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KGI Securities (Thailand) PCLBKK:KGI +0.84%72 Cyclically Adjusted PS Ratio is 3.23 as of Sep. 17, 2026, which is 24% above its 10-year median of 2.61. GuruFocus rates BKK:KGI with a GF Score™ of 72/100 and a GF Value™ of ฿5.01 (Fairly Valued). The stock has 7 warning signs investors should review. Among 602 Capital Markets companies, KGI Securities (Thailand) PCL ranks better than 63.46% on this metric.
The historical rank and industry rank for KGI Securities (Thailand) PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:
BKK:KGI'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.67 Med: 2.61 Max: 5.16
Current: 2.23
During the past years, KGI Securities (Thailand) PCL's highest Cyclically Adjusted PS Ratio was 5.16. The lowest was 1.67. And the median was 2.61.
BKK:KGI's Cyclically Adjusted PS Ratio is ranked better than 63.46% of 602
companies
in the Capital Markets industry
Industry Median: 3.595
vs BKK:KGI: 2.23
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.
KGI Securities (Thailand) PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿0.652. 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 ฿1.49 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
KGI Securities (Thailand) PCL (BKK:KGI) 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.
KGI Securities (Thailand) PCL Cyclically Adjusted PS Ratio Related Terms
KGI Securities (Thailand) PCL Cyclically Adjusted PS Ratio Historical Data
* 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.
KGI Securities (Thailand) PCL Cyclically Adjusted PS Ratio Chart
BKK:KGI vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison
For the Capital Markets subindustry, KGI Securities (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.
KGI Securities (Thailand) PCL Cyclically Adjusted PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, KGI Securities (Thailand) PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where KGI Securities (Thailand) PCL's Cyclically Adjusted PS Ratio falls into.
KGI Securities (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.
* 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.
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 3.23 mean?
KGI Securities (Thailand) PCL (BKK:KGI) has a Cyclically Adjusted PS Ratio of 3.23 as of Sep. 17, 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 KGI Securities (Thailand) PCL and its competitors. This is 24% above median its historical median of 2.61. Over the past decade, KGI Securities (Thailand) PCL's Cyclically Adjusted PS Ratio has ranged from 1.67 to 5.16. According to the industry distribution chart, KGI Securities (Thailand) PCL ranks #220 out of 602 companies in the Capital Markets industry, placing it in the top 36.5%.
Is KGI Securities (Thailand) PCL's Cyclically Adjusted PS Ratio too high?
KGI Securities (Thailand) PCL's current Cyclically Adjusted PS Ratio of 3.23 is 24% above median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 5.16. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.60. KGI Securities (Thailand) PCL's value of 3.23 is 10.2% below this industry median. Based on the distribution chart, KGI Securities (Thailand) PCL ranks #220 out of 602 companies in the Capital Markets industry, which is above the industry midpoint. Overall, KGI Securities (Thailand) PCL has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KGI Securities (Thailand) PCL's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, KGI Securities (Thailand) PCL ranks #220 out of 602 companies for Cyclically Adjusted PS Ratio. This puts KGI Securities (Thailand) PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.60. KGI Securities (Thailand) PCL's value of 3.23 is 10.2% below this benchmark. Historically, KGI Securities (Thailand) PCL's own Cyclically Adjusted PS Ratio has ranged from 1.67 to 5.16 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 3.60, KGI Securities (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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.60, based on 602 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. KGI Securities (Thailand) PCL's current Cyclically Adjusted PS Ratio of 3.23 is 10.2% 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 KGI Securities (Thailand) PCL and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KGI Securities (Thailand) PCL's current Cyclically Adjusted PS Ratio is 3.23, which is 24% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGI Securities (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, KGI Securities (Thailand) PCL (BKK:KGI) is currently considered Fairly Valued. The stock's GF Value™ is ฿5.01, compared to a current price of ฿4.80 — trading 4.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.23, which is 24% above median its 10-year median of 2.61 and 10.2% below the Capital Markets industry median of 3.60. KGI Securities (Thailand) PCL's overall GF Score™ is 72/100 with 7 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 KGI Securities (Thailand) PCL (BKK:KGI), the current Cyclically Adjusted PS Ratio is 3.23 as of Sep. 17, 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 KGI Securities (Thailand) PCL (BKK:KGI) Overvalued in 2026?
Based on GuruFocus' analysis, KGI Securities (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿4.80 is trading 4.2% below its estimated GF Value™ of ฿5.01.
GuruFocus considers KGI Securities (Thailand) PCL to be Fairly Valued.
Key valuation signals for BKK:KGI:
Cyclically Adjusted PS Ratio: 3.23 (24% above median its 10-year median of 2.61)
GF Value™: ฿5.01 vs. price of ฿4.80 (4.2% below fair value)
Industry Position: 10.2% below the Capital Markets median (#220 of 602)
No single metric tells the full story. See the BKK:KGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KGI Securities (Thailand) PCL is a Thailand-based company engaged in the securities and derivatives business. Its business activities include securities brokerage, securities dealing, investment advisory, securities underwriting, securities borrowing and lending, securities registrar, derivatives brokerage, financial advisory, over-the-counter derivative business, sales agent of mutual fund units, and others. The operating segments of the company are the Securities and derivatives brokerage segment, Investment banking segment, Security trading segment and Asset management segment, of which key revenue is generated from the security trading segment. Geographically, the company operates in Thailand.
72GF Score
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