Nonthavej Hospital PCL (BKK:NTV) Cyclically Adjusted PS Ratio: 1.16 (As of Aug. 21, 2026) — 59% Below Median

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BKK:NTV Nonthavej Hospital PCL BKK:NTV
69 GF Score
Price ฿18.90
GF Value ฿27.13
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Nonthavej Hospital PCL Cyclically Adjusted PS Ratio?

Nonthavej Hospital PCL BKK:NTV +0.53% 69 Cyclically Adjusted PS Ratio is 1.16 as of Aug. 21, 2026, which is 59% below its 10-year median of 2.84. GuruFocus rates BKK:NTV with a GF Score™ of 69/100 and a GF Value™ of ฿27.13 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 358 Healthcare Providers & Services companies, Nonthavej Hospital PCL ranks better than 50.84% on this metric.

As of today (2026-08-21), Nonthavej Hospital PCL's current share price is ฿18.90. Nonthavej Hospital PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿16.32. Nonthavej Hospital PCL's Cyclically Adjusted PS Ratio for today is 1.16.

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

BKK:NTV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.84   Max: 5.13
Current: 1.15

During the past years, Nonthavej Hospital PCL's highest Cyclically Adjusted PS Ratio was 5.13. The lowest was 1.14. And the median was 2.84.

BKK:NTV's Cyclically Adjusted PS Ratio is ranked better than
50.84% of 358 companies
in the Healthcare Providers & Services industry
Industry Median: 1.195 vs BKK:NTV: 1.15

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.

Nonthavej Hospital PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿3.370. 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 ฿16.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nonthavej Hospital PCL  (BKK:NTV) 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.


Nonthavej Hospital PCL Cyclically Adjusted PS Ratio Related Terms


Nonthavej Hospital PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nonthavej 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.

Nonthavej Hospital PCL Cyclically Adjusted PS Ratio Chart

Nonthavej 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 2.78 2.72 2.41 1.94 1.44

Nonthavej Hospital 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 1.56 1.54 1.44 1.35 1.16

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

For the Medical Care Facilities subindustry, Nonthavej 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.


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

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

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


BKK:NTV
69GF Score
Nonthavej Hospital PCL BKK:NTV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nonthavej 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.90/16.32
=1.16

* 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.

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

For example, Nonthavej Hospital 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)
=3.37/333.9520*333.9520
=3.370

Current CPI (Jun. 2026) = 333.9520.

Nonthavej Hospital PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.299 241.428 4.563
201612 3.195 241.432 4.419
201703 2.876 243.801 3.939
201706 2.984 244.955 4.068
201709 3.537 246.819 4.786
201712 3.440 246.524 4.660
201803 3.317 249.554 4.439
201806 3.254 251.989 4.312
201809 3.754 252.439 4.966
201812 3.410 251.233 4.533
201903 3.421 254.202 4.494
201906 3.232 256.143 4.214
201909 3.866 256.759 5.028
201912 3.583 256.974 4.656
202003 3.048 258.115 3.944
202006 2.281 257.797 2.955
202009 3.052 260.280 3.916
202012 3.346 260.474 4.290
202103 2.651 264.877 3.342
202106 2.589 271.696 3.182
202109 2.513 274.310 3.059
202112 3.409 278.802 4.083
202203 3.058 287.504 3.552
202206 3.248 296.311 3.661
202209 3.817 296.808 4.295
202212 3.972 296.797 4.469
202303 3.555 301.836 3.933
202306 3.722 305.109 4.074
202309 4.155 307.789 4.508
202312 3.993 306.746 4.347
202403 3.756 312.332 4.016
202406 3.653 314.175 3.883
202409 4.344 315.301 4.601
202412 3.742 315.605 3.960
202503 3.636 319.799 3.797
202506 3.581 322.561 3.707
202509 3.840 324.800 3.948
202512 3.769 324.054 3.884
202603 3.344 330.213 3.382
202606 3.370 333.952 3.370

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 1.16 mean?
Nonthavej Hospital PCL (BKK:NTV) has a Cyclically Adjusted PS Ratio of 1.16 as of Aug. 21, 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 Nonthavej Hospital PCL and its competitors. This is 59% below median its historical median of 2.84. Over the past decade, Nonthavej Hospital PCL's Cyclically Adjusted PS Ratio has ranged from 1.14 to 5.13. According to the industry distribution chart, Nonthavej Hospital PCL ranks #176 out of 358 companies in the Healthcare Providers & Services industry, placing it in the top 49.2%.
Is Nonthavej Hospital PCL's Cyclically Adjusted PS Ratio too high?
Nonthavej Hospital PCL's current Cyclically Adjusted PS Ratio of 1.16 is 59% below median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 5.13. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.20. Nonthavej Hospital PCL's value of 1.16 is 2.9% below this industry median. Based on the distribution chart, Nonthavej Hospital PCL ranks #176 out of 358 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Nonthavej Hospital PCL has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nonthavej Hospital PCL's Cyclically Adjusted PS Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Nonthavej Hospital PCL ranks #176 out of 358 companies for Cyclically Adjusted PS Ratio. This puts Nonthavej Hospital PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.20. Nonthavej Hospital PCL's value of 1.16 is 2.9% below this benchmark. Historically, Nonthavej Hospital PCL's own Cyclically Adjusted PS Ratio has ranged from 1.14 to 5.13 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 1.20, Nonthavej 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 1.20, based on 358 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. Nonthavej Hospital PCL's current Cyclically Adjusted PS Ratio of 1.16 is 2.9% 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 Nonthavej Hospital PCL and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nonthavej Hospital PCL's current Cyclically Adjusted PS Ratio is 1.16, which is 59% below median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nonthavej Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Nonthavej Hospital PCL (BKK:NTV) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿27.13, compared to a current price of ฿18.90 — trading 30.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.16, which is 59% below median its 10-year median of 2.84 and 2.9% below the Healthcare Providers & Services industry median of 1.20. Nonthavej Hospital PCL's overall GF Score™ is 69/100 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 Nonthavej Hospital PCL (BKK:NTV), the current Cyclically Adjusted PS Ratio is 1.16 as of Aug. 21, 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 Nonthavej Hospital PCL (BKK:NTV) Overvalued in 2026?

Based on GuruFocus' analysis, Nonthavej Hospital PCL stock appears to be undervalued. The current stock price of ฿18.90 is trading 30.3% below its estimated GF Value™ of ฿27.13. GuruFocus considers Nonthavej Hospital PCL to be Significantly Undervalued.

Key valuation signals for BKK:NTV:

  • Cyclically Adjusted PS Ratio: 1.16 (59% below median its 10-year median of 2.84)
  • GF Value™: ฿27.13 vs. price of ฿18.90 (30.3% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 2.9% below the Healthcare Providers & Services median (#176 of 358)

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


Nonthavej Hospital PCL Business Description

Address 432, Ngamvongwan Road, Bang Khen Subdistrict, Mueang Nonthaburi, Nonthaburi, THA, 11000
Nonthavej Hospital PCL is engaged in the business of medical treatment in Thailand. It provides medical services by specialist physicians in all fields, supported by an experienced medical team. Its facilities include diagnostic and treatment equipment, a wellness center, a mobile digital X-ray unit for on-site and off-site health assessments, and ambulance services for patient transportation. The majority of the company's revenue is derived from hospital operations, which mainly consist of medical fees, hospital room sales, and medicine sales.
69GF Score

Get the complete analysis for BKK:NTV

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

฿18.90
Price
฿27.13
GF Value