Thai Mitsuwa PCL (BKK:TMW) Cyclically Adjusted PS Ratio: (As of Aug. 25, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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BKK:TMW Thai Mitsuwa PCL BKK:TMW
93 GF Score
Price ฿56.50
GF Value ฿57.82
Valuation Fairly Valued
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What is Thai Mitsuwa PCL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Mitsuwa PCL  (BKK:TMW) 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 Mitsuwa PCL Cyclically Adjusted PS Ratio Related Terms


Thai Mitsuwa PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

Thai Mitsuwa PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.50 0.70 0.59 0.57

Thai Mitsuwa 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 0.54 0.55 0.59 0.57 0.00

BKK:TMW vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Thai Mitsuwa 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 Mitsuwa PCL Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Thai Mitsuwa PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:TMW
93GF Score
Thai Mitsuwa PCL BKK:TMW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Mitsuwa 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 Mitsuwa PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Thai Mitsuwa 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)
=26.476/333.9520*333.9520
=26.476

Current CPI (Jun. 2026) = 333.9520.

Thai Mitsuwa PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 15.087 241.428 20.869
201612 16.713 241.432 23.118
201703 15.152 243.801 20.755
201706 17.949 244.955 24.470
201709 19.238 246.819 26.029
201712 18.425 246.524 24.959
201803 18.190 249.554 24.342
201806 19.402 251.989 25.713
201809 21.279 252.439 28.150
201812 21.917 251.233 29.133
201903 19.553 254.202 25.687
201906 18.279 256.143 23.832
201909 18.689 256.759 24.308
201912 20.063 256.974 26.073
202003 15.810 258.115 20.455
202006 10.242 257.797 13.268
202009 15.255 260.280 19.573
202012 18.535 260.474 23.764
202103 17.935 264.877 22.612
202106 17.781 271.696 21.855
202109 19.474 274.310 23.708
202112 20.316 278.802 24.335
202203 19.197 287.504 22.298
202206 20.927 296.311 23.585
202209 23.587 296.808 26.539
202212 25.001 296.797 28.131
202303 22.903 301.836 25.340
202306 24.000 305.109 26.269
202309 26.609 307.789 28.871
202312 25.383 306.746 27.634
202403 24.716 312.332 26.427
202406 24.924 314.175 26.493
202409 27.283 315.301 28.897
202412 23.760 315.605 25.141
202503 21.522 319.799 22.474
202506 26.631 322.561 27.571
202509 27.500 324.800 28.275
202512 26.440 324.054 27.248
202603 24.461 330.213 24.738
202606 26.476 333.952 26.476

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 Thai Mitsuwa PCL (BKK:TMW) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Mitsuwa PCL stock appears to be undervalued. The current stock price of ฿56.50 is trading 2.3% below its estimated GF Value™ of ฿57.82. GuruFocus considers Thai Mitsuwa PCL to be Fairly Valued.

Key valuation signals for BKK:TMW:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ฿57.82 vs. price of ฿56.50 (2.3% below fair value)
  • GF Score™: 93/100

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


Thai Mitsuwa PCL Business Description

Address 31 Moo 2, Tambol Banchang, Amphur Muang, Pathum Thani, THA, 12000
Thai Mitsuwa PCL is a Thailand-based manufacturing company. The company's operating segment includes the manufacture and sales of plastic; the manufacture and sales of magnesium and the manufacture and sales of mold. It generates maximum revenue from the manufacture and sales of the magnesium segment. The product portfolio of the company includes Automotive parts comprising plastic parts for fenders front, rear panels, and door handles; Home Appliances comprising plastic parts for audio-video products like DVD and Home systems and magnesium products.
93GF Score

Get the complete analysis for BKK:TMW

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

฿56.50
Price
฿57.82
GF Value