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Advanced Information Technology PCL (BKK:AIT) Cyclically Adjusted PS Ratio : 0.70 (As of May. 21, 2024)


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What is Advanced Information Technology PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Advanced Information Technology PCL's current share price is ฿4.48. Advanced Information Technology PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿6.39. Advanced Information Technology PCL's Cyclically Adjusted PS Ratio for today is 0.70.

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

BKK:AIT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.72   Max: 1.34
Current: 0.7

During the past years, Advanced Information Technology PCL's highest Cyclically Adjusted PS Ratio was 1.34. The lowest was 0.49. And the median was 0.72.

BKK:AIT's Cyclically Adjusted PS Ratio is ranked better than
75.45% of 1446 companies
in the Software industry
Industry Median: 1.87 vs BKK:AIT: 0.70

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.

Advanced Information Technology PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿1.089. 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 ฿6.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Information Technology PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Advanced Information Technology 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.

Advanced Information Technology PCL Cyclically Adjusted PS Ratio Chart

Advanced Information Technology 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 0.59 0.56 1.16 0.94 0.59

Advanced Information Technology 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 0.89 0.71 0.70 0.59 0.77

Competitive Comparison of Advanced Information Technology PCL's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Advanced Information Technology 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.


Advanced Information Technology PCL's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Advanced Information Technology PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Advanced Information Technology PCL's Cyclically Adjusted PS Ratio falls into.



Advanced Information Technology 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.

Advanced Information Technology PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.48/6.39
=0.70

* 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.

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

For example, Advanced Information Technology 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)
=1.089/131.7762*131.7762
=1.089

Current CPI (Mar. 2024) = 131.7762.

Advanced Information Technology PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.399 100.560 3.144
201409 1.193 100.428 1.565
201412 0.907 99.070 1.206
201503 1.280 99.621 1.693
201506 1.296 100.684 1.696
201509 1.099 100.392 1.443
201512 1.364 99.792 1.801
201603 1.072 100.470 1.406
201606 1.176 101.688 1.524
201609 1.082 101.861 1.400
201612 0.887 101.863 1.147
201703 1.100 102.862 1.409
201706 1.298 103.349 1.655
201709 1.573 104.136 1.991
201712 1.223 104.011 1.549
201803 1.019 105.290 1.275
201806 0.981 106.317 1.216
201809 1.009 106.507 1.248
201812 1.055 105.998 1.312
201903 1.215 107.251 1.493
201906 1.683 108.070 2.052
201909 1.720 108.329 2.092
201912 2.182 108.420 2.652
202003 1.185 108.902 1.434
202006 1.112 108.767 1.347
202009 2.130 109.815 2.556
202012 1.996 109.897 2.393
202103 1.760 111.754 2.075
202106 1.989 114.631 2.286
202109 1.430 115.734 1.628
202112 1.542 117.630 1.727
202203 0.946 121.301 1.028
202206 1.217 125.017 1.283
202209 1.350 125.227 1.421
202212 1.164 125.222 1.225
202303 0.859 127.348 0.889
202306 1.123 128.729 1.150
202309 1.120 129.860 1.137
202312 1.204 129.419 1.226
202403 1.089 131.776 1.089

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.


Advanced Information Technology PCL  (BKK:AIT) 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.


Advanced Information Technology PCL Cyclically Adjusted PS Ratio Related Terms

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


Advanced Information Technology PCL (BKK:AIT) Business Description

Traded in Other Exchanges
N/A
Address
37/2 Suthisarnvinijchai Road, Samsaennok, Huaykwang, Bangkok, THA, 10320
Advanced Information Technology PCL is engaged in the sale, design, installation, service, ongoing repair and maintenance, training, lump-sum turnkey for information and communication technology network systems, and the renting of computers and electronic equipment. The company operates in two business segments: Sales and Service and revenue from construction contracts; and Rental of Equipment. The majority of its revenue comes from Sale and Service and Revenue from the construction contracts segment. The company offers its services only to the Thailand region.