Birla Carbon (Thailand) PCL (BKK:BCT) Cyclically Adjusted PS Ratio: 1.39 (As of Jul. 29, 2026) — 21% Below Median

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BKK:BCT Birla Carbon (Thailand) PCL BKK:BCT
74 GF Score
Price ฿49.75
GF Value ฿42.18
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Birla Carbon (Thailand) PCL Cyclically Adjusted PS Ratio?

Birla Carbon (Thailand) PCL BKK:BCT 74 Cyclically Adjusted PS Ratio is 1.39 as of Jul. 29, 2026, which is 21% below its 10-year median of 1.76. GuruFocus rates BKK:BCT with a GF Score™ of 74/100 and a GF Value™ of ฿42.18 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,276 Chemicals companies, Birla Carbon (Thailand) PCL ranks worse than 52.9% on this metric.

As of today (2026-07-29), Birla Carbon (Thailand) PCL's current share price is ฿49.75. Birla Carbon (Thailand) PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿35.75. Birla Carbon (Thailand) PCL's Cyclically Adjusted PS Ratio for today is 1.39.

The historical rank and industry rank for Birla Carbon (Thailand) PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:BCT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.76   Max: 2.38
Current: 1.39

During the past years, Birla Carbon (Thailand) PCL's highest Cyclically Adjusted PS Ratio was 2.38. The lowest was 1.21. And the median was 1.76.

BKK:BCT's Cyclically Adjusted PS Ratio is ranked worse than
52.9% of 1276 companies
in the Chemicals industry
Industry Median: 1.285 vs BKK:BCT: 1.39

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.

Birla Carbon (Thailand) PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿8.195. 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 ฿35.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Birla Carbon (Thailand) PCL  (BKK:BCT) 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.


Birla Carbon (Thailand) PCL Cyclically Adjusted PS Ratio Related Terms


Birla Carbon (Thailand) PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Birla Carbon (Thailand) 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.

Birla Carbon (Thailand) PCL Cyclically Adjusted PS Ratio Chart

Birla Carbon (Thailand) PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 2.01 1.99 1.72 1.21

Birla Carbon (Thailand) 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 1.72 1.32 1.38 1.48 1.21

BKK:BCT vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Birla Carbon (Thailand) 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.


Birla Carbon (Thailand) PCL Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Birla Carbon (Thailand) PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Birla Carbon (Thailand) PCL's Cyclically Adjusted PS Ratio falls into.


BKK:BCT
74GF Score
Birla Carbon (Thailand) PCL BKK:BCT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Birla Carbon (Thailand) 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.

Birla Carbon (Thailand) PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.75/35.75
=1.39

* 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.

Birla Carbon (Thailand) PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Birla Carbon (Thailand) 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)
=8.195/330.2130*330.2130
=8.195

Current CPI (Mar. 2026) = 330.2130.

Birla Carbon (Thailand) PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.593 241.018 4.923
201609 4.017 241.428 5.494
201612 4.401 241.432 6.019
201703 4.790 243.801 6.488
201706 6.064 244.955 8.175
201709 5.900 246.819 7.893
201712 6.152 246.524 8.240
201803 6.308 249.554 8.347
201806 6.724 251.989 8.811
201809 6.975 252.439 9.124
201812 7.484 251.233 9.837
201903 7.307 254.202 9.492
201906 7.200 256.143 9.282
201909 6.517 256.759 8.381
201912 5.462 256.974 7.019
202003 5.819 258.115 7.444
202006 3.059 257.797 3.918
202009 3.994 260.280 5.067
202012 4.165 260.474 5.280
202103 5.680 264.877 7.081
202106 6.915 271.696 8.404
202109 7.422 274.310 8.935
202112 9.020 278.802 10.683
202203 11.060 287.504 12.703
202206 11.417 296.311 12.723
202209 11.398 296.808 12.681
202212 10.161 296.797 11.305
202303 12.168 301.836 13.312
202306 10.299 305.109 11.146
202309 10.962 307.789 11.761
202312 10.983 306.746 11.823
202403 11.010 312.332 11.640
202406 11.642 314.175 12.236
202409 10.040 315.301 10.515
202412 8.511 315.605 8.905
202503 9.813 319.799 10.133
202506 8.555 322.561 8.758
202509 7.792 324.800 7.922
202512 7.305 324.054 7.444
202603 8.195 330.213 8.195

