G J Steel PCL (BKK:GJS) Cyclically Adjusted PS Ratio: 0.13 (As of Jul. 15, 2026) — Near Median

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BKK:GJS G J Steel PCL BKK:GJS
33 GF Score
Price ฿0.13
GF Value ฿0.16
Valuation Modestly Undervalued
! 3 Warning Signs
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What is G J Steel PCL Cyclically Adjusted PS Ratio?

G J Steel PCL BKK:GJS -7.14% 33 Cyclically Adjusted PS Ratio is 0.13 as of Jul. 15, 2026, which is 7% below its 10-year median of 0.14. GuruFocus rates BKK:GJS with a GF Score™ of 33/100 and a GF Value™ of ฿0.16 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 514 Steel companies, G J Steel PCL ranks better than 87.55% on this metric.

As of today (2026-07-15), G J Steel PCL's current share price is ฿0.13. G J Steel PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿1.04. G J Steel PCL's Cyclically Adjusted PS Ratio for today is 0.13.

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

BKK:GJS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.14   Max: 0.47
Current: 0.13

During the past years, G J Steel PCL's highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.03. And the median was 0.14.

BKK:GJS's Cyclically Adjusted PS Ratio is ranked better than
87.55% of 514 companies
in the Steel industry
Industry Median: 0.455 vs BKK:GJS: 0.13

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.

G J Steel PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.162. 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 ฿1.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


G J Steel PCL  (BKK:GJS) 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.


G J Steel PCL Cyclically Adjusted PS Ratio Related Terms


G J Steel PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for G J Steel 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.

G J Steel PCL Cyclically Adjusted PS Ratio Chart

G J Steel 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 0.36 0.28 0.17 0.13 0.12

G J Steel 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 0.13 0.12 0.12 0.13

BKK:GJS vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, G J Steel 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.


G J Steel PCL Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, G J Steel PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where G J Steel PCL's Cyclically Adjusted PS Ratio falls into.


BKK:GJS
33GF Score
G J Steel PCL BKK:GJS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

G J Steel 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.

G J Steel PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.13/1.04
=0.13

* 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.

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

For example, G J Steel 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)
=0.162/330.2130*330.2130
=0.162

Current CPI (Mar. 2026) = 330.2130.

G J Steel PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.310 241.018 0.425
201609 0.274 241.428 0.375
201612 0.252 241.432 0.345
201703 0.333 243.801 0.451
201706 0.309 244.955 0.417
201709 0.301 246.819 0.403
201712 0.364 246.524 0.488
201803 0.583 249.554 0.771
201806 0.561 251.989 0.735
201809 0.622 252.439 0.814
201812 0.381 251.233 0.501
201903 0.244 254.202 0.317
201906 0.183 256.143 0.236
201909 0.121 256.759 0.156
201912 0.098 256.974 0.126
202003 0.106 258.115 0.136
202006 0.108 257.797 0.138
202009 0.121 260.280 0.154
202012 0.112 260.474 0.142
202103 0.137 264.877 0.171
202106 0.185 271.696 0.225
202109 0.220 274.310 0.265
202112 0.180 278.802 0.213
202203 0.199 287.504 0.229
202206 0.217 296.311 0.242
202209 0.137 296.808 0.152
202212 0.130 296.797 0.145
202303 0.142 301.836 0.155
202306 0.107 305.109 0.116
202309 0.130 307.789 0.139
202312 0.111 306.746 0.119
202403 0.137 312.332 0.145
202406 0.116 314.175 0.122
202409 0.116 315.301 0.121
202412 0.100 315.605 0.105
202503 0.090 319.799 0.093
202506 0.115 322.561 0.118
202509 0.104 324.800 0.106
202512 0.112 324.054 0.114
202603 0.162 330.213 0.162

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 0.13 mean?
G J Steel PCL (BKK:GJS) has a Cyclically Adjusted PS Ratio of 0.13 as of Jul. 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 G J Steel PCL and its competitors. This is near median its historical median of 0.14. Over the past decade, G J Steel PCL's Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.47. According to the industry distribution chart, G J Steel PCL ranks #64 out of 514 companies in the Steel industry, placing it in the top 12.5%.
Is G J Steel PCL's Cyclically Adjusted PS Ratio too high?
G J Steel PCL's current Cyclically Adjusted PS Ratio of 0.13 is near median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.47. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. G J Steel PCL's value of 0.13 is 71.4% below this industry median. Based on the distribution chart, G J Steel PCL ranks #64 out of 514 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, G J Steel PCL has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does G J Steel PCL's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, G J Steel PCL ranks #64 out of 514 companies for Cyclically Adjusted PS Ratio. This places G J Steel PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.46. G J Steel PCL's value of 0.13 is 71.4% below this benchmark. Historically, G J Steel PCL's own Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.47 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.46, G J Steel 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.46, based on 514 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. G J Steel PCL's current Cyclically Adjusted PS Ratio of 0.13 is 71.4% 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 G J Steel PCL and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G J Steel PCL's current Cyclically Adjusted PS Ratio is 0.13, which is near median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G J Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, G J Steel PCL (BKK:GJS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.16, compared to a current price of ฿0.13 — trading 18.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.13, which is near median its 10-year median of 0.14 and 71.4% below the Steel industry median of 0.46. G J Steel PCL's overall GF Score™ is 33/100 with 3 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 G J Steel PCL (BKK:GJS), the current Cyclically Adjusted PS Ratio is 0.13 as of Jul. 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.

Is G J Steel PCL (BKK:GJS) Overvalued in 2026?

Based on GuruFocus' analysis, G J Steel PCL stock appears to be undervalued. The current stock price of ฿0.13 is trading 18.8% below its estimated GF Value™ of ฿0.16. GuruFocus considers G J Steel PCL to be Modestly Undervalued.

Key valuation signals for BKK:GJS:

  • Cyclically Adjusted PS Ratio: 0.13 (near median its 10-year median of 0.14)
  • GF Value™: ฿0.16 vs. price of ฿0.13 (18.8% below fair value)
  • GF Score™: 33/100 with 3 warning signs
  • Industry Position: 71.4% below the Steel median (#64 of 514)

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


G J Steel PCL Business Description

Address Silom Road, Suriyawong, 88 Paso Tower, 24th Floor, Bangrak, Bangkok, THA, 10500
G J Steel PCL is engaged in the manufacturing and distribution of hot rolled coil steel products. Its main products are hot-rolled coils (HRC) and tempered hot-rolled coils. The company distributes its products which are further used as a raw material to produce various products like, automotive parts, gas cylinder, pressure vessel, home appliance, and pipes. The company operates in a single segment, which is manufacturing of hot rolled coil steel products. Geographically, it operates and generates revenue only from Thailand.
33GF Score

Get the complete analysis for BKK:GJS

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

฿0.13
Price
฿0.16
GF Value