Charoong Thai Wire & Cable PCL (BKK:CTW) Cyclically Adjusted PS Ratio: 0.32 (As of Jul. 31, 2026) — 10% Above Median

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BKK:CTW Charoong Thai Wire & Cable PCL BKK:CTW
49 GF Score
Price ฿6.15
GF Value ฿3.95
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Charoong Thai Wire & Cable PCL Cyclically Adjusted PS Ratio?

Charoong Thai Wire & Cable PCL BKK:CTW -3.15% 49 Cyclically Adjusted PS Ratio is 0.32 as of Jul. 31, 2026, which is 10% above its 10-year median of 0.29. GuruFocus rates BKK:CTW with a GF Score™ of 49/100 and a GF Value™ of ฿3.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,300 Industrial Products companies, Charoong Thai Wire & Cable PCL ranks better than 87.96% on this metric.

As of today (2026-07-31), Charoong Thai Wire & Cable PCL's current share price is ฿6.15. Charoong Thai Wire & Cable PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿19.17. Charoong Thai Wire & Cable PCL's Cyclically Adjusted PS Ratio for today is 0.32.

The historical rank and industry rank for Charoong Thai Wire & Cable PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:CTW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.29   Max: 0.5
Current: 0.34

During the past years, Charoong Thai Wire & Cable PCL's highest Cyclically Adjusted PS Ratio was 0.50. The lowest was 0.13. And the median was 0.29.

BKK:CTW's Cyclically Adjusted PS Ratio is ranked better than
87.96% of 2300 companies
in the Industrial Products industry
Industry Median: 1.695 vs BKK:CTW: 0.34

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.

Charoong Thai Wire & Cable PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿4.221. 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 ฿19.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Charoong Thai Wire & Cable PCL  (BKK:CTW) 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.


Charoong Thai Wire & Cable PCL Cyclically Adjusted PS Ratio Related Terms


Charoong Thai Wire & Cable PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Charoong Thai Wire & Cable 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.

Charoong Thai Wire & Cable PCL Cyclically Adjusted PS Ratio Chart

Charoong Thai Wire & Cable 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 0.45 0.31 0.24 0.18 0.16

Charoong Thai Wire & Cable 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 0.14 0.16 0.15 0.16 0.22

BKK:CTW vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Charoong Thai Wire & Cable 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.


Charoong Thai Wire & Cable PCL Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Charoong Thai Wire & Cable PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Charoong Thai Wire & Cable PCL's Cyclically Adjusted PS Ratio falls into.


BKK:CTW
49GF Score
Charoong Thai Wire & Cable PCL BKK:CTW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Charoong Thai Wire & Cable 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.

Charoong Thai Wire & Cable PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.15/19.17
=0.32

* 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.

Charoong Thai Wire & Cable PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Charoong Thai Wire & Cable 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)
=4.221/330.2130*330.2130
=4.221

Current CPI (Mar. 2026) = 330.2130.

Charoong Thai Wire & Cable PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.151 241.018 5.687
201609 4.219 241.428 5.771
201612 4.826 241.432 6.601
201703 3.915 243.801 5.303
201706 4.230 244.955 5.702
201709 5.837 246.819 7.809
201712 5.878 246.524 7.873
201803 4.559 249.554 6.033
201806 4.809 251.989 6.302
201809 5.011 252.439 6.555
201812 5.625 251.233 7.393
201903 3.921 254.202 5.093
201906 3.466 256.143 4.468
201909 3.831 256.759 4.927
201912 3.763 256.974 4.835
202003 2.920 258.115 3.736
202006 2.281 257.797 2.922
202009 3.025 260.280 3.838
202012 3.504 260.474 4.442
202103 3.413 264.877 4.255
202106 4.076 271.696 4.954
202109 3.447 274.310 4.149
202112 4.871 278.802 5.769
202203 3.641 287.504 4.182
202206 3.682 296.311 4.103
202209 3.913 296.808 4.353
202212 3.614 296.797 4.021
202303 3.034 301.836 3.319
202306 3.254 305.109 3.522
202309 3.446 307.789 3.697
202312 4.870 306.746 5.243
202403 3.830 312.332 4.049
202406 3.659 314.175 3.846
202409 3.784 315.301 3.963
202412 3.757 315.605 3.931
202503 3.040 319.799 3.139
202506 3.732 322.561 3.821
202509 4.042 324.800 4.109
202512 3.664 324.054 3.734
202603 4.221 330.213 4.221

