41
  • GF Value™: ฿2.06 vs. price of ฿2.04 (1% below fair value)
  • GF Score™: 62/100 with 6 warning signs

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


Modernform Group PCL Business Description

Address 699 Srinakarindr Road, Modernform Tower, 1st - 4th Floor, Phatthanakan, Suan Luang, Bangkok, THA, 10250
Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.
62GF Score

Get the complete analysis for BKK:MODERN

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

฿2.04
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฿2.06
GF Value