Dusit Thani PCL (BKK:DUSIT) Cyclically Adjusted PS Ratio: 1.63 (As of Aug. 08, 2026) — Near 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:DUSIT Dusit Thani PCL BKK:DUSIT
70 GF Score
Price ฿11.60
GF Value ฿14.96
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Dusit Thani PCL Cyclically Adjusted PS Ratio?

Dusit Thani PCL BKK:DUSIT +1.75% 70 Cyclically Adjusted PS Ratio is 1.63 as of Aug. 08, 2026, which is 8% below its 10-year median of 1.78. GuruFocus rates BKK:DUSIT with a GF Score™ of 70/100 and a GF Value™ of ฿14.96 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 671 Travel & Leisure companies, Dusit Thani PCL ranks worse than 57.38% on this metric.

As of today (2026-08-08), Dusit Thani PCL's current share price is ฿11.60. Dusit Thani PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿7.11. Dusit Thani PCL's Cyclically Adjusted PS Ratio for today is 1.63.

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

BKK:DUSIT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.78   Max: 3.17
Current: 1.6

During the past years, Dusit Thani PCL's highest Cyclically Adjusted PS Ratio was 3.17. The lowest was 1.10. And the median was 1.78.

BKK:DUSIT's Cyclically Adjusted PS Ratio is ranked worse than
57.38% of 671 companies
in the Travel & Leisure industry
Industry Median: 1.29 vs BKK:DUSIT: 1.60

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.

Dusit Thani PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿3.431. 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 ฿7.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dusit Thani PCL  (BKK:DUSIT) 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.


Dusit Thani PCL Cyclically Adjusted PS Ratio Related Terms


Dusit Thani PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dusit Thani 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.

Dusit Thani PCL Cyclically Adjusted PS Ratio Chart

Dusit Thani 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 1.79 1.90 1.46 1.61 1.58

Dusit Thani 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 1.30 1.19 1.83 1.58 1.43

BKK:DUSIT vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, Dusit Thani 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.


Dusit Thani PCL Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dusit Thani PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:DUSIT
70GF Score
Dusit Thani PCL BKK:DUSIT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dusit Thani 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.

Dusit Thani PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.60/7.11
=1.63

* 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.

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

For example, Dusit Thani 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)
=3.431/330.2130*330.2130
=3.431

Current CPI (Mar. 2026) = 330.2130.

Dusit Thani PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.282 241.018 1.756
201609 1.321 241.428 1.807
201612 1.511 241.432 2.067
201703 1.637 243.801 2.217
201706 1.178 244.955 1.588
201709 1.226 246.819 1.640
201712 1.546 246.524 2.071
201803 1.649 249.554 2.182
201806 1.139 251.989 1.493
201809 1.186 252.439 1.551
201812 1.498 251.233 1.969
201903 1.496 254.202 1.943
201906 1.079 256.143 1.391
201909 1.037 256.759 1.334
201912 1.348 256.974 1.732
202003 1.191 258.115 1.524
202006 0.212 257.797 0.272
202009 0.476 260.280 0.604
202012 0.809 260.474 1.026
202103 0.758 264.877 0.945
202106 0.445 271.696 0.541
202109 0.515 274.310 0.620
202112 0.877 278.802 1.039
202203 1.014 287.504 1.165
202206 1.042 296.311 1.161
202209 1.185 296.808 1.318
202212 1.601 296.797 1.781
202303 1.742 301.836 1.906
202306 1.326 305.109 1.435
202309 1.397 307.789 1.499
202312 1.896 306.746 2.041
202403 2.142 312.332 2.265
202406 1.623 314.175 1.706
202409 1.490 315.301 1.560
202412 6.704 315.605 7.014
202503 2.497 319.799 2.578
202506 1.743 322.561 1.784
202509 1.791 324.800 1.821
202512 3.257 324.054 3.319
202603 3.431 330.213 3.431

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 1.63 mean?
Dusit Thani PCL (BKK:DUSIT) has a Cyclically Adjusted PS Ratio of 1.63 as of Aug. 08, 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 Dusit Thani PCL and its competitors. This is near median its historical median of 1.78. Over the past decade, Dusit Thani PCL's Cyclically Adjusted PS Ratio has ranged from 1.10 to 3.17. According to the industry distribution chart, Dusit Thani PCL ranks #385 out of 671 companies in the Travel & Leisure industry, placing it in the top 57.4%.
Is Dusit Thani PCL's Cyclically Adjusted PS Ratio too high?
Dusit Thani PCL's current Cyclically Adjusted PS Ratio of 1.63 is near median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 3.17. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.29. Dusit Thani PCL's value of 1.63 is 26.4% above this industry median. Based on the distribution chart, Dusit Thani PCL ranks #385 out of 671 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Dusit Thani PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dusit Thani PCL's Cyclically Adjusted PS Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Dusit Thani PCL ranks #385 out of 671 companies for Cyclically Adjusted PS Ratio. This places Dusit Thani PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Dusit Thani PCL's value of 1.63 is 26.4% above this benchmark. Historically, Dusit Thani PCL's own Cyclically Adjusted PS Ratio has ranged from 1.10 to 3.17 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 1.29, Dusit Thani 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 a Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.29, based on 671 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. Dusit Thani PCL's current Cyclically Adjusted PS Ratio of 1.63 is 26.4% 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 Dusit Thani PCL and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dusit Thani PCL's current Cyclically Adjusted PS Ratio is 1.63, which is near median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dusit Thani PCL stock overvalued right now?
Based on GuruFocus' analysis, Dusit Thani PCL (BKK:DUSIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿14.96, compared to a current price of ฿11.60 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.63, which is near median its 10-year median of 1.78 and 26.4% above the Travel & Leisure industry median of 1.29. Dusit Thani PCL's overall GF Score™ is 70/100 with 7 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 Dusit Thani PCL (BKK:DUSIT), the current Cyclically Adjusted PS Ratio is 1.63 as of Aug. 08, 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 Dusit Thani PCL (BKK:DUSIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dusit Thani PCL stock appears to be undervalued. The current stock price of ฿11.60 is trading 22.5% below its estimated GF Value™ of ฿14.96. GuruFocus considers Dusit Thani PCL to be Modestly Undervalued.

Key valuation signals for BKK:DUSIT:

  • Cyclically Adjusted PS Ratio: 1.63 (near median its 10-year median of 1.78)
  • GF Value™: ฿14.96 vs. price of ฿11.60 (22.5% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 26.4% above the Travel & Leisure median (#385 of 671)

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


Dusit Thani PCL Business Description

Address Phayathai Roadvai, 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani PCL is engaged in the operation of hotel business, hotel management, education, food and real estate development. Its segments include Hotel and hotel management, Education, Foods, Real estate development, and Others. The majority of the revenue is derived from Hotel and hotel management segment. Geographically it operates in Thailand and Overseas.
70GF Score

Get the complete analysis for BKK:DUSIT

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

฿11.60
Price
฿14.96
GF Value