Krung Thai Bank PCL (BKK:KTB-R) Cyclically Adjusted PS Ratio: 3.14 (As of Jul. 05, 2026) — 64% Above Median


BKK:KTB-R Krung Thai Bank PCL BKK:KTB-R
43 GF Score
Price ฿35.13
GF Value ฿18.86
! 7 Warning Signs
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What is Krung Thai Bank PCL Cyclically Adjusted PS Ratio?

Krung Thai Bank PCL BKK:KTB-R 43 Cyclically Adjusted PS Ratio is 3.14 as of Jul. 05, 2026, which is 64% above its 10-year median of 1.92. GuruFocus rates BKK:KTB-R with a GF Score™ of 43/100 and a GF Value™ of ฿18.86. The stock has 7 warning signs investors should review. Among 1,301 Banks companies, Krung Thai Bank PCL ranks worse than 55.42% on this metric.

As of today (2026-07-05), Krung Thai Bank PCL's current share price is ฿35.12611. Krung Thai Bank PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿11.17. Krung Thai Bank PCL's Cyclically Adjusted PS Ratio for today is 3.14.

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

BKK:KTB-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.92   Max: 3.59
Current: 3.59

During the past years, Krung Thai Bank PCL's highest Cyclically Adjusted PS Ratio was 3.59. The lowest was 1.02. And the median was 1.92.

BKK:KTB-R's Cyclically Adjusted PS Ratio is ranked worse than
55.42% of 1301 companies
in the Banks industry
Industry Median: 3.32 vs BKK:KTB-R: 3.59

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.

Krung Thai Bank PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿2.746. 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 ฿11.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Krung Thai Bank PCL  (BKK:KTB-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.


Krung Thai Bank PCL Cyclically Adjusted PS Ratio Related Terms


Krung Thai Bank PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Krung Thai Bank 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.

Krung Thai Bank PCL Cyclically Adjusted PS Ratio Chart

Krung Thai Bank 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 1.45 1.83 1.80 1.97 2.58

Krung Thai Bank 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 2.23 1.95 2.25 2.58 3.14

Krung Thai Bank PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Krung Thai Bank 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.


Krung Thai Bank PCL Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Krung Thai Bank PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Krung Thai Bank PCL's Cyclically Adjusted PS Ratio falls into.


BKK:KTB-R
43GF Score
Krung Thai Bank PCL BKK:KTB-R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Krung Thai Bank 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.

Krung Thai Bank PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.12611/11.17
=3.14

* 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.

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

For example, Krung Thai Bank 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)
=2.746/330.2130*330.2130
=2.746

Current CPI (Mar. 2026) = 330.2130.

Krung Thai Bank PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.166 241.018 2.968
201609 2.212 241.428 3.025
201612 2.174 241.432 2.973
201703 2.165 243.801 2.932
201706 2.093 244.955 2.821
201709 2.124 246.819 2.842
201712 2.139 246.524 2.865
201803 2.093 249.554 2.769
201806 2.080 251.989 2.726
201809 2.054 252.439 2.687
201812 2.110 251.233 2.773
201903 2.368 254.202 3.076
201906 2.109 256.143 2.719
201909 2.126 256.759 2.734
201912 2.254 256.974 2.896
202003 2.186 258.115 2.797
202006 2.246 257.797 2.877
202009 2.109 260.280 2.676
202012 2.012 260.474 2.551
202103 2.039 264.877 2.542
202106 2.044 271.696 2.484
202109 2.008 274.310 2.417
202112 2.133 278.802 2.526
202203 2.107 287.504 2.420
202206 2.099 296.311 2.339
202209 2.221 296.808 2.471
202212 2.475 296.797 2.754
202303 2.499 301.836 2.734
202306 2.562 305.109 2.773
202309 2.763 307.789 2.964
202312 2.819 306.746 3.035
202403 2.904 312.332 3.070
202406 2.781 314.175 2.923
202409 2.893 315.301 3.030
202412 2.748 315.605 2.875
202503 2.824 319.799 2.916
202506 2.806 322.561 2.873
202509 2.954 324.800 3.003
202512 2.641 324.054 2.691
202603 2.746 330.213 2.746

