Thac Mo Hydro Power JSC (STC:TMP) Cyclically Adjusted PS Ratio: 3.81 (As of Jul. 06, 2026) — 27% Below Median


STC:TMP Thac Mo Hydro Power JSC STC:TMP
82 GF Score
Price ₫48,000.00
GF Value ₫60,183.14
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Thac Mo Hydro Power JSC Cyclically Adjusted PS Ratio?

Thac Mo Hydro Power JSC STC:TMP 82 Cyclically Adjusted PS Ratio is 3.81 as of Jul. 06, 2026, which is 27% below its 10-year median of 5.19. GuruFocus rates STC:TMP with a GF Score™ of 82/100 and a GF Value™ of ₫60,183.14 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 270 Utilities - Independent Power Producers companies, Thac Mo Hydro Power JSC ranks worse than 74.81% on this metric.

As of today (2026-07-06), Thac Mo Hydro Power JSC's current share price is ₫48000.00. Thac Mo Hydro Power JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₫12,611.51. Thac Mo Hydro Power JSC's Cyclically Adjusted PS Ratio for today is 3.81.

The historical rank and industry rank for Thac Mo Hydro Power JSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

STC:TMP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.57   Med: 5.19   Max: 6.31
Current: 3.81

During the past years, Thac Mo Hydro Power JSC's highest Cyclically Adjusted PS Ratio was 6.31. The lowest was 3.57. And the median was 5.19.

STC:TMP's Cyclically Adjusted PS Ratio is ranked worse than
74.81% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.705 vs STC:TMP: 3.81

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.

Thac Mo Hydro Power JSC's adjusted revenue per share data for the three months ended in Mar. 2026 was ₫2,280.116. 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 ₫12,611.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thac Mo Hydro Power JSC  (STC:TMP) 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.


Thac Mo Hydro Power JSC Cyclically Adjusted PS Ratio Related Terms


Thac Mo Hydro Power JSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thac Mo Hydro Power JSC'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.

Thac Mo Hydro Power JSC Cyclically Adjusted PS Ratio Chart

Thac Mo Hydro Power JSC 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 5.12 4.43 5.75 5.81 4.87

Thac Mo Hydro Power JSC 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 5.53 5.31 5.09 4.87 4.36

STC:TMP vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Thac Mo Hydro Power JSC'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.


Thac Mo Hydro Power JSC Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Thac Mo Hydro Power JSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Thac Mo Hydro Power JSC's Cyclically Adjusted PS Ratio falls into.


STC:TMP
82GF Score
Thac Mo Hydro Power JSC STC:TMP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thac Mo Hydro Power JSC 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.

Thac Mo Hydro Power JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=48000.00/12611.51
=3.81

* 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.

Thac Mo Hydro Power JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Thac Mo Hydro Power JSC'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)
=2280.116/330.2130*330.2130
=2,280.116

Current CPI (Mar. 2026) = 330.2130.

Thac Mo Hydro Power JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2,024.491 241.018 2,773.707
201609 2,092.949 241.428 2,862.630
201612 1,442.575 241.432 1,973.048
201703 1,901.189 243.801 2,575.040
201706 3,260.628 244.955 4,395.508
201709 2,571.842 246.819 3,440.803
201712 2,267.866 246.524 3,037.752
201803 2,355.518 249.554 3,116.851
201806 3,445.375 251.989 4,514.910
201809 3,153.567 252.439 4,125.150
201812 3,710.256 251.233 4,876.647
201903 1,562.907 254.202 2,030.244
201906 2,057.566 256.143 2,652.561
201909 2,698.576 256.759 3,470.589
201912 3,293.248 256.974 4,231.842
202003 1,267.013 258.115 1,620.922
202006 1,662.230 257.797 2,129.156
202009 1,611.397 260.280 2,044.353
202012 1,790.946 260.474 2,270.452
202103 2,156.412 264.877 2,688.324
202106 2,265.692 271.696 2,753.669
202109 2,885.738 274.310 3,473.837
202112 3,382.502 278.802 4,006.234
202203 3,371.003 287.504 3,871.769
202206 3,314.403 296.311 3,693.616
202209 4,768.664 296.808 5,305.365
202212 3,836.020 296.797 4,267.913
202303 2,809.716 301.836 3,073.870
202306 2,994.112 305.109 3,240.464
202309 3,263.838 307.789 3,501.625
202312 3,132.908 306.746 3,372.585
202403 1,600.911 312.332 1,692.563
202406 2,323.675 314.175 2,442.294
202409 3,657.068 315.301 3,830.027
202412 3,327.333 315.605 3,481.341
202503 1,923.670 319.799 1,986.313
202506 2,656.460 322.561 2,719.478
202509 3,422.327 324.800 3,479.362
202512 2,759.685 324.054 2,812.136
202603 2,280.116 330.213 2,280.116

