Muang Thai Insurance PCL (BKK:MTI-R) Cyclically Adjusted PS Ratio: 0.65 (As of Aug. 26, 2026) — Near Median

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BKK:MTI-R Muang Thai Insurance PCL BKK:MTI-R
82 GF Score
Price ฿17.80
GF Value ฿18.41
Valuation Fairly Valued
! 4 Warning Signs
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What is Muang Thai Insurance PCL Cyclically Adjusted PS Ratio?

Muang Thai Insurance PCL BKK:MTI-R 82 Cyclically Adjusted PS Ratio is 0.65 as of Aug. 26, 2026, which is 2% below its 10-year median of 0.66. GuruFocus rates BKK:MTI-R with a GF Score™ of 82/100 and a GF Value™ of ฿18.41 (Fairly Valued). The stock has 4 warning signs investors should review. Among 403 Insurance companies, Muang Thai Insurance PCL ranks better than 72.95% on this metric.

As of today (2026-08-26), Muang Thai Insurance PCL's current share price is ฿17.80. Muang Thai Insurance PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿27.54. Muang Thai Insurance PCL's Cyclically Adjusted PS Ratio for today is 0.65.

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

BKK:MTI-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.66   Max: 1.13
Current: 0.7

During the past years, Muang Thai Insurance PCL's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.49. And the median was 0.66.

BKK:MTI-R's Cyclically Adjusted PS Ratio is ranked better than
72.95% of 403 companies
in the Insurance industry
Industry Median: 1.25 vs BKK:MTI-R: 0.70

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.

Muang Thai Insurance PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿8.896. 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 ฿27.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Muang Thai Insurance PCL  (BKK:MTI-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.


Muang Thai Insurance PCL Cyclically Adjusted PS Ratio Related Terms


Muang Thai Insurance PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Muang Thai Insurance 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.

Muang Thai Insurance PCL Cyclically Adjusted PS Ratio Chart

Muang Thai Insurance 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 0.70 0.70 0.60 0.51 0.67

Muang Thai Insurance PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.70 0.79 0.67 0.62 0.64

BKK:MTI-R vs CB, PGR, TRV: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Property & Casualty subindustry, Muang Thai Insurance 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.


Muang Thai Insurance PCL Cyclically Adjusted PS Ratio vs Insurance Industry

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

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


BKK:MTI-R
82GF Score
Muang Thai Insurance PCL BKK:MTI-R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Muang Thai Insurance 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.

Muang Thai Insurance PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.80/27.54
=0.65

* 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.

Muang Thai Insurance PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Muang Thai Insurance PCL's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.896/333.9520*333.9520
=8.896

Current CPI (Jun. 2026) = 333.9520.

Muang Thai Insurance PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.795 241.428 5.249
201612 3.897 241.432 5.390
201703 3.779 243.801 5.176
201706 3.861 244.955 5.264
201709 3.833 246.819 5.186
201712 3.923 246.524 5.314
201803 3.805 249.554 5.092
201806 3.857 251.989 5.112
201809 3.864 252.439 5.112
201812 3.818 251.233 5.075
201903 3.648 254.202 4.792
201906 3.792 256.143 4.944
201909 3.946 256.759 5.132
201912 4.004 256.974 5.203
202003 4.254 258.115 5.504
202006 4.183 257.797 5.419
202009 4.131 260.280 5.300
202012 4.197 260.474 5.381
202103 4.407 264.877 5.556
202106 4.225 271.696 5.193
202109 4.327 274.310 5.268
202112 4.465 278.802 5.348
202203 4.608 287.504 5.352
202206 4.523 296.311 5.098
202209 5.028 296.808 5.657
202212 5.031 296.797 5.661
202303 5.008 301.836 5.541
202306 5.093 305.109 5.574
202309 5.534 307.789 6.004
202312 5.748 306.746 6.258
202403 6.291 312.332 6.726
202406 7.350 314.175 7.813
202409 7.449 315.301 7.890
202412 9.299 315.605 9.840
202503 8.171 319.799 8.533
202506 8.503 322.561 8.803
202509 8.471 324.800 8.710
202512 12.484 324.054 12.865
202603 8.464 330.213 8.560
202606 8.896 333.952 8.896

