D.T.C. Industries PCL (BKK:DTCI) Cyclically Adjusted PS Ratio: 0.83 (As of Aug. 12, 2026) — 26% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:DTCI D.T.C. Industries PCL BKK:DTCI
56 GF Score
Price ฿17.70
GF Value ฿23.15
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is D.T.C. Industries PCL Cyclically Adjusted PS Ratio?

D.T.C. Industries PCL BKK:DTCI 56 Cyclically Adjusted PS Ratio is 0.83 as of Aug. 12, 2026, which is 26% below its 10-year median of 1.12. GuruFocus rates BKK:DTCI with a GF Score™ of 56/100 and a GF Value™ of ฿23.15 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,295 Industrial Products companies, D.T.C. Industries PCL ranks better than 70.89% on this metric.

As of today (2026-08-12), D.T.C. Industries PCL's current share price is ฿17.70. D.T.C. Industries PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿21.24. D.T.C. Industries PCL's Cyclically Adjusted PS Ratio for today is 0.83.

The historical rank and industry rank for D.T.C. Industries PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:DTCI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.12   Max: 2.03
Current: 0.83

During the past years, D.T.C. Industries PCL's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 0.71. And the median was 1.12.

BKK:DTCI's Cyclically Adjusted PS Ratio is ranked better than
70.89% of 2295 companies
in the Industrial Products industry
Industry Median: 1.82 vs BKK:DTCI: 0.83

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.

D.T.C. Industries PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿2.382. 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 ฿21.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


D.T.C. Industries PCL  (BKK:DTCI) 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.


D.T.C. Industries PCL Cyclically Adjusted PS Ratio Related Terms


D.T.C. Industries PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for D.T.C. Industries 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.

D.T.C. Industries PCL Cyclically Adjusted PS Ratio Chart

D.T.C. Industries 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 1.11 1.22 1.34 1.42 0.92

D.T.C. Industries 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 1.10 1.15 1.13 0.92 0.89

D.T.C. Industries PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, D.T.C. Industries 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.


D.T.C. Industries PCL Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, D.T.C. Industries PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where D.T.C. Industries PCL's Cyclically Adjusted PS Ratio falls into.


BKK:DTCI
56GF Score
D.T.C. Industries PCL BKK:DTCI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

D.T.C. Industries 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.

D.T.C. Industries PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.70/21.24
=0.83

* 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.

D.T.C. Industries PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, D.T.C. Industries 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)
=2.382/330.2130*330.2130
=2.382

Current CPI (Mar. 2026) = 330.2130.

D.T.C. Industries PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.226 241.018 9.900
201609 5.523 241.428 7.554
201612 6.041 241.432 8.262
201703 5.223 243.801 7.074
201706 6.585 244.955 8.877
201709 5.805 246.819 7.766
201712 5.906 246.524 7.911
201803 5.001 249.554 6.617
201806 6.310 251.989 8.269
201809 5.699 252.439 7.455
201812 5.006 251.233 6.580
201903 4.470 254.202 5.807
201906 5.444 256.143 7.018
201909 4.930 256.759 6.340
201912 4.799 256.974 6.167
202003 4.059 258.115 5.193
202006 2.727 257.797 3.493
202009 5.262 260.280 6.676
202012 4.985 260.474 6.320
202103 3.979 264.877 4.960
202106 3.796 271.696 4.614
202109 2.593 274.310 3.121
202112 3.698 278.802 4.380
202203 2.944 287.504 3.381
202206 3.942 296.311 4.393
202209 4.355 296.808 4.845
202212 4.450 296.797 4.951
202303 3.391 301.836 3.710
202306 4.173 305.109 4.516
202309 3.364 307.789 3.609
202312 3.449 306.746 3.713
202403 3.203 312.332 3.386
202406 3.756 314.175 3.948
202409 3.367 315.301 3.526
202412 3.310 315.605 3.463
202503 2.585 319.799 2.669
202506 3.379 322.561 3.459
202509 2.934 324.800 2.983
202512 3.006 324.054 3.063
202603 2.382 330.213 2.382

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 0.83 mean?
D.T.C. Industries PCL (BKK:DTCI) has a Cyclically Adjusted PS Ratio of 0.83 as of Aug. 12, 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 D.T.C. Industries PCL and its competitors. This is 26% below median its historical median of 1.12. Over the past decade, D.T.C. Industries PCL's Cyclically Adjusted PS Ratio has ranged from 0.71 to 2.03. According to the industry distribution chart, D.T.C. Industries PCL ranks #668 out of 2295 companies in the Industrial Products industry, placing it in the top 29.1%.
Is D.T.C. Industries PCL's Cyclically Adjusted PS Ratio too high?
D.T.C. Industries PCL's current Cyclically Adjusted PS Ratio of 0.83 is 26% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 2.03. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.82. D.T.C. Industries PCL's value of 0.83 is 54.4% below this industry median. Based on the distribution chart, D.T.C. Industries PCL ranks #668 out of 2295 companies in the Industrial Products industry, which is above the industry midpoint. Overall, D.T.C. Industries PCL has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does D.T.C. Industries PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Industrial Products industry distribution chart, D.T.C. Industries PCL ranks #668 out of 2295 companies for Cyclically Adjusted PS Ratio. This puts D.T.C. Industries PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. D.T.C. Industries PCL's value of 0.83 is 54.4% below this benchmark. Historically, D.T.C. Industries PCL's own Cyclically Adjusted PS Ratio has ranged from 0.71 to 2.03 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.82, D.T.C. Industries 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 1.82, based on 2,295 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. D.T.C. Industries PCL's current Cyclically Adjusted PS Ratio of 0.83 is 54.4% 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 D.T.C. Industries PCL and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D.T.C. Industries PCL's current Cyclically Adjusted PS Ratio is 0.83, which is 26% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D.T.C. Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, D.T.C. Industries PCL (BKK:DTCI) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿23.15, compared to a current price of ฿17.70 — trading 23.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.83, which is 26% below median its 10-year median of 1.12 and 54.4% below the Industrial Products industry median of 1.82. D.T.C. Industries PCL's overall GF Score™ is 56/100 with 2 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 D.T.C. Industries PCL (BKK:DTCI), the current Cyclically Adjusted PS Ratio is 0.83 as of Aug. 12, 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 D.T.C. Industries PCL (BKK:DTCI) Overvalued in 2026?

Based on GuruFocus' analysis, D.T.C. Industries PCL stock appears to be undervalued. The current stock price of ฿17.70 is trading 23.5% below its estimated GF Value™ of ฿23.15. GuruFocus considers D.T.C. Industries PCL to be Modestly Undervalued.

Key valuation signals for BKK:DTCI:

  • Cyclically Adjusted PS Ratio: 0.83 (26% below median its 10-year median of 1.12)
  • GF Value™: ฿23.15 vs. price of ฿17.70 (23.5% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 54.4% below the Industrial Products median (#668 of 2295)

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


D.T.C. Industries PCL Business Description

Address Sukhumvit 64, Sukhumvit Road, 176 D.T.C. Building, Bangchak, Prakhanong, Bangkok, THA, 10260
D.T.C. Industries PCL is engaged in the production and trading of pens and related products. Its product offerings include Ballpoint pens, Markers, Wooden pencils, Fine liner and Hi-liter, Retractable pencils, Stamp pads, Endorsing ink, Erasers, Wax crayons, and Metal pens. The segments of the group are the Production and trading of pens and related products, which is the key revenue-generating segment, and the Rental space.
56GF Score

Get the complete analysis for BKK:DTCI

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

฿17.70
Price
฿23.15
GF Value