Eastern Star Real Estate PCL (BKK:ESTAR) Cyclically Adjusted PS Ratio: 0.57 (As of Jul. 20, 2026) — 37% Below Median

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BKK:ESTAR Eastern Star Real Estate PCL BKK:ESTAR
46 GF Score
Price ฿0.25
GF Value ฿0.35
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Eastern Star Real Estate PCL Cyclically Adjusted PS Ratio?

Eastern Star Real Estate PCL BKK:ESTAR 46 Cyclically Adjusted PS Ratio is 0.57 as of Jul. 20, 2026, which is 37% below its 10-year median of 0.90. GuruFocus rates BKK:ESTAR with a GF Score™ of 46/100 and a GF Value™ of ฿0.35 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,362 Real Estate companies, Eastern Star Real Estate PCL ranks better than 77.75% on this metric.

As of today (2026-07-20), Eastern Star Real Estate PCL's current share price is ฿0.25. Eastern Star Real Estate PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿0.44. Eastern Star Real Estate PCL's Cyclically Adjusted PS Ratio for today is 0.57.

The historical rank and industry rank for Eastern Star Real Estate PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:ESTAR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.9   Max: 3
Current: 0.57

During the past years, Eastern Star Real Estate PCL's highest Cyclically Adjusted PS Ratio was 3.00. The lowest was 0.40. And the median was 0.90.

BKK:ESTAR's Cyclically Adjusted PS Ratio is ranked better than
77.75% of 1362 companies
in the Real Estate industry
Industry Median: 1.83 vs BKK:ESTAR: 0.57

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 Star Real Estate PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.104. 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 ฿0.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastern Star Real Estate PCL  (BKK:ESTAR) 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 Star Real Estate PCL Cyclically Adjusted PS Ratio Related Terms


Eastern Star Real Estate PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eastern Star Real Estate 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 Star Real Estate PCL Cyclically Adjusted PS Ratio Chart

Eastern Star Real Estate 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 1.38 0.81 0.63 0.47 0.46

Eastern Star Real Estate 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 0.41 0.40 0.40 0.46 0.53

Eastern Star Real Estate PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Eastern Star Real Estate 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 Star Real Estate PCL Cyclically Adjusted PS Ratio vs Real Estate Industry

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

* The bar in red indicates where Eastern Star Real Estate PCL's Cyclically Adjusted PS Ratio falls into.


BKK:ESTAR
46GF Score
Eastern Star Real Estate PCL BKK:ESTAR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastern Star Real Estate 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 Star Real Estate PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.25/0.44
=0.57

* 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 Star Real Estate PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Eastern Star Real Estate 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)
=0.104/330.2130*330.2130
=0.104

Current CPI (Mar. 2026) = 330.2130.

Eastern Star Real Estate PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.145 241.018 0.199
201609 0.058 241.428 0.079
201612 0.050 241.432 0.068
201703 0.116 243.801 0.157
201706 0.152 244.955 0.205
201709 0.148 246.819 0.198
201712 0.102 246.524 0.137
201803 0.050 249.554 0.066
201806 0.048 251.989 0.063
201809 0.101 252.439 0.132
201812 0.140 251.233 0.184
201903 0.067 254.202 0.087
201906 0.052 256.143 0.067
201909 0.078 256.759 0.100
201912 0.076 256.974 0.098
202003 0.036 258.115 0.046
202006 0.128 257.797 0.164
202009 0.209 260.280 0.265
202012 0.154 260.474 0.195
202103 0.056 264.877 0.070
202106 0.061 271.696 0.074
202109 0.046 274.310 0.055
202112 0.078 278.802 0.092
202203 0.055 287.504 0.063
202206 0.095 296.311 0.106
202209 0.123 296.808 0.137
202212 0.076 296.797 0.085
202303 0.047 301.836 0.051
202306 0.069 305.109 0.075
202309 0.061 307.789 0.065
202312 0.064 306.746 0.069
202403 0.066 312.332 0.070
202406 0.031 314.175 0.033
202409 0.138 315.301 0.145
202412 0.137 315.605 0.143
202503 0.057 319.799 0.059
202506 0.069 322.561 0.071
202509 0.047 324.800 0.048
202512 0.228 324.054 0.232
202603 0.104 330.213 0.104

