Thai Industrial Fund 1 (BKK:TIF1) PS Ratio: 10.48 (As of Aug. 04, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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:TIF1 Thai Industrial Fund 1 BKK:TIF1
79 GF Score
Price ฿8.00
GF Value ฿8.51
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Thai Industrial Fund 1 PS Ratio?

Thai Industrial Fund 1 BKK:TIF1 79 PS Ratio is 10.48 as of Aug. 04, 2026, which is 1% above its 10-year median of 10.41. GuruFocus rates BKK:TIF1 with a GF Score™ of 79/100 and a GF Value™ of ฿8.51 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,414 Asset Management companies, Thai Industrial Fund 1 ranks worse than 63.79% 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, Thai Industrial Fund 1's share price is ฿8.00. Thai Industrial Fund 1's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was ฿0.76. Hence, Thai Industrial Fund 1's PS Ratio for today is 10.48.

The historical rank and industry rank for Thai Industrial Fund 1's PS Ratio or its related term are showing as below:

BKK:TIF1' s PS Ratio Range Over the Past 10 Years
Min: 8.69   Med: 10.41   Max: 13.46
Current: 10.49

During the past 13 years, Thai Industrial Fund 1's highest PS Ratio was 13.46. The lowest was 8.69. And the median was 10.41.

BKK:TIF1's PS Ratio is ranked worse than
63.79% of 1414 companies
in the Asset Management industry
Industry Median: 7.24 vs BKK:TIF1: 10.49

Thai Industrial Fund 1's Revenue per Sharefor the three months ended in Dec. 2025 was ฿0.19. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was ฿0.76.

Warning Sign:

Thai Industrial Fund 1 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 Thai Industrial Fund 1 was 0.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was -3.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was -1.70% per year.

During the past 13 years, Thai Industrial Fund 1's highest 3-Year average Revenue per Share Growth Rate was 10.20% per year. The lowest was -60.00% per year. And the median was 0.10% per year.

Back to Basics: PS Ratio


Thai Industrial Fund 1  (BKK:TIF1) 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.


Thai Industrial Fund 1 PS Ratio Related Terms


Thai Industrial Fund 1 PS Ratio Historical Data

* Premium members only.

The historical data trend for Thai Industrial Fund 1'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.

Thai Industrial Fund 1 PS Ratio Chart

Thai Industrial Fund 1 Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.73 12.70 13.12 11.19 9.27

Thai Industrial Fund 1 Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 9.83 9.27 8.90 9.13 9.37

BKK:TIF1 vs BLK, BX, KKR: PS Ratio Comparison

For the Asset Management subindustry, Thai Industrial Fund 1'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.


Thai Industrial Fund 1 PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Thai Industrial Fund 1's PS Ratio distribution charts can be found below:

* The bar in red indicates where Thai Industrial Fund 1's PS Ratio falls into.


BKK:TIF1
79GF Score
Thai Industrial Fund 1 BKK:TIF1
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Industrial Fund 1 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.

Thai Industrial Fund 1's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=8.00/0.763
=10.48

Thai Industrial Fund 1's Share Price of today is ฿8.00.
Thai Industrial Fund 1's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.76.

* 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 10.48 mean?
Thai Industrial Fund 1 (BKK:TIF1) has a PS Ratio of 10.48 as of Aug. 04, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Thai Industrial Fund 1 and its competitors. This is near median its historical median of 10.41. Over the past decade, Thai Industrial Fund 1's PS Ratio has ranged from 8.69 to 13.46. According to the industry distribution chart, Thai Industrial Fund 1 ranks #902 out of 1414 companies in the Asset Management industry, placing it in the top 63.8%.
Is Thai Industrial Fund 1's PS Ratio too high?
Thai Industrial Fund 1's current PS Ratio of 10.48 is near median its 10-year median of 10.41. Over the past 10 years, this metric has ranged from a low of 8.69 to a high of 13.46. The Asset Management industry median PS Ratio is 7.24. Thai Industrial Fund 1's value of 10.48 is 44.8% above this industry median. Based on the distribution chart, Thai Industrial Fund 1 ranks #902 out of 1414 companies in the Asset Management industry, which is below the industry midpoint. Overall, Thai Industrial Fund 1 has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Industrial Fund 1's PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Thai Industrial Fund 1 ranks #902 out of 1414 companies for PS Ratio. This places Thai Industrial Fund 1 in the lower half of its industry. The industry median PS Ratio is 7.24. Thai Industrial Fund 1's value of 10.48 is 44.8% above this benchmark. Historically, Thai Industrial Fund 1's own PS Ratio has ranged from 8.69 to 13.46 over the past decade. While the company's 10-year median is 10.41 vs. the industry median of 7.24, Thai Industrial Fund 1 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 Asset Management company?
The median PS Ratio among Asset Management companies is 7.24, based on 1,414 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. Thai Industrial Fund 1's current PS Ratio of 10.48 is 44.8% 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 Thai Industrial Fund 1 and its competitors. For the Asset Management industry, the median PS Ratio is 7.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Industrial Fund 1's current PS Ratio is 10.48, which is near median its own 10-year median of 10.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Industrial Fund 1 stock overvalued right now?
Based on GuruFocus' analysis, Thai Industrial Fund 1 (BKK:TIF1) is currently considered Fairly Valued. The stock's GF Value™ is ฿8.51, compared to a current price of ฿8.00 — trading 6% below its estimated fair value. The current PS Ratio is 10.48, which is near median its 10-year median of 10.41 and 44.8% above the Asset Management industry median of 7.24. Thai Industrial Fund 1's overall GF Score™ is 79/100 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 Thai Industrial Fund 1 (BKK:TIF1), the current PS Ratio is 10.48 as of Aug. 04, 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 Industrial Fund 1 (BKK:TIF1) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Industrial Fund 1 stock appears to be undervalued. The current stock price of ฿8.00 is trading 6% below its estimated GF Value™ of ฿8.51. GuruFocus considers Thai Industrial Fund 1 to be Fairly Valued.

Key valuation signals for BKK:TIF1:

  • PS Ratio: 10.48 (near median its 10-year median of 10.41)
  • GF Value™: ฿8.51 vs. price of ฿8.00 (6% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 44.8% above the Asset Management median (#902 of 1414)

No single metric tells the full story. See the BKK:TIF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Industrial Fund 1 Business Description

Address Rama 1 Road, Floor 9th, 24th, No. 989 Siam Piwat Tower, Patumwan District, Bangkok, THA, 10330
Thai Industrial Fund 1 is an asset management company. The objective of the fund is to raise funds from general investors and to use the proceeds from such fundraising for the purchase and/or lease of immovable properties or property lease rights. It invests in land and factory buildings, industrial parks, and industrial promotion zone in Thailand. The one reportable operating segment of the Fund is to provide the rental on property in which the Fund has invested and the single geographical area of its operations is Thailand.
79GF Score

Get the complete analysis for BKK:TIF1

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

฿8.00
Price
฿8.51
GF Value