Eastern Water Resources Development and Management PCL (BKK:EASTW) Cyclically Adjusted PS Ratio: 1.84 (As of Aug. 12, 2026) — 47% Below Median

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BKK:EASTW Eastern Water Resources Development and Management PCL BKK:EASTW
51 GF Score
Price ฿5.60
GF Value ฿2.40
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Eastern Water Resources Development and Management PCL Cyclically Adjusted PS Ratio?

Eastern Water Resources Development and Management PCL BKK:EASTW +1.82% 51 Cyclically Adjusted PS Ratio is 1.84 as of Aug. 12, 2026, which is 47% below its 10-year median of 3.46. GuruFocus rates BKK:EASTW with a GF Score™ of 51/100 and a GF Value™ of ฿2.40 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 440 Utilities - Regulated companies, Eastern Water Resources Development and Management PCL ranks worse than 59.55% on this metric.

As of today (2026-08-12), Eastern Water Resources Development and Management PCL's current share price is ฿5.60. Eastern Water Resources Development and Management PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿3.05. Eastern Water Resources Development and Management PCL's Cyclically Adjusted PS Ratio for today is 1.84.

The historical rank and industry rank for Eastern Water Resources Development and Management PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:EASTW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 3.46   Max: 5.48
Current: 1.8

During the past years, Eastern Water Resources Development and Management PCL's highest Cyclically Adjusted PS Ratio was 5.48. The lowest was 0.51. And the median was 3.46.

BKK:EASTW's Cyclically Adjusted PS Ratio is ranked worse than
59.55% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs BKK:EASTW: 1.80

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.

Eastern Water Resources Development and Management PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.558. 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 ฿3.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastern Water Resources Development and Management PCL  (BKK:EASTW) 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.


Eastern Water Resources Development and Management PCL Cyclically Adjusted PS Ratio Related Terms


Eastern Water Resources Development and Management PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eastern Water Resources Development and Management 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.

Eastern Water Resources Development and Management PCL Cyclically Adjusted PS Ratio Chart

Eastern Water Resources Development and Management 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 3.21 1.74 1.35 0.88 0.65

Eastern Water Resources Development and Management 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 0.65 0.52 0.88 0.65 1.00

BKK:EASTW vs AWK, WTRG, AWR: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Water subindustry, Eastern Water Resources Development and Management 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.


Eastern Water Resources Development and Management PCL Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eastern Water Resources Development and Management PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Eastern Water Resources Development and Management PCL's Cyclically Adjusted PS Ratio falls into.


BKK:EASTW
51GF Score
Eastern Water Resources Development and Management PCL BKK:EASTW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eastern Water Resources Development and Management 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.

Eastern Water Resources Development and Management PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.60/3.05
=1.84

* 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.

Eastern Water Resources Development and Management PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Eastern Water Resources Development and Management 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)
=0.558/330.2130*330.2130
=0.558

Current CPI (Mar. 2026) = 330.2130.

Eastern Water Resources Development and Management PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.665 241.018 0.911
201609 0.677 241.428 0.926
201612 0.620 241.432 0.848
201703 0.703 243.801 0.952
201706 0.657 244.955 0.886
201709 0.602 246.819 0.805
201712 0.625 246.524 0.837
201803 0.622 249.554 0.823
201806 0.641 251.989 0.840
201809 0.646 252.439 0.845
201812 0.630 251.233 0.828
201903 0.716 254.202 0.930
201906 0.715 256.143 0.922
201909 0.708 256.759 0.911
201912 0.697 256.974 0.896
202003 0.699 258.115 0.894
202006 0.598 257.797 0.766
202009 0.565 260.280 0.717
202012 0.632 260.474 0.801
202103 0.731 264.877 0.911
202106 0.737 271.696 0.896
202109 0.685 274.310 0.825
202112 0.639 278.802 0.757
202203 0.677 287.504 0.778
202206 0.681 296.311 0.759
202209 0.580 296.808 0.645
202212 0.563 296.797 0.626
202303 0.672 301.836 0.735
202306 0.677 305.109 0.733
202309 0.678 307.789 0.727
202312 0.547 306.746 0.589
202403 0.648 312.332 0.685
202406 0.679 314.175 0.714
202409 0.590 315.301 0.618
202412 0.506 315.605 0.529
202503 0.599 319.799 0.619
202506 0.580 322.561 0.594
202509 0.530 324.800 0.539
202512 0.365 324.054 0.372
202603 0.558 330.213 0.558

