Wattana Karnpaet PCL (BKK:NEW) Cyclically Adjusted PS Ratio: 2.07 (As of Jul. 25, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:NEW Wattana Karnpaet PCL BKK:NEW
76 GF Score
Price ฿95.00
GF Value ฿96.87
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Wattana Karnpaet PCL Cyclically Adjusted PS Ratio?

Wattana Karnpaet PCL BKK:NEW -2.06% 76 Cyclically Adjusted PS Ratio is 2.07 as of Jul. 25, 2026, which is 8% above its 10-year median of 1.91. GuruFocus rates BKK:NEW with a GF Score™ of 76/100 and a GF Value™ of ฿96.87 (Fairly Valued). The stock has 1 warning sign investors should review. Among 357 Healthcare Providers & Services companies, Wattana Karnpaet PCL ranks worse than 70.59% on this metric.

As of today (2026-07-25), Wattana Karnpaet PCL's current share price is ฿95.00. Wattana Karnpaet PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿45.82. Wattana Karnpaet PCL's Cyclically Adjusted PS Ratio for today is 2.07.

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

BKK:NEW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.31   Med: 1.91   Max: 4.12
Current: 2.27

During the past years, Wattana Karnpaet PCL's highest Cyclically Adjusted PS Ratio was 4.12. The lowest was 1.31. And the median was 1.91.

BKK:NEW's Cyclically Adjusted PS Ratio is ranked worse than
70.59% of 357 companies
in the Healthcare Providers & Services industry
Industry Median: 1.13 vs BKK:NEW: 2.27

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.

Wattana Karnpaet PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿10.974. 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 ฿45.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wattana Karnpaet PCL  (BKK:NEW) 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.


Wattana Karnpaet PCL Cyclically Adjusted PS Ratio Related Terms


Wattana Karnpaet PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wattana Karnpaet 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.

Wattana Karnpaet PCL Cyclically Adjusted PS Ratio Chart

Wattana Karnpaet 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 1.45 3.03 2.65 2.34 2.14

Wattana Karnpaet 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 2.67 1.93 2.14 2.14 2.74

BKK:NEW vs HCA, THC, DVA: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, Wattana Karnpaet 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.


Wattana Karnpaet PCL Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

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

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


BKK:NEW
76GF Score
Wattana Karnpaet PCL BKK:NEW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wattana Karnpaet 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=95.00/45.82
=2.07

* 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.

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

For example, Wattana Karnpaet 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)
=10.974/330.2130*330.2130
=10.974

Current CPI (Mar. 2026) = 330.2130.

Wattana Karnpaet PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.890 241.018 9.440
201609 7.602 241.428 10.398
201612 7.596 241.432 10.389
201703 6.567 243.801 8.895
201706 7.021 244.955 9.465
201709 8.875 246.819 11.874
201712 7.390 246.524 9.899
201803 8.481 249.554 11.222
201806 8.862 251.989 11.613
201809 9.527 252.439 12.462
201812 8.738 251.233 11.485
201903 9.305 254.202 12.087
201906 8.574 256.143 11.053
201909 9.962 256.759 12.812
201912 9.124 256.974 11.724
202003 9.559 258.115 12.229
202006 5.760 257.797 7.378
202009 7.573 260.280 9.608
202012 7.699 260.474 9.760
202103 7.580 264.877 9.450
202106 7.017 271.696 8.528
202109 7.566 274.310 9.108
202112 10.602 278.802 12.557
202203 13.280 287.504 15.253
202206 12.432 296.311 13.854
202209 14.176 296.808 15.771
202212 11.772 296.797 13.097
202303 11.134 301.836 12.181
202306 11.480 305.109 12.425
202309 13.128 307.789 14.084
202312 11.610 306.746 12.498
202403 11.881 312.332 12.561
202406 11.566 314.175 12.156
202409 12.024 315.301 12.593
202412 10.549 315.605 11.037
202503 10.433 319.799 10.773
202506 10.993 322.561 11.254
202509 12.900 324.800 13.115
202512 10.926 324.054 11.134
202603 10.974 330.213 10.974

