Sermsang Power PCL (BKK:SSP) Cyclically Adjusted Revenue per Share: ฿1.79 (As of Mar. 2026)

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BKK:SSP Sermsang Power Corporation PCL BKK:SSP
84 GF Score
Price ฿4.56
GF Value ฿5.85
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Sermsang Power PCL Cyclically Adjusted Revenue per Share?

Sermsang Power PCL BKK:SSP +6.05% 84 Cyclically Adjusted Revenue per Share is ฿1.79 as of Mar. 2026. GuruFocus rates BKK:SSP with a GF Score™ of 84/100 and a GF Value™ of ฿5.85 (Modestly Undervalued). The stock has 11 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.

Sermsang Power PCL's adjusted revenue per share for the three months ended in Mar. 2026 was ฿0.708. 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 ฿1.79 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-24), Sermsang Power PCL's current stock price is ฿4.56. Sermsang Power PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿1.79. Sermsang Power PCL's Cyclically Adjusted PS Ratio of today is 2.55.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Sermsang Power PCL was 2.46. The lowest was 1.79. And the median was 2.03.


Sermsang Power PCL  (BKK:SSP) 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.

Sermsang Power PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.56/1.79
=2.55

* 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 12 years, the highest Cyclically Adjusted PS Ratio of Sermsang Power PCL was 2.46. The lowest was 1.79. And the median was 2.03.


Be Aware

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


Sermsang Power PCL Cyclically Adjusted Revenue per Share Related Terms


Sermsang Power PCL Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Sermsang Power 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.

Sermsang Power PCL Cyclically Adjusted Revenue per Share Chart

Sermsang Power 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 0.00 0.00 0.00 0.00 1.73

Sermsang Power 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 0.00 0.00 0.00 1.73 1.79

Sermsang Power PCL Cyclically Adjusted Revenue per Share Competitor Comparison

For the Utilities - Renewable subindustry, Sermsang Power 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.


Sermsang Power PCL Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sermsang Power PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:SSP
84GF Score
Sermsang Power Corporation PCL BKK:SSP
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sermsang Power 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, Sermsang Power 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)
=0.708/330.2130*330.2130
=0.708

Current CPI (Mar. 2026) = 330.2130.

Sermsang Power PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 236.525 0.000
201609 0.176 241.428 0.241
201612 0.170 241.432 0.233
201703 0.077 243.801 0.104
201706 0.060 244.955 0.081
201709 0.077 246.819 0.103
201712 0.055 246.524 0.074
201803 0.071 249.554 0.094
201806 0.121 251.989 0.159
201809 0.123 252.439 0.161
201812 0.142 251.233 0.187
201903 0.140 254.202 0.182
201906 0.194 256.143 0.250
201909 0.210 256.759 0.270
201912 0.176 256.974 0.226
202003 0.211 258.115 0.270
202006 0.282 257.797 0.361
202009 0.352 260.280 0.447
202012 0.309 260.474 0.392
202103 0.318 264.877 0.396
202106 0.461 271.696 0.560
202109 0.497 274.310 0.598
202112 0.818 278.802 0.969
202203 0.634 287.504 0.728
202206 0.600 296.311 0.669
202209 0.539 296.808 0.600
202212 0.508 296.797 0.565
202303 0.554 301.836 0.606
202306 0.555 305.109 0.601
202309 0.590 307.789 0.633
202312 0.538 306.746 0.579
202403 0.618 312.332 0.653
202406 0.633 314.175 0.665
202409 0.659 315.301 0.690
202412 0.764 315.605 0.799
202503 0.699 319.799 0.722
202506 0.507 322.561 0.519
202509 0.594 324.800 0.604
202512 0.702 324.054 0.715
202603 0.708 330.213 0.708

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 ฿1.79 mean?
Sermsang Power PCL (BKK:SSP) has a Cyclically Adjusted Revenue per Share of ฿1.79 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 Sermsang Power PCL and its competitors.
Is Sermsang Power PCL's Cyclically Adjusted Revenue per Share too high?
Sermsang Power PCL's current Cyclically Adjusted Revenue per Share is ฿1.79. Overall, Sermsang Power PCL has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sermsang Power PCL's Cyclically Adjusted Revenue per Share compare to competitors?
Sermsang Power PCL's Cyclically Adjusted Revenue per Share of ฿1.79 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Independent Power Producers 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 Sermsang Power PCL and its competitors. Sermsang Power PCL's current Cyclically Adjusted Revenue per Share is ฿1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sermsang Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Sermsang Power PCL (BKK:SSP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿5.85, compared to a current price of ฿4.56 — trading 22.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ฿1.79. Sermsang Power PCL's overall GF Score™ is 84/100 with 11 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 Sermsang Power PCL (BKK:SSP), the current Cyclically Adjusted Revenue per Share is ฿1.79 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 Sermsang Power PCL (BKK:SSP) Overvalued in 2026?

Based on GuruFocus' analysis, Sermsang Power PCL stock appears to be undervalued. The current stock price of ฿4.56 is trading 22.1% below its estimated GF Value™ of ฿5.85. GuruFocus considers Sermsang Power PCL to be Modestly Undervalued.

Key valuation signals for BKK:SSP:

  • Cyclically Adjusted Revenue per Share: ฿1.79
  • GF Value™: ฿5.85 vs. price of ฿4.56 (22.1% below fair value)
  • GF Score™: 84/100 with 11 warning signs

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


Sermsang Power PCL Business Description

Address 325/14 Lan Luang Road, Si Yaek Mahanak, Dusit, Bangkok, THA, 10300
Sermsang Power Corporation PCL is engaged in investment, consultancy, and the provision of services for energy businesses to related parties. The company's operating segments are the production and distribution of electricity from solar plants, Electricity distribution, and installation services relating to the solar roof system, Production and distribution of electricity from wind power plants, Production and distribution of electricity from biomass, and others. The firm generates a majority of its revenue from the Production and distribution of electricity from the solar power plants segment. Geographically, the company generates a majority share of the revenue from Thailand.
84GF Score

Get the complete analysis for BKK:SSP

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

฿4.56
Price
฿5.85
GF Value