TRAYF (Thai Rayon PCL) Cyclically Adjusted PS Ratio: (As of Aug. 26, 2026)

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TRAYF Thai Rayon PCL TRAYF
12 GF Score
Price $1.70
GF Value $2.77
! 4 Warning Signs
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What is Thai Rayon 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


Thai Rayon PCL  (OTCPK:TRAYF) 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.


Thai Rayon PCL Cyclically Adjusted PS Ratio Related Terms


Thai Rayon PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thai Rayon 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.

Thai Rayon PCL Cyclically Adjusted PS Ratio Chart

Thai Rayon PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.88 0.79 0.62 0.50

Thai Rayon 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 0.55 0.49 0.50 0.50 0.50

Thai Rayon PCL Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Thai Rayon 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.


Thai Rayon PCL Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Rayon PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TRAYF
12GF Score
Thai Rayon PCL TRAYF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Rayon 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.

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

For example, Thai Rayon 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)
=0.318/333.9520*333.9520
=0.318

Current CPI (Jun. 2026) = 333.9520.

Thai Rayon PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.379 241.428 0.524
201612 0.290 241.432 0.401
201703 0.276 243.801 0.378
201706 0.402 244.955 0.548
201709 0.358 246.819 0.484
201712 0.359 246.524 0.486
201803 0.401 249.554 0.537
201806 0.365 251.989 0.484
201809 0.370 252.439 0.489
201812 0.357 251.233 0.475
201903 0.345 254.202 0.453
201906 0.319 256.143 0.416
201909 0.327 256.759 0.425
201912 0.270 256.974 0.351
202003 0.264 258.115 0.342
202006 0.199 257.797 0.258
202009 0.211 260.280 0.271
202012 0.232 260.474 0.297
202103 0.325 264.877 0.410
202106 0.385 271.696 0.473
202109 0.352 274.310 0.429
202112 0.413 278.802 0.495
202203 0.442 287.504 0.513
202206 0.451 296.311 0.508
202209 0.307 296.808 0.345
202212 0.170 296.797 0.191
202303 0.239 301.836 0.264
202306 0.336 305.109 0.368
202309 0.330 307.789 0.358
202312 0.329 306.746 0.358
202403 0.309 312.332 0.330
202406 0.339 314.175 0.360
202409 0.377 315.301 0.399
202412 0.376 315.605 0.398
202503 0.376 319.799 0.393
202506 0.353 322.561 0.365
202509 0.329 324.800 0.338
202512 0.320 324.054 0.330
202603 0.318 330.213 0.322
202606 0.318 333.952 0.318

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 Thai Rayon PCL (TRAYF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Rayon PCL stock appears to be undervalued. The current stock price of $1.70 is trading 38.6% below its estimated GF Value™ of $2.77.

Key valuation signals for TRAYF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $2.77 vs. price of $1.70 (38.6% below fair value)
  • GF Score™: 12/100 with 4 warning signs

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


Thai Rayon PCL Business Description

Address Ploenchit Road, 16th Floor, 888/160-1 Mahatun Plaza Building, Lumpini, Pathumwan, Bangkok, THA, 10330
Thai Rayon PCL is a company based in Thailand that mainly manufactures viscose rayon staple fiber and anhydrous sodium sulphate for sale in domestic and export markets. The company also produces anhydrous sodium sulphate as a by-product, which is widely used in Thailand by detergent, pulp, glass, leather, and textile industries. Thai Rayon has made investments in backward and forward integration projects in Thailand, Indonesia, Laos, China, and Canada, as well as various diversification projects in Thailand and overseas. The company's operations focus on a single industry segment, which is the manufacturing and distribution of viscose rayon staple fiber and by-products for both domestic and export markets.
12GF Score

Get the complete analysis for TRAYF

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

$1.70
Price
$2.77
GF Value