Asia Sermkij Leasing PCL (BKK:ASK) Cyclically Adjusted PS Ratio: 0.05 (As of Jul. 19, 2026) — 98% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ASK Asia Sermkij Leasing PCL BKK:ASK
52 GF Score
Price ฿12.30
GF Value ฿1,348.74
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Asia Sermkij Leasing PCL Cyclically Adjusted PS Ratio?

Asia Sermkij Leasing PCL BKK:ASK -0.81% 52 Cyclically Adjusted PS Ratio is 0.05 as of Jul. 19, 2026, which is 98% below its 10-year median of 3.00. GuruFocus rates BKK:ASK with a GF Score™ of 52/100 and a GF Value™ of ฿1,348.74 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 420 Credit Services companies, Asia Sermkij Leasing PCL ranks better than 99.52% on this metric.

As of today (2026-07-19), Asia Sermkij Leasing PCL's current share price is ฿12.30. Asia Sermkij Leasing PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿234.53. Asia Sermkij Leasing PCL's Cyclically Adjusted PS Ratio for today is 0.05.

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

BKK:ASK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 3   Max: 5.83
Current: 0.05

During the past years, Asia Sermkij Leasing PCL's highest Cyclically Adjusted PS Ratio was 5.83. The lowest was 0.03. And the median was 3.00.

BKK:ASK's Cyclically Adjusted PS Ratio is ranked better than
99.52% of 420 companies
in the Credit Services industry
Industry Median: 3.1 vs BKK:ASK: 0.05

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 Sermkij Leasing PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿1.742. 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 ฿234.53 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Sermkij Leasing PCL  (BKK:ASK) 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 Sermkij Leasing PCL Cyclically Adjusted PS Ratio Related Terms


Asia Sermkij Leasing PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asia Sermkij Leasing 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 Sermkij Leasing PCL Cyclically Adjusted PS Ratio Chart

Asia Sermkij Leasing 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 5.32 3.88 2.02 0.99 0.03

Asia Sermkij Leasing 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 0.65 0.03 0.04 0.03 0.03

BKK:ASK vs V, MA, AXP: Cyclically Adjusted PS Ratio Comparison

For the Credit Services subindustry, Asia Sermkij Leasing 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 Sermkij Leasing PCL Cyclically Adjusted PS Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Asia Sermkij Leasing PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:ASK
52GF Score
Asia Sermkij Leasing PCL BKK:ASK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.30/234.53
=0.05

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

For example, Asia Sermkij Leasing 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)
=1.742/330.2130*330.2130
=1.742

Current CPI (Mar. 2026) = 330.2130.

Asia Sermkij Leasing PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.701 241.018 2.330
201609 1.735 241.428 2.373
201612 1.738 241.432 2.377
201703 1.730 243.801 2.343
201706 1.749 244.955 2.358
201709 1.807 246.819 2.418
201712 1.821 246.524 2.439
201803 1.788 249.554 2.366
201806 1.846 251.989 2.419
201809 1.867 252.439 2.442
201812 1.966 251.233 2.584
201903 1.912 254.202 2.484
201906 1.979 256.143 2.551
201909 2.090 256.759 2.688
201912 2.250 256.974 2.891
202003 2.238 258.115 2.863
202006 2.326 257.797 2.979
202009 2.528 260.280 3.207
202012 2.352 260.474 2.982
202103 2.671 264.877 3.330
202106 2.531 271.696 3.076
202109 2.113 274.310 2.544
202112 2.304 278.802 2.729
202203 2.443 287.504 2.806
202206 2.542 296.311 2.833
202209 2.689 296.808 2.992
202212 2.738 296.797 3.046
202303 2.866 301.836 3.135
202306 3.064 305.109 3.316
202309 3.010 307.789 3.229
202312 3.072 306.746 3.307
202403 3.096 312.332 3.273
202406 3.011 314.175 3.165
202409 2.904 315.301 3.041
202412 2.677 315.605 2.801
202503 2.636 319.799 2.722
202506 2,187.658 322.561 2,239.555
202509 1.857 324.800 1.888
202512 1.619 324.054 1.650
202603 1.742 330.213 1.742

