CK Power PCL (BKK:CKP-R) Cyclically Adjusted PS Ratio: (As of Sep. 12, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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BKK:CKP-R CK Power PCL BKK:CKP-R
70 GF Score
Price ฿2.30
GF Value ฿2.59
! 8 Warning Signs
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What is CK Power PCL Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


CK Power PCL  (BKK:CKP-R) 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
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 1.71 2.07 1.86 1.76 1.78

BKK:CKP-R 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-R
70GF Score
CK Power PCL BKK:CKP-R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, CK Power 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)
=0.28/333.9520*333.9520
=0.280

Current CPI (Jun. 2026) = 333.9520.

CK Power PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.245 241.428 0.339
201612 0.192 241.432 0.266
201703 0.184 243.801 0.252
201706 0.184 244.955 0.251
201709 0.309 246.819 0.418
201712 0.256 246.524 0.347
201803 0.247 249.554 0.331
201806 0.266 251.989 0.353
201809 0.403 252.439 0.533
201812 0.314 251.233 0.417
201903 0.326 254.202 0.428
201906 0.295 256.143 0.385
201909 0.229 256.759 0.298
201912 0.241 256.974 0.313
202003 0.201 258.115 0.260
202006 0.210 257.797 0.272
202009 0.248 260.280 0.318
202012 0.164 260.474 0.210
202103 0.244 264.877 0.308
202106 0.268 271.696 0.329
202109 0.295 274.310 0.359
202112 0.275 278.802 0.329
202203 0.297 287.504 0.345
202206 0.311 296.311 0.351
202209 0.414 296.808 0.466
202212 0.319 296.797 0.359
202303 0.314 301.836 0.347
202306 0.291 305.109 0.319
202309 0.305 307.789 0.331
202312 0.355 306.746 0.386
202403 0.289 312.332 0.309
202406 0.304 314.175 0.323
202409 0.339 315.301 0.359
202412 0.324 315.605 0.343
202503 0.280 319.799 0.292
202506 0.311 322.561 0.322
202509 0.360 324.800 0.370
202512 0.292 324.054 0.301
202603 0.229 330.213 0.232
202606 0.280 333.952 0.280

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 CK Power PCL (BKK:CKP-R) Overvalued in 2026?

Based on GuruFocus' analysis, CK Power PCL stock appears to be undervalued. The current stock price of ฿2.30 is trading 11.2% below its estimated GF Value™ of ฿2.59.

Key valuation signals for BKK:CKP-R:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ฿2.59 vs. price of ฿2.30 (11.2% below fair value)
  • GF Score™: 70/100 with 8 warning signs

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


CK Power PCL Business Description

Other Exchanges CKP:Thailand
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.
70GF Score

Get the complete analysis for BKK:CKP-R

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

฿2.30
Price
฿2.59
GF Value