I.C.C.International PCL (BKK:ICC) Cyclically Adjusted Revenue per Share: ฿23.51 (As of Mar. 2026)

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BKK:ICC I.C.C.International PCL BKK:ICC
67 GF Score
Price ฿24.60
GF Value ฿22.97
Valuation Fairly Valued
! 7 Warning Signs
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What is I.C.C.International PCL Cyclically Adjusted Revenue per Share?

I.C.C.International PCL BKK:ICC -0.81% 67 Cyclically Adjusted Revenue per Share is ฿23.51 as of Mar. 2026. GuruFocus rates BKK:ICC with a GF Score™ of 67/100 and a GF Value™ of ฿22.97 (Fairly Valued). The stock has 7 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.

I.C.C.International PCL's adjusted revenue per share for the three months ended in Mar. 2026 was ฿3.884. 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 ฿23.51 for the trailing ten years ended in Mar. 2026.

During the past 12 months, I.C.C.International PCL's average Cyclically Adjusted Revenue Growth Rate was -4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.50% 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 I.C.C.International PCL was 1.00% per year. The lowest was -3.50% per year. And the median was -1.00% per year.

As of today (2026-07-29), I.C.C.International PCL's current stock price is ฿24.60. I.C.C.International PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿23.51. I.C.C.International PCL's Cyclically Adjusted PS Ratio of today is 1.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of I.C.C.International PCL was 1.21. The lowest was 0.60. And the median was 0.85.


I.C.C.International PCL  (BKK:ICC) 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.

I.C.C.International PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.60/23.51
=1.05

* 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 I.C.C.International PCL was 1.21. The lowest was 0.60. And the median was 0.85.


Be Aware

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


I.C.C.International PCL Cyclically Adjusted Revenue per Share Related Terms


I.C.C.International PCL Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for I.C.C.International 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.

I.C.C.International PCL Cyclically Adjusted Revenue per Share Chart

I.C.C.International 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 26.26 26.14 25.30 24.58 23.50

I.C.C.International 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 24.53 24.30 24.02 23.50 23.51

BKK:ICC vs TJX, ROST, BURL: Cyclically Adjusted Revenue per Share Comparison

For the Apparel Retail subindustry, I.C.C.International 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.


I.C.C.International PCL Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, I.C.C.International PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where I.C.C.International PCL's Cyclically Adjusted PS Ratio falls into.


BKK:ICC
67GF Score
I.C.C.International PCL BKK:ICC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I.C.C.International 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, I.C.C.International 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)
=3.884/330.2130*330.2130
=3.884

Current CPI (Mar. 2026) = 330.2130.

I.C.C.International PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.062 241.018 8.305
201609 6.255 241.428 8.555
201612 6.912 241.432 9.454
201703 5.994 243.801 8.118
201706 6.131 244.955 8.265
201709 6.162 246.819 8.244
201712 6.607 246.524 8.850
201803 6.113 249.554 8.089
201806 5.973 251.989 7.827
201809 6.214 252.439 8.128
201812 6.377 251.233 8.382
201903 5.934 254.202 7.708
201906 5.488 256.143 7.075
201909 5.308 256.759 6.827
201912 5.772 256.974 7.417
202003 4.331 258.115 5.541
202006 2.756 257.797 3.530
202009 4.216 260.280 5.349
202012 4.375 260.474 5.546
202103 4.046 264.877 5.044
202106 2.974 271.696 3.615
202109 2.547 274.310 3.066
202112 4.126 278.802 4.887
202203 3.979 287.504 4.570
202206 4.211 296.311 4.693
202209 4.187 296.808 4.658
202212 4.662 296.797 5.187
202303 5.505 301.836 6.023
202306 4.226 305.109 4.574
202309 3.439 307.789 3.690
202312 4.593 306.746 4.944
202403 4.354 312.332 4.603
202406 3.995 314.175 4.199
202409 4.081 315.301 4.274
202412 4.987 315.605 5.218
202503 4.239 319.799 4.377
202506 3.907 322.561 4.000
202509 3.706 324.800 3.768
202512 4.494 324.054 4.579
202603 3.884 330.213 3.884

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 ฿23.51 mean?
I.C.C.International PCL (BKK:ICC) has a Cyclically Adjusted Revenue per Share of ฿23.51 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 I.C.C.International PCL and its competitors.
Is I.C.C.International PCL's Cyclically Adjusted Revenue per Share too high?
I.C.C.International PCL's current Cyclically Adjusted Revenue per Share is ฿23.51. Overall, I.C.C.International PCL has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does I.C.C.International PCL's Cyclically Adjusted Revenue per Share compare to TJX and ROST?
I.C.C.International PCL's Cyclically Adjusted Revenue per Share of ฿23.51 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Revenue per Share depends on the Retail - Cyclical 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 I.C.C.International PCL and its competitors. I.C.C.International PCL's current Cyclically Adjusted Revenue per Share is ฿23.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I.C.C.International PCL stock overvalued right now?
Based on GuruFocus' analysis, I.C.C.International PCL (BKK:ICC) is currently considered Fairly Valued. The stock's GF Value™ is ฿22.97, compared to a current price of ฿24.60 — trading 7.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ฿23.51. I.C.C.International PCL's overall GF Score™ is 67/100 with 7 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 I.C.C.International PCL (BKK:ICC), the current Cyclically Adjusted Revenue per Share is ฿23.51 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 I.C.C.International PCL (BKK:ICC) Overvalued in 2026?

Based on GuruFocus' analysis, I.C.C.International PCL stock appears to be overvalued. The current stock price of ฿24.60 is trading 7.1% above its estimated GF Value™ of ฿22.97. GuruFocus considers I.C.C.International PCL to be Fairly Valued.

Key valuation signals for BKK:ICC:

  • Cyclically Adjusted Revenue per Share: ฿23.51
  • GF Value™: ฿22.97 vs. price of ฿24.60 (7.1% above fair value)
  • GF Score™: 67/100 with 7 warning signs

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


I.C.C.International PCL Business Description

Address 530 Soi Sathupradit 58, Bang Phong Phang Subdistrict, Yannawa District, Bangkok, THA, 10120
I.C.C.International PCL is engaged in distributing consumer products. It sells domestic and international fashion products, including cosmetics and fragrances, hair and skin hygiene products, a full range of textiles and apparel such as lingerie, outerwear, sportswear, and athletic wear, laundry and garment care products, and leather fashion items, etc. The company's principal segments are: Cosmetics, toiletries & perfumeries, Women's apparel, Men's apparel and Household products. The majority of the company's revenue is derived from the Men's apparel segment. Geographically, it operates only in Thailand.
67GF Score

Get the complete analysis for BKK:ICC

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

฿24.60
Price
฿22.97
GF Value