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 0.32 mean?
Charoong Thai Wire & Cable PCL (BKK:CTW) has a Cyclically Adjusted PS Ratio of 0.32 as of Jul. 31, 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 Charoong Thai Wire & Cable PCL and its competitors. This is 10% above median its historical median of 0.29. Over the past decade, Charoong Thai Wire & Cable PCL's Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.50. According to the industry distribution chart, Charoong Thai Wire & Cable PCL ranks #277 out of 2300 companies in the Industrial Products industry, placing it in the top 12%.
Is Charoong Thai Wire & Cable PCL's Cyclically Adjusted PS Ratio too high?
Charoong Thai Wire & Cable PCL's current Cyclically Adjusted PS Ratio of 0.32 is 10% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.50. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.70. Charoong Thai Wire & Cable PCL's value of 0.32 is 81.1% below this industry median. Based on the distribution chart, Charoong Thai Wire & Cable PCL ranks #277 out of 2300 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Charoong Thai Wire & Cable PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoong Thai Wire & Cable PCL's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Charoong Thai Wire & Cable PCL ranks #277 out of 2300 companies for Cyclically Adjusted PS Ratio. This places Charoong Thai Wire & Cable PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.70. Charoong Thai Wire & Cable PCL's value of 0.32 is 81.1% below this benchmark. Historically, Charoong Thai Wire & Cable PCL's own Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.50 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.70, Charoong Thai Wire & Cable 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.70, based on 2,300 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. Charoong Thai Wire & Cable PCL's current Cyclically Adjusted PS Ratio of 0.32 is 81.1% 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 Charoong Thai Wire & Cable PCL and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charoong Thai Wire & Cable PCL's current Cyclically Adjusted PS Ratio is 0.32, which is 10% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoong Thai Wire & Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL (BKK:CTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.95, compared to a current price of ฿6.15 — trading 55.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.32, which is 10% above median its 10-year median of 0.29 and 81.1% below the Industrial Products industry median of 1.70. Charoong Thai Wire & Cable PCL's overall GF Score™ is 49/100 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 Charoong Thai Wire & Cable PCL (BKK:CTW), the current Cyclically Adjusted PS Ratio is 0.32 as of Jul. 31, 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 Charoong Thai Wire & Cable PCL (BKK:CTW) Overvalued in 2026?

Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL stock appears to be overvalued. The current stock price of ฿6.15 is trading 55.7% above its estimated GF Value™ of ฿3.95. GuruFocus considers Charoong Thai Wire & Cable PCL to be Significantly Overvalued.

Key valuation signals for BKK:CTW:

  • Cyclically Adjusted PS Ratio: 0.32 (10% above median its 10-year median of 0.29)
  • GF Value™: ฿3.95 vs. price of ฿6.15 (55.7% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 81.1% below the Industrial Products median (#277 of 2300)

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


Charoong Thai Wire & Cable PCL Business Description

Address Debaratana Road, 589/71 Central City Tower, 12A Floor, North Bangna, Bangna, Bangkok, THA, 10260
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment, which consists of aluminum conductor power cable, copper conductor power cable, and high voltage power cable; the communication cable segment, enameled and non-enameled wire segment, which consists of enameled copper wire, enameled aluminum wire, and non-enameled copper wire; and the fiber optic cable segment. The company derives a majority of its revenue from the power cable segment. Geographically, the company operates in Thailand, Vietnam, Hong Kong Special Administrative Region of the People's Republic of China, the Republic of the Union of Myanmar, and Other regions.
49GF Score

Get the complete analysis for BKK:CTW

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

฿6.15
Price
฿3.95
GF Value