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Sahamit Machinery PCLBKK:SMIT +0.55%68 Cyclically Adjusted PS Ratio is 0.84 as of Aug. 07, 2026, which is 15% below its 10-year median of 0.99. GuruFocus rates BKK:SMIT with a GF Score™ of 68/100 and a GF Value™ of ฿3.56 (Fairly Valued). The stock has 3 warning signs investors should review. Among 515 Steel companies, Sahamit Machinery PCL ranks worse than 67.18% on this metric.
The historical rank and industry rank for Sahamit Machinery PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:
BKK:SMIT'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65 Med: 0.99 Max: 1.47
Current: 0.83
During the past years, Sahamit Machinery PCL's highest Cyclically Adjusted PS Ratio was 1.47. The lowest was 0.65. And the median was 0.99.
BKK:SMIT's Cyclically Adjusted PS Ratio is ranked worse than 67.18% of 515
companies
in the Steel industry
Industry Median: 0.45
vs BKK:SMIT: 0.83
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.
Sahamit Machinery PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.789. 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 ฿4.38 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Sahamit Machinery PCL (BKK:SMIT) 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.
Sahamit Machinery PCL Cyclically Adjusted PS Ratio Related Terms
Sahamit Machinery PCL Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Sahamit Machinery 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.
Sahamit Machinery PCL Cyclically Adjusted PS Ratio Chart
BKK:SMIT vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison
For the Steel subindustry, Sahamit Machinery 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.
Sahamit Machinery PCL Cyclically Adjusted PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Sahamit Machinery PCL's Cyclically Adjusted PS Ratio falls into.
Sahamit Machinery 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.
* 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.
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 0.84 mean?
Sahamit Machinery PCL (BKK:SMIT) has a Cyclically Adjusted PS Ratio of 0.84 as of Aug. 07, 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 Sahamit Machinery PCL and its competitors. This is 15% below median its historical median of 0.99. Over the past decade, Sahamit Machinery PCL's Cyclically Adjusted PS Ratio has ranged from 0.65 to 1.47. According to the industry distribution chart, Sahamit Machinery PCL ranks #346 out of 515 companies in the Steel industry, placing it in the top 67.2%.
Is Sahamit Machinery PCL's Cyclically Adjusted PS Ratio too high?
Sahamit Machinery PCL's current Cyclically Adjusted PS Ratio of 0.84 is 15% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.47. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Sahamit Machinery PCL's value of 0.84 is 86.7% above this industry median. Based on the distribution chart, Sahamit Machinery PCL ranks #346 out of 515 companies in the Steel industry, which is below the industry midpoint. Overall, Sahamit Machinery PCL has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sahamit Machinery PCL's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Sahamit Machinery PCL ranks #346 out of 515 companies for Cyclically Adjusted PS Ratio. This places Sahamit Machinery PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Sahamit Machinery PCL's value of 0.84 is 86.7% above this benchmark. Historically, Sahamit Machinery PCL's own Cyclically Adjusted PS Ratio has ranged from 0.65 to 1.47 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.45, Sahamit Machinery 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 a Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 515 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. Sahamit Machinery PCL's current Cyclically Adjusted PS Ratio of 0.84 is 86.7% 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 Sahamit Machinery 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. Sahamit Machinery PCL's current Cyclically Adjusted PS Ratio is 0.84, which is 15% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahamit Machinery PCL stock overvalued right now?
Based on GuruFocus' analysis, Sahamit Machinery PCL (BKK:SMIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.56, compared to a current price of ฿3.68 — trading 3.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.84, which is 15% below median its 10-year median of 0.99 and 86.7% above the Steel industry median of 0.45. Sahamit Machinery PCL's overall GF Score™ is 68/100 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 Sahamit Machinery PCL (BKK:SMIT), the current Cyclically Adjusted PS Ratio is 0.84 as of Aug. 07, 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 Sahamit Machinery PCL (BKK:SMIT) Overvalued in 2026?
Based on GuruFocus' analysis, Sahamit Machinery PCL stock appears to be overvalued.
The current stock price of ฿3.68 is trading 3.4% above its estimated GF Value™ of ฿3.56.
GuruFocus considers Sahamit Machinery PCL to be Fairly Valued.
Key valuation signals for BKK:SMIT:
Cyclically Adjusted PS Ratio: 0.84 (15% below median its 10-year median of 0.99)
GF Value™: ฿3.56 vs. price of ฿3.68 (3.4% above fair value)
Industry Position: 86.7% above the Steel median (#346 of 515)
No single metric tells the full story. See the BKK:SMIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sahamit Machinery PCL is engaged in the distribution of industrial machinery and equipment. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others consisting of Pulp & paper, Electrical engineering and Machineries and equipment for wood industry. The company mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.
68GF Score
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