Mahachai Hospital PCL (BKK:M-CHAI) Cyclically Adjusted PS Ratio: 0.61 (As of Aug. 10, 2026) — 59% Below Median

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BKK:M-CHAI Mahachai Hospital PCL BKK:M-CHAI
74 GF Score
Price ฿19.00
GF Value ฿28.72
Valuation Possible Value Trap
! 5 Warning Signs
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What is Mahachai Hospital PCL Cyclically Adjusted PS Ratio?

Mahachai Hospital PCL BKK:M-CHAI 74 Cyclically Adjusted PS Ratio is 0.61 as of Aug. 10, 2026, which is 59% below its 10-year median of 1.49. GuruFocus rates BKK:M-CHAI with a GF Score™ of 74/100 and a GF Value™ of ฿28.72 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 362 Healthcare Providers & Services companies, Mahachai Hospital PCL ranks better than 69.34% on this metric.

As of today (2026-08-10), Mahachai Hospital PCL's current share price is ฿19.00. Mahachai Hospital PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿31.11. Mahachai Hospital PCL's Cyclically Adjusted PS Ratio for today is 0.61.

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

BKK:M-CHAI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.49   Max: 3.75
Current: 0.61

During the past years, Mahachai Hospital PCL's highest Cyclically Adjusted PS Ratio was 3.75. The lowest was 0.57. And the median was 1.49.

BKK:M-CHAI's Cyclically Adjusted PS Ratio is ranked better than
69.34% of 362 companies
in the Healthcare Providers & Services industry
Industry Median: 1.18 vs BKK:M-CHAI: 0.61

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.

Mahachai Hospital PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿9.857. 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 ฿31.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahachai Hospital PCL  (BKK:M-CHAI) 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.


Mahachai Hospital PCL Cyclically Adjusted PS Ratio Related Terms


Mahachai Hospital PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mahachai Hospital 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.

Mahachai Hospital PCL Cyclically Adjusted PS Ratio Chart

Mahachai Hospital 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 1.82 1.52 2.71 0.96 0.73

Mahachai Hospital 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 0.71 0.56 0.79 0.73 0.59

BKK:M-CHAI vs HCA, THC, DVA: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, Mahachai Hospital 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.


Mahachai Hospital PCL Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Mahachai Hospital PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:M-CHAI
74GF Score
Mahachai Hospital PCL BKK:M-CHAI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahachai Hospital 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.

Mahachai Hospital PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.00/31.11
=0.61

* 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.

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

For example, Mahachai Hospital 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)
=9.857/330.2130*330.2130
=9.857

Current CPI (Mar. 2026) = 330.2130.

Mahachai Hospital PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.137 241.018 4.298
201609 3.709 241.428 5.073
201612 3.558 241.432 4.866
201703 3.221 243.801 4.363
201706 3.463 244.955 4.668
201709 3.694 246.819 4.942
201712 3.857 246.524 5.166
201803 3.478 249.554 4.602
201806 3.398 251.989 4.453
201809 3.991 252.439 5.221
201812 3.921 251.233 5.154
201903 3.672 254.202 4.770
201906 3.448 256.143 4.445
201909 4.659 256.759 5.992
201912 3.881 256.974 4.987
202003 3.903 258.115 4.993
202006 3.388 257.797 4.340
202009 3.857 260.280 4.893
202012 4.904 260.474 6.217
202103 3.992 264.877 4.977
202106 6.229 271.696 7.571
202109 10.176 274.310 12.250
202112 8.973 278.802 10.628
202203 9.358 287.504 10.748
202206 8.858 296.311 9.871
202209 9.695 296.808 10.786
202212 9.792 296.797 10.894
202303 9.701 301.836 10.613
202306 9.971 305.109 10.791
202309 11.027 307.789 11.830
202312 10.738 306.746 11.559
202403 10.278 312.332 10.866
202406 10.072 314.175 10.586
202409 11.112 315.301 11.638
202412 9.973 315.605 10.435
202503 9.615 319.799 9.928
202506 9.892 322.561 10.127
202509 10.774 324.800 10.954
202512 10.509 324.054 10.709
202603 9.857 330.213 9.857

