Qualitech PCL (BKK:QLT) Cyclically Adjusted PS Ratio: 0.40 (As of Jul. 16, 2026) — 53% Below Median

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BKK:QLT Qualitech PCL BKK:QLT
59 GF Score
Price ฿2.02
GF Value ฿2.29
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Qualitech PCL Cyclically Adjusted PS Ratio?

Qualitech PCL BKK:QLT -0.98% 59 Cyclically Adjusted PS Ratio is 0.40 as of Jul. 16, 2026, which is 53% below its 10-year median of 0.86. GuruFocus rates BKK:QLT with a GF Score™ of 59/100 and a GF Value™ of ฿2.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 717 Business Services companies, Qualitech PCL ranks better than 73.64% on this metric.

As of today (2026-07-16), Qualitech PCL's current share price is ฿2.02. Qualitech PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿5.07. Qualitech PCL's Cyclically Adjusted PS Ratio for today is 0.40.

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

BKK:QLT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.86   Max: 1.81
Current: 0.37

During the past years, Qualitech PCL's highest Cyclically Adjusted PS Ratio was 1.81. The lowest was 0.27. And the median was 0.86.

BKK:QLT's Cyclically Adjusted PS Ratio is ranked better than
73.64% of 717 companies
in the Business Services industry
Industry Median: 0.91 vs BKK:QLT: 0.37

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.

Qualitech PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.953. 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 ฿5.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualitech PCL  (BKK:QLT) 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.


Qualitech PCL Cyclically Adjusted PS Ratio Related Terms


Qualitech PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Qualitech 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.

Qualitech PCL Cyclically Adjusted PS Ratio Chart

Qualitech 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 0.82 1.14 0.54 0.46 0.32

Qualitech 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 0.59 0.48 0.39 0.32 0.31

BKK:QLT vs CTAS, CPRT, ULS: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, Qualitech 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.


Qualitech PCL Cyclically Adjusted PS Ratio vs Business Services Industry

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

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


BKK:QLT
59GF Score
Qualitech PCL BKK:QLT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qualitech 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.02/5.07
=0.40

* 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.

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

For example, Qualitech 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)
=0.953/330.2130*330.2130
=0.953

Current CPI (Mar. 2026) = 330.2130.

Qualitech PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.133 241.018 1.552
201609 1.259 241.428 1.722
201612 0.982 241.432 1.343
201703 1.277 243.801 1.730
201706 1.031 244.955 1.390
201709 0.944 246.819 1.263
201712 0.864 246.524 1.157
201803 0.947 249.554 1.253
201806 0.916 251.989 1.200
201809 0.847 252.439 1.108
201812 0.997 251.233 1.310
201903 0.921 254.202 1.196
201906 1.106 256.143 1.426
201909 1.288 256.759 1.656
201912 1.486 256.974 1.910
202003 1.140 258.115 1.458
202006 0.923 257.797 1.182
202009 1.031 260.280 1.308
202012 1.217 260.474 1.543
202103 0.914 264.877 1.139
202106 0.859 271.696 1.044
202109 1.080 274.310 1.300
202112 1.101 278.802 1.304
202203 0.954 287.504 1.096
202206 1.008 296.311 1.123
202209 1.244 296.808 1.384
202212 1.413 296.797 1.572
202303 1.083 301.836 1.185
202306 0.904 305.109 0.978
202309 1.038 307.789 1.114
202312 1.313 306.746 1.413
202403 1.017 312.332 1.075
202406 1.151 314.175 1.210
202409 1.144 315.301 1.198
202412 0.981 315.605 1.026
202503 0.897 319.799 0.926
202506 0.896 322.561 0.917
202509 0.956 324.800 0.972
202512 1.038 324.054 1.058
202603 0.953 330.213 0.953

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 0.40 mean?
Qualitech PCL (BKK:QLT) has a Cyclically Adjusted PS Ratio of 0.40 as of Jul. 16, 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 Qualitech PCL and its competitors. This is 53% below median its historical median of 0.86. Over the past decade, Qualitech PCL's Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.81. According to the industry distribution chart, Qualitech PCL ranks #189 out of 717 companies in the Business Services industry, placing it in the top 26.4%.
Is Qualitech PCL's Cyclically Adjusted PS Ratio too high?
Qualitech PCL's current Cyclically Adjusted PS Ratio of 0.40 is 53% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.81. The Business Services industry median Cyclically Adjusted PS Ratio is 0.91. Qualitech PCL's value of 0.40 is 56% below this industry median. Based on the distribution chart, Qualitech PCL ranks #189 out of 717 companies in the Business Services industry, which is above the industry midpoint. Overall, Qualitech PCL has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qualitech PCL's Cyclically Adjusted PS Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Qualitech PCL ranks #189 out of 717 companies for Cyclically Adjusted PS Ratio. This puts Qualitech PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Qualitech PCL's value of 0.40 is 56% below this benchmark. Historically, Qualitech PCL's own Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.81 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.91, Qualitech 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 717 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. Qualitech PCL's current Cyclically Adjusted PS Ratio of 0.40 is 56% 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 Qualitech 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. Qualitech PCL's current Cyclically Adjusted PS Ratio is 0.40, which is 53% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitech PCL stock overvalued right now?
Based on GuruFocus' analysis, Qualitech PCL (BKK:QLT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.29, compared to a current price of ฿2.02 — trading 11.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.40, which is 53% below median its 10-year median of 0.86 and 56% below the Business Services industry median of 0.91. Qualitech PCL's overall GF Score™ is 59/100 with 3 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 Qualitech PCL (BKK:QLT), the current Cyclically Adjusted PS Ratio is 0.40 as of Jul. 16, 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 Qualitech PCL (BKK:QLT) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitech PCL stock appears to be undervalued. The current stock price of ฿2.02 is trading 11.8% below its estimated GF Value™ of ฿2.29. GuruFocus considers Qualitech PCL to be Modestly Undervalued.

Key valuation signals for BKK:QLT:

  • Cyclically Adjusted PS Ratio: 0.40 (53% below median its 10-year median of 0.86)
  • GF Value™: ฿2.29 vs. price of ฿2.02 (11.8% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 56% below the Business Services median (#189 of 717)

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


Qualitech PCL Business Description

Address 21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150
Qualitech PCL is engaged in the business of providing technical services, testing, inspection, and certification for the operation safety of industry equipment, pressure vessels, industrial boilers, piping and steel structures, which is important for the production process, storage, transport of the products in power generating, petrochemical industry, and construction to comply with industrial standard and the government laws. The Group's operations in both domestic and overseas geographical segments. The majority of revenue is from Domestic segment.
59GF Score

Get the complete analysis for BKK:QLT

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

฿2.02
Price
฿2.29
GF Value