Nation Group (Thailand) PCL (BKK:NATION) Cyclically Adjusted Revenue per Share: ฿0.14 (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.

What is Nation Group (Thailand) PCL Cyclically Adjusted Revenue per Share?

Nation Group (Thailand) PCL BKK:NATION Cyclically Adjusted Revenue per Share is ฿0.14 as of Mar. 2026. 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.

Nation Group (Thailand) PCL's adjusted revenue per share for the three months ended in Mar. 2026 was ฿0.011. 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 ฿0.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nation Group (Thailand) PCL's average Cyclically Adjusted Revenue Growth Rate was -12.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -16.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -15.40% 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 Nation Group (Thailand) PCL was -6.60% per year. The lowest was -17.20% per year. And the median was -12.70% per year.

As of today (2026-07-27), Nation Group (Thailand) PCL's current stock price is ฿0.04. Nation Group (Thailand) PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿0.14. Nation Group (Thailand) PCL's Cyclically Adjusted PS Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nation Group (Thailand) PCL was 0.68. The lowest was 0.11. And the median was 0.29.


Nation Group (Thailand) PCL  (BKK:NATION) 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.

Nation Group (Thailand) PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.04/0.14
=0.29

* 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 Nation Group (Thailand) PCL was 0.68. The lowest was 0.11. And the median was 0.29.


Be Aware

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


Nation Group (Thailand) PCL Cyclically Adjusted Revenue per Share Related Terms


Nation Group (Thailand) PCL Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nation Group (Thailand) 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.

Nation Group (Thailand) PCL Cyclically Adjusted Revenue per Share Chart

Nation Group (Thailand) 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 0.30 0.24 0.20 0.17 0.14

Nation Group (Thailand) 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 0.16 0.16 0.15 0.14 0.14

BKK:NATION vs NYT, WLY: Cyclically Adjusted Revenue per Share Comparison

For the Publishing subindustry, Nation Group (Thailand) 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.


Nation Group (Thailand) PCL Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nation Group (Thailand) PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nation Group (Thailand) PCL's Cyclically Adjusted PS Ratio falls into.



Nation Group (Thailand) 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, Nation Group (Thailand) 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)
=0.011/330.2130*330.2130
=0.011

Current CPI (Mar. 2026) = 330.2130.

Nation Group (Thailand) PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.043 241.018 0.059
201609 0.043 241.428 0.059
201612 0.036 241.432 0.049
201703 0.047 243.801 0.064
201706 0.059 244.955 0.080
201709 0.039 246.819 0.052
201712 0.021 246.524 0.028
201803 0.047 249.554 0.062
201806 0.042 251.989 0.055
201809 0.048 252.439 0.063
201812 0.041 251.233 0.054
201903 0.039 254.202 0.051
201906 0.041 256.143 0.053
201909 0.037 256.759 0.048
201912 0.039 256.974 0.050
202003 0.043 258.115 0.055
202006 0.040 257.797 0.051
202009 0.032 260.280 0.041
202012 0.030 260.474 0.038
202103 0.025 264.877 0.031
202106 0.026 271.696 0.032
202109 0.032 274.310 0.039
202112 0.027 278.802 0.032
202203 0.018 287.504 0.021
202206 0.018 296.311 0.020
202209 0.016 296.808 0.018
202212 0.018 296.797 0.020
202303 0.016 301.836 0.018
202306 0.013 305.109 0.014
202309 0.011 307.789 0.012
202312 0.011 306.746 0.012
202403 0.009 312.332 0.010
202406 0.011 314.175 0.012
202409 0.012 315.301 0.013
202412 0.020 315.605 0.021
202503 0.015 319.799 0.015
202506 0.012 322.561 0.012
202509 0.012 324.800 0.012
202512 0.016 324.054 0.016
202603 0.011 330.213 0.011

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 ฿0.14 mean?
Nation Group (Thailand) PCL (BKK:NATION) has a Cyclically Adjusted Revenue per Share of ฿0.14 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 Nation Group (Thailand) PCL and its competitors.
Is Nation Group (Thailand) PCL's Cyclically Adjusted Revenue per Share too high?
Nation Group (Thailand) PCL's current Cyclically Adjusted Revenue per Share is ฿0.14.
How does Nation Group (Thailand) PCL's Cyclically Adjusted Revenue per Share compare to NYT and WLY?
Nation Group (Thailand) PCL's Cyclically Adjusted Revenue per Share of ฿0.14 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Revenue per Share depends on the Media - Diversified 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 Nation Group (Thailand) PCL and its competitors. Nation Group (Thailand) PCL's current Cyclically Adjusted Revenue per Share is ฿0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nation Group (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Nation Group (Thailand) PCL (BKK:NATION) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.03, compared to a current price of ฿0.04 — trading 33.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ฿0.14. 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 Nation Group (Thailand) PCL (BKK:NATION), the current Cyclically Adjusted Revenue per Share is ฿0.14 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.

Nation Group (Thailand) PCL Business Description

Address Debaratna Road, 1854, 9th, 10th and 11th Floors, Bangna-Tai, Bangna, Bangkok, THA, 10260
Nation Group (Thailand) PCL is a Thailand-based company. The company is engaged in the publishing and distribution of newspapers and providing advertising and news services and others. Its operating segment includes Publishing and advertising and related online and event; Broadcasting and related online and event; Online media and related event; and Others, which represents sale of food and beverages. The company generates maximum revenue from Publishing and advertising and related online and event segment. The company has five business groups: Publishing Group; Television Business Group; Event Marketing; New Media Platforms; and Business to Consumer (B2C) Group. The group principally operates in Thailand.