Ramkhamhaeng Hospital PCL (BKK:RAM) Cyclically Adjusted PS Ratio: 2.18 (As of Jul. 15, 2026) — 71% Below Median

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BKK:RAM Ramkhamhaeng Hospital PCL BKK:RAM
77 GF Score
Price ฿17.90
GF Value ฿45.41
Valuation Possible Value Trap
! 6 Warning Signs
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What is Ramkhamhaeng Hospital PCL Cyclically Adjusted PS Ratio?

Ramkhamhaeng Hospital PCL BKK:RAM -0.56% 77 Cyclically Adjusted PS Ratio is 2.18 as of Jul. 15, 2026, which is 71% below its 10-year median of 7.39. GuruFocus rates BKK:RAM with a GF Score™ of 77/100 and a GF Value™ of ฿45.41 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 359 Healthcare Providers & Services companies, Ramkhamhaeng Hospital PCL ranks worse than 68.25% on this metric.

As of today (2026-07-15), Ramkhamhaeng Hospital PCL's current share price is ฿17.90. Ramkhamhaeng Hospital PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿8.22. Ramkhamhaeng Hospital PCL's Cyclically Adjusted PS Ratio for today is 2.18.

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

BKK:RAM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.18   Med: 7.39   Max: 13.86
Current: 2.19

During the past years, Ramkhamhaeng Hospital PCL's highest Cyclically Adjusted PS Ratio was 13.86. The lowest was 2.18. And the median was 7.39.

BKK:RAM's Cyclically Adjusted PS Ratio is ranked worse than
68.25% of 359 companies
in the Healthcare Providers & Services industry
Industry Median: 1.14 vs BKK:RAM: 2.19

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.

Ramkhamhaeng Hospital PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿4.479. 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 ฿8.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ramkhamhaeng Hospital PCL  (BKK:RAM) 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.


Ramkhamhaeng Hospital PCL Cyclically Adjusted PS Ratio Related Terms


Ramkhamhaeng Hospital PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ramkhamhaeng Hospital 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.

Ramkhamhaeng Hospital PCL Cyclically Adjusted PS Ratio Chart

Ramkhamhaeng Hospital 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 8.74 9.90 5.92 3.37 2.38

Ramkhamhaeng Hospital 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 2.61 2.39 2.58 2.38 2.25

BKK:RAM vs HCA, THC, DVA: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, Ramkhamhaeng Hospital 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.


Ramkhamhaeng Hospital PCL Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ramkhamhaeng Hospital PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:RAM
77GF Score
Ramkhamhaeng Hospital PCL BKK:RAM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramkhamhaeng Hospital 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.90/8.22
=2.18

* 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.

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

For example, Ramkhamhaeng Hospital 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)
=4.479/330.2130*330.2130
=4.479

Current CPI (Mar. 2026) = 330.2130.

Ramkhamhaeng Hospital PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.732 241.018 1.003
201609 0.819 241.428 1.120
201612 0.815 241.432 1.115
201703 0.713 243.801 0.966
201706 0.777 244.955 1.047
201709 0.868 246.819 1.161
201712 0.817 246.524 1.094
201803 0.828 249.554 1.096
201806 0.800 251.989 1.048
201809 0.931 252.439 1.218
201812 0.867 251.233 1.140
201903 0.886 254.202 1.151
201906 0.862 256.143 1.111
201909 1.015 256.759 1.305
201912 0.944 256.974 1.213
202003 1.765 258.115 2.258
202006 1.439 257.797 1.843
202009 1.456 260.280 1.847
202012 1.862 260.474 2.361
202103 1.829 264.877 2.280
202106 2.125 271.696 2.583
202109 3.925 274.310 4.725
202112 2.675 278.802 3.168
202203 2.503 287.504 2.875
202206 2.160 296.311 2.407
202209 2.232 296.808 2.483
202212 2.010 296.797 2.236
202303 1.892 301.836 2.070
202306 2.060 305.109 2.229
202309 2.088 307.789 2.240
202312 1.989 306.746 2.141
202403 1.996 312.332 2.110
202406 1.952 314.175 2.052
202409 2.226 315.301 2.331
202412 2.049 315.605 2.144
202503 2.229 319.799 2.302
202506 2.118 322.561 2.168
202509 3.506 324.800 3.564
202512 4.440 324.054 4.524
202603 4.479 330.213 4.479

