Indorama Ventures PCL (BKK:IVL) Cyclically Adjusted PS Ratio: 0.24 (As of Aug. 04, 2026) — 52% Below Median

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BKK:IVL Indorama Ventures PCL BKK:IVL
71 GF Score
Price ฿22.00
GF Value ฿20.26
Valuation Fairly Valued
! 9 Warning Signs
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What is Indorama Ventures PCL Cyclically Adjusted PS Ratio?

Indorama Ventures PCL BKK:IVL +0.46% 71 Cyclically Adjusted PS Ratio is 0.24 as of Aug. 04, 2026, which is 52% below its 10-year median of 0.50. GuruFocus rates BKK:IVL with a GF Score™ of 71/100 and a GF Value™ of ฿20.26 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,275 Chemicals companies, Indorama Ventures PCL ranks better than 89.57% on this metric.

As of today (2026-08-04), Indorama Ventures PCL's current share price is ฿22.00. Indorama Ventures PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿90.56. Indorama Ventures PCL's Cyclically Adjusted PS Ratio for today is 0.24.

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

BKK:IVL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.5   Max: 1.31
Current: 0.27

During the past years, Indorama Ventures PCL's highest Cyclically Adjusted PS Ratio was 1.31. The lowest was 0.17. And the median was 0.50.

BKK:IVL's Cyclically Adjusted PS Ratio is ranked better than
89.57% of 1275 companies
in the Chemicals industry
Industry Median: 1.28 vs BKK:IVL: 0.27

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.

Indorama Ventures PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿19.479. 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 ฿90.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indorama Ventures PCL  (BKK:IVL) 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.


Indorama Ventures PCL Cyclically Adjusted PS Ratio Related Terms


Indorama Ventures PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Indorama Ventures 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.

Indorama Ventures PCL Cyclically Adjusted PS Ratio Chart

Indorama Ventures 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 0.68 0.55 0.34 0.29 0.18

Indorama Ventures 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 0.22 0.23 0.25 0.18 0.28

BKK:IVL vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Indorama Ventures 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.


Indorama Ventures PCL Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:IVL
71GF Score
Indorama Ventures PCL BKK:IVL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Indorama Ventures 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.

Indorama Ventures PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.00/90.56
=0.24

* 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.

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

For example, Indorama Ventures 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)
=19.479/330.2130*330.2130
=19.479

Current CPI (Mar. 2026) = 330.2130.

Indorama Ventures PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.861 241.018 18.991
201609 13.592 241.428 18.590
201612 13.562 241.432 18.549
201703 14.883 243.801 20.158
201706 14.885 244.955 20.066
201709 14.345 246.819 19.192
201712 9.576 246.524 12.827
201803 14.088 249.554 18.641
201806 15.114 251.989 19.806
201809 17.197 252.439 22.495
201812 16.282 251.233 21.401
201903 17.065 254.202 22.168
201906 16.902 256.143 21.790
201909 15.046 256.759 19.350
201912 13.805 256.974 17.740
202003 16.390 258.115 20.968
202006 13.360 257.797 17.113
202009 14.430 260.280 18.307
202012 14.865 260.474 18.845
202103 17.483 264.877 21.795
202106 19.824 271.696 24.094
202109 22.601 274.310 27.207
202112 23.467 278.802 27.794
202203 26.174 287.504 30.062
202206 33.260 296.311 37.065
202209 31.843 296.808 35.427
202212 25.610 296.797 28.493
202303 24.326 301.836 26.613
202306 24.475 305.109 26.489
202309 24.642 307.789 26.437
202312 22.995 306.746 24.754
202403 24.206 312.332 25.592
202406 26.033 314.175 27.362
202409 24.474 315.301 25.631
202412 21.747 315.605 22.754
202503 21.097 319.799 21.784
202506 20.937 322.561 21.434
202509 19.443 324.800 19.767
202512 18.182 324.054 18.528
202603 19.479 330.213 19.479

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 0.24 mean?
Indorama Ventures PCL (BKK:IVL) has a Cyclically Adjusted PS Ratio of 0.24 as of Aug. 04, 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 Indorama Ventures PCL and its competitors. This is 52% below median its historical median of 0.50. Over the past decade, Indorama Ventures PCL's Cyclically Adjusted PS Ratio has ranged from 0.17 to 1.31. According to the industry distribution chart, Indorama Ventures PCL ranks #133 out of 1275 companies in the Chemicals industry, placing it in the top 10.4%.
Is Indorama Ventures PCL's Cyclically Adjusted PS Ratio too high?
Indorama Ventures PCL's current Cyclically Adjusted PS Ratio of 0.24 is 52% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.31. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.28. Indorama Ventures PCL's value of 0.24 is 81.3% below this industry median. Based on the distribution chart, Indorama Ventures PCL ranks #133 out of 1275 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indorama Ventures PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indorama Ventures PCL's Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Indorama Ventures PCL ranks #133 out of 1275 companies for Cyclically Adjusted PS Ratio. This places Indorama Ventures PCL in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.28. Indorama Ventures PCL's value of 0.24 is 81.3% below this benchmark. Historically, Indorama Ventures PCL's own Cyclically Adjusted PS Ratio has ranged from 0.17 to 1.31 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.28, Indorama Ventures 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.28, based on 1,275 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. Indorama Ventures PCL's current Cyclically Adjusted PS Ratio of 0.24 is 81.3% 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 Indorama Ventures PCL and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indorama Ventures PCL's current Cyclically Adjusted PS Ratio is 0.24, which is 52% below median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indorama Ventures PCL stock overvalued right now?
Based on GuruFocus' analysis, Indorama Ventures PCL (BKK:IVL) is currently considered Fairly Valued. The stock's GF Value™ is ฿20.26, compared to a current price of ฿22.00 — trading 8.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.24, which is 52% below median its 10-year median of 0.50 and 81.3% below the Chemicals industry median of 1.28. Indorama Ventures PCL's overall GF Score™ is 71/100 with 9 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 Indorama Ventures PCL (BKK:IVL), the current Cyclically Adjusted PS Ratio is 0.24 as of Aug. 04, 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 Indorama Ventures PCL (BKK:IVL) Overvalued in 2026?

Based on GuruFocus' analysis, Indorama Ventures PCL stock appears to be overvalued. The current stock price of ฿22.00 is trading 8.6% above its estimated GF Value™ of ฿20.26. GuruFocus considers Indorama Ventures PCL to be Fairly Valued.

Key valuation signals for BKK:IVL:

  • Cyclically Adjusted PS Ratio: 0.24 (52% below median its 10-year median of 0.50)
  • GF Value™: ฿20.26 vs. price of ฿22.00 (8.6% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 81.3% below the Chemicals median (#133 of 1275)

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


Indorama Ventures PCL Business Description

Other Exchanges I93:Germany
Address Asoke Road, Klongtoeynua, 37th Floor, Soi Sukhumvit 19, 75/102, Ocean Tower II, Wattana, Bangkok, THA, 10110
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives and Fibers. The maximum revenue is derived from the Combined PET segment.
71GF Score

Get the complete analysis for BKK:IVL

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

฿22.00
Price
฿20.26
GF Value