MCOT PCL (BKK:MCOT) Cyclically Adjusted PS Ratio: 1.89 (As of Aug. 07, 2026) — 78% Above Median

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BKK:MCOT MCOT PCL BKK:MCOT
44 GF Score
Price ฿5.80
GF Value ฿2.92
Valuation Significantly Overvalued
! 3 Warning Signs
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What is MCOT PCL Cyclically Adjusted PS Ratio?

MCOT PCL BKK:MCOT 44 Cyclically Adjusted PS Ratio is 1.89 as of Aug. 07, 2026, which is 78% above its 10-year median of 1.06. GuruFocus rates BKK:MCOT with a GF Score™ of 44/100 and a GF Value™ of ฿2.92 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 728 Media - Diversified companies, MCOT PCL ranks worse than 75.41% on this metric.

As of today (2026-08-07), MCOT PCL's current share price is ฿5.80. MCOT PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿3.07. MCOT PCL's Cyclically Adjusted PS Ratio for today is 1.89.

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

BKK:MCOT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.06   Max: 2.33
Current: 1.92

During the past years, MCOT PCL's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 0.47. And the median was 1.06.

BKK:MCOT's Cyclically Adjusted PS Ratio is ranked worse than
75.41% of 728 companies
in the Media - Diversified industry
Industry Median: 0.775 vs BKK:MCOT: 1.92

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.

MCOT PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.351. 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 ฿3.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MCOT PCL  (BKK:MCOT) 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.


MCOT PCL Cyclically Adjusted PS Ratio Related Terms


MCOT PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MCOT 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.

MCOT PCL Cyclically Adjusted PS Ratio Chart

MCOT 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 1.19 0.98 0.77 1.61 0.99

MCOT 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 1.14 1.16 1.10 0.99 2.07

BKK:MCOT vs NXST: Cyclically Adjusted PS Ratio Comparison

For the Broadcasting subindustry, MCOT 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.


MCOT PCL Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MCOT PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:MCOT
44GF Score
MCOT PCL BKK:MCOT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCOT 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.80/3.07
=1.89

* 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.

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

For example, MCOT 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)
=0.351/330.2130*330.2130
=0.351

Current CPI (Mar. 2026) = 330.2130.

MCOT PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.097 241.018 1.503
201609 0.928 241.428 1.269
201612 0.958 241.432 1.310
201703 0.897 243.801 1.215
201706 1.019 244.955 1.374
201709 1.086 246.819 1.453
201712 0.841 246.524 1.126
201803 0.773 249.554 1.023
201806 0.874 251.989 1.145
201809 0.912 252.439 1.193
201812 1.013 251.233 1.331
201903 0.907 254.202 1.178
201906 0.642 256.143 0.828
201909 0.673 256.759 0.866
201912 0.676 256.974 0.869
202003 0.644 258.115 0.824
202006 0.430 257.797 0.551
202009 0.571 260.280 0.724
202012 0.427 260.474 0.541
202103 0.458 264.877 0.571
202106 0.497 271.696 0.604
202109 0.533 274.310 0.642
202112 0.475 278.802 0.563
202203 0.415 287.504 0.477
202206 0.626 296.311 0.698
202209 0.440 296.808 0.490
202212 0.558 296.797 0.621
202303 0.443 301.836 0.485
202306 0.476 305.109 0.515
202309 0.493 307.789 0.529
202312 0.493 306.746 0.531
202403 0.372 312.332 0.393
202406 0.429 314.175 0.451
202409 0.430 315.301 0.450
202412 0.426 315.605 0.446
202503 0.354 319.799 0.366
202506 0.394 322.561 0.403
202509 0.423 324.800 0.430
202512 0.391 324.054 0.398
202603 0.351 330.213 0.351

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 1.89 mean?
MCOT PCL (BKK:MCOT) has a Cyclically Adjusted PS Ratio of 1.89 as of Aug. 07, 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 MCOT PCL and its competitors. This is 78% above median its historical median of 1.06. Over the past decade, MCOT PCL's Cyclically Adjusted PS Ratio has ranged from 0.47 to 2.33. According to the industry distribution chart, MCOT PCL ranks #549 out of 728 companies in the Media - Diversified industry, placing it in the top 75.4%.
Is MCOT PCL's Cyclically Adjusted PS Ratio too high?
MCOT PCL's current Cyclically Adjusted PS Ratio of 1.89 is 78% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.33. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.78. MCOT PCL's value of 1.89 is 143.9% above this industry median. Based on the distribution chart, MCOT PCL ranks #549 out of 728 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, MCOT PCL has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MCOT PCL's Cyclically Adjusted PS Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, MCOT PCL ranks #549 out of 728 companies for Cyclically Adjusted PS Ratio. This places MCOT PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.78. MCOT PCL's value of 1.89 is 143.9% above this benchmark. Historically, MCOT PCL's own Cyclically Adjusted PS Ratio has ranged from 0.47 to 2.33 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.78, MCOT PCL has consistently been above 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.78, based on 728 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. MCOT PCL's current Cyclically Adjusted PS Ratio of 1.89 is 143.9% above 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 MCOT PCL and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCOT PCL's current Cyclically Adjusted PS Ratio is 1.89, which is 78% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCOT PCL stock overvalued right now?
Based on GuruFocus' analysis, MCOT PCL (BKK:MCOT) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿2.92, compared to a current price of ฿5.80 — trading 98.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.89, which is 78% above median its 10-year median of 1.06 and 143.9% above the Media - Diversified industry median of 0.78. MCOT PCL's overall GF Score™ is 44/100 with 3 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 MCOT PCL (BKK:MCOT), the current Cyclically Adjusted PS Ratio is 1.89 as of Aug. 07, 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 MCOT PCL (BKK:MCOT) Overvalued in 2026?

Based on GuruFocus' analysis, MCOT PCL stock appears to be overvalued. The current stock price of ฿5.80 is trading 98.6% above its estimated GF Value™ of ฿2.92. GuruFocus considers MCOT PCL to be Significantly Overvalued.

Key valuation signals for BKK:MCOT:

  • Cyclically Adjusted PS Ratio: 1.89 (78% above median its 10-year median of 1.06)
  • GF Value™: ฿2.92 vs. price of ฿5.80 (98.6% above fair value)
  • GF Score™: 44/100 with 3 warning signs
  • Industry Position: 143.9% above the Media - Diversified median (#549 of 728)

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


MCOT PCL Business Description

Address 63/1 Rama 9 Road, Huay Kwang, Bangkok, THA, 10320
MCOT PCL is engaged in the production of television and radio programming, digital terrestrial TV broadcast network, and facility services, and provides advertisements through TV, radio, and digital media. The company has four business segments: Television & news services, Radio services, Engineering services, and New business services. The majority of its revenue is generated by Engineering services.
44GF Score

Get the complete analysis for BKK:MCOT

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

฿5.80
Price
฿2.92
GF Value