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Asia Metal PCL (BKK:AMC) Cyclically Adjusted PS Ratio : 0.23 (As of May. 28, 2024)


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What is Asia Metal PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Asia Metal PCL's current share price is ฿3.26. Asia Metal PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿14.23. Asia Metal PCL's Cyclically Adjusted PS Ratio for today is 0.23.

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

BKK:AMC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.22   Max: 0.61
Current: 0.23

During the past years, Asia Metal PCL's highest Cyclically Adjusted PS Ratio was 0.61. The lowest was 0.09. And the median was 0.22.

BKK:AMC's Cyclically Adjusted PS Ratio is ranked better than
77.61% of 518 companies
in the Steel industry
Industry Median: 0.48 vs BKK:AMC: 0.23

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.

Asia Metal PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿4.500. 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 ฿14.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Metal PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia Metal 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.

Asia Metal PCL Cyclically Adjusted PS Ratio Chart

Asia Metal 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 0.15 0.19 0.37 0.22 0.24

Asia Metal 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 0.22 0.22 0.23 0.24 0.23

Competitive Comparison of Asia Metal PCL's Cyclically Adjusted PS Ratio

For the Steel subindustry, Asia Metal 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.


Asia Metal PCL's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Asia Metal 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.

Asia Metal PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.26/14.23
=0.23

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

For example, Asia Metal 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)
=4.5/131.7762*131.7762
=4.500

Current CPI (Mar. 2024) = 131.7762.

Asia Metal PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.349 100.560 3.078
201409 2.669 100.428 3.502
201412 2.752 99.070 3.661
201503 2.750 99.621 3.638
201506 2.214 100.684 2.898
201509 2.098 100.392 2.754
201512 1.787 99.792 2.360
201603 2.727 100.470 3.577
201606 2.766 101.688 3.584
201609 2.671 101.861 3.455
201612 2.446 101.863 3.164
201703 2.741 102.862 3.511
201706 3.161 103.349 4.030
201709 2.410 104.136 3.050
201712 2.237 104.011 2.834
201803 3.916 105.290 4.901
201806 2.604 106.317 3.228
201809 3.745 106.507 4.634
201812 2.807 105.998 3.490
201903 2.932 107.251 3.602
201906 2.789 108.070 3.401
201909 2.984 108.329 3.630
201912 2.516 108.420 3.058
202003 2.836 108.902 3.432
202006 2.198 108.767 2.663
202009 2.323 109.815 2.788
202012 2.254 109.897 2.703
202103 3.376 111.754 3.981
202106 5.078 114.631 5.837
202109 3.711 115.734 4.225
202112 3.959 117.630 4.435
202203 3.271 121.301 3.553
202206 3.053 125.017 3.218
202209 2.450 125.227 2.578
202212 2.765 125.222 2.910
202303 3.935 127.348 4.072
202306 3.855 128.729 3.946
202309 4.086 129.860 4.146
202312 4.204 129.419 4.281
202403 4.500 131.776 4.500

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.


Asia Metal PCL  (BKK:AMC) 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.


Asia Metal PCL Cyclically Adjusted PS Ratio Related Terms

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


Asia Metal PCL (BKK:AMC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
55, 55/1 Moo 2 Soi Watnamdaeng Srinakarin Road, Tambol Bangkaew, Amphur Bangplee, Samutprakarn, THA, 10540
Asia Metal PCL is engaged in producing and selling of processed steel products. Its subsidiaries operate to produce and provide steel cutting and modifying service and the another operates to produce and sell of processed steel products. Its products include coil rolls, pipes, bars, and tubes. It derives revenue from producing and selling of processed steel products and providing steel cutting and modifying service in Thailand.

Asia Metal PCL (BKK:AMC) Headlines

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