Prime Road Power PCL (BKK:PRIME) Cyclically Adjusted PS Ratio: 0.11 (As of Jul. 14, 2026) — 92% Below 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.

What is Prime Road Power PCL Cyclically Adjusted PS Ratio?

Prime Road Power PCL BKK:PRIME +20.00% Cyclically Adjusted PS Ratio is 0.11 as of Jul. 14, 2026, which is 92% below its 10-year median of 1.30. The stock has 5 warning signs investors should review. Among 269 Utilities - Independent Power Producers companies, Prime Road Power PCL ranks better than 95.54% on this metric.

As of today (2026-07-14), Prime Road Power PCL's current share price is ฿0.06. Prime Road Power PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿0.57. Prime Road Power PCL's Cyclically Adjusted PS Ratio for today is 0.11.

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

BKK:PRIME' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 1.3   Max: 2.68
Current: 0.09

During the past years, Prime Road Power PCL's highest Cyclically Adjusted PS Ratio was 2.68. The lowest was 0.05. And the median was 1.30.

BKK:PRIME's Cyclically Adjusted PS Ratio is ranked better than
95.54% of 269 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.65 vs BKK:PRIME: 0.09

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.

Prime Road Power PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.029. 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 ฿0.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prime Road Power PCL  (BKK:PRIME) 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.


Prime Road Power PCL Cyclically Adjusted PS Ratio Related Terms


Prime Road Power PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Prime Road Power 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.

Prime Road Power PCL Cyclically Adjusted PS Ratio Chart

Prime Road Power 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 1.85 1.33 0.68 0.17 0.10

Prime Road Power 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 0.09 0.11 0.12 0.10 0.11

Prime Road Power PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Prime Road Power 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.


Prime Road Power PCL Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

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

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



Prime Road Power 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.

Prime Road Power PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.06/0.57
=0.11

* 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.

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

For example, Prime Road Power 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)
=0.029/330.2130*330.2130
=0.029

Current CPI (Mar. 2026) = 330.2130.

Prime Road Power PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.362 241.018 0.496
201609 0.327 241.428 0.447
201612 0.304 241.432 0.416
201703 0.298 243.801 0.404
201706 0.330 244.955 0.445
201709 0.359 246.819 0.480
201712 0.353 246.524 0.473
201803 0.358 249.554 0.474
201806 0.327 251.989 0.429
201809 0.014 252.439 0.018
201812 0.013 251.233 0.017
201903 0.022 254.202 0.029
201906 0.024 256.143 0.031
201909 0.021 256.759 0.027
201912 0.018 256.974 0.023
202003 0.021 258.115 0.027
202006 0.022 257.797 0.028
202009 0.030 260.280 0.038
202012 0.041 260.474 0.052
202103 0.028 264.877 0.035
202106 0.034 271.696 0.041
202109 0.042 274.310 0.051
202112 0.029 278.802 0.034
202203 0.026 287.504 0.030
202206 0.027 296.311 0.030
202209 0.035 296.808 0.039
202212 0.163 296.797 0.181
202303 0.103 301.836 0.113
202306 0.104 305.109 0.113
202309 0.071 307.789 0.076
202312 0.108 306.746 0.116
202403 0.070 312.332 0.074
202406 0.068 314.175 0.071
202409 0.064 315.301 0.067
202412 0.080 315.605 0.084
202503 0.057 319.799 0.059
202506 0.045 322.561 0.046
202509 0.033 324.800 0.034
202512 0.037 324.054 0.038
202603 0.029 330.213 0.029

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 0.11 mean?
Prime Road Power PCL (BKK:PRIME) has a Cyclically Adjusted PS Ratio of 0.11 as of Jul. 14, 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 Prime Road Power PCL and its competitors. This is 92% below median its historical median of 1.30. Over the past decade, Prime Road Power PCL's Cyclically Adjusted PS Ratio has ranged from 0.05 to 2.68. According to the industry distribution chart, Prime Road Power PCL ranks #12 out of 269 companies in the Utilities - Independent Power Producers industry, placing it in the top 4.5%.
Is Prime Road Power PCL's Cyclically Adjusted PS Ratio too high?
Prime Road Power PCL's current Cyclically Adjusted PS Ratio of 0.11 is 92% below median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 2.68. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.65. Prime Road Power PCL's value of 0.11 is 93.3% below this industry median. Based on the distribution chart, Prime Road Power PCL ranks #12 out of 269 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers.
How does Prime Road Power PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Prime Road Power PCL ranks #12 out of 269 companies for Cyclically Adjusted PS Ratio. This places Prime Road Power PCL in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.65. Prime Road Power PCL's value of 0.11 is 93.3% below this benchmark. Historically, Prime Road Power PCL's own Cyclically Adjusted PS Ratio has ranged from 0.05 to 2.68 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.65, Prime Road Power 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.65, based on 269 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. Prime Road Power PCL's current Cyclically Adjusted PS Ratio of 0.11 is 93.3% 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 Prime Road Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Road Power PCL's current Cyclically Adjusted PS Ratio is 0.11, which is 92% below median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Road Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Prime Road Power PCL (BKK:PRIME) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.09, compared to a current price of ฿0.06 — trading 33.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.11, which is 92% below median its 10-year median of 1.30 and 93.3% below the Utilities - Independent Power Producers industry median of 1.65. 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 Prime Road Power PCL (BKK:PRIME), the current Cyclically Adjusted PS Ratio is 0.11 as of Jul. 14, 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.

Prime Road Power PCL Business Description

Address Soi Vibhavadi Rangsit 19, Vibhavadi Rangsit Road, 22nd Floor, 1 TP&T Tower, Chatuchak, Bangkok, THA, 10900
Prime Road Power PCL is a renewable energy project developer. It is engaged in the construction of power plants and the generation of electricity from renewable energy for distribution to individuals, corporations, government agencies, and state-owned enterprises, both domestic and overseas. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.