Thai Plaspac PCL (BKK:TPAC) Cyclically Adjusted PS Ratio: 0.49 (As of Jul. 17, 2026) — 61% Below Median

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BKK:TPAC Thai Plaspac PCL BKK:TPAC
88 GF Score
Price ฿8.60
GF Value ฿10.38
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Thai Plaspac PCL Cyclically Adjusted PS Ratio?

Thai Plaspac PCL BKK:TPAC 88 Cyclically Adjusted PS Ratio is 0.49 as of Jul. 17, 2026, which is 61% below its 10-year median of 1.25. GuruFocus rates BKK:TPAC with a GF Score™ of 88/100 and a GF Value™ of ฿10.38 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 319 Packaging & Containers companies, Thai Plaspac PCL ranks better than 60.82% on this metric.

As of today (2026-07-17), Thai Plaspac PCL's current share price is ฿8.60. Thai Plaspac PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿17.69. Thai Plaspac PCL's Cyclically Adjusted PS Ratio for today is 0.49.

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

BKK:TPAC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.25   Max: 2.45
Current: 0.5

During the past years, Thai Plaspac PCL's highest Cyclically Adjusted PS Ratio was 2.45. The lowest was 0.43. And the median was 1.25.

BKK:TPAC's Cyclically Adjusted PS Ratio is ranked better than
60.82% of 319 companies
in the Packaging & Containers industry
Industry Median: 0.7 vs BKK:TPAC: 0.50

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 Plaspac PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿5.495. 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 ฿17.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Plaspac PCL  (BKK:TPAC) 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 Plaspac PCL Cyclically Adjusted PS Ratio Related Terms


Thai Plaspac PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

Thai Plaspac 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 1.57 1.05 1.19 0.63 0.48

Thai Plaspac 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 0.50 0.44 0.47 0.48 0.50

BKK:TPAC vs SW, PKG, IP: Cyclically Adjusted PS Ratio Comparison

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

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

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


BKK:TPAC
88GF Score
Thai Plaspac PCL BKK:TPAC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.60/17.69
=0.49

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

For example, Thai Plaspac 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)
=5.495/330.2130*330.2130
=5.495

Current CPI (Mar. 2026) = 330.2130.

Thai Plaspac PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.511 241.018 2.070
201609 1.505 241.428 2.058
201612 1.519 241.432 2.078
201703 1.547 243.801 2.095
201706 1.563 244.955 2.107
201709 1.635 246.819 2.187
201712 1.496 246.524 2.004
201803 1.648 249.554 2.181
201806 1.742 251.989 2.283
201809 2.756 252.439 3.605
201812 3.814 251.233 5.013
201903 3.926 254.202 5.100
201906 3.688 256.143 4.754
201909 3.455 256.759 4.443
201912 2.897 256.974 3.723
202003 3.182 258.115 4.071
202006 2.835 257.797 3.631
202009 3.173 260.280 4.026
202012 3.007 260.474 3.812
202103 3.251 264.877 4.053
202106 3.584 271.696 4.356
202109 4.160 274.310 5.008
202112 4.808 278.802 5.695
202203 4.952 287.504 5.688
202206 5.508 296.311 6.138
202209 5.602 296.808 6.232
202212 5.367 296.797 5.971
202303 5.355 301.836 5.858
202306 5.035 305.109 5.449
202309 5.210 307.789 5.590
202312 5.249 306.746 5.651
202403 5.670 312.332 5.995
202406 5.600 314.175 5.886
202409 5.443 315.301 5.700
202412 5.292 315.605 5.537
202503 5.572 319.799 5.753
202506 5.100 322.561 5.221
202509 5.108 324.800 5.193
202512 5.077 324.054 5.173
202603 5.495 330.213 5.495

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 0.49 mean?
Thai Plaspac PCL (BKK:TPAC) has a Cyclically Adjusted PS Ratio of 0.49 as of Jul. 17, 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 Plaspac PCL and its competitors. This is 61% below median its historical median of 1.25. Over the past decade, Thai Plaspac PCL's Cyclically Adjusted PS Ratio has ranged from 0.43 to 2.45. According to the industry distribution chart, Thai Plaspac PCL ranks #125 out of 319 companies in the Packaging & Containers industry, placing it in the top 39.2%.
Is Thai Plaspac PCL's Cyclically Adjusted PS Ratio too high?
Thai Plaspac PCL's current Cyclically Adjusted PS Ratio of 0.49 is 61% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 2.45. The Packaging & Containers industry median Cyclically Adjusted PS Ratio is 0.70. Thai Plaspac PCL's value of 0.49 is 30% below this industry median. Based on the distribution chart, Thai Plaspac PCL ranks #125 out of 319 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thai Plaspac PCL has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Plaspac PCL's Cyclically Adjusted PS Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Plaspac PCL ranks #125 out of 319 companies for Cyclically Adjusted PS Ratio. This puts Thai Plaspac PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Thai Plaspac PCL's value of 0.49 is 30% below this benchmark. Historically, Thai Plaspac PCL's own Cyclically Adjusted PS Ratio has ranged from 0.43 to 2.45 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.70, Thai Plaspac 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 0.70, 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 Plaspac PCL's current Cyclically Adjusted PS Ratio of 0.49 is 30% 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 Plaspac PCL and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Plaspac PCL's current Cyclically Adjusted PS Ratio is 0.49, which is 61% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Plaspac PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Plaspac PCL (BKK:TPAC) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.38, compared to a current price of ฿8.60 — trading 17.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.49, which is 61% below median its 10-year median of 1.25 and 30% below the Packaging & Containers industry median of 0.70. Thai Plaspac PCL's overall GF Score™ is 88/100 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 Plaspac PCL (BKK:TPAC), the current Cyclically Adjusted PS Ratio is 0.49 as of Jul. 17, 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 Plaspac PCL (BKK:TPAC) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Plaspac PCL stock appears to be undervalued. The current stock price of ฿8.60 is trading 17.1% below its estimated GF Value™ of ฿10.38. GuruFocus considers Thai Plaspac PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPAC:

  • Cyclically Adjusted PS Ratio: 0.49 (61% below median its 10-year median of 1.25)
  • GF Value™: ฿10.38 vs. price of ฿8.60 (17.1% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 30% below the Packaging & Containers median (#125 of 319)

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


Thai Plaspac PCL Business Description

Address Bang Khun Thian-Chay Thalae Road, 77 Soi Thian Thalae 30, Thakham, Bang Khun Thian, Bangkok, THA, 10150
Thai Plaspac PCL is a Thailand-based company that operates in the plastic packaging business. The activity of the group includes the manufacturing and distribution of plastic packaging materials. It offers a wide range of manufacturing capabilities, ranging from packaging design, injection-molding, blow-molding, injection/blow molding in-line inspections, and quality assurance. It serves food, daily products, consumer-household, and other sectors. Geographically, the firm has a business presence in Thailand and Other overseas countries.
88GF Score

Get the complete analysis for BKK:TPAC

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

฿8.60
Price
฿10.38
GF Value