Rayong Wire Industries PCL (BKK:RWI) Cyclically Adjusted PS Ratio: 0.14 (As of Jul. 23, 2026) — 55% Below Median

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BKK:RWI Rayong Wire Industries PCL BKK:RWI
33 GF Score
Price ฿0.17
GF Value ฿0.32
Valuation Possible Value Trap
! 3 Warning Signs
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What is Rayong Wire Industries PCL Cyclically Adjusted PS Ratio?

Rayong Wire Industries PCL BKK:RWI +6.25% 33 Cyclically Adjusted PS Ratio is 0.14 as of Jul. 23, 2026, which is 55% below its 10-year median of 0.31. GuruFocus rates BKK:RWI with a GF Score™ of 33/100 and a GF Value™ of ฿0.32 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 514 Steel companies, Rayong Wire Industries PCL ranks better than 87.55% on this metric.

As of today (2026-07-23), Rayong Wire Industries PCL's current share price is ฿0.17. Rayong Wire Industries PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿1.23. Rayong Wire Industries PCL's Cyclically Adjusted PS Ratio for today is 0.14.

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

BKK:RWI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.31   Max: 0.54
Current: 0.13

During the past years, Rayong Wire Industries PCL's highest Cyclically Adjusted PS Ratio was 0.54. The lowest was 0.13. And the median was 0.31.

BKK:RWI's Cyclically Adjusted PS Ratio is ranked better than
87.55% of 514 companies
in the Steel industry
Industry Median: 0.45 vs BKK:RWI: 0.13

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.

Rayong Wire Industries PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.114. 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 ฿1.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rayong Wire Industries PCL  (BKK:RWI) 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.


Rayong Wire Industries PCL Cyclically Adjusted PS Ratio Related Terms


Rayong Wire Industries PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Rayong Wire Industries 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.

Rayong Wire Industries PCL Cyclically Adjusted PS Ratio Chart

Rayong Wire Industries 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 0.49 0.38 0.18

Rayong Wire Industries 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 0.22 0.14 0.20 0.18 0.16

BKK:RWI vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Rayong Wire Industries 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.


Rayong Wire Industries PCL Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Rayong Wire Industries PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:RWI
33GF Score
Rayong Wire Industries PCL BKK:RWI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rayong Wire Industries 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.

Rayong Wire Industries PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.17/1.23
=0.14

* 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.

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

For example, Rayong Wire Industries 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)
=0.114/330.2130*330.2130
=0.114

Current CPI (Mar. 2026) = 330.2130.

Rayong Wire Industries PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.227 241.018 0.311
201609 0.197 241.428 0.269
201612 0.232 241.432 0.317
201703 0.355 243.801 0.481
201706 0.285 244.955 0.384
201709 0.308 246.819 0.412
201712 0.392 246.524 0.525
201803 0.412 249.554 0.545
201806 0.396 251.989 0.519
201809 0.413 252.439 0.540
201812 0.352 251.233 0.463
201903 0.329 254.202 0.427
201906 0.308 256.143 0.397
201909 0.214 256.759 0.275
201912 0.211 256.974 0.271
202003 0.202 258.115 0.258
202006 0.210 257.797 0.269
202009 0.253 260.280 0.321
202012 0.232 260.474 0.294
202103 0.351 264.877 0.438
202106 0.336 271.696 0.408
202109 0.289 274.310 0.348
202112 0.402 278.802 0.476
202203 0.316 287.504 0.363
202206 0.245 296.311 0.273
202209 0.210 296.808 0.234
202212 0.258 296.797 0.287
202303 0.248 301.836 0.271
202306 0.221 305.109 0.239
202309 0.226 307.789 0.242
202312 0.105 306.746 0.113
202403 0.158 312.332 0.167
202406 0.129 314.175 0.136
202409 0.189 315.301 0.198
202412 0.139 315.605 0.145
202503 0.134 319.799 0.138
202506 0.132 322.561 0.135
202509 0.138 324.800 0.140
202512 0.105 324.054 0.107
202603 0.114 330.213 0.114

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 0.14 mean?
Rayong Wire Industries PCL (BKK:RWI) has a Cyclically Adjusted PS Ratio of 0.14 as of Jul. 23, 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 Rayong Wire Industries PCL and its competitors. This is 55% below median its historical median of 0.31. Over the past decade, Rayong Wire Industries PCL's Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.54. According to the industry distribution chart, Rayong Wire Industries PCL ranks #64 out of 514 companies in the Steel industry, placing it in the top 12.5%.
Is Rayong Wire Industries PCL's Cyclically Adjusted PS Ratio too high?
Rayong Wire Industries PCL's current Cyclically Adjusted PS Ratio of 0.14 is 55% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.54. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Rayong Wire Industries PCL's value of 0.14 is 68.9% below this industry median. Based on the distribution chart, Rayong Wire Industries PCL ranks #64 out of 514 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Rayong Wire Industries PCL has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rayong Wire Industries PCL's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Rayong Wire Industries PCL ranks #64 out of 514 companies for Cyclically Adjusted PS Ratio. This places Rayong Wire Industries PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.45. Rayong Wire Industries PCL's value of 0.14 is 68.9% below this benchmark. Historically, Rayong Wire Industries PCL's own Cyclically Adjusted PS Ratio has ranged from 0.13 to 0.54 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.45, Rayong Wire Industries 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. Rayong Wire Industries PCL's current Cyclically Adjusted PS Ratio of 0.14 is 68.9% 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 Rayong Wire Industries PCL and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rayong Wire Industries PCL's current Cyclically Adjusted PS Ratio is 0.14, which is 55% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rayong Wire Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, Rayong Wire Industries PCL (BKK:RWI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.32, compared to a current price of ฿0.17 — trading 46.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.14, which is 55% below median its 10-year median of 0.31 and 68.9% below the Steel industry median of 0.45. Rayong Wire Industries PCL's overall GF Score™ is 33/100 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 Rayong Wire Industries PCL (BKK:RWI), the current Cyclically Adjusted PS Ratio is 0.14 as of Jul. 23, 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 Rayong Wire Industries PCL (BKK:RWI) Overvalued in 2026?

Based on GuruFocus' analysis, Rayong Wire Industries PCL stock appears to be undervalued. The current stock price of ฿0.17 is trading 46.9% below its estimated GF Value™ of ฿0.32. GuruFocus considers Rayong Wire Industries PCL to be Possible Value Trap.

Key valuation signals for BKK:RWI:

  • Cyclically Adjusted PS Ratio: 0.14 (55% below median its 10-year median of 0.31)
  • GF Value™: ฿0.32 vs. price of ฿0.17 (46.9% below fair value)
  • GF Score™: 33/100 with 3 warning signs
  • Industry Position: 68.9% below the Steel median (#64 of 514)

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


Rayong Wire Industries PCL Business Description

Address No. 5, I-5 Road, Maptapud Industrial Estate, Maptapud, Muang, Rayong, Rayong, THA, 21150
Rayong Wire Industries PCL is a manufacturer of steel wire and mesh. The company manufactures and distributes prestressed wire, prestressed concrete strand wire and welding wire. It operates in Thailand.
33GF Score

Get the complete analysis for BKK:RWI

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

฿0.17
Price
฿0.32
GF Value