CK Power PCL (BKK:CKP) Cyclically Adjusted PS Ratio: 1.95 (As of Aug. 03, 2026) — 30% Below Median

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BKK:CKP CK Power PCL BKK:CKP
72 GF Score
Price ฿2.58
GF Value ฿2.95
Valuation Modestly Undervalued
! 8 Warning Signs
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What is CK Power PCL Cyclically Adjusted PS Ratio?

CK Power PCL BKK:CKP +1.57% 72 Cyclically Adjusted PS Ratio is 1.95 as of Aug. 03, 2026, which is 30% below its 10-year median of 2.80. GuruFocus rates BKK:CKP with a GF Score™ of 72/100 and a GF Value™ of ฿2.95 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, CK Power PCL ranks worse than 53.7% on this metric.

As of today (2026-08-03), CK Power PCL's current share price is ฿2.58. CK Power PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿1.32. CK Power PCL's Cyclically Adjusted PS Ratio for today is 1.95.

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

BKK:CKP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.8   Max: 4.83
Current: 1.92

During the past years, CK Power PCL's highest Cyclically Adjusted PS Ratio was 4.83. The lowest was 1.64. And the median was 2.80.

BKK:CKP's Cyclically Adjusted PS Ratio is ranked worse than
53.7% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.67 vs BKK:CKP: 1.92

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.

CK Power PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.229. 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 ฿1.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CK Power PCL  (BKK:CKP) 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.


CK Power PCL Cyclically Adjusted PS Ratio Related Terms


CK Power PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CK Power 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.

CK Power PCL Cyclically Adjusted PS Ratio Chart

CK Power 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 4.35 3.62 2.53 2.49 1.86

CK Power 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 1.92 1.71 2.07 1.86 1.76

BKK:CKP vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, CK Power 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.


CK Power PCL Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CK Power PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:CKP
72GF Score
CK Power PCL BKK:CKP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CK Power 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.

CK Power PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.58/1.32
=1.95

* 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.

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

For example, CK Power 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)
=0.229/330.2130*330.2130
=0.229

Current CPI (Mar. 2026) = 330.2130.

CK Power PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.209 241.018 0.286
201609 0.245 241.428 0.335
201612 0.192 241.432 0.263
201703 0.184 243.801 0.249
201706 0.184 244.955 0.248
201709 0.309 246.819 0.413
201712 0.256 246.524 0.343
201803 0.247 249.554 0.327
201806 0.266 251.989 0.349
201809 0.403 252.439 0.527
201812 0.314 251.233 0.413
201903 0.326 254.202 0.423
201906 0.295 256.143 0.380
201909 0.229 256.759 0.295
201912 0.241 256.974 0.310
202003 0.201 258.115 0.257
202006 0.210 257.797 0.269
202009 0.248 260.280 0.315
202012 0.164 260.474 0.208
202103 0.244 264.877 0.304
202106 0.268 271.696 0.326
202109 0.295 274.310 0.355
202112 0.275 278.802 0.326
202203 0.297 287.504 0.341
202206 0.311 296.311 0.347
202209 0.414 296.808 0.461
202212 0.319 296.797 0.355
202303 0.314 301.836 0.344
202306 0.291 305.109 0.315
202309 0.305 307.789 0.327
202312 0.355 306.746 0.382
202403 0.289 312.332 0.306
202406 0.304 314.175 0.320
202409 0.339 315.301 0.355
202412 0.324 315.605 0.339
202503 0.280 319.799 0.289
202506 0.311 322.561 0.318
202509 0.360 324.800 0.366
202512 0.292 324.054 0.298
202603 0.229 330.213 0.229

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 1.95 mean?
CK Power PCL (BKK:CKP) has a Cyclically Adjusted PS Ratio of 1.95 as of Aug. 03, 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 CK Power PCL and its competitors. This is 30% below median its historical median of 2.80. Over the past decade, CK Power PCL's Cyclically Adjusted PS Ratio has ranged from 1.64 to 4.83. According to the industry distribution chart, CK Power PCL ranks #145 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 53.7%.
Is CK Power PCL's Cyclically Adjusted PS Ratio too high?
CK Power PCL's current Cyclically Adjusted PS Ratio of 1.95 is 30% below median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 4.83. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.67. CK Power PCL's value of 1.95 is 16.8% above this industry median. Based on the distribution chart, CK Power PCL ranks #145 out of 270 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, CK Power PCL has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CK Power PCL's Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CK Power PCL ranks #145 out of 270 companies for Cyclically Adjusted PS Ratio. This places CK Power PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. CK Power PCL's value of 1.95 is 16.8% above this benchmark. Historically, CK Power PCL's own Cyclically Adjusted PS Ratio has ranged from 1.64 to 4.83 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 1.67, CK Power 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.67, based on 270 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. CK Power PCL's current Cyclically Adjusted PS Ratio of 1.95 is 16.8% 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 CK Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CK Power PCL's current Cyclically Adjusted PS Ratio is 1.95, which is 30% below median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CK Power PCL stock overvalued right now?
Based on GuruFocus' analysis, CK Power PCL (BKK:CKP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.95, compared to a current price of ฿2.58 — trading 12.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.95, which is 30% below median its 10-year median of 2.80 and 16.8% above the Utilities - Independent Power Producers industry median of 1.67. CK Power PCL's overall GF Score™ is 72/100 with 8 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 CK Power PCL (BKK:CKP), the current Cyclically Adjusted PS Ratio is 1.95 as of Aug. 03, 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 CK Power PCL (BKK:CKP) Overvalued in 2026?

Based on GuruFocus' analysis, CK Power PCL stock appears to be undervalued. The current stock price of ฿2.58 is trading 12.5% below its estimated GF Value™ of ฿2.95. GuruFocus considers CK Power PCL to be Modestly Undervalued.

Key valuation signals for BKK:CKP:

  • Cyclically Adjusted PS Ratio: 1.95 (30% below median its 10-year median of 2.80)
  • GF Value™: ฿2.95 vs. price of ฿2.58 (12.5% below fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 16.8% above the Utilities - Independent Power Producers median (#145 of 270)

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


CK Power PCL Business Description

Address Sutthisarn Road, No. 587 Viriyathavorn Building, 19th Floor, Kwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CK Power PCL principally engaged in investment in companies, whose principal business operation is the generation of electricity for sales, and provision of consulting services and other services relating to electricity generating projects both locally and overseas. The company's business segments are: generation of electricity from hydroelectric power, generation of electricity from solar power, and generation of electricity from thermal power, and other segments. The majority of revenue is from generation of electricity from thermal power.
72GF Score

Get the complete analysis for BKK:CKP

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

฿2.58
Price
฿2.95
GF Value