Siam Cement PCL (STU:TCM1) Cyclically Adjusted PS Ratio: 0.52 (As of Aug. 04, 2026) — 42% Below Median

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STU:TCM1 Siam Cement PCL STU:TCM1
75 GF Score
Price €6.45
GF Value €6.03
Valuation Fairly Valued
! 9 Warning Signs
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What is Siam Cement PCL Cyclically Adjusted PS Ratio?

Siam Cement PCL STU:TCM1 -3.01% 75 Cyclically Adjusted PS Ratio is 0.52 as of Aug. 04, 2026, which is 42% below its 10-year median of 0.89. GuruFocus rates STU:TCM1 with a GF Score™ of 75/100 and a GF Value™ of €6.03 (Fairly Valued). The stock has 9 warning signs investors should review. Among 471 Conglomerates companies, Siam Cement PCL ranks better than 59.87% on this metric.

As of today (2026-08-04), Siam Cement PCL's current share price is €6.45. Siam Cement PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €12.46. Siam Cement PCL's Cyclically Adjusted PS Ratio for today is 0.52.

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

STU:TCM1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.89   Max: 1.61
Current: 0.53

During the past years, Siam Cement PCL's highest Cyclically Adjusted PS Ratio was 1.61. The lowest was 0.27. And the median was 0.89.

STU:TCM1's Cyclically Adjusted PS Ratio is ranked better than
59.87% of 471 companies
in the Conglomerates industry
Industry Median: 0.77 vs STU:TCM1: 0.53

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 Cement PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.758. 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 €12.46 for the trailing ten years ended in Mar. 2026.

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 0.91 0.75 0.66 0.36 0.39

Siam 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 0.33 0.36 0.49 0.39 0.43

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.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.45/12.46
=0.52

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

For example, Siam 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)
=2.758/330.2130*330.2130
=2.758

Current CPI (Mar. 2026) = 330.2130.

Siam Cement PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.290 241.018 3.137
201609 2.245 241.428 3.071
201612 2.200 241.432 3.009
201703 2.598 243.801 3.519
201706 2.375 244.955 3.202
201709 2.372 246.819 3.173
201712 2.448 246.524 3.279
201803 2.557 249.554 3.383
201806 2.645 251.989 3.466
201809 2.686 252.439 3.514
201812 2.625 251.233 3.450
201903 2.612 254.202 3.393
201906 2.587 256.143 3.335
201909 2.732 256.759 3.514
201912 2.637 256.974 3.389
202003 2.485 258.115 3.179
202006 2.281 257.797 2.922
202009 2.277 260.280 2.889
202012 2.213 260.474 2.806
202103 2.775 264.877 3.459
202106 2.938 271.696 3.571
202109 2.821 274.310 3.396
202112 3.134 278.802 3.712
202203 3.471 287.504 3.987
202206 3.442 296.311 3.836
202209 3.239 296.808 3.604
202212 2.764 296.797 3.075
202303 2.907 301.836 3.180
202306 2.748 305.109 2.974
202309 2.728 307.789 2.927
202312 2.635 306.746 2.837
202403 2.649 312.332 2.801
202406 2.704 314.175 2.842
202409 2.889 315.301 3.026
202412 3.034 315.605 3.174
202503 2.852 319.799 2.945
202506 2.765 322.561 2.831
202509 2.717 324.800 2.762
202512 2.840 324.054 2.894
202603 2.758 330.213 2.758

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 0.52 mean?
Siam Cement PCL (STU:TCM1) has a Cyclically Adjusted PS Ratio of 0.52 as of Aug. 04, 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 Cement PCL and its competitors. This is 42% below median its historical median of 0.89. Over the past decade, Siam Cement PCL's Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.61. According to the industry distribution chart, Siam Cement PCL ranks #189 out of 471 companies in the Conglomerates industry, placing it in the top 40.1%.
Is Siam Cement PCL's Cyclically Adjusted PS Ratio too high?
Siam Cement PCL's current Cyclically Adjusted PS Ratio of 0.52 is 42% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.61. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.77. Siam Cement PCL's value of 0.52 is 32.5% below this industry median. Based on the distribution chart, Siam Cement PCL ranks #189 out of 471 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Siam Cement PCL has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siam Cement PCL's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Siam Cement PCL ranks #189 out of 471 companies for Cyclically Adjusted PS Ratio. This puts Siam Cement PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Siam Cement PCL's value of 0.52 is 32.5% below this benchmark. Historically, Siam Cement PCL's own Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.61 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.77, Siam 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.77, based on 471 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 Cement PCL's current Cyclically Adjusted PS Ratio of 0.52 is 32.5% 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 Cement PCL and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Cement PCL's current Cyclically Adjusted PS Ratio is 0.52, which is 42% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Cement PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Cement PCL (STU:TCM1) is currently considered Fairly Valued. The stock's GF Value™ is €6.03, compared to a current price of €6.45 — trading 7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.52, which is 42% below median its 10-year median of 0.89 and 32.5% below the Conglomerates industry median of 0.77. Siam Cement PCL's overall GF Score™ is 75/100 with 9 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 Cement PCL (STU:TCM1), the current Cyclically Adjusted PS Ratio is 0.52 as of Aug. 04, 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 Cement PCL (STU:TCM1) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Cement PCL stock appears to be overvalued. The current stock price of €6.45 is trading 7% above its estimated GF Value™ of €6.03. GuruFocus considers Siam Cement PCL to be Fairly Valued.

Key valuation signals for STU:TCM1:

  • Cyclically Adjusted PS Ratio: 0.52 (42% below median its 10-year median of 0.89)
  • GF Value™: €6.03 vs. price of €6.45 (7% above fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 32.5% below the Conglomerates median (#189 of 471)

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.

€6.45
Price
€6.03
GF Value