Ratchthani Leasing PCL (BKK:THANI-R) Cyclically Adjusted PS Ratio: 1.93 (As of Jun. 27, 2026) — 60% Below Median


BKK:THANI-R Ratchthani Leasing PCL BKK:THANI-R
60 GF Score
Price ฿2.94
GF Value ฿2.75
! 7 Warning Signs
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What is Ratchthani Leasing PCL Cyclically Adjusted PS Ratio?

Ratchthani Leasing PCL BKK:THANI-R 60 Cyclically Adjusted PS Ratio is 1.93 as of Jun. 27, 2026, which is 60% below its 10-year median of 4.84. GuruFocus rates BKK:THANI-R with a GF Score™ of 60/100 and a GF Value™ of ฿2.75. The stock has 7 warning signs investors should review. Among 419 Credit Services companies, Ratchthani Leasing PCL ranks better than 59.67% on this metric.

As of today (2026-06-27), Ratchthani Leasing PCL's current share price is ฿2.93966. Ratchthani Leasing PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿1.52. Ratchthani Leasing PCL's Cyclically Adjusted PS Ratio for today is 1.93.

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

BKK:THANI-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.41   Med: 4.84   Max: 10.04
Current: 2.1

During the past years, Ratchthani Leasing PCL's highest Cyclically Adjusted PS Ratio was 10.04. The lowest was 1.41. And the median was 4.84.

BKK:THANI-R's Cyclically Adjusted PS Ratio is ranked better than
59.67% of 419 companies
in the Credit Services industry
Industry Median: 2.94 vs BKK:THANI-R: 2.10

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.

Ratchthani Leasing PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.120. 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 ฿1.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ratchthani Leasing PCL  (BKK:THANI-R) 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.


Ratchthani Leasing PCL Cyclically Adjusted PS Ratio Related Terms


Ratchthani Leasing PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ratchthani Leasing 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.

Ratchthani Leasing PCL Cyclically Adjusted PS Ratio Chart

Ratchthani Leasing 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 5.57 4.80 2.90 1.94 2.12

Ratchthani Leasing 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 2.06 1.67 2.01 2.12 1.95

BKK:THANI-R vs V, MA, AXP: Cyclically Adjusted PS Ratio Comparison

For the Credit Services subindustry, Ratchthani Leasing 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.


Ratchthani Leasing PCL Cyclically Adjusted PS Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Ratchthani Leasing PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:THANI-R
60GF Score
Ratchthani Leasing PCL BKK:THANI-R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ratchthani Leasing 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.

Ratchthani Leasing PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.93966/1.52
=1.93

* 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.

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

For example, Ratchthani Leasing 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)
=0.12/330.2130*330.2130
=0.120

Current CPI (Mar. 2026) = 330.2130.

Ratchthani Leasing PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.166 241.018 0.227
201609 0.167 241.428 0.228
201612 0.126 241.432 0.172
201703 0.176 243.801 0.238
201706 0.181 244.955 0.244
201709 0.187 246.819 0.250
201712 0.144 246.524 0.193
201803 0.203 249.554 0.269
201806 0.210 251.989 0.275
201809 0.217 252.439 0.284
201812 0.167 251.233 0.219
201903 0.228 254.202 0.296
201906 0.232 256.143 0.299
201909 0.235 256.759 0.302
201912 0.176 256.974 0.226
202003 0.241 258.115 0.308
202006 0.223 257.797 0.286
202009 0.226 260.280 0.287
202012 0.155 260.474 0.196
202103 0.150 264.877 0.187
202106 0.150 271.696 0.182
202109 0.162 274.310 0.195
202112 0.150 278.802 0.178
202203 0.154 287.504 0.177
202206 0.158 296.311 0.176
202209 0.163 296.808 0.181
202212 0.163 296.797 0.181
202303 0.166 301.836 0.182
202306 0.166 305.109 0.180
202309 0.165 307.789 0.177
202312 0.162 306.746 0.174
202403 0.158 312.332 0.167
202406 0.152 314.175 0.160
202409 0.148 315.301 0.155
202412 0.143 315.605 0.150
202503 0.136 319.799 0.140
202506 0.132 322.561 0.135
202509 0.127 324.800 0.129
202512 0.122 324.054 0.124
202603 0.120 330.213 0.120

