Aapico Hitech PCL (BKK:AH) Cyclically Adjusted PS Ratio: 0.22 (As of Jul. 29, 2026) — 42% Below Median

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BKK:AH Aapico Hitech PCL BKK:AH
83 GF Score
Price ฿15.50
GF Value ฿15.90
Valuation Fairly Valued
! 4 Warning Signs
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What is Aapico Hitech PCL Cyclically Adjusted PS Ratio?

Aapico Hitech PCL BKK:AH +0.65% 83 Cyclically Adjusted PS Ratio is 0.22 as of Jul. 29, 2026, which is 42% below its 10-year median of 0.38. GuruFocus rates BKK:AH with a GF Score™ of 83/100 and a GF Value™ of ฿15.90 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,042 Vehicles & Parts companies, Aapico Hitech PCL ranks better than 78.5% on this metric.

As of today (2026-07-29), Aapico Hitech PCL's current share price is ฿15.50. Aapico Hitech PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿71.41. Aapico Hitech PCL's Cyclically Adjusted PS Ratio for today is 0.22.

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

BKK:AH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.38   Max: 0.83
Current: 0.22

During the past years, Aapico Hitech PCL's highest Cyclically Adjusted PS Ratio was 0.83. The lowest was 0.13. And the median was 0.38.

BKK:AH's Cyclically Adjusted PS Ratio is ranked better than
78.5% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.73 vs BKK:AH: 0.22

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.

Aapico Hitech PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿18.844. 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 ฿71.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aapico Hitech PCL  (BKK:AH) 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.


Aapico Hitech PCL Cyclically Adjusted PS Ratio Related Terms


Aapico Hitech PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aapico Hitech 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.

Aapico Hitech PCL Cyclically Adjusted PS Ratio Chart

Aapico Hitech 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 0.51 0.52 0.45 0.25 0.18

Aapico Hitech 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 0.19 0.19 0.20 0.18 0.18

BKK:AH vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Aapico Hitech 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.


Aapico Hitech PCL Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aapico Hitech PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:AH
83GF Score
Aapico Hitech PCL BKK:AH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aapico Hitech 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.

Aapico Hitech PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.50/71.41
=0.22

* 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.

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

For example, Aapico Hitech 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)
=18.844/330.2130*330.2130
=18.844

Current CPI (Mar. 2026) = 330.2130.

Aapico Hitech PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.148 241.018 13.904
201609 10.040 241.428 13.732
201612 10.941 241.432 14.964
201703 10.995 243.801 14.892
201706 10.419 244.955 14.045
201709 11.636 246.819 15.568
201712 12.253 246.524 16.413
201803 12.245 249.554 16.203
201806 11.497 251.989 15.066
201809 12.001 252.439 15.698
201812 8.801 251.233 11.568
201903 12.146 254.202 15.778
201906 13.247 256.143 17.078
201909 12.351 256.759 15.884
201912 10.561 256.974 13.571
202003 13.866 258.115 17.739
202006 5.688 257.797 7.286
202009 13.379 260.280 16.974
202012 16.158 260.474 20.484
202103 15.777 264.877 19.669
202106 13.714 271.696 16.668
202109 11.942 274.310 14.376
202112 16.261 278.802 19.260
202203 18.897 287.504 21.704
202206 17.245 296.311 19.218
202209 20.538 296.808 22.850
202212 21.959 296.797 24.431
202303 22.852 301.836 25.000
202306 20.157 305.109 21.815
202309 21.486 307.789 23.051
202312 20.097 306.746 21.634
202403 21.002 312.332 22.204
202406 18.174 314.175 19.102
202409 18.892 315.301 19.785
202412 18.302 315.605 19.149
202503 20.073 319.799 20.727
202506 19.406 322.561 19.866
202509 18.197 324.800 18.500
202512 19.031 324.054 19.393
202603 18.844 330.213 18.844

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 0.22 mean?
Aapico Hitech PCL (BKK:AH) has a Cyclically Adjusted PS Ratio of 0.22 as of Jul. 29, 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 Aapico Hitech PCL and its competitors. This is 42% below median its historical median of 0.38. Over the past decade, Aapico Hitech PCL's Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.83. According to the industry distribution chart, Aapico Hitech PCL ranks #224 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 21.5%.
Is Aapico Hitech PCL's Cyclically Adjusted PS Ratio too high?
Aapico Hitech PCL's current Cyclically Adjusted PS Ratio of 0.22 is 42% below median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.83. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.73. Aapico Hitech PCL's value of 0.22 is 69.9% below this industry median. Based on the distribution chart, Aapico Hitech PCL ranks #224 out of 1042 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Aapico Hitech PCL has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aapico Hitech PCL's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Aapico Hitech PCL ranks #224 out of 1042 companies for Cyclically Adjusted PS Ratio. This places Aapico Hitech PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.73. Aapico Hitech PCL's value of 0.22 is 69.9% below this benchmark. Historically, Aapico Hitech PCL's own Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.83 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.73, Aapico Hitech 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.73, based on 1,042 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. Aapico Hitech PCL's current Cyclically Adjusted PS Ratio of 0.22 is 69.9% 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 Aapico Hitech PCL and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aapico Hitech PCL's current Cyclically Adjusted PS Ratio is 0.22, which is 42% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aapico Hitech PCL stock overvalued right now?
Based on GuruFocus' analysis, Aapico Hitech PCL (BKK:AH) is currently considered Fairly Valued. The stock's GF Value™ is ฿15.90, compared to a current price of ฿15.50 — trading 2.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 42% below median its 10-year median of 0.38 and 69.9% below the Vehicles & Parts industry median of 0.73. Aapico Hitech PCL's overall GF Score™ is 83/100 with 4 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 Aapico Hitech PCL (BKK:AH), the current Cyclically Adjusted PS Ratio is 0.22 as of Jul. 29, 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 Aapico Hitech PCL (BKK:AH) Overvalued in 2026?

Based on GuruFocus' analysis, Aapico Hitech PCL stock appears to be undervalued. The current stock price of ฿15.50 is trading 2.5% below its estimated GF Value™ of ฿15.90. GuruFocus considers Aapico Hitech PCL to be Fairly Valued.

Key valuation signals for BKK:AH:

  • Cyclically Adjusted PS Ratio: 0.22 (42% below median its 10-year median of 0.38)
  • GF Value™: ฿15.90 vs. price of ฿15.50 (2.5% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 69.9% below the Vehicles & Parts median (#224 of 1042)

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


Aapico Hitech PCL Business Description

Address Tambol Ban Lane, 99 Moo 1 Hitech Industrial Estate, Ampur Bang Pa-in, Ayutthya, THA, 13160
Aapico Hitech PCL is a manufacturing company. The business activity of the firm is organized into business units based on their products and services and has three reported segments which are the Manufacture of auto parts; Sales of automobiles and the provision of automobile repair service; and Others. It manufactures products such as Jigs, Stamping dies, and Original equipment manufacturing auto parts, including Floor parts, Cross members, Pillars, Brackets, Clips, and Fuel tanks. Geographically the firm has its presence in the region of Thailand, China, Malaysia, and Portugal from which it derives the majority of its revenue from Thailand. The majority of its revenue is derived from the Manufacture of automobile assembly tools and parts segment.
83GF Score

Get the complete analysis for BKK:AH

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

฿15.50
Price
฿15.90
GF Value