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 3.14 mean?
Krung Thai Bank PCL (BKK:KTB-R) has a Cyclically Adjusted PS Ratio of 3.14 as of Jul. 05, 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 Krung Thai Bank PCL and its competitors. This is 64% above median its historical median of 1.92. Over the past decade, Krung Thai Bank PCL's Cyclically Adjusted PS Ratio has ranged from 1.02 to 3.59. According to the industry distribution chart, Krung Thai Bank PCL ranks #721 out of 1301 companies in the Banks industry, placing it in the top 55.4%.
Is Krung Thai Bank PCL's Cyclically Adjusted PS Ratio too high?
Krung Thai Bank PCL's current Cyclically Adjusted PS Ratio of 3.14 is 64% above median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 3.59. The Banks industry median Cyclically Adjusted PS Ratio is 3.32. Krung Thai Bank PCL's value of 3.14 is 5.4% below this industry median. Based on the distribution chart, Krung Thai Bank PCL ranks #721 out of 1301 companies in the Banks industry, which is below the industry midpoint. Overall, Krung Thai Bank PCL has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Krung Thai Bank PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Krung Thai Bank PCL ranks #721 out of 1301 companies for Cyclically Adjusted PS Ratio. This places Krung Thai Bank PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.32. Krung Thai Bank PCL's value of 3.14 is 5.4% below this benchmark. Historically, Krung Thai Bank PCL's own Cyclically Adjusted PS Ratio has ranged from 1.02 to 3.59 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 3.32, Krung Thai Bank 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.32, based on 1,301 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. Krung Thai Bank PCL's current Cyclically Adjusted PS Ratio of 3.14 is 5.4% 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 Krung Thai Bank PCL and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krung Thai Bank PCL's current Cyclically Adjusted PS Ratio is 3.14, which is 64% above median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krung Thai Bank PCL stock overvalued right now?
Krung Thai Bank PCL (BKK:KTB-R) has a current Cyclically Adjusted PS Ratio of 3.14. The stock's GF Value™ is ฿18.86, compared to a current price of ฿35.13 — trading 86.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.14, which is 64% above median its 10-year median of 1.92 and 5.4% below the Banks industry median of 3.32. Krung Thai Bank PCL's overall GF Score™ is 43/100 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 Krung Thai Bank PCL (BKK:KTB-R), the current Cyclically Adjusted PS Ratio is 3.14 as of Jul. 05, 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 Krung Thai Bank PCL (BKK:KTB-R) Overvalued in 2026?

Based on GuruFocus' analysis, Krung Thai Bank PCL stock appears to be overvalued. The current stock price of ฿35.13 is trading 86.2% above its estimated GF Value™ of ฿18.86.

Key valuation signals for BKK:KTB-R:

  • Cyclically Adjusted PS Ratio: 3.14 (64% above median its 10-year median of 1.92)
  • GF Value™: ฿18.86 vs. price of ฿35.13 (86.2% above fair value)
  • GF Score™: 43/100 with 7 warning signs
  • Industry Position: 5.4% below the Banks median (#721 of 1301)

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


Krung Thai Bank PCL Business Description

Address 35 Sukhumvit Road, Klongtoey Nua Subdistrict, Wattana District, Bangkok, THA, 10110
Krung Thai Bank PCL is a commercial bank in Thailand conducting its business through a nationwide branch network and in certain centers of the world. The company operates in the following reportable segments: Retail banking, Corporate banking, and Treasury and investments. Maximum revenue is generated from its Retail banking segment, which develops financial products and services and also provides services for individual customers relating to deposits, loans, payment for goods and services, and others. The Corporate Banking segment provides credit facilities and financial services to corporate clients, and the Treasury and Investments segment controls the bank's financial structure and manages its equity investments, international business, and excess liquidity.
43GF Score

Get the complete analysis for BKK:KTB-R

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

฿35.13
Price
฿18.86
GF Value