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Airports Of ThailandSGX:TATD 100 Cyclically Adjusted PS Ratio is 17.20 as of Aug. 29, 2026, which is 12% below its 10-year median of 19.60. GuruFocus rates SGX:TATD with a GF Score™ of 100/100 and a GF Value™ of S$2.26 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 761 Transportation companies, Airports Of Thailand ranks worse than 99.08% on this metric.
The historical rank and industry rank for Airports Of Thailand's Cyclically Adjusted PS Ratio or its related term are showing as below:
SGX:TATD'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.41 Med: 19.6 Max: 26.18
Current: 16.88
During the past years, Airports Of Thailand's highest Cyclically Adjusted PS Ratio was 26.18. The lowest was 7.41. And the median was 19.60.
SGX:TATD's Cyclically Adjusted PS Ratio is ranked worse than 99.08% of 761
companies
in the Transportation industry
Industry Median: 0.93
vs SGX:TATD: 16.88
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.
Airports Of Thailand's adjusted revenue per share data for the three months ended in Jun. 2026 was S$0.041. 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 S$0.15 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Airports Of Thailand (SGX:TATD) 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.
Airports Of Thailand Cyclically Adjusted PS Ratio Related Terms
Airports Of Thailand Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Airports Of Thailand'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.
Airports Of Thailand Cyclically Adjusted PS Ratio Chart
SGX:TATD vs JOBY, CAAP: Cyclically Adjusted PS Ratio Comparison
For the Airports & Air Services subindustry, Airports Of Thailand'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.
Airports Of Thailand Cyclically Adjusted PS Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Airports Of Thailand's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Airports Of Thailand's Cyclically Adjusted PS Ratio falls into.
Airports Of Thailand 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.
* 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.
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 17.20 mean?
Airports Of Thailand (SGX:TATD) has a Cyclically Adjusted PS Ratio of 17.20 as of Aug. 29, 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 Airports Of Thailand and its competitors. This is 12% below median its historical median of 19.60. Over the past decade, Airports Of Thailand's Cyclically Adjusted PS Ratio has ranged from 7.41 to 26.18. According to the industry distribution chart, Airports Of Thailand ranks #754 out of 761 companies in the Transportation industry, placing it in the top 99.1%.
Is Airports Of Thailand's Cyclically Adjusted PS Ratio too high?
Airports Of Thailand's current Cyclically Adjusted PS Ratio of 17.20 is 12% below median its 10-year median of 19.60. Over the past 10 years, this metric has ranged from a low of 7.41 to a high of 26.18. The Transportation industry median Cyclically Adjusted PS Ratio is 0.93. Airports Of Thailand's value of 17.20 is 1749.5% above this industry median. Based on the distribution chart, Airports Of Thailand ranks #754 out of 761 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Airports Of Thailand has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airports Of Thailand's Cyclically Adjusted PS Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Airports Of Thailand ranks #754 out of 761 companies for Cyclically Adjusted PS Ratio. This places Airports Of Thailand in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.93. Airports Of Thailand's value of 17.20 is 1749.5% above this benchmark. Historically, Airports Of Thailand's own Cyclically Adjusted PS Ratio has ranged from 7.41 to 26.18 over the past decade. While the company's 10-year median is 19.60 vs. the industry median of 0.93, Airports Of Thailand 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.93, based on 761 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. Airports Of Thailand's current Cyclically Adjusted PS Ratio of 17.20 is 1749.5% 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 Airports Of Thailand 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. Airports Of Thailand's current Cyclically Adjusted PS Ratio is 17.20, which is 12% below median its own 10-year median of 19.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports Of Thailand stock overvalued right now?
Based on GuruFocus' analysis, Airports Of Thailand (SGX:TATD) is currently considered Modestly Overvalued. The stock's GF Value™ is S$2.26, compared to a current price of S$2.58 — trading 14.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 17.20, which is 12% below median its 10-year median of 19.60 and 1749.5% above the Transportation industry median of 0.93. Airports Of Thailand's overall GF Score™ is 100/100 with 7 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 Airports Of Thailand (SGX:TATD), the current Cyclically Adjusted PS Ratio is 17.20 as of Aug. 29, 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 Airports Of Thailand (SGX:TATD) Overvalued in 2026?
Based on GuruFocus' analysis, Airports Of Thailand stock appears to be overvalued.
The current stock price of S$2.58 is trading 14.2% above its estimated GF Value™ of S$2.26.
GuruFocus considers Airports Of Thailand to be Modestly Overvalued.
Key valuation signals for SGX:TATD:
Cyclically Adjusted PS Ratio: 17.20 (12% below median its 10-year median of 19.60)
GF Value™: S$2.26 vs. price of S$2.58 (14.2% above fair value)
Industry Position: 1749.5% above the Transportation median (#754 of 761)
No single metric tells the full story. See the SGX:TATD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. The company operates in various business segments such as airport management business, hotel business, ground aviation services, security business, and manages projects on perishable goods. The majority of its revenue is derived from its airport management business under which it generates income mainly from two categories of services: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue is generated from office and state property rents.
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