The Steel PCLBKK:THE-R 28 PS Ratio is 0.14 as of Jun. 26, 2026, which is 26% below its 10-year median of 0.19. GuruFocus rates BKK:THE-R with a GF Score™ of 28/100 and a GF Value™ of ฿0.88. The stock has 6 warning signs investors should review. Among 615 Steel companies, The Steel PCL ranks better than 91.38% 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, The Steel PCL's share price is ฿0.83286.
The Steel PCL's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ฿6.09. Hence, The Steel PCL's PS Ratio for today is 0.14.
Warning Sign:
The Steel PCL stock PS Ratio (=0.12) is close to 1-year high of 0.13.
The historical rank and industry rank for The Steel PCL's PS Ratio or its related term are showing as below:
BKK:THE-R'
s PS Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.19 Max: 0.39
Current: 0.12
During the past 13 years, The Steel PCL's highest PS Ratio was 0.39. The lowest was 0.08. And the median was 0.19.
BKK:THE-R's PS Ratio is ranked better than 91.38% of 615
companies
in the Steel industry
Industry Median: 0.59
vs BKK:THE-R: 0.12
The Steel 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 The Steel PCL was -17.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -13.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -7.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -8.60% per year.
During the past 13 years, The Steel PCL's highest 3-Year average Revenue per Share Growth Rate was 61.20% per year. The lowest was -18.60% per year. And the median was -2.90% per year.
Back to Basics: PS Ratio
The Steel PCL (BKK:THE-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.
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.
The Steel PCL PS Ratio Related Terms
The Steel PCL PS Ratio Historical Data
* Premium members only.
The historical data trend for The Steel 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.
For the Steel subindustry, The Steel 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.
The Steel PCL PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, The Steel PCL's PS Ratio distribution charts can be found below:
* The bar in red indicates where The Steel PCL's PS Ratio falls into.
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.
The Steel PCL's Share Price of today is ฿0.83286. The Steel 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 ฿6.09.
* 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:
The Steel PCL (BKK:THE-R) has a PS Ratio of 0.14 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 The Steel PCL and its competitors. This is 26% below median its historical median of 0.19. Over the past decade, The Steel PCL's PS Ratio has ranged from 0.08 to 0.39. According to the industry distribution chart, The Steel PCL ranks #53 out of 615 companies in the Steel industry, placing it in the top 8.6%.
Is The Steel PCL's PS Ratio too high?
The Steel PCL's current PS Ratio of 0.14 is 26% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.39. The Steel industry median PS Ratio is 0.59. The Steel PCL's value of 0.14 is 76.3% below this industry median. Based on the distribution chart, The Steel PCL ranks #53 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, The Steel PCL has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does The Steel PCL's PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, The Steel PCL ranks #53 out of 615 companies for PS Ratio. This places The Steel PCL in the top 9% of its industry — outperforming the majority of peers. The industry median PS Ratio is 0.59. The Steel PCL's value of 0.14 is 76.3% below this benchmark. Historically, The Steel PCL's own PS Ratio has ranged from 0.08 to 0.39 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.59, The Steel PCL has consistently been below 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 a Steel company?
The median PS Ratio among Steel companies is 0.59, based on 615 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. The Steel PCL's current PS Ratio of 0.14 is 76.3% below 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 The Steel PCL and its competitors. For the Steel industry, the median PS Ratio is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Steel PCL's current PS Ratio is 0.14, which is 26% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Steel PCL stock overvalued right now?
The Steel PCL (BKK:THE-R) has a current PS Ratio of 0.14. The stock's GF Value™ is ฿0.88, compared to a current price of ฿0.83 — trading 5.4% below its estimated fair value. The current PS Ratio is 0.14, which is 26% below median its 10-year median of 0.19 and 76.3% below the Steel industry median of 0.59. The Steel PCL's overall GF Score™ is 28/100 with 6 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 The Steel PCL (BKK:THE-R), the current PS Ratio is 0.14 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 The Steel PCL (BKK:THE-R) Overvalued in 2026?
Based on GuruFocus' analysis, The Steel PCL stock appears to be undervalued.
The current stock price of ฿0.83 is trading 5.4% below its estimated GF Value™ of ฿0.88.
Key valuation signals for BKK:THE-R:
PS Ratio: 0.14 (26% below median its 10-year median of 0.19)
GF Value™: ฿0.88 vs. price of ฿0.83 (5.4% below fair value)
Industry Position: 76.3% below the Steel median (#53 of 615)
No single metric tells the full story. See the BKK:THE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Steel PCL is principally engaged in the selling and transforming hot rolled steel sheets and coils and other structural steels and logistic services of steel. Its product portfolio includes hot-rolled coils, and processed forms such as slit coils, steel sheets, hot-formed structural steel, and cold-formed structural steel, as well as other steel products. In addition, the company also processes certain steel products, including steel sheets, slit coils, flat steel, folded angle steel, folded channel steel, steel pipes, and C-shaped structural steel. The company operates in two reportable segments: Revenue from sales of steels, which accounts for a majority of its revenue, and Revenue from logistic services. Geographically, it is managed and operates principally in Thailand.
28GF Score
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