Nava Nakorn PCL (BKK:NNCL-R) Cyclically Adjusted PS Ratio: 3.89 (As of Aug. 26, 2026) — Near Median

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BKK:NNCL-R Nava Nakorn PCL BKK:NNCL-R
75 GF Score
Price ฿1.87
GF Value ฿2.98
! 2 Warning Signs
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What is Nava Nakorn PCL Cyclically Adjusted PS Ratio?

Nava Nakorn PCL BKK:NNCL-R +22.52% 75 Cyclically Adjusted PS Ratio is 3.89 as of Aug. 26, 2026, which is 4% above its 10-year median of 3.73. GuruFocus rates BKK:NNCL-R with a GF Score™ of 75/100 and a GF Value™ of ฿2.98. The stock has 2 warning signs investors should review. Among 272 Utilities - Independent Power Producers companies, Nava Nakorn PCL ranks worse than 71.69% on this metric.

As of today (2026-08-26), Nava Nakorn PCL's current share price is ฿1.8669. Nava Nakorn PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿0.48. Nava Nakorn PCL's Cyclically Adjusted PS Ratio for today is 3.89.

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

BKK:NNCL-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.32   Med: 3.73   Max: 5.91
Current: 3.46

During the past years, Nava Nakorn PCL's highest Cyclically Adjusted PS Ratio was 5.91. The lowest was 2.32. And the median was 3.73.

BKK:NNCL-R's Cyclically Adjusted PS Ratio is ranked worse than
71.69% of 272 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.655 vs BKK:NNCL-R: 3.46

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.

Nava Nakorn PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿0.470. 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 ฿0.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nava Nakorn PCL  (BKK:NNCL-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.


Nava Nakorn PCL Cyclically Adjusted PS Ratio Related Terms


Nava Nakorn PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nava Nakorn 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.

Nava Nakorn PCL Cyclically Adjusted PS Ratio Chart

Nava Nakorn 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 5.22 4.22 3.91 3.33 3.04

Nava Nakorn 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 2.65 2.99 3.04 3.09 3.17

BKK:NNCL-R vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Nava Nakorn 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.


Nava Nakorn PCL Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Nava Nakorn PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:NNCL-R
75GF Score
Nava Nakorn PCL BKK:NNCL-R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nava Nakorn 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.8669/0.48
=3.89

* 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.

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

For example, Nava Nakorn 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)
=0.47/333.9520*333.9520
=0.470

Current CPI (Jun. 2026) = 333.9520.

Nava Nakorn PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.062 241.428 0.086
201612 0.062 241.432 0.086
201703 0.071 243.801 0.097
201706 0.074 244.955 0.101
201709 0.074 246.819 0.100
201712 0.091 246.524 0.123
201803 0.105 249.554 0.141
201806 0.088 251.989 0.117
201809 0.079 252.439 0.105
201812 0.146 251.233 0.194
201903 0.086 254.202 0.113
201906 0.086 256.143 0.112
201909 0.084 256.759 0.109
201912 0.084 256.974 0.109
202003 0.096 258.115 0.124
202006 0.205 257.797 0.266
202009 0.108 260.280 0.139
202012 0.089 260.474 0.114
202103 0.114 264.877 0.144
202106 0.145 271.696 0.178
202109 0.096 274.310 0.117
202112 0.096 278.802 0.115
202203 0.085 287.504 0.099
202206 0.122 296.311 0.137
202209 0.128 296.808 0.144
202212 0.137 296.797 0.154
202303 0.119 301.836 0.132
202306 0.137 305.109 0.150
202309 0.147 307.789 0.159
202312 0.094 306.746 0.102
202403 0.147 312.332 0.157
202406 0.108 314.175 0.115
202409 0.100 315.301 0.106
202412 0.098 315.605 0.104
202503 0.102 319.799 0.107
202506 0.093 322.561 0.096
202509 0.153 324.800 0.157
202512 0.091 324.054 0.094
202603 0.096 330.213 0.097
202606 0.470 333.952 0.470

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 3.89 mean?
Nava Nakorn PCL (BKK:NNCL-R) has a Cyclically Adjusted PS Ratio of 3.89 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 Nava Nakorn PCL and its competitors. This is near median its historical median of 3.73. Over the past decade, Nava Nakorn PCL's Cyclically Adjusted PS Ratio has ranged from 2.32 to 5.91. According to the industry distribution chart, Nava Nakorn PCL ranks #195 out of 272 companies in the Utilities - Independent Power Producers industry, placing it in the top 71.7%.
Is Nava Nakorn PCL's Cyclically Adjusted PS Ratio too high?
Nava Nakorn PCL's current Cyclically Adjusted PS Ratio of 3.89 is near median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 5.91. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.66. Nava Nakorn PCL's value of 3.89 is 135% above this industry median. Based on the distribution chart, Nava Nakorn PCL ranks #195 out of 272 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Nava Nakorn PCL has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Nava Nakorn PCL's Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Nava Nakorn PCL ranks #195 out of 272 companies for Cyclically Adjusted PS Ratio. This places Nava Nakorn PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. Nava Nakorn PCL's value of 3.89 is 135% above this benchmark. Historically, Nava Nakorn PCL's own Cyclically Adjusted PS Ratio has ranged from 2.32 to 5.91 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 1.66, Nava Nakorn 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.66, based on 272 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. Nava Nakorn PCL's current Cyclically Adjusted PS Ratio of 3.89 is 135% 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 Nava Nakorn PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nava Nakorn PCL's current Cyclically Adjusted PS Ratio is 3.89, which is near median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nava Nakorn PCL stock overvalued right now?
Nava Nakorn PCL (BKK:NNCL-R) has a current Cyclically Adjusted PS Ratio of 3.89. The stock's GF Value™ is ฿2.98, compared to a current price of ฿1.87 — trading 37.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.89, which is near median its 10-year median of 3.73 and 135% above the Utilities - Independent Power Producers industry median of 1.66. Nava Nakorn PCL's overall GF Score™ is 75/100 with 2 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 Nava Nakorn PCL (BKK:NNCL-R), the current Cyclically Adjusted PS Ratio is 3.89 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 Nava Nakorn PCL (BKK:NNCL-R) Overvalued in 2026?

Based on GuruFocus' analysis, Nava Nakorn PCL stock appears to be undervalued. The current stock price of ฿1.87 is trading 37.4% below its estimated GF Value™ of ฿2.98.

Key valuation signals for BKK:NNCL-R:

  • Cyclically Adjusted PS Ratio: 3.89 (near median its 10-year median of 3.73)
  • GF Value™: ฿2.98 vs. price of ฿1.87 (37.4% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 135% above the Utilities - Independent Power Producers median (#195 of 272)

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


Nava Nakorn PCL Business Description

Other Exchanges NNCL:Thailand
Address 999 Moo 13, Phaholyothin Road, Tambol Klong Nueng, Amphur Klong Luang, Pathumthani, THA, 12120
Nava Nakorn PCL is an industrial estate developer. It is engaged in the development of the property and industrial promotion zone projects for trading and leasing, and providing utilities and other facilities services in the industrial promotion zone. The company has two reportable segments, namely the Real estate business and the Utilities services business. It generates the majority of its revenue from the Utilities services segment.
75GF Score

Get the complete analysis for BKK:NNCL-R

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

฿1.87
Price
฿2.98
GF Value