Stars Microelectronics (Thailand) PCL (BKK:SMT) Cyclically Adjusted PS Ratio: 1.72 (As of Aug. 10, 2026) — 291% Above Median

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BKK:SMT Stars Microelectronics (Thailand) PCL BKK:SMT
53 GF Score
Price ฿5.30
GF Value ฿1.80
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Stars Microelectronics (Thailand) PCL Cyclically Adjusted PS Ratio?

Stars Microelectronics (Thailand) PCL BKK:SMT 53 Cyclically Adjusted PS Ratio is 1.72 as of Aug. 10, 2026, which is 291% above its 10-year median of 0.44. GuruFocus rates BKK:SMT with a GF Score™ of 53/100 and a GF Value™ of ฿1.80 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 731 Semiconductors companies, Stars Microelectronics (Thailand) PCL ranks better than 63.89% on this metric.

As of today (2026-08-10), Stars Microelectronics (Thailand) PCL's current share price is ฿5.30. Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿3.08. Stars Microelectronics (Thailand) PCL's Cyclically Adjusted PS Ratio for today is 1.72.

The historical rank and industry rank for Stars Microelectronics (Thailand) PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:SMT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.44   Max: 1.72
Current: 1.72

During the past years, Stars Microelectronics (Thailand) PCL's highest Cyclically Adjusted PS Ratio was 1.72. The lowest was 0.08. And the median was 0.44.

BKK:SMT's Cyclically Adjusted PS Ratio is ranked better than
63.89% of 731 companies
in the Semiconductors industry
Industry Median: 3.01 vs BKK:SMT: 1.72

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.

Stars Microelectronics (Thailand) PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.747. 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 ฿3.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stars Microelectronics (Thailand) PCL  (BKK:SMT) 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.


Stars Microelectronics (Thailand) PCL Cyclically Adjusted PS Ratio Related Terms


Stars Microelectronics (Thailand) PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Stars Microelectronics (Thailand) 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.

Stars Microelectronics (Thailand) PCL Cyclically Adjusted PS Ratio Chart

Stars Microelectronics (Thailand) 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 1.15 0.87 0.73 0.39 0.34

Stars Microelectronics (Thailand) 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 0.28 0.31 0.41 0.34 0.43

BKK:SMT vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Stars Microelectronics (Thailand) 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.


Stars Microelectronics (Thailand) PCL Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Stars Microelectronics (Thailand) PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Stars Microelectronics (Thailand) PCL's Cyclically Adjusted PS Ratio falls into.


BKK:SMT
53GF Score
Stars Microelectronics (Thailand) PCL BKK:SMT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Stars Microelectronics (Thailand) 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.

Stars Microelectronics (Thailand) PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.30/3.08
=1.72

* 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.

Stars Microelectronics (Thailand) PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Stars Microelectronics (Thailand) 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)
=0.747/330.2130*330.2130
=0.747

Current CPI (Mar. 2026) = 330.2130.

Stars Microelectronics (Thailand) PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.119 241.018 1.533
201609 0.790 241.428 1.081
201612 0.850 241.432 1.163
201703 0.626 243.801 0.848
201706 0.552 244.955 0.744
201709 0.536 246.819 0.717
201712 0.504 246.524 0.675
201803 0.465 249.554 0.615
201806 0.469 251.989 0.615
201809 0.547 252.439 0.716
201812 0.630 251.233 0.828
201903 0.588 254.202 0.764
201906 0.573 256.143 0.739
201909 0.450 256.759 0.579
201912 0.521 256.974 0.669
202003 0.470 258.115 0.601
202006 0.589 257.797 0.754
202009 0.602 260.280 0.764
202012 0.624 260.474 0.791
202103 0.653 264.877 0.814
202106 0.705 271.696 0.857
202109 0.580 274.310 0.698
202112 0.595 278.802 0.705
202203 0.666 287.504 0.765
202206 0.788 296.311 0.878
202209 0.926 296.808 1.030
202212 0.847 296.797 0.942
202303 0.728 301.836 0.796
202306 0.817 305.109 0.884
202309 0.813 307.789 0.872
202312 0.612 306.746 0.659
202403 0.530 312.332 0.560
202406 0.585 314.175 0.615
202409 0.564 315.301 0.591
202412 0.712 315.605 0.745
202503 0.508 319.799 0.525
202506 0.551 322.561 0.564
202509 0.689 324.800 0.700
202512 0.606 324.054 0.618
202603 0.747 330.213 0.747

