Thai O PP PCL (BKK:TOPP) Cyclically Adjusted PS Ratio: 0.40 (As of Sep. 11, 2026) — 31% Below Median

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BKK:TOPP Thai O PP PCL BKK:TOPP
41 GF Score
Price ฿134.00
! 2 Warning Signs
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What is Thai O PP PCL Cyclically Adjusted PS Ratio?

Thai O PP PCL BKK:TOPP 41 Cyclically Adjusted PS Ratio is 0.40 as of Sep. 11, 2026, which is 31% below its 10-year median of 0.58. GuruFocus rates BKK:TOPP with a GF Score™ of 41/100. The stock has 2 warning signs investors should review. Among 319 Packaging & Containers companies, Thai O PP PCL ranks better than 69.59% on this metric.

As of today (2026-09-11), Thai O PP PCL's current share price is ฿134.00. Thai O PP PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿331.89. Thai O PP PCL's Cyclically Adjusted PS Ratio for today is 0.40.

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

BKK:TOPP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.58   Max: 1.13
Current: 0.4

During the past years, Thai O PP PCL's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.40. And the median was 0.58.

BKK:TOPP's Cyclically Adjusted PS Ratio is ranked better than
69.59% of 319 companies
in the Packaging & Containers industry
Industry Median: 0.72 vs BKK:TOPP: 0.40

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 O PP PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿79.456. 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 ฿331.89 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai O PP PCL  (BKK:TOPP) 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 O PP PCL Cyclically Adjusted PS Ratio Related Terms


Thai O PP PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

Thai O PP 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 0.58 0.53 0.52 0.53 0.45

Thai O PP 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 0.49 0.43 0.45 0.41 0.42

BKK:TOPP vs SW, AMCR, PKG: Cyclically Adjusted PS Ratio Comparison

For the Packaging & Containers subindustry, Thai O PP 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 O PP PCL Cyclically Adjusted PS Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai O PP PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:TOPP
41GF Score
Thai O PP PCL BKK:TOPP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai O PP 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 O PP PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=134.00/331.89
=0.40

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

For example, Thai O PP 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)
=79.456/333.9520*333.9520
=79.456

Current CPI (Jun. 2026) = 333.9520.

Thai O PP PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 64.502 241.428 89.222
201612 60.657 241.432 83.902
201703 67.150 243.801 91.980
201706 67.079 244.955 91.450
201709 64.709 246.819 87.553
201712 63.891 246.524 86.549
201803 65.803 249.554 88.057
201806 65.811 251.989 87.217
201809 68.145 252.439 90.149
201812 75.980 251.233 100.997
201903 67.017 254.202 88.042
201906 65.091 256.143 84.864
201909 68.245 256.759 88.762
201912 62.645 256.974 81.411
202003 70.828 258.115 91.638
202006 68.392 257.797 88.595
202009 64.944 260.280 83.326
202012 60.387 260.474 77.422
202103 66.134 264.877 83.381
202106 130.206 271.696 160.041
202109 66.506 274.310 80.966
202112 67.132 278.802 80.411
202203 70.478 287.504 81.864
202206 75.739 296.311 85.360
202209 69.747 296.808 78.475
202212 61.796 296.797 69.532
202303 62.469 301.836 69.116
202306 65.529 305.109 71.724
202309 66.800 307.789 72.478
202312 64.093 306.746 69.778
202403 67.208 312.332 71.860
202406 68.042 314.175 72.325
202409 73.083 315.301 77.406
202412 72.572 315.605 76.791
202503 70.211 319.799 73.318
202506 68.654 322.561 71.078
202509 73.475 324.800 75.545
202512 65.794 324.054 67.804
202603 68.231 330.213 69.004
202606 79.456 333.952 79.456

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 0.40 mean?
Thai O PP PCL (BKK:TOPP) has a Cyclically Adjusted PS Ratio of 0.40 as of Sep. 11, 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 O PP PCL and its competitors. This is 31% below median its historical median of 0.58. Over the past decade, Thai O PP PCL's Cyclically Adjusted PS Ratio has ranged from 0.40 to 1.13. According to the industry distribution chart, Thai O PP PCL ranks #97 out of 319 companies in the Packaging & Containers industry, placing it in the top 30.4%.
Is Thai O PP PCL's Cyclically Adjusted PS Ratio too high?
Thai O PP PCL's current Cyclically Adjusted PS Ratio of 0.40 is 31% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.13. The Packaging & Containers industry median Cyclically Adjusted PS Ratio is 0.72. Thai O PP PCL's value of 0.40 is 44.4% below this industry median. Based on the distribution chart, Thai O PP PCL ranks #97 out of 319 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thai O PP PCL has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Thai O PP PCL's Cyclically Adjusted PS Ratio compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Thai O PP PCL ranks #97 out of 319 companies for Cyclically Adjusted PS Ratio. This puts Thai O PP PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Thai O PP PCL's value of 0.40 is 44.4% below this benchmark. Historically, Thai O PP PCL's own Cyclically Adjusted PS Ratio has ranged from 0.40 to 1.13 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.72, Thai O PP 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 Packaging & Containers company?
The median Cyclically Adjusted PS Ratio among Packaging & Containers companies is 0.72, based on 319 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 O PP PCL's current Cyclically Adjusted PS Ratio of 0.40 is 44.4% 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 O PP PCL and its competitors. For the Packaging & Containers 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 O PP PCL's current Cyclically Adjusted PS Ratio is 0.40, which is 31% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai O PP PCL stock overvalued right now?
Thai O PP PCL (BKK:TOPP) has a current Cyclically Adjusted PS Ratio of 0.40. The current Cyclically Adjusted PS Ratio is 0.40, which is 31% below median its 10-year median of 0.58 and 44.4% below the Packaging & Containers industry median of 0.72. Thai O PP PCL's overall GF Score™ is 41/100 with 2 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 O PP PCL (BKK:TOPP), the current Cyclically Adjusted PS Ratio is 0.40 as of Sep. 11, 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.

Thai O PP PCL Business Description

Address 1741 Chan Road, Thungmahamek, Sathorn, Bangkok, THA, 10120
Thai O PP PCL is a company engaged in the manufacture and distribution of Plastic films, stickers, Laminate tubes, and packaging. The company offers various types of plastic films, such as shrink films, C.P.P. (cast polypropylene) films, metalized films, stretch films for lamination, heat sealable oriented polypropylene (O.P.P.) films, skin vacuum films, and protection films. The segments of the company include Plastic films, stickers, and Tube. The company generates majority of its revenue from the Plastic Films segment.
41GF Score

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

฿134.00
Price