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Lohakit Metal PCL (BKK:LHK) Cyclically Adjusted PS Ratio : 0.45 (As of May. 27, 2024)


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What is Lohakit Metal PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Lohakit Metal PCL's current share price is ฿4.14. Lohakit Metal PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ฿9.29. Lohakit Metal PCL's Cyclically Adjusted PS Ratio for today is 0.45.

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

BKK:LHK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.44   Max: 0.62
Current: 0.45

During the past years, Lohakit Metal PCL's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.22. And the median was 0.44.

BKK:LHK's Cyclically Adjusted PS Ratio is ranked better than
51.16% of 518 companies
in the Steel industry
Industry Median: 0.48 vs BKK:LHK: 0.45

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Lohakit Metal PCL's adjusted revenue per share data for the three months ended in Dec. 2023 was ฿1.701. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ฿9.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lohakit Metal PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lohakit Metal PCL's Cyclically Adjusted 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.

* Premium members only.

Lohakit Metal PCL Cyclically Adjusted PS Ratio Chart

Lohakit Metal PCL Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.22 0.38 0.44 0.52

Lohakit Metal PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted 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 0.52 0.52 0.48 0.48 0.47

Competitive Comparison of Lohakit Metal PCL's Cyclically Adjusted PS Ratio

For the Steel subindustry, Lohakit Metal PCL's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Lohakit Metal PCL's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lohakit Metal PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lohakit Metal PCL's Cyclically Adjusted PS Ratio falls into.



Lohakit Metal PCL Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Lohakit Metal PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.14/9.29
=0.45

* 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.

Lohakit Metal PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Lohakit Metal PCL's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.701/129.4194*129.4194
=1.701

Current CPI (Dec. 2023) = 129.4194.

Lohakit Metal PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.169 99.695 2.816
201406 2.013 100.560 2.591
201409 2.162 100.428 2.786
201412 2.248 99.070 2.937
201503 2.383 99.621 3.096
201506 2.052 100.684 2.638
201509 2.059 100.392 2.654
201512 1.951 99.792 2.530
201603 2.233 100.470 2.876
201606 1.945 101.688 2.475
201609 2.123 101.861 2.697
201612 2.191 101.863 2.784
201703 2.095 102.862 2.636
201706 2.116 103.349 2.650
201709 2.422 104.136 3.010
201712 2.097 104.011 2.609
201803 2.144 105.290 2.635
201806 2.229 106.317 2.713
201809 2.205 106.507 2.679
201812 2.067 105.998 2.524
201903 2.100 107.251 2.534
201906 1.879 108.070 2.250
201909 1.947 108.329 2.326
201912 1.657 108.420 1.978
202003 1.714 108.902 2.037
202006 1.075 108.767 1.279
202009 1.355 109.815 1.597
202012 1.679 109.897 1.977
202103 1.704 111.754 1.973
202106 1.718 114.631 1.940
202109 1.664 115.734 1.861
202112 1.809 117.630 1.990
202203 2.018 121.301 2.153
202206 1.815 125.017 1.879
202209 1.737 125.227 1.795
202212 1.757 125.222 1.816
202303 1.978 127.348 2.010
202306 1.600 128.729 1.609
202309 1.845 129.860 1.839
202312 1.701 129.419 1.701

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Lohakit Metal PCL  (BKK:LHK) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Lohakit Metal PCL Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Lohakit Metal PCL's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lohakit Metal PCL (BKK:LHK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
66/1 Moo 6 Suksawad Road, Phrapradaeng, Samutprakarn, Bangjak, THA, 10130
Lohakit Metal PCL is engaged in the processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. It offers cold and hot rolled, austenitic, ferritic, and specialized stainless-steel products; ornamental tubes, square and rectangular tubes, automotive pipe, electro-galvanized steel, and galvanized steel products. The company's operating segments include Production and Distribution; and Procurement and Distribution. The company generates the majority of its revenues from Production and Distribution.

Lohakit Metal PCL (BKK:LHK) Headlines

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