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Rayong Wire Industries PCL (BKK:RWI) Cyclically Adjusted PS Ratio : 0.27 (As of Jun. 09, 2024)


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What is Rayong Wire Industries PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Rayong Wire Industries PCL's current share price is ฿0.38. Rayong Wire Industries PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿1.39. Rayong Wire Industries PCL's Cyclically Adjusted PS Ratio for today is 0.27.

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

BKK:RWI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.47   Max: 0.54
Current: 0.27

During the past years, Rayong Wire Industries PCL's highest Cyclically Adjusted PS Ratio was 0.54. The lowest was 0.27. And the median was 0.47.

BKK:RWI's Cyclically Adjusted PS Ratio is ranked better than
65.77% of 523 companies
in the Steel industry
Industry Median: 0.48 vs BKK:RWI: 0.27

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.

Rayong Wire Industries PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿0.158. 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 ฿1.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rayong Wire Industries PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rayong Wire Industries 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.

Rayong Wire Industries PCL Cyclically Adjusted PS Ratio Chart

Rayong Wire Industries 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 - - - - 0.49

Rayong Wire Industries 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 - 0.49 0.51 0.49 0.43

Competitive Comparison of Rayong Wire Industries PCL's Cyclically Adjusted PS Ratio

For the Steel subindustry, Rayong Wire Industries 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.


Rayong Wire Industries PCL's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Rayong Wire Industries PCL's Cyclically Adjusted PS Ratio falls into.



Rayong Wire Industries 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.

Rayong Wire Industries PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.38/1.39
=0.27

* 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.

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

For example, Rayong Wire Industries 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)
=0.158/131.7762*131.7762
=0.158

Current CPI (Mar. 2024) = 131.7762.

Rayong Wire Industries PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.492 100.560 0.645
201409 0.508 100.428 0.667
201412 0.302 99.070 0.402
201503 0.271 99.621 0.358
201506 0.238 100.684 0.311
201509 0.233 100.392 0.306
201512 0.240 99.792 0.317
201603 0.244 100.470 0.320
201606 0.227 101.688 0.294
201609 0.197 101.861 0.255
201612 0.232 101.863 0.300
201703 0.355 102.862 0.455
201706 0.285 103.349 0.363
201709 0.308 104.136 0.390
201712 0.392 104.011 0.497
201803 0.412 105.290 0.516
201806 0.396 106.317 0.491
201809 0.413 106.507 0.511
201812 0.352 105.998 0.438
201903 0.329 107.251 0.404
201906 0.308 108.070 0.376
201909 0.214 108.329 0.260
201912 0.211 108.420 0.256
202003 0.202 108.902 0.244
202006 0.210 108.767 0.254
202009 0.253 109.815 0.304
202012 0.232 109.897 0.278
202103 0.351 111.754 0.414
202106 0.336 114.631 0.386
202109 0.289 115.734 0.329
202112 0.402 117.630 0.450
202203 0.316 121.301 0.343
202206 0.245 125.017 0.258
202209 0.210 125.227 0.221
202212 0.258 125.222 0.272
202303 0.248 127.348 0.257
202306 0.221 128.729 0.226
202309 0.226 129.860 0.229
202312 0.105 129.419 0.107
202403 0.158 131.776 0.158

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.


Rayong Wire Industries PCL  (BKK:RWI) 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.


Rayong Wire Industries PCL Cyclically Adjusted PS Ratio Related Terms

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


Rayong Wire Industries PCL (BKK:RWI) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, I-5 Road, Maptapud Industrial Estate, Maptapud, Muang, Rayong, Rayong, THA, 21150
Rayong Wire Industries PCL is a manufacturer of steel wire and mesh. The company manufactures and distributes prestressed wire, prestressed concrete strand wire and welding wire. The company operates in Thailand.

Rayong Wire Industries PCL (BKK:RWI) Headlines

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