Thai Mui PCL (BKK:THMUI) Cyclically Adjusted PS Ratio: 0.23 (As of Jul. 12, 2026) — Near Median


BKK:THMUI Thai Mui Corp PCL BKK:THMUI
52 GF Score
Price ฿0.31
GF Value ฿0.63
Valuation Possible Value Trap
! 2 Warning Signs
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What is Thai Mui PCL Cyclically Adjusted PS Ratio?

Thai Mui PCL BKK:THMUI -3.13% 52 Cyclically Adjusted PS Ratio is 0.23 as of Jul. 12, 2026, which is at its 10-year median of 0.23. GuruFocus rates BKK:THMUI with a GF Score™ of 52/100 and a GF Value™ of ฿0.63 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 127 Industrial Distribution companies, Thai Mui PCL ranks better than 74.02% on this metric.

As of today (2026-07-12), Thai Mui PCL's current share price is ฿0.31. Thai Mui PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿1.36. Thai Mui PCL's Cyclically Adjusted PS Ratio for today is 0.23.

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

BKK:THMUI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.23   Max: 0.24
Current: 0.23

During the past years, Thai Mui PCL's highest Cyclically Adjusted PS Ratio was 0.24. The lowest was 0.22. And the median was 0.23.

BKK:THMUI's Cyclically Adjusted PS Ratio is ranked better than
74.02% of 127 companies
in the Industrial Distribution industry
Industry Median: 0.5 vs BKK:THMUI: 0.23

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 Mui PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.266. 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 ฿1.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Mui PCL  (BKK:THMUI) 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 Mui PCL Cyclically Adjusted PS Ratio Related Terms


Thai Mui PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

Thai Mui 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 0.00 0.00

Thai Mui 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 0.00 0.00 0.00 0.00 0.23

BKK:THMUI vs GWW, FAST, FERG: Cyclically Adjusted PS Ratio Comparison

For the Industrial Distribution subindustry, Thai Mui 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 Mui PCL Cyclically Adjusted PS Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Thai Mui PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:THMUI
52GF Score
Thai Mui Corp PCL BKK:THMUI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.31/1.36
=0.23

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

For example, Thai Mui 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)
=0.266/330.2130*330.2130
=0.266

Current CPI (Mar. 2026) = 330.2130.

Thai Mui PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 0.312 241.432 0.427
201703 0.289 243.801 0.391
201706 0.235 244.955 0.317
201709 0.366 246.819 0.490
201712 0.220 246.524 0.295
201803 0.272 249.554 0.360
201806 0.678 251.989 0.888
201809 0.417 252.439 0.545
201812 0.297 251.233 0.390
201903 0.261 254.202 0.339
201906 0.221 256.143 0.285
201909 0.285 256.759 0.367
201912 0.259 256.974 0.333
202003 0.318 258.115 0.407
202006 0.191 257.797 0.245
202009 0.225 260.280 0.285
202012 0.207 260.474 0.262
202103 0.231 264.877 0.288
202106 0.235 271.696 0.286
202109 0.268 274.310 0.323
202112 0.271 278.802 0.321
202203 0.211 287.504 0.242
202206 0.249 296.311 0.277
202209 0.306 296.808 0.340
202212 0.312 296.797 0.347
202303 0.318 301.836 0.348
202306 0.276 305.109 0.299
202309 0.287 307.789 0.308
202312 0.287 306.746 0.309
202403 0.235 312.332 0.248
202406 0.231 314.175 0.243
202409 0.237 315.301 0.248
202412 0.312 315.605 0.326
202503 0.264 319.799 0.273
202506 0.251 322.561 0.257
202509 0.298 324.800 0.303
202512 0.461 324.054 0.470
202603 0.266 330.213 0.266

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 0.23 mean?
Thai Mui PCL (BKK:THMUI) has a Cyclically Adjusted PS Ratio of 0.23 as of Jul. 12, 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 Mui PCL and its competitors. This is near median its historical median of 0.23. Over the past decade, Thai Mui PCL's Cyclically Adjusted PS Ratio has ranged from 0.22 to 0.24. According to the industry distribution chart, Thai Mui PCL ranks #33 out of 127 companies in the Industrial Distribution industry, placing it in the top 26%.
Is Thai Mui PCL's Cyclically Adjusted PS Ratio too high?
Thai Mui PCL's current Cyclically Adjusted PS Ratio of 0.23 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.24. The Industrial Distribution industry median Cyclically Adjusted PS Ratio is 0.50. Thai Mui PCL's value of 0.23 is 54% below this industry median. Based on the distribution chart, Thai Mui PCL ranks #33 out of 127 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Thai Mui PCL has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thai Mui PCL's Cyclically Adjusted PS Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Thai Mui PCL ranks #33 out of 127 companies for Cyclically Adjusted PS Ratio. This puts Thai Mui PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.50. Thai Mui PCL's value of 0.23 is 54% below this benchmark. Historically, Thai Mui PCL's own Cyclically Adjusted PS Ratio has ranged from 0.22 to 0.24 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.50, Thai Mui 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 an Industrial Distribution company?
The median Cyclically Adjusted PS Ratio among Industrial Distribution companies is 0.50, based on 127 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 Mui PCL's current Cyclically Adjusted PS Ratio of 0.23 is 54% 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 Thai Mui PCL and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Mui PCL's current Cyclically Adjusted PS Ratio is 0.23, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Mui PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Mui PCL (BKK:THMUI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.31 — trading 50.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.23, which is near median its 10-year median of 0.23 and 54% below the Industrial Distribution industry median of 0.50. Thai Mui PCL's overall GF Score™ is 52/100 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 Mui PCL (BKK:THMUI), the current Cyclically Adjusted PS Ratio is 0.23 as of Jul. 12, 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 Mui PCL (BKK:THMUI) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Mui PCL stock appears to be undervalued. The current stock price of ฿0.31 is trading 50.8% below its estimated GF Value™ of ฿0.63. GuruFocus considers Thai Mui PCL to be Possible Value Trap.

Key valuation signals for BKK:THMUI:

  • Cyclically Adjusted PS Ratio: 0.23 (near median its 10-year median of 0.23)
  • GF Value™: ฿0.63 vs. price of ฿0.31 (50.8% below fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 54% below the Industrial Distribution median (#33 of 127)

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


Thai Mui PCL Business Description

Address 759 Chareonkrung Road, Taladnoi, Sumphantawong, Krung Thep Maha Nakhon, Bangkok, THA, 10100
Thai Mui Corp PCL is engaged in the retail and wholesale of ironware, wire rope, saw, and pipe, and provides loop wire rope and equipment installation and inspection, plumbing contractor project, and construction of a water quality improvement business for shrimp farm. Its products include Wire rope, Skate, Soft sling, Hook, etc. The company's segments are Sales and service and Project work. The key revenue is derived from the sale of wire rope and lifting equipment, including replacement and installation, and providing technical inspection, testing, and analysis equipment activity. The group operates in Thailand.
52GF Score

Get the complete analysis for BKK:THMUI

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

฿0.31
Price
฿0.63
GF Value