Absolute Clean Energy PCL (BKK:ACE) Cyclically Adjusted PS Ratio: 2.03 (As of Jul. 15, 2026) — Near Median

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BKK:ACE Absolute Clean Energy PCL BKK:ACE
77 GF Score
Price ฿1.30
GF Value ฿1.38
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Absolute Clean Energy PCL Cyclically Adjusted PS Ratio?

Absolute Clean Energy PCL BKK:ACE +0.78% 77 Cyclically Adjusted PS Ratio is 2.03 as of Jul. 15, 2026, which is 7% below its 10-year median of 2.19. GuruFocus rates BKK:ACE with a GF Score™ of 77/100 and a GF Value™ of ฿1.38 (Fairly Valued). The stock has 6 warning signs investors should review. Among 269 Utilities - Independent Power Producers companies, Absolute Clean Energy PCL ranks worse than 55.76% on this metric.

As of today (2026-07-15), Absolute Clean Energy PCL's current share price is ฿1.30. Absolute Clean Energy PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ฿0.64. Absolute Clean Energy PCL's Cyclically Adjusted PS Ratio for today is 2.03.

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

BKK:ACE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.98   Med: 2.19   Max: 3.06
Current: 2.01

During the past 12 years, Absolute Clean Energy PCL's highest Cyclically Adjusted PS Ratio was 3.06. The lowest was 1.98. And the median was 2.19.

BKK:ACE's Cyclically Adjusted PS Ratio is ranked worse than
55.76% of 269 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.64 vs BKK:ACE: 2.01

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.

Absolute Clean Energy PCL's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ฿0.661. 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 ฿0.64 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Absolute Clean Energy PCL  (BKK:ACE) 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.


Absolute Clean Energy PCL Cyclically Adjusted PS Ratio Related Terms


Absolute Clean Energy PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Absolute Clean Energy 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.

Absolute Clean Energy PCL Cyclically Adjusted PS Ratio Chart

Absolute Clean Energy 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 0.00 0.00 2.88 2.30 2.04

Absolute Clean Energy 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 0.00 0.00 0.00 2.04 0.00

Absolute Clean Energy PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Absolute Clean Energy 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.


Absolute Clean Energy PCL Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Absolute Clean Energy PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Absolute Clean Energy PCL's Cyclically Adjusted PS Ratio falls into.


BKK:ACE
77GF Score
Absolute Clean Energy PCL BKK:ACE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Absolute Clean Energy 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.

Absolute Clean Energy PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.30/0.64
=2.03

* 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.

Absolute Clean Energy PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Absolute Clean Energy PCL's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.661/324.0540*324.0540
=0.661

Current CPI (Dec25) = 324.0540.

Absolute Clean Energy PCL Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.235 241.432 0.315
201712 0.463 246.524 0.609
201812 0.528 251.233 0.681
201912 0.543 256.974 0.685
202012 0.576 260.474 0.717
202112 0.563 278.802 0.654
202212 0.680 296.797 0.742
202312 0.653 306.746 0.690
202412 0.640 315.605 0.657
202512 0.661 324.054 0.661

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 2.03 mean?
Absolute Clean Energy PCL (BKK:ACE) has a Cyclically Adjusted PS Ratio of 2.03 as of Jul. 15, 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 Absolute Clean Energy PCL and its competitors. This is near median its historical median of 2.19. Over the past decade, Absolute Clean Energy PCL's Cyclically Adjusted PS Ratio has ranged from 1.98 to 3.06. According to the industry distribution chart, Absolute Clean Energy PCL ranks #150 out of 269 companies in the Utilities - Independent Power Producers industry, placing it in the top 55.8%.
Is Absolute Clean Energy PCL's Cyclically Adjusted PS Ratio too high?
Absolute Clean Energy PCL's current Cyclically Adjusted PS Ratio of 2.03 is near median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 3.06. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.64. Absolute Clean Energy PCL's value of 2.03 is 23.8% above this industry median. Based on the distribution chart, Absolute Clean Energy PCL ranks #150 out of 269 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Absolute Clean Energy PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Absolute Clean Energy PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Absolute Clean Energy PCL ranks #150 out of 269 companies for Cyclically Adjusted PS Ratio. This places Absolute Clean Energy PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.64. Absolute Clean Energy PCL's value of 2.03 is 23.8% above this benchmark. Historically, Absolute Clean Energy PCL's own Cyclically Adjusted PS Ratio has ranged from 1.98 to 3.06 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 1.64, Absolute Clean Energy PCL 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.64, based on 269 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. Absolute Clean Energy PCL's current Cyclically Adjusted PS Ratio of 2.03 is 23.8% 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 Absolute Clean Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Absolute Clean Energy PCL's current Cyclically Adjusted PS Ratio is 2.03, which is near median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolute Clean Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Absolute Clean Energy PCL (BKK:ACE) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.30 — trading 5.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.03, which is near median its 10-year median of 2.19 and 23.8% above the Utilities - Independent Power Producers industry median of 1.64. Absolute Clean Energy PCL's overall GF Score™ is 77/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Absolute Clean Energy PCL (BKK:ACE), the current Cyclically Adjusted PS Ratio is 2.03 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 Absolute Clean Energy PCL (BKK:ACE) Overvalued in 2026?

Based on GuruFocus' analysis, Absolute Clean Energy PCL stock appears to be undervalued. The current stock price of ฿1.30 is trading 5.8% below its estimated GF Value™ of ฿1.38. GuruFocus considers Absolute Clean Energy PCL to be Fairly Valued.

Key valuation signals for BKK:ACE:

  • Cyclically Adjusted PS Ratio: 2.03 (near median its 10-year median of 2.19)
  • GF Value™: ฿1.38 vs. price of ฿1.30 (5.8% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 23.8% above the Utilities - Independent Power Producers median (#150 of 269)

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


Absolute Clean Energy PCL Business Description

Other Exchanges ACE-F:Thailand
Address Silom Road, 140/6 ITF Tower, 7th Floor, Suriyawong, Bang Rak District, Bangkok, THA, 10500
Absolute Clean Energy PCL operates biomass, municipal solid waste, natural gas, and solar energy power plants. The company operates in four reportable segments: biomass, natural gas, municipal solid waste, and solar energy power plants. The company operates only in Thailand. It generates the majority of its revenue from the Biomass power plants segment.
77GF Score

Get the complete analysis for BKK:ACE

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

฿1.30
Price
฿1.38
GF Value