TTW PCL (BKK:TTW-R) Cyclically Adjusted PS Ratio: 5.71 (As of Aug. 19, 2026) — 13% Below Median

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BKK:TTW-R TTW PCL BKK:TTW-R
81 GF Score
Price ฿9.19
GF Value ฿8.08
! 3 Warning Signs
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What is TTW PCL Cyclically Adjusted PS Ratio?

TTW PCL BKK:TTW-R 81 Cyclically Adjusted PS Ratio is 5.71 as of Aug. 19, 2026, which is 13% below its 10-year median of 6.60. GuruFocus rates BKK:TTW-R with a GF Score™ of 81/100 and a GF Value™ of ฿8.08. The stock has 3 warning signs investors should review. Among 438 Utilities - Regulated companies, TTW PCL ranks worse than 95.66% on this metric.

As of today (2026-08-19), TTW PCL's current share price is ฿9.19265. TTW PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿1.61. TTW PCL's Cyclically Adjusted PS Ratio for today is 5.71.

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

BKK:TTW-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.97   Med: 6.6   Max: 10.28
Current: 6.06

During the past years, TTW PCL's highest Cyclically Adjusted PS Ratio was 10.28. The lowest was 4.97. And the median was 6.60.

BKK:TTW-R's Cyclically Adjusted PS Ratio is ranked worse than
95.66% of 438 companies
in the Utilities - Regulated industry
Industry Median: 1.45 vs BKK:TTW-R: 6.06

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.

TTW PCL's adjusted revenue per share data for the three months ended in Jun. 2026 was ฿0.333. 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 ฿1.61 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TTW PCL  (BKK:TTW-R) 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.


TTW PCL Cyclically Adjusted PS Ratio Related Terms


TTW PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TTW 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.

TTW PCL Cyclically Adjusted PS Ratio Chart

TTW 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 7.21 5.40 5.37 5.35 5.34

TTW 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 5.05 5.33 5.34 5.35 5.74

BKK:TTW-R vs AWK, WTRG, AWR: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Water subindustry, TTW 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.


TTW PCL Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, TTW PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:TTW-R
81GF Score
TTW PCL BKK:TTW-R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TTW 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.19265/1.61
=5.71

* 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.

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

For example, TTW 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)
=0.333/333.9520*333.9520
=0.333

Current CPI (Jun. 2026) = 333.9520.

TTW PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.337 241.428 0.466
201612 0.329 241.432 0.455
201703 0.336 243.801 0.460
201706 0.360 244.955 0.491
201709 0.351 246.819 0.475
201712 0.360 246.524 0.488
201803 0.367 249.554 0.491
201806 0.363 251.989 0.481
201809 0.372 252.439 0.492
201812 0.376 251.233 0.500
201903 0.365 254.202 0.480
201906 0.384 256.143 0.501
201909 0.387 256.759 0.503
201912 0.385 256.974 0.500
202003 0.385 258.115 0.498
202006 0.388 257.797 0.503
202009 0.390 260.280 0.500
202012 0.387 260.474 0.496
202103 0.368 264.877 0.464
202106 0.370 271.696 0.455
202109 0.361 274.310 0.439
202112 0.356 278.802 0.426
202203 0.352 287.504 0.409
202206 0.358 296.311 0.403
202209 0.360 296.808 0.405
202212 0.357 296.797 0.402
202303 0.371 301.836 0.410
202306 0.381 305.109 0.417
202309 0.384 307.789 0.417
202312 0.325 306.746 0.354
202403 0.313 312.332 0.335
202406 0.320 314.175 0.340
202409 0.323 315.301 0.342
202412 0.322 315.605 0.341
202503 0.321 319.799 0.335
202506 0.325 322.561 0.336
202509 0.332 324.800 0.341
202512 0.335 324.054 0.345
202603 0.325 330.213 0.329
202606 0.333 333.952 0.333

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 5.71 mean?
TTW PCL (BKK:TTW-R) has a Cyclically Adjusted PS Ratio of 5.71 as of Aug. 19, 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 TTW PCL and its competitors. This is 13% below median its historical median of 6.60. Over the past decade, TTW PCL's Cyclically Adjusted PS Ratio has ranged from 4.97 to 10.28. According to the industry distribution chart, TTW PCL ranks #419 out of 438 companies in the Utilities - Regulated industry, placing it in the top 95.7%.
Is TTW PCL's Cyclically Adjusted PS Ratio too high?
TTW PCL's current Cyclically Adjusted PS Ratio of 5.71 is 13% below median its 10-year median of 6.60. Over the past 10 years, this metric has ranged from a low of 4.97 to a high of 10.28. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.45. TTW PCL's value of 5.71 is 293.8% above this industry median. Based on the distribution chart, TTW PCL ranks #419 out of 438 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, TTW PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does TTW PCL's Cyclically Adjusted PS Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, TTW PCL ranks #419 out of 438 companies for Cyclically Adjusted PS Ratio. This places TTW PCL in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.45. TTW PCL's value of 5.71 is 293.8% above this benchmark. Historically, TTW PCL's own Cyclically Adjusted PS Ratio has ranged from 4.97 to 10.28 over the past decade. While the company's 10-year median is 6.60 vs. the industry median of 1.45, TTW 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 an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.45, based on 438 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. TTW PCL's current Cyclically Adjusted PS Ratio of 5.71 is 293.8% 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 TTW PCL and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TTW PCL's current Cyclically Adjusted PS Ratio is 5.71, which is 13% below median its own 10-year median of 6.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTW PCL stock overvalued right now?
TTW PCL (BKK:TTW-R) has a current Cyclically Adjusted PS Ratio of 5.71. The stock's GF Value™ is ฿8.08, compared to a current price of ฿9.19 — trading 13.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.71, which is 13% below median its 10-year median of 6.60 and 293.8% above the Utilities - Regulated industry median of 1.45. TTW PCL's overall GF Score™ is 81/100 with 3 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 TTW PCL (BKK:TTW-R), the current Cyclically Adjusted PS Ratio is 5.71 as of Aug. 19, 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 TTW PCL (BKK:TTW-R) Overvalued in 2026?

Based on GuruFocus' analysis, TTW PCL stock appears to be overvalued. The current stock price of ฿9.19 is trading 13.8% above its estimated GF Value™ of ฿8.08.

Key valuation signals for BKK:TTW-R:

  • Cyclically Adjusted PS Ratio: 5.71 (13% below median its 10-year median of 6.60)
  • GF Value™: ฿8.08 vs. price of ฿9.19 (13.8% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 293.8% above the Utilities - Regulated median (#419 of 438)

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


TTW PCL Business Description

Address Budha Monthon 5 Road, 30/130 Moo 12, Rai Khing, Sam Phran, Nakhon Pathom, THA, 73210
TTW PCL is a Thailand-based company chiefly engaged in the production and sale of treated water to its customers, the Provincial Waterworks Authority (PWA). The company supplies water to certain southern regions of Thailand that include Nakhon Pathom and Samut Sakhon. The subsidiaries of TTW PLC provide production, sale, operation, and maintenance services. The majority of the group's revenue is derived from sales of treated water to public sector agencies, while the rest is derived from private sector agencies and other sources. Geographically, the group operates only in Thailand.
81GF Score

Get the complete analysis for BKK:TTW-R

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

฿9.19
Price
฿8.08
GF Value