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 3.81 mean?
Thac Mo Hydro Power JSC (STC:TMP) has a Cyclically Adjusted PS Ratio of 3.81 as of Jul. 06, 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 Thac Mo Hydro Power JSC and its competitors. This is 27% below median its historical median of 5.19. Over the past decade, Thac Mo Hydro Power JSC's Cyclically Adjusted PS Ratio has ranged from 3.57 to 6.31. According to the industry distribution chart, Thac Mo Hydro Power JSC ranks #202 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 74.8%.
Is Thac Mo Hydro Power JSC's Cyclically Adjusted PS Ratio too high?
Thac Mo Hydro Power JSC's current Cyclically Adjusted PS Ratio of 3.81 is 27% below median its 10-year median of 5.19. Over the past 10 years, this metric has ranged from a low of 3.57 to a high of 6.31. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.71. Thac Mo Hydro Power JSC's value of 3.81 is 123.5% above this industry median. Based on the distribution chart, Thac Mo Hydro Power JSC ranks #202 out of 270 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Thac Mo Hydro Power JSC has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thac Mo Hydro Power JSC's Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Thac Mo Hydro Power JSC ranks #202 out of 270 companies for Cyclically Adjusted PS Ratio. This places Thac Mo Hydro Power JSC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Thac Mo Hydro Power JSC's value of 3.81 is 123.5% above this benchmark. Historically, Thac Mo Hydro Power JSC's own Cyclically Adjusted PS Ratio has ranged from 3.57 to 6.31 over the past decade. While the company's 10-year median is 5.19 vs. the industry median of 1.71, Thac Mo Hydro Power JSC 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 - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.71, based on 270 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. Thac Mo Hydro Power JSC's current Cyclically Adjusted PS Ratio of 3.81 is 123.5% 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 Thac Mo Hydro Power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thac Mo Hydro Power JSC's current Cyclically Adjusted PS Ratio is 3.81, which is 27% below median its own 10-year median of 5.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thac Mo Hydro Power JSC stock overvalued right now?
Based on GuruFocus' analysis, Thac Mo Hydro Power JSC (STC:TMP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫60,183.14, compared to a current price of ₫48,000.00 — trading 20.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.81, which is 27% below median its 10-year median of 5.19 and 123.5% above the Utilities - Independent Power Producers industry median of 1.71. Thac Mo Hydro Power JSC's overall GF Score™ is 82/100 with 1 warning sign 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 Thac Mo Hydro Power JSC (STC:TMP), the current Cyclically Adjusted PS Ratio is 3.81 as of Jul. 06, 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 Thac Mo Hydro Power JSC (STC:TMP) Overvalued in 2026?

Based on GuruFocus' analysis, Thac Mo Hydro Power JSC stock appears to be undervalued. The current stock price of ₫48,000.00 is trading 20.2% below its estimated GF Value™ of ₫60,183.14. GuruFocus considers Thac Mo Hydro Power JSC to be Modestly Undervalued.

Key valuation signals for STC:TMP:

  • Cyclically Adjusted PS Ratio: 3.81 (27% below median its 10-year median of 5.19)
  • GF Value™: ₫60,183.14 vs. price of ₫48,000.00 (20.2% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 123.5% above the Utilities - Independent Power Producers median (#202 of 270)

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


Thac Mo Hydro Power JSC Business Description

Address Area 5, Phuoc Long Town, Binh Phuoc Province, Ho Chi Minh City, VNM
Thac Mo Hydro Power JSC is a Vietnam based company engaged in the business activity of generating and trading electricity. It also trades hydroelectrical equipment and maintains and operates a power plant. The other activities in which the organization is involved are investing in power source projects and Consulting on the establishment, management and supervision of construction projects.
82GF Score

Get the complete analysis for STC:TMP

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

₫48,000.00
Price
₫60,183.14
GF Value