Thai Capital PCL (BKK:TCC) Cyclically Adjusted Revenue per Share: ฿1.03 (As of Mar. 2026)

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BKK:TCC Thai Capital Corp PCL BKK:TCC
45 GF Score
Price ฿0.30
GF Value ฿0.24
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Thai Capital PCL Cyclically Adjusted Revenue per Share?

Thai Capital PCL BKK:TCC -6.25% 45 Cyclically Adjusted Revenue per Share is ฿1.03 as of Mar. 2026. GuruFocus rates BKK:TCC with a GF Score™ of 45/100 and a GF Value™ of ฿0.24 (Modestly Overvalued). The stock has 6 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.

Thai Capital PCL's adjusted revenue per share for the three months ended in Mar. 2026 was ฿0.169. 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 ฿1.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Thai Capital PCL's average Cyclically Adjusted Revenue Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.90% 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 Thai Capital PCL was 4.40% per year. The lowest was -0.30% per year. And the median was 2.40% per year.

As of today (2026-07-28), Thai Capital PCL's current stock price is ฿0.30. Thai Capital PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ฿1.03. Thai Capital PCL's Cyclically Adjusted PS Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Thai Capital PCL was 1.81. The lowest was 0.16. And the median was 0.43.


Thai Capital PCL  (BKK:TCC) 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.

Thai Capital PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.30/1.03
=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 Thai Capital PCL was 1.81. The lowest was 0.16. And the median was 0.43.


Be Aware

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


Thai Capital PCL Cyclically Adjusted Revenue per Share Related Terms


Thai Capital PCL Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Thai Capital 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.

Thai Capital PCL Cyclically Adjusted Revenue per Share Chart

Thai Capital 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 0.94 1.02 1.07 1.02 1.01

Thai Capital 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 1.04 1.03 1.02 1.01 1.03

Thai Capital PCL Cyclically Adjusted Revenue per Share Competitor Comparison

For the Thermal Coal subindustry, Thai Capital 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.


Thai Capital PCL Cyclically Adjusted PS Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Thai Capital PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:TCC
45GF Score
Thai Capital Corp PCL BKK:TCC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Capital 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, Thai Capital 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)
=0.169/330.2130*330.2130
=0.169

Current CPI (Mar. 2026) = 330.2130.

Thai Capital PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.130 241.018 0.178
201609 0.198 241.428 0.271
201612 0.318 241.432 0.435
201703 0.190 243.801 0.257
201706 0.154 244.955 0.208
201709 0.353 246.819 0.472
201712 0.314 246.524 0.421
201803 0.280 249.554 0.370
201806 0.258 251.989 0.338
201809 0.235 252.439 0.307
201812 0.266 251.233 0.350
201903 0.117 254.202 0.152
201906 0.170 256.143 0.219
201909 0.145 256.759 0.186
201912 0.120 256.974 0.154
202003 0.103 258.115 0.132
202006 0.077 257.797 0.099
202009 0.092 260.280 0.117
202012 0.105 260.474 0.133
202103 0.173 264.877 0.216
202106 0.152 271.696 0.185
202109 0.295 274.310 0.355
202112 0.272 278.802 0.322
202203 0.232 287.504 0.266
202206 0.411 296.311 0.458
202209 0.478 296.808 0.532
202212 0.232 296.797 0.258
202303 0.208 301.836 0.228
202306 0.275 305.109 0.298
202309 0.334 307.789 0.358
202312 0.288 306.746 0.310
202403 0.240 312.332 0.254
202406 0.154 314.175 0.162
202409 0.207 315.301 0.217
202412 0.205 315.605 0.214
202503 0.243 319.799 0.251
202506 0.137 322.561 0.140
202509 0.158 324.800 0.161
202512 0.116 324.054 0.118
202603 0.169 330.213 0.169

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 ฿1.03 mean?
Thai Capital PCL (BKK:TCC) has a Cyclically Adjusted Revenue per Share of ฿1.03 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 Thai Capital PCL and its competitors.
Is Thai Capital PCL's Cyclically Adjusted Revenue per Share too high?
Thai Capital PCL's current Cyclically Adjusted Revenue per Share is ฿1.03. Overall, Thai Capital PCL has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Capital PCL's Cyclically Adjusted Revenue per Share compare to competitors?
Thai Capital PCL's Cyclically Adjusted Revenue per Share of ฿1.03 can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Cyclically Adjusted Revenue per Share depends on the Other Energy Sources 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 Thai Capital PCL and its competitors. Thai Capital PCL's current Cyclically Adjusted Revenue per Share is ฿1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Capital PCL (BKK:TCC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.24, compared to a current price of ฿0.30 — trading 25% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ฿1.03. Thai Capital PCL's overall GF Score™ is 45/100 with 6 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 Thai Capital PCL (BKK:TCC), the current Cyclically Adjusted Revenue per Share is ฿1.03 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 Thai Capital PCL (BKK:TCC) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Capital PCL stock appears to be overvalued. The current stock price of ฿0.30 is trading 25% above its estimated GF Value™ of ฿0.24. GuruFocus considers Thai Capital PCL to be Modestly Overvalued.

Key valuation signals for BKK:TCC:

  • Cyclically Adjusted Revenue per Share: ฿1.03
  • GF Value™: ฿0.24 vs. price of ฿0.30 (25% above fair value)
  • GF Score™: 45/100 with 6 warning signs

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


Thai Capital PCL Business Description

Address All Seasons Place, Wireless Road, 87/2 CRC Tower, 45th Floor, Lumpini, Phathumwan, Bangkok, THA, 10330
Thai Capital Corp PCL imports, distributes, and sells coal and steel products. The company focuses on importing coal for sale to industries that utilize coal as a source of energy. It also serves food, garments, Cement, and other Industries. The group operating segment includes the Coal, Property Development, and Asset Management. The group generates the majority of its revenue from the sale of coal. It operates in a single geographical segment principally in Thailand.
45GF Score

Get the complete analysis for BKK:TCC

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

฿0.30
Price
฿0.24
GF Value