Ratch Group PCL (STU:RA5F) Cyclically Adjusted PS Ratio: (As of Sep. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:RA5F Ratch Group PCL STU:RA5F
70 GF Score
Price €0.80
GF Value €0.69
! 10 Warning Signs
View Full Analysis

What is Ratch Group PCL Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ratch Group PCL  (STU:RA5F) 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.


Ratch Group PCL Cyclically Adjusted PS Ratio Related Terms


Ratch Group PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ratch Group 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.

Ratch Group PCL Cyclically Adjusted PS Ratio Chart

Ratch Group 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 1.25 1.22 0.92 0.94 1.01

Ratch Group 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 0.79 0.86 1.01 1.04 1.10

STU:RA5F vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Ratch Group 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.


Ratch Group PCL Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ratch Group PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:RA5F
70GF Score
Ratch Group PCL STU:RA5F
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ratch Group 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.

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

For example, Ratch Group 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)
=0.142/333.9520*333.9520
=0.142

Current CPI (Jun. 2026) = 333.9520.

Ratch Group PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.182 241.428 0.252
201612 0.182 241.432 0.252
201703 0.169 243.801 0.231
201706 0.182 244.955 0.248
201709 0.179 246.819 0.242
201712 0.168 246.524 0.228
201803 0.150 249.554 0.201
201806 0.181 251.989 0.240
201809 0.194 252.439 0.257
201812 0.141 251.233 0.187
201903 0.178 254.202 0.234
201906 0.197 256.143 0.257
201909 0.167 256.759 0.217
201912 0.167 256.974 0.217
202003 0.174 258.115 0.225
202006 0.159 257.797 0.206
202009 0.144 260.280 0.185
202012 0.132 260.474 0.169
202103 0.124 264.877 0.156
202106 0.157 271.696 0.193
202109 0.163 274.310 0.198
202112 0.173 278.802 0.207
202203 0.319 287.504 0.371
202206 0.242 296.311 0.273
202209 0.333 296.808 0.375
202212 0.239 296.797 0.269
202303 0.190 301.836 0.210
202306 0.134 305.109 0.147
202309 0.113 307.789 0.123
202312 0.097 306.746 0.106
202403 0.112 312.332 0.120
202406 0.095 314.175 0.101
202409 0.111 315.301 0.118
202412 0.085 315.605 0.090
202503 0.067 319.799 0.070
202506 0.076 322.561 0.079
202509 0.066 324.800 0.068
202512 0.126 324.054 0.130
202603 0.132 330.213 0.133
202606 0.142 333.952 0.142

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 Ratch Group PCL (STU:RA5F) Overvalued in 2026?

Based on GuruFocus' analysis, Ratch Group PCL stock appears to be overvalued. The current stock price of €0.80 is trading 15.2% above its estimated GF Value™ of €0.69.

Key valuation signals for STU:RA5F:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.69 vs. price of €0.80 (15.2% above fair value)
  • GF Score™: 70/100 with 10 warning signs

No single metric tells the full story. See the STU:RA5F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ratch Group PCL Business Description

Other Exchanges RATCH:Thailand
Address 72 Ngamwongwan Road, Muang Nonthaburi, Bangkhen, Nonthaburi, THA, 11000
Ratch Group PCL is a Thailand-based holding company. The Company's principal businesses are investing in companies whose objectives are to generate and sell electricity and develop power energy projects and infrastructure projects. The Group has four operating segments: Domestic Electricity Generating, Domestic Renewable Energy, International Power Projects, and Domestic Related Business & Infrastructure. The majority of revenue is from the domestic electricity-generating segment. Geographically, the majority of income is from Thailand. Its investment is mainly focused on fossil fuel power generation projects, renewable projects, and businesses adjacent to electricity generation and energy both in Thailand & internationally.
70GF Score

Get the complete analysis for STU:RA5F

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

€0.80
Price
€0.69
GF Value