Trc Construction PCL (BKK:TRC) Cyclically Adjusted PS Ratio: 0.11 (As of Aug. 11, 2026) — 72% Below Median

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BKK:TRC Trc Construction PCL BKK:TRC
27 GF Score
Price ฿0.53
GF Value ฿0.31
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Trc Construction PCL Cyclically Adjusted PS Ratio?

Trc Construction PCL BKK:TRC -1.85% 27 Cyclically Adjusted PS Ratio is 0.11 as of Aug. 11, 2026, which is 72% below its 10-year median of 0.39. GuruFocus rates BKK:TRC with a GF Score™ of 27/100 and a GF Value™ of ฿0.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,376 Construction companies, Trc Construction PCL ranks better than 92.37% on this metric.

As of today (2026-08-11), Trc Construction PCL's current share price is ฿0.53. Trc Construction PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿4.87. Trc Construction PCL's Cyclically Adjusted PS Ratio for today is 0.11.

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

BKK:TRC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.39   Max: 2.05
Current: 0.11

During the past years, Trc Construction PCL's highest Cyclically Adjusted PS Ratio was 2.05. The lowest was 0.06. And the median was 0.39.

BKK:TRC's Cyclically Adjusted PS Ratio is ranked better than
92.37% of 1376 companies
in the Construction industry
Industry Median: 0.705 vs BKK:TRC: 0.11

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.

Trc Construction PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿0.089. 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 ฿4.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trc Construction PCL  (BKK:TRC) 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.


Trc Construction PCL Cyclically Adjusted PS Ratio Related Terms


Trc Construction PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Trc Construction 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.

Trc Construction PCL Cyclically Adjusted PS Ratio Chart

Trc Construction 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 0.85 0.59 0.66 0.22 0.09

Trc Construction 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 0.10 0.10 0.12 0.09 0.08

BKK:TRC vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Trc Construction 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.


Trc Construction PCL Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Trc Construction PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:TRC
27GF Score
Trc Construction PCL BKK:TRC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trc Construction 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.

Trc Construction PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.53/4.87
=0.11

* 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.

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

For example, Trc Construction 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)
=0.089/330.2130*330.2130
=0.089

Current CPI (Mar. 2026) = 330.2130.

Trc Construction PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.637 241.018 0.873
201609 1.721 241.428 2.354
201612 1.455 241.432 1.990
201703 1.334 243.801 1.807
201706 0.641 244.955 0.864
201709 0.665 246.819 0.890
201712 0.779 246.524 1.043
201803 0.684 249.554 0.905
201806 0.705 251.989 0.924
201809 0.950 252.439 1.243
201812 0.989 251.233 1.300
201903 1.165 254.202 1.513
201906 1.141 256.143 1.471
201909 1.157 256.759 1.488
201912 1.084 256.974 1.393
202003 1.068 258.115 1.366
202006 0.802 257.797 1.027
202009 0.670 260.280 0.850
202012 1.230 260.474 1.559
202103 1.295 264.877 1.614
202106 1.245 271.696 1.513
202109 0.894 274.310 1.076
202112 1.366 278.802 1.618
202203 0.935 287.504 1.074
202206 1.002 296.311 1.117
202209 0.995 296.808 1.107
202212 0.805 296.797 0.896
202303 0.794 301.836 0.869
202306 0.660 305.109 0.714
202309 8.723 307.789 9.359
202312 0.446 306.746 0.480
202403 0.391 312.332 0.413
202406 0.444 314.175 0.467
202409 0.229 315.301 0.240
202412 0.293 315.605 0.307
202503 0.224 319.799 0.231
202506 0.185 322.561 0.189
202509 0.200 324.800 0.203
202512 0.222 324.054 0.226
202603 0.089 330.213 0.089

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 0.11 mean?
Trc Construction PCL (BKK:TRC) has a Cyclically Adjusted PS Ratio of 0.11 as of Aug. 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 Trc Construction PCL and its competitors. This is 72% below median its historical median of 0.39. Over the past decade, Trc Construction PCL's Cyclically Adjusted PS Ratio has ranged from 0.06 to 2.05. According to the industry distribution chart, Trc Construction PCL ranks #105 out of 1376 companies in the Construction industry, placing it in the top 7.6%.
Is Trc Construction PCL's Cyclically Adjusted PS Ratio too high?
Trc Construction PCL's current Cyclically Adjusted PS Ratio of 0.11 is 72% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 2.05. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. Trc Construction PCL's value of 0.11 is 84.4% below this industry median. Based on the distribution chart, Trc Construction PCL ranks #105 out of 1376 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Trc Construction PCL has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trc Construction PCL's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Trc Construction PCL ranks #105 out of 1376 companies for Cyclically Adjusted PS Ratio. This places Trc Construction PCL in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.71. Trc Construction PCL's value of 0.11 is 84.4% below this benchmark. Historically, Trc Construction PCL's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 2.05 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.71, Trc Construction 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,376 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. Trc Construction PCL's current Cyclically Adjusted PS Ratio of 0.11 is 84.4% 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 Trc Construction PCL and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trc Construction PCL's current Cyclically Adjusted PS Ratio is 0.11, which is 72% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trc Construction PCL stock overvalued right now?
Based on GuruFocus' analysis, Trc Construction PCL (BKK:TRC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.31, compared to a current price of ฿0.53 — trading 71% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.11, which is 72% below median its 10-year median of 0.39 and 84.4% below the Construction industry median of 0.71. Trc Construction PCL's overall GF Score™ is 27/100 with 6 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 Trc Construction PCL (BKK:TRC), the current Cyclically Adjusted PS Ratio is 0.11 as of Aug. 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.

Is Trc Construction PCL (BKK:TRC) Overvalued in 2026?

Based on GuruFocus' analysis, Trc Construction PCL stock appears to be overvalued. The current stock price of ฿0.53 is trading 71% above its estimated GF Value™ of ฿0.31. GuruFocus considers Trc Construction PCL to be Significantly Overvalued.

Key valuation signals for BKK:TRC:

  • Cyclically Adjusted PS Ratio: 0.11 (72% below median its 10-year median of 0.39)
  • GF Value™: ฿0.31 vs. price of ฿0.53 (71% above fair value)
  • GF Score™: 27/100 with 6 warning signs
  • Industry Position: 84.4% below the Construction median (#105 of 1376)

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


Trc Construction PCL Business Description

Address Number 8, Soi Sukhapiban 5 soi 32, Kwang Tha Raeng, Khet Bang Khen, Bangkok, THA, 10220
Trc Construction PCL is engaged in the construction business. It offers engineering design, procurement, construction, project management and maintenance services. The Group is organized into business units based on its products and services and have four reportable segments as follows: Pipeline System Construction segment, Civil Work Construction segment, Engineering System installation and factory construction for energy and petrochemical business segment, and Sales and Other Services. The Civil Work Segment derives maximum revenue. Geographically, it operates only in Thailand.
27GF Score

Get the complete analysis for BKK:TRC

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

฿0.53
Price
฿0.31
GF Value