Samchai Steel Industries PCL (BKK:SAM) Cyclically Adjusted PS Ratio: (As of Jul. 16, 2026)

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What is Samchai Steel Industries PCL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Samchai Steel Industries PCL  (BKK:SAM) 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.


Samchai Steel Industries PCL Cyclically Adjusted PS Ratio Related Terms


Samchai Steel Industries PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Samchai Steel 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.

Samchai Steel Industries PCL Cyclically Adjusted PS Ratio Chart

Samchai Steel 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 0.32 0.20 0.09 0.04 0.00

Samchai Steel Industries PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.04 0.03 0.04 0.04 0.00

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

For the Steel subindustry, Samchai Steel 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.


Samchai Steel Industries PCL Cyclically Adjusted PS Ratio vs Steel Industry

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

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



Samchai Steel 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.

Samchai Steel Industries PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Samchai Steel Industries PCL's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.388/324.0540*324.0540
=1.388

Current CPI (Dec. 2025) = 324.0540.

Samchai Steel Industries PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.949 238.132 1.291
201606 0.644 241.018 0.866
201609 0.578 241.428 0.776
201612 0.626 241.432 0.840
201703 0.589 243.801 0.783
201706 0.518 244.955 0.685
201709 0.759 246.819 0.997
201712 0.712 246.524 0.936
201803 0.584 249.554 0.758
201806 0.653 251.989 0.840
201809 0.953 252.439 1.223
201812 0.895 251.233 1.154
201903 0.996 254.202 1.270
201906 0.878 256.143 1.111
201909 0.920 256.759 1.161
201912 0.727 256.974 0.917
202003 0.912 258.115 1.145
202006 0.763 257.797 0.959
202009 0.745 260.280 0.928
202012 0.843 260.474 1.049
202103 1.046 264.877 1.280
202106 0.818 271.696 0.976
202109 1.086 274.310 1.283
202112 1.001 278.802 1.163
202203 1.119 287.504 1.261
202206 1.046 296.311 1.144
202209 1.125 296.808 1.228
202212 1.118 296.797 1.221
202303 1.445 301.836 1.551
202306 1.362 305.109 1.447
202309 1.394 307.789 1.468
202312 1.431 306.746 1.512
202403 1.306 312.332 1.355
202406 1.512 314.175 1.560
202409 2.087 315.301 2.145
202412 1.783 315.605 1.831
202503 1.339 319.799 1.357
202506 1.353 322.561 1.359
202509 1.351 324.800 1.348
202512 1.388 324.054 1.388

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.


Samchai Steel Industries PCL Business Description

Address Ekkachai Road, 75/14, 75/17, 85 Soi Wat Sopanaram, Tumbol Kokkham, Amphur Muang, Samutsakorn, THA, 74000
Samchai Steel Industries PCL is a Thailand-based manufacturer of steel pipes and tubes. The company's products include black steel pipes, galvanized steel pipes, structural steel pipes, furniture pipes, and hot-rolled steel plates and sheets. Its products are mainly used in the construction and furniture industries. Geographically, it operates in both domestic and overseas markets. The company generates a majority of its revenue from the domestic market.