Ziga Innovation PCL (BKK:ZIGA) Cyclically Adjusted Revenue per Share: ฿1.77 (As of Jun. 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.

BKK:ZIGA Ziga Innovation PCL BKK:ZIGA
71 GF Score
Price ฿1.18
GF Value ฿1.31
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ziga Innovation PCL Cyclically Adjusted Revenue per Share?

Ziga Innovation PCL BKK:ZIGA -2.48% 71 Cyclically Adjusted Revenue per Share is ฿1.77 as of Jun. 2026. GuruFocus rates BKK:ZIGA with a GF Score™ of 71/100 and a GF Value™ of ฿1.31 (Modestly Undervalued). The stock has 4 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.

Ziga Innovation PCL's adjusted revenue per share for the three months ended in Jun. 2026 was ฿0.186. 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 ฿1.77 for the trailing ten years ended in Jun. 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 (2026-08-26), Ziga Innovation PCL's current stock price is ฿1.18. Ziga Innovation PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ฿1.77. Ziga Innovation PCL's Cyclically Adjusted PS Ratio of today is 0.67.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of Ziga Innovation PCL was 0.65. The lowest was 0.46. And the median was 0.50.


Ziga Innovation PCL  (BKK:ZIGA) 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.

Ziga Innovation PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.18/1.77
=0.67

* 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 Ziga Innovation PCL was 0.65. The lowest was 0.46. And the median was 0.50.


Be Aware

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


Ziga Innovation PCL Cyclically Adjusted Revenue per Share Related Terms


Ziga Innovation PCL Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ziga Innovation 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.

Ziga Innovation PCL Cyclically Adjusted Revenue per Share Chart

Ziga Innovation 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 1.78

Ziga Innovation PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.81 1.78 1.79 1.77

BKK:ZIGA vs NUE, STLD, RS: Cyclically Adjusted Revenue per Share Comparison

For the Steel subindustry, Ziga Innovation 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.


Ziga Innovation PCL Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ziga Innovation PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BKK:ZIGA
71GF Score
Ziga Innovation PCL BKK:ZIGA
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ziga Innovation 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, Ziga Innovation PCL's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.186/333.9520*333.9520
=0.186

Current CPI (Jun. 2026) = 333.9520.

Ziga Innovation PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.652 241.428 0.902
201612 0.500 241.432 0.692
201703 0.721 243.801 0.988
201706 0.378 244.955 0.515
201709 0.532 246.819 0.720
201712 0.287 246.524 0.389
201803 0.366 249.554 0.490
201806 0.451 251.989 0.598
201809 0.290 252.439 0.384
201812 0.460 251.233 0.611
201903 0.337 254.202 0.443
201906 0.332 256.143 0.433
201909 0.332 256.759 0.432
201912 0.387 256.974 0.503
202003 0.432 258.115 0.559
202006 0.526 257.797 0.681
202009 0.553 260.280 0.710
202012 0.406 260.474 0.521
202103 0.534 264.877 0.673
202106 0.451 271.696 0.554
202109 0.411 274.310 0.500
202112 0.447 278.802 0.535
202203 0.630 287.504 0.732
202206 0.323 296.311 0.364
202209 0.308 296.808 0.347
202212 0.296 296.797 0.333
202303 0.356 301.836 0.394
202306 0.236 305.109 0.258
202309 0.256 307.789 0.278
202312 0.213 306.746 0.232
202403 0.226 312.332 0.242
202406 0.196 314.175 0.208
202409 0.172 315.301 0.182
202412 0.169 315.605 0.179
202503 0.198 319.799 0.207
202506 0.159 322.561 0.165
202509 0.188 324.800 0.193
202512 0.178 324.054 0.183
202603 0.218 330.213 0.220
202606 0.186 333.952 0.186

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 ฿1.77 mean?
Ziga Innovation PCL (BKK:ZIGA) has a Cyclically Adjusted Revenue per Share of ฿1.77 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ziga Innovation PCL and its competitors.
Is Ziga Innovation PCL's Cyclically Adjusted Revenue per Share too high?
Ziga Innovation PCL's current Cyclically Adjusted Revenue per Share is ฿1.77. Overall, Ziga Innovation PCL has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ziga Innovation PCL's Cyclically Adjusted Revenue per Share compare to NUE and STLD?
Ziga Innovation PCL's Cyclically Adjusted Revenue per Share of ฿1.77 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Revenue per Share depends on the Steel 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 Ziga Innovation PCL and its competitors. Ziga Innovation PCL's current Cyclically Adjusted Revenue per Share is ฿1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ziga Innovation PCL stock overvalued right now?
Based on GuruFocus' analysis, Ziga Innovation PCL (BKK:ZIGA) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.31, compared to a current price of ฿1.18 — trading 9.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ฿1.77. Ziga Innovation PCL's overall GF Score™ is 71/100 with 4 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 Ziga Innovation PCL (BKK:ZIGA), the current Cyclically Adjusted Revenue per Share is ฿1.77 as of Jun. 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 Ziga Innovation PCL (BKK:ZIGA) Overvalued in 2026?

Based on GuruFocus' analysis, Ziga Innovation PCL stock appears to be undervalued. The current stock price of ฿1.18 is trading 9.9% below its estimated GF Value™ of ฿1.31. GuruFocus considers Ziga Innovation PCL to be Modestly Undervalued.

Key valuation signals for BKK:ZIGA:

  • Cyclically Adjusted Revenue per Share: ฿1.77
  • GF Value™: ฿1.31 vs. price of ฿1.18 (9.9% below fair value)
  • GF Score™: 71/100 with 4 warning signs

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


Ziga Innovation PCL Business Description

Address 8 Moo 10, Naiklongbangplakod, Phasamudjedee, Samutprakarn, THA, 10290
Ziga Innovation PCL is a steel manufacturer. It is engaged in the manufacturing and trading of steel conduits for electrical wiring systems and steel piping for construction and real estate business. Its segment includes wholesale and retail. It derives majority of its revenues from the wholesale segment. The company operates in Thailand.
71GF Score

Get the complete analysis for BKK:ZIGA

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

฿1.18
Price
฿1.31
GF Value