Chaopraya Mahanakorn PCL (BKK:CMC) Cyclically Adjusted PS Ratio: 0.26 (As of Jul. 30, 2026) — Near Median

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BKK:CMC Chaopraya Mahanakorn PCL BKK:CMC
35 GF Score
Price ฿0.43
GF Value ฿0.76
Valuation Possible Value Trap
! 5 Warning Signs
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What is Chaopraya Mahanakorn PCL Cyclically Adjusted PS Ratio?

Chaopraya Mahanakorn PCL BKK:CMC 35 Cyclically Adjusted PS Ratio is 0.26 as of Jul. 30, 2026, which is 7% below its 10-year median of 0.28. GuruFocus rates BKK:CMC with a GF Score™ of 35/100 and a GF Value™ of ฿0.76 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,355 Real Estate companies, Chaopraya Mahanakorn PCL ranks better than 87.45% on this metric.

As of today (2026-07-30), Chaopraya Mahanakorn PCL's current share price is ฿0.43. Chaopraya Mahanakorn PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿1.64. Chaopraya Mahanakorn PCL's Cyclically Adjusted PS Ratio for today is 0.26.

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

BKK:CMC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.28   Max: 0.4
Current: 0.26

During the past years, Chaopraya Mahanakorn PCL's highest Cyclically Adjusted PS Ratio was 0.40. The lowest was 0.21. And the median was 0.28.

BKK:CMC's Cyclically Adjusted PS Ratio is ranked better than
87.45% of 1355 companies
in the Real Estate industry
Industry Median: 1.81 vs BKK:CMC: 0.26

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.

Chaopraya Mahanakorn PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.314. 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 ฿1.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chaopraya Mahanakorn PCL  (BKK:CMC) 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.


Chaopraya Mahanakorn PCL Cyclically Adjusted PS Ratio Related Terms


Chaopraya Mahanakorn PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chaopraya Mahanakorn 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.

Chaopraya Mahanakorn PCL Cyclically Adjusted PS Ratio Chart

Chaopraya Mahanakorn 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 0.00 0.00 0.00 0.00 0.30

Chaopraya Mahanakorn 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 0.00 0.00 0.47 0.30 0.24

Chaopraya Mahanakorn PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Chaopraya Mahanakorn 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.


Chaopraya Mahanakorn PCL Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Chaopraya Mahanakorn PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:CMC
35GF Score
Chaopraya Mahanakorn PCL BKK:CMC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chaopraya Mahanakorn 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.

Chaopraya Mahanakorn PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.43/1.64
=0.26

* 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.

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

For example, Chaopraya Mahanakorn 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)
=0.314/330.2130*330.2130
=0.314

Current CPI (Mar. 2026) = 330.2130.

Chaopraya Mahanakorn PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201703 0.425 243.801 0.576
201706 0.297 244.955 0.400
201709 0.317 246.819 0.424
201712 0.565 246.524 0.757
201803 0.530 249.554 0.701
201806 0.648 251.989 0.849
201809 0.644 252.439 0.842
201812 0.396 251.233 0.520
201903 0.345 254.202 0.448
201906 0.343 256.143 0.442
201909 0.282 256.759 0.363
201912 0.290 256.974 0.373
202003 0.238 258.115 0.304
202006 0.209 257.797 0.268
202009 0.260 260.280 0.330
202012 0.376 260.474 0.477
202103 0.355 264.877 0.443
202106 0.305 271.696 0.371
202109 0.184 274.310 0.221
202112 0.232 278.802 0.275
202203 0.245 287.504 0.281
202206 0.304 296.311 0.339
202209 0.400 296.808 0.445
202212 0.194 296.797 0.216
202303 0.225 301.836 0.246
202306 0.136 305.109 0.147
202309 0.493 307.789 0.529
202312 0.290 306.746 0.312
202403 0.365 312.332 0.386
202406 0.427 314.175 0.449
202409 0.473 315.301 0.495
202412 0.523 315.605 0.547
202503 0.270 319.799 0.279
202506 0.253 322.561 0.259
202509 0.214 324.800 0.218
202512 0.343 324.054 0.350
202603 0.314 330.213 0.314

