L.P.N. Development PCL (BKK:LPN-R) Cyclically Adjusted PS Ratio: 0.21 (As of Jun. 30, 2026) — 58% Below Median


BKK:LPN-R L.P.N. Development PCL BKK:LPN-R
72 GF Score
Price ฿4.15
GF Value ฿7.09
! 9 Warning Signs
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What is L.P.N. Development PCL Cyclically Adjusted PS Ratio?

L.P.N. Development PCL BKK:LPN-R 72 Cyclically Adjusted PS Ratio is 0.21 as of Jun. 30, 2026, which is 58% below its 10-year median of 0.50. GuruFocus rates BKK:LPN-R with a GF Score™ of 72/100 and a GF Value™ of ฿7.09. The stock has 9 warning signs investors should review. Among 1,361 Real Estate companies, L.P.N. Development PCL ranks better than 89.2% on this metric.

As of today (2026-06-30), L.P.N. Development PCL's current share price is ฿4.15064. L.P.N. Development PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿19.31. L.P.N. Development PCL's Cyclically Adjusted PS Ratio for today is 0.21.

The historical rank and industry rank for L.P.N. Development PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:LPN-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.5   Max: 1.47
Current: 0.21

During the past years, L.P.N. Development PCL's highest Cyclically Adjusted PS Ratio was 1.47. The lowest was 0.19. And the median was 0.50.

BKK:LPN-R's Cyclically Adjusted PS Ratio is ranked better than
89.2% of 1361 companies
in the Real Estate industry
Industry Median: 1.83 vs BKK:LPN-R: 0.21

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.

L.P.N. Development PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿1.328. 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 ฿19.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


L.P.N. Development PCL  (BKK:LPN-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.


L.P.N. Development PCL Cyclically Adjusted PS Ratio Related Terms


L.P.N. Development PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for L.P.N. Development 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.

L.P.N. Development PCL Cyclically Adjusted PS Ratio Chart

L.P.N. Development 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 0.54 0.50 0.46 0.31 0.20

L.P.N. Development 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 0.24 0.20 0.23 0.20 0.21

L.P.N. Development PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, L.P.N. Development 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.


L.P.N. Development PCL Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, L.P.N. Development PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where L.P.N. Development PCL's Cyclically Adjusted PS Ratio falls into.


BKK:LPN-R
72GF Score
L.P.N. Development PCL BKK:LPN-R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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L.P.N. Development 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.

L.P.N. Development PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.15064/19.31
=0.21

* 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.

L.P.N. Development PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, L.P.N. Development 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)
=1.328/330.2130*330.2130
=1.328

Current CPI (Mar. 2026) = 330.2130.

L.P.N. Development PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.499 241.018 4.794
201609 1.670 241.428 2.284
201612 1.728 241.432 2.363
201703 1.676 243.801 2.270
201706 1.381 244.955 1.862
201709 1.590 246.819 2.127
201712 1.867 246.524 2.501
201803 1.694 249.554 2.242
201806 1.547 251.989 2.027
201809 1.552 252.439 2.030
201812 2.833 251.233 3.724
201903 1.913 254.202 2.485
201906 1.151 256.143 1.484
201909 0.966 256.759 1.242
201912 2.809 256.974 3.610
202003 1.252 258.115 1.602
202006 1.058 257.797 1.355
202009 0.931 260.280 1.181
202012 1.822 260.474 2.310
202103 0.979 264.877 1.220
202106 0.936 271.696 1.138
202109 0.813 274.310 0.979
202112 1.103 278.802 1.306
202203 1.516 287.504 1.741
202206 1.366 296.311 1.522
202209 2.887 296.808 3.212
202212 1.298 296.797 1.444
202303 1.249 301.836 1.366
202306 1.191 305.109 1.289
202309 1.369 307.789 1.469
202312 1.284 306.746 1.382
202403 0.968 312.332 1.023
202406 1.627 314.175 1.710
202409 1.504 315.301 1.575
202412 1.397 315.605 1.462
202503 1.058 319.799 1.092
202506 1.073 322.561 1.098
202509 1.205 324.800 1.225
202512 1.402 324.054 1.429
202603 1.328 330.213 1.328

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 0.21 mean?
L.P.N. Development PCL (BKK:LPN-R) has a Cyclically Adjusted PS Ratio of 0.21 as of Jun. 30, 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 L.P.N. Development PCL and its competitors. This is 58% below median its historical median of 0.50. Over the past decade, L.P.N. Development PCL's Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.47. According to the industry distribution chart, L.P.N. Development PCL ranks #147 out of 1361 companies in the Real Estate industry, placing it in the top 10.8%.
Is L.P.N. Development PCL's Cyclically Adjusted PS Ratio too high?
L.P.N. Development PCL's current Cyclically Adjusted PS Ratio of 0.21 is 58% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.47. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. L.P.N. Development PCL's value of 0.21 is 88.5% below this industry median. Based on the distribution chart, L.P.N. Development PCL ranks #147 out of 1361 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, L.P.N. Development PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does L.P.N. Development PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, L.P.N. Development PCL ranks #147 out of 1361 companies for Cyclically Adjusted PS Ratio. This places L.P.N. Development PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.83. L.P.N. Development PCL's value of 0.21 is 88.5% below this benchmark. Historically, L.P.N. Development PCL's own Cyclically Adjusted PS Ratio has ranged from 0.19 to 1.47 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.83, L.P.N. Development 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 1.83, based on 1,361 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. L.P.N. Development PCL's current Cyclically Adjusted PS Ratio of 0.21 is 88.5% 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 L.P.N. Development PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L.P.N. Development PCL's current Cyclically Adjusted PS Ratio is 0.21, which is 58% 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 L.P.N. Development PCL stock overvalued right now?
L.P.N. Development PCL (BKK:LPN-R) has a current Cyclically Adjusted PS Ratio of 0.21. The stock's GF Value™ is ฿7.09, compared to a current price of ฿4.15 — trading 41.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21, which is 58% below median its 10-year median of 0.50 and 88.5% below the Real Estate industry median of 1.83. L.P.N. Development PCL's overall GF Score™ is 72/100 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 L.P.N. Development PCL (BKK:LPN-R), the current Cyclically Adjusted PS Ratio is 0.21 as of Jun. 30, 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 L.P.N. Development PCL (BKK:LPN-R) Overvalued in 2026?

Based on GuruFocus' analysis, L.P.N. Development PCL stock appears to be undervalued. The current stock price of ฿4.15 is trading 41.5% below its estimated GF Value™ of ฿7.09.

Key valuation signals for BKK:LPN-R:

  • Cyclically Adjusted PS Ratio: 0.21 (58% below median its 10-year median of 0.50)
  • GF Value™: ฿7.09 vs. price of ฿4.15 (41.5% below fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 88.5% below the Real Estate median (#147 of 1361)

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


L.P.N. Development PCL Business Description

Other Exchanges LPN:Thailand
Address Rama 4 Road, 1168/109, 36th Floor, Lumpini Tower, Tungmahamek Subdistrict, Sathorn District, Bangkok, THA, 10120
L.P.N. Development PCL is a Thailand-based company that offers real estate development and management services. It sells and rents developed projects such as offices and residential condominiums. The company operates through the following business segments: Real Estate, Rent and Service, Service and Management, and Others. A majority of its revenue is generated from the Real Estate segment.
72GF Score

Get the complete analysis for BKK:LPN-R

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

฿4.15
Price
฿7.09
GF Value