Thai Nippon Rubber Industry PCL (BKK:TNR-R) Cyclically Adjusted PS Ratio: 0.99 (As of Sep. 02, 2026) — Near Median

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BKK:TNR-R Thai Nippon Rubber Industry PCL BKK:TNR-R
74 GF Score
Price ฿6.25
GF Value ฿6.29
Valuation Fairly Valued
! 7 Warning Signs
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What is Thai Nippon Rubber Industry PCL Cyclically Adjusted PS Ratio?

Thai Nippon Rubber Industry PCL BKK:TNR-R 74 Cyclically Adjusted PS Ratio is 0.99 as of Sep. 02, 2026, which is 8% below its 10-year median of 1.08. GuruFocus rates BKK:TNR-R with a GF Score™ of 74/100 and a GF Value™ of ฿6.29 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,444 Consumer Packaged Goods companies, Thai Nippon Rubber Industry PCL ranks worse than 53.95% on this metric.

As of today (2026-09-02), Thai Nippon Rubber Industry PCL's current share price is ฿6.25. Thai Nippon Rubber Industry PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿6.34. Thai Nippon Rubber Industry PCL's Cyclically Adjusted PS Ratio for today is 0.99.

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

BKK:TNR-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.08   Max: 1.8
Current: 0.89

During the past years, Thai Nippon Rubber Industry PCL's highest Cyclically Adjusted PS Ratio was 1.80. The lowest was 0.71. And the median was 1.08.

BKK:TNR-R's Cyclically Adjusted PS Ratio is ranked worse than
53.95% of 1444 companies
in the Consumer Packaged Goods industry
Industry Median: 0.765 vs BKK:TNR-R: 0.89

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.

Thai Nippon Rubber Industry PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿1.650. 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 ฿6.34 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Nippon Rubber Industry PCL  (BKK:TNR-R) 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 Nippon Rubber Industry PCL Cyclically Adjusted PS Ratio Related Terms


Thai Nippon Rubber Industry PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thai Nippon Rubber Industry 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 Nippon Rubber Industry PCL Cyclically Adjusted PS Ratio Chart

Thai Nippon Rubber Industry 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 1.39 0.90

Thai Nippon Rubber Industry 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 1.06 0.98 0.90 0.70 0.77

BKK:TNR-R vs PG, CL, EL: Cyclically Adjusted PS Ratio Comparison

For the Household & Personal Products subindustry, Thai Nippon Rubber Industry 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 Nippon Rubber Industry PCL Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Nippon Rubber Industry PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:TNR-R
74GF Score
Thai Nippon Rubber Industry PCL BKK:TNR-R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Nippon Rubber Industry 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 Nippon Rubber Industry PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.25/6.34
=0.99

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

For example, Thai Nippon Rubber Industry 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)
=1.65/333.9520*333.9520
=1.650

Current CPI (Jun. 2026) = 333.9520.

Thai Nippon Rubber Industry PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.142 241.428 1.580
201612 0.896 241.432 1.239
201703 0.808 243.801 1.107
201706 1.105 244.955 1.506
201709 1.192 246.819 1.613
201712 1.201 246.524 1.627
201803 1.215 249.554 1.626
201806 1.077 251.989 1.427
201809 1.247 252.439 1.650
201812 1.491 251.233 1.982
201903 0.996 254.202 1.308
201906 1.159 256.143 1.511
201909 1.536 256.759 1.998
201912 1.804 256.974 2.344
202003 1.301 258.115 1.683
202006 1.324 257.797 1.715
202009 1.493 260.280 1.916
202012 1.729 260.474 2.217
202103 1.435 264.877 1.809
202106 1.468 271.696 1.804
202109 1.451 274.310 1.766
202112 1.355 278.802 1.623
202203 1.748 287.504 2.030
202206 1.493 296.311 1.683
202209 2.082 296.808 2.343
202212 1.300 296.797 1.463
202303 1.528 301.836 1.691
202306 1.708 305.109 1.869
202309 1.437 307.789 1.559
202312 1.789 306.746 1.948
202403 1.574 312.332 1.683
202406 1.829 314.175 1.944
202409 1.845 315.301 1.954
202412 1.746 315.605 1.847
202503 1.405 319.799 1.467
202506 1.666 322.561 1.725
202509 1.494 324.800 1.536
202512 1.588 324.054 1.637
202603 1.488 330.213 1.505
202606 1.650 333.952 1.650

