Areeya Property PCL (BKK:A) Cyclically Adjusted PS Ratio: 0.68 (As of Aug. 01, 2026) — 42% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BKK:A Areeya Property PCL BKK:A
21 GF Score
Price ฿2.78
GF Value ฿1.40
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Areeya Property PCL Cyclically Adjusted PS Ratio?

Areeya Property PCL BKK:A +2.21% 21 Cyclically Adjusted PS Ratio is 0.68 as of Aug. 01, 2026, which is 42% below its 10-year median of 1.17. GuruFocus rates BKK:A with a GF Score™ of 21/100 and a GF Value™ of ฿1.40 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,355 Real Estate companies, Areeya Property PCL ranks better than 74.32% on this metric.

As of today (2026-08-01), Areeya Property PCL's current share price is ฿2.78. Areeya Property PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿4.09. Areeya Property PCL's Cyclically Adjusted PS Ratio for today is 0.68.

The historical rank and industry rank for Areeya Property PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.17   Max: 1.8
Current: 0.66

During the past years, Areeya Property PCL's highest Cyclically Adjusted PS Ratio was 1.80. The lowest was 0.66. And the median was 1.17.

BKK:A's Cyclically Adjusted PS Ratio is ranked better than
74.32% of 1355 companies
in the Real Estate industry
Industry Median: 1.82 vs BKK:A: 0.66

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.

Areeya Property PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.127. 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 ฿4.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Areeya Property PCL  (BKK:A) 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.


Areeya Property PCL Cyclically Adjusted PS Ratio Related Terms


Areeya Property PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Areeya Property 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.

Areeya Property PCL Cyclically Adjusted PS Ratio Chart

Areeya Property 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 1.17 1.08 1.07 1.04 1.17

Areeya Property 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 1.02 1.06 1.11 1.17 1.18

Areeya Property PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Areeya Property 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.


Areeya Property PCL Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Areeya Property PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:A
21GF Score
Areeya Property PCL BKK:A
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Areeya Property 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.

Areeya Property PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.78/4.09
=0.68

* 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.

Areeya Property PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Areeya Property 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)
=0.127/330.2130*330.2130
=0.127

Current CPI (Mar. 2026) = 330.2130.

Areeya Property PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.241 241.018 1.700
201609 1.262 241.428 1.726
201612 1.082 241.432 1.480
201703 1.155 243.801 1.564
201706 1.095 244.955 1.476
201709 1.419 246.819 1.898
201712 1.391 246.524 1.863
201803 1.069 249.554 1.415
201806 0.972 251.989 1.274
201809 1.039 252.439 1.359
201812 0.929 251.233 1.221
201903 0.831 254.202 1.079
201906 0.794 256.143 1.024
201909 0.691 256.759 0.889
201912 0.612 256.974 0.786
202003 0.896 258.115 1.146
202006 1.074 257.797 1.376
202009 3.035 260.280 3.850
202012 0.750 260.474 0.951
202103 0.933 264.877 1.163
202106 0.771 271.696 0.937
202109 0.686 274.310 0.826
202112 0.843 278.802 0.998
202203 0.976 287.504 1.121
202206 0.902 296.311 1.005
202209 0.707 296.808 0.787
202212 0.723 296.797 0.804
202303 0.658 301.836 0.720
202306 0.591 305.109 0.640
202309 0.916 307.789 0.983
202312 0.528 306.746 0.568
202403 0.377 312.332 0.399
202406 0.502 314.175 0.528
202409 0.279 315.301 0.292
202412 0.222 315.605 0.232
202503 0.295 319.799 0.305
202506 0.222 322.561 0.227
202509 0.085 324.800 0.086
202512 0.084 324.054 0.086
202603 0.127 330.213 0.127

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 0.68 mean?
Areeya Property PCL (BKK:A) has a Cyclically Adjusted PS Ratio of 0.68 as of Aug. 01, 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 Areeya Property PCL and its competitors. This is 42% below median its historical median of 1.17. Over the past decade, Areeya Property PCL's Cyclically Adjusted PS Ratio has ranged from 0.66 to 1.80. According to the industry distribution chart, Areeya Property PCL ranks #348 out of 1355 companies in the Real Estate industry, placing it in the top 25.7%.
Is Areeya Property PCL's Cyclically Adjusted PS Ratio too high?
Areeya Property PCL's current Cyclically Adjusted PS Ratio of 0.68 is 42% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.80. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. Areeya Property PCL's value of 0.68 is 62.6% below this industry median. Based on the distribution chart, Areeya Property PCL ranks #348 out of 1355 companies in the Real Estate industry, which is above the industry midpoint. Overall, Areeya Property PCL has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Areeya Property PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Areeya Property PCL ranks #348 out of 1355 companies for Cyclically Adjusted PS Ratio. This puts Areeya Property PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Areeya Property PCL's value of 0.68 is 62.6% below this benchmark. Historically, Areeya Property PCL's own Cyclically Adjusted PS Ratio has ranged from 0.66 to 1.80 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.82, Areeya Property 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 1,355 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. Areeya Property PCL's current Cyclically Adjusted PS Ratio of 0.68 is 62.6% 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 Areeya Property 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. Areeya Property PCL's current Cyclically Adjusted PS Ratio is 0.68, which is 42% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Areeya Property PCL stock overvalued right now?
Based on GuruFocus' analysis, Areeya Property PCL (BKK:A) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.40, compared to a current price of ฿2.78 — trading 98.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.68, which is 42% below median its 10-year median of 1.17 and 62.6% below the Real Estate industry median of 1.82. Areeya Property PCL's overall GF Score™ is 21/100 with 8 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 Areeya Property PCL (BKK:A), the current Cyclically Adjusted PS Ratio is 0.68 as of Aug. 01, 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 Areeya Property PCL (BKK:A) Overvalued in 2026?

Based on GuruFocus' analysis, Areeya Property PCL stock appears to be overvalued. The current stock price of ฿2.78 is trading 98.6% above its estimated GF Value™ of ฿1.40. GuruFocus considers Areeya Property PCL to be Significantly Overvalued.

Key valuation signals for BKK:A:

  • Cyclically Adjusted PS Ratio: 0.68 (42% below median its 10-year median of 1.17)
  • GF Value™: ฿1.40 vs. price of ฿2.78 (98.6% above fair value)
  • GF Score™: 21/100 with 8 warning signs
  • Industry Position: 62.6% below the Real Estate median (#348 of 1355)

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


Areeya Property PCL Business Description

Address 999 Praditmanutham Road, Kwaeng Saphansong, Khet Wangthonglang, Bangkok, THA, 10310
Areeya Property PCL is a real estate company. The company is engaged in the development of real estate projects, with all projects operated under the name of Areeya. Its projects include single houses, village towns, townhomes, home offices, and condominiums. The company operates solely in Thailand.
21GF Score

Get the complete analysis for BKK:A

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

฿2.78
Price
฿1.40
GF Value