TPI Polene Power PCL (BKK:TPIPP) Cyclically Adjusted PS Ratio: 1.37 (As of Jul. 26, 2026) — Near Median

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BKK:TPIPP TPI Polene Power PCL BKK:TPIPP
68 GF Score
Price ฿1.81
GF Value ฿2.35
Valuation Modestly Undervalued
! 10 Warning Signs
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What is TPI Polene Power PCL Cyclically Adjusted PS Ratio?

TPI Polene Power PCL BKK:TPIPP 68 Cyclically Adjusted PS Ratio is 1.37 as of Jul. 26, 2026, which is 2% below its 10-year median of 1.40. GuruFocus rates BKK:TPIPP with a GF Score™ of 68/100 and a GF Value™ of ฿2.35 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, TPI Polene Power PCL ranks better than 54.81% on this metric.

As of today (2026-07-26), TPI Polene Power PCL's current share price is ฿1.81. TPI Polene Power PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿1.32. TPI Polene Power PCL's Cyclically Adjusted PS Ratio for today is 1.37.

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

BKK:TPIPP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.4   Max: 1.68
Current: 1.37

During the past years, TPI Polene Power PCL's highest Cyclically Adjusted PS Ratio was 1.68. The lowest was 1.32. And the median was 1.40.

BKK:TPIPP's Cyclically Adjusted PS Ratio is ranked better than
54.81% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.69 vs BKK:TPIPP: 1.37

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.

TPI Polene Power PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.260. 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 ฿1.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TPI Polene Power PCL  (BKK:TPIPP) 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.


TPI Polene Power PCL Cyclically Adjusted PS Ratio Related Terms


TPI Polene Power PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TPI Polene Power 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.

TPI Polene Power PCL Cyclically Adjusted PS Ratio Chart

TPI Polene Power 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 0.00 1.39

TPI Polene Power 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 0.00 0.00 1.71 1.39 1.39

TPI Polene Power PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, TPI Polene Power 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.


TPI Polene Power PCL Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TPI Polene Power PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:TPIPP
68GF Score
TPI Polene Power PCL BKK:TPIPP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TPI Polene Power 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.

TPI Polene Power PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.81/1.32
=1.37

* 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.

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

For example, TPI Polene Power 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)
=0.26/330.2130*330.2130
=0.260

Current CPI (Mar. 2026) = 330.2130.

TPI Polene Power PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.190 241.018 0.260
201609 0.152 241.428 0.208
201612 0.206 241.432 0.282
201703 0.196 243.801 0.265
201706 0.148 244.955 0.200
201709 0.136 246.819 0.182
201712 0.156 246.524 0.209
201803 0.161 249.554 0.213
201806 0.224 251.989 0.294
201809 0.251 252.439 0.328
201812 0.272 251.233 0.358
201903 0.289 254.202 0.375
201906 0.307 256.143 0.396
201909 0.320 256.759 0.412
201912 0.343 256.974 0.441
202003 0.302 258.115 0.386
202006 0.331 257.797 0.424
202009 0.359 260.280 0.455
202012 0.331 260.474 0.420
202103 0.315 264.877 0.393
202106 0.347 271.696 0.422
202109 0.342 274.310 0.412
202112 0.312 278.802 0.370
202203 0.333 287.504 0.382
202206 0.305 296.311 0.340
202209 0.276 296.808 0.307
202212 0.301 296.797 0.335
202303 0.351 301.836 0.384
202306 0.348 305.109 0.377
202309 0.291 307.789 0.312
202312 0.319 306.746 0.343
202403 0.304 312.332 0.321
202406 0.321 314.175 0.337
202409 0.320 315.301 0.335
202412 0.332 315.605 0.347
202503 0.324 319.799 0.335
202506 0.252 322.561 0.258
202509 0.250 324.800 0.254
202512 0.253 324.054 0.258
202603 0.260 330.213 0.260

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 1.37 mean?
TPI Polene Power PCL (BKK:TPIPP) has a Cyclically Adjusted PS Ratio of 1.37 as of Jul. 26, 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 TPI Polene Power PCL and its competitors. This is near median its historical median of 1.40. Over the past decade, TPI Polene Power PCL's Cyclically Adjusted PS Ratio has ranged from 1.32 to 1.68. According to the industry distribution chart, TPI Polene Power PCL ranks #122 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 45.2%.
Is TPI Polene Power PCL's Cyclically Adjusted PS Ratio too high?
TPI Polene Power PCL's current Cyclically Adjusted PS Ratio of 1.37 is near median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 1.68. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.69. TPI Polene Power PCL's value of 1.37 is 18.9% below this industry median. Based on the distribution chart, TPI Polene Power PCL ranks #122 out of 270 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, TPI Polene Power PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPI Polene Power PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, TPI Polene Power PCL ranks #122 out of 270 companies for Cyclically Adjusted PS Ratio. This puts TPI Polene Power PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.69. TPI Polene Power PCL's value of 1.37 is 18.9% below this benchmark. Historically, TPI Polene Power PCL's own Cyclically Adjusted PS Ratio has ranged from 1.32 to 1.68 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.69, TPI Polene Power 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.69, based on 270 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. TPI Polene Power PCL's current Cyclically Adjusted PS Ratio of 1.37 is 18.9% 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 TPI Polene Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPI Polene Power PCL's current Cyclically Adjusted PS Ratio is 1.37, which is near median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Polene Power PCL stock overvalued right now?
Based on GuruFocus' analysis, TPI Polene Power PCL (BKK:TPIPP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.35, compared to a current price of ฿1.81 — trading 23% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.37, which is near median its 10-year median of 1.40 and 18.9% below the Utilities - Independent Power Producers industry median of 1.69. TPI Polene Power PCL's overall GF Score™ is 68/100 with 10 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 TPI Polene Power PCL (BKK:TPIPP), the current Cyclically Adjusted PS Ratio is 1.37 as of Jul. 26, 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 TPI Polene Power PCL (BKK:TPIPP) Overvalued in 2026?

Based on GuruFocus' analysis, TPI Polene Power PCL stock appears to be undervalued. The current stock price of ฿1.81 is trading 23% below its estimated GF Value™ of ฿2.35. GuruFocus considers TPI Polene Power PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPIPP:

  • Cyclically Adjusted PS Ratio: 1.37 (near median its 10-year median of 1.40)
  • GF Value™: ฿2.35 vs. price of ฿1.81 (23% below fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 18.9% below the Utilities - Independent Power Producers median (#122 of 270)

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


TPI Polene Power PCL Business Description

Address Chan Tat Mai Road, 26/56, TPI Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120
TPI Polene Power PCL is engaged in manufacturing and distributing electricity and refuse-derived fuel, organics waste, and distributing diesel and natural gas. The company is engaged in two segments which are Energy and utilities, Petrol and gas stations. It derives maximum revenue from Energy & Utilities segment. Geographically, the company operates in Thailand.
68GF Score

Get the complete analysis for BKK:TPIPP

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

฿1.81
Price
฿2.35
GF Value