TMBBY (TMBThanachart Bank PCL) Cyclically Adjusted PS Ratio: 2.39 (As of Jul. 09, 2026) — 25% Above Median


TMBBY TMBThanachart Bank PCL TMBBY
52 GF Score
Price $9.05
GF Value $6.12
! 8 Warning Signs
View Full Analysis

What is TMBThanachart Bank PCL Cyclically Adjusted PS Ratio?

TMBThanachart Bank PCL TMBBY 52 Cyclically Adjusted PS Ratio is 2.39 as of Jul. 09, 2026, which is 25% above its 10-year median of 1.91. GuruFocus rates TMBBY with a GF Scoreâ„¢ of 52/100 and a GF Valueâ„¢ of $6.12. The stock has 8 warning signs investors should review. Among 1,301 Banks companies, TMBThanachart Bank PCL ranks better than 63.34% on this metric.

As of today (2026-07-09), TMBThanachart Bank PCL's current share price is $9.05. TMBThanachart Bank PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $3.78. TMBThanachart Bank PCL's Cyclically Adjusted PS Ratio for today is 2.39.

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

TMBBY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.91   Max: 4.32
Current: 2.67

During the past years, TMBThanachart Bank PCL's highest Cyclically Adjusted PS Ratio was 4.32. The lowest was 1.04. And the median was 1.91.

TMBBY's Cyclically Adjusted PS Ratio is ranked better than
63.34% of 1301 companies
in the Banks industry
Industry Median: 3.29 vs TMBBY: 2.67

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.

TMBThanachart Bank PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.389. 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 $3.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TMBThanachart Bank PCL  (OTCPK:TMBBY) 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.


TMBThanachart Bank PCL Cyclically Adjusted PS Ratio Related Terms


TMBThanachart Bank PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TMBThanachart Bank 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.

TMBThanachart Bank PCL Cyclically Adjusted PS Ratio Chart

TMBThanachart Bank 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 1.71 1.54 1.78 1.95 2.13

TMBThanachart Bank 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 2.04 1.97 1.98 2.13 2.40

TMBThanachart Bank PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, TMBThanachart Bank 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.


TMBThanachart Bank PCL Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, TMBThanachart Bank PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TMBBY
52GF Score
TMBThanachart Bank PCL TMBBY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TMBThanachart Bank 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.

TMBThanachart Bank PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.05/3.78
=2.39

* 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.

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

For example, TMBThanachart Bank 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)
=1.389/330.2130*330.2130
=1.389

Current CPI (Mar. 2026) = 330.2130.

TMBThanachart Bank PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.371 241.018 1.878
201609 1.346 241.428 1.841
201612 1.790 241.432 2.448
201703 1.331 243.801 1.803
201706 1.567 244.955 2.112
201709 1.475 246.819 1.973
201712 3.036 246.524 4.067
201803 1.565 249.554 2.071
201806 1.595 251.989 2.090
201809 3.299 252.439 4.315
201812 -0.016 251.233 -0.021
201903 1.389 254.202 1.804
201906 1.757 256.143 2.265
201909 1.923 256.759 2.473
201912 1.970 256.974 2.531
202003 1.458 258.115 1.865
202006 1.305 257.797 1.672
202009 1.332 260.280 1.690
202012 1.732 260.474 2.196
202103 1.432 264.877 1.785
202106 1.314 271.696 1.597
202109 1.226 274.310 1.476
202112 1.416 278.802 1.677
202203 1.218 287.504 1.399
202206 1.172 296.311 1.306
202209 1.124 296.808 1.251
202212 1.562 296.797 1.738
202303 1.254 301.836 1.372
202306 1.304 305.109 1.411
202309 1.283 307.789 1.376
202312 1.814 306.746 1.953
202403 1.256 312.332 1.328
202406 1.209 314.175 1.271
202409 1.327 315.301 1.390
202412 1.878 315.605 1.965
202503 1.252 319.799 1.293
202506 1.299 322.561 1.330
202509 1.320 324.800 1.342
202512 1.878 324.054 1.914
202603 1.389 330.213 1.389