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 0.65 mean?
Muang Thai Insurance PCL (BKK:MTI-R) has a Cyclically Adjusted PS Ratio of 0.65 as of Aug. 26, 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 Muang Thai Insurance PCL and its competitors. This is near median its historical median of 0.66. Over the past decade, Muang Thai Insurance PCL's Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.13. According to the industry distribution chart, Muang Thai Insurance PCL ranks #109 out of 403 companies in the Insurance industry, placing it in the top 27%.
Is Muang Thai Insurance PCL's Cyclically Adjusted PS Ratio too high?
Muang Thai Insurance PCL's current Cyclically Adjusted PS Ratio of 0.65 is near median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.13. The Insurance industry median Cyclically Adjusted PS Ratio is 1.25. Muang Thai Insurance PCL's value of 0.65 is 48% below this industry median. Based on the distribution chart, Muang Thai Insurance PCL ranks #109 out of 403 companies in the Insurance industry, which is above the industry midpoint. Overall, Muang Thai Insurance PCL has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Muang Thai Insurance PCL's Cyclically Adjusted PS Ratio compare to CB and PGR?
According to the Insurance industry distribution chart, Muang Thai Insurance PCL ranks #109 out of 403 companies for Cyclically Adjusted PS Ratio. This puts Muang Thai Insurance PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.25. Muang Thai Insurance PCL's value of 0.65 is 48% below this benchmark. Historically, Muang Thai Insurance PCL's own Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.13 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.25, Muang Thai Insurance 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 an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.25, based on 403 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. Muang Thai Insurance PCL's current Cyclically Adjusted PS Ratio of 0.65 is 48% 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 Muang Thai Insurance PCL and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muang Thai Insurance PCL's current Cyclically Adjusted PS Ratio is 0.65, which is near median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muang Thai Insurance PCL stock overvalued right now?
Based on GuruFocus' analysis, Muang Thai Insurance PCL (BKK:MTI-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿18.41, compared to a current price of ฿17.80 — trading 3.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.65, which is near median its 10-year median of 0.66 and 48% below the Insurance industry median of 1.25. Muang Thai Insurance PCL's overall GF Score™ is 82/100 with 4 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 Muang Thai Insurance PCL (BKK:MTI-R), the current Cyclically Adjusted PS Ratio is 0.65 as of Aug. 26, 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 Muang Thai Insurance PCL (BKK:MTI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Muang Thai Insurance PCL stock appears to be undervalued. The current stock price of ฿17.80 is trading 3.3% below its estimated GF Value™ of ฿18.41. GuruFocus considers Muang Thai Insurance PCL to be Fairly Valued.

Key valuation signals for BKK:MTI-R:

  • Cyclically Adjusted PS Ratio: 0.65 (near median its 10-year median of 0.66)
  • GF Value™: ฿18.41 vs. price of ฿17.80 (3.3% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 48% below the Insurance median (#109 of 403)

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


Muang Thai Insurance PCL Business Description

Other Exchanges MTI:Thailand
Address 252, Rajadapisek Road, Building 1, Huaykwang Sub-district, Huaykwang District, Bangkok, THA, 10310
Muang Thai Insurance PCL is an insurance company whose core business is non-life insurance. As such, the company provides services including motor, property, marine, transportation, engineering, personal accident, health, special products, liability, and miscellaneous insurance. The company organizes its operations into two segments: Motor and Non-Motor Products. Motor products include insure of compulsory and voluntary motor; Non-motor products include insure of property, marine and transportation, fire, engineering, personal accident and health, special products and liability and miscellaneous insurance. It generates its revenue from the premium income both direct premiums and reinsurance premiums, including the fees and commissions received.
82GF Score

Get the complete analysis for BKK:MTI-R

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

฿17.80
Price
฿18.41
GF Value