SPCG PCL (BKK:SPCG-R) PS Ratio: 5.80 (As of Jun. 26, 2026) — 61% Above Median


BKK:SPCG-R SPCG PCL BKK:SPCG-R
65 GF Score
Price ฿8.85
GF Value ฿5.90
! 8 Warning Signs
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What is SPCG PCL PS Ratio?

SPCG PCL BKK:SPCG-R 65 PS Ratio is 5.80 as of Jun. 26, 2026, which is 61% above its 10-year median of 3.61. GuruFocus rates BKK:SPCG-R with a GF Score™ of 65/100 and a GF Value™ of ฿5.90. The stock has 8 warning signs investors should review. Among 416 Utilities - Independent Power Producers companies, SPCG PCL ranks worse than 74.52% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, SPCG PCL's share price is ฿8.85006. SPCG PCL's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1.53. Hence, SPCG PCL's PS Ratio for today is 5.80.

Warning Sign:

SPCG PCL stock PS Ratio (=5.84) is close to 10-year high of 6.37.

The historical rank and industry rank for SPCG PCL's PS Ratio or its related term are showing as below:

BKK:SPCG-R' s PS Ratio Range Over the Past 10 Years
Min: 2.4   Med: 3.61   Max: 6.37
Current: 5.84

During the past 13 years, SPCG PCL's highest PS Ratio was 6.37. The lowest was 2.40. And the median was 3.61.

BKK:SPCG-R's PS Ratio is ranked worse than
74.52% of 416 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.625 vs BKK:SPCG-R: 5.84

SPCG PCL's Revenue per Sharefor the three months ended in Mar. 2026 was ฿0.41. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1.53.

Warning Sign:

SPCG PCL revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of SPCG PCL was -12.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -26.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was -20.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was -11.10% per year.

During the past 13 years, SPCG PCL's highest 3-Year average Revenue per Share Growth Rate was 197.80% per year. The lowest was -66.90% per year. And the median was -7.80% per year.

Back to Basics: PS Ratio


SPCG PCL  (BKK:SPCG-R) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


SPCG PCL PS Ratio Related Terms


SPCG PCL PS Ratio Historical Data

* Premium members only.

The historical data trend for SPCG PCL's PS Ratio 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.

SPCG PCL PS Ratio Chart

SPCG PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.28 3.51 3.17 4.35 5.69

SPCG PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio 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 4.21 4.70 4.81 5.69 5.87

SPCG PCL PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, SPCG PCL's PS Ratio, along with its competitors' market caps and 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.


SPCG PCL PS Ratio vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where SPCG PCL's PS Ratio falls into.


BKK:SPCG-R
65GF Score
SPCG PCL BKK:SPCG-R
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPCG PCL PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

SPCG PCL's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=8.85006/1.525
=5.80

SPCG PCL's Share Price of today is ฿8.85006.
SPCG PCL's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1.53.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 5.80 mean?
SPCG PCL (BKK:SPCG-R) has a PS Ratio of 5.80 as of Jun. 26, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on SPCG PCL and its competitors. This is 61% above median its historical median of 3.61. Over the past decade, SPCG PCL's PS Ratio has ranged from 2.40 to 6.37. According to the industry distribution chart, SPCG PCL ranks #310 out of 416 companies in the Utilities - Independent Power Producers industry, placing it in the top 74.5%.
Is SPCG PCL's PS Ratio too high?
SPCG PCL's current PS Ratio of 5.80 is 61% above median its 10-year median of 3.61. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 6.37. The Utilities - Independent Power Producers industry median PS Ratio is 2.63. SPCG PCL's value of 5.80 is 121% above this industry median. Based on the distribution chart, SPCG PCL ranks #310 out of 416 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, SPCG PCL has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SPCG PCL ranks #310 out of 416 companies for PS Ratio. This places SPCG PCL in the lower half of its industry. The industry median PS Ratio is 2.63. SPCG PCL's value of 5.80 is 121% above this benchmark. Historically, SPCG PCL's own PS Ratio has ranged from 2.40 to 6.37 over the past decade. While the company's 10-year median is 3.61 vs. the industry median of 2.63, SPCG PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for an Utilities - Independent Power Producers company?
The median PS Ratio among Utilities - Independent Power Producers companies is 2.63, based on 416 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SPCG PCL's current PS Ratio of 5.80 is 121% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on SPCG PCL and its competitors. For the Utilities - Independent Power Producers industry, the median PS Ratio is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPCG PCL's current PS Ratio is 5.80, which is 61% above median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
SPCG PCL (BKK:SPCG-R) has a current PS Ratio of 5.80. The stock's GF Value™ is ฿5.90, compared to a current price of ฿8.85 — trading 50% above its estimated fair value. The current PS Ratio is 5.80, which is 61% above median its 10-year median of 3.61 and 121% above the Utilities - Independent Power Producers industry median of 2.63. SPCG PCL's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For SPCG PCL (BKK:SPCG-R), the current PS Ratio is 5.80 as of Jun. 26, 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 SPCG PCL (BKK:SPCG-R) Overvalued in 2026?

Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued. The current stock price of ฿8.85 is trading 50% above its estimated GF Value™ of ฿5.90.

Key valuation signals for BKK:SPCG-R:

  • PS Ratio: 5.80 (61% above median its 10-year median of 3.61)
  • GF Value™: ฿5.90 vs. price of ฿8.85 (50% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 121% above the Utilities - Independent Power Producers median (#310 of 416)

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


SPCG PCL Business Description

Other Exchanges SPCG:Thailand
Address No. 1 Capital Work Place Building, 10th Floor, Soi Jamjan, Klongton Nua, Sub-District, Wattana, Bangkok, THA, 10110
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
65GF Score

Get the complete analysis for BKK:SPCG-R

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿8.85
Price
฿5.90
GF Value