SAAM Development PCL (BKK:SAAM) Cyclically Adjusted PS Ratio: 14.63 (As of Jul. 17, 2026) — 23% Below Median

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BKK:SAAM SAAM Development PCL BKK:SAAM
80 GF Score
Price ฿4.68
GF Value ฿5.36
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is SAAM Development PCL Cyclically Adjusted PS Ratio?

SAAM Development PCL BKK:SAAM 80 Cyclically Adjusted PS Ratio is 14.63 as of Jul. 17, 2026, which is 23% below its 10-year median of 19.00. GuruFocus rates BKK:SAAM with a GF Score™ of 80/100 and a GF Value™ of ฿5.36 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 269 Utilities - Independent Power Producers companies, SAAM Development PCL ranks worse than 94.42% on this metric.

As of today (2026-07-17), SAAM Development PCL's current share price is ฿4.68. SAAM Development PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was ฿0.32. SAAM Development PCL's Cyclically Adjusted PS Ratio for today is 14.63.

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

BKK:SAAM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 14.62   Med: 19   Max: 30.37
Current: 14.62

During the past 12 years, SAAM Development PCL's highest Cyclically Adjusted PS Ratio was 30.37. The lowest was 14.62. And the median was 19.00.

BKK:SAAM's Cyclically Adjusted PS Ratio is ranked worse than
94.42% of 269 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.66 vs BKK:SAAM: 14.62

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.

SAAM Development PCL's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ฿0.227. 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 ฿0.32 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAAM Development PCL  (BKK:SAAM) 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.


SAAM Development PCL Cyclically Adjusted PS Ratio Related Terms


SAAM Development PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SAAM Development 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.

SAAM Development PCL Cyclically Adjusted PS Ratio Chart

SAAM Development 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 28.25 19.12 16.56

SAAM Development 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 16.56 0.00

SAAM Development PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, SAAM Development 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.


SAAM Development PCL Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SAAM Development PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:SAAM
80GF Score
SAAM Development PCL BKK:SAAM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SAAM Development 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.68/0.32
=14.63

* 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.

SAAM Development PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, SAAM Development PCL's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.227/324.0540*324.0540
=0.227

Current CPI (Dec25) = 324.0540.

SAAM Development PCL Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.242 241.432 0.325
201712 0.327 246.524 0.430
201812 0.323 251.233 0.417
201912 0.239 256.974 0.301
202012 0.240 260.474 0.299
202112 0.239 278.802 0.278
202212 0.246 296.797 0.269
202312 0.391 306.746 0.413
202412 0.237 315.605 0.243
202512 0.227 324.054 0.227

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 14.63 mean?
SAAM Development PCL (BKK:SAAM) has a Cyclically Adjusted PS Ratio of 14.63 as of Jul. 17, 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 SAAM Development PCL and its competitors. This is 23% below median its historical median of 19.00. Over the past decade, SAAM Development PCL's Cyclically Adjusted PS Ratio has ranged from 14.62 to 30.37. According to the industry distribution chart, SAAM Development PCL ranks #254 out of 269 companies in the Utilities - Independent Power Producers industry, placing it in the top 94.4%.
Is SAAM Development PCL's Cyclically Adjusted PS Ratio too high?
SAAM Development PCL's current Cyclically Adjusted PS Ratio of 14.63 is 23% below median its 10-year median of 19.00. Over the past 10 years, this metric has ranged from a low of 14.62 to a high of 30.37. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.66. SAAM Development PCL's value of 14.63 is 781.3% above this industry median. Based on the distribution chart, SAAM Development PCL ranks #254 out of 269 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, SAAM Development PCL has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SAAM Development PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SAAM Development PCL ranks #254 out of 269 companies for Cyclically Adjusted PS Ratio. This places SAAM Development PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. SAAM Development PCL's value of 14.63 is 781.3% above this benchmark. Historically, SAAM Development PCL's own Cyclically Adjusted PS Ratio has ranged from 14.62 to 30.37 over the past decade. While the company's 10-year median is 19.00 vs. the industry median of 1.66, SAAM Development 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 Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.66, based on 269 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. SAAM Development PCL's current Cyclically Adjusted PS Ratio of 14.63 is 781.3% 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 SAAM Development PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAAM Development PCL's current Cyclically Adjusted PS Ratio is 14.63, which is 23% below median its own 10-year median of 19.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAAM Development PCL stock overvalued right now?
Based on GuruFocus' analysis, SAAM Development PCL (BKK:SAAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿5.36, compared to a current price of ฿4.68 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 14.63, which is 23% below median its 10-year median of 19.00 and 781.3% above the Utilities - Independent Power Producers industry median of 1.66. SAAM Development PCL's overall GF Score™ is 80/100 with 2 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 SAAM Development PCL (BKK:SAAM), the current Cyclically Adjusted PS Ratio is 14.63 as of Jul. 17, 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 SAAM Development PCL (BKK:SAAM) Overvalued in 2026?

Based on GuruFocus' analysis, SAAM Development PCL stock appears to be undervalued. The current stock price of ฿4.68 is trading 12.7% below its estimated GF Value™ of ฿5.36. GuruFocus considers SAAM Development PCL to be Modestly Undervalued.

Key valuation signals for BKK:SAAM:

  • Cyclically Adjusted PS Ratio: 14.63 (23% below median its 10-year median of 19.00)
  • GF Value™: ฿5.36 vs. price of ฿4.68 (12.7% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 781.3% above the Utilities - Independent Power Producers median (#254 of 269)

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


SAAM Development PCL Business Description

Address Sukhumvit Road, 141 Soi Sukhumvit 63 Ekamai, Major Tower Thonglor Building, 10th Floor, Room No. 2.2, Klongton Nua, Watthana, Bangkok, THA, 10110
SAAM Development PCL is a company engaged in producing and distributing electricity from solar energy, developing renewable energy power plant projects for sale including procuring project land and providing related services and investing in renewable energy power plants and non-energy businesses. The company's operating segments include Development service and Distribution of electricity. Development service includes the Development of renewable energy projects for the customer. Distribution of electricity includes Development and management for own solar energy project and provide Iiquidity service for digital assets exchange and investment in digital assets. It generates maximum revenue from the Development service segment. Geographically, it derives revenue from Thailand.
80GF Score

Get the complete analysis for BKK:SAAM

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

฿4.68
Price
฿5.36
GF Value