Bangkok Aviation Fuel Services PCL (BKK:BAFS) Cyclically Adjusted Revenue per Share: ฿5.74 (As of Mar. 2026)


BKK:BAFS Bangkok Aviation Fuel Services PCL BKK:BAFS
75 GF Score
Price ฿10.60
GF Value ฿15.69
Valuation Possible Value Trap
! 10 Warning Signs
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What is Bangkok Aviation Fuel Services PCL Cyclically Adjusted Revenue per Share?

Bangkok Aviation Fuel Services PCL BKK:BAFS 75 Cyclically Adjusted Revenue per Share is ฿5.74 as of Mar. 2026. GuruFocus rates BKK:BAFS with a GF Score™ of 75/100 and a GF Value™ of ฿15.69 (Possible Value Trap). The stock has 10 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.

Bangkok Aviation Fuel Services PCL's adjusted revenue per share for the three months ended in Mar. 2026 was ฿1.493. 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 ฿5.74 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bangkok Aviation Fuel Services PCL's average Cyclically Adjusted Revenue Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% 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 Bangkok Aviation Fuel Services PCL was 5.50% per year. The lowest was 1.10% per year. And the median was 3.00% per year.

As of today (2026-07-07), Bangkok Aviation Fuel Services PCL's current stock price is ฿10.60. Bangkok Aviation Fuel Services PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿5.74. Bangkok Aviation Fuel Services PCL's Cyclically Adjusted PS Ratio of today is 1.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bangkok Aviation Fuel Services PCL was 10.82. The lowest was 1.22. And the median was 5.24.


Bangkok Aviation Fuel Services PCL  (BKK:BAFS) 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.

Bangkok Aviation Fuel Services PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.60/5.74
=1.85

* 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 Bangkok Aviation Fuel Services PCL was 10.82. The lowest was 1.22. And the median was 5.24.


Be Aware

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


Bangkok Aviation Fuel Services PCL Cyclically Adjusted Revenue per Share Related Terms


Bangkok Aviation Fuel Services PCL Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Bangkok Aviation Fuel Services 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.

Bangkok Aviation Fuel Services PCL Cyclically Adjusted Revenue per Share Chart

Bangkok Aviation Fuel Services 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 5.29 5.50 5.59 5.67 5.68

Bangkok Aviation Fuel Services 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 5.72 5.73 5.74 5.68 5.74

BKK:BAFS vs JOBY, CAAP: Cyclically Adjusted Revenue per Share Comparison

For the Airports & Air Services subindustry, Bangkok Aviation Fuel Services 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.


Bangkok Aviation Fuel Services PCL Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Bangkok Aviation Fuel Services PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bangkok Aviation Fuel Services PCL's Cyclically Adjusted PS Ratio falls into.


BKK:BAFS
75GF Score
Bangkok Aviation Fuel Services PCL BKK:BAFS
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangkok Aviation Fuel Services 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, Bangkok Aviation Fuel Services 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)
=1.493/330.2130*330.2130
=1.493

Current CPI (Mar. 2026) = 330.2130.

Bangkok Aviation Fuel Services PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.348 241.018 1.847
201609 1.369 241.428 1.872
201612 1.431 241.432 1.957
201703 1.462 243.801 1.980
201706 1.345 244.955 1.813
201709 1.373 246.819 1.837
201712 1.415 246.524 1.895
201803 1.527 249.554 2.021
201806 1.430 251.989 1.874
201809 1.464 252.439 1.915
201812 1.486 251.233 1.953
201903 1.580 254.202 2.052
201906 1.479 256.143 1.907
201909 1.469 256.759 1.889
201912 1.568 256.974 2.015
202003 1.334 258.115 1.707
202006 0.338 257.797 0.433
202009 0.511 260.280 0.648
202012 0.631 260.474 0.800
202103 0.583 264.877 0.727
202106 0.644 271.696 0.783
202109 0.569 274.310 0.685
202112 0.733 278.802 0.868
202203 0.710 287.504 0.815
202206 0.791 296.311 0.882
202209 0.914 296.808 1.017
202212 1.035 296.797 1.152
202303 1.173 301.836 1.283
202306 1.145 305.109 1.239
202309 1.129 307.789 1.211
202312 1.222 306.746 1.315
202403 1.331 312.332 1.407
202406 1.280 314.175 1.345
202409 1.320 315.301 1.382
202412 1.482 315.605 1.551
202503 1.489 319.799 1.537
202506 1.321 322.561 1.352
202509 1.413 324.800 1.437
202512 1.458 324.054 1.486
202603 1.493 330.213 1.493

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 ฿5.74 mean?
Bangkok Aviation Fuel Services PCL (BKK:BAFS) has a Cyclically Adjusted Revenue per Share of ฿5.74 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 Bangkok Aviation Fuel Services PCL and its competitors.
Is Bangkok Aviation Fuel Services PCL's Cyclically Adjusted Revenue per Share too high?
Bangkok Aviation Fuel Services PCL's current Cyclically Adjusted Revenue per Share is ฿5.74. Overall, Bangkok Aviation Fuel Services PCL has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bangkok Aviation Fuel Services PCL's Cyclically Adjusted Revenue per Share compare to JOBY and CAAP?
Bangkok Aviation Fuel Services PCL's Cyclically Adjusted Revenue per Share of ฿5.74 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation 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 Bangkok Aviation Fuel Services PCL and its competitors. Bangkok Aviation Fuel Services PCL's current Cyclically Adjusted Revenue per Share is ฿5.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Aviation Fuel Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL (BKK:BAFS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿15.69, compared to a current price of ฿10.60 — trading 32.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ฿5.74. Bangkok Aviation Fuel Services PCL's overall GF Score™ is 75/100 with 10 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 Bangkok Aviation Fuel Services PCL (BKK:BAFS), the current Cyclically Adjusted Revenue per Share is ฿5.74 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 Bangkok Aviation Fuel Services PCL (BKK:BAFS) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL stock appears to be undervalued. The current stock price of ฿10.60 is trading 32.4% below its estimated GF Value™ of ฿15.69. GuruFocus considers Bangkok Aviation Fuel Services PCL to be Possible Value Trap.

Key valuation signals for BKK:BAFS:

  • Cyclically Adjusted Revenue per Share: ฿5.74
  • GF Value™: ฿15.69 vs. price of ฿10.60 (32.4% below fair value)
  • GF Score™: 75/100 with 10 warning signs

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


Bangkok Aviation Fuel Services PCL Business Description

Address 171/2 Kamphang Phet 6 Road, Don Mueang, Khet Don Mueang, Bangkok, THA, 10210
Bangkok Aviation Fuel Services PCL provides fuel services and storage for multiple airports in Thailand. The company has three operating segments: The aviation segment, the Utility and Power segment, and the business solution segment. The aviation segment provides in-plane service, manufacture, and assembly of hydrant dispensers. The utilities and power segment provides fuel pipeline transportation services, as well as the generation and distribution of electricity from solar power to the government. The business solution segment involves the development, design, manufacture, and sales of innovation and digital products, including the provision of other services. The majority of its revenue is generated from the Aviation segment.
75GF Score

Get the complete analysis for BKK:BAFS

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

฿10.60
Price
฿15.69
GF Value