Inoue Rubber (Thailand) PCL (BKK:IRC) Cyclically Adjusted PS Ratio: 0.38 (As of Jul. 18, 2026) — 16% Below Median

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BKK:IRC Inoue Rubber (Thailand) PCL BKK:IRC
73 GF Score
Price ฿11.80
GF Value ฿12.28
Valuation Fairly Valued
! 4 Warning Signs
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What is Inoue Rubber (Thailand) PCL Cyclically Adjusted PS Ratio?

Inoue Rubber (Thailand) PCL BKK:IRC -1.67% 73 Cyclically Adjusted PS Ratio is 0.38 as of Jul. 18, 2026, which is 16% below its 10-year median of 0.45. GuruFocus rates BKK:IRC with a GF Score™ of 73/100 and a GF Value™ of ฿12.28 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,042 Vehicles & Parts companies, Inoue Rubber (Thailand) PCL ranks better than 65.83% on this metric.

As of today (2026-07-18), Inoue Rubber (Thailand) PCL's current share price is ฿11.80. Inoue Rubber (Thailand) PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿31.30. Inoue Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio for today is 0.38.

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

BKK:IRC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.45   Max: 0.8
Current: 0.38

During the past years, Inoue Rubber (Thailand) PCL's highest Cyclically Adjusted PS Ratio was 0.80. The lowest was 0.32. And the median was 0.45.

BKK:IRC's Cyclically Adjusted PS Ratio is ranked better than
65.83% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs BKK:IRC: 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.

Inoue Rubber (Thailand) PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿5.783. 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 ฿31.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inoue Rubber (Thailand) PCL  (BKK:IRC) 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.


Inoue Rubber (Thailand) PCL Cyclically Adjusted PS Ratio Related Terms


Inoue Rubber (Thailand) PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Inoue 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.

Inoue Rubber (Thailand) PCL Cyclically Adjusted PS Ratio Chart

Inoue Rubber (Thailand) PCL Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.44 0.42 0.44 0.36

Inoue Rubber (Thailand) 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 0.36 0.35 0.36 0.38 0.36

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

For the Auto Parts subindustry, Inoue 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.


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

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

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


BKK:IRC
73GF Score
Inoue Rubber (Thailand) PCL BKK:IRC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inoue 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.80/31.30
=0.38

* 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.

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

For example, Inoue Rubber (Thailand) 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)
=5.783/330.2130*330.2130
=5.783

Current CPI (Mar. 2026) = 330.2130.

Inoue Rubber (Thailand) PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.117 241.018 8.381
201609 6.200 241.428 8.480
201612 6.157 241.432 8.421
201703 6.640 243.801 8.993
201706 6.483 244.955 8.739
201709 6.883 246.819 9.209
201712 6.772 246.524 9.071
201803 7.139 249.554 9.446
201806 7.044 251.989 9.231
201809 6.976 252.439 9.125
201812 7.150 251.233 9.398
201903 6.899 254.202 8.962
201906 6.532 256.143 8.421
201909 6.567 256.759 8.446
201912 6.158 256.974 7.913
202003 6.512 258.115 8.331
202006 3.675 257.797 4.707
202009 5.783 260.280 7.337
202012 6.910 260.474 8.760
202103 7.406 264.877 9.233
202106 6.752 271.696 8.206
202109 6.486 274.310 7.808
202112 7.237 278.802 8.572
202203 8.067 287.504 9.265
202206 7.244 296.311 8.073
202209 7.665 296.808 8.528
202212 7.453 296.797 8.292
202303 7.498 301.836 8.203
202306 6.345 305.109 6.867
202309 6.528 307.789 7.004
202312 5.886 306.746 6.336
202403 6.269 312.332 6.628
202406 5.756 314.175 6.050
202409 5.910 315.301 6.190
202412 5.828 315.605 6.098
202503 6.378 319.799 6.586
202506 6.089 322.561 6.233
202509 5.715 324.800 5.810
202512 5.749 324.054 5.858
202603 5.783 330.213 5.783

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 0.38 mean?
Inoue Rubber (Thailand) PCL (BKK:IRC) has a Cyclically Adjusted PS Ratio of 0.38 as of Jul. 18, 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 Inoue Rubber (Thailand) PCL and its competitors. This is 16% below median its historical median of 0.45. Over the past decade, Inoue Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio has ranged from 0.32 to 0.80. According to the industry distribution chart, Inoue Rubber (Thailand) PCL ranks #356 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 34.2%.
Is Inoue Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio too high?
Inoue Rubber (Thailand) PCL's current Cyclically Adjusted PS Ratio of 0.38 is 16% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.80. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Inoue Rubber (Thailand) PCL's value of 0.38 is 48.6% below this industry median. Based on the distribution chart, Inoue Rubber (Thailand) PCL ranks #356 out of 1042 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Inoue Rubber (Thailand) PCL has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inoue Rubber (Thailand) PCL's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Inoue Rubber (Thailand) PCL ranks #356 out of 1042 companies for Cyclically Adjusted PS Ratio. This puts Inoue Rubber (Thailand) PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. Inoue Rubber (Thailand) PCL's value of 0.38 is 48.6% below this benchmark. Historically, Inoue Rubber (Thailand) PCL's own Cyclically Adjusted PS Ratio has ranged from 0.32 to 0.80 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.74, Inoue Rubber (Thailand) 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,042 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. Inoue Rubber (Thailand) PCL's current Cyclically Adjusted PS Ratio of 0.38 is 48.6% 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 Inoue 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. Inoue Rubber (Thailand) PCL's current Cyclically Adjusted PS Ratio is 0.38, which is 16% below median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inoue Rubber (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Inoue Rubber (Thailand) PCL (BKK:IRC) is currently considered Fairly Valued. The stock's GF Value™ is ฿12.28, compared to a current price of ฿11.80 — trading 3.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.38, which is 16% below median its 10-year median of 0.45 and 48.6% below the Vehicles & Parts industry median of 0.74. Inoue Rubber (Thailand) PCL's overall GF Score™ is 73/100 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 Inoue Rubber (Thailand) PCL (BKK:IRC), the current Cyclically Adjusted PS Ratio is 0.38 as of Jul. 18, 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 Inoue Rubber (Thailand) PCL (BKK:IRC) Overvalued in 2026?

Based on GuruFocus' analysis, Inoue Rubber (Thailand) PCL stock appears to be undervalued. The current stock price of ฿11.80 is trading 3.9% below its estimated GF Value™ of ฿12.28. GuruFocus considers Inoue Rubber (Thailand) PCL to be Fairly Valued.

Key valuation signals for BKK:IRC:

  • Cyclically Adjusted PS Ratio: 0.38 (16% below median its 10-year median of 0.45)
  • GF Value™: ฿12.28 vs. price of ฿11.80 (3.9% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 48.6% below the Vehicles & Parts median (#356 of 1042)

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


Inoue Rubber (Thailand) PCL Business Description

Address No. 258, Soi Rangsit-Nakornnayok 49, Prachathipat Sub-district, Thanyaburi District, Pathumthani, THA, 12130
Inoue Rubber (Thailand) PCL is principally engaged in the manufacture and distribution of Automotive Elastomer Products, motorcycle tires, tubes, and industrial elastomer rubber parts. Geographically, it derives a majority of its revenue from Thailand. The company's reportable segments includes geographical areas that are Local and Export, out of which key revenue is generated from Local Segment. Its products involve Automotive Elastomer Products, Motorcycle Tires and Tubes and Industrial Elastomer Parts.
73GF Score

Get the complete analysis for BKK:IRC

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

฿11.80
Price
฿12.28
GF Value