Prima Marine PCL (BKK:PRM) Cyclically Adjusted PS Ratio: 2.94 (As of Jul. 20, 2026) — 11% Above 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:PRM Prima Marine PCL BKK:PRM
94 GF Score
Price ฿9.30
GF Value ฿7.89
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Prima Marine PCL Cyclically Adjusted PS Ratio?

Prima Marine PCL BKK:PRM -1.06% 94 Cyclically Adjusted PS Ratio is 2.94 as of Jul. 20, 2026, which is 11% above its 10-year median of 2.66. GuruFocus rates BKK:PRM with a GF Score™ of 94/100 and a GF Value™ of ฿7.89 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 707 Oil & Gas companies, Prima Marine PCL ranks worse than 78.5% on this metric.

As of today (2026-07-20), Prima Marine PCL's current share price is ฿9.30. Prima Marine PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿3.16. Prima Marine PCL's Cyclically Adjusted PS Ratio for today is 2.94.

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

BKK:PRM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.24   Med: 2.66   Max: 2.95
Current: 2.95

During the past years, Prima Marine PCL's highest Cyclically Adjusted PS Ratio was 2.95. The lowest was 2.24. And the median was 2.66.

BKK:PRM's Cyclically Adjusted PS Ratio is ranked worse than
78.5% of 707 companies
in the Oil & Gas industry
Industry Median: 1.04 vs BKK:PRM: 2.95

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.

Prima Marine PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.961. 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 ฿3.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prima Marine PCL  (BKK:PRM) 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.


Prima Marine PCL Cyclically Adjusted PS Ratio Related Terms


Prima Marine PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Prima Marine 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.

Prima Marine PCL Cyclically Adjusted PS Ratio Chart

Prima Marine 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 0.00 2.24

Prima Marine 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 0.00 0.00 0.00 2.24 2.50

BKK:PRM vs WMB, EPD, KMI: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Midstream subindustry, Prima Marine 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.


Prima Marine PCL Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Prima Marine PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:PRM
94GF Score
Prima Marine PCL BKK:PRM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prima Marine 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.30/3.16
=2.94

* 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.

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

For example, Prima Marine 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)
=0.961/330.2130*330.2130
=0.961

Current CPI (Mar. 2026) = 330.2130.

Prima Marine PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 236.525 0.000
201609 0.432 241.428 0.591
201612 0.448 241.432 0.613
201703 0.571 243.801 0.773
201706 0.576 244.955 0.776
201709 0.538 246.819 0.720
201712 0.430 246.524 0.576
201803 0.407 249.554 0.539
201806 0.443 251.989 0.581
201809 0.478 252.439 0.625
201812 0.464 251.233 0.610
201903 0.483 254.202 0.627
201906 0.493 256.143 0.636
201909 0.550 256.759 0.707
201912 0.600 256.974 0.771
202003 0.622 258.115 0.796
202006 0.609 257.797 0.780
202009 0.587 260.280 0.745
202012 0.559 260.474 0.709
202103 0.569 264.877 0.709
202106 0.572 271.696 0.695
202109 0.616 274.310 0.742
202112 0.583 278.802 0.691
202203 0.592 287.504 0.680
202206 0.686 296.311 0.764
202209 0.855 296.808 0.951
202212 0.955 296.797 1.063
202303 0.840 301.836 0.919
202306 0.845 305.109 0.915
202309 0.726 307.789 0.779
202312 0.822 306.746 0.885
202403 0.867 312.332 0.917
202406 1.005 314.175 1.056
202409 0.917 315.301 0.960
202412 0.903 315.605 0.945
202503 0.891 319.799 0.920
202506 0.992 322.561 1.016
202509 1.031 324.800 1.048
202512 0.963 324.054 0.981
202603 0.961 330.213 0.961

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 2.94 mean?
Prima Marine PCL (BKK:PRM) has a Cyclically Adjusted PS Ratio of 2.94 as of Jul. 20, 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 Prima Marine PCL and its competitors. This is 11% above median its historical median of 2.66. Over the past decade, Prima Marine PCL's Cyclically Adjusted PS Ratio has ranged from 2.24 to 2.95. According to the industry distribution chart, Prima Marine PCL ranks #555 out of 707 companies in the Oil & Gas industry, placing it in the top 78.5%.
Is Prima Marine PCL's Cyclically Adjusted PS Ratio too high?
Prima Marine PCL's current Cyclically Adjusted PS Ratio of 2.94 is 11% above median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 2.95. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.04. Prima Marine PCL's value of 2.94 is 182.7% above this industry median. Based on the distribution chart, Prima Marine PCL ranks #555 out of 707 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Prima Marine PCL has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Prima Marine PCL's Cyclically Adjusted PS Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Prima Marine PCL ranks #555 out of 707 companies for Cyclically Adjusted PS Ratio. This places Prima Marine PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.04. Prima Marine PCL's value of 2.94 is 182.7% above this benchmark. Historically, Prima Marine PCL's own Cyclically Adjusted PS Ratio has ranged from 2.24 to 2.95 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 1.04, Prima Marine 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 an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.04, based on 707 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. Prima Marine PCL's current Cyclically Adjusted PS Ratio of 2.94 is 182.7% 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 Prima Marine PCL and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prima Marine PCL's current Cyclically Adjusted PS Ratio is 2.94, which is 11% above median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prima Marine PCL stock overvalued right now?
Based on GuruFocus' analysis, Prima Marine PCL (BKK:PRM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿7.89, compared to a current price of ฿9.30 — trading 17.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.94, which is 11% above median its 10-year median of 2.66 and 182.7% above the Oil & Gas industry median of 1.04. Prima Marine PCL's overall GF Score™ is 94/100 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 Prima Marine PCL (BKK:PRM), the current Cyclically Adjusted PS Ratio is 2.94 as of Jul. 20, 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 Prima Marine PCL (BKK:PRM) Overvalued in 2026?

Based on GuruFocus' analysis, Prima Marine PCL stock appears to be overvalued. The current stock price of ฿9.30 is trading 17.9% above its estimated GF Value™ of ฿7.89. GuruFocus considers Prima Marine PCL to be Modestly Overvalued.

Key valuation signals for BKK:PRM:

  • Cyclically Adjusted PS Ratio: 2.94 (11% above median its 10-year median of 2.66)
  • GF Value™: ฿7.89 vs. price of ฿9.30 (17.9% above fair value)
  • GF Score™: 94/100 with 8 warning signs
  • Industry Position: 182.7% above the Oil & Gas median (#555 of 707)

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


Prima Marine PCL Business Description

Industry EnergyOil & Gas
Other Exchanges PRM-F:Thailand
Address 80 Soi Bangna-Trad 30, Debaratna Road, South Bangna Sub-district, Bangna District, Bangkok, THA, 10260
Prima Marine PCL is engaged in the marine transportation of petroleum and chemical products and in providing services that support offshore petroleum exploration and production, along with ship management. The company operates through four segments: marine transportation of petroleum and chemical products; storage of petroleum products; services supporting offshore exploration and production, including transportation of personnel and equipment and accommodation work barges; and ship management and related services such as ship agency, crew recruitment and transportation, operational support, business administration, procurement, marketing, financial consulting, and technical support. The company generates the majority of its revenue from Thailand.
94GF Score

Get the complete analysis for BKK:PRM

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

฿9.30
Price
฿7.89
GF Value