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 0.26 mean?
Chaopraya Mahanakorn PCL (BKK:CMC) has a Cyclically Adjusted PS Ratio of 0.26 as of Jul. 30, 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 Chaopraya Mahanakorn PCL and its competitors. This is near median its historical median of 0.28. Over the past decade, Chaopraya Mahanakorn PCL's Cyclically Adjusted PS Ratio has ranged from 0.21 to 0.40. According to the industry distribution chart, Chaopraya Mahanakorn PCL ranks #170 out of 1355 companies in the Real Estate industry, placing it in the top 12.5%.
Is Chaopraya Mahanakorn PCL's Cyclically Adjusted PS Ratio too high?
Chaopraya Mahanakorn PCL's current Cyclically Adjusted PS Ratio of 0.26 is near median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.40. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.81. Chaopraya Mahanakorn PCL's value of 0.26 is 85.6% below this industry median. Based on the distribution chart, Chaopraya Mahanakorn PCL ranks #170 out of 1355 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Chaopraya Mahanakorn PCL has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chaopraya Mahanakorn PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Chaopraya Mahanakorn PCL ranks #170 out of 1355 companies for Cyclically Adjusted PS Ratio. This places Chaopraya Mahanakorn PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.81. Chaopraya Mahanakorn PCL's value of 0.26 is 85.6% below this benchmark. Historically, Chaopraya Mahanakorn PCL's own Cyclically Adjusted PS Ratio has ranged from 0.21 to 0.40 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 1.81, Chaopraya Mahanakorn 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.81, based on 1,355 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. Chaopraya Mahanakorn PCL's current Cyclically Adjusted PS Ratio of 0.26 is 85.6% 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 Chaopraya Mahanakorn PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chaopraya Mahanakorn PCL's current Cyclically Adjusted PS Ratio is 0.26, which is near median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaopraya Mahanakorn PCL stock overvalued right now?
Based on GuruFocus' analysis, Chaopraya Mahanakorn PCL (BKK:CMC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.76, compared to a current price of ฿0.43 — trading 43.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.26, which is near median its 10-year median of 0.28 and 85.6% below the Real Estate industry median of 1.81. Chaopraya Mahanakorn PCL's overall GF Score™ is 35/100 with 5 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 Chaopraya Mahanakorn PCL (BKK:CMC), the current Cyclically Adjusted PS Ratio is 0.26 as of Jul. 30, 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 Chaopraya Mahanakorn PCL (BKK:CMC) Overvalued in 2026?

Based on GuruFocus' analysis, Chaopraya Mahanakorn PCL stock appears to be undervalued. The current stock price of ฿0.43 is trading 43.4% below its estimated GF Value™ of ฿0.76. GuruFocus considers Chaopraya Mahanakorn PCL to be Possible Value Trap.

Key valuation signals for BKK:CMC:

  • Cyclically Adjusted PS Ratio: 0.26 (near median its 10-year median of 0.28)
  • GF Value™: ฿0.76 vs. price of ฿0.43 (43.4% below fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 85.6% below the Real Estate median (#170 of 1355)

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


Chaopraya Mahanakorn PCL Business Description

Address Somdet Phra chao Taksin Road, No. 909/1, CMC Tower Building, Floor 6, Room 601-602, Dao Khanong Subdistrict, Thon Buri District, Bangkok, THA, 10600
Chaopraya Mahanakorn PCL is a real estate development company engaged in the development of real estate for sale, providing construction services and providing rental and services. Its reportable segments are property development, construction, services and Other businesses. It generates a majority of its revenue from the property development segment.
35GF Score

Get the complete analysis for BKK:CMC

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

฿0.43
Price
฿0.76
GF Value