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 2.39 mean?
TMBThanachart Bank PCL (TMBBY) has a Cyclically Adjusted PS Ratio of 2.39 as of Jul. 09, 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 TMBThanachart Bank PCL and its competitors. This is 25% above median its historical median of 1.91. Over the past decade, TMBThanachart Bank PCL's Cyclically Adjusted PS Ratio has ranged from 1.04 to 4.32. According to the industry distribution chart, TMBThanachart Bank PCL ranks #477 out of 1301 companies in the Banks industry, placing it in the top 36.7%.
Is TMBThanachart Bank PCL's Cyclically Adjusted PS Ratio too high?
TMBThanachart Bank PCL's current Cyclically Adjusted PS Ratio of 2.39 is 25% above median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 4.32. The Banks industry median Cyclically Adjusted PS Ratio is 3.29. TMBThanachart Bank PCL's value of 2.39 is 27.4% below this industry median. Based on the distribution chart, TMBThanachart Bank PCL ranks #477 out of 1301 companies in the Banks industry, which is above the industry midpoint. Overall, TMBThanachart Bank PCL has a GF Scoreâ„¢ of 52/100, reflecting its overall financial health beyond just this single metric.
How does TMBThanachart Bank PCL's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, TMBThanachart Bank PCL ranks #477 out of 1301 companies for Cyclically Adjusted PS Ratio. This puts TMBThanachart Bank PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.29. TMBThanachart Bank PCL's value of 2.39 is 27.4% below this benchmark. Historically, TMBThanachart Bank PCL's own Cyclically Adjusted PS Ratio has ranged from 1.04 to 4.32 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 3.29, TMBThanachart Bank 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.29, based on 1,301 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. TMBThanachart Bank PCL's current Cyclically Adjusted PS Ratio of 2.39 is 27.4% 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 TMBThanachart Bank PCL and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMBThanachart Bank PCL's current Cyclically Adjusted PS Ratio is 2.39, which is 25% above median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMBThanachart Bank PCL stock overvalued right now?
TMBThanachart Bank PCL (TMBBY) has a current Cyclically Adjusted PS Ratio of 2.39. The stock's GF Value™ is $6.12, compared to a current price of $9.05 — trading 47.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.39, which is 25% above median its 10-year median of 1.91 and 27.4% below the Banks industry median of 3.29. TMBThanachart Bank PCL's overall GF Score™ is 52/100 with 8 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 TMBThanachart Bank PCL (TMBBY), the current Cyclically Adjusted PS Ratio is 2.39 as of Jul. 09, 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 TMBThanachart Bank PCL (TMBBY) Overvalued in 2026?

Based on GuruFocus' analysis, TMBThanachart Bank PCL stock appears to be overvalued. The current stock price of $9.05 is trading 47.9% above its estimated GF Value™ of $6.12.

Key valuation signals for TMBBY:

  • Cyclically Adjusted PS Ratio: 2.39 (25% above median its 10-year median of 1.91)
  • GF Value™: $6.12 vs. price of $9.05 (47.9% above fair value)
  • GF Score™: 52/100 with 8 warning signs
  • Industry Position: 27.4% below the Banks median (#477 of 1301)

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


TMBThanachart Bank PCL Business Description

Address 3000 Phahonyothin Road, Khwang Chomphon, Khet Chatuchak, Bangkok, THA, 10900
TMBThanachart Bank PCL is a Thailand-based company that is principally engaged in banking. The company operates in two reportable segments retail and commercial banking. Retail banking provides customers with services such as deposits, loans, and credit cards. Commercial banking provides lending, deposit, and management services to wholesale, small, and midsize businesses. The company has maximum revenue from Retail Banking. The company's business operations are concentrated in Thailand.
52GF Score

Get the complete analysis for TMBBY

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

$9.05
Price
$6.12
GF Value