Asset World PCL (BKK:AWC) Cyclically Adjusted PS Ratio: 6.48 (As of Sep. 19, 2026) — 28% Above Median

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BKK:AWC Asset World Corp PCL BKK:AWC
86 GF Score
Price ฿3.04
GF Value ฿3.59
Valuation Modestly Undervalued
! 13 Warning Signs
View Full Analysis

What is Asset World PCL Cyclically Adjusted PS Ratio?

Asset World PCL BKK:AWC +0.66% 86 Cyclically Adjusted PS Ratio is 6.48 as of Sep. 19, 2026, which is 28% above its 10-year median of 5.05. GuruFocus rates BKK:AWC with a GF Score™ of 86/100 and a GF Value™ of ฿3.59 (Modestly Undervalued). The stock has 13 warning signs investors should review. Among 675 Travel & Leisure companies, Asset World PCL ranks worse than 90.37% on this metric.

As of today (2026-09-19), Asset World PCL's current share price is ฿3.04. Asset World PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ฿0.47. Asset World PCL's Cyclically Adjusted PS Ratio for today is 6.48.

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

BKK:AWC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.76   Med: 5.05   Max: 7.29
Current: 7.29

During the past 10 years, Asset World PCL's highest Cyclically Adjusted PS Ratio was 7.29. The lowest was 4.76. And the median was 5.05.

BKK:AWC's Cyclically Adjusted PS Ratio is ranked worse than
90.37% of 675 companies
in the Travel & Leisure industry
Industry Median: 1.3 vs BKK:AWC: 7.29

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.

Asset World PCL's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ฿0.542. 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 ฿0.47 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asset World PCL  (BKK:AWC) 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.


Asset World PCL Cyclically Adjusted PS Ratio Related Terms


Asset World PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asset World 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.

Asset World PCL Cyclically Adjusted PS Ratio Chart

Asset World 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 4.52

Asset World 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 4.52 4.48 5.55

BKK:AWC vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, Asset World 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.


Asset World PCL Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asset World PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:AWC
86GF Score
Asset World Corp PCL BKK:AWC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asset World 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.

Asset World PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.04/0.469
=6.48

* 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.

Asset World PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Asset World PCL's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.542/324.0540*324.0540
=0.542

Current CPI (Dec25) = 324.0540.

Asset World PCL Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.281 241.432 0.377
201712 0.327 246.524 0.430
201812 0.777 251.233 1.002
201912 0.512 256.974 0.646
202012 0.188 260.474 0.234
202112 0.140 278.802 0.163
202212 0.299 296.797 0.326
202312 0.437 306.746 0.462
202412 0.496 315.605 0.509
202512 0.542 324.054 0.542

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 6.48 mean?
Asset World PCL (BKK:AWC) has a Cyclically Adjusted PS Ratio of 6.48 as of Sep. 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 Asset World PCL and its competitors. This is 28% above median its historical median of 5.05. Over the past decade, Asset World PCL's Cyclically Adjusted PS Ratio has ranged from 4.76 to 7.29. According to the industry distribution chart, Asset World PCL ranks #610 out of 675 companies in the Travel & Leisure industry, placing it in the top 90.4%.
Is Asset World PCL's Cyclically Adjusted PS Ratio too high?
Asset World PCL's current Cyclically Adjusted PS Ratio of 6.48 is 28% above median its 10-year median of 5.05. Over the past 10 years, this metric has ranged from a low of 4.76 to a high of 7.29. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.30. Asset World PCL's value of 6.48 is 398.5% above this industry median. Based on the distribution chart, Asset World PCL ranks #610 out of 675 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Asset World PCL has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asset World PCL's Cyclically Adjusted PS Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Asset World PCL ranks #610 out of 675 companies for Cyclically Adjusted PS Ratio. This places Asset World PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. Asset World PCL's value of 6.48 is 398.5% above this benchmark. Historically, Asset World PCL's own Cyclically Adjusted PS Ratio has ranged from 4.76 to 7.29 over the past decade. While the company's 10-year median is 5.05 vs. the industry median of 1.30, Asset World PCL has consistently been above 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.30, based on 675 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. Asset World PCL's current Cyclically Adjusted PS Ratio of 6.48 is 398.5% above 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 Asset World PCL and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asset World PCL's current Cyclically Adjusted PS Ratio is 6.48, which is 28% above median its own 10-year median of 5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset World PCL stock overvalued right now?
Based on GuruFocus' analysis, Asset World PCL (BKK:AWC) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.59, compared to a current price of ฿3.04 — trading 15.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.48, which is 28% above median its 10-year median of 5.05 and 398.5% above the Travel & Leisure industry median of 1.30. Asset World PCL's overall GF Score™ is 86/100 with 13 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 Asset World PCL (BKK:AWC), the current Cyclically Adjusted PS Ratio is 6.48 as of Sep. 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 Asset World PCL (BKK:AWC) Overvalued in 2026?

Based on GuruFocus' analysis, Asset World PCL stock appears to be undervalued. The current stock price of ฿3.04 is trading 15.3% below its estimated GF Value™ of ฿3.59. GuruFocus considers Asset World PCL to be Modestly Undervalued.

Key valuation signals for BKK:AWC:

  • Cyclically Adjusted PS Ratio: 6.48 (28% above median its 10-year median of 5.05)
  • GF Value™: ฿3.59 vs. price of ฿3.04 (15.3% below fair value)
  • GF Score™: 86/100 with 13 warning signs
  • Industry Position: 398.5% above the Travel & Leisure median (#610 of 675)

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


Asset World PCL Business Description

Other Exchanges AWC-F:Thailand
Address South Sathorn Road, 54th Floor, 1 Empire Tower, Yannawa, Sathorn, Bangkok, THA, 10120
Asset World Corp PCL is engaged in investing and providing management services. Along with its subsidiaries, the company operates in the following reportable segments: Hotel and related services, and Rental and rendering of commercial building services. A majority of its revenue is generated from the Hotel and related services segment, which is engaged in developing and owning various hotel properties across different locations in Thailand. Its portfolio of hotel properties includes Bangkok Marriott Marquis Queen's Park, Chiang Mai Marriott Hotel, Hilton Sukhumvit Bangkok, Le Meridien Bangkok, and others. Geographically, the company operates only in Thailand.
86GF Score

Get the complete analysis for BKK:AWC

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

฿3.04
Price
฿3.59
GF Value