Land and Houses PCL (BKK:LH) Cyclically Adjusted PS Ratio: 1.24 (As of Aug. 06, 2026) — 59% Below Median

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Founder & CEO of GuruFocus
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BKK:LH Land and Houses PCL BKK:LH
72 GF Score
Price ฿3.78
GF Value ฿4.60
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Land and Houses PCL Cyclically Adjusted PS Ratio?

Land and Houses PCL BKK:LH -1.05% 72 Cyclically Adjusted PS Ratio is 1.24 as of Aug. 06, 2026, which is 59% below its 10-year median of 3.05. GuruFocus rates BKK:LH with a GF Score™ of 72/100 and a GF Value™ of ฿4.60 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 1,360 Real Estate companies, Land and Houses PCL ranks better than 60.66% on this metric.

As of today (2026-08-06), Land and Houses PCL's current share price is ฿3.78. Land and Houses PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿3.06. Land and Houses PCL's Cyclically Adjusted PS Ratio for today is 1.24.

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

BKK:LH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.06   Med: 3.05   Max: 5.34
Current: 1.22

During the past years, Land and Houses PCL's highest Cyclically Adjusted PS Ratio was 5.34. The lowest was 1.06. And the median was 3.05.

BKK:LH's Cyclically Adjusted PS Ratio is ranked better than
60.66% of 1360 companies
in the Real Estate industry
Industry Median: 1.82 vs BKK:LH: 1.22

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.

Land and Houses PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.402. 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 ฿3.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Land and Houses PCL  (BKK:LH) 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.


Land and Houses PCL Cyclically Adjusted PS Ratio Related Terms


Land and Houses PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Land and Houses 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.

Land and Houses PCL Cyclically Adjusted PS Ratio Chart

Land and Houses 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 3.11 3.24 2.62 1.64 1.24

Land and Houses 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 1.37 1.10 1.39 1.24 1.23

Land and Houses PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Land and Houses 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.


Land and Houses PCL Cyclically Adjusted PS Ratio vs Real Estate Industry

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

* The bar in red indicates where Land and Houses PCL's Cyclically Adjusted PS Ratio falls into.


BKK:LH
72GF Score
Land and Houses PCL BKK:LH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Land and Houses 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.

Land and Houses PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.78/3.06
=1.24

* 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.

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

For example, Land and Houses 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)
=0.402/330.2130*330.2130
=0.402

Current CPI (Mar. 2026) = 330.2130.

Land and Houses PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.657 241.018 0.900
201609 0.585 241.428 0.800
201612 0.638 241.432 0.873
201703 0.604 243.801 0.818
201706 0.834 244.955 1.124
201709 0.842 246.819 1.126
201712 0.656 246.524 0.879
201803 0.752 249.554 0.995
201806 0.715 251.989 0.937
201809 0.672 252.439 0.879
201812 0.754 251.233 0.991
201903 0.589 254.202 0.765
201906 0.649 256.143 0.837
201909 0.642 256.759 0.826
201912 0.663 256.974 0.852
202003 0.514 258.115 0.658
202006 0.638 257.797 0.817
202009 0.690 260.280 0.875
202012 0.696 260.474 0.882
202103 0.660 264.877 0.823
202106 0.767 271.696 0.932
202109 0.589 274.310 0.709
202112 0.759 278.802 0.899
202203 0.643 287.504 0.739
202206 0.790 296.311 0.880
202209 0.757 296.808 0.842
202212 0.829 296.797 0.922
202303 0.556 301.836 0.608
202306 0.580 305.109 0.628
202309 0.551 307.789 0.591
202312 0.575 306.746 0.619
202403 0.553 312.332 0.585
202406 0.593 314.175 0.623
202409 0.455 315.301 0.477
202412 0.524 315.605 0.548
202503 0.404 319.799 0.417
202506 0.516 322.561 0.528
202509 0.463 324.800 0.471
202512 0.472 324.054 0.481
202603 0.402 330.213 0.402

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 1.24 mean?
Land and Houses PCL (BKK:LH) has a Cyclically Adjusted PS Ratio of 1.24 as of Aug. 06, 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 Land and Houses PCL and its competitors. This is 59% below median its historical median of 3.05. Over the past decade, Land and Houses PCL's Cyclically Adjusted PS Ratio has ranged from 1.06 to 5.34. According to the industry distribution chart, Land and Houses PCL ranks #535 out of 1360 companies in the Real Estate industry, placing it in the top 39.3%.
Is Land and Houses PCL's Cyclically Adjusted PS Ratio too high?
Land and Houses PCL's current Cyclically Adjusted PS Ratio of 1.24 is 59% below median its 10-year median of 3.05. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 5.34. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. Land and Houses PCL's value of 1.24 is 31.9% below this industry median. Based on the distribution chart, Land and Houses PCL ranks #535 out of 1360 companies in the Real Estate industry, which is above the industry midpoint. Overall, Land and Houses PCL has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Land and Houses PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Land and Houses PCL ranks #535 out of 1360 companies for Cyclically Adjusted PS Ratio. This puts Land and Houses PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Land and Houses PCL's value of 1.24 is 31.9% below this benchmark. Historically, Land and Houses PCL's own Cyclically Adjusted PS Ratio has ranged from 1.06 to 5.34 over the past decade. While the company's 10-year median is 3.05 vs. the industry median of 1.82, Land and Houses 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 1.82, based on 1,360 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. Land and Houses PCL's current Cyclically Adjusted PS Ratio of 1.24 is 31.9% 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 Land and Houses PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Land and Houses PCL's current Cyclically Adjusted PS Ratio is 1.24, which is 59% below median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land and Houses PCL stock overvalued right now?
Based on GuruFocus' analysis, Land and Houses PCL (BKK:LH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿4.60, compared to a current price of ฿3.78 — trading 17.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.24, which is 59% below median its 10-year median of 3.05 and 31.9% below the Real Estate industry median of 1.82. Land and Houses PCL's overall GF Score™ is 72/100 with 10 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 Land and Houses PCL (BKK:LH), the current Cyclically Adjusted PS Ratio is 1.24 as of Aug. 06, 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 Land and Houses PCL (BKK:LH) Overvalued in 2026?

Based on GuruFocus' analysis, Land and Houses PCL stock appears to be undervalued. The current stock price of ฿3.78 is trading 17.8% below its estimated GF Value™ of ฿4.60. GuruFocus considers Land and Houses PCL to be Modestly Undervalued.

Key valuation signals for BKK:LH:

  • Cyclically Adjusted PS Ratio: 1.24 (59% below median its 10-year median of 3.05)
  • GF Value™: ฿4.60 vs. price of ฿3.78 (17.8% below fair value)
  • GF Score™: 72/100 with 10 warning signs
  • Industry Position: 31.9% below the Real Estate median (#535 of 1360)

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


Land and Houses PCL Business Description

Address No. 1, South Sathon Road, 37-38 Floor, Q. House Lumpini Building, Kwaeng Tungmahamek, Khet Sathon, Bangkok, THA, 10120
Land and Houses PCL is a residential property development company in Thailand. The company focuses on developing single-detached houses. It also develops townhouses and condominiums. It has two reportable segments: the Real Estate Business Segment and the Rental and Service Business Segment. Geographically, the business activities of the group are seen in Thailand and the USA, of which the Thailand region accounts for the majority of revenue.
72GF Score

Get the complete analysis for BKK:LH

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

฿3.78
Price
฿4.60
GF Value