Hwa Fong Rubber (Thailand) PCL (BKK:HFT) Cyclically Adjusted PS Ratio: 0.80 (As of Aug. 26, 2026) — Near Median

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BKK:HFT Hwa Fong Rubber (Thailand) PCL BKK:HFT
60 GF Score
Price ฿4.14
GF Value ฿3.89
Valuation Fairly Valued
! 6 Warning Signs
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What is Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted PS Ratio?

Hwa Fong Rubber (Thailand) PCL BKK:HFT +0.49% 60 Cyclically Adjusted PS Ratio is 0.80 as of Aug. 26, 2026, which is 5% below its 10-year median of 0.84. GuruFocus rates BKK:HFT with a GF Score™ of 60/100 and a GF Value™ of ฿3.89 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,038 Vehicles & Parts companies, Hwa Fong Rubber (Thailand) PCL ranks worse than 52.02% on this metric.

As of today (2026-08-26), Hwa Fong Rubber (Thailand) PCL's current share price is ฿4.14. Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿5.18. Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio for today is 0.80.

The historical rank and industry rank for Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:HFT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.84   Max: 2.09
Current: 0.79

During the past years, Hwa Fong Rubber (Thailand) PCL's highest Cyclically Adjusted PS Ratio was 2.09. The lowest was 0.54. And the median was 0.84.

BKK:HFT's Cyclically Adjusted PS Ratio is ranked worse than
52.02% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs BKK:HFT: 0.79

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.

Hwa Fong Rubber (Thailand) PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿1.009. 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 ฿5.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hwa Fong Rubber (Thailand) PCL  (BKK:HFT) 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.


Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted PS Ratio Related Terms


Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hwa Fong Rubber (Thailand) 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.

Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted PS Ratio Chart

Hwa Fong Rubber (Thailand) 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 1.87 1.32 0.89 0.82 0.82

Hwa Fong Rubber (Thailand) 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 0.83 0.82 0.82 0.82 0.78

BKK:HFT vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Hwa Fong Rubber (Thailand) 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.


Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio falls into.


BKK:HFT
60GF Score
Hwa Fong Rubber (Thailand) PCL BKK:HFT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hwa Fong Rubber (Thailand) 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.

Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.14/5.18
=0.80

* 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.

Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hwa Fong Rubber (Thailand) 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)
=1.009/333.9520*333.9520
=1.009

Current CPI (Jun. 2026) = 333.9520.

Hwa Fong Rubber (Thailand) PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.922 241.428 1.275
201612 0.988 241.432 1.367
201703 1.075 243.801 1.473
201706 1.042 244.955 1.421
201709 0.970 246.819 1.312
201712 1.061 246.524 1.437
201803 0.971 249.554 1.299
201806 0.889 251.989 1.178
201809 0.992 252.439 1.312
201812 1.050 251.233 1.396
201903 1.011 254.202 1.328
201906 0.994 256.143 1.296
201909 1.125 256.759 1.463
201912 1.147 256.974 1.491
202003 0.901 258.115 1.166
202006 0.793 257.797 1.027
202009 1.190 260.280 1.527
202012 1.254 260.474 1.608
202103 1.168 264.877 1.473
202106 1.275 271.696 1.567
202109 1.168 274.310 1.422
202112 1.628 278.802 1.950
202203 1.406 287.504 1.633
202206 1.372 296.311 1.546
202209 1.237 296.808 1.392
202212 1.160 296.797 1.305
202303 0.854 301.836 0.945
202306 0.958 305.109 1.049
202309 1.007 307.789 1.093
202312 1.126 306.746 1.226
202403 1.065 312.332 1.139
202406 1.083 314.175 1.151
202409 1.085 315.301 1.149
202412 1.222 315.605 1.293
202503 1.075 319.799 1.123
202506 1.041 322.561 1.078
202509 0.813 324.800 0.836
202512 1.095 324.054 1.128
202603 0.936 330.213 0.947
202606 1.009 333.952 1.009

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 0.80 mean?
Hwa Fong Rubber (Thailand) PCL (BKK:HFT) has a Cyclically Adjusted PS Ratio of 0.80 as of Aug. 26, 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 Hwa Fong Rubber (Thailand) PCL and its competitors. This is near median its historical median of 0.84. Over the past decade, Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio has ranged from 0.54 to 2.09. According to the industry distribution chart, Hwa Fong Rubber (Thailand) PCL ranks #540 out of 1038 companies in the Vehicles & Parts industry, placing it in the top 52%.
Is Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio too high?
Hwa Fong Rubber (Thailand) PCL's current Cyclically Adjusted PS Ratio of 0.80 is near median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 2.09. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Hwa Fong Rubber (Thailand) PCL's value of 0.80 is 8.1% above this industry median. Based on the distribution chart, Hwa Fong Rubber (Thailand) PCL ranks #540 out of 1038 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Hwa Fong Rubber (Thailand) PCL has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber (Thailand) PCL ranks #540 out of 1038 companies for Cyclically Adjusted PS Ratio. This places Hwa Fong Rubber (Thailand) PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. Hwa Fong Rubber (Thailand) PCL's value of 0.80 is 8.1% above this benchmark. Historically, Hwa Fong Rubber (Thailand) PCL's own Cyclically Adjusted PS Ratio has ranged from 0.54 to 2.09 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.74, Hwa Fong Rubber (Thailand) PCL has consistently been above 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,038 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. Hwa Fong Rubber (Thailand) PCL's current Cyclically Adjusted PS Ratio of 0.80 is 8.1% above 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 Hwa Fong Rubber (Thailand) PCL and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwa Fong Rubber (Thailand) PCL's current Cyclically Adjusted PS Ratio is 0.80, which is near median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber (Thailand) PCL (BKK:HFT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.89, compared to a current price of ฿4.14 — trading 6.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.80, which is near median its 10-year median of 0.84 and 8.1% above the Vehicles & Parts industry median of 0.74. Hwa Fong Rubber (Thailand) PCL's overall GF Score™ is 60/100 with 6 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 Hwa Fong Rubber (Thailand) PCL (BKK:HFT), the current Cyclically Adjusted PS Ratio is 0.80 as of Aug. 26, 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 Hwa Fong Rubber (Thailand) PCL (BKK:HFT) Overvalued in 2026?

Based on GuruFocus' analysis, Hwa Fong Rubber (Thailand) PCL stock appears to be overvalued. The current stock price of ฿4.14 is trading 6.4% above its estimated GF Value™ of ฿3.89. GuruFocus considers Hwa Fong Rubber (Thailand) PCL to be Fairly Valued.

Key valuation signals for BKK:HFT:

  • Cyclically Adjusted PS Ratio: 0.80 (near median its 10-year median of 0.84)
  • GF Value™: ฿3.89 vs. price of ฿4.14 (6.4% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 8.1% above the Vehicles & Parts median (#540 of 1038)

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


Hwa Fong Rubber (Thailand) PCL Business Description

Address No. 317 Moo 4, Soi 6C, Bangpoo Industrial Estate, Phraeksa Subdistrict, Mueang Samut Prakan District, Samut Prakarn, THA, 10280
Hwa Fong Rubber (Thailand) PCL is a Thailand-based company engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles, and small logistics vehicles such as trolley forklifts, golf carts, and hiking carts. The company operates in two reportable segments: Sale of goods and services, which derives maximum revenue, and Investment. Geographically, the company's business is spread across Asia, Europe, America, and Other regions.
60GF Score

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

฿4.14
Price
฿3.89
GF Value