General Engineering PCL (BKK:GEL) Cyclically Adjusted PS Ratio: 0.10 (As of Aug. 15, 2026) — 52% Below Median

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What is General Engineering PCL Cyclically Adjusted PS Ratio?

General Engineering PCL BKK:GEL -20.00% Cyclically Adjusted PS Ratio is 0.10 as of Aug. 15, 2026, which is 52% below its 10-year median of 0.21. The stock has 6 warning signs investors should review. Among 324 Building Materials companies, General Engineering PCL ranks better than 94.14% on this metric.

As of today (2026-08-15), General Engineering PCL's current share price is ฿0.04. General Engineering PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿0.42. General Engineering PCL's Cyclically Adjusted PS Ratio for today is 0.10.

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

BKK:GEL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.21   Max: 0.73
Current: 0.1

During the past years, General Engineering PCL's highest Cyclically Adjusted PS Ratio was 0.73. The lowest was 0.05. And the median was 0.21.

BKK:GEL's Cyclically Adjusted PS Ratio is ranked better than
94.14% of 324 companies
in the Building Materials industry
Industry Median: 0.995 vs BKK:GEL: 0.10

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.

General Engineering PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.050. 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 ฿0.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Engineering PCL  (BKK:GEL) 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.


General Engineering PCL Cyclically Adjusted PS Ratio Related Terms


General Engineering PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for General Engineering 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.

General Engineering PCL Cyclically Adjusted PS Ratio Chart

General Engineering 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 0.58 0.51 0.41 0.19 0.05

General Engineering 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 0.12 0.10 0.10 0.05 0.10

BKK:GEL vs CRH, VMC, MLM: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, General Engineering 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.


General Engineering PCL Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, General Engineering PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



General Engineering 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.

General Engineering PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.04/0.42
=0.10

* 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.

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

For example, General Engineering 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)
=0.05/330.2130*330.2130
=0.050

Current CPI (Mar. 2026) = 330.2130.

General Engineering PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.066 241.018 0.090
201609 0.072 241.428 0.098
201612 0.077 241.432 0.105
201703 0.087 243.801 0.118
201706 0.066 244.955 0.089
201709 0.076 246.819 0.102
201712 0.082 246.524 0.110
201803 0.078 249.554 0.103
201806 0.078 251.989 0.102
201809 0.089 252.439 0.116
201812 0.103 251.233 0.135
201903 0.118 254.202 0.153
201906 0.091 256.143 0.117
201909 0.095 256.759 0.122
201912 0.073 256.974 0.094
202003 0.071 258.115 0.091
202006 0.075 257.797 0.096
202009 0.062 260.280 0.079
202012 0.076 260.474 0.096
202103 0.069 264.877 0.086
202106 0.063 271.696 0.077
202109 0.057 274.310 0.069
202112 0.107 278.802 0.127
202203 0.103 287.504 0.118
202206 0.113 296.311 0.126
202209 0.107 296.808 0.119
202212 0.111 296.797 0.123
202303 0.109 301.836 0.119
202306 0.114 305.109 0.123
202309 0.155 307.789 0.166
202312 0.131 306.746 0.141
202403 0.115 312.332 0.122
202406 0.092 314.175 0.097
202409 0.121 315.301 0.127
202412 0.103 315.605 0.108
202503 0.088 319.799 0.091
202506 0.078 322.561 0.080
202509 0.053 324.800 0.054
202512 0.029 324.054 0.030
202603 0.050 330.213 0.050

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 0.10 mean?
General Engineering PCL (BKK:GEL) has a Cyclically Adjusted PS Ratio of 0.10 as of Aug. 15, 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 General Engineering PCL and its competitors. This is 52% below median its historical median of 0.21. Over the past decade, General Engineering PCL's Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.73. According to the industry distribution chart, General Engineering PCL ranks #19 out of 324 companies in the Building Materials industry, placing it in the top 5.9%.
Is General Engineering PCL's Cyclically Adjusted PS Ratio too high?
General Engineering PCL's current Cyclically Adjusted PS Ratio of 0.10 is 52% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.73. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.00. General Engineering PCL's value of 0.10 is 89.9% below this industry median. Based on the distribution chart, General Engineering PCL ranks #19 out of 324 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers.
How does General Engineering PCL's Cyclically Adjusted PS Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, General Engineering PCL ranks #19 out of 324 companies for Cyclically Adjusted PS Ratio. This places General Engineering PCL in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.00. General Engineering PCL's value of 0.10 is 89.9% below this benchmark. Historically, General Engineering PCL's own Cyclically Adjusted PS Ratio has ranged from 0.05 to 0.73 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 1.00, General Engineering 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 Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.00, based on 324 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. General Engineering PCL's current Cyclically Adjusted PS Ratio of 0.10 is 89.9% 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 General Engineering PCL and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Engineering PCL's current Cyclically Adjusted PS Ratio is 0.10, which is 52% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, General Engineering PCL (BKK:GEL) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.04 — trading right at its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.10, which is 52% below median its 10-year median of 0.21 and 89.9% below the Building Materials industry median of 1.00. 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 General Engineering PCL (BKK:GEL), the current Cyclically Adjusted PS Ratio is 0.10 as of Aug. 15, 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.

General Engineering PCL Business Description

Address 44/2 Moo 2 Tivanont Road, Bangkadi, Muang Pathumthani, Pathumthani, Pathumthani, THA, 12000
General Engineering PCL is engaged in the manufacturing and selling of construction material, prestressed concrete piles, precast concrete, glass fiber reinforced concrete, cementation products and post-tensioned slab, prestressed spun concrete piles, the special qualified PC wire and PC Strand and providing the construction and installation services for such products. Its operating segments are Manufacturing and distribution of concrete products, which is the key revenue-generating segment; Construction services; and Manufacturing and distribution of PC wire and PC strand. The company and its subsidiaries operate in Thailand only.