ASN Broker PCL (BKK:ASN) Cyclically Adjusted PS Ratio: 1.01 (As of Sep. 04, 2026) — Near Median

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BKK:ASN ASN Broker PCL BKK:ASN
69 GF Score
Price ฿0.98
GF Value ฿1.24
Valuation Modestly Undervalued
! 8 Warning Signs
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What is ASN Broker PCL Cyclically Adjusted PS Ratio?

ASN Broker PCL BKK:ASN 69 Cyclically Adjusted PS Ratio is 1.01 as of Sep. 04, 2026, which is 1% above its 10-year median of 1.00. GuruFocus rates BKK:ASN with a GF Score™ of 69/100 and a GF Value™ of ฿1.24 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 400 Insurance companies, ASN Broker PCL ranks better than 59.75% on this metric.

As of today (2026-09-04), ASN Broker PCL's current share price is ฿0.98. ASN Broker PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿0.97. ASN Broker PCL's Cyclically Adjusted PS Ratio for today is 1.01.

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

BKK:ASN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1   Max: 1.32
Current: 1.01

During the past years, ASN Broker PCL's highest Cyclically Adjusted PS Ratio was 1.32. The lowest was 0.68. And the median was 1.00.

BKK:ASN's Cyclically Adjusted PS Ratio is ranked better than
59.75% of 400 companies
in the Insurance industry
Industry Median: 1.27 vs BKK:ASN: 1.01

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.

ASN Broker PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿0.163. 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 ฿0.97 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASN Broker PCL  (BKK:ASN) 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.


ASN Broker PCL Cyclically Adjusted PS Ratio Related Terms


ASN Broker PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ASN Broker 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.

ASN Broker PCL Cyclically Adjusted PS Ratio Chart

ASN Broker 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 0.00 0.00 0.88

ASN Broker PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.20 1.03 0.88 0.77 0.84

BKK:ASN vs MRSH, AON, AJG: Cyclically Adjusted PS Ratio Comparison

For the Insurance Brokers subindustry, ASN Broker 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.


ASN Broker PCL Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, ASN Broker PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:ASN
69GF Score
ASN Broker PCL BKK:ASN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASN Broker 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.

ASN Broker PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.98/0.97
=1.01

* 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.

ASN Broker PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, ASN Broker PCL's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.163/333.9520*333.9520
=0.163

Current CPI (Jun. 2026) = 333.9520.

ASN Broker PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.221 241.428 0.306
201612 0.223 241.432 0.308
201703 0.195 243.801 0.267
201706 0.182 244.955 0.248
201709 0.203 246.819 0.275
201712 0.179 246.524 0.242
201803 0.142 249.554 0.190
201806 0.183 251.989 0.243
201809 0.181 252.439 0.239
201812 0.122 251.233 0.162
201903 0.209 254.202 0.275
201906 0.211 256.143 0.275
201909 0.206 256.759 0.268
201912 0.227 256.974 0.295
202003 0.205 258.115 0.265
202006 0.190 257.797 0.246
202009 0.179 260.280 0.230
202012 0.205 260.474 0.263
202103 0.199 264.877 0.251
202106 0.174 271.696 0.214
202109 0.239 274.310 0.291
202112 0.190 278.802 0.228
202203 0.191 287.504 0.222
202206 0.220 296.311 0.248
202209 0.188 296.808 0.212
202212 0.242 296.797 0.272
202303 0.208 301.836 0.230
202306 0.197 305.109 0.216
202309 0.202 307.789 0.219
202312 0.221 306.746 0.241
202403 0.216 312.332 0.231
202406 0.205 314.175 0.218
202409 0.214 315.301 0.227
202412 0.244 315.605 0.258
202503 0.214 319.799 0.223
202506 0.203 322.561 0.210
202509 0.249 324.800 0.256
202512 0.231 324.054 0.238
202603 0.200 330.213 0.202
202606 0.163 333.952 0.163

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 1.01 mean?
ASN Broker PCL (BKK:ASN) has a Cyclically Adjusted PS Ratio of 1.01 as of Sep. 04, 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 ASN Broker PCL and its competitors. This is near median its historical median of 1.00. Over the past decade, ASN Broker PCL's Cyclically Adjusted PS Ratio has ranged from 0.68 to 1.32. According to the industry distribution chart, ASN Broker PCL ranks #161 out of 400 companies in the Insurance industry, placing it in the top 40.2%.
Is ASN Broker PCL's Cyclically Adjusted PS Ratio too high?
ASN Broker PCL's current Cyclically Adjusted PS Ratio of 1.01 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.32. The Insurance industry median Cyclically Adjusted PS Ratio is 1.27. ASN Broker PCL's value of 1.01 is 20.5% below this industry median. Based on the distribution chart, ASN Broker PCL ranks #161 out of 400 companies in the Insurance industry, which is above the industry midpoint. Overall, ASN Broker PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASN Broker PCL's Cyclically Adjusted PS Ratio compare to MRSH and AON?
According to the Insurance industry distribution chart, ASN Broker PCL ranks #161 out of 400 companies for Cyclically Adjusted PS Ratio. This puts ASN Broker PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.27. ASN Broker PCL's value of 1.01 is 20.5% below this benchmark. Historically, ASN Broker PCL's own Cyclically Adjusted PS Ratio has ranged from 0.68 to 1.32 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.27, ASN Broker 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 an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.27, based on 400 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. ASN Broker PCL's current Cyclically Adjusted PS Ratio of 1.01 is 20.5% 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 ASN Broker PCL and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASN Broker PCL's current Cyclically Adjusted PS Ratio is 1.01, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASN Broker PCL stock overvalued right now?
Based on GuruFocus' analysis, ASN Broker PCL (BKK:ASN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.24, compared to a current price of ฿0.98 — trading 21% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.01, which is near median its 10-year median of 1.00 and 20.5% below the Insurance industry median of 1.27. ASN Broker PCL's overall GF Score™ is 69/100 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 ASN Broker PCL (BKK:ASN), the current Cyclically Adjusted PS Ratio is 1.01 as of Sep. 04, 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 ASN Broker PCL (BKK:ASN) Overvalued in 2026?

Based on GuruFocus' analysis, ASN Broker PCL stock appears to be undervalued. The current stock price of ฿0.98 is trading 21% below its estimated GF Value™ of ฿1.24. GuruFocus considers ASN Broker PCL to be Modestly Undervalued.

Key valuation signals for BKK:ASN:

  • Cyclically Adjusted PS Ratio: 1.01 (near median its 10-year median of 1.00)
  • GF Value™: ฿1.24 vs. price of ฿0.98 (21% below fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 20.5% below the Insurance median (#161 of 400)

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


ASN Broker PCL Business Description

Address Phaholyothin Road, 388 IBM Tower, 16th Floor, Zone B, Samsennai, Phayathai, Bangkok, THA, 10400
ASN Broker PCL is a Thailand-based company operating as a direct non-life insurance broker, mainly focusing on selling automobile insurance products. It has also expanded into the personal loan, title loan, and hire purchase business under the name ASN Finance. The Group's reportable segments are: Insurance Broker, Peer-to-peer lending platform, and Loan. Maximum revenue is generated from the Insurance Broker segment, which includes non-life insurance brokers and life insurance broker services. The Loan segment includes lending services through title loans and hire purchase. The Group is managed and operates principally in Thailand.
69GF Score

Get the complete analysis for BKK:ASN

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

฿0.98
Price
฿1.24
GF Value