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Nirvana Development PCL (BKK:NVD) Cyclically Adjusted PS Ratio : 0.78 (As of Jun. 09, 2024)


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What is Nirvana Development PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Nirvana Development PCL's current share price is ฿1.75. Nirvana Development PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ฿2.24. Nirvana Development PCL's Cyclically Adjusted PS Ratio for today is 0.78.

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

BKK:NVD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 0.84   Max: 0.87
Current: 0.78

During the past 10 years, Nirvana Development PCL's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.78. And the median was 0.84.

BKK:NVD's Cyclically Adjusted PS Ratio is ranked better than
68.84% of 1367 companies
in the Real Estate industry
Industry Median: 1.75 vs BKK:NVD: 0.78

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.

Nirvana Development PCL's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ฿1.290. 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 ฿2.24 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nirvana Development PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nirvana Development 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.

Nirvana Development PCL Cyclically Adjusted PS Ratio Chart

Nirvana Development 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 - - - - 0.88

Nirvana Development 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 - - - 0.88 -

Competitive Comparison of Nirvana Development PCL's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Nirvana Development 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.


Nirvana Development PCL's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nirvana Development PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nirvana Development 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.

Nirvana Development PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.75/2.24
=0.78

* 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.

Nirvana Development PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Nirvana Development PCL's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.29/129.4194*129.4194
=1.290

Current CPI (Dec23) = 129.4194.

Nirvana Development PCL Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.540 99.070 3.318
201512 3.094 99.792 4.013
201612 1.141 101.863 1.450
201712 1.787 104.011 2.224
201812 1.903 105.998 2.323
201912 1.743 108.420 2.081
202012 1.575 109.897 1.855
202112 1.946 117.630 2.141
202212 1.654 125.222 1.709
202312 1.290 129.419 1.290

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.


Nirvana Development PCL  (BKK:NVD) 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.


Nirvana Development PCL Cyclically Adjusted PS Ratio Related Terms

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


Nirvana Development PCL (BKK:NVD) Business Description

Traded in Other Exchanges
N/A
Address
343/351 Prasert Manukit Road, Nuanchan Sub-district, Buengkum District, Bangkok, THA, 10230
Nirvana Development PCL is engaged in the development of real estate for sale, construction services, and distribution of precast concrete products in Thailand. The operating business segments of the company are Real estate, Construction Services, and Others. The Real estate segment generates the majority of the revenue for the company.

Nirvana Development PCL (BKK:NVD) Headlines