BTSGY (BTS Group Holdings) Cyclically Adjusted PS Ratio: 0.39 (As of Sep. 03, 2026) — 92% Below Median

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BTSGY BTS Group Holdings PLC BTSGY
60 GF Score
Price $6.81
GF Value $38.83
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is BTS Group Holdings Cyclically Adjusted PS Ratio?

BTS Group Holdings BTSGY 60 Cyclically Adjusted PS Ratio is 0.39 as of Sep. 03, 2026, which is 92% below its 10-year median of 4.95. GuruFocus rates BTSGY with a GF Score™ of 60/100 and a GF Value™ of $38.83 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 763 Transportation companies, BTS Group Holdings ranks worse than 50.07% on this metric.

As of today (2026-09-03), BTS Group Holdings's current share price is $6.81. BTS Group Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $17.52. BTS Group Holdings's Cyclically Adjusted PS Ratio for today is 0.39.

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

BTSGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 4.95   Max: 11.36
Current: 0.93

During the past years, BTS Group Holdings's highest Cyclically Adjusted PS Ratio was 11.36. The lowest was 0.92. And the median was 4.95.

BTSGY's Cyclically Adjusted PS Ratio is ranked worse than
50.07% of 763 companies
in the Transportation industry
Industry Median: 0.93 vs BTSGY: 0.93

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.

BTS Group Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was $1.079. 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 $17.52 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BTS Group Holdings  (OTCPK:BTSGY) 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.


BTS Group Holdings Cyclically Adjusted PS Ratio Related Terms


BTS Group Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BTS Group Holdings'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.

BTS Group Holdings Cyclically Adjusted PS Ratio Chart

BTS Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.04 3.58 2.91 2.52 0.99

BTS Group Holdings 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 1.73 1.45 1.07 0.99 0.94

BTSGY vs UNP, CSX, NSC: Cyclically Adjusted PS Ratio Comparison

For the Railroads subindustry, BTS Group Holdings'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.


BTS Group Holdings Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, BTS Group Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where BTS Group Holdings's Cyclically Adjusted PS Ratio falls into.


BTSGY
60GF Score
BTS Group Holdings PLC BTSGY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BTS Group Holdings 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.

BTS Group Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.81/17.52
=0.39

* 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.

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

For example, BTS Group Holdings'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)
=1.079/333.9520*333.9520
=1.079

Current CPI (Jun. 2026) = 333.9520.

BTS Group Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.355 241.428 0.491
201612 0.369 241.432 0.510
201703 0.618 243.801 0.847
201706 0.666 244.955 0.908
201709 0.535 246.819 0.724
201712 1.148 246.524 1.555
201803 0.808 249.554 1.081
201806 0.684 251.989 0.906
201809 3.985 252.439 5.272
201812 4.791 251.233 6.368
201903 1.963 254.202 2.579
201906 2.092 256.143 2.727
201909 2.618 256.759 3.405
201912 2.415 256.974 3.138
202003 1.784 258.115 2.308
202006 2.362 257.797 3.060
202009 2.138 260.280 2.743
202012 2.196 260.474 2.815
202103 1.853 264.877 2.336
202106 1.874 271.696 2.303
202109 1.266 274.310 1.541
202112 1.783 278.802 2.136
202203 1.054 287.504 1.224
202206 0.855 296.311 0.964
202209 0.924 296.808 1.040
202212 1.015 296.797 1.142
202303 1.086 301.836 1.202
202306 1.105 305.109 1.209
202309 0.825 307.789 0.895
202312 1.099 306.746 1.196
202403 0.803 312.332 0.859
202406 0.756 314.175 0.804
202409 0.886 315.301 0.938
202412 1.063 315.605 1.125
202503 0.991 319.799 1.035
202506 1.005 322.561 1.040
202509 1.009 324.800 1.037
202512 1.076 324.054 1.109
202603 1.001 330.213 1.012
202606 1.079 333.952 1.079

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 0.39 mean?
BTS Group Holdings (BTSGY) has a Cyclically Adjusted PS Ratio of 0.39 as of Sep. 03, 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 BTS Group Holdings and its competitors. This is 92% below median its historical median of 4.95. Over the past decade, BTS Group Holdings' Cyclically Adjusted PS Ratio has ranged from 0.92 to 11.36. According to the industry distribution chart, BTS Group Holdings ranks #382 out of 763 companies in the Transportation industry, placing it in the top 50.1%.
Is BTS Group Holdings' Cyclically Adjusted PS Ratio too high?
BTS Group Holdings' current Cyclically Adjusted PS Ratio of 0.39 is 92% below median its 10-year median of 4.95. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 11.36. The Transportation industry median Cyclically Adjusted PS Ratio is 0.93. BTS Group Holdings' value of 0.39 is 58.1% below this industry median. Based on the distribution chart, BTS Group Holdings ranks #382 out of 763 companies in the Transportation industry, which is below the industry midpoint. Overall, BTS Group Holdings has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BTS Group Holdings' Cyclically Adjusted PS Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, BTS Group Holdings ranks #382 out of 763 companies for Cyclically Adjusted PS Ratio. This places BTS Group Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.93. BTS Group Holdings' value of 0.39 is 58.1% below this benchmark. Historically, BTS Group Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.92 to 11.36 over the past decade. While the company's 10-year median is 4.95 vs. the industry median of 0.93, BTS Group Holdings 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.93, based on 763 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. BTS Group Holdings's current Cyclically Adjusted PS Ratio of 0.39 is 58.1% 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 BTS Group Holdings and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTS Group Holdings's current Cyclically Adjusted PS Ratio is 0.39, which is 92% below median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTS Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, BTS Group Holdings (BTSGY) is currently considered Possible Value Trap. The stock's GF Value™ is $38.83, compared to a current price of $6.81 — trading 82.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.39, which is 92% below median its 10-year median of 4.95 and 58.1% below the Transportation industry median of 0.93. BTS Group Holdings' overall GF Score™ is 60/100 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 BTS Group Holdings (BTSGY), the current Cyclically Adjusted PS Ratio is 0.39 as of Sep. 03, 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 BTS Group Holdings (BTSGY) Overvalued in 2026?

Based on GuruFocus' analysis, BTS Group Holdings stock appears to be undervalued. The current stock price of $6.81 is trading 82.5% below its estimated GF Value™ of $38.83. GuruFocus considers BTS Group Holdings to be Possible Value Trap.

Key valuation signals for BTSGY:

  • Cyclically Adjusted PS Ratio: 0.39 (92% below median its 10-year median of 4.95)
  • GF Value™: $38.83 vs. price of $6.81 (82.5% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 58.1% below the Transportation median (#382 of 763)

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


BTS Group Holdings Business Description

Other Exchanges BTS:Thailand
Address Phahonyothin Road, 1000/9 BTS Visionary Park, South Tower, 33rd Floor, Chomphon Sub-district, Chatuchak District, Bangkok, THA, 10900
BTS Group Holdings PLC is principally engaged in the provision of transportation (Move), comprehensive marketing (Mix), and the capture of opportunities and creation of synergies through a shared system platform (Match). The group's reportable segments are MOVE, MIX, and MATCH. The majority of its revenue is generated from the MOVE segment, which provides mass transportation services for rail and other modes. This segment generates revenue through farebox collection, operating and maintenance, elevated rail's installation and construction, train procurement, and other related services, as well as the operation and maintenance of the Bus Rapid Transit and Automated People Mover (APM) systems. Geographically, the group generates maximum revenue from Thailand.
60GF Score

Get the complete analysis for BTSGY

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

$6.81
Price
$38.83
GF Value