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 0.61 mean?
Mahachai Hospital PCL (BKK:M-CHAI) has a Cyclically Adjusted PS Ratio of 0.61 as of Aug. 10, 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 Mahachai Hospital PCL and its competitors. This is 59% below median its historical median of 1.49. Over the past decade, Mahachai Hospital PCL's Cyclically Adjusted PS Ratio has ranged from 0.57 to 3.75. According to the industry distribution chart, Mahachai Hospital PCL ranks #111 out of 362 companies in the Healthcare Providers & Services industry, placing it in the top 30.7%.
Is Mahachai Hospital PCL's Cyclically Adjusted PS Ratio too high?
Mahachai Hospital PCL's current Cyclically Adjusted PS Ratio of 0.61 is 59% below median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 3.75. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.18. Mahachai Hospital PCL's value of 0.61 is 48.3% below this industry median. Based on the distribution chart, Mahachai Hospital PCL ranks #111 out of 362 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Mahachai Hospital PCL has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahachai Hospital PCL's Cyclically Adjusted PS Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Mahachai Hospital PCL ranks #111 out of 362 companies for Cyclically Adjusted PS Ratio. This puts Mahachai Hospital PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.18. Mahachai Hospital PCL's value of 0.61 is 48.3% below this benchmark. Historically, Mahachai Hospital PCL's own Cyclically Adjusted PS Ratio has ranged from 0.57 to 3.75 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.18, Mahachai Hospital 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.18, based on 362 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. Mahachai Hospital PCL's current Cyclically Adjusted PS Ratio of 0.61 is 48.3% 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 Mahachai Hospital PCL and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahachai Hospital PCL's current Cyclically Adjusted PS Ratio is 0.61, which is 59% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahachai Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Mahachai Hospital PCL (BKK:M-CHAI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿28.72, compared to a current price of ฿19.00 — trading 33.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.61, which is 59% below median its 10-year median of 1.49 and 48.3% below the Healthcare Providers & Services industry median of 1.18. Mahachai Hospital PCL's overall GF Score™ is 74/100 with 5 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 Mahachai Hospital PCL (BKK:M-CHAI), the current Cyclically Adjusted PS Ratio is 0.61 as of Aug. 10, 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 Mahachai Hospital PCL (BKK:M-CHAI) Overvalued in 2026?

Based on GuruFocus' analysis, Mahachai Hospital PCL stock appears to be undervalued. The current stock price of ฿19.00 is trading 33.8% below its estimated GF Value™ of ฿28.72. GuruFocus considers Mahachai Hospital PCL to be Possible Value Trap.

Key valuation signals for BKK:M-CHAI:

  • Cyclically Adjusted PS Ratio: 0.61 (59% below median its 10-year median of 1.49)
  • GF Value™: ฿28.72 vs. price of ฿19.00 (33.8% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 48.3% below the Healthcare Providers & Services median (#111 of 362)

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


Mahachai Hospital PCL Business Description

Address 927/43 K., Settakij 1 Road, Tambol Mahachai, Amphur Muang, Samut Sakhon, THA, 74000
Mahachai Hospital PCL is a Thailand-based company offering medical services. It operates in the hospital and medical trading business. The company is engaged in operating a private hospital under the name of Mahachai Hospital. It offers various medical services, including a urology clinic, blood and cancer clinic, surgery, obstetrics and gynecology, ear, nose, and throat clinic, general clinic, dental and implants center, skin and beauty center, and physical department. The company operates in Thailand only.
74GF Score

Get the complete analysis for BKK:M-CHAI

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

฿19.00
Price
฿28.72
GF Value