Phatra Leasing PCL (BKK:PL) Cyclically Adjusted PS Ratio: 0.20 (As of Jul. 15, 2026) — 38% Below Median

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BKK:PL Phatra Leasing PCL BKK:PL
58 GF Score
Price ฿1.33
GF Value ฿1.51
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Phatra Leasing PCL Cyclically Adjusted PS Ratio?

Phatra Leasing PCL BKK:PL +0.76% 58 Cyclically Adjusted PS Ratio is 0.20 as of Jul. 15, 2026, which is 38% below its 10-year median of 0.32. GuruFocus rates BKK:PL with a GF Score™ of 58/100 and a GF Value™ of ฿1.51 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 716 Business Services companies, Phatra Leasing PCL ranks better than 86.87% on this metric.

As of today (2026-07-15), Phatra Leasing PCL's current share price is ฿1.33. Phatra Leasing PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿6.77. Phatra Leasing PCL's Cyclically Adjusted PS Ratio for today is 0.20.

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

BKK:PL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.32   Max: 0.59
Current: 0.19

During the past years, Phatra Leasing PCL's highest Cyclically Adjusted PS Ratio was 0.59. The lowest was 0.14. And the median was 0.32.

BKK:PL's Cyclically Adjusted PS Ratio is ranked better than
86.87% of 716 companies
in the Business Services industry
Industry Median: 0.905 vs BKK:PL: 0.19

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.

Phatra Leasing PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿1.072. 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 ฿6.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phatra Leasing PCL  (BKK:PL) 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.


Phatra Leasing PCL Cyclically Adjusted PS Ratio Related Terms


Phatra Leasing PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Phatra Leasing 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.

Phatra Leasing PCL Cyclically Adjusted PS Ratio Chart

Phatra Leasing 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 0.35 0.33 0.29 0.22 0.19

Phatra Leasing 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 0.15 0.16 0.20 0.19 0.19

BKK:PL vs URI, SUNB, AER: Cyclically Adjusted PS Ratio Comparison

For the Rental & Leasing Services subindustry, Phatra Leasing 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.


Phatra Leasing PCL Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Phatra Leasing PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:PL
58GF Score
Phatra Leasing PCL BKK:PL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phatra Leasing 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.33/6.77
=0.20

* 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.

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

For example, Phatra Leasing 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)
=1.072/330.2130*330.2130
=1.072

Current CPI (Mar. 2026) = 330.2130.

Phatra Leasing PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.614 241.018 2.211
201609 1.856 241.428 2.539
201612 1.697 241.432 2.321
201703 1.554 243.801 2.105
201706 1.568 244.955 2.114
201709 1.756 246.819 2.349
201712 1.482 246.524 1.985
201803 1.653 249.554 2.187
201806 1.659 251.989 2.174
201809 1.561 252.439 2.042
201812 1.475 251.233 1.939
201903 1.668 254.202 2.167
201906 1.632 256.143 2.104
201909 1.572 256.759 2.022
201912 1.556 256.974 1.999
202003 1.603 258.115 2.051
202006 1.645 257.797 2.107
202009 1.517 260.280 1.925
202012 1.411 260.474 1.789
202103 1.366 264.877 1.703
202106 1.319 271.696 1.603
202109 1.437 274.310 1.730
202112 1.435 278.802 1.700
202203 1.238 287.504 1.422
202206 1.208 296.311 1.346
202209 1.317 296.808 1.465
202212 1.157 296.797 1.287
202303 0.977 301.836 1.069
202306 1.091 305.109 1.181
202309 1.308 307.789 1.403
202312 1.095 306.746 1.179
202403 1.268 312.332 1.341
202406 1.068 314.175 1.123
202409 1.239 315.301 1.298
202412 1.194 315.605 1.249
202503 0.910 319.799 0.940
202506 1.247 322.561 1.277
202509 1.064 324.800 1.082
202512 1.035 324.054 1.055
202603 1.072 330.213 1.072

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 0.20 mean?
Phatra Leasing PCL (BKK:PL) has a Cyclically Adjusted PS Ratio of 0.20 as of Jul. 15, 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 Phatra Leasing PCL and its competitors. This is 38% below median its historical median of 0.32. Over the past decade, Phatra Leasing PCL's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.59. According to the industry distribution chart, Phatra Leasing PCL ranks #94 out of 716 companies in the Business Services industry, placing it in the top 13.1%.
Is Phatra Leasing PCL's Cyclically Adjusted PS Ratio too high?
Phatra Leasing PCL's current Cyclically Adjusted PS Ratio of 0.20 is 38% below median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.59. The Business Services industry median Cyclically Adjusted PS Ratio is 0.91. Phatra Leasing PCL's value of 0.20 is 77.9% below this industry median. Based on the distribution chart, Phatra Leasing PCL ranks #94 out of 716 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Phatra Leasing PCL has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Phatra Leasing PCL's Cyclically Adjusted PS Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Phatra Leasing PCL ranks #94 out of 716 companies for Cyclically Adjusted PS Ratio. This places Phatra Leasing PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.91. Phatra Leasing PCL's value of 0.20 is 77.9% below this benchmark. Historically, Phatra Leasing PCL's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.59 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.91, Phatra Leasing 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.91, based on 716 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. Phatra Leasing PCL's current Cyclically Adjusted PS Ratio of 0.20 is 77.9% 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 Phatra Leasing PCL and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phatra Leasing PCL's current Cyclically Adjusted PS Ratio is 0.20, which is 38% below median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phatra Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Phatra Leasing PCL (BKK:PL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.51, compared to a current price of ฿1.33 — trading 11.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.20, which is 38% below median its 10-year median of 0.32 and 77.9% below the Business Services industry median of 0.91. Phatra Leasing PCL's overall GF Score™ is 58/100 with 8 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 Phatra Leasing PCL (BKK:PL), the current Cyclically Adjusted PS Ratio is 0.20 as of Jul. 15, 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 Phatra Leasing PCL (BKK:PL) Overvalued in 2026?

Based on GuruFocus' analysis, Phatra Leasing PCL stock appears to be undervalued. The current stock price of ฿1.33 is trading 11.9% below its estimated GF Value™ of ฿1.51. GuruFocus considers Phatra Leasing PCL to be Modestly Undervalued.

Key valuation signals for BKK:PL:

  • Cyclically Adjusted PS Ratio: 0.20 (38% below median its 10-year median of 0.32)
  • GF Value™: ฿1.51 vs. price of ฿1.33 (11.9% below fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 77.9% below the Business Services median (#94 of 716)

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


Phatra Leasing PCL Business Description

Address 252/6, Rachadaphisek Road, 29th Floor, Muangthai-Phatra Complex 1, Huay Khwang, Bangkok, THA, 10320
Phatra Leasing PCL is engaged in the provision of leasing services. The company operates in two segments; the Land Vehicle segment and the Others segment. The company provides PL Auto Leasing services in both operating leases and financial leases for vehicles such as cars, including executive cars, and cars used in the organization, with comprehensive services ranging from car procurement, and others; and PL Commercial Leasing provides leasing services in the form of financial leases for a variety of other commercial properties, such as medical equipment, machinery, computers, and general equipment. The Company operates only in Thailand. The Land Vehicle segment accounts for a majority of the company's revenue.
58GF Score

Get the complete analysis for BKK:PL

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

฿1.33
Price
฿1.51
GF Value