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Asia Plus Group Holdings PCL (BKK:ASP-F) Cyclically Adjusted Price-to-FCF : 17.83 (As of Jun. 28, 2025)


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What is Asia Plus Group Holdings PCL Cyclically Adjusted Price-to-FCF?

As of today (2025-06-28), Asia Plus Group Holdings PCL's current share price is ฿1.07. Asia Plus Group Holdings PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ฿0.06. Asia Plus Group Holdings PCL's Cyclically Adjusted Price-to-FCF for today is 17.83.

The historical rank and industry rank for Asia Plus Group Holdings PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:ASP-F' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.6   Med: 28.25   Max: 284
Current: 17.74

During the past years, Asia Plus Group Holdings PCL's highest Cyclically Adjusted Price-to-FCF was 284.00. The lowest was 12.60. And the median was 28.25.

BKK:ASP-F's Cyclically Adjusted Price-to-FCF is ranked better than
57.14% of 224 companies
in the Capital Markets industry
Industry Median: 21.975 vs BKK:ASP-F: 17.74

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Asia Plus Group Holdings PCL's adjusted free cash flow per share data for the three months ended in Mar. 2025 was ฿-0.373. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ฿0.06 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Plus Group Holdings PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asia Plus Group Holdings PCL's Cyclically Adjusted Price-to-FCF 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.

Asia Plus Group Holdings PCL Cyclically Adjusted Price-to-FCF Chart

Asia Plus Group Holdings PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.20 - - 36.94 20.27

Asia Plus Group Holdings PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF 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 21.27 22.46 27.49 20.27 18.01

Competitive Comparison of Asia Plus Group Holdings PCL's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Asia Plus Group Holdings PCL's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Asia Plus Group Holdings PCL's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Asia Plus Group Holdings PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Asia Plus Group Holdings PCL's Cyclically Adjusted Price-to-FCF falls into.


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Asia Plus Group Holdings PCL Cyclically Adjusted Price-to-FCF Calculation

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

Asia Plus Group Holdings PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.07/0.06
=17.83

* 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.

Asia Plus Group Holdings PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Asia Plus Group Holdings PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.373/134.9266*134.9266
=-0.373

Current CPI (Mar. 2025) = 134.9266.

Asia Plus Group Holdings PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.916 100.684 1.228
201509 -0.567 100.392 -0.762
201512 0.048 99.792 0.065
201603 -0.086 100.470 -0.115
201606 0.203 101.688 0.269
201609 0.140 101.861 0.185
201612 -0.645 101.863 -0.854
201703 -0.129 102.862 -0.169
201706 0.154 103.349 0.201
201709 -0.189 104.136 -0.245
201712 -0.280 104.011 -0.363
201803 0.380 105.290 0.487
201806 0.934 106.317 1.185
201809 -0.039 106.507 -0.049
201812 0.535 105.998 0.681
201903 -0.206 107.251 -0.259
201906 -0.185 108.070 -0.231
201909 0.271 108.329 0.338
201912 -0.113 108.420 -0.141
202003 0.356 108.902 0.441
202006 -0.357 108.767 -0.443
202009 0.002 109.815 0.002
202012 -0.284 109.897 -0.349
202103 -1.174 111.754 -1.417
202106 -0.058 114.631 -0.068
202109 -0.261 115.734 -0.304
202112 -0.714 117.630 -0.819
202203 0.362 121.301 0.403
202206 -0.265 125.017 -0.286
202209 -0.012 125.227 -0.013
202212 0.228 125.222 0.246
202303 1.274 127.348 1.350
202306 0.510 128.729 0.535
202309 -0.924 129.860 -0.960
202312 0.698 129.419 0.728
202403 0.267 131.776 0.273
202406 0.022 132.554 0.022
202409 0.246 133.029 0.250
202412 0.427 133.157 0.433
202503 -0.373 134.927 -0.373

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Asia Plus Group Holdings PCL  (BKK:ASP-F) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Asia Plus Group Holdings PCL Cyclically Adjusted Price-to-FCF Related Terms

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Asia Plus Group Holdings PCL Business Description

Traded in Other Exchanges
Address
South Sathorn Road, No. 175, 3/1 Floor, Sathorn City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120
Asia Plus Group Holdings PCL is a Thailand-based company engaged in investing. It is involved in the business activities of securities brokerage, securities trading, investment advisory, underwriting, securities borrowing and lending, private fund management, mutual fund management, and venture capital management. All the business operations of the company are principally carried out in Thailand. The operating segments of the group are Securities and derivatives brokerage, Investment banking, Fund Management, Investment trading and others.

Asia Plus Group Holdings PCL Headlines

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