Thai President Foods PCL (BKK:TFMAMA) Cyclically Adjusted PS Ratio: 1.91 (As of Aug. 03, 2026) — 17% Below Median

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BKK:TFMAMA Thai President Foods PCL BKK:TFMAMA
70 GF Score
Price ฿186.00
GF Value ฿186.92
Valuation Fairly Valued
! 3 Warning Signs
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What is Thai President Foods PCL Cyclically Adjusted PS Ratio?

Thai President Foods PCL BKK:TFMAMA 70 Cyclically Adjusted PS Ratio is 1.91 as of Aug. 03, 2026, which is 17% below its 10-year median of 2.29. GuruFocus rates BKK:TFMAMA with a GF Score™ of 70/100 and a GF Value™ of ฿186.92 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,451 Consumer Packaged Goods companies, Thai President Foods PCL ranks worse than 77.39% on this metric.

As of today (2026-08-03), Thai President Foods PCL's current share price is ฿186.00. Thai President Foods PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿97.13. Thai President Foods PCL's Cyclically Adjusted PS Ratio for today is 1.91.

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

BKK:TFMAMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.91   Med: 2.29   Max: 2.9
Current: 1.91

During the past years, Thai President Foods PCL's highest Cyclically Adjusted PS Ratio was 2.90. The lowest was 1.91. And the median was 2.29.

BKK:TFMAMA's Cyclically Adjusted PS Ratio is ranked worse than
77.39% of 1451 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs BKK:TFMAMA: 1.91

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 President Foods PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿19.350. 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 ฿97.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai President Foods PCL  (BKK:TFMAMA) 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 President Foods PCL Cyclically Adjusted PS Ratio Related Terms


Thai President Foods PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thai President Foods 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 President Foods PCL Cyclically Adjusted PS Ratio Chart

Thai President Foods 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 2.58 2.31 2.41 2.13 2.01

Thai President Foods 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 2.09 2.03 2.05 2.01 1.95

BKK:TFMAMA vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Thai President Foods 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 President Foods PCL Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


BKK:TFMAMA
70GF Score
Thai President Foods PCL BKK:TFMAMA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=186.00/97.13
=1.91

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

For example, Thai President Foods 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)
=19.35/330.2130*330.2130
=19.350

Current CPI (Mar. 2026) = 330.2130.

Thai President Foods PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.218 241.018 23.590
201609 17.891 241.428 24.470
201612 66.170 241.432 90.502
201703 15.881 243.801 21.510
201706 15.452 244.955 20.830
201709 16.950 246.819 22.677
201712 17.324 246.524 23.205
201803 15.692 249.554 20.764
201806 16.799 251.989 22.014
201809 17.295 252.439 22.623
201812 18.266 251.233 24.008
201903 17.038 254.202 22.133
201906 17.973 256.143 23.170
201909 19.043 256.759 24.491
201912 18.736 256.974 24.076
202003 17.930 258.115 22.938
202006 18.761 257.797 24.031
202009 17.381 260.280 22.051
202012 17.449 260.474 22.121
202103 17.566 264.877 21.899
202106 17.488 271.696 21.255
202109 19.457 274.310 23.422
202112 19.668 278.802 23.295
202203 18.672 287.504 21.446
202206 19.832 296.311 22.101
202209 20.945 296.808 23.302
202212 20.871 296.797 23.221
202303 20.625 301.836 22.564
202306 20.340 305.109 22.014
202309 20.919 307.789 22.443
202312 22.021 306.746 23.706
202403 21.244 312.332 22.460
202406 22.683 314.175 23.841
202409 23.114 315.301 24.207
202412 22.755 315.605 23.808
202503 21.389 319.799 22.086
202506 21.036 322.561 21.535
202509 20.301 324.800 20.639
202512 21.135 324.054 21.537
202603 19.350 330.213 19.350

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 1.91 mean?
Thai President Foods PCL (BKK:TFMAMA) has a Cyclically Adjusted PS Ratio of 1.91 as of Aug. 03, 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 President Foods PCL and its competitors. This is 17% below median its historical median of 2.29. Over the past decade, Thai President Foods PCL's Cyclically Adjusted PS Ratio has ranged from 1.91 to 2.90. According to the industry distribution chart, Thai President Foods PCL ranks #1123 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 77.4%.
Is Thai President Foods PCL's Cyclically Adjusted PS Ratio too high?
Thai President Foods PCL's current Cyclically Adjusted PS Ratio of 1.91 is 17% below median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 2.90. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Thai President Foods PCL's value of 1.91 is 151.3% above this industry median. Based on the distribution chart, Thai President Foods PCL ranks #1123 out of 1451 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Thai President Foods PCL has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai President Foods PCL's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai President Foods PCL ranks #1123 out of 1451 companies for Cyclically Adjusted PS Ratio. This places Thai President Foods PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Thai President Foods PCL's value of 1.91 is 151.3% above this benchmark. Historically, Thai President Foods PCL's own Cyclically Adjusted PS Ratio has ranged from 1.91 to 2.90 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 0.76, Thai President Foods 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 1,451 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 President Foods PCL's current Cyclically Adjusted PS Ratio of 1.91 is 151.3% 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 President Foods 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 President Foods PCL's current Cyclically Adjusted PS Ratio is 1.91, which is 17% below median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai President Foods PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai President Foods PCL (BKK:TFMAMA) is currently considered Fairly Valued. The stock's GF Value™ is ฿186.92, compared to a current price of ฿186.00 — trading 0.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.91, which is 17% below median its 10-year median of 2.29 and 151.3% above the Consumer Packaged Goods industry median of 0.76. Thai President Foods PCL's overall GF Score™ is 70/100 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 Thai President Foods PCL (BKK:TFMAMA), the current Cyclically Adjusted PS Ratio is 1.91 as of Aug. 03, 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 President Foods PCL (BKK:TFMAMA) Overvalued in 2026?

Based on GuruFocus' analysis, Thai President Foods PCL stock appears to be undervalued. The current stock price of ฿186.00 is trading 0.5% below its estimated GF Value™ of ฿186.92. GuruFocus considers Thai President Foods PCL to be Fairly Valued.

Key valuation signals for BKK:TFMAMA:

  • Cyclically Adjusted PS Ratio: 1.91 (17% below median its 10-year median of 2.29)
  • GF Value™: ฿186.92 vs. price of ฿186.00 (0.5% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 151.3% above the Consumer Packaged Goods median (#1123 of 1451)

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


Thai President Foods PCL Business Description

Address No. 304, Srinakarin Road, TF Group Building, Huamark Sub-district, Bangkapi District, Bangkok, THA, 10240
Thai President Foods PCL is a Thailand-based manufacturer and distributor of instant noodles, semi-instant foods, and biscuit products. Some of its brands include Mama, Ruski, Bissin, Thai Chef, and Bamee. It operates in six segments: Instant noodles and semi-instant foods, Biscuits, Bakery, Packaging, Fruit Juice, and Others, of which a majority of the revenue is derived from the Instant noodles segment. Geographically, the company generates the majority of its revenue from the domestic market.
70GF Score

Get the complete analysis for BKK:TFMAMA

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

฿186.00
Price
฿186.92
GF Value