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 0.05 mean?
Asia Sermkij Leasing PCL (BKK:ASK) has a Cyclically Adjusted PS Ratio of 0.05 as of Jul. 19, 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 Sermkij Leasing PCL and its competitors. This is 98% below median its historical median of 3.00. Over the past decade, Asia Sermkij Leasing PCL's Cyclically Adjusted PS Ratio has ranged from 0.03 to 5.83. According to the industry distribution chart, Asia Sermkij Leasing PCL ranks #2 out of 420 companies in the Credit Services industry, placing it in the top 0.5%.
Is Asia Sermkij Leasing PCL's Cyclically Adjusted PS Ratio too high?
Asia Sermkij Leasing PCL's current Cyclically Adjusted PS Ratio of 0.05 is 98% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 5.83. The Credit Services industry median Cyclically Adjusted PS Ratio is 3.10. Asia Sermkij Leasing PCL's value of 0.05 is 98.4% below this industry median. Based on the distribution chart, Asia Sermkij Leasing PCL ranks #2 out of 420 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Asia Sermkij Leasing PCL has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Sermkij Leasing PCL's Cyclically Adjusted PS Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Asia Sermkij Leasing PCL ranks #2 out of 420 companies for Cyclically Adjusted PS Ratio. This places Asia Sermkij Leasing PCL in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.10. Asia Sermkij Leasing PCL's value of 0.05 is 98.4% below this benchmark. Historically, Asia Sermkij Leasing PCL's own Cyclically Adjusted PS Ratio has ranged from 0.03 to 5.83 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.10, Asia Sermkij Leasing 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 Credit Services company?
The median Cyclically Adjusted PS Ratio among Credit Services companies is 3.10, based on 420 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 Sermkij Leasing PCL's current Cyclically Adjusted PS Ratio of 0.05 is 98.4% 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 Sermkij Leasing PCL and its competitors. For the Credit Services industry, the median Cyclically Adjusted PS Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Sermkij Leasing PCL's current Cyclically Adjusted PS Ratio is 0.05, which is 98% below median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Sermkij Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Sermkij Leasing PCL (BKK:ASK) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1,348.74, compared to a current price of ฿12.30 — trading 99.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.05, which is 98% below median its 10-year median of 3.00 and 98.4% below the Credit Services industry median of 3.10. Asia Sermkij Leasing PCL's overall GF Score™ is 52/100 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 Asia Sermkij Leasing PCL (BKK:ASK), the current Cyclically Adjusted PS Ratio is 0.05 as of Jul. 19, 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 Sermkij Leasing PCL (BKK:ASK) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Sermkij Leasing PCL stock appears to be undervalued. The current stock price of ฿12.30 is trading 99.1% below its estimated GF Value™ of ฿1,348.74. GuruFocus considers Asia Sermkij Leasing PCL to be Possible Value Trap.

Key valuation signals for BKK:ASK:

  • Cyclically Adjusted PS Ratio: 0.05 (98% below median its 10-year median of 3.00)
  • GF Value™: ฿1,348.74 vs. price of ฿12.30 (99.1% below fair value)
  • GF Score™: 52/100 with 8 warning signs
  • Industry Position: 98.4% below the Credit Services median (#2 of 420)

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


Asia Sermkij Leasing PCL Business Description

Address Sukhumvit Road, No. 129, JLK Tower, 19th - 21st Floor, Khlong Toei Nuea, Wattana, Bangkok, THA, 10120
Asia Sermkij Leasing PCL operates a hire purchase business for all types of automobiles in the form of new car financing to its customers in Bangkok and the metropolitan area. Subsequently, the company has expanded its business into used car hire purchases, personal loans, and floor plan financing, as well as other services such as auto registration, tax renewal, and insurance services. The company has reportable operating segments: Hire purchase, Leasing, Loan, and Insurance broker. The majority of its revenue is generated from the Hire purchase segment, which provides auto and machine hire purchase services for consumers and commercial customers.
52GF Score

Get the complete analysis for BKK:ASK

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

฿12.30
Price
฿1,348.74
GF Value