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 2.07 mean?
Wattana Karnpaet PCL (BKK:NEW) has a Cyclically Adjusted PS Ratio of 2.07 as of Jul. 25, 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 Wattana Karnpaet PCL and its competitors. This is near median its historical median of 1.91. Over the past decade, Wattana Karnpaet PCL's Cyclically Adjusted PS Ratio has ranged from 1.31 to 4.12. According to the industry distribution chart, Wattana Karnpaet PCL ranks #252 out of 357 companies in the Healthcare Providers & Services industry, placing it in the top 70.6%.
Is Wattana Karnpaet PCL's Cyclically Adjusted PS Ratio too high?
Wattana Karnpaet PCL's current Cyclically Adjusted PS Ratio of 2.07 is near median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 4.12. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.13. Wattana Karnpaet PCL's value of 2.07 is 83.2% above this industry median. Based on the distribution chart, Wattana Karnpaet PCL ranks #252 out of 357 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Wattana Karnpaet PCL has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wattana Karnpaet PCL's Cyclically Adjusted PS Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Wattana Karnpaet PCL ranks #252 out of 357 companies for Cyclically Adjusted PS Ratio. This places Wattana Karnpaet PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.13. Wattana Karnpaet PCL's value of 2.07 is 83.2% above this benchmark. Historically, Wattana Karnpaet PCL's own Cyclically Adjusted PS Ratio has ranged from 1.31 to 4.12 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.13, Wattana Karnpaet 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.13, based on 357 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. Wattana Karnpaet PCL's current Cyclically Adjusted PS Ratio of 2.07 is 83.2% 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 Wattana Karnpaet PCL and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wattana Karnpaet PCL's current Cyclically Adjusted PS Ratio is 2.07, which is near median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wattana Karnpaet PCL stock overvalued right now?
Based on GuruFocus' analysis, Wattana Karnpaet PCL (BKK:NEW) is currently considered Fairly Valued. The stock's GF Value™ is ฿96.87, compared to a current price of ฿95.00 — trading 1.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.07, which is near median its 10-year median of 1.91 and 83.2% above the Healthcare Providers & Services industry median of 1.13. Wattana Karnpaet PCL's overall GF Score™ is 76/100 with 1 warning sign 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 Wattana Karnpaet PCL (BKK:NEW), the current Cyclically Adjusted PS Ratio is 2.07 as of Jul. 25, 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 Wattana Karnpaet PCL (BKK:NEW) Overvalued in 2026?

Based on GuruFocus' analysis, Wattana Karnpaet PCL stock appears to be undervalued. The current stock price of ฿95.00 is trading 1.9% below its estimated GF Value™ of ฿96.87. GuruFocus considers Wattana Karnpaet PCL to be Fairly Valued.

Key valuation signals for BKK:NEW:

  • Cyclically Adjusted PS Ratio: 2.07 (near median its 10-year median of 1.91)
  • GF Value™: ฿96.87 vs. price of ฿95.00 (1.9% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 83.2% above the Healthcare Providers & Services median (#252 of 357)

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


Wattana Karnpaet PCL Business Description

Address 70/7-8 Suphakitjanya Road, Mhakkang sub-district, Muang Udonthanee district, Udonthanee, THA, 41000
Wattana Karnpaet PCL is engaged in the operation of a hospital under the name North Eastern Wattana Hospital. It has a single segment of operation, namely the hospital and medical trading business. The company earns revenue from hospital, revenue from sales of medicines, and revenue from hospital rooms, which are derived from the provision of services to various types and a large number of customers. Geographically, the company's operations are carried out in Thailand.
76GF Score

Get the complete analysis for BKK:NEW

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

฿95.00
Price
฿96.87
GF Value