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 1.93 mean?
Ratchthani Leasing PCL (BKK:THANI-R) has a Cyclically Adjusted PS Ratio of 1.93 as of Jun. 27, 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 Ratchthani Leasing PCL and its competitors. This is 60% below median its historical median of 4.84. Over the past decade, Ratchthani Leasing PCL's Cyclically Adjusted PS Ratio has ranged from 1.41 to 10.04. According to the industry distribution chart, Ratchthani Leasing PCL ranks #169 out of 419 companies in the Credit Services industry, placing it in the top 40.3%.
Is Ratchthani Leasing PCL's Cyclically Adjusted PS Ratio too high?
Ratchthani Leasing PCL's current Cyclically Adjusted PS Ratio of 1.93 is 60% below median its 10-year median of 4.84. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 10.04. The Credit Services industry median Cyclically Adjusted PS Ratio is 2.94. Ratchthani Leasing PCL's value of 1.93 is 34.4% below this industry median. Based on the distribution chart, Ratchthani Leasing PCL ranks #169 out of 419 companies in the Credit Services industry, which is above the industry midpoint. Overall, Ratchthani Leasing PCL has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Ratchthani Leasing PCL's Cyclically Adjusted PS Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Ratchthani Leasing PCL ranks #169 out of 419 companies for Cyclically Adjusted PS Ratio. This puts Ratchthani Leasing PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.94. Ratchthani Leasing PCL's value of 1.93 is 34.4% below this benchmark. Historically, Ratchthani Leasing PCL's own Cyclically Adjusted PS Ratio has ranged from 1.41 to 10.04 over the past decade. While the company's 10-year median is 4.84 vs. the industry median of 2.94, Ratchthani Leasing 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 Credit Services company?
The median Cyclically Adjusted PS Ratio among Credit Services companies is 2.94, based on 419 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. Ratchthani Leasing PCL's current Cyclically Adjusted PS Ratio of 1.93 is 34.4% 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 Ratchthani Leasing PCL and its competitors. For the Credit Services industry, the median Cyclically Adjusted PS Ratio is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratchthani Leasing PCL's current Cyclically Adjusted PS Ratio is 1.93, which is 60% below median its own 10-year median of 4.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratchthani Leasing PCL stock overvalued right now?
Ratchthani Leasing PCL (BKK:THANI-R) has a current Cyclically Adjusted PS Ratio of 1.93. The stock's GF Value™ is ฿2.75, compared to a current price of ฿2.94 — trading 6.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.93, which is 60% below median its 10-year median of 4.84 and 34.4% below the Credit Services industry median of 2.94. Ratchthani Leasing PCL's overall GF Score™ is 60/100 with 7 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 Ratchthani Leasing PCL (BKK:THANI-R), the current Cyclically Adjusted PS Ratio is 1.93 as of Jun. 27, 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 Ratchthani Leasing PCL (BKK:THANI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Ratchthani Leasing PCL stock appears to be overvalued. The current stock price of ฿2.94 is trading 6.9% above its estimated GF Value™ of ฿2.75.

Key valuation signals for BKK:THANI-R:

  • Cyclically Adjusted PS Ratio: 1.93 (60% below median its 10-year median of 4.84)
  • GF Value™: ฿2.75 vs. price of ฿2.94 (6.9% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 34.4% below the Credit Services median (#169 of 419)

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


Ratchthani Leasing PCL Business Description

Other Exchanges THANI:Thailand
Address 77/35-36, Krung Thon Buri, 11th UP Floor, Sinsathorn Tower, Klongtonsai, Klongsarn, Bangkok, THA, 10600
Ratchthani Leasing PCL is engaged in providing financial services specifically hire-purchase and leasing. It conducts business by providing hire-purchase credit services and financial leasing services for commercial cars, vehicles, and other assets, including one-stop relevant services. The company's business consists of primary activities, including inbound logistics management, operations, outbound logistics, marketing and sales, and customer services.
60GF Score

Get the complete analysis for BKK:THANI-R

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

฿2.94
Price
฿2.75
GF Value