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Applicad PCLBKK:APP -0.74%89 Cyclically Adjusted PS Ratio is 0.78 as of Jul. 15, 2026, which is 3% above its 10-year median of 0.76. GuruFocus rates BKK:APP with a GF Score™ of 89/100 and a GF Value™ of ฿2.63 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,585 Software companies, Applicad PCL ranks better than 71.29% on this metric.
The historical rank and industry rank for Applicad PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:
BKK:APP'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7 Med: 0.76 Max: 0.8
Current: 0.76
During the past 10 years, Applicad PCL's highest Cyclically Adjusted PS Ratio was 0.80. The lowest was 0.70. And the median was 0.76.
BKK:APP's Cyclically Adjusted PS Ratio is ranked better than 71.29% of 1585
companies
in the Software industry
Industry Median: 1.65
vs BKK:APP: 0.76
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.
Applicad PCL's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ฿3.941. 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 ฿3.44 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Applicad PCL (BKK:APP) 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.
Applicad PCL Cyclically Adjusted PS Ratio Related Terms
Applicad PCL Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Applicad 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.
BKK:APP vs UBER, SHOP, CRM: Cyclically Adjusted PS Ratio Comparison
For the Software - Application subindustry, Applicad 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.
Applicad PCL Cyclically Adjusted PS Ratio vs Software Industry
For the Software industry and Technology sector, Applicad PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Applicad PCL's Cyclically Adjusted PS Ratio falls into.
Applicad 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.
Applicad PCL's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 0.78 mean?
Applicad PCL (BKK:APP) has a Cyclically Adjusted PS Ratio of 0.78 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 Applicad PCL and its competitors. This is near median its historical median of 0.76. Over the past decade, Applicad PCL's Cyclically Adjusted PS Ratio has ranged from 0.70 to 0.80. According to the industry distribution chart, Applicad PCL ranks #455 out of 1585 companies in the Software industry, placing it in the top 28.7%.
Is Applicad PCL's Cyclically Adjusted PS Ratio too high?
Applicad PCL's current Cyclically Adjusted PS Ratio of 0.78 is near median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 0.80. The Software industry median Cyclically Adjusted PS Ratio is 1.65. Applicad PCL's value of 0.78 is 52.7% below this industry median. Based on the distribution chart, Applicad PCL ranks #455 out of 1585 companies in the Software industry, which is above the industry midpoint. Overall, Applicad PCL has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Applicad PCL's Cyclically Adjusted PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Applicad PCL ranks #455 out of 1585 companies for Cyclically Adjusted PS Ratio. This puts Applicad PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.65. Applicad PCL's value of 0.78 is 52.7% below this benchmark. Historically, Applicad PCL's own Cyclically Adjusted PS Ratio has ranged from 0.70 to 0.80 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.65, Applicad 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.65, based on 1,585 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. Applicad PCL's current Cyclically Adjusted PS Ratio of 0.78 is 52.7% 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 Applicad PCL and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applicad PCL's current Cyclically Adjusted PS Ratio is 0.78, which is near median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applicad PCL stock overvalued right now?
Based on GuruFocus' analysis, Applicad PCL (BKK:APP) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.63, compared to a current price of ฿2.68 — trading 1.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.78, which is near median its 10-year median of 0.76 and 52.7% below the Software industry median of 1.65. Applicad PCL's overall GF Score™ is 89/100 with 5 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 Applicad PCL (BKK:APP), the current Cyclically Adjusted PS Ratio is 0.78 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 Applicad PCL (BKK:APP) Overvalued in 2026?
Based on GuruFocus' analysis, Applicad PCL stock appears to be overvalued.
The current stock price of ฿2.68 is trading 1.9% above its estimated GF Value™ of ฿2.63.
GuruFocus considers Applicad PCL to be Fairly Valued.
Key valuation signals for BKK:APP:
Cyclically Adjusted PS Ratio: 0.78 (near median its 10-year median of 0.76)
GF Value™: ฿2.63 vs. price of ฿2.68 (1.9% above fair value)
Industry Position: 52.7% below the Software median (#455 of 1585)
No single metric tells the full story. See the BKK:APP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applicad PCL main business is the sale of computer programs and maintenance services for computer programs, machines and equipment, and the design and development of related products and services. The company operates through three segments: Computer Software Sales division, engaged in the sale of computer programs for specific applications and peripherals and generating maximum revenue; Sale Division of Machinery, Equipment and Other Products, engaged in the sale of machinery, computer parts, spare parts, materials and other products; and Service Division, providing computer maintenance services, design and manufacture of industrial parts and prototypes, and other services. Geographically, the company operates in Thailand and Indonesia, while earning key revenue from sales in Thailand.
89GF Score
Get the complete analysis for BKK:APP
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