Bangkok Commercial Asset Management PCL (BKK:BAM) Cyclically Adjusted PS Ratio: 2.07 (As of Jul. 20, 2026) — Near Median

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BKK:BAM Bangkok Commercial Asset Management PCL BKK:BAM
61 GF Score
Price ฿7.00
GF Value ฿7.24
Valuation Fairly Valued
! 5 Warning Signs
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What is Bangkok Commercial Asset Management PCL Cyclically Adjusted PS Ratio?

Bangkok Commercial Asset Management PCL BKK:BAM +2.19% 61 Cyclically Adjusted PS Ratio is 2.07 as of Jul. 20, 2026, which is 9% below its 10-year median of 2.28. GuruFocus rates BKK:BAM with a GF Score™ of 61/100 and a GF Value™ of ฿7.24 (Fairly Valued). The stock has 5 warning signs investors should review. Among 904 Asset Management companies, Bangkok Commercial Asset Management PCL ranks better than 82.41% on this metric.

As of today (2026-07-20), Bangkok Commercial Asset Management PCL's current share price is ฿7.00. Bangkok Commercial Asset Management PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ฿3.38. Bangkok Commercial Asset Management PCL's Cyclically Adjusted PS Ratio for today is 2.07.

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

BKK:BAM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.01   Med: 2.28   Max: 2.37
Current: 2.03

During the past 10 years, Bangkok Commercial Asset Management PCL's highest Cyclically Adjusted PS Ratio was 2.37. The lowest was 2.01. And the median was 2.28.

BKK:BAM's Cyclically Adjusted PS Ratio is ranked better than
82.41% of 904 companies
in the Asset Management industry
Industry Median: 7.63 vs BKK:BAM: 2.03

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.

Bangkok Commercial Asset Management PCL's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ฿3.123. 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 ฿3.38 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Commercial Asset Management PCL  (BKK:BAM) 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.


Bangkok Commercial Asset Management PCL Cyclically Adjusted PS Ratio Related Terms


Bangkok Commercial Asset Management PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bangkok Commercial Asset Management 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.

Bangkok Commercial Asset Management PCL Cyclically Adjusted PS Ratio Chart

Bangkok Commercial Asset Management 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 2.37

Bangkok Commercial Asset Management 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 0.00 0.00 0.00 2.37 0.00

BKK:BAM vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Bangkok Commercial Asset Management 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.


Bangkok Commercial Asset Management PCL Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bangkok Commercial Asset Management PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:BAM
61GF Score
Bangkok Commercial Asset Management PCL BKK:BAM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangkok Commercial Asset Management 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.

Bangkok Commercial Asset Management PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.00/3.38
=2.07

* 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.

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

For example, Bangkok Commercial Asset Management 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)
=3.123/324.0540*324.0540
=3.123

Current CPI (Dec25) = 324.0540.

Bangkok Commercial Asset Management PCL Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 2.266 241.432 3.041
201712 2.079 246.524 2.733
201812 2.371 251.233 3.058
201912 3.334 256.974 4.204
202012 3.209 260.474 3.992
202112 3.171 278.802 3.686
202212 3.104 296.797 3.389
202312 2.984 306.746 3.152
202412 3.334 315.605 3.423
202512 3.123 324.054 3.123

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 2.07 mean?
Bangkok Commercial Asset Management PCL (BKK:BAM) has a Cyclically Adjusted PS Ratio of 2.07 as of Jul. 20, 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 Bangkok Commercial Asset Management PCL and its competitors. This is near median its historical median of 2.28. Over the past decade, Bangkok Commercial Asset Management PCL's Cyclically Adjusted PS Ratio has ranged from 2.01 to 2.37. According to the industry distribution chart, Bangkok Commercial Asset Management PCL ranks #159 out of 904 companies in the Asset Management industry, placing it in the top 17.6%.
Is Bangkok Commercial Asset Management PCL's Cyclically Adjusted PS Ratio too high?
Bangkok Commercial Asset Management PCL's current Cyclically Adjusted PS Ratio of 2.07 is near median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 2.37. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.63. Bangkok Commercial Asset Management PCL's value of 2.07 is 72.9% below this industry median. Based on the distribution chart, Bangkok Commercial Asset Management PCL ranks #159 out of 904 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Bangkok Commercial Asset Management PCL has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Commercial Asset Management PCL's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Bangkok Commercial Asset Management PCL ranks #159 out of 904 companies for Cyclically Adjusted PS Ratio. This places Bangkok Commercial Asset Management PCL in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 7.63. Bangkok Commercial Asset Management PCL's value of 2.07 is 72.9% below this benchmark. Historically, Bangkok Commercial Asset Management PCL's own Cyclically Adjusted PS Ratio has ranged from 2.01 to 2.37 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 7.63, Bangkok Commercial Asset Management 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 Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.63, based on 904 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. Bangkok Commercial Asset Management PCL's current Cyclically Adjusted PS Ratio of 2.07 is 72.9% 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 Bangkok Commercial Asset Management PCL and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Commercial Asset Management PCL's current Cyclically Adjusted PS Ratio is 2.07, which is near median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Commercial Asset Management PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Commercial Asset Management PCL (BKK:BAM) is currently considered Fairly Valued. The stock's GF Value™ is ฿7.24, compared to a current price of ฿7.00 — trading 3.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.07, which is near median its 10-year median of 2.28 and 72.9% below the Asset Management industry median of 7.63. Bangkok Commercial Asset Management PCL's overall GF Score™ is 61/100 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 Bangkok Commercial Asset Management PCL (BKK:BAM), the current Cyclically Adjusted PS Ratio is 2.07 as of Jul. 20, 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 Bangkok Commercial Asset Management PCL (BKK:BAM) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Commercial Asset Management PCL stock appears to be undervalued. The current stock price of ฿7.00 is trading 3.3% below its estimated GF Value™ of ฿7.24. GuruFocus considers Bangkok Commercial Asset Management PCL to be Fairly Valued.

Key valuation signals for BKK:BAM:

  • Cyclically Adjusted PS Ratio: 2.07 (near median its 10-year median of 2.28)
  • GF Value™: ฿7.24 vs. price of ฿7.00 (3.3% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 72.9% below the Asset Management median (#159 of 904)

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


Bangkok Commercial Asset Management PCL Business Description

Other Exchanges BAM-F:Thailand
Address 99 Surasak Road, Silom Subdistrict, Bangrak District, Bangkok, THA, 10500
Bangkok Commercial Asset Management PCL engages in purchasing or receiving transfers of non-performing loans (NPLs) and non-performing assets (NPAs) for management and disposal. The Company focuses on asset management operations conducted only in Thailand. Its services include acquiring NPLs from financial institutions and managing them mainly through debt negotiation. It also acquires NPAs from financial institutions, including assets from debt settlements and collateral purchased at auctions from the Legal Execution Department, and adds value by improving and developing properties to make them ready for occupancy for target customers.
61GF Score

Get the complete analysis for BKK:BAM

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

฿7.00
Price
฿7.24
GF Value