Ichitan Group PCL (BKK:ICHI-R) Cyclically Adjusted PS Ratio: 2.15 (As of Jun. 29, 2026) — 10% Below Median


BKK:ICHI-R Ichitan Group PCL BKK:ICHI-R
94 GF Score
Price ฿10.60
GF Value ฿11.53
! 3 Warning Signs
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What is Ichitan Group PCL Cyclically Adjusted PS Ratio?

Ichitan Group PCL BKK:ICHI-R 94 Cyclically Adjusted PS Ratio is 2.15 as of Jun. 29, 2026, which is 10% below its 10-year median of 2.40. GuruFocus rates BKK:ICHI-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.53. The stock has 3 warning signs investors should review. Among 86 Beverages - Non-Alcoholic companies, Ichitan Group PCL ranks worse than 67.44% on this metric.

As of today (2026-06-29), Ichitan Group PCL's current share price is ฿10.60. Ichitan Group PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿4.93. Ichitan Group PCL's Cyclically Adjusted PS Ratio for today is 2.15.

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

BKK:ICHI-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.4   Max: 3.45
Current: 2.39

During the past years, Ichitan Group PCL's highest Cyclically Adjusted PS Ratio was 3.45. The lowest was 1.39. And the median was 2.40.

BKK:ICHI-R's Cyclically Adjusted PS Ratio is ranked worse than
67.44% of 86 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.56 vs BKK:ICHI-R: 2.39

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.

Ichitan Group PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿1.484. 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 ฿4.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ichitan Group PCL  (BKK:ICHI-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.


Ichitan Group PCL Cyclically Adjusted PS Ratio Related Terms


Ichitan Group PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ichitan Group 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.

Ichitan Group PCL Cyclically Adjusted PS Ratio Chart

Ichitan Group 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 2.15 2.91 2.65 2.37

Ichitan Group 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 2.03 1.82 2.34 2.37 2.15

BKK:ICHI-R vs KO, PEP, MNST: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Ichitan Group 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.


Ichitan Group PCL Cyclically Adjusted PS Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:ICHI-R
94GF Score
Ichitan Group PCL BKK:ICHI-R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ichitan Group 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.

Ichitan Group PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.60/4.93
=2.15

* 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.

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

For example, Ichitan Group 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)
=1.484/330.2130*330.2130
=1.484

Current CPI (Mar. 2026) = 330.2130.

Ichitan Group PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.152 241.018 1.578
201609 0.854 241.428 1.168
201612 0.799 241.432 1.093
201703 1.145 243.801 1.551
201706 1.107 244.955 1.492
201709 1.120 246.819 1.498
201712 1.004 246.524 1.345
201803 1.017 249.554 1.346
201806 1.025 251.989 1.343
201809 0.952 252.439 1.245
201812 1.009 251.233 1.326
201903 1.015 254.202 1.319
201906 1.265 256.143 1.631
201909 0.873 256.759 1.123
201912 0.950 256.974 1.221
202003 0.969 258.115 1.240
202006 1.101 257.797 1.410
202009 0.940 260.280 1.193
202012 0.940 260.474 1.192
202103 0.953 264.877 1.188
202106 1.181 271.696 1.435
202109 0.994 274.310 1.197
202112 0.978 278.802 1.158
202203 1.110 287.504 1.275
202206 1.272 296.311 1.418
202209 1.299 296.808 1.445
202212 1.195 296.797 1.330
202303 1.405 301.836 1.537
202306 1.588 305.109 1.719
202309 1.583 307.789 1.698
202312 1.620 306.746 1.744
202403 1.647 312.332 1.741
202406 1.764 314.175 1.854
202409 1.619 315.301 1.696
202412 1.545 315.605 1.617
202503 1.353 319.799 1.397
202506 1.723 322.561 1.764
202509 1.668 324.800 1.696
202512 1.479 324.054 1.507
202603 1.484 330.213 1.484

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 2.15 mean?
Ichitan Group PCL (BKK:ICHI-R) has a Cyclically Adjusted PS Ratio of 2.15 as of Jun. 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 Ichitan Group PCL and its competitors. This is 10% below median its historical median of 2.40. Over the past decade, Ichitan Group PCL's Cyclically Adjusted PS Ratio has ranged from 1.39 to 3.45. According to the industry distribution chart, Ichitan Group PCL ranks #58 out of 86 companies in the Beverages - Non-Alcoholic industry, placing it in the top 67.4%.
Is Ichitan Group PCL's Cyclically Adjusted PS Ratio too high?
Ichitan Group PCL's current Cyclically Adjusted PS Ratio of 2.15 is 10% below median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 3.45. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PS Ratio is 1.56. Ichitan Group PCL's value of 2.15 is 37.8% above this industry median. Based on the distribution chart, Ichitan Group PCL ranks #58 out of 86 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Ichitan Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's Cyclically Adjusted PS Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Ichitan Group PCL ranks #58 out of 86 companies for Cyclically Adjusted PS Ratio. This places Ichitan Group PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.56. Ichitan Group PCL's value of 2.15 is 37.8% above this benchmark. Historically, Ichitan Group PCL's own Cyclically Adjusted PS Ratio has ranged from 1.39 to 3.45 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 1.56, Ichitan Group 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 Beverages - Non-Alcoholic company?
The median Cyclically Adjusted PS Ratio among Beverages - Non-Alcoholic companies is 1.56, based on 86 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. Ichitan Group PCL's current Cyclically Adjusted PS Ratio of 2.15 is 37.8% 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 Ichitan Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PS Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichitan Group PCL's current Cyclically Adjusted PS Ratio is 2.15, which is 10% below median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current Cyclically Adjusted PS Ratio of 2.15. The stock's GF Value™ is ฿11.53, compared to a current price of ฿10.60 — trading 8.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.15, which is 10% below median its 10-year median of 2.40 and 37.8% above the Beverages - Non-Alcoholic industry median of 1.56. Ichitan Group PCL's overall GF Score™ is 94/100 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 Ichitan Group PCL (BKK:ICHI-R), the current Cyclically Adjusted PS Ratio is 2.15 as of Jun. 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued. The current stock price of ฿10.60 is trading 8.1% below its estimated GF Value™ of ฿11.53.

Key valuation signals for BKK:ICHI-R:

  • Cyclically Adjusted PS Ratio: 2.15 (10% below median its 10-year median of 2.40)
  • GF Value™: ฿11.53 vs. price of ฿10.60 (8.1% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 37.8% above the Beverages - Non-Alcoholic median (#58 of 86)

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


Ichitan Group PCL Business Description

Other Exchanges ICHI:Thailand
Address Sukhumvit 40 Alley, No. 8 T-One Building, 42nd - 44th Floor, Phra Khanong Sub-District, Khlong Toei District, Bangkok, THA, 10110
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
94GF Score

Get the complete analysis for BKK:ICHI-R

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

฿10.60
Price
฿11.53
GF Value