Asia Precision PCL (BKK:APCS) Cyclically Adjusted PS Ratio: 0.46 (As of Jul. 07, 2026) — 66% Below Median


BKK:APCS Asia Precision PCL BKK:APCS
47 GF Score
Price ฿1.39
GF Value ฿1.08
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Asia Precision PCL Cyclically Adjusted PS Ratio?

Asia Precision PCL BKK:APCS -2.11% 47 Cyclically Adjusted PS Ratio is 0.46 as of Jul. 07, 2026, which is 66% below its 10-year median of 1.35. GuruFocus rates BKK:APCS with a GF Score™ of 47/100 and a GF Value™ of ฿1.08 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,354 Construction companies, Asia Precision PCL ranks better than 63.29% on this metric.

As of today (2026-07-07), Asia Precision PCL's current share price is ฿1.39. Asia Precision PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿3.02. Asia Precision PCL's Cyclically Adjusted PS Ratio for today is 0.46.

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

BKK:APCS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.35   Max: 2.28
Current: 0.47

During the past years, Asia Precision PCL's highest Cyclically Adjusted PS Ratio was 2.28. The lowest was 0.38. And the median was 1.35.

BKK:APCS's Cyclically Adjusted PS Ratio is ranked better than
63.29% of 1354 companies
in the Construction industry
Industry Median: 0.71 vs BKK:APCS: 0.47

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.

Asia Precision PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.223. 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 ฿3.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Precision PCL  (BKK:APCS) 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.


Asia Precision PCL Cyclically Adjusted PS Ratio Related Terms


Asia Precision PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asia Precision 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.

Asia Precision PCL Cyclically Adjusted PS Ratio Chart

Asia Precision 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 1.80 1.65 1.38 0.64 0.48

Asia Precision 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 0.50 0.46 0.48 0.48 0.41

BKK:APCS vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Asia Precision 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.


Asia Precision PCL Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Asia Precision PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:APCS
47GF Score
Asia Precision PCL BKK:APCS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Precision 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.

Asia Precision PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.39/3.02
=0.46

* 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.

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

For example, Asia Precision 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)
=0.223/330.2130*330.2130
=0.223

Current CPI (Mar. 2026) = 330.2130.

Asia Precision PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.332 241.018 0.455
201609 0.341 241.428 0.466
201612 0.441 241.432 0.603
201703 0.502 243.801 0.680
201706 0.430 244.955 0.580
201709 0.466 246.819 0.623
201712 0.455 246.524 0.609
201803 0.599 249.554 0.793
201806 0.910 251.989 1.192
201809 1.325 252.439 1.733
201812 0.920 251.233 1.209
201903 0.996 254.202 1.294
201906 0.771 256.143 0.994
201909 1.358 256.759 1.746
201912 1.099 256.974 1.412
202003 0.640 258.115 0.819
202006 0.420 257.797 0.538
202009 1.013 260.280 1.285
202012 1.158 260.474 1.468
202103 0.693 264.877 0.864
202106 0.756 271.696 0.919
202109 1.016 274.310 1.223
202112 -0.404 278.802 -0.478
202203 1.214 287.504 1.394
202206 0.954 296.311 1.063
202209 0.884 296.808 0.983
202212 -0.388 296.797 -0.432
202303 0.627 301.836 0.686
202306 0.552 305.109 0.597
202309 0.426 307.789 0.457
202312 0.657 306.746 0.707
202403 0.540 312.332 0.571
202406 0.493 314.175 0.518
202409 0.527 315.301 0.552
202412 0.469 315.605 0.491
202503 0.395 319.799 0.408
202506 0.383 322.561 0.392
202509 0.403 324.800 0.410
202512 0.181 324.054 0.184
202603 0.223 330.213 0.223

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 0.46 mean?
Asia Precision PCL (BKK:APCS) has a Cyclically Adjusted PS Ratio of 0.46 as of Jul. 07, 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 Asia Precision PCL and its competitors. This is 66% below median its historical median of 1.35. Over the past decade, Asia Precision PCL's Cyclically Adjusted PS Ratio has ranged from 0.38 to 2.28. According to the industry distribution chart, Asia Precision PCL ranks #497 out of 1354 companies in the Construction industry, placing it in the top 36.7%.
Is Asia Precision PCL's Cyclically Adjusted PS Ratio too high?
Asia Precision PCL's current Cyclically Adjusted PS Ratio of 0.46 is 66% below median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 2.28. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. Asia Precision PCL's value of 0.46 is 35.2% below this industry median. Based on the distribution chart, Asia Precision PCL ranks #497 out of 1354 companies in the Construction industry, which is above the industry midpoint. Overall, Asia Precision PCL has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Precision PCL's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Asia Precision PCL ranks #497 out of 1354 companies for Cyclically Adjusted PS Ratio. This puts Asia Precision PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Asia Precision PCL's value of 0.46 is 35.2% below this benchmark. Historically, Asia Precision PCL's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 2.28 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 0.71, Asia Precision 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,354 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. Asia Precision PCL's current Cyclically Adjusted PS Ratio of 0.46 is 35.2% 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 Asia Precision PCL and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Precision PCL's current Cyclically Adjusted PS Ratio is 0.46, which is 66% below median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Precision PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Precision PCL (BKK:APCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.08, compared to a current price of ฿1.39 — trading 28.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.46, which is 66% below median its 10-year median of 1.35 and 35.2% below the Construction industry median of 0.71. Asia Precision PCL's overall GF Score™ is 47/100 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 Asia Precision PCL (BKK:APCS), the current Cyclically Adjusted PS Ratio is 0.46 as of Jul. 07, 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 Asia Precision PCL (BKK:APCS) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Precision PCL stock appears to be overvalued. The current stock price of ฿1.39 is trading 28.7% above its estimated GF Value™ of ฿1.08. GuruFocus considers Asia Precision PCL to be Modestly Overvalued.

Key valuation signals for BKK:APCS:

  • Cyclically Adjusted PS Ratio: 0.46 (66% below median its 10-year median of 1.35)
  • GF Value™: ฿1.08 vs. price of ฿1.39 (28.7% above fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 35.2% below the Construction median (#497 of 1354)

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


Asia Precision PCL Business Description

Address Sunphawut Road, 223/53, 13th Floor, Country Complex Tower A, Bangna Tai, Bangna, Bangkok, THA, 10260
Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand, Mongolia and Vietnam, of which prime revenue is earned in Thailand.
47GF Score

Get the complete analysis for BKK:APCS

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

฿1.39
Price
฿1.08
GF Value