FN Factory Outlet PCL (BKK:FN-F) Cyclically Adjusted PS Ratio: (As of Aug. 19, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:FN-F FN Factory Outlet PCL BKK:FN-F
56 GF Score
Price ฿7.65
GF Value ฿17.63
! 4 Warning Signs
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What is FN Factory Outlet PCL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FN Factory Outlet PCL  (BKK:FN-F) 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.


FN Factory Outlet PCL Cyclically Adjusted PS Ratio Related Terms


FN Factory Outlet PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FN Factory Outlet 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.

FN Factory Outlet PCL Cyclically Adjusted PS Ratio Chart

FN Factory Outlet 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 0.00 0.00 0.00 0.00 0.00

FN Factory Outlet PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.51 0.00

BKK:FN-F vs TJX, ROST, BURL: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, FN Factory Outlet 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.


FN Factory Outlet PCL Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, FN Factory Outlet PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where FN Factory Outlet PCL's Cyclically Adjusted PS Ratio falls into.


BKK:FN-F
56GF Score
FN Factory Outlet PCL BKK:FN-F
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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FN Factory Outlet 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.

FN Factory Outlet PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, FN Factory Outlet PCL's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.151/333.9520*333.9520
=0.151

Current CPI (Jun. 2026) = 333.9520.

FN Factory Outlet PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.241 241.428 0.333
201612 0.296 241.432 0.409
201703 0.256 243.801 0.351
201706 0.250 244.955 0.341
201709 0.254 246.819 0.344
201712 0.295 246.524 0.400
201803 0.262 249.554 0.351
201806 0.263 251.989 0.349
201809 0.234 252.439 0.310
201812 0.299 251.233 0.397
201903 0.239 254.202 0.314
201906 0.272 256.143 0.355
201909 0.223 256.759 0.290
201912 0.267 256.974 0.347
202003 0.198 258.115 0.256
202006 0.141 257.797 0.183
202009 0.208 260.280 0.267
202012 0.184 260.474 0.236
202103 0.137 264.877 0.173
202106 0.125 271.696 0.154
202109 0.111 274.310 0.135
202112 0.143 278.802 0.171
202203 0.119 287.504 0.138
202206 0.115 296.311 0.130
202209 0.112 296.808 0.126
202212 0.146 296.797 0.164
202303 0.114 301.836 0.126
202306 0.114 305.109 0.125
202309 0.100 307.789 0.109
202312 0.125 306.746 0.136
202403 0.099 312.332 0.106
202406 0.088 314.175 0.094
202409 0.089 315.301 0.094
202412 0.108 315.605 0.114
202503 0.080 319.799 0.084
202506 0.087 322.561 0.090
202509 0.142 324.800 0.146
202512 0.151 324.054 0.156
202603 0.131 330.213 0.132
202606 0.151 333.952 0.151

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.

Is FN Factory Outlet PCL (BKK:FN-F) Overvalued in 2026?

Based on GuruFocus' analysis, FN Factory Outlet PCL stock appears to be undervalued. The current stock price of ฿7.65 is trading 56.6% below its estimated GF Value™ of ฿17.63.

Key valuation signals for BKK:FN-F:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ฿17.63 vs. price of ฿7.65 (56.6% below fair value)
  • GF Score™: 56/100 with 4 warning signs

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


FN Factory Outlet PCL Business Description

Other Exchanges FN:Thailand
Address Rama 9 Road, No. 991, FN Building, Suan Luang Sub-district, Suan Luang District, Bangkok, THA, 10250
FN Factory Outlet PCL is principally engaged in merchandising of clothing and consumer products in Thailand. The subsidiary is principally engaged in distributing inventive products of health care and environmental. It products includes FN Apparel, FN Sleep, FN Home, FN Care, FN Travel, FN Sports, and FN EAT. The company and its subsidiary operate in Thailand.
56GF Score

Get the complete analysis for BKK:FN-F

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

฿7.65
Price
฿17.63
GF Value