SGF Capital PCL (BKK:SGF) Cyclically Adjusted PS Ratio: 0.53 (As of Jul. 31, 2026) — 70% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SGF SGF Capital PCL BKK:SGF
37 GF Score
Price ฿0.18
GF Value ฿0.16
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is SGF Capital PCL Cyclically Adjusted PS Ratio?

SGF Capital PCL BKK:SGF -5.26% 37 Cyclically Adjusted PS Ratio is 0.53 as of Jul. 31, 2026, which is 70% below its 10-year median of 1.76. GuruFocus rates BKK:SGF with a GF Score™ of 37/100 and a GF Value™ of ฿0.16 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 422 Credit Services companies, SGF Capital PCL ranks better than 87.68% on this metric.

As of today (2026-07-31), SGF Capital PCL's current share price is ฿0.18. SGF Capital PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿0.34. SGF Capital PCL's Cyclically Adjusted PS Ratio for today is 0.53.

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

BKK:SGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.76   Max: 4.96
Current: 0.56

During the past years, SGF Capital PCL's highest Cyclically Adjusted PS Ratio was 4.96. The lowest was 0.38. And the median was 1.76.

BKK:SGF's Cyclically Adjusted PS Ratio is ranked better than
87.68% of 422 companies
in the Credit Services industry
Industry Median: 3.095 vs BKK:SGF: 0.56

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.

SGF Capital PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.059. 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 ฿0.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SGF Capital PCL  (BKK:SGF) 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.


SGF Capital PCL Cyclically Adjusted PS Ratio Related Terms


SGF Capital PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SGF Capital 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.

SGF Capital PCL Cyclically Adjusted PS Ratio Chart

SGF Capital 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 3.91 2.63 1.44 0.73 0.52

SGF Capital 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 0.48 0.47 0.71 0.52 0.39

BKK:SGF vs V, MA, AXP: Cyclically Adjusted PS Ratio Comparison

For the Credit Services subindustry, SGF Capital 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.


SGF Capital PCL Cyclically Adjusted PS Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, SGF Capital PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:SGF
37GF Score
SGF Capital PCL BKK:SGF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SGF Capital 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.

SGF Capital PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.18/0.34
=0.53

* 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.

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

For example, SGF Capital 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)
=0.059/330.2130*330.2130
=0.059

Current CPI (Mar. 2026) = 330.2130.

SGF Capital PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.019 241.018 0.026
201609 0.022 241.428 0.030
201612 0.024 241.432 0.033
201703 0.024 243.801 0.033
201706 0.025 244.955 0.034
201709 0.034 246.819 0.045
201712 0.028 246.524 0.038
201803 0.076 249.554 0.101
201806 0.152 251.989 0.199
201809 0.072 252.439 0.094
201812 0.056 251.233 0.074
201903 0.060 254.202 0.078
201906 0.067 256.143 0.086
201909 0.065 256.759 0.084
201912 0.065 256.974 0.084
202003 0.076 258.115 0.097
202006 0.073 257.797 0.094
202009 0.072 260.280 0.091
202012 0.073 260.474 0.093
202103 0.072 264.877 0.090
202106 0.076 271.696 0.092
202109 0.079 274.310 0.095
202112 0.082 278.802 0.097
202203 0.085 287.504 0.098
202206 0.093 296.311 0.104
202209 0.100 296.808 0.111
202212 0.104 296.797 0.116
202303 0.105 301.836 0.115
202306 0.107 305.109 0.116
202309 0.105 307.789 0.113
202312 0.104 306.746 0.112
202403 0.100 312.332 0.106
202406 0.093 314.175 0.098
202409 0.086 315.301 0.090
202412 0.075 315.605 0.078
202503 0.073 319.799 0.075
202506 0.068 322.561 0.070
202509 0.065 324.800 0.066
202512 0.060 324.054 0.061
202603 0.059 330.213 0.059

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 0.53 mean?
SGF Capital PCL (BKK:SGF) has a Cyclically Adjusted PS Ratio of 0.53 as of Jul. 31, 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 SGF Capital PCL and its competitors. This is 70% below median its historical median of 1.76. Over the past decade, SGF Capital PCL's Cyclically Adjusted PS Ratio has ranged from 0.38 to 4.96. According to the industry distribution chart, SGF Capital PCL ranks #52 out of 422 companies in the Credit Services industry, placing it in the top 12.3%.
Is SGF Capital PCL's Cyclically Adjusted PS Ratio too high?
SGF Capital PCL's current Cyclically Adjusted PS Ratio of 0.53 is 70% below median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 4.96. The Credit Services industry median Cyclically Adjusted PS Ratio is 3.10. SGF Capital PCL's value of 0.53 is 82.9% below this industry median. Based on the distribution chart, SGF Capital PCL ranks #52 out of 422 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, SGF Capital PCL has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SGF Capital PCL's Cyclically Adjusted PS Ratio compare to V and MA?
According to the Credit Services industry distribution chart, SGF Capital PCL ranks #52 out of 422 companies for Cyclically Adjusted PS Ratio. This places SGF Capital PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.10. SGF Capital PCL's value of 0.53 is 82.9% below this benchmark. Historically, SGF Capital PCL's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 4.96 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 3.10, SGF Capital 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 Credit Services company?
The median Cyclically Adjusted PS Ratio among Credit Services companies is 3.10, based on 422 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. SGF Capital PCL's current Cyclically Adjusted PS Ratio of 0.53 is 82.9% 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 SGF Capital PCL and its competitors. For the Credit Services industry, the median Cyclically Adjusted PS Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SGF Capital PCL's current Cyclically Adjusted PS Ratio is 0.53, which is 70% below median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SGF Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, SGF Capital PCL (BKK:SGF) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.16, compared to a current price of ฿0.18 — trading 12.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.53, which is 70% below median its 10-year median of 1.76 and 82.9% below the Credit Services industry median of 3.10. SGF Capital PCL's overall GF Score™ is 37/100 with 5 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 SGF Capital PCL (BKK:SGF), the current Cyclically Adjusted PS Ratio is 0.53 as of Jul. 31, 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 SGF Capital PCL (BKK:SGF) Overvalued in 2026?

Based on GuruFocus' analysis, SGF Capital PCL stock appears to be overvalued. The current stock price of ฿0.18 is trading 12.5% above its estimated GF Value™ of ฿0.16. GuruFocus considers SGF Capital PCL to be Modestly Overvalued.

Key valuation signals for BKK:SGF:

  • Cyclically Adjusted PS Ratio: 0.53 (70% below median its 10-year median of 1.76)
  • GF Value™: ฿0.16 vs. price of ฿0.18 (12.5% above fair value)
  • GF Score™: 37/100 with 5 warning signs
  • Industry Position: 82.9% below the Credit Services median (#52 of 422)

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


SGF Capital PCL Business Description

Address Vibhavadi Rangsit Road, 89/1 3 rd floor Kasemsap Building, Chom Phon, Chatuchak Distinct, Bangkok, THA, 10900
SGF Capital PCL provides funds in the form of hire purchase, leasing, and car for cash and loans, which comprise mortgage loans, loans, and personal loans. Its segments include Hire purchase, leasing, and car for cash segment, and the loan segment, with the majority of the revenue derived from the Hire purchase, leasing, and car for cash segment.
37GF Score

Get the complete analysis for BKK:SGF

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

฿0.18
Price
฿0.16
GF Value