Thai Nam Plastic PCL (BKK:TNPC) Cyclically Adjusted PS Ratio: 0.22 (As of Jul. 28, 2026) — 29% Below Median

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BKK:TNPC Thai Nam Plastic PCL BKK:TNPC
47 GF Score
Price ฿0.90
GF Value ฿0.91
Valuation Fairly Valued
! 7 Warning Signs
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What is Thai Nam Plastic PCL Cyclically Adjusted PS Ratio?

Thai Nam Plastic PCL BKK:TNPC 47 Cyclically Adjusted PS Ratio is 0.22 as of Jul. 28, 2026, which is 29% below its 10-year median of 0.31. GuruFocus rates BKK:TNPC with a GF Score™ of 47/100 and a GF Value™ of ฿0.91 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,042 Vehicles & Parts companies, Thai Nam Plastic PCL ranks better than 78.5% on this metric.

As of today (2026-07-28), Thai Nam Plastic PCL's current share price is ฿0.90. Thai Nam Plastic PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿4.05. Thai Nam Plastic PCL's Cyclically Adjusted PS Ratio for today is 0.22.

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

BKK:TNPC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.31   Max: 1.07
Current: 0.22

During the past years, Thai Nam Plastic PCL's highest Cyclically Adjusted PS Ratio was 1.07. The lowest was 0.14. And the median was 0.31.

BKK:TNPC's Cyclically Adjusted PS Ratio is ranked better than
78.5% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs BKK:TNPC: 0.22

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 Nam Plastic PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿1.022. 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 ฿4.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Nam Plastic PCL  (BKK:TNPC) 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 Nam Plastic PCL Cyclically Adjusted PS Ratio Related Terms


Thai Nam Plastic PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

Thai Nam Plastic 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 0.62 0.54 0.38 0.22 0.21

Thai Nam Plastic 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 0.21 0.20 0.23 0.21 0.21

BKK:TNPC vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Thai Nam Plastic 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 Nam Plastic PCL Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Nam Plastic PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:TNPC
47GF Score
Thai Nam Plastic PCL BKK:TNPC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.90/4.05
=0.22

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

For example, Thai Nam Plastic 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)
=1.022/330.2130*330.2130
=1.022

Current CPI (Mar. 2026) = 330.2130.

Thai Nam Plastic PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.746 241.018 1.022
201609 0.708 241.428 0.968
201612 0.722 241.432 0.987
201703 0.723 243.801 0.979
201706 0.910 244.955 1.227
201709 0.889 246.819 1.189
201712 0.728 246.524 0.975
201803 0.824 249.554 1.090
201806 0.840 251.989 1.101
201809 0.840 252.439 1.099
201812 0.790 251.233 1.038
201903 0.711 254.202 0.924
201906 0.697 256.143 0.899
201909 0.715 256.759 0.920
201912 0.584 256.974 0.750
202003 0.533 258.115 0.682
202006 0.267 257.797 0.342
202009 0.576 260.280 0.731
202012 0.745 260.474 0.944
202103 0.751 264.877 0.936
202106 0.757 271.696 0.920
202109 0.712 274.310 0.857
202112 0.864 278.802 1.023
202203 0.983 287.504 1.129
202206 0.872 296.311 0.972
202209 1.106 296.808 1.230
202212 1.185 296.797 1.318
202303 1.141 301.836 1.248
202306 1.109 305.109 1.200
202309 1.278 307.789 1.371
202312 1.126 306.746 1.212
202403 1.021 312.332 1.079
202406 0.928 314.175 0.975
202409 1.093 315.301 1.145
202412 0.933 315.605 0.976
202503 0.972 319.799 1.004
202506 0.983 322.561 1.006
202509 0.999 324.800 1.016
202512 0.973 324.054 0.991
202603 1.022 330.213 1.022

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 0.22 mean?
Thai Nam Plastic PCL (BKK:TNPC) has a Cyclically Adjusted PS Ratio of 0.22 as of Jul. 28, 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 Nam Plastic PCL and its competitors. This is 29% below median its historical median of 0.31. Over the past decade, Thai Nam Plastic PCL's Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.07. According to the industry distribution chart, Thai Nam Plastic PCL ranks #224 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 21.5%.
Is Thai Nam Plastic PCL's Cyclically Adjusted PS Ratio too high?
Thai Nam Plastic PCL's current Cyclically Adjusted PS Ratio of 0.22 is 29% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.07. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Thai Nam Plastic PCL's value of 0.22 is 69.4% below this industry median. Based on the distribution chart, Thai Nam Plastic PCL ranks #224 out of 1042 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Nam Plastic PCL has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Nam Plastic PCL's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thai Nam Plastic PCL ranks #224 out of 1042 companies for Cyclically Adjusted PS Ratio. This places Thai Nam Plastic PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.72. Thai Nam Plastic PCL's value of 0.22 is 69.4% below this benchmark. Historically, Thai Nam Plastic PCL's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.07 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.72, Thai Nam Plastic 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 a Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,042 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 Nam Plastic PCL's current Cyclically Adjusted PS Ratio of 0.22 is 69.4% 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 Nam Plastic PCL and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Nam Plastic PCL's current Cyclically Adjusted PS Ratio is 0.22, which is 29% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Nam Plastic PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Nam Plastic PCL (BKK:TNPC) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.91, compared to a current price of ฿0.90 — trading 1.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 29% below median its 10-year median of 0.31 and 69.4% below the Vehicles & Parts industry median of 0.72. Thai Nam Plastic PCL's overall GF Score™ is 47/100 with 7 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 Nam Plastic PCL (BKK:TNPC), the current Cyclically Adjusted PS Ratio is 0.22 as of Jul. 28, 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 Nam Plastic PCL (BKK:TNPC) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Nam Plastic PCL stock appears to be undervalued. The current stock price of ฿0.90 is trading 1.1% below its estimated GF Value™ of ฿0.91. GuruFocus considers Thai Nam Plastic PCL to be Fairly Valued.

Key valuation signals for BKK:TNPC:

  • Cyclically Adjusted PS Ratio: 0.22 (29% below median its 10-year median of 0.31)
  • GF Value™: ฿0.91 vs. price of ฿0.90 (1.1% below fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 69.4% below the Vehicles & Parts median (#224 of 1042)

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


Thai Nam Plastic PCL Business Description

Address Petchakasem Road, KM.23, 40 Moo 7, Omnoi, Amphur Kratumban, Samutsakorn, THA, 74130
Thai Nam Plastic PCL engages in the production and distribution of flexible plastic, synthetic leather, and car mats. The Group's main business operations are the manufacture and distribution of semi-finished plastic products, synthetic leather, and film/sheet for the industries of Automotive, sports shoes, furniture, and fashionable leather, and flexible film/sheet for applications in household, civil engineering, and agricultural functions. The company has domestic and international areas, with the majority of revenue from Domestic.
47GF Score

Get the complete analysis for BKK:TNPC

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

฿0.90
Price
฿0.91
GF Value