Ratch Group PCL (BKK:RATCH) Cyclically Adjusted PS Ratio: (As of Aug. 14, 2026)

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BKK:RATCH Ratch Group PCL BKK:RATCH
66 GF Score
Price ฿37.50
GF Value ฿27.77
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Ratch Group PCL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ratch Group PCL  (BKK:RATCH) 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.


Ratch Group PCL Cyclically Adjusted PS Ratio Related Terms


Ratch Group PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ratch Group 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.

Ratch Group PCL Cyclically Adjusted PS Ratio Chart

Ratch Group 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 1.25 1.22 0.92 0.94 1.01

Ratch Group PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.79 0.86 1.01 1.04 0.00

BKK:RATCH vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Ratch Group 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.


Ratch Group PCL Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ratch Group PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:RATCH
66GF Score
Ratch Group PCL BKK:RATCH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ratch Group 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.

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

For example, Ratch Group PCL's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.335/333.9520*333.9520
=5.335

Current CPI (Jun. 2026) = 333.9520.

Ratch Group PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.098 241.428 9.818
201612 6.859 241.432 9.487
201703 6.302 243.801 8.632
201706 6.964 244.955 9.494
201709 7.089 246.819 9.592
201712 6.497 246.524 8.801
201803 5.765 249.554 7.715
201806 6.867 251.989 9.101
201809 7.357 252.439 9.733
201812 5.238 251.233 6.963
201903 6.388 254.202 8.392
201906 6.928 256.143 9.033
201909 5.617 256.759 7.306
201912 5.602 256.974 7.280
202003 6.156 258.115 7.965
202006 5.566 257.797 7.210
202009 5.328 260.280 6.836
202012 4.826 260.474 6.187
202103 4.555 264.877 5.743
202106 5.961 271.696 7.327
202109 6.357 274.310 7.739
202112 6.554 278.802 7.850
202203 11.674 287.504 13.560
202206 8.928 296.311 10.062
202209 12.228 296.808 13.758
202212 8.790 296.797 9.890
202303 6.998 301.836 7.743
202306 5.079 305.109 5.559
202309 4.321 307.789 4.688
202312 3.697 306.746 4.025
202403 4.368 312.332 4.670
202406 3.741 314.175 3.976
202409 4.089 315.301 4.331
202412 3.032 315.605 3.208
202503 2.464 319.799 2.573
202506 2.865 322.561 2.966
202509 2.463 324.800 2.532
202512 4.676 324.054 4.819
202603 4.887 330.213 4.942
202606 5.335 333.952 5.335

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.

Is Ratch Group PCL (BKK:RATCH) Overvalued in 2026?

Based on GuruFocus' analysis, Ratch Group PCL stock appears to be overvalued. The current stock price of ฿37.50 is trading 35% above its estimated GF Value™ of ฿27.77. GuruFocus considers Ratch Group PCL to be Significantly Overvalued.

Key valuation signals for BKK:RATCH:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ฿27.77 vs. price of ฿37.50 (35% above fair value)
  • GF Score™: 66/100 with 11 warning signs

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


Ratch Group PCL Business Description

Other Exchanges RATCH-F:Thailand
Address 72 Ngamwongwan Road, Muang Nonthaburi, Bangkhen, Nonthaburi, THA, 11000
Ratch Group PCL is a Thailand-based holding company. The Company's principal businesses are investing in companies whose objectives are to generate and sell electricity and develop power energy projects and infrastructure projects. The Group has four operating segments: Domestic Electricity Generating, Domestic Renewable Energy, International Power Projects, and Domestic Related Business & Infrastructure. The majority of revenue is from the domestic electricity-generating segment. Geographically, the majority of income is from Thailand. Its investment is mainly focused on fossil fuel power generation projects, renewable projects, and businesses adjacent to electricity generation and energy both in Thailand & internationally.
66GF Score

Get the complete analysis for BKK:RATCH

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

฿37.50
Price
฿27.77
GF Value