T ks Technologies PCL (BKK:TKS) Cyclically Adjusted PS Ratio: 1.89 (As of Aug. 17, 2026) — 11% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:TKS T ks Technologies PCL BKK:TKS
69 GF Score
Price ฿8.00
GF Value ฿6.91
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is T ks Technologies PCL Cyclically Adjusted PS Ratio?

T ks Technologies PCL BKK:TKS -1.84% 69 Cyclically Adjusted PS Ratio is 1.89 as of Aug. 17, 2026, which is 11% above its 10-year median of 1.70. GuruFocus rates BKK:TKS with a GF Score™ of 69/100 and a GF Value™ of ฿6.91 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 720 Business Services companies, T ks Technologies PCL ranks worse than 71.53% on this metric.

As of today (2026-08-17), T ks Technologies PCL's current share price is ฿8.00. T ks Technologies PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿4.23. T ks Technologies PCL's Cyclically Adjusted PS Ratio for today is 1.89.

The historical rank and industry rank for T ks Technologies PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:TKS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.7   Max: 3.95
Current: 1.89

During the past years, T ks Technologies PCL's highest Cyclically Adjusted PS Ratio was 3.95. The lowest was 0.93. And the median was 1.70.

BKK:TKS's Cyclically Adjusted PS Ratio is ranked worse than
71.53% of 720 companies
in the Business Services industry
Industry Median: 0.875 vs BKK:TKS: 1.89

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.

T ks Technologies PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿0.856. 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 ฿4.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


T ks Technologies PCL  (BKK:TKS) 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.


T ks Technologies PCL Cyclically Adjusted PS Ratio Related Terms


T ks Technologies PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for T ks Technologies 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.

T ks Technologies PCL Cyclically Adjusted PS Ratio Chart

T ks Technologies 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 3.55 2.95 1.62 1.42 1.55

T ks Technologies 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 1.19 1.37 1.55 1.48 1.69

BKK:TKS vs CTAS, CPRT, GPN: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, T ks Technologies 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.


T ks Technologies PCL Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, T ks Technologies PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where T ks Technologies PCL's Cyclically Adjusted PS Ratio falls into.


BKK:TKS
69GF Score
T ks Technologies PCL BKK:TKS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T ks Technologies 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.

T ks Technologies PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.00/4.23
=1.89

* 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.

T ks Technologies PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, T ks Technologies PCL's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.856/333.9520*333.9520
=0.856

Current CPI (Jun. 2026) = 333.9520.

T ks Technologies PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.880 241.428 1.217
201612 0.848 241.432 1.173
201703 0.787 243.801 1.078
201706 0.687 244.955 0.937
201709 0.853 246.819 1.154
201712 0.791 246.524 1.072
201803 0.771 249.554 1.032
201806 1.271 251.989 1.684
201809 1.304 252.439 1.725
201812 0.878 251.233 1.167
201903 1.439 254.202 1.890
201906 1.189 256.143 1.550
201909 1.227 256.759 1.596
201912 1.100 256.974 1.430
202003 0.927 258.115 1.199
202006 0.835 257.797 1.082
202009 0.904 260.280 1.160
202012 0.959 260.474 1.230
202103 1.022 264.877 1.289
202106 0.963 271.696 1.184
202109 0.813 274.310 0.990
202112 0.676 278.802 0.810
202203 0.849 287.504 0.986
202206 0.723 296.311 0.815
202209 0.774 296.808 0.871
202212 0.847 296.797 0.953
202303 0.799 301.836 0.884
202306 0.747 305.109 0.818
202309 0.734 307.789 0.796
202312 0.647 306.746 0.704
202403 0.748 312.332 0.800
202406 0.781 314.175 0.830
202409 0.745 315.301 0.789
202412 0.742 315.605 0.785
202503 0.767 319.799 0.801
202506 0.665 322.561 0.688
202509 0.706 324.800 0.726
202512 0.705 324.054 0.727
202603 0.854 330.213 0.864
202606 0.856 333.952 0.856

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 1.89 mean?
T ks Technologies PCL (BKK:TKS) has a Cyclically Adjusted PS Ratio of 1.89 as of Aug. 17, 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 T ks Technologies PCL and its competitors. This is 11% above median its historical median of 1.70. Over the past decade, T ks Technologies PCL's Cyclically Adjusted PS Ratio has ranged from 0.93 to 3.95. According to the industry distribution chart, T ks Technologies PCL ranks #515 out of 720 companies in the Business Services industry, placing it in the top 71.5%.
Is T ks Technologies PCL's Cyclically Adjusted PS Ratio too high?
T ks Technologies PCL's current Cyclically Adjusted PS Ratio of 1.89 is 11% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 3.95. The Business Services industry median Cyclically Adjusted PS Ratio is 0.88. T ks Technologies PCL's value of 1.89 is 116% above this industry median. Based on the distribution chart, T ks Technologies PCL ranks #515 out of 720 companies in the Business Services industry, which is below the industry midpoint. Overall, T ks Technologies PCL has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T ks Technologies PCL's Cyclically Adjusted PS Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, T ks Technologies PCL ranks #515 out of 720 companies for Cyclically Adjusted PS Ratio. This places T ks Technologies PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.88. T ks Technologies PCL's value of 1.89 is 116% above this benchmark. Historically, T ks Technologies PCL's own Cyclically Adjusted PS Ratio has ranged from 0.93 to 3.95 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 0.88, T ks Technologies 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.88, based on 720 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. T ks Technologies PCL's current Cyclically Adjusted PS Ratio of 1.89 is 116% 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 T ks Technologies PCL and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T ks Technologies PCL's current Cyclically Adjusted PS Ratio is 1.89, which is 11% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T ks Technologies PCL stock overvalued right now?
Based on GuruFocus' analysis, T ks Technologies PCL (BKK:TKS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.91, compared to a current price of ฿8.00 — trading 15.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.89, which is 11% above median its 10-year median of 1.70 and 116% above the Business Services industry median of 0.88. T ks Technologies PCL's overall GF Score™ is 69/100 with 6 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 T ks Technologies PCL (BKK:TKS), the current Cyclically Adjusted PS Ratio is 1.89 as of Aug. 17, 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 T ks Technologies PCL (BKK:TKS) Overvalued in 2026?

Based on GuruFocus' analysis, T ks Technologies PCL stock appears to be overvalued. The current stock price of ฿8.00 is trading 15.8% above its estimated GF Value™ of ฿6.91. GuruFocus considers T ks Technologies PCL to be Modestly Overvalued.

Key valuation signals for BKK:TKS:

  • Cyclically Adjusted PS Ratio: 1.89 (11% above median its 10-year median of 1.70)
  • GF Value™: ฿6.91 vs. price of ฿8.00 (15.8% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 116% above the Business Services median (#515 of 720)

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


T ks Technologies PCL Business Description

Address 30/88 Moo 1, Chetsadawithi Road, Khokkam Sub-district, Mueang Samutsakhon District, Samutsakhon, THA, 74000
T ks Technologies PCL is engaged in the manufacturing of business forms, continuous paper forms, security printing, other printing, continuous labels, printing warehouse service, and other investments. The company's reportable segments include manufacturing of business forms, continuous paper forms and securities printing; Providing information technology system and software services; and Investment in associates and joint venture and other investments. It has a business presence in Thailand, Asia and other regions, of which key revenue is earned from Thailand.
69GF Score

Get the complete analysis for BKK:TKS

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

฿8.00
Price
฿6.91
GF Value