Bangkok Commercial Asset Management PCL (BKK:BAM-F) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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BKK:BAM-F Bangkok Commercial Asset Management PCL BKK:BAM-F
62 GF Score
Price ฿2.72
GF Value ฿2.66
! 7 Warning Signs
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What is Bangkok Commercial Asset Management PCL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Commercial Asset Management PCL  (BKK:BAM-F) 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 3.54 3.60 4.51 1.42 1.80

Bangkok Commercial Asset Management 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 1.39 1.38 1.84 1.83 0.66

BKK:BAM-F 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-F
62GF Score
Bangkok Commercial Asset Management PCL BKK:BAM-F
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bangkok Commercial Asset Management 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)
=0.7/333.9520*333.9520
=0.700

Current CPI (Jun. 2026) = 333.9520.

Bangkok Commercial Asset Management PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.559 241.428 0.773
201612 0.368 241.432 0.509
201703 0.413 243.801 0.566
201706 0.534 244.955 0.728
201709 0.751 246.819 1.016
201712 0.661 246.524 0.895
201803 0.499 249.554 0.668
201806 0.789 251.989 1.046
201809 0.678 252.439 0.897
201812 1.019 251.233 1.355
201903 1.469 254.202 1.930
201906 0.276 256.143 0.360
201909 0.782 256.759 1.017
201912 0.997 256.974 1.296
202003 1.030 258.115 1.333
202006 0.828 257.797 1.073
202009 0.868 260.280 1.114
202012 1.094 260.474 1.403
202103 0.848 264.877 1.069
202106 1.079 271.696 1.326
202109 1.001 274.310 1.219
202112 1.153 278.802 1.381
202203 0.803 287.504 0.933
202206 1.011 296.311 1.139
202209 0.995 296.808 1.120
202212 1.058 296.797 1.190
202303 0.819 301.836 0.906
202306 0.943 305.109 1.032
202309 0.928 307.789 1.007
202312 0.951 306.746 1.035
202403 0.936 312.332 1.001
202406 1.039 314.175 1.104
202409 0.935 315.301 0.990
202412 0.974 315.605 1.031
202503 0.908 319.799 0.948
202506 1.268 322.561 1.313
202509 0.922 324.800 0.948
202512 0.940 324.054 0.969
202603 0.702 330.213 0.710
202606 0.700 333.952 0.700

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.

Is Bangkok Commercial Asset Management PCL (BKK:BAM-F) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Commercial Asset Management PCL stock appears to be overvalued. The current stock price of ฿2.72 is trading 2.3% above its estimated GF Value™ of ฿2.66.

Key valuation signals for BKK:BAM-F:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ฿2.66 vs. price of ฿2.72 (2.3% above fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the BKK:BAM-F 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: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.
62GF Score

Get the complete analysis for BKK:BAM-F

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

฿2.72
Price
฿2.66
GF Value