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 0.57 mean?
Eastern Star Real Estate PCL (BKK:ESTAR) has a Cyclically Adjusted PS Ratio of 0.57 as of Jul. 20, 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 Star Real Estate PCL and its competitors. This is 37% below median its historical median of 0.90. Over the past decade, Eastern Star Real Estate PCL's Cyclically Adjusted PS Ratio has ranged from 0.40 to 3.00. According to the industry distribution chart, Eastern Star Real Estate PCL ranks #303 out of 1362 companies in the Real Estate industry, placing it in the top 22.2%.
Is Eastern Star Real Estate PCL's Cyclically Adjusted PS Ratio too high?
Eastern Star Real Estate PCL's current Cyclically Adjusted PS Ratio of 0.57 is 37% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 3.00. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. Eastern Star Real Estate PCL's value of 0.57 is 68.9% below this industry median. Based on the distribution chart, Eastern Star Real Estate PCL ranks #303 out of 1362 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Eastern Star Real Estate PCL has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eastern Star Real Estate PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Eastern Star Real Estate PCL ranks #303 out of 1362 companies for Cyclically Adjusted PS Ratio. This places Eastern Star Real Estate PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.83. Eastern Star Real Estate PCL's value of 0.57 is 68.9% below this benchmark. Historically, Eastern Star Real Estate PCL's own Cyclically Adjusted PS Ratio has ranged from 0.40 to 3.00 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.83, Eastern Star Real Estate 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 1.83, based on 1,362 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 Star Real Estate PCL's current Cyclically Adjusted PS Ratio of 0.57 is 68.9% 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 Eastern Star Real Estate PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Star Real Estate PCL's current Cyclically Adjusted PS Ratio is 0.57, which is 37% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Star Real Estate PCL stock overvalued right now?
Based on GuruFocus' analysis, Eastern Star Real Estate PCL (BKK:ESTAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.35, compared to a current price of ฿0.25 — trading 28.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.57, which is 37% below median its 10-year median of 0.90 and 68.9% below the Real Estate industry median of 1.83. Eastern Star Real Estate PCL's overall GF Score™ is 46/100 with 8 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 Star Real Estate PCL (BKK:ESTAR), the current Cyclically Adjusted PS Ratio is 0.57 as of Jul. 20, 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 Star Real Estate PCL (BKK:ESTAR) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Star Real Estate PCL stock appears to be undervalued. The current stock price of ฿0.25 is trading 28.6% below its estimated GF Value™ of ฿0.35. GuruFocus considers Eastern Star Real Estate PCL to be Modestly Undervalued.

Key valuation signals for BKK:ESTAR:

  • Cyclically Adjusted PS Ratio: 0.57 (37% below median its 10-year median of 0.90)
  • GF Value™: ฿0.35 vs. price of ฿0.25 (28.6% below fair value)
  • GF Score™: 46/100 with 8 warning signs
  • Industry Position: 68.9% below the Real Estate median (#303 of 1362)

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


Eastern Star Real Estate PCL Business Description

Address Ploenchit Road, 5th Floor, No.898 Ploenchit Tower Building, Lumpini, Pathumwan, Bangkok, THA, 10330
Eastern Star Real Estate PCL is a company engaged in the real estate development business. It undertakes housing and condominium projects. The group operates in four business segments, namely, the Real estate business, Golf course business, Rental business, and property rental business segment, of which a majority of the revenue is derived from the Real estate business. The company and its subsidiaries operate only in Thailand.
46GF Score

Get the complete analysis for BKK:ESTAR

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

฿0.25
Price
฿0.35
GF Value