Thonburi Healthcare Group PCL (BKK:THG) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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BKK:THG Thonburi Healthcare Group PCL BKK:THG
72 GF Score
Price ฿7.00
GF Value ฿6.84
Valuation Fairly Valued
! 6 Warning Signs
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What is Thonburi Healthcare Group PCL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thonburi Healthcare Group PCL  (BKK:THG) 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.


Thonburi Healthcare Group PCL Cyclically Adjusted PS Ratio Related Terms


Thonburi Healthcare Group PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thonburi Healthcare 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.

Thonburi Healthcare Group PCL Cyclically Adjusted PS Ratio Chart

Thonburi Healthcare 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 - 6.69 4.95 1.37 0.82

Thonburi Healthcare Group 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 0.67 0.73 0.82 0.86 0.68

BKK:THG vs HCA, THC, EHC: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, Thonburi Healthcare 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.


Thonburi Healthcare Group PCL Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Thonburi Healthcare Group PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:THG
72GF Score
Thonburi Healthcare Group PCL BKK:THG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thonburi Healthcare 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.

Thonburi Healthcare Group PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Thonburi Healthcare Group PCL's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=7.723/324.0540*324.0540
=7.723

Current CPI (Dec25) = 324.0540.

Thonburi Healthcare Group PCL Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 6.526 241.432 8.759
201712 7.623 246.524 10.020
201812 7.433 251.233 9.587
201912 8.625 256.974 10.876
202012 7.691 260.474 9.568
202112 11.436 278.802 13.292
202212 12.159 296.797 13.276
202312 10.333 306.746 10.916
202412 9.950 315.605 10.216
202512 7.723 324.054 7.723

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 Thonburi Healthcare Group PCL (BKK:THG) Overvalued in 2026?

Based on GuruFocus' analysis, Thonburi Healthcare Group PCL stock appears to be overvalued. The current stock price of ฿7.00 is trading 2.3% above its estimated GF Value™ of ฿6.84. GuruFocus considers Thonburi Healthcare Group PCL to be Fairly Valued.

Key valuation signals for BKK:THG:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ฿6.84 vs. price of ฿7.00 (2.3% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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


Thonburi Healthcare Group PCL Business Description

Other Exchanges THG-R:Thailand
Address 34/1, Issaraphap Road, Banchanglor, Bangkoknoi, Bangkok, THA, 10700
Thonburi Healthcare Group PCL provides medical and hospital management services. It operates private hospitals in Thailand, both in Bangkok and other parts of the country, through direct management, affiliated firms as well as joint ventures. The group's business operations involve six segments: hospital operations; hospital management; healthcare solution provider; development and sales of hospital operation software and property development and holding. It drives majority of its revenue from the hospital operations. The Group's business operations are in the same geographic area which is in Thailand and Singapore.
72GF Score

Get the complete analysis for BKK:THG

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

฿7.00
Price
฿6.84
GF Value