OHTL PCL (BKK:OHTL) Cyclically Adjusted PS Ratio: 1.73 (As of Jul. 25, 2026) — 40% Below Median

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BKK:OHTL OHTL PCL BKK:OHTL
70 GF Score
Price ฿257.00
GF Value ฿366.56
Valuation Possible Value Trap
! 2 Warning Signs
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What is OHTL PCL Cyclically Adjusted PS Ratio?

OHTL PCL BKK:OHTL -0.77% 70 Cyclically Adjusted PS Ratio is 1.73 as of Jul. 25, 2026, which is 40% below its 10-year median of 2.88. GuruFocus rates BKK:OHTL with a GF Score™ of 70/100 and a GF Value™ of ฿366.56 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 670 Travel & Leisure companies, OHTL PCL ranks worse than 59.25% on this metric.

As of today (2026-07-25), OHTL PCL's current share price is ฿257.00. OHTL PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿148.42. OHTL PCL's Cyclically Adjusted PS Ratio for today is 1.73.

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

BKK:OHTL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.72   Med: 2.88   Max: 8.24
Current: 1.73

During the past years, OHTL PCL's highest Cyclically Adjusted PS Ratio was 8.24. The lowest was 1.72. And the median was 2.88.

BKK:OHTL's Cyclically Adjusted PS Ratio is ranked worse than
59.25% of 670 companies
in the Travel & Leisure industry
Industry Median: 1.28 vs BKK:OHTL: 1.73

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.

OHTL PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿59.202. 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 ฿148.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


OHTL PCL  (BKK:OHTL) 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.


OHTL PCL Cyclically Adjusted PS Ratio Related Terms


OHTL PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for OHTL 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.

OHTL PCL Cyclically Adjusted PS Ratio Chart

OHTL 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 2.52 3.52 3.03 2.49 2.18

OHTL 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 2.21 1.83 2.23 2.18 1.83

BKK:OHTL vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, OHTL 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.


OHTL PCL Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, OHTL PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:OHTL
70GF Score
OHTL PCL BKK:OHTL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OHTL 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=257.00/148.42
=1.73

* 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.

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

For example, OHTL 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)
=59.202/330.2130*330.2130
=59.202

Current CPI (Mar. 2026) = 330.2130.

OHTL PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 26.307 241.018 36.043
201609 28.517 241.428 39.004
201612 38.791 241.432 53.055
201703 43.384 243.801 58.761
201706 26.441 244.955 35.644
201709 27.595 246.819 36.919
201712 43.597 246.524 58.397
201803 45.720 249.554 60.497
201806 26.416 251.989 34.616
201809 29.354 252.439 38.398
201812 44.579 251.233 58.593
201903 35.241 254.202 45.779
201906 11.782 256.143 15.189
201909 14.972 256.759 19.255
201912 24.187 256.974 31.080
202003 26.321 258.115 33.673
202006 1.893 257.797 2.425
202009 13.927 260.280 17.669
202012 18.378 260.474 23.299
202103 9.985 264.877 12.448
202106 5.575 271.696 6.776
202109 7.057 274.310 8.495
202112 14.611 278.802 17.305
202203 16.698 287.504 19.179
202206 22.189 296.311 24.728
202209 31.678 296.808 35.243
202212 56.997 296.797 63.414
202303 45.461 301.836 49.735
202306 36.195 305.109 39.173
202309 37.896 307.789 40.657
202312 47.070 306.746 50.671
202403 51.120 312.332 54.047
202406 34.714 314.175 36.486
202409 41.114 315.301 43.058
202412 51.904 315.605 54.306
202503 52.222 319.799 53.923
202506 28.674 322.561 29.354
202509 31.581 324.800 32.107
202512 54.581 324.054 55.618
202603 59.202 330.213 59.202

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 1.73 mean?
OHTL PCL (BKK:OHTL) has a Cyclically Adjusted PS Ratio of 1.73 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 OHTL PCL and its competitors. This is 40% below median its historical median of 2.88. Over the past decade, OHTL PCL's Cyclically Adjusted PS Ratio has ranged from 1.72 to 8.24. According to the industry distribution chart, OHTL PCL ranks #397 out of 670 companies in the Travel & Leisure industry, placing it in the top 59.3%.
Is OHTL PCL's Cyclically Adjusted PS Ratio too high?
OHTL PCL's current Cyclically Adjusted PS Ratio of 1.73 is 40% below median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 8.24. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.28. OHTL PCL's value of 1.73 is 35.2% above this industry median. Based on the distribution chart, OHTL PCL ranks #397 out of 670 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, OHTL PCL has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OHTL PCL's Cyclically Adjusted PS Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, OHTL PCL ranks #397 out of 670 companies for Cyclically Adjusted PS Ratio. This places OHTL PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. OHTL PCL's value of 1.73 is 35.2% above this benchmark. Historically, OHTL PCL's own Cyclically Adjusted PS Ratio has ranged from 1.72 to 8.24 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 1.28, OHTL 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.28, based on 670 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. OHTL PCL's current Cyclically Adjusted PS Ratio of 1.73 is 35.2% 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 OHTL PCL and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OHTL PCL's current Cyclically Adjusted PS Ratio is 1.73, which is 40% below median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OHTL PCL stock overvalued right now?
Based on GuruFocus' analysis, OHTL PCL (BKK:OHTL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿366.56, compared to a current price of ฿257.00 — trading 29.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.73, which is 40% below median its 10-year median of 2.88 and 35.2% above the Travel & Leisure industry median of 1.28. OHTL PCL's overall GF Score™ is 70/100 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 OHTL PCL (BKK:OHTL), the current Cyclically Adjusted PS Ratio is 1.73 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 OHTL PCL (BKK:OHTL) Overvalued in 2026?

Based on GuruFocus' analysis, OHTL PCL stock appears to be undervalued. The current stock price of ฿257.00 is trading 29.9% below its estimated GF Value™ of ฿366.56. GuruFocus considers OHTL PCL to be Possible Value Trap.

Key valuation signals for BKK:OHTL:

  • Cyclically Adjusted PS Ratio: 1.73 (40% below median its 10-year median of 2.88)
  • GF Value™: ฿366.56 vs. price of ฿257.00 (29.9% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 35.2% above the Travel & Leisure median (#397 of 670)

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


OHTL PCL Business Description

Address Charoenkrung Road, 48 Oriental Avenue, Soi Burapa, Bangrak, Bangkok, THA, 10500
OHTL PCL is engaged in lodging service. It owns and operates hotels and restaurants. The hotel provides accommodations, restaurants, banquet rooms, and other facilities. The company has two business segments, namely Hotel operation, Food & beverage. It also provides laundry services and manages confectionery shops. Majority of revenue is generated from Hotel operation segment.
70GF Score

Get the complete analysis for BKK:OHTL

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

฿257.00
Price
฿366.56
GF Value