Origin Property PCL (BKK:ORI) Cyclically Adjusted PS Ratio: 0.37 (As of Jul. 29, 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:ORI Origin Property PCL BKK:ORI
70 GF Score
Price ฿2.02
GF Value ฿2.82
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Origin Property PCL Cyclically Adjusted PS Ratio?

Origin Property PCL BKK:ORI 70 Cyclically Adjusted PS Ratio is 0.37 as of Jul. 29, 2026, which is 3% below its 10-year median of 0.38. GuruFocus rates BKK:ORI with a GF Score™ of 70/100 and a GF Value™ of ฿2.82 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,356 Real Estate companies, Origin Property PCL ranks better than 84.14% on this metric.

As of today (2026-07-29), Origin Property PCL's current share price is ฿2.02. Origin Property PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿5.52. Origin Property PCL's Cyclically Adjusted PS Ratio for today is 0.37.

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

BKK:ORI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.38   Max: 0.98
Current: 0.35

During the past years, Origin Property PCL's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.30. And the median was 0.38.

BKK:ORI's Cyclically Adjusted PS Ratio is ranked better than
84.14% of 1356 companies
in the Real Estate industry
Industry Median: 1.78 vs BKK:ORI: 0.35

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.

Origin Property PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.613. 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 ฿5.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Origin Property PCL  (BKK:ORI) 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.


Origin Property PCL Cyclically Adjusted PS Ratio Related Terms


Origin Property PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Origin Property 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.

Origin Property PCL Cyclically Adjusted PS Ratio Chart

Origin Property 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 0.00 0.00 0.00 0.72 0.33

Origin Property 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 0.40 0.31 0.50 0.33 0.33

Origin Property PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Origin Property 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.


Origin Property PCL Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Origin Property PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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

Origin Property 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.02/5.52
=0.37

* 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.

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

For example, Origin Property 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)
=0.613/330.2130*330.2130
=0.613

Current CPI (Mar. 2026) = 330.2130.

Origin Property PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.203 241.018 0.278
201609 0.379 241.428 0.518
201612 0.556 241.432 0.760
201703 0.177 243.801 0.240
201706 0.334 244.955 0.450
201709 0.319 246.819 0.427
201712 2.280 246.524 3.054
201803 0.983 249.554 1.301
201806 1.561 251.989 2.046
201809 1.494 252.439 1.954
201812 2.395 251.233 3.148
201903 1.283 254.202 1.667
201906 1.268 256.143 1.635
201909 1.433 256.759 1.843
201912 1.400 256.974 1.799
202003 0.865 258.115 1.107
202006 1.311 257.797 1.679
202009 0.978 260.280 1.241
202012 1.120 260.474 1.420
202103 1.480 264.877 1.845
202106 1.388 271.696 1.687
202109 1.557 274.310 1.874
202112 1.659 278.802 1.965
202203 1.408 287.504 1.617
202206 1.406 296.311 1.567
202209 1.463 296.808 1.628
202212 1.590 296.797 1.769
202303 1.417 301.836 1.550
202306 1.370 305.109 1.483
202309 1.949 307.789 2.091
202312 0.913 306.746 0.983
202403 1.116 312.332 1.180
202406 1.244 314.175 1.308
202409 1.091 315.301 1.143
202412 0.887 315.605 0.928
202503 0.667 319.799 0.689
202506 1.239 322.561 1.268
202509 0.818 324.800 0.832
202512 0.557 324.054 0.568
202603 0.613 330.213 0.613

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 0.37 mean?
Origin Property PCL (BKK:ORI) has a Cyclically Adjusted PS Ratio of 0.37 as of Jul. 29, 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 Origin Property PCL and its competitors. This is near median its historical median of 0.38. Over the past decade, Origin Property PCL's Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.98. According to the industry distribution chart, Origin Property PCL ranks #215 out of 1356 companies in the Real Estate industry, placing it in the top 15.9%.
Is Origin Property PCL's Cyclically Adjusted PS Ratio too high?
Origin Property PCL's current Cyclically Adjusted PS Ratio of 0.37 is near median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.98. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. Origin Property PCL's value of 0.37 is 79.2% below this industry median. Based on the distribution chart, Origin Property PCL ranks #215 out of 1356 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Origin Property PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Origin Property PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Origin Property PCL ranks #215 out of 1356 companies for Cyclically Adjusted PS Ratio. This places Origin Property PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.78. Origin Property PCL's value of 0.37 is 79.2% below this benchmark. Historically, Origin Property PCL's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.98 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.78, Origin Property 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,356 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. Origin Property PCL's current Cyclically Adjusted PS Ratio of 0.37 is 79.2% 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 Origin Property PCL and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Origin Property PCL's current Cyclically Adjusted PS Ratio is 0.37, which is near median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Origin Property PCL stock overvalued right now?
Based on GuruFocus' analysis, Origin Property PCL (BKK:ORI) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.82, compared to a current price of ฿2.02 — trading 28.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.37, which is near median its 10-year median of 0.38 and 79.2% below the Real Estate industry median of 1.78. Origin Property PCL's overall GF Score™ is 70/100 with 9 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 Origin Property PCL (BKK:ORI), the current Cyclically Adjusted PS Ratio is 0.37 as of Jul. 29, 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 Origin Property PCL (BKK:ORI) Overvalued in 2026?

Based on GuruFocus' analysis, Origin Property PCL stock appears to be undervalued. The current stock price of ฿2.02 is trading 28.4% below its estimated GF Value™ of ฿2.82. GuruFocus considers Origin Property PCL to be Modestly Undervalued.

Key valuation signals for BKK:ORI:

  • Cyclically Adjusted PS Ratio: 0.37 (near median its 10-year median of 0.38)
  • GF Value™: ฿2.82 vs. price of ฿2.02 (28.4% below fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 79.2% below the Real Estate median (#215 of 1356)

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


Origin Property PCL Business Description

Address 496 Moo 9, Tambon Samrong Nuea, Amphoe Mueang Samut Prakan, Samut Prakan, THA, 10270
Origin Property PCL is engaged in property development and investing in other companies. The majority of its revenue comes from the sale of real estate, which includes land, houses, and residential condominium units. It also provides project management services. The Group has four reportable segments: Condominium projects, Housing estate projects, Hotels and buildings for rent, and Others, which is services relating to real estate business. Geographically, it operates only in Thailand.
70GF Score

Get the complete analysis for BKK:ORI

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

฿2.02
Price
฿2.82
GF Value