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 0.99 mean?
Thai Nippon Rubber Industry PCL (BKK:TNR-R) has a Cyclically Adjusted PS Ratio of 0.99 as of Sep. 02, 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 Nippon Rubber Industry PCL and its competitors. This is near median its historical median of 1.08. Over the past decade, Thai Nippon Rubber Industry PCL's Cyclically Adjusted PS Ratio has ranged from 0.71 to 1.80. According to the industry distribution chart, Thai Nippon Rubber Industry PCL ranks #779 out of 1444 companies in the Consumer Packaged Goods industry, placing it in the top 53.9%.
Is Thai Nippon Rubber Industry PCL's Cyclically Adjusted PS Ratio too high?
Thai Nippon Rubber Industry PCL's current Cyclically Adjusted PS Ratio of 0.99 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.80. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Thai Nippon Rubber Industry PCL's value of 0.99 is 29.4% above this industry median. Based on the distribution chart, Thai Nippon Rubber Industry PCL ranks #779 out of 1444 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Thai Nippon Rubber Industry PCL has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Nippon Rubber Industry PCL's Cyclically Adjusted PS Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Thai Nippon Rubber Industry PCL ranks #779 out of 1444 companies for Cyclically Adjusted PS Ratio. This places Thai Nippon Rubber Industry PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Thai Nippon Rubber Industry PCL's value of 0.99 is 29.4% above this benchmark. Historically, Thai Nippon Rubber Industry PCL's own Cyclically Adjusted PS Ratio has ranged from 0.71 to 1.80 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.77, Thai Nippon Rubber Industry 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,444 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 Nippon Rubber Industry PCL's current Cyclically Adjusted PS Ratio of 0.99 is 29.4% 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 Thai Nippon Rubber Industry PCL and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Nippon Rubber Industry PCL's current Cyclically Adjusted PS Ratio is 0.99, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Nippon Rubber Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Nippon Rubber Industry PCL (BKK:TNR-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.29, compared to a current price of ฿6.25 — trading 0.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.99, which is near median its 10-year median of 1.08 and 29.4% above the Consumer Packaged Goods industry median of 0.77. Thai Nippon Rubber Industry PCL's overall GF Score™ is 74/100 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 Nippon Rubber Industry PCL (BKK:TNR-R), the current Cyclically Adjusted PS Ratio is 0.99 as of Sep. 02, 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 Nippon Rubber Industry PCL (BKK:TNR-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Nippon Rubber Industry PCL stock appears to be undervalued. The current stock price of ฿6.25 is trading 0.6% below its estimated GF Value™ of ฿6.29. GuruFocus considers Thai Nippon Rubber Industry PCL to be Fairly Valued.

Key valuation signals for BKK:TNR-R:

  • Cyclically Adjusted PS Ratio: 0.99 (near median its 10-year median of 1.08)
  • GF Value™: ฿6.29 vs. price of ฿6.25 (0.6% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 29.4% above the Consumer Packaged Goods median (#779 of 1444)

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


Thai Nippon Rubber Industry PCL Business Description

Other Exchanges TNR:Thailand
Address 1 Charoenrat Road, Thung Wat Don Subdistrict, Sathon District, Bangkok, THA, 10120
Thai Nippon Rubber Industry PCL along with its subsidiary engaged in manufacturing and distributing condom and lubricating gel, manufacturing paper packaging products and other printing, including manufacturing of herbal extraction products and providing analytical services, research, and tests to find important substances in all types of medicinal plants and agricultural crops and also provide personal care products. The company's operating segments are Condoms and lubricating gels and Paper boxes and other printing. It generates maximum revenue from Condoms and lubricating gels.
74GF Score

Get the complete analysis for BKK:TNR-R

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

฿6.25
Price
฿6.29
GF Value