Country Group Holdings PCL (BKK:CGH) Cyclically Adjusted PS Ratio: 1.57 (As of Aug. 25, 2026) — 19% Below Median

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BKK:CGH Country Group Holdings PCL BKK:CGH
41 GF Score
Price ฿0.55
GF Value ฿0.58
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Country Group Holdings PCL Cyclically Adjusted PS Ratio?

Country Group Holdings PCL BKK:CGH -1.79% 41 Cyclically Adjusted PS Ratio is 1.57 as of Aug. 25, 2026, which is 19% below its 10-year median of 1.95. GuruFocus rates BKK:CGH with a GF Score™ of 41/100 and a GF Value™ of ฿0.58 (Fairly Valued). The stock has 6 warning signs investors should review. Among 580 Capital Markets companies, Country Group Holdings PCL ranks better than 70.52% on this metric.

As of today (2026-08-25), Country Group Holdings PCL's current share price is ฿0.55. Country Group Holdings PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿0.35. Country Group Holdings PCL's Cyclically Adjusted PS Ratio for today is 1.57.

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

BKK:CGH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.95   Max: 4.88
Current: 1.58

During the past years, Country Group Holdings PCL's highest Cyclically Adjusted PS Ratio was 4.88. The lowest was 1.24. And the median was 1.95.

BKK:CGH's Cyclically Adjusted PS Ratio is ranked better than
70.52% of 580 companies
in the Capital Markets industry
Industry Median: 3.635 vs BKK:CGH: 1.58

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.

Country Group Holdings PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.085. 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 ฿0.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Country Group Holdings PCL  (BKK:CGH) 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.


Country Group Holdings PCL Cyclically Adjusted PS Ratio Related Terms


Country Group Holdings PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Country Group Holdings 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.

Country Group Holdings PCL Cyclically Adjusted PS Ratio Chart

Country Group Holdings 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 3.20 1.68 1.98 1.97 1.42

Country Group Holdings 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 1.32 1.41 1.75 1.42 1.32

BKK:CGH vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Country Group Holdings 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.


Country Group Holdings PCL Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Country Group Holdings PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Country Group Holdings PCL's Cyclically Adjusted PS Ratio falls into.


BKK:CGH
41GF Score
Country Group Holdings PCL BKK:CGH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Country Group Holdings 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.

Country Group Holdings PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.55/0.35
=1.57

* 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.

Country Group Holdings PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Country Group Holdings 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)
=0.085/330.2130*330.2130
=0.085

Current CPI (Mar. 2026) = 330.2130.

Country Group Holdings PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.061 241.018 0.084
201609 0.117 241.428 0.160
201612 0.028 241.432 0.038
201703 0.025 243.801 0.034
201706 0.017 244.955 0.023
201709 0.046 246.819 0.062
201712 0.040 246.524 0.054
201803 0.031 249.554 0.041
201806 0.030 251.989 0.039
201809 0.038 252.439 0.050
201812 0.032 251.233 0.042
201903 0.046 254.202 0.060
201906 0.058 256.143 0.075
201909 0.069 256.759 0.089
201912 0.069 256.974 0.089
202003 0.077 258.115 0.099
202006 0.072 257.797 0.092
202009 0.067 260.280 0.085
202012 0.098 260.474 0.124
202103 0.097 264.877 0.121
202106 0.099 271.696 0.120
202109 0.118 274.310 0.142
202112 0.105 278.802 0.124
202203 0.101 287.504 0.116
202206 0.079 296.311 0.088
202209 0.093 296.808 0.103
202212 0.090 296.797 0.100
202303 0.101 301.836 0.110
202306 0.078 305.109 0.084
202309 0.070 307.789 0.075
202312 0.092 306.746 0.099
202403 0.118 312.332 0.125
202406 0.110 314.175 0.116
202409 0.083 315.301 0.087
202412 0.105 315.605 0.110
202503 0.090 319.799 0.093
202506 0.071 322.561 0.073
202509 0.093 324.800 0.095
202512 0.085 324.054 0.087
202603 0.085 330.213 0.085

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 1.57 mean?
Country Group Holdings PCL (BKK:CGH) has a Cyclically Adjusted PS Ratio of 1.57 as of Aug. 25, 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 Country Group Holdings PCL and its competitors. This is 19% below median its historical median of 1.95. Over the past decade, Country Group Holdings PCL's Cyclically Adjusted PS Ratio has ranged from 1.24 to 4.88. According to the industry distribution chart, Country Group Holdings PCL ranks #171 out of 580 companies in the Capital Markets industry, placing it in the top 29.5%.
Is Country Group Holdings PCL's Cyclically Adjusted PS Ratio too high?
Country Group Holdings PCL's current Cyclically Adjusted PS Ratio of 1.57 is 19% below median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 4.88. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.64. Country Group Holdings PCL's value of 1.57 is 56.8% below this industry median. Based on the distribution chart, Country Group Holdings PCL ranks #171 out of 580 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Country Group Holdings PCL has a GF Score™ of 41/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Country Group Holdings PCL's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Country Group Holdings PCL ranks #171 out of 580 companies for Cyclically Adjusted PS Ratio. This puts Country Group Holdings PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.64. Country Group Holdings PCL's value of 1.57 is 56.8% below this benchmark. Historically, Country Group Holdings PCL's own Cyclically Adjusted PS Ratio has ranged from 1.24 to 4.88 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 3.64, Country Group Holdings 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 a Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.64, based on 580 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. Country Group Holdings PCL's current Cyclically Adjusted PS Ratio of 1.57 is 56.8% 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 Country Group Holdings PCL and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Country Group Holdings PCL's current Cyclically Adjusted PS Ratio is 1.57, which is 19% below median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Country Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Country Group Holdings PCL (BKK:CGH) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.58, compared to a current price of ฿0.55 — trading 5.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.57, which is 19% below median its 10-year median of 1.95 and 56.8% below the Capital Markets industry median of 3.64. Country Group Holdings PCL's overall GF Score™ is 41/100 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 Country Group Holdings PCL (BKK:CGH), the current Cyclically Adjusted PS Ratio is 1.57 as of Aug. 25, 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 Country Group Holdings PCL (BKK:CGH) Overvalued in 2026?

Based on GuruFocus' analysis, Country Group Holdings PCL stock appears to be undervalued. The current stock price of ฿0.55 is trading 5.2% below its estimated GF Value™ of ฿0.58. GuruFocus considers Country Group Holdings PCL to be Fairly Valued.

Key valuation signals for BKK:CGH:

  • Cyclically Adjusted PS Ratio: 1.57 (19% below median its 10-year median of 1.95)
  • GF Value™: ฿0.58 vs. price of ฿0.55 (5.2% below fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 56.8% below the Capital Markets median (#171 of 580)

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


Country Group Holdings PCL Business Description

Address Wireless Road, No. 132, Sindhorn Tower 3, 20th Floor, Lumpini Sub District, Pathumwan District, Bangkok, THA, 10330
Country Group Holdings PCL is principally engaged in investment in potential securities. The company has four operating segments that are Securities and Derivatives brokerage which is the key revenue-generating segment; Investment Banking; and securities and derivatives trading segment, Investment banking segment, and Comprising the Group's digital assets trading. The company derives revenue through brokerage fees, service income, and Interest on margin loans. The company's operations are carried out in Thailand.
41GF Score

Get the complete analysis for BKK:CGH

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

฿0.55
Price
฿0.58
GF Value