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 1.39 mean?
Birla Carbon (Thailand) PCL (BKK:BCT) has a Cyclically Adjusted PS Ratio of 1.39 as of Jul. 29, 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 Birla Carbon (Thailand) PCL and its competitors. This is 21% below median its historical median of 1.76. Over the past decade, Birla Carbon (Thailand) PCL's Cyclically Adjusted PS Ratio has ranged from 1.21 to 2.38. According to the industry distribution chart, Birla Carbon (Thailand) PCL ranks #675 out of 1276 companies in the Chemicals industry, placing it in the top 52.9%.
Is Birla Carbon (Thailand) PCL's Cyclically Adjusted PS Ratio too high?
Birla Carbon (Thailand) PCL's current Cyclically Adjusted PS Ratio of 1.39 is 21% below median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.38. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Birla Carbon (Thailand) PCL's value of 1.39 is 8.2% above this industry median. Based on the distribution chart, Birla Carbon (Thailand) PCL ranks #675 out of 1276 companies in the Chemicals industry, which is below the industry midpoint. Overall, Birla Carbon (Thailand) PCL has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Birla Carbon (Thailand) PCL's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Birla Carbon (Thailand) PCL ranks #675 out of 1276 companies for Cyclically Adjusted PS Ratio. This places Birla Carbon (Thailand) PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Birla Carbon (Thailand) PCL's value of 1.39 is 8.2% above this benchmark. Historically, Birla Carbon (Thailand) PCL's own Cyclically Adjusted PS Ratio has ranged from 1.21 to 2.38 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.29, Birla Carbon (Thailand) 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,276 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. Birla Carbon (Thailand) PCL's current Cyclically Adjusted PS Ratio of 1.39 is 8.2% 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 Birla Carbon (Thailand) PCL and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birla Carbon (Thailand) PCL's current Cyclically Adjusted PS Ratio is 1.39, which is 21% below median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birla Carbon (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Birla Carbon (Thailand) PCL (BKK:BCT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿42.18, compared to a current price of ฿49.75 — trading 17.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.39, which is 21% below median its 10-year median of 1.76 and 8.2% above the Chemicals industry median of 1.29. Birla Carbon (Thailand) PCL's overall GF Score™ is 74/100 with 6 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 Birla Carbon (Thailand) PCL (BKK:BCT), the current Cyclically Adjusted PS Ratio is 1.39 as of Jul. 29, 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 Birla Carbon (Thailand) PCL (BKK:BCT) Overvalued in 2026?

Based on GuruFocus' analysis, Birla Carbon (Thailand) PCL stock appears to be overvalued. The current stock price of ฿49.75 is trading 17.9% above its estimated GF Value™ of ฿42.18. GuruFocus considers Birla Carbon (Thailand) PCL to be Modestly Overvalued.

Key valuation signals for BKK:BCT:

  • Cyclically Adjusted PS Ratio: 1.39 (21% below median its 10-year median of 1.76)
  • GF Value™: ฿42.18 vs. price of ฿49.75 (17.9% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 8.2% above the Chemicals median (#675 of 1276)

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


Birla Carbon (Thailand) PCL Business Description

Address Ploenchit Road, 888/122, 888/128 Mahatun Plaza Building, 16th Floor, Lumpini, Patumwan, Bangkok, THA, 10330
Birla Carbon (Thailand) PCL through its subsidiaries operates as a manufacturer and supplier of carbon black additives for distribution to international markets. Carbon black is the flagship business of the Aditya Birla Group. Its product offering categories include Rubber Products, Rubber - Birla Carbon 3000 Series, Specialty Products, Specialty Post-Treated Products, and Form Letters. Geographically, it derives a majority of revenue from Thailand and also has a presence in Japan, Indonesia, Vietnam, Malaysia, and Other countries. The company serves Tires, Specialty Blacks and Mechanical Rubber Goods market.
74GF Score

Get the complete analysis for BKK:BCT

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

฿49.75
Price
฿42.18
GF Value