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True PCLFRA:TAF0 48 PS Ratio is 2.07 as of Jul. 15, 2026, which is 43% above its 10-year median of 1.45. GuruFocus rates FRA:TAF0 with a GF Score™ of 48/100 and a GF Value™ of €0.25. The stock has 7 warning signs investors should review. Among 363 Telecommunication Services companies, True PCL ranks worse than 69.7% 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, True PCL's share price is €0.312.
True PCL's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €0.15. Hence, True PCL's PS Ratio for today is 2.07.
Warning Sign:
True Corp PCL stock PS Ratio (=2.41) is close to 1-year high of 2.6.
The historical rank and industry rank for True PCL's PS Ratio or its related term are showing as below:
FRA:TAF0'
s PS Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.45 Max: 3.01
Current: 2.41
During the past 13 years, True PCL's highest PS Ratio was 3.01. The lowest was 0.62. And the median was 1.45.
FRA:TAF0's PS Ratio is ranked worse than 69.7% of 363
companies
in the Telecommunication Services industry
Industry Median: 1.35
vs FRA:TAF0: 2.41
True Corp PCL revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of True PCL was -3.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 11.80% per year.
During the past 13 years, True PCL's highest 3-Year average Revenue per Share Growth Rate was 43.40% per year. The lowest was -26.80% per year. And the median was -0.85% per year.
Back to Basics: PS Ratio
True PCL (FRA:TAF0) 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.
True PCL PS Ratio Related Terms
True PCL PS Ratio Historical Data
* Premium members only.
The historical data trend for True 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 Telecom Services subindustry, True 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.
True PCL PS Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, True PCL's PS Ratio distribution charts can be found below:
* The bar in red indicates where True 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.
True PCL's Share Price of today is €0.312. True 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 €0.15.
* 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:
True PCL (FRA:TAF0) has a PS Ratio of 2.07 as of Jul. 15, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on True PCL and its competitors. This is 43% above median its historical median of 1.45. Over the past decade, True PCL's PS Ratio has ranged from 0.62 to 3.01. According to the industry distribution chart, True PCL ranks #253 out of 363 companies in the Telecommunication Services industry, placing it in the top 69.7%.
Is True PCL's PS Ratio too high?
True PCL's current PS Ratio of 2.07 is 43% above median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 3.01. The Telecommunication Services industry median PS Ratio is 1.35. True PCL's value of 2.07 is 53.3% above this industry median. Based on the distribution chart, True PCL ranks #253 out of 363 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, True PCL has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does True PCL's PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, True PCL ranks #253 out of 363 companies for PS Ratio. This places True PCL in the lower half of its industry. The industry median PS Ratio is 1.35. True PCL's value of 2.07 is 53.3% above this benchmark. Historically, True PCL's own PS Ratio has ranged from 0.62 to 3.01 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.35, True 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 a Telecommunication Services company?
The median PS Ratio among Telecommunication Services companies is 1.35, based on 363 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. True PCL's current PS Ratio of 2.07 is 53.3% 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 True PCL and its competitors. For the Telecommunication Services industry, the median PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True PCL's current PS Ratio is 2.07, which is 43% above median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True PCL stock overvalued right now?
True PCL (FRA:TAF0) has a current PS Ratio of 2.07. The stock's GF Value™ is €0.25, compared to a current price of €0.31 — trading 24.8% above its estimated fair value. The current PS Ratio is 2.07, which is 43% above median its 10-year median of 1.45 and 53.3% above the Telecommunication Services industry median of 1.35. True PCL's overall GF Score™ is 48/100 with 7 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 True PCL (FRA:TAF0), the current PS Ratio is 2.07 as of Jul. 15, 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 True PCL (FRA:TAF0) Overvalued in 2026?
Based on GuruFocus' analysis, True PCL stock appears to be overvalued.
The current stock price of €0.31 is trading 24.8% above its estimated GF Value™ of €0.25.
Key valuation signals for FRA:TAF0:
PS Ratio: 2.07 (43% above median its 10-year median of 1.45)
GF Value™: €0.25 vs. price of €0.31 (24.8% above fair value)
Industry Position: 53.3% above the Telecommunication Services median (#253 of 363)
No single metric tells the full story. See the FRA:TAF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
True Corp PCL is a triple-play telecommunications company. It operates through three business segments: Mobile, Pay TV, Broadband internet and others. The majority of revenue is derived from Mobile segment, the company's mobile services product offering. The majority of the company's customer base in its mobile services division is considered prepaid. Broadband internet and other generated revenue internet services are recognized when rendering the service to subscribers. Pay TV generates revenues from monthly subscription fees recognized in the month in which the service is provided, commencing from the completion of installation. It operates in a single geographical area, which is Thailand.
48GF Score
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