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Major Development PCL's quarterly market cap
declined
from Sep. 2025 (฿396 Mil) to Dec. 2025 (฿293 Mil) but then
stayed the same
from Dec. 2025 (฿293 Mil) to Mar. 2026 (฿293 Mil).
Major Development PCL's annual market cap
declined
from Dec. 2023 (฿1,205 Mil) to Dec. 2024 (฿843 Mil) and
declined
from Dec. 2024 (฿843 Mil) to Dec. 2025 (฿293 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Major Development PCL's Enterprise Value for Today is ฿10,607 Mil.
Major Development PCL (BKK:MJD) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
* 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 Market Cap Competitor Comparison
For the Real Estate - Development subindustry, Major Development PCL's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Major Development PCL's Market Cap distribution charts can be found below:
* The bar in red indicates where Major Development PCL's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Major Development PCL's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (BKK:MJD) has a Market Cap of ฿275 Mil as of Jul. 15, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Major Development PCL and its competitors. According to the industry distribution chart, Major Development PCL ranks #1631 out of 1847 companies in the Real Estate industry, placing it in the top 88.3%.
Is Major Development PCL's Market Cap too high?
Major Development PCL's current Market Cap is ฿275 Mil. Based on the distribution chart, Major Development PCL ranks #1631 out of 1847 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Major Development PCL has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Major Development PCL's Market Cap compare to competitors?
According to the Real Estate industry distribution chart, Major Development PCL ranks #1631 out of 1847 companies for Market Cap. This places Major Development PCL in the lower half of its industry. The industry median Market Cap is 107.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Real Estate company?
The median Market Cap among Real Estate companies is 107.36, based on 1,847 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Major Development PCL and its competitors. For the Real Estate industry, the median Market Cap is 107.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Development PCL's current Market Cap is ฿275 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Major Development PCL (BKK:MJD) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.03, compared to a current price of ฿0.32 — trading 68.9% below its estimated fair value. The current Market Cap is ฿275 Mil. Major Development PCL's overall GF Score™ is 39/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Major Development PCL (BKK:MJD), the current Market Cap is ฿275 Mil as of Jul. 15, 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 Development PCL (BKK:MJD) Overvalued in 2026?
Based on GuruFocus' analysis, Major Development PCL stock appears to be undervalued.
The current stock price of ฿0.32 is trading 68.9% below its estimated GF Value™ of ฿1.03.
GuruFocus considers Major Development PCL to be Possible Value Trap.
Key valuation signals for BKK:MJD:
Market Cap: ฿275 Mil
GF Value™: ฿1.03 vs. price of ฿0.32 (68.9% below fair value)
No single metric tells the full story. See the BKK:MJD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 mainly operates in Thailand.
39GF Score
Get the complete analysis for BKK:MJD
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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