Thai Steel Cable PCL (BKK:TSC) Cyclically Adjusted PS Ratio: 1.21 (As of Jul. 25, 2026) — 12% Above Median

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BKK:TSC Thai Steel Cable PCL BKK:TSC
86 GF Score
Price ฿15.20
GF Value ฿12.96
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Thai Steel Cable PCL Cyclically Adjusted PS Ratio?

Thai Steel Cable PCL BKK:TSC 86 Cyclically Adjusted PS Ratio is 1.21 as of Jul. 25, 2026, which is 12% above its 10-year median of 1.08. GuruFocus rates BKK:TSC with a GF Score™ of 86/100 and a GF Value™ of ฿12.96 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,042 Vehicles & Parts companies, Thai Steel Cable PCL ranks worse than 64.4% on this metric.

As of today (2026-07-25), Thai Steel Cable PCL's current share price is ฿15.20. Thai Steel Cable PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿12.55. Thai Steel Cable PCL's Cyclically Adjusted PS Ratio for today is 1.21.

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

BKK:TSC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.08   Max: 1.29
Current: 1.21

During the past years, Thai Steel Cable PCL's highest Cyclically Adjusted PS Ratio was 1.29. The lowest was 0.74. And the median was 1.08.

BKK:TSC's Cyclically Adjusted PS Ratio is ranked worse than
64.4% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs BKK:TSC: 1.21

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 Steel Cable PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was ฿2.494. 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 ฿12.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Steel Cable PCL  (BKK:TSC) 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 Steel Cable PCL Cyclically Adjusted PS Ratio Related Terms


Thai Steel Cable PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

Thai Steel Cable PCL Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.04 1.09 1.12 1.10

Thai Steel Cable 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 1.02 1.03 1.10 1.24 1.14

BKK:TSC vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Thai Steel Cable 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 Steel Cable PCL Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Steel Cable PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:TSC
86GF Score
Thai Steel Cable PCL BKK:TSC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.20/12.55
=1.21

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

For example, Thai Steel Cable 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)
=2.494/330.2130*330.2130
=2.494

Current CPI (Mar. 2026) = 330.2130.

Thai Steel Cable PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.712 241.018 3.716
201609 2.750 241.428 3.761
201612 2.585 241.432 3.536
201703 2.884 243.801 3.906
201706 2.759 244.955 3.719
201709 2.956 246.819 3.955
201712 2.792 246.524 3.740
201803 3.099 249.554 4.101
201806 2.915 251.989 3.820
201809 3.154 252.439 4.126
201812 2.966 251.233 3.898
201903 3.097 254.202 4.023
201906 2.858 256.143 3.684
201909 2.803 256.759 3.605
201912 2.383 256.974 3.062
202003 2.499 258.115 3.197
202006 0.946 257.797 1.212
202009 1.961 260.280 2.488
202012 2.610 260.474 3.309
202103 2.725 264.877 3.397
202106 2.332 271.696 2.834
202109 2.350 274.310 2.829
202112 2.488 278.802 2.947
202203 2.398 287.504 2.754
202206 2.413 296.311 2.689
202209 2.840 296.808 3.160
202212 2.792 296.797 3.106
202303 3.048 301.836 3.335
202306 2.568 305.109 2.779
202309 2.850 307.789 3.058
202312 2.676 306.746 2.881
202403 2.734 312.332 2.891
202406 2.385 314.175 2.507
202409 2.477 315.301 2.594
202412 2.300 315.605 2.406
202503 2.458 319.799 2.538
202506 2.567 322.561 2.628
202509 2.345 324.800 2.384
202512 2.362 324.054 2.407
202603 2.494 330.213 2.494

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 1.21 mean?
Thai Steel Cable PCL (BKK:TSC) has a Cyclically Adjusted PS Ratio of 1.21 as of Jul. 25, 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 Steel Cable PCL and its competitors. This is 12% above median its historical median of 1.08. Over the past decade, Thai Steel Cable PCL's Cyclically Adjusted PS Ratio has ranged from 0.74 to 1.29. According to the industry distribution chart, Thai Steel Cable PCL ranks #671 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 64.4%.
Is Thai Steel Cable PCL's Cyclically Adjusted PS Ratio too high?
Thai Steel Cable PCL's current Cyclically Adjusted PS Ratio of 1.21 is 12% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.29. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Thai Steel Cable PCL's value of 1.21 is 63.5% above this industry median. Based on the distribution chart, Thai Steel Cable PCL ranks #671 out of 1042 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Thai Steel Cable PCL has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Steel Cable PCL's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thai Steel Cable PCL ranks #671 out of 1042 companies for Cyclically Adjusted PS Ratio. This places Thai Steel Cable PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. Thai Steel Cable PCL's value of 1.21 is 63.5% above this benchmark. Historically, Thai Steel Cable PCL's own Cyclically Adjusted PS Ratio has ranged from 0.74 to 1.29 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.74, Thai Steel Cable 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,042 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 Steel Cable PCL's current Cyclically Adjusted PS Ratio of 1.21 is 63.5% 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 Steel Cable PCL and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Steel Cable PCL's current Cyclically Adjusted PS Ratio is 1.21, which is 12% above 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 Steel Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Steel Cable PCL (BKK:TSC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿12.96, compared to a current price of ฿15.20 — trading 17.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.21, which is 12% above median its 10-year median of 1.08 and 63.5% above the Vehicles & Parts industry median of 0.74. Thai Steel Cable PCL's overall GF Score™ is 86/100 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 Thai Steel Cable PCL (BKK:TSC), the current Cyclically Adjusted PS Ratio is 1.21 as of Jul. 25, 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 Steel Cable PCL (BKK:TSC) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Steel Cable PCL stock appears to be overvalued. The current stock price of ฿15.20 is trading 17.3% above its estimated GF Value™ of ฿12.96. GuruFocus considers Thai Steel Cable PCL to be Modestly Overvalued.

Key valuation signals for BKK:TSC:

  • Cyclically Adjusted PS Ratio: 1.21 (12% above median its 10-year median of 1.08)
  • GF Value™: ฿12.96 vs. price of ฿15.20 (17.3% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 63.5% above the Vehicles & Parts median (#671 of 1042)

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


Thai Steel Cable PCL Business Description

Address 700/737, Moo 1, Tambol Panthong, Amphur Panthong, Chonburi, THA, 20160
Thai Steel Cable PCL is a Thailand-based company engaged in the manufacture and sales of control cables, parts, and equipment for vehicles and motorcycles. Its products are divided into three categories: Automobile control cables which include products like accelerator cables, door lock cables, fuel lid opener cables, hood release cables, parking brake cables, seat belt cables, transmission cables, and trunk opener cables; Motorcycle control cables which include brake cables, clutch cables, seat lock cables, speedometer cables, tachometer cables, and throttle cables, and Automobile window regulators. The company operates only in Thailand.
86GF Score

Get the complete analysis for BKK:TSC

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

฿15.20
Price
฿12.96
GF Value