Delta Electronics (Thailand) PCL (FRA:DLS) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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FRA:DLS Delta Electronics (Thailand) PCL FRA:DLS
95 GF Score
Price €6.25
GF Value €4.81
Valuation Modestly Overvalued
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What is Delta Electronics (Thailand) PCL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Electronics (Thailand) PCL  (FRA:DLS) 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.


Delta Electronics (Thailand) PCL Cyclically Adjusted PS Ratio Related Terms


Delta Electronics (Thailand) PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Delta Electronics (Thailand) 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.

Delta Electronics (Thailand) PCL Cyclically Adjusted PS Ratio Chart

Delta Electronics (Thailand) 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 8.28 15.17 13.24 21.61 18.80

Delta Electronics (Thailand) 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 10.69 17.71 18.72 27.40 31.37

FRA:DLS vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Delta Electronics (Thailand) 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.


Delta Electronics (Thailand) PCL Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Delta Electronics (Thailand) PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Delta Electronics (Thailand) PCL's Cyclically Adjusted PS Ratio falls into.


FRA:DLS
95GF Score
Delta Electronics (Thailand) PCL FRA:DLS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Electronics (Thailand) 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.

Delta Electronics (Thailand) PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Delta Electronics (Thailand) 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)
=0.138/333.9520*333.9520
=0.138

Current CPI (Jun. 2026) = 333.9520.

Delta Electronics (Thailand) PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.024 241.428 0.033
201612 0.027 241.432 0.037
201703 0.026 243.801 0.036
201706 0.026 244.955 0.035
201709 0.025 246.819 0.034
201712 0.026 246.524 0.035
201803 0.026 249.554 0.035
201806 0.028 251.989 0.037
201809 0.029 252.439 0.038
201812 0.029 251.233 0.039
201903 0.029 254.202 0.038
201906 0.031 256.143 0.040
201909 0.029 256.759 0.038
201912 0.028 256.974 0.036
202003 0.030 258.115 0.039
202006 0.033 257.797 0.043
202009 0.039 260.280 0.050
202012 0.041 260.474 0.053
202103 0.042 264.877 0.053
202106 0.044 271.696 0.054
202109 0.044 274.310 0.054
202112 0.049 278.802 0.059
202203 0.053 287.504 0.062
202206 0.061 296.311 0.069
202209 0.068 296.808 0.077
202212 0.075 296.797 0.084
202303 0.071 301.836 0.079
202306 0.077 305.109 0.084
202309 0.085 307.789 0.092
202312 0.079 306.746 0.086
202403 0.079 312.332 0.084
202406 0.085 314.175 0.090
202409 0.091 315.301 0.096
202412 0.092 315.605 0.097
202503 0.096 319.799 0.100
202506 0.095 322.561 0.098
202509 0.113 324.800 0.116
202512 0.123 324.054 0.127
202603 0.133 330.213 0.135
202606 0.138 333.952 0.138

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.

Is Delta Electronics (Thailand) PCL (FRA:DLS) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Electronics (Thailand) PCL stock appears to be overvalued. The current stock price of €6.25 is trading 29.9% above its estimated GF Value™ of €4.81. GuruFocus considers Delta Electronics (Thailand) PCL to be Modestly Overvalued.

Key valuation signals for FRA:DLS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €4.81 vs. price of €6.25 (29.9% above fair value)
  • GF Score™: 95/100

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


Delta Electronics (Thailand) PCL Business Description

Address 909 Soi 9, 714 Moo 4, Pattana 1 Road, Bangpoo Industrial Estate (E.P.Z), Tambon Prakasa, Amphur Muangsamutprakarn, Samutprakarn, THA, 10280
Delta Electronics (Thailand) PCL manufactures and distributes power supplies, electronic equipment, and components such as DC fans, EMI filters, solenoids, etc. The group's reportable segments are: Power electronics, Mobility, Infrastructure, Automation, and Others. The majority of its revenue is generated from the Power electronics segment, which designs, manufactures, and sells power supplies applied to computer, server, office automation equipment, and household electric appliances. The Mobility segment makes EV power systems, the Infrastructure segment builds ICT and energy systems, and the Automation segment offers industrial and building automation. Geographically, the group generates maximum revenue from the United States, followed by Singapore, Germany, Taiwan, and other markets.
95GF Score

Get the complete analysis for FRA:DLS

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

€6.25
Price
€4.81
GF Value