Major Development PCL (BKK:MJD-R) Shiller PE Ratio: (As of Sep. 05, 2026)

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BKK:MJD-R Major Development PCL BKK:MJD-R
20 GF Score
Price ฿0.32
GF Value ฿0.78
! 3 Warning Signs
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What is Major Development PCL Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Major Development PCL  (BKK:MJD-R) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Major Development PCL Shiller PE Ratio Related Terms


Major Development PCL Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Major Development PCL's Shiller PE 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 Development PCL Shiller PE Ratio Chart

Major Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.27 6.49 5.53 8.21 0.00

Major Development PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 5.62 15.00 0.00 0.00 0.00

Major Development PCL Shiller PE Ratio Competitor Comparison

For the Real Estate - Development subindustry, Major Development PCL's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Development PCL Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Major Development PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Major Development PCL's Shiller PE Ratio falls into.


BKK:MJD-R
20GF Score
Major Development PCL BKK:MJD-R
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Development PCL Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Major Development PCL's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Major Development PCL's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.01/333.9520*333.9520
=-0.010

Current CPI (Jun. 2026) = 333.9520.

Major Development PCL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.091 241.428 0.126
201612 0.008 241.432 0.011
201703 -0.120 243.801 -0.164
201706 -0.100 244.955 -0.136
201709 -0.220 246.819 -0.298
201712 0.224 246.524 0.303
201803 0.140 249.554 0.187
201806 0.460 251.989 0.610
201809 0.200 252.439 0.265
201812 0.472 251.233 0.627
201903 0.180 254.202 0.236
201906 -0.020 256.143 -0.026
201909 0.230 256.759 0.299
201912 -0.020 256.974 -0.026
202003 0.230 258.115 0.298
202006 -0.090 257.797 -0.117
202009 -0.010 260.280 -0.013
202012 0.100 260.474 0.128
202103 -0.030 264.877 -0.038
202106 -0.150 271.696 -0.184
202109 -0.090 274.310 -0.110
202112 -0.134 278.802 -0.161
202203 -0.060 287.504 -0.070
202206 -0.150 296.311 -0.169
202209 -0.160 296.808 -0.180
202212 -0.061 296.797 -0.069
202303 -0.090 301.836 -0.100
202306 -0.090 305.109 -0.099
202309 -0.130 307.789 -0.141
202312 -0.075 306.746 -0.082
202403 -0.080 312.332 -0.086
202406 -0.130 314.175 -0.138
202409 -0.180 315.301 -0.191
202412 0.040 315.605 0.042
202503 -0.120 319.799 -0.125
202506 -0.300 322.561 -0.311
202509 -0.430 324.800 -0.442
202512 -1.602 324.054 -1.651
202603 -0.080 330.213 -0.081
202606 -0.010 333.952 -0.010

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Is Major Development PCL (BKK:MJD-R) Overvalued in 2026?

Based on GuruFocus' analysis, Major Development PCL stock appears to be undervalued. The current stock price of ฿0.32 is trading 59% below its estimated GF Value™ of ฿0.78.

Key valuation signals for BKK:MJD-R:

  • Shiller PE Ratio:
  • GF Value™: ฿0.78 vs. price of ฿0.32 (59% below fair value)
  • GF Score™: 20/100 with 3 warning signs

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


Major Development PCL Business Description

Other Exchanges MJD:Thailand
Address Sukhumvit Road, 141 Soi Sukhumvit 63 (Ekamai), 16th Floor, Klongton Nua, Wattana, Bangkok, THA, 10110
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.
20GF Score

Get the complete analysis for BKK:MJD-R

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

฿0.32
Price
฿0.78
GF Value