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 1.84 mean?
Eastern Water Resources Development and Management PCL (BKK:EASTW) has a Cyclically Adjusted PS Ratio of 1.84 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 Eastern Water Resources Development and Management PCL and its competitors. This is 47% below median its historical median of 3.46. Over the past decade, Eastern Water Resources Development and Management PCL's Cyclically Adjusted PS Ratio has ranged from 0.51 to 5.48. According to the industry distribution chart, Eastern Water Resources Development and Management PCL ranks #262 out of 440 companies in the Utilities - Regulated industry, placing it in the top 59.5%.
Is Eastern Water Resources Development and Management PCL's Cyclically Adjusted PS Ratio too high?
Eastern Water Resources Development and Management PCL's current Cyclically Adjusted PS Ratio of 1.84 is 47% below median its 10-year median of 3.46. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 5.48. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.41. Eastern Water Resources Development and Management PCL's value of 1.84 is 30.5% above this industry median. Based on the distribution chart, Eastern Water Resources Development and Management PCL ranks #262 out of 440 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Eastern Water Resources Development and Management PCL has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eastern Water Resources Development and Management PCL's Cyclically Adjusted PS Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Eastern Water Resources Development and Management PCL ranks #262 out of 440 companies for Cyclically Adjusted PS Ratio. This places Eastern Water Resources Development and Management PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Eastern Water Resources Development and Management PCL's value of 1.84 is 30.5% above this benchmark. Historically, Eastern Water Resources Development and Management PCL's own Cyclically Adjusted PS Ratio has ranged from 0.51 to 5.48 over the past decade. While the company's 10-year median is 3.46 vs. the industry median of 1.41, Eastern Water Resources Development and Management 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 an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.41, based on 440 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. Eastern Water Resources Development and Management PCL's current Cyclically Adjusted PS Ratio of 1.84 is 30.5% 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 Eastern Water Resources Development and Management PCL and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Water Resources Development and Management PCL's current Cyclically Adjusted PS Ratio is 1.84, which is 47% below median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Water Resources Development and Management PCL stock overvalued right now?
Based on GuruFocus' analysis, Eastern Water Resources Development and Management PCL (BKK:EASTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿2.40, compared to a current price of ฿5.60 — trading 133.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.84, which is 47% below median its 10-year median of 3.46 and 30.5% above the Utilities - Regulated industry median of 1.41. Eastern Water Resources Development and Management PCL's overall GF Score™ is 51/100 with 12 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 Eastern Water Resources Development and Management PCL (BKK:EASTW), the current Cyclically Adjusted PS Ratio is 1.84 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 Eastern Water Resources Development and Management PCL (BKK:EASTW) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Water Resources Development and Management PCL stock appears to be overvalued. The current stock price of ฿5.60 is trading 133.3% above its estimated GF Value™ of ฿2.40. GuruFocus considers Eastern Water Resources Development and Management PCL to be Significantly Overvalued.

Key valuation signals for BKK:EASTW:

  • Cyclically Adjusted PS Ratio: 1.84 (47% below median its 10-year median of 3.46)
  • GF Value™: ฿2.40 vs. price of ฿5.60 (133.3% above fair value)
  • GF Score™: 51/100 with 12 warning signs
  • Industry Position: 30.5% above the Utilities - Regulated median (#262 of 440)

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


Eastern Water Resources Development and Management PCL Business Description

Other Exchanges 7ES1:Germany
Address No. 1 Soi Vipavadeerangsit 5, Vipavadeerangsit Road, 23rd - 26th Floors, East Water Building, Jomphol Sub-district, Chatujak District, Bangkok, THA, 10900
Eastern Water Resources Development and Management PCL is a Thailand-based water utilities company. The business operations of the company are the development and management of the water distribution pipeline systems in the Eastern Seaboard area of Thailand, the supply of raw water, production and supply of tap water. The segment of the business comprises the supply of raw water, production and supply of tap water, supply of industrial water business, waterworks management, engineering services, and others.
51GF Score

Get the complete analysis for BKK:EASTW

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

฿5.60
Price
฿2.40
GF Value