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AIRA Capital PCL (BKK:AIRA) Cyclically Adjusted PS Ratio : 10.47 (As of Jun. 13, 2024)


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What is AIRA Capital PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-13), AIRA Capital PCL's current share price is ฿1.78. AIRA Capital PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿0.17. AIRA Capital PCL's Cyclically Adjusted PS Ratio for today is 10.47.

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

BKK:AIRA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.12   Med: 10.85   Max: 11.71
Current: 10.31

During the past years, AIRA Capital PCL's highest Cyclically Adjusted PS Ratio was 11.71. The lowest was 9.12. And the median was 10.85.

BKK:AIRA's Cyclically Adjusted PS Ratio is ranked worse than
81.3% of 599 companies
in the Capital Markets industry
Industry Median: 3.08 vs BKK:AIRA: 10.31

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.

AIRA Capital PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿0.042. 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 ฿0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AIRA Capital PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AIRA Capital 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.

AIRA Capital PCL Cyclically Adjusted PS Ratio Chart

AIRA Capital 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 - - - - 11.70

AIRA Capital 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 - 10.84 11.56 11.70 11.11

Competitive Comparison of AIRA Capital PCL's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, AIRA Capital 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.


AIRA Capital PCL's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, AIRA Capital PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AIRA Capital 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.

AIRA Capital PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.78/0.17
=10.47

* 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.

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

For example, AIRA Capital 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)
=0.042/131.7762*131.7762
=0.042

Current CPI (Mar. 2024) = 131.7762.

AIRA Capital PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.040 100.560 0.052
201409 0.048 100.428 0.063
201412 0.051 99.070 0.068
201503 0.070 99.621 0.093
201506 0.029 100.684 0.038
201509 0.029 100.392 0.038
201512 0.025 99.792 0.033
201603 0.027 100.470 0.035
201606 0.032 101.688 0.041
201609 0.043 101.861 0.056
201612 0.039 101.863 0.050
201703 0.037 102.862 0.047
201706 0.026 103.349 0.033
201709 0.030 104.136 0.038
201712 0.034 104.011 0.043
201803 0.035 105.290 0.044
201806 0.031 106.317 0.038
201809 0.031 106.507 0.038
201812 0.030 105.998 0.037
201903 0.029 107.251 0.036
201906 0.029 108.070 0.035
201909 0.017 108.329 0.021
201912 0.030 108.420 0.036
202003 0.041 108.902 0.050
202006 0.033 108.767 0.040
202009 0.040 109.815 0.048
202012 0.048 109.897 0.058
202103 0.045 111.754 0.053
202106 0.035 114.631 0.040
202109 0.049 115.734 0.056
202112 0.042 117.630 0.047
202203 0.028 121.301 0.030
202206 0.032 125.017 0.034
202209 0.035 125.227 0.037
202212 0.038 125.222 0.040
202303 0.031 127.348 0.032
202306 0.048 128.729 0.049
202309 0.032 129.860 0.032
202312 0.042 129.419 0.043
202403 0.042 131.776 0.042

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.


AIRA Capital PCL  (BKK:AIRA) 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.


AIRA Capital PCL Cyclically Adjusted PS Ratio Related Terms

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


AIRA Capital PCL (BKK:AIRA) Business Description

Traded in Other Exchanges
N/A
Address
Phayathai Road, No. 319, Chamchuri Square, 12th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
AIRA Capital PCL is an investment firm providing a range of financial products under the approved licenses. It operates with five business segments namely Securities and investment business segment, which services a securities and derivatives brokerage, securities trading and investment; Advisory and investment banking segment, which services an investment and financial advisory, underwriting and private fund management; Factoring segment, which purchases account receivables; Rental and service business segment, which engages in finance lease, hire purchase and operating lease for industrial equipment and machines and property development which involves the development of properties. It derives majority income from brokerage fees, management fees and interest and dividends on investment.

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