Siam Cement PCL (STU:TCM1) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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STU:TCM1 Siam Cement PCL STU:TCM1
75 GF Score
Price €6.80
GF Value €6.00
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Siam Cement PCL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Siam Cement PCL  (STU:TCM1) 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 Cement PCL Cyclically Adjusted PS Ratio Related Terms


Siam Cement PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Siam 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 Cement PCL Cyclically Adjusted PS Ratio Chart

Siam 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 0.90 0.76 0.61 0.38 0.40

Siam Cement 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 0.34 0.48 0.40 0.42 0.49

STU:TCM1 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Siam 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 Cement PCL Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Siam Cement PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:TCM1
75GF Score
Siam Cement PCL STU:TCM1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam 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 Cement PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Siam Cement 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)
=2.997/333.9520*333.9520
=2.997

Current CPI (Jun. 2026) = 333.9520.

Siam Cement PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.250 241.428 3.112
201612 2.175 241.432 3.008
201703 2.589 243.801 3.546
201706 2.402 244.955 3.275
201709 2.390 246.819 3.234
201712 2.436 246.524 3.300
201803 2.541 249.554 3.400
201806 2.640 251.989 3.499
201809 2.661 252.439 3.520
201812 2.608 251.233 3.467
201903 2.608 254.202 3.426
201906 2.559 256.143 3.336
201909 2.693 256.759 3.503
201912 2.640 256.974 3.431
202003 2.556 258.115 3.307
202006 2.272 257.797 2.943
202009 2.298 260.280 2.948
202012 2.222 260.474 2.849
202103 2.788 264.877 3.515
202106 2.946 271.696 3.621
202109 2.830 274.310 3.445
202112 3.116 278.802 3.732
202203 3.427 287.504 3.981
202206 3.471 296.311 3.912
202209 3.236 296.808 3.641
202212 2.744 296.797 3.088
202303 2.946 301.836 3.259
202306 2.769 305.109 3.031
202309 2.738 307.789 2.971
202312 2.621 306.746 2.853
202403 2.676 312.332 2.861
202406 2.704 314.175 2.874
202409 2.792 315.301 2.957
202412 3.000 315.605 3.174
202503 2.900 319.799 3.028
202506 2.767 322.561 2.865
202509 2.689 324.800 2.765
202512 2.804 324.054 2.890
202603 2.778 330.213 2.809
202606 2.997 333.952 2.997

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 Siam Cement PCL (STU:TCM1) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Cement PCL stock appears to be overvalued. The current stock price of €6.80 is trading 13.3% above its estimated GF Value™ of €6.00. GuruFocus considers Siam Cement PCL to be Modestly Overvalued.

Key valuation signals for STU:TCM1:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €6.00 vs. price of €6.80 (13.3% above fair value)
  • GF Score™: 75/100 with 9 warning signs

No single metric tells the full story. See the STU:TCM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Siam Cement PCL Business Description

Address 1 Siam Cement Road, Bangsue, Bangkok, THA, 10800
Siam Cement PCL is a holding company which manufactures and sells a variety of building materials, chemicals, and packaging products. Its segment includes SCG Cement and Green Solutions Business, SCG Smart Living Business and SCG Distribution and Retail Business, SCG Decor (SCGD), Chemicals Business (SCGC), SCGP and Others. Its geographic segments include Thailand, Vietnam, Indonesia, and Others. It generates the majority of its revenue from Thailand.
75GF Score

Get the complete analysis for STU:TCM1

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

€6.80
Price
€6.00
GF Value