Thanapiriya PCL (BKK:TNP-F) Cyclically Adjusted PS Ratio: (As of Aug. 25, 2026)

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What is Thanapiriya PCL Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thanapiriya PCL  (BKK:TNP-F) 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.


Thanapiriya PCL Cyclically Adjusted PS Ratio Related Terms


Thanapiriya PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thanapiriya 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.

Thanapiriya PCL Cyclically Adjusted PS Ratio Chart

Thanapiriya 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 1.07 0.82

Thanapiriya 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 0.72 0.99 0.82 0.84 0.83

BKK:TNP-F vs KR, SFM: Cyclically Adjusted PS Ratio Comparison

For the Grocery Stores subindustry, Thanapiriya 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.


Thanapiriya PCL Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Thanapiriya PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Thanapiriya 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.

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

For example, Thanapiriya 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)
=1.067/333.9520*333.9520
=1.067

Current CPI (Jun. 2026) = 333.9520.

Thanapiriya PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.456 241.428 0.631
201612 0.464 241.432 0.642
201703 0.472 243.801 0.647
201706 0.487 244.955 0.664
201709 0.498 246.819 0.674
201712 0.540 246.524 0.732
201803 0.528 249.554 0.707
201806 0.537 251.989 0.712
201809 0.551 252.439 0.729
201812 0.545 251.233 0.724
201903 0.564 254.202 0.741
201906 0.616 256.143 0.803
201909 0.592 256.759 0.770
201912 0.669 256.974 0.869
202003 0.684 258.115 0.885
202006 0.642 257.797 0.832
202009 0.648 260.280 0.831
202012 0.770 260.474 0.987
202103 0.940 264.877 1.185
202106 0.756 271.696 0.929
202109 0.720 274.310 0.877
202112 0.862 278.802 1.033
202203 0.735 287.504 0.854
202206 0.724 296.311 0.816
202209 0.776 296.808 0.873
202212 0.806 296.797 0.907
202303 0.777 301.836 0.860
202306 0.805 305.109 0.881
202309 0.813 307.789 0.882
202312 0.872 306.746 0.949
202403 0.875 312.332 0.936
202406 0.887 314.175 0.943
202409 0.912 315.301 0.966
202412 0.917 315.605 0.970
202503 0.903 319.799 0.943
202506 0.929 322.561 0.962
202509 0.914 324.800 0.940
202512 1.118 324.054 1.152
202603 0.963 330.213 0.974
202606 1.067 333.952 1.067

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.


Thanapiriya PCL Business Description

Other Exchanges TNP:Thailand
Address 329, Moo 8, Ban Du Sub-district, Muang Chiangrai District, Chiangrai, THA, 57100
Thanapiriya PCL is engaged in the retail and wholesale business of consumer goods. The company operates retail and wholesale superstores excluding fresh food through its supermarkets under the brand Thanapiriya. It generates revenue from sales and services through its branches and head office in Thailand.