Areeya Property PCL (BKK:A) Cyclically Adjusted Revenue per Share: ฿4.09 (As of Mar. 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.

BKK:A Areeya Property PCL BKK:A
21 GF Score
Price ฿2.72
GF Value ฿1.40
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Areeya Property PCL Cyclically Adjusted Revenue per Share?

Areeya Property PCL BKK:A 21 Cyclically Adjusted Revenue per Share is ฿4.09 as of Mar. 2026. GuruFocus rates BKK:A with a GF Score™ of 21/100 and a GF Value™ of ฿1.40 (Significantly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Areeya Property PCL's adjusted revenue per share for the three months ended in Mar. 2026 was ฿0.127. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ฿4.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Areeya Property PCL's average Cyclically Adjusted Revenue Growth Rate was -13.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Areeya Property PCL was 7.80% per year. The lowest was -3.40% per year. And the median was 4.20% per year.

As of today (2026-07-29), Areeya Property PCL's current stock price is ฿2.72. Areeya Property PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿4.09. Areeya Property PCL's Cyclically Adjusted PS Ratio of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Areeya Property PCL was 1.80. The lowest was 0.66. And the median was 1.17.


Areeya Property PCL  (BKK:A) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Areeya Property PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.72/4.09
=0.67

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Areeya Property PCL was 1.80. The lowest was 0.66. And the median was 1.17.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Areeya Property PCL Cyclically Adjusted Revenue per Share Related Terms


Areeya Property PCL Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Areeya Property PCL's Cyclically Adjusted Revenue per Share 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.

Areeya Property PCL Cyclically Adjusted Revenue per Share Chart

Areeya Property PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 4.61 4.78 4.72 4.16

Areeya Property 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 Revenue per Share 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 4.70 4.59 4.35 4.16 4.09

Areeya Property PCL Cyclically Adjusted Revenue per Share Competitor Comparison

For the Real Estate - Development subindustry, Areeya Property 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.


Areeya Property PCL Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Areeya Property PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:A
21GF Score
Areeya Property PCL BKK:A
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Areeya Property PCL Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Areeya Property 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)
=0.127/330.2130*330.2130
=0.127

Current CPI (Mar. 2026) = 330.2130.

Areeya Property PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.241 241.018 1.700
201609 1.262 241.428 1.726
201612 1.082 241.432 1.480
201703 1.155 243.801 1.564
201706 1.095 244.955 1.476
201709 1.419 246.819 1.898
201712 1.391 246.524 1.863
201803 1.069 249.554 1.415
201806 0.972 251.989 1.274
201809 1.039 252.439 1.359
201812 0.929 251.233 1.221
201903 0.831 254.202 1.079
201906 0.794 256.143 1.024
201909 0.691 256.759 0.889
201912 0.612 256.974 0.786
202003 0.896 258.115 1.146
202006 1.074 257.797 1.376
202009 3.035 260.280 3.850
202012 0.750 260.474 0.951
202103 0.933 264.877 1.163
202106 0.771 271.696 0.937
202109 0.686 274.310 0.826
202112 0.843 278.802 0.998
202203 0.976 287.504 1.121
202206 0.902 296.311 1.005
202209 0.707 296.808 0.787
202212 0.723 296.797 0.804
202303 0.658 301.836 0.720
202306 0.591 305.109 0.640
202309 0.916 307.789 0.983
202312 0.528 306.746 0.568
202403 0.377 312.332 0.399
202406 0.502 314.175 0.528
202409 0.279 315.301 0.292
202412 0.222 315.605 0.232
202503 0.295 319.799 0.305
202506 0.222 322.561 0.227
202509 0.085 324.800 0.086
202512 0.084 324.054 0.086
202603 0.127 330.213 0.127

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of ฿4.09 mean?
Areeya Property PCL (BKK:A) has a Cyclically Adjusted Revenue per Share of ฿4.09 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Areeya Property PCL and its competitors.
Is Areeya Property PCL's Cyclically Adjusted Revenue per Share too high?
Areeya Property PCL's current Cyclically Adjusted Revenue per Share is ฿4.09. Overall, Areeya Property PCL has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Areeya Property PCL's Cyclically Adjusted Revenue per Share compare to competitors?
Areeya Property PCL's Cyclically Adjusted Revenue per Share of ฿4.09 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Real Estate company?
A good Cyclically Adjusted Revenue per Share depends on the Real Estate industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Areeya Property PCL and its competitors. Areeya Property PCL's current Cyclically Adjusted Revenue per Share is ฿4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Areeya Property PCL stock overvalued right now?
Based on GuruFocus' analysis, Areeya Property PCL (BKK:A) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.40, compared to a current price of ฿2.72 — trading 94.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ฿4.09. Areeya Property PCL's overall GF Score™ is 21/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Areeya Property PCL (BKK:A), the current Cyclically Adjusted Revenue per Share is ฿4.09 as of Mar. 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 Areeya Property PCL (BKK:A) Overvalued in 2026?

Based on GuruFocus' analysis, Areeya Property PCL stock appears to be overvalued. The current stock price of ฿2.72 is trading 94.3% above its estimated GF Value™ of ฿1.40. GuruFocus considers Areeya Property PCL to be Significantly Overvalued.

Key valuation signals for BKK:A:

  • Cyclically Adjusted Revenue per Share: ฿4.09
  • GF Value™: ฿1.40 vs. price of ฿2.72 (94.3% above fair value)
  • GF Score™: 21/100 with 8 warning signs

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


Areeya Property PCL Business Description

Address 999 Praditmanutham Road, Kwaeng Saphansong, Khet Wangthonglang, Bangkok, THA, 10310
Areeya Property PCL is a real estate company. The company is engaged in the development of real estate projects, with all projects operated under the name of Areeya. Its projects include single houses, village towns, townhomes, home offices, and condominiums. The company operates solely in Thailand.
21GF Score

Get the complete analysis for BKK:A

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

฿2.72
Price
฿1.40
GF Value