SELECT 
  cscart_discussion.object_id AS product_id, 
  AVG(
    cscart_discussion_rating.rating_value
  ) AS average_rating, 
  cscart_discussion.type AS discussion_type, 
  cscart_discussion.thread_id AS discussion_thread_id 
FROM 
  cscart_discussion 
  LEFT JOIN cscart_discussion_posts ON cscart_discussion_posts.thread_id = cscart_discussion.thread_id 
  AND cscart_discussion_posts.status = "A" 
  LEFT JOIN cscart_discussion_rating ON cscart_discussion.thread_id = cscart_discussion_rating.thread_id 
  AND cscart_discussion_rating.post_id = cscart_discussion_posts.post_id 
  AND cscart_discussion_rating.rating_value != 0 
WHERE 
  cscart_discussion.object_id IN (
    598, 597, 9864, 599, 1166, 1167, 10483, 
    11211
  ) 
  AND cscart_discussion.object_type = "P" 
  AND cscart_discussion.company_id = 3 
GROUP BY 
  cscart_discussion.object_id

Query time 0.00040

Explain
id select_type table type possible_keys key key_len ref rows Extra
1 SIMPLE cscart_discussion range object_id,company_id object_id 10 8 Using index condition
1 SIMPLE cscart_discussion_posts ref thread_id,thread_id_2 thread_id 3 mahm3t_cs443.cscart_discussion.thread_id 4 Using where
1 SIMPLE cscart_discussion_rating eq_ref PRIMARY,thread_id PRIMARY 3 mahm3t_cs443.cscart_discussion_posts.post_id 1 Using where

Result

product_id average_rating discussion_type discussion_thread_id
597 D 1980
598 D 1981
599 D 1982
1166 D 2106
1167 B 2032
9864 B 5797
10483 D 7338