JAS Asset PCL (BKK:J) Cyclically Adjusted PS Ratio: 0.81 (As of Aug. 25, 2026) — 16% Above Median

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BKK:J JAS Asset PCL BKK:J
57 GF Score
Price ฿0.86
GF Value ฿1.17
Valuation Modestly Undervalued
! 12 Warning Signs
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What is JAS Asset PCL Cyclically Adjusted PS Ratio?

JAS Asset PCL BKK:J -4.44% 57 Cyclically Adjusted PS Ratio is 0.81 as of Aug. 25, 2026, which is 16% above its 10-year median of 0.70. GuruFocus rates BKK:J with a GF Score™ of 57/100 and a GF Value™ of ฿1.17 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 1,367 Real Estate companies, JAS Asset PCL ranks better than 68.4% on this metric.

As of today (2026-08-25), JAS Asset PCL's current share price is ฿0.86. JAS Asset PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿1.06. JAS Asset PCL's Cyclically Adjusted PS Ratio for today is 0.81.

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

BKK:J' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.7   Max: 1.19
Current: 0.87

During the past years, JAS Asset PCL's highest Cyclically Adjusted PS Ratio was 1.19. The lowest was 0.54. And the median was 0.70.

BKK:J's Cyclically Adjusted PS Ratio is ranked better than
68.4% of 1367 companies
in the Real Estate industry
Industry Median: 1.78 vs BKK:J: 0.87

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.

JAS Asset PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿0.129. 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 ฿1.06 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JAS Asset PCL  (BKK:J) 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.


JAS Asset PCL Cyclically Adjusted PS Ratio Related Terms


JAS Asset PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JAS Asset 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.

JAS Asset PCL Cyclically Adjusted PS Ratio Chart

JAS Asset 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 0.00 0.00 0.87 0.64

JAS Asset 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 0.60 0.73 0.64 0.58 0.67

BKK:J vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, JAS Asset 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.


JAS Asset PCL Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, JAS Asset PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:J
57GF Score
JAS Asset PCL BKK:J
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JAS Asset 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.

JAS Asset PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.86/1.06
=0.81

* 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.

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

For example, JAS Asset 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)
=0.129/333.9520*333.9520
=0.129

Current CPI (Jun. 2026) = 333.9520.

JAS Asset PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.308 241.428 0.426
201612 0.354 241.432 0.490
201703 0.405 243.801 0.555
201706 0.453 244.955 0.618
201709 0.375 246.819 0.507
201712 0.346 246.524 0.469
201803 0.347 249.554 0.464
201806 0.329 251.989 0.436
201809 0.333 252.439 0.441
201812 0.703 251.233 0.934
201903 0.334 254.202 0.439
201906 0.295 256.143 0.385
201909 0.192 256.759 0.250
201912 0.478 256.974 0.621
202003 0.201 258.115 0.260
202006 0.116 257.797 0.150
202009 0.149 260.280 0.191
202012 0.157 260.474 0.201
202103 0.143 264.877 0.180
202106 0.099 271.696 0.122
202109 0.081 274.310 0.099
202112 0.085 278.802 0.102
202203 0.138 287.504 0.160
202206 0.123 296.311 0.139
202209 0.112 296.808 0.126
202212 0.121 296.797 0.136
202303 0.120 301.836 0.133
202306 0.117 305.109 0.128
202309 0.117 307.789 0.127
202312 0.130 306.746 0.142
202403 0.105 312.332 0.112
202406 0.106 314.175 0.113
202409 0.105 315.301 0.111
202412 0.124 315.605 0.131
202503 0.115 319.799 0.120
202506 0.125 322.561 0.129
202509 0.117 324.800 0.120
202512 0.113 324.054 0.116
202603 0.122 330.213 0.123
202606 0.129 333.952 0.129

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 0.81 mean?
JAS Asset PCL (BKK:J) has a Cyclically Adjusted PS Ratio of 0.81 as of Aug. 25, 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 JAS Asset PCL and its competitors. This is 16% above median its historical median of 0.70. Over the past decade, JAS Asset PCL's Cyclically Adjusted PS Ratio has ranged from 0.54 to 1.19. According to the industry distribution chart, JAS Asset PCL ranks #432 out of 1367 companies in the Real Estate industry, placing it in the top 31.6%.
Is JAS Asset PCL's Cyclically Adjusted PS Ratio too high?
JAS Asset PCL's current Cyclically Adjusted PS Ratio of 0.81 is 16% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.19. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. JAS Asset PCL's value of 0.81 is 54.5% below this industry median. Based on the distribution chart, JAS Asset PCL ranks #432 out of 1367 companies in the Real Estate industry, which is above the industry midpoint. Overall, JAS Asset PCL has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JAS Asset PCL's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, JAS Asset PCL ranks #432 out of 1367 companies for Cyclically Adjusted PS Ratio. This puts JAS Asset PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.78. JAS Asset PCL's value of 0.81 is 54.5% below this benchmark. Historically, JAS Asset PCL's own Cyclically Adjusted PS Ratio has ranged from 0.54 to 1.19 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.78, JAS Asset 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,367 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. JAS Asset PCL's current Cyclically Adjusted PS Ratio of 0.81 is 54.5% 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 JAS Asset PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JAS Asset PCL's current Cyclically Adjusted PS Ratio is 0.81, which is 16% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JAS Asset PCL stock overvalued right now?
Based on GuruFocus' analysis, JAS Asset PCL (BKK:J) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.17, compared to a current price of ฿0.86 — trading 26.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.81, which is 16% above median its 10-year median of 0.70 and 54.5% below the Real Estate industry median of 1.78. JAS Asset PCL's overall GF Score™ is 57/100 with 12 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 JAS Asset PCL (BKK:J), the current Cyclically Adjusted PS Ratio is 0.81 as of Aug. 25, 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 JAS Asset PCL (BKK:J) Overvalued in 2026?

Based on GuruFocus' analysis, JAS Asset PCL stock appears to be undervalued. The current stock price of ฿0.86 is trading 26.5% below its estimated GF Value™ of ฿1.17. GuruFocus considers JAS Asset PCL to be Modestly Undervalued.

Key valuation signals for BKK:J:

  • Cyclically Adjusted PS Ratio: 0.81 (16% above median its 10-year median of 0.70)
  • GF Value™: ฿1.17 vs. price of ฿0.86 (26.5% below fair value)
  • GF Score™: 57/100 with 12 warning signs
  • Industry Position: 54.5% below the Real Estate median (#432 of 1367)

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


JAS Asset PCL Business Description

Address Ladplakhao Road, No.87, The Jas Ramintra Building, 3rd Floor, Room A315, Anusawari Sub-district, Bang Khen District, Bangkok, THA, 10220
JAS Asset PCL is engaged in providing rental and related services and runs the business of organizing the rented space in shopping centers with an emphasis on the mobile phone and IT product zones. Geographically, the company provides its services only to the Thailand market. The business of the company operates in segments that are; Rental and related services business, Real estate business and others. The company generates maximum revenue from rental and related services business segment.
57GF Score

Get the complete analysis for BKK:J

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

฿0.86
Price
฿1.17
GF Value