Siam Steel International PCL (BKK:SIAM) Cyclically Adjusted PS Ratio: 0.21 (As of Jul. 26, 2026) — 42% Below Median

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BKK:SIAM Siam Steel International PCL BKK:SIAM
45 GF Score
Price ฿0.78
GF Value ฿0.67
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Siam Steel International PCL Cyclically Adjusted PS Ratio?

Siam Steel International PCL BKK:SIAM 45 Cyclically Adjusted PS Ratio is 0.21 as of Jul. 26, 2026, which is 42% below its 10-year median of 0.36. GuruFocus rates BKK:SIAM with a GF Score™ of 45/100 and a GF Value™ of ฿0.67 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, Siam Steel International PCL ranks better than 80.77% on this metric.

As of today (2026-07-26), Siam Steel International PCL's current share price is ฿0.78. Siam Steel International PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿3.69. Siam Steel International PCL's Cyclically Adjusted PS Ratio for today is 0.21.

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

BKK:SIAM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.36   Max: 0.58
Current: 0.21

During the past years, Siam Steel International PCL's highest Cyclically Adjusted PS Ratio was 0.58. The lowest was 0.17. And the median was 0.36.

BKK:SIAM's Cyclically Adjusted PS Ratio is ranked better than
80.77% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.67 vs BKK:SIAM: 0.21

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.

Siam Steel International PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.583. 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 ฿3.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siam Steel International PCL  (BKK:SIAM) 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.


Siam Steel International PCL Cyclically Adjusted PS Ratio Related Terms


Siam Steel International PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Siam Steel International 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.

Siam Steel International PCL Cyclically Adjusted PS Ratio Chart

Siam Steel International 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 0.48 0.48 0.38 0.27 0.20

Siam Steel International 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 0.19 0.19 0.25 0.20 0.19

BKK:SIAM vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Siam Steel International 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.


Siam Steel International PCL Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Siam Steel International PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:SIAM
45GF Score
Siam Steel International PCL BKK:SIAM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siam Steel International 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.

Siam Steel International PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.78/3.69
=0.21

* 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.

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

For example, Siam Steel International 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)
=0.583/330.2130*330.2130
=0.583

Current CPI (Mar. 2026) = 330.2130.

Siam Steel International PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.739 241.018 1.012
201609 0.792 241.428 1.083
201612 0.954 241.432 1.305
201703 0.802 243.801 1.086
201706 0.659 244.955 0.888
201709 0.559 246.819 0.748
201712 0.651 246.524 0.872
201803 0.722 249.554 0.955
201806 0.612 251.989 0.802
201809 0.800 252.439 1.046
201812 0.831 251.233 1.092
201903 0.820 254.202 1.065
201906 1.030 256.143 1.328
201909 1.133 256.759 1.457
201912 0.516 256.974 0.663
202003 0.777 258.115 0.994
202006 0.748 257.797 0.958
202009 0.638 260.280 0.809
202012 0.771 260.474 0.977
202103 0.805 264.877 1.004
202106 0.712 271.696 0.865
202109 0.647 274.310 0.779
202112 0.766 278.802 0.907
202203 0.908 287.504 1.043
202206 0.726 296.311 0.809
202209 0.811 296.808 0.902
202212 0.790 296.797 0.879
202303 0.767 301.836 0.839
202306 0.834 305.109 0.903
202309 1.310 307.789 1.405
202312 0.953 306.746 1.026
202403 0.899 312.332 0.950
202406 0.689 314.175 0.724
202409 0.828 315.301 0.867
202412 0.881 315.605 0.922
202503 0.592 319.799 0.611
202506 0.568 322.561 0.581
202509 0.601 324.800 0.611
202512 0.580 324.054 0.591
202603 0.583 330.213 0.583

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 0.21 mean?
Siam Steel International PCL (BKK:SIAM) has a Cyclically Adjusted PS Ratio of 0.21 as of Jul. 26, 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 Siam Steel International PCL and its competitors. This is 42% below median its historical median of 0.36. Over the past decade, Siam Steel International PCL's Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.58. According to the industry distribution chart, Siam Steel International PCL ranks #65 out of 338 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 19.2%.
Is Siam Steel International PCL's Cyclically Adjusted PS Ratio too high?
Siam Steel International PCL's current Cyclically Adjusted PS Ratio of 0.21 is 42% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.58. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.67. Siam Steel International PCL's value of 0.21 is 68.7% below this industry median. Based on the distribution chart, Siam Steel International PCL ranks #65 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Siam Steel International PCL has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siam Steel International PCL's Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Siam Steel International PCL ranks #65 out of 338 companies for Cyclically Adjusted PS Ratio. This places Siam Steel International PCL in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.67. Siam Steel International PCL's value of 0.21 is 68.7% below this benchmark. Historically, Siam Steel International PCL's own Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.58 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.67, Siam Steel International 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.67, based on 338 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. Siam Steel International PCL's current Cyclically Adjusted PS Ratio of 0.21 is 68.7% 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 Siam Steel International PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Steel International PCL's current Cyclically Adjusted PS Ratio is 0.21, which is 42% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Steel International PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Steel International PCL (BKK:SIAM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.67, compared to a current price of ฿0.78 — trading 16.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21, which is 42% below median its 10-year median of 0.36 and 68.7% below the Furnishings, Fixtures & Appliances industry median of 0.67. Siam Steel International PCL's overall GF Score™ is 45/100 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 Siam Steel International PCL (BKK:SIAM), the current Cyclically Adjusted PS Ratio is 0.21 as of Jul. 26, 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 Siam Steel International PCL (BKK:SIAM) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Steel International PCL stock appears to be overvalued. The current stock price of ฿0.78 is trading 16.4% above its estimated GF Value™ of ฿0.67. GuruFocus considers Siam Steel International PCL to be Modestly Overvalued.

Key valuation signals for BKK:SIAM:

  • Cyclically Adjusted PS Ratio: 0.21 (42% below median its 10-year median of 0.36)
  • GF Value™: ฿0.67 vs. price of ฿0.78 (16.4% above fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 68.7% below the Furnishings, Fixtures & Appliances median (#65 of 338)

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


Siam Steel International PCL Business Description

Address 51 Moo 2, Poochao Road, Bangyaprak, Phrapradaeng, Samuthprakarn, THA, 10130
Siam Steel International PCL is engaged in the manufacturing and sales of steel office equipment and furniture parts, construction services and alternative energy sector. The company manufactures and sells steel furniture under the brands LUCKY KINGDOM, OKAMURA, CHITOSE, and PILOT, and wooden furniture, including freestanding and built-in products, under the KINGDOM brand. It also provides interior design services for office and residential spaces, and manufactures and sells prefabricated buildings under the LUCKY Hi-Tech Building System brand. Its business segments are manufacturing and sales and of furniture, construction services and alternative energy sector. The majority of the company's revenue is generated from the Furniture segment. Geographically, it operates only in Thailand.
45GF Score

Get the complete analysis for BKK:SIAM

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

฿0.78
Price
฿0.67
GF Value