Thaicom PCL (BKK:THCOM) Cyclically Adjusted PS Ratio: 2.47 (As of Jul. 11, 2026) — 69% Above Median


BKK:THCOM Thaicom PCL BKK:THCOM
78 GF Score
Price ฿11.40
GF Value ฿11.68
Valuation Fairly Valued
! 7 Warning Signs
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What is Thaicom PCL Cyclically Adjusted PS Ratio?

Thaicom PCL BKK:THCOM +1.79% 78 Cyclically Adjusted PS Ratio is 2.47 as of Jul. 11, 2026, which is 69% above its 10-year median of 1.46. GuruFocus rates BKK:THCOM with a GF Score™ of 78/100 and a GF Value™ of ฿11.68 (Fairly Valued). The stock has 7 warning signs investors should review. Among 301 Telecommunication Services companies, Thaicom PCL ranks worse than 73.75% on this metric.

As of today (2026-07-11), Thaicom PCL's current share price is ฿11.40. Thaicom PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿4.62. Thaicom PCL's Cyclically Adjusted PS Ratio for today is 2.47.

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

BKK:THCOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.46   Max: 2.81
Current: 2.47

During the past years, Thaicom PCL's highest Cyclically Adjusted PS Ratio was 2.81. The lowest was 0.28. And the median was 1.46.

BKK:THCOM's Cyclically Adjusted PS Ratio is ranked worse than
73.75% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.16 vs BKK:THCOM: 2.47

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.

Thaicom PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.416. 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 ฿4.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thaicom PCL  (BKK:THCOM) 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.


Thaicom PCL Cyclically Adjusted PS Ratio Related Terms


Thaicom PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thaicom 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.

Thaicom PCL Cyclically Adjusted PS Ratio Chart

Thaicom 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 1.45 1.86 1.86 2.10 1.77

Thaicom 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 1.74 1.34 1.80 1.77 2.66

BKK:THCOM vs TMUS, VZ, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Thaicom 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.


Thaicom PCL Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Thaicom PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:THCOM
78GF Score
Thaicom PCL BKK:THCOM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thaicom 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.40/4.62
=2.47

* 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.

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

For example, Thaicom 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)
=0.416/330.2130*330.2130
=0.416

Current CPI (Mar. 2026) = 330.2130.

Thaicom PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.647 241.018 3.627
201609 2.547 241.428 3.484
201612 -0.238 241.432 -0.326
201703 1.841 243.801 2.494
201706 1.463 244.955 1.972
201709 1.465 246.819 1.960
201712 1.334 246.524 1.787
201803 1.372 249.554 1.815
201806 1.364 251.989 1.787
201809 1.301 252.439 1.702
201812 1.400 251.233 1.840
201903 1.188 254.202 1.543
201906 1.110 256.143 1.431
201909 1.084 256.759 1.394
201912 0.872 256.974 1.121
202003 0.880 258.115 1.126
202006 0.797 257.797 1.021
202009 0.838 260.280 1.063
202012 0.731 260.474 0.927
202103 0.707 264.877 0.881
202106 0.770 271.696 0.936
202109 0.826 274.310 0.994
202112 0.691 278.802 0.818
202203 0.683 287.504 0.784
202206 0.669 296.311 0.746
202209 0.698 296.808 0.777
202212 0.670 296.797 0.745
202303 0.657 301.836 0.719
202306 0.585 305.109 0.633
202309 0.548 307.789 0.588
202312 0.580 306.746 0.624
202403 0.550 312.332 0.581
202406 0.609 314.175 0.640
202409 0.561 315.301 0.588
202412 0.502 315.605 0.525
202503 0.461 319.799 0.476
202506 0.490 322.561 0.502
202509 0.565 324.800 0.574
202512 0.857 324.054 0.873
202603 0.416 330.213 0.416

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 2.47 mean?
Thaicom PCL (BKK:THCOM) has a Cyclically Adjusted PS Ratio of 2.47 as of Jul. 11, 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 Thaicom PCL and its competitors. This is 69% above median its historical median of 1.46. Over the past decade, Thaicom PCL's Cyclically Adjusted PS Ratio has ranged from 0.28 to 2.81. According to the industry distribution chart, Thaicom PCL ranks #222 out of 301 companies in the Telecommunication Services industry, placing it in the top 73.8%.
Is Thaicom PCL's Cyclically Adjusted PS Ratio too high?
Thaicom PCL's current Cyclically Adjusted PS Ratio of 2.47 is 69% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.81. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. Thaicom PCL's value of 2.47 is 112.9% above this industry median. Based on the distribution chart, Thaicom PCL ranks #222 out of 301 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Thaicom PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thaicom PCL's Cyclically Adjusted PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Thaicom PCL ranks #222 out of 301 companies for Cyclically Adjusted PS Ratio. This places Thaicom PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.16. Thaicom PCL's value of 2.47 is 112.9% above this benchmark. Historically, Thaicom PCL's own Cyclically Adjusted PS Ratio has ranged from 0.28 to 2.81 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.16, Thaicom 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 Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.16, based on 301 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. Thaicom PCL's current Cyclically Adjusted PS Ratio of 2.47 is 112.9% 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 Thaicom PCL and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thaicom PCL's current Cyclically Adjusted PS Ratio is 2.47, which is 69% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaicom PCL stock overvalued right now?
Based on GuruFocus' analysis, Thaicom PCL (BKK:THCOM) is currently considered Fairly Valued. The stock's GF Value™ is ฿11.68, compared to a current price of ฿11.40 — trading 2.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.47, which is 69% above median its 10-year median of 1.46 and 112.9% above the Telecommunication Services industry median of 1.16. Thaicom PCL's overall GF Score™ is 78/100 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 Thaicom PCL (BKK:THCOM), the current Cyclically Adjusted PS Ratio is 2.47 as of Jul. 11, 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 Thaicom PCL (BKK:THCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Thaicom PCL stock appears to be undervalued. The current stock price of ฿11.40 is trading 2.4% below its estimated GF Value™ of ฿11.68. GuruFocus considers Thaicom PCL to be Fairly Valued.

Key valuation signals for BKK:THCOM:

  • Cyclically Adjusted PS Ratio: 2.47 (69% above median its 10-year median of 1.46)
  • GF Value™: ฿11.68 vs. price of ฿11.40 (2.4% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 112.9% above the Telecommunication Services median (#222 of 301)

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


Thaicom PCL Business Description

Address All Seasons Place, Wireless Road, 87/1 Capital Tower, 23rd Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
Thaicom PCL is engaged in transponder services for domestic & international communications, sale of the user terminal, broadband content services, sale of direct television equipment, internet data center services, internet services, satellite uplink-downlink services, broadcasting television service, telecommunication, printing, publishing of business telephone directories, banner advertising, telephone network services, mobile contents, and engineering & development services on communication technology & electronics. It operates in three segments: Satellite services, Internet services & media, and Telephone networks. The company has operations in Thailand, Singapore, Australia, India and others.
78GF Score

Get the complete analysis for BKK:THCOM

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

฿11.40
Price
฿11.68
GF Value