Golden Lime PCL (BKK:SUTHA) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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:SUTHA Golden Lime PCL BKK:SUTHA
61 GF Score
Price ฿3.08
GF Value ฿2.52
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Golden Lime PCL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Lime PCL  (BKK:SUTHA) 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.


Golden Lime PCL Cyclically Adjusted PS Ratio Related Terms


Golden Lime PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Golden Lime 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.

Golden Lime PCL Cyclically Adjusted PS Ratio Chart

Golden Lime 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 - 0.95 0.56 0.64 0.60

Golden Lime PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.54 0.58 0.59 0.52 0.62

BKK:SUTHA vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Golden Lime 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.


Golden Lime PCL Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Golden Lime PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:SUTHA
61GF Score
Golden Lime PCL BKK:SUTHA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Lime 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.

Golden Lime PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Golden Lime PCL's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.968/333.9520*333.9520
=0.968

Current CPI (Jun. 2026) = 333.9520.

Golden Lime PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.599 241.428 0.829
201612 0.599 241.432 0.829
201703 0.894 243.801 1.225
201706 0.764 244.955 1.042
201709 0.666 246.819 0.901
201712 0.691 246.524 0.936
201803 0.833 249.554 1.115
201806 0.967 251.989 1.282
201809 0.997 252.439 1.319
201812 0.882 251.233 1.172
201903 0.978 254.202 1.285
201906 0.758 256.143 0.988
201909 0.724 256.759 0.942
201912 0.756 256.974 0.982
202003 0.972 258.115 1.258
202006 0.766 257.797 0.992
202009 0.882 260.280 1.132
202012 1.056 260.474 1.354
202103 1.132 264.877 1.427
202106 0.958 271.696 1.178
202109 0.912 274.310 1.110
202112 0.916 278.802 1.097
202203 1.291 287.504 1.500
202206 1.263 296.311 1.423
202209 1.198 296.808 1.348
202212 1.133 296.797 1.275
202303 1.261 301.836 1.395
202306 0.930 305.109 1.018
202309 0.941 307.789 1.021
202312 1.109 306.746 1.207
202403 1.147 312.332 1.226
202406 0.893 314.175 0.949
202409 0.886 315.301 0.938
202412 0.812 315.605 0.859
202503 1.030 319.799 1.076
202506 0.848 322.561 0.878
202509 0.815 324.800 0.838
202512 0.889 324.054 0.916
202603 1.050 330.213 1.062
202606 0.968 333.952 0.968

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.

Is Golden Lime PCL (BKK:SUTHA) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Lime PCL stock appears to be overvalued. The current stock price of ฿3.08 is trading 22.2% above its estimated GF Value™ of ฿2.52. GuruFocus considers Golden Lime PCL to be Modestly Overvalued.

Key valuation signals for BKK:SUTHA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ฿2.52 vs. price of ฿3.08 (22.2% above fair value)
  • GF Score™: 61/100 with 8 warning signs

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


Golden Lime PCL Business Description

Address 89 Cosmo Office Park, Popular Road, 6th Floor, Unit H, Banmai, Pakkret, Nonthaburi, THA, 11120
Golden Lime PCL is a Thailand-based firm that is principally engaged in the manufacturing and distribution of chemical products and the supply, assembly, and installation of equipment. The company is organized into three business segments: The Limestone mining, and manufacture and distribution of industrial chemical products segment, from which the company generates its majority revenue; Engineering consulting services, and designs, supply, assembly, and installation of machinery and equipment segment; The marble mining, and production and distribution of marble products segment. Geographically, the company operates in Thailand and Foreign countries.
61GF Score

Get the complete analysis for BKK:SUTHA

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

฿3.08
Price
฿2.52
GF Value