CH. Karnchang PCL (BKK:CK) Cyclically Adjusted PS Ratio: 0.86 (As of Aug. 02, 2026) — 19% Below Median

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BKK:CK CH. Karnchang PCL BKK:CK
87 GF Score
Price ฿18.30
GF Value ฿22.52
Valuation Modestly Undervalued
! 11 Warning Signs
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What is CH. Karnchang PCL Cyclically Adjusted PS Ratio?

CH. Karnchang PCL BKK:CK +1.67% 87 Cyclically Adjusted PS Ratio is 0.86 as of Aug. 02, 2026, which is 19% below its 10-year median of 1.06. GuruFocus rates BKK:CK with a GF Score™ of 87/100 and a GF Value™ of ฿22.52 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 1,359 Construction companies, CH. Karnchang PCL ranks worse than 55.92% on this metric.

As of today (2026-08-02), CH. Karnchang PCL's current share price is ฿18.30. CH. Karnchang PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿21.31. CH. Karnchang PCL's Cyclically Adjusted PS Ratio for today is 0.86.

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

BKK:CK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.06   Max: 1.79
Current: 0.86

During the past years, CH. Karnchang PCL's highest Cyclically Adjusted PS Ratio was 1.79. The lowest was 0.52. And the median was 1.06.

BKK:CK's Cyclically Adjusted PS Ratio is ranked worse than
55.92% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs BKK:CK: 0.86

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.

CH. Karnchang PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿7.239. 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 ฿21.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CH. Karnchang PCL  (BKK:CK) 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.


CH. Karnchang PCL Cyclically Adjusted PS Ratio Related Terms


CH. Karnchang PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CH. Karnchang 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.

CH. Karnchang PCL Cyclically Adjusted PS Ratio Chart

CH. Karnchang 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 1.19 1.21 1.02 0.93 0.57

CH. Karnchang 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 0.66 0.54 0.73 0.57 0.73

BKK:CK vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, CH. Karnchang 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.


CH. Karnchang PCL Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, CH. Karnchang PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:CK
87GF Score
CH. Karnchang PCL BKK:CK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CH. Karnchang 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.

CH. Karnchang PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.30/21.31
=0.86

* 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.

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

For example, CH. Karnchang 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)
=7.239/330.2130*330.2130
=7.239

Current CPI (Mar. 2026) = 330.2130.

CH. Karnchang PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.211 241.018 16.730
201609 5.044 241.428 6.899
201612 4.461 241.432 6.101
201703 4.761 243.801 6.448
201706 7.218 244.955 9.730
201709 5.171 246.819 6.918
201712 4.059 246.524 5.437
201803 4.363 249.554 5.773
201806 4.469 251.989 5.856
201809 4.266 252.439 5.580
201812 4.198 251.233 5.518
201903 4.413 254.202 5.733
201906 3.244 256.143 4.182
201909 2.849 256.759 3.664
201912 3.079 256.974 3.957
202003 3.171 258.115 4.057
202006 2.354 257.797 3.015
202009 2.279 260.280 2.891
202012 2.175 260.474 2.757
202103 1.771 264.877 2.208
202106 1.924 271.696 2.338
202109 1.517 274.310 1.826
202112 2.146 278.802 2.542
202203 4.246 287.504 4.877
202206 2.096 296.311 2.336
202209 2.209 296.808 2.458
202212 2.365 296.797 2.631
202303 5.653 301.836 6.184
202306 5.459 305.109 5.908
202309 5.269 307.789 5.653
202312 5.263 306.746 5.666
202403 5.583 312.332 5.903
202406 5.435 314.175 5.712
202409 5.538 315.301 5.800
202412 5.561 315.605 5.818
202503 7.061 319.799 7.291
202506 6.385 322.561 6.536
202509 6.500 324.800 6.608
202512 6.199 324.054 6.317
202603 7.239 330.213 7.239

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 0.86 mean?
CH. Karnchang PCL (BKK:CK) has a Cyclically Adjusted PS Ratio of 0.86 as of Aug. 02, 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 CH. Karnchang PCL and its competitors. This is 19% below median its historical median of 1.06. Over the past decade, CH. Karnchang PCL's Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.79. According to the industry distribution chart, CH. Karnchang PCL ranks #760 out of 1359 companies in the Construction industry, placing it in the top 55.9%.
Is CH. Karnchang PCL's Cyclically Adjusted PS Ratio too high?
CH. Karnchang PCL's current Cyclically Adjusted PS Ratio of 0.86 is 19% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.79. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. CH. Karnchang PCL's value of 0.86 is 22.9% above this industry median. Based on the distribution chart, CH. Karnchang PCL ranks #760 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, CH. Karnchang PCL has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CH. Karnchang PCL's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, CH. Karnchang PCL ranks #760 out of 1359 companies for Cyclically Adjusted PS Ratio. This places CH. Karnchang PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. CH. Karnchang PCL's value of 0.86 is 22.9% above this benchmark. Historically, CH. Karnchang PCL's own Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.79 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.70, CH. Karnchang 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,359 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. CH. Karnchang PCL's current Cyclically Adjusted PS Ratio of 0.86 is 22.9% 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 CH. Karnchang PCL and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CH. Karnchang PCL's current Cyclically Adjusted PS Ratio is 0.86, which is 19% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CH. Karnchang PCL stock overvalued right now?
Based on GuruFocus' analysis, CH. Karnchang PCL (BKK:CK) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿22.52, compared to a current price of ฿18.30 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.86, which is 19% below median its 10-year median of 1.06 and 22.9% above the Construction industry median of 0.70. CH. Karnchang PCL's overall GF Score™ is 87/100 with 11 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 CH. Karnchang PCL (BKK:CK), the current Cyclically Adjusted PS Ratio is 0.86 as of Aug. 02, 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 CH. Karnchang PCL (BKK:CK) Overvalued in 2026?

Based on GuruFocus' analysis, CH. Karnchang PCL stock appears to be undervalued. The current stock price of ฿18.30 is trading 18.7% below its estimated GF Value™ of ฿22.52. GuruFocus considers CH. Karnchang PCL to be Modestly Undervalued.

Key valuation signals for BKK:CK:

  • Cyclically Adjusted PS Ratio: 0.86 (19% below median its 10-year median of 1.06)
  • GF Value™: ฿22.52 vs. price of ฿18.30 (18.7% below fair value)
  • GF Score™: 87/100 with 11 warning signs
  • Industry Position: 22.9% above the Construction median (#760 of 1359)

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


CH. Karnchang PCL Business Description

Other Exchanges NYVC:Germany
Address 587 Suthisarn Winitchai Road, Khwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CH. Karnchang PCL is engaged in the provision of construction services. Its construction services include public transport systems, airports, roads, expressways, bridges, energy, water, port systems, and buildings. The Group is principally engaged in construction and provision of related services and investment in infrastructure, and the two geographic areas in which these activities are carried on are Thailand and the Lao People's Democratic Republic.
87GF Score

Get the complete analysis for BKK:CK

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

฿18.30
Price
฿22.52
GF Value