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 1.72 mean?
Stars Microelectronics (Thailand) PCL (BKK:SMT) has a Cyclically Adjusted PS Ratio of 1.72 as of Aug. 10, 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 Stars Microelectronics (Thailand) PCL and its competitors. This is 291% above median its historical median of 0.44. Over the past decade, Stars Microelectronics (Thailand) PCL's Cyclically Adjusted PS Ratio has ranged from 0.08 to 1.72. According to the industry distribution chart, Stars Microelectronics (Thailand) PCL ranks #264 out of 731 companies in the Semiconductors industry, placing it in the top 36.1%.
Is Stars Microelectronics (Thailand) PCL's Cyclically Adjusted PS Ratio too high?
Stars Microelectronics (Thailand) PCL's current Cyclically Adjusted PS Ratio of 1.72 is 291% above median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.72. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.01. Stars Microelectronics (Thailand) PCL's value of 1.72 is 42.9% below this industry median. Based on the distribution chart, Stars Microelectronics (Thailand) PCL ranks #264 out of 731 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Stars Microelectronics (Thailand) PCL has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Stars Microelectronics (Thailand) PCL's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Stars Microelectronics (Thailand) PCL ranks #264 out of 731 companies for Cyclically Adjusted PS Ratio. This puts Stars Microelectronics (Thailand) PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.01. Stars Microelectronics (Thailand) PCL's value of 1.72 is 42.9% below this benchmark. Historically, Stars Microelectronics (Thailand) PCL's own Cyclically Adjusted PS Ratio has ranged from 0.08 to 1.72 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 3.01, Stars Microelectronics (Thailand) 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.01, based on 731 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. Stars Microelectronics (Thailand) PCL's current Cyclically Adjusted PS Ratio of 1.72 is 42.9% 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 Stars Microelectronics (Thailand) PCL and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stars Microelectronics (Thailand) PCL's current Cyclically Adjusted PS Ratio is 1.72, which is 291% above median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stars Microelectronics (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Stars Microelectronics (Thailand) PCL (BKK:SMT) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.80, compared to a current price of ฿5.30 — trading 194.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.72, which is 291% above median its 10-year median of 0.44 and 42.9% below the Semiconductors industry median of 3.01. Stars Microelectronics (Thailand) PCL's overall GF Score™ is 53/100 with 6 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 Stars Microelectronics (Thailand) PCL (BKK:SMT), the current Cyclically Adjusted PS Ratio is 1.72 as of Aug. 10, 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 Stars Microelectronics (Thailand) PCL (BKK:SMT) Overvalued in 2026?

Based on GuruFocus' analysis, Stars Microelectronics (Thailand) PCL stock appears to be overvalued. The current stock price of ฿5.30 is trading 194.4% above its estimated GF Value™ of ฿1.80. GuruFocus considers Stars Microelectronics (Thailand) PCL to be Significantly Overvalued.

Key valuation signals for BKK:SMT:

  • Cyclically Adjusted PS Ratio: 1.72 (291% above median its 10-year median of 0.44)
  • GF Value™: ฿1.80 vs. price of ฿5.30 (194.4% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 42.9% below the Semiconductors median (#264 of 731)

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


Stars Microelectronics (Thailand) PCL Business Description

Address 586 Moo 2, Bang Pa-In Industrial Estate, Klongjig, Bang Pa-In, Ayutthya, THA, 13160
Stars Microelectronics (Thailand) PCL is engaged in the manufacture and distribution of integrated circuit boards. Its segments include Electronics Manufacturing Service (EMS), Outsourced Assembly and Test (OSAT), and Fiber optical devices (Optical). Maximum revenue is generated from the Electronics Manufacturing Service (EMS) segment, which provides manufacturing, assembly, and sales of EMS.
53GF Score

Get the complete analysis for BKK:SMT

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

฿5.30
Price
฿1.80
GF Value