Siam City Cement PCL (SGX:TSCD) Cyclically Adjusted PS Ratio: 0.92 (As of Aug. 01, 2026) — Near Median

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SGX:TSCD Siam City Cement PCL SGX:TSCD
39 GF Score
Price S$0.98
GF Value S$0.90
Valuation Fairly Valued
! 4 Warning Signs
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What is Siam City Cement PCL Cyclically Adjusted PS Ratio?

Siam City Cement PCL SGX:TSCD 39 Cyclically Adjusted PS Ratio is 0.92 as of Aug. 01, 2026, which is 2% below its 10-year median of 0.94. GuruFocus rates SGX:TSCD with a GF Score™ of 39/100 and a GF Value™ of S$0.90 (Fairly Valued). The stock has 4 warning signs investors should review. Among 323 Building Materials companies, Siam City Cement PCL ranks better than 57.28% on this metric.

As of today (2026-08-01), Siam City Cement PCL's current share price is S$0.98. Siam City Cement PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was S$1.07. Siam City Cement PCL's Cyclically Adjusted PS Ratio for today is 0.92.

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

SGX:TSCD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 0.94   Max: 2.62
Current: 0.81

During the past years, Siam City Cement PCL's highest Cyclically Adjusted PS Ratio was 2.62. The lowest was 0.74. And the median was 0.94.

SGX:TSCD's Cyclically Adjusted PS Ratio is ranked better than
57.28% of 323 companies
in the Building Materials industry
Industry Median: 1 vs SGX:TSCD: 0.81

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.

Siam City Cement PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was S$0.180. 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$1.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siam City Cement PCL  (SGX:TSCD) 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.


Siam City Cement PCL Cyclically Adjusted PS Ratio Related Terms


Siam City Cement PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Siam City Cement 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.

Siam City Cement PCL Cyclically Adjusted PS Ratio Chart

Siam City Cement 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 0.99 0.90 0.78 0.93 0.79

Siam City Cement 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 0.89 0.79 0.82 0.79 0.75

SGX:TSCD vs CRH, VMC, MLM: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, Siam City Cement 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.


Siam City Cement PCL Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Siam City Cement PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SGX:TSCD
39GF Score
Siam City Cement PCL SGX:TSCD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siam City Cement 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.

Siam City Cement PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.98/1.07
=0.92

* 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.

Siam City Cement PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Siam City Cement 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)
=0.18/330.2130*330.2130
=0.180

Current CPI (Mar. 2026) = 330.2130.

Siam City Cement PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.126 241.018 0.173
201609 0.144 241.428 0.197
201612 0.152 241.432 0.208
201703 0.180 243.801 0.244
201706 0.164 244.955 0.221
201709 0.151 246.819 0.202
201712 0.154 246.524 0.206
201803 0.154 249.554 0.204
201806 0.155 251.989 0.203
201809 0.166 252.439 0.217
201812 0.155 251.233 0.204
201903 0.170 254.202 0.221
201906 0.175 256.143 0.226
201909 0.181 256.759 0.233
201912 0.179 256.974 0.230
202003 0.163 258.115 0.209
202006 0.153 257.797 0.196
202009 0.152 260.280 0.193
202012 0.155 260.474 0.196
202103 0.152 264.877 0.189
202106 0.143 271.696 0.174
202109 0.121 274.310 0.146
202112 0.169 278.802 0.200
202203 0.172 287.504 0.198
202206 0.170 296.311 0.189
202209 0.158 296.808 0.176
202212 0.162 296.797 0.180
202303 0.148 301.836 0.162
202306 0.142 305.109 0.154
202309 0.131 307.789 0.141
202312 0.123 306.746 0.132
202403 0.126 312.332 0.133
202406 0.123 314.175 0.129
202409 0.128 315.301 0.134
202412 0.186 315.605 0.195
202503 0.184 319.799 0.190
202506 0.181 322.561 0.185
202509 0.178 324.800 0.181
202512 0.184 324.054 0.187
202603 0.180 330.213 0.180

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 0.92 mean?
Siam City Cement PCL (SGX:TSCD) has a Cyclically Adjusted PS Ratio of 0.92 as of Aug. 01, 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 Siam City Cement PCL and its competitors. This is near median its historical median of 0.94. Over the past decade, Siam City Cement PCL's Cyclically Adjusted PS Ratio has ranged from 0.74 to 2.62. According to the industry distribution chart, Siam City Cement PCL ranks #138 out of 323 companies in the Building Materials industry, placing it in the top 42.7%.
Is Siam City Cement PCL's Cyclically Adjusted PS Ratio too high?
Siam City Cement PCL's current Cyclically Adjusted PS Ratio of 0.92 is near median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 2.62. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.00. Siam City Cement PCL's value of 0.92 is 8% below this industry median. Based on the distribution chart, Siam City Cement PCL ranks #138 out of 323 companies in the Building Materials industry, which is above the industry midpoint. Overall, Siam City Cement PCL has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siam City Cement PCL's Cyclically Adjusted PS Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Siam City Cement PCL ranks #138 out of 323 companies for Cyclically Adjusted PS Ratio. This puts Siam City Cement PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.00. Siam City Cement PCL's value of 0.92 is 8% below this benchmark. Historically, Siam City Cement PCL's own Cyclically Adjusted PS Ratio has ranged from 0.74 to 2.62 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.00, Siam City Cement PCL 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 Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.00, based on 323 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. Siam City Cement PCL's current Cyclically Adjusted PS Ratio of 0.92 is 8% 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 Siam City Cement PCL and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam City Cement PCL's current Cyclically Adjusted PS Ratio is 0.92, which is near median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam City Cement PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam City Cement PCL (SGX:TSCD) is currently considered Fairly Valued. The stock's GF Value™ is S$0.90, compared to a current price of S$0.98 — trading 8.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.92, which is near median its 10-year median of 0.94 and 8% below the Building Materials industry median of 1.00. Siam City Cement PCL's overall GF Score™ is 39/100 with 4 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 Siam City Cement PCL (SGX:TSCD), the current Cyclically Adjusted PS Ratio is 0.92 as of Aug. 01, 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 Siam City Cement PCL (SGX:TSCD) Overvalued in 2026?

Based on GuruFocus' analysis, Siam City Cement PCL stock appears to be overvalued. The current stock price of S$0.98 is trading 8.9% above its estimated GF Value™ of S$0.90. GuruFocus considers Siam City Cement PCL to be Fairly Valued.

Key valuation signals for SGX:TSCD:

  • Cyclically Adjusted PS Ratio: 0.92 (near median its 10-year median of 0.94)
  • GF Value™: S$0.90 vs. price of S$0.98 (8.9% above fair value)
  • GF Score™: 39/100 with 4 warning signs
  • Industry Position: 8% below the Building Materials median (#138 of 323)

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


Siam City Cement PCL Business Description

Other Exchanges SCCC:Thailand
Address Ratchadapisek Road, 199, 3rd, 10th - 12th Floor, Column Tower, Klongtoey, Bangkok, THA, 10110
Siam City Cement PCL is a Thailand-based company that produces cement-based building materials, wood replacement products, and lightweight concrete blocks through its subsidiaries. The company is composed of five segments: Cement, Concrete & Aggregate, Waste management and Industrial services, Light Building Materials, and Energy. It generates the majority of its revenue from the Cement segment. It sells various cement types, namely Portland, Hydraulic, Mixed, and Masonry, that serve various building, bricklaying, and plastering purposes.
39GF Score

Get the complete analysis for SGX:TSCD

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

S$0.98
Price
S$0.90
GF Value