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 2.18 mean?
Ramkhamhaeng Hospital PCL (BKK:RAM) has a Cyclically Adjusted PS Ratio of 2.18 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 Ramkhamhaeng Hospital PCL and its competitors. This is 71% below median its historical median of 7.39. Over the past decade, Ramkhamhaeng Hospital PCL's Cyclically Adjusted PS Ratio has ranged from 2.18 to 13.86. According to the industry distribution chart, Ramkhamhaeng Hospital PCL ranks #245 out of 359 companies in the Healthcare Providers & Services industry, placing it in the top 68.2%.
Is Ramkhamhaeng Hospital PCL's Cyclically Adjusted PS Ratio too high?
Ramkhamhaeng Hospital PCL's current Cyclically Adjusted PS Ratio of 2.18 is 71% below median its 10-year median of 7.39. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 13.86. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.14. Ramkhamhaeng Hospital PCL's value of 2.18 is 91.2% above this industry median. Based on the distribution chart, Ramkhamhaeng Hospital PCL ranks #245 out of 359 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Ramkhamhaeng Hospital PCL has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ramkhamhaeng Hospital PCL's Cyclically Adjusted PS Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Ramkhamhaeng Hospital PCL ranks #245 out of 359 companies for Cyclically Adjusted PS Ratio. This places Ramkhamhaeng Hospital PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.14. Ramkhamhaeng Hospital PCL's value of 2.18 is 91.2% above this benchmark. Historically, Ramkhamhaeng Hospital PCL's own Cyclically Adjusted PS Ratio has ranged from 2.18 to 13.86 over the past decade. While the company's 10-year median is 7.39 vs. the industry median of 1.14, Ramkhamhaeng Hospital 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 a Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.14, based on 359 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. Ramkhamhaeng Hospital PCL's current Cyclically Adjusted PS Ratio of 2.18 is 91.2% 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 Ramkhamhaeng Hospital PCL and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramkhamhaeng Hospital PCL's current Cyclically Adjusted PS Ratio is 2.18, which is 71% below median its own 10-year median of 7.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramkhamhaeng Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Ramkhamhaeng Hospital PCL (BKK:RAM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿45.41, compared to a current price of ฿17.90 — trading 60.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.18, which is 71% below median its 10-year median of 7.39 and 91.2% above the Healthcare Providers & Services industry median of 1.14. Ramkhamhaeng Hospital PCL's overall GF Score™ is 77/100 with 6 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 Ramkhamhaeng Hospital PCL (BKK:RAM), the current Cyclically Adjusted PS Ratio is 2.18 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 Ramkhamhaeng Hospital PCL (BKK:RAM) Overvalued in 2026?

Based on GuruFocus' analysis, Ramkhamhaeng Hospital PCL stock appears to be undervalued. The current stock price of ฿17.90 is trading 60.6% below its estimated GF Value™ of ฿45.41. GuruFocus considers Ramkhamhaeng Hospital PCL to be Possible Value Trap.

Key valuation signals for BKK:RAM:

  • Cyclically Adjusted PS Ratio: 2.18 (71% below median its 10-year median of 7.39)
  • GF Value™: ฿45.41 vs. price of ฿17.90 (60.6% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 91.2% above the Healthcare Providers & Services median (#245 of 359)

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


Ramkhamhaeng Hospital PCL Business Description

Address 436 Ramkhamhaeng Road, Kwaeng Huamark, Khet Bangkapi, Bangkok, THA, 10240
Ramkhamhaeng Hospital PCL business activities are hospital and businesses that support medical care. The company provides medical treatment for all types of diseases by physicians and medical professionals in all specialties. Its medical services include the 24-hour Heart Center, RAM Pituitary Center for laparoscopic surgery for pituitary tumors, Neurology & Neurosurgery Center, and specialized medical centers such as Eye Clinic, Ear, Nose and Throat Clinic, Gastroenterology Clinic, Obstetrics and Gynecology Clinic, and Diabetes Clinic. The company operates through two segments: Hospital, which includes General Hospital and Hospital in Social Security and generates the maximum revenue; and Others, which includes sale of medical equipment and instruments. Its operations are in Thailand.
77GF Score

Get the complete analysis for BKK:RAM

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

฿17.90
Price
฿45.41
GF Value