Thai Foods Group PCL (BKK:TFG) Cyclically Adjusted PS Ratio: 1.10 (As of Aug. 10, 2026) — 83% Above 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:TFG Thai Foods Group PCL BKK:TFG
75 GF Score
Price ฿9.55
GF Value ฿5.20
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Thai Foods Group PCL Cyclically Adjusted PS Ratio?

Thai Foods Group PCL BKK:TFG +0.53% 75 Cyclically Adjusted PS Ratio is 1.10 as of Aug. 10, 2026, which is 83% above its 10-year median of 0.60. GuruFocus rates BKK:TFG with a GF Score™ of 75/100 and a GF Value™ of ฿5.20 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,448 Consumer Packaged Goods companies, Thai Foods Group PCL ranks worse than 60.43% on this metric.

As of today (2026-08-10), Thai Foods Group PCL's current share price is ฿9.55. Thai Foods Group PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿8.72. Thai Foods Group PCL's Cyclically Adjusted PS Ratio for today is 1.10.

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

BKK:TFG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.6   Max: 1.25
Current: 1.09

During the past years, Thai Foods Group PCL's highest Cyclically Adjusted PS Ratio was 1.25. The lowest was 0.42. And the median was 0.60.

BKK:TFG's Cyclically Adjusted PS Ratio is ranked worse than
60.43% of 1448 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs BKK:TFG: 1.09

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.

Thai Foods Group PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿2.922. 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 ฿8.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Foods Group PCL  (BKK:TFG) 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.


Thai Foods Group PCL Cyclically Adjusted PS Ratio Related Terms


Thai Foods Group PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thai Foods Group 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.

Thai Foods Group PCL Cyclically Adjusted PS Ratio Chart

Thai Foods Group 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 0.00 0.00 0.00 0.45 0.53

Thai Foods Group 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 0.58 0.57 0.61 0.53 0.99

BKK:TFG vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, Thai Foods Group 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.


Thai Foods Group PCL Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Foods Group PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Thai Foods Group PCL's Cyclically Adjusted PS Ratio falls into.


BKK:TFG
75GF Score
Thai Foods Group PCL BKK:TFG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Foods Group 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.

Thai Foods Group PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.55/8.72
=1.10

* 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.

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

For example, Thai Foods Group 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)
=2.922/330.2130*330.2130
=2.922

Current CPI (Mar. 2026) = 330.2130.

Thai Foods Group PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.984 241.018 1.348
201609 1.063 241.428 1.454
201612 1.009 241.432 1.380
201703 1.082 243.801 1.466
201706 1.142 244.955 1.539
201709 1.304 246.819 1.745
201712 1.241 246.524 1.662
201803 1.275 249.554 1.687
201806 1.306 251.989 1.711
201809 1.407 252.439 1.840
201812 1.367 251.233 1.797
201903 1.326 254.202 1.722
201906 1.393 256.143 1.796
201909 1.271 256.759 1.635
201912 1.326 256.974 1.704
202003 1.341 258.115 1.716
202006 1.332 257.797 1.706
202009 1.501 260.280 1.904
202012 1.418 260.474 1.798
202103 1.493 264.877 1.861
202106 1.491 271.696 1.812
202109 1.475 274.310 1.776
202112 1.726 278.802 2.044
202203 1.849 287.504 2.124
202206 2.190 296.311 2.441
202209 2.565 296.808 2.854
202212 2.672 296.797 2.973
202303 2.572 301.836 2.814
202306 1.971 305.109 2.133
202309 2.529 307.789 2.713
202312 2.504 306.746 2.696
202403 2.581 312.332 2.729
202406 2.561 314.175 2.692
202409 2.949 315.301 3.088
202412 3.089 315.605 3.232
202503 3.048 319.799 3.147
202506 3.237 322.561 3.314
202509 3.096 324.800 3.148
202512 3.050 324.054 3.108
202603 2.922 330.213 2.922

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 1.10 mean?
Thai Foods Group PCL (BKK:TFG) has a Cyclically Adjusted PS Ratio of 1.10 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 Thai Foods Group PCL and its competitors. This is 83% above median its historical median of 0.60. Over the past decade, Thai Foods Group PCL's Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.25. According to the industry distribution chart, Thai Foods Group PCL ranks #875 out of 1448 companies in the Consumer Packaged Goods industry, placing it in the top 60.4%.
Is Thai Foods Group PCL's Cyclically Adjusted PS Ratio too high?
Thai Foods Group PCL's current Cyclically Adjusted PS Ratio of 1.10 is 83% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.25. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Thai Foods Group PCL's value of 1.10 is 44.7% above this industry median. Based on the distribution chart, Thai Foods Group PCL ranks #875 out of 1448 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Thai Foods Group PCL has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Foods Group PCL's Cyclically Adjusted PS Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Thai Foods Group PCL ranks #875 out of 1448 companies for Cyclically Adjusted PS Ratio. This places Thai Foods Group PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Thai Foods Group PCL's value of 1.10 is 44.7% above this benchmark. Historically, Thai Foods Group PCL's own Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.25 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.76, Thai Foods Group 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,448 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. Thai Foods Group PCL's current Cyclically Adjusted PS Ratio of 1.10 is 44.7% 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 Thai Foods Group PCL and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Foods Group PCL's current Cyclically Adjusted PS Ratio is 1.10, which is 83% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Foods Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Foods Group PCL (BKK:TFG) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿5.20, compared to a current price of ฿9.55 — trading 83.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.10, which is 83% above median its 10-year median of 0.60 and 44.7% above the Consumer Packaged Goods industry median of 0.76. Thai Foods Group PCL's overall GF Score™ is 75/100 with 2 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 Thai Foods Group PCL (BKK:TFG), the current Cyclically Adjusted PS Ratio is 1.10 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 Thai Foods Group PCL (BKK:TFG) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Foods Group PCL stock appears to be overvalued. The current stock price of ฿9.55 is trading 83.7% above its estimated GF Value™ of ฿5.20. GuruFocus considers Thai Foods Group PCL to be Significantly Overvalued.

Key valuation signals for BKK:TFG:

  • Cyclically Adjusted PS Ratio: 1.10 (83% above median its 10-year median of 0.60)
  • GF Value™: ฿5.20 vs. price of ฿9.55 (83.7% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 44.7% above the Consumer Packaged Goods median (#875 of 1448)

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


Thai Foods Group PCL Business Description

Address Viphavadi Rangsit Road, 1010, Shinawatra Tower 3 Building, 12th Floor, Kwang Chatuchak, Khet Chatuchak, Bangkok, THA, 10900
Thai Foods Group PCL is a farm products company. Its operating segment includes Poultry, Swine, Feed Mill, Retail and Other business segments. The activities of the group are producing and distributing frozen and chilled chicken meat and products of chicken meat including producing and distributing swine and feed mills. Geographically, the company manages and operates its business activities principally in Thailand. It generates maximum revenue from the Poultry segment.
75GF Score

Get the complete analysis for BKK:TFG

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

฿9.55
Price
฿5.20
GF Value