GMM Grammy PCL (BKK:GRAMMY-R) Cyclically Adjusted PS Ratio: 0.29 (As of Aug. 29, 2026) — 52% Below Median

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BKK:GRAMMY-R GMM Grammy PCL BKK:GRAMMY-R
60 GF Score
Price ฿3.35
GF Value ฿6.48
Valuation Possible Value Trap
! 4 Warning Signs
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What is GMM Grammy PCL Cyclically Adjusted PS Ratio?

GMM Grammy PCL BKK:GRAMMY-R 60 Cyclically Adjusted PS Ratio is 0.29 as of Aug. 29, 2026, which is 52% below its 10-year median of 0.61. GuruFocus rates BKK:GRAMMY-R with a GF Score™ of 60/100 and a GF Value™ of ฿6.48 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 731 Media - Diversified companies, GMM Grammy PCL ranks better than 70.86% on this metric.

As of today (2026-08-29), GMM Grammy PCL's current share price is ฿3.34727. GMM Grammy PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿11.44. GMM Grammy PCL's Cyclically Adjusted PS Ratio for today is 0.29.

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

BKK:GRAMMY-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.61   Max: 1.13
Current: 0.38

During the past years, GMM Grammy PCL's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.32. And the median was 0.61.

BKK:GRAMMY-R's Cyclically Adjusted PS Ratio is ranked better than
70.86% of 731 companies
in the Media - Diversified industry
Industry Median: 0.77 vs BKK:GRAMMY-R: 0.38

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.

GMM Grammy PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿1.699. 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 ฿11.44 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMM Grammy PCL  (BKK:GRAMMY-R) 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.


GMM Grammy PCL Cyclically Adjusted PS Ratio Related Terms


GMM Grammy PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GMM Grammy 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.

GMM Grammy PCL Cyclically Adjusted PS Ratio Chart

GMM Grammy 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 0.92 0.73 0.49 0.68 0.37

GMM Grammy 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 0.40 0.38 0.37 0.41 0.33

BKK:GRAMMY-R vs NFLX, DIS, WBD: Cyclically Adjusted PS Ratio Comparison

For the Entertainment subindustry, GMM Grammy 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.


GMM Grammy PCL Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GMM Grammy PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:GRAMMY-R
60GF Score
GMM Grammy PCL BKK:GRAMMY-R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMM Grammy 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.

GMM Grammy PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.34727/11.44
=0.29

* 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.

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

For example, GMM Grammy 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)
=1.699/333.9520*333.9520
=1.699

Current CPI (Jun. 2026) = 333.9520.

GMM Grammy PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.481 241.428 3.432
201612 1.817 241.432 2.513
201703 2.457 243.801 3.366
201706 2.329 244.955 3.175
201709 2.225 246.819 3.010
201712 2.252 246.524 3.051
201803 1.914 249.554 2.561
201806 2.059 251.989 2.729
201809 1.911 252.439 2.528
201812 2.495 251.233 3.316
201903 2.197 254.202 2.886
201906 1.778 256.143 2.318
201909 1.838 256.759 2.391
201912 2.239 256.974 2.910
202003 1.586 258.115 2.052
202006 1.221 257.797 1.582
202009 1.312 260.280 1.683
202012 2.059 260.474 2.640
202103 1.208 264.877 1.523
202106 1.340 271.696 1.647
202109 1.297 274.310 1.579
202112 1.187 278.802 1.422
202203 1.218 287.504 1.415
202206 1.343 296.311 1.514
202209 1.588 296.808 1.787
202212 1.968 296.797 2.214
202303 1.679 301.836 1.858
202306 1.763 305.109 1.930
202309 1.652 307.789 1.792
202312 2.208 306.746 2.404
202403 1.679 312.332 1.795
202406 1.784 314.175 1.896
202409 1.973 315.301 2.090
202412 2.157 315.605 2.282
202503 1.995 319.799 2.083
202506 1.638 322.561 1.696
202509 1.597 324.800 1.642
202512 1.454 324.054 1.498
202603 1.857 330.213 1.878
202606 1.699 333.952 1.699

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 0.29 mean?
GMM Grammy PCL (BKK:GRAMMY-R) has a Cyclically Adjusted PS Ratio of 0.29 as of Aug. 29, 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 GMM Grammy PCL and its competitors. This is 52% below median its historical median of 0.61. Over the past decade, GMM Grammy PCL's Cyclically Adjusted PS Ratio has ranged from 0.32 to 1.13. According to the industry distribution chart, GMM Grammy PCL ranks #213 out of 731 companies in the Media - Diversified industry, placing it in the top 29.1%.
Is GMM Grammy PCL's Cyclically Adjusted PS Ratio too high?
GMM Grammy PCL's current Cyclically Adjusted PS Ratio of 0.29 is 52% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.13. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.77. GMM Grammy PCL's value of 0.29 is 62.3% below this industry median. Based on the distribution chart, GMM Grammy PCL ranks #213 out of 731 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, GMM Grammy PCL has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GMM Grammy PCL's Cyclically Adjusted PS Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, GMM Grammy PCL ranks #213 out of 731 companies for Cyclically Adjusted PS Ratio. This puts GMM Grammy PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. GMM Grammy PCL's value of 0.29 is 62.3% below this benchmark. Historically, GMM Grammy PCL's own Cyclically Adjusted PS Ratio has ranged from 0.32 to 1.13 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.77, GMM Grammy 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.77, based on 731 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. GMM Grammy PCL's current Cyclically Adjusted PS Ratio of 0.29 is 62.3% 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 GMM Grammy PCL and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMM Grammy PCL's current Cyclically Adjusted PS Ratio is 0.29, which is 52% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMM Grammy PCL stock overvalued right now?
Based on GuruFocus' analysis, GMM Grammy PCL (BKK:GRAMMY-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿6.48, compared to a current price of ฿3.35 — trading 48.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.29, which is 52% below median its 10-year median of 0.61 and 62.3% below the Media - Diversified industry median of 0.77. GMM Grammy PCL's overall GF Score™ is 60/100 with 4 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 GMM Grammy PCL (BKK:GRAMMY-R), the current Cyclically Adjusted PS Ratio is 0.29 as of Aug. 29, 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 GMM Grammy PCL (BKK:GRAMMY-R) Overvalued in 2026?

Based on GuruFocus' analysis, GMM Grammy PCL stock appears to be undervalued. The current stock price of ฿3.35 is trading 48.3% below its estimated GF Value™ of ฿6.48. GuruFocus considers GMM Grammy PCL to be Possible Value Trap.

Key valuation signals for BKK:GRAMMY-R:

  • Cyclically Adjusted PS Ratio: 0.29 (52% below median its 10-year median of 0.61)
  • GF Value™: ฿6.48 vs. price of ฿3.35 (48.3% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 62.3% below the Media - Diversified median (#213 of 731)

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


GMM Grammy PCL Business Description

Other Exchanges GRAMMY:Thailand
Address 50 Sukhumvit 21 Road (Asoke), GMM Grammy Place Tower, Klongtoey Nua, Wattana, Bangkok, THA, 10110
GMM Grammy PCL is engaged in various entertainment businesses, including the music business, satellite television business, Digital TV business, movie business, home shopping business, and co-investment in other businesses. The company has three principal reportable segments, i.e., Music segment comprising music business and showbiz, Media segment comprising digital TV business GMM25, Others segment comprising merchandise and other services business.
60GF Score

Get the complete analysis for BKK:GRAMMY-R

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

฿3.35
Price
฿6.48
GF Value