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Wattana Karnpaet PCL (BKK:NEW) Cyclically Adjusted PS Ratio : 2.07 (As of May. 24, 2024)


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What is Wattana Karnpaet PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Wattana Karnpaet PCL's current share price is ฿88.00. Wattana Karnpaet PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿42.50. Wattana Karnpaet PCL's Cyclically Adjusted PS Ratio for today is 2.07.

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

BKK:NEW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.31   Med: 1.86   Max: 4.12
Current: 2.07

During the past years, Wattana Karnpaet PCL's highest Cyclically Adjusted PS Ratio was 4.12. The lowest was 1.31. And the median was 1.86.

BKK:NEW's Cyclically Adjusted PS Ratio is ranked worse than
63.13% of 339 companies
in the Healthcare Providers & Services industry
Industry Median: 1.22 vs BKK:NEW: 2.07

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.

Wattana Karnpaet PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿11.881. 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 ฿42.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wattana Karnpaet PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wattana Karnpaet 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.

Wattana Karnpaet PCL Cyclically Adjusted PS Ratio Chart

Wattana Karnpaet PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.89 1.45 3.03 2.65

Wattana Karnpaet PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.83 2.86 2.13 2.65 2.38

Competitive Comparison of Wattana Karnpaet PCL's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Wattana Karnpaet 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.


Wattana Karnpaet PCL's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wattana Karnpaet PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Wattana Karnpaet 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.

Wattana Karnpaet PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=88.00/42.5
=2.07

* 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.

Wattana Karnpaet PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Wattana Karnpaet PCL's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.881/131.7762*131.7762
=11.881

Current CPI (Mar. 2024) = 131.7762.

Wattana Karnpaet PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.639 100.560 8.700
201409 7.397 100.428 9.706
201412 7.411 99.070 9.858
201503 7.105 99.621 9.398
201506 7.543 100.684 9.872
201509 8.495 100.392 11.151
201512 8.585 99.792 11.337
201603 7.334 100.470 9.619
201606 6.890 101.688 8.929
201609 7.602 101.861 9.835
201612 7.596 101.863 9.827
201703 6.567 102.862 8.413
201706 7.021 103.349 8.952
201709 8.875 104.136 11.231
201712 7.390 104.011 9.363
201803 8.481 105.290 10.614
201806 8.862 106.317 10.984
201809 9.527 106.507 11.787
201812 8.738 105.998 10.863
201903 9.305 107.251 11.433
201906 8.574 108.070 10.455
201909 9.962 108.329 12.118
201912 9.124 108.420 11.090
202003 9.559 108.902 11.567
202006 5.760 108.767 6.978
202009 7.573 109.815 9.087
202012 7.699 109.897 9.232
202103 7.580 111.754 8.938
202106 7.017 114.631 8.066
202109 7.566 115.734 8.615
202112 10.602 117.630 11.877
202203 13.280 121.301 14.427
202206 12.432 125.017 13.104
202209 14.176 125.227 14.917
202212 11.772 125.222 12.388
202303 11.134 127.348 11.521
202306 11.480 128.729 11.752
202309 13.128 129.860 13.322
202312 11.610 129.419 11.821
202403 11.881 131.776 11.881

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.


Wattana Karnpaet PCL  (BKK:NEW) 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.


Wattana Karnpaet PCL Cyclically Adjusted PS Ratio Related Terms

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


Wattana Karnpaet PCL (BKK:NEW) Business Description

Traded in Other Exchanges
N/A
Address
70/7-8 Suphakitjanya Road, Mhakkang sub-district, Muang Udonthanee district, Udonthanee, THA, 41000
Wattana Karnpaet PCL is engaged in the operation of a hospital under the name North Eastern Wattana Hospital, It has a single segment of operation namely the hospital and medical trading business. The company earns revenue from hospital, revenue from sales of medicines, and revenue from hospital rooms which are derived from the provision of services to various types and a large number of customers. The company operates in a single geographic segment which is Thailand.

Wattana Karnpaet PCL (BKK:NEW) Headlines

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