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AP (Thailand) PCL (BKK:AP-R) Cyclically Adjusted PS Ratio : 0.69 (As of Jun. 28, 2025)


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What is AP (Thailand) PCL Cyclically Adjusted PS Ratio?

As of today (2025-06-28), AP (Thailand) PCL's current share price is ฿7.65. AP (Thailand) PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ฿11.08. AP (Thailand) PCL's Cyclically Adjusted PS Ratio for today is 0.69.

The historical rank and industry rank for AP (Thailand) PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:AP-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.05   Max: 1.49
Current: 0.53

During the past years, AP (Thailand) PCL's highest Cyclically Adjusted PS Ratio was 1.49. The lowest was 0.53. And the median was 1.05.

BKK:AP-R's Cyclically Adjusted PS Ratio is ranked better than
78.57% of 1302 companies
in the Real Estate industry
Industry Median: 1.92 vs BKK:AP-R: 0.53

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.

AP (Thailand) PCL's adjusted revenue per share data for the three months ended in Mar. 2025 was ฿2.447. 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 ฿11.08 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AP (Thailand) PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AP (Thailand) 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.

AP (Thailand) PCL Cyclically Adjusted PS Ratio Chart

AP (Thailand) PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 1.12 1.21 1.10 0.75

AP (Thailand) 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 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 1.02 0.74 0.93 0.75 0.69

Competitive Comparison of AP (Thailand) PCL's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, AP (Thailand) 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.


AP (Thailand) PCL's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AP (Thailand) PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where AP (Thailand) PCL's Cyclically Adjusted PS Ratio falls into.


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AP (Thailand) 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.

AP (Thailand) PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.65/11.08
=0.69

* 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.

AP (Thailand) PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, AP (Thailand) PCL's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.447/134.9266*134.9266
=2.447

Current CPI (Mar. 2025) = 134.9266.

AP (Thailand) PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.717 100.684 2.301
201509 1.748 100.392 2.349
201512 1.894 99.792 2.561
201603 1.326 100.470 1.781
201606 1.408 101.688 1.868
201609 1.414 101.861 1.873
201612 2.290 101.863 3.033
201703 1.335 102.862 1.751
201706 1.525 103.349 1.991
201709 1.570 104.136 2.034
201712 2.619 104.011 3.397
201803 1.753 105.290 2.246
201806 2.054 106.317 2.607
201809 2.154 106.507 2.729
201812 2.708 105.998 3.447
201903 2.476 107.251 3.115
201906 1.514 108.070 1.890
201909 1.871 108.329 2.330
201912 1.705 108.420 2.122
202003 1.716 108.902 2.126
202006 2.477 108.767 3.073
202009 2.909 109.815 3.574
202012 2.399 109.897 2.945
202103 2.894 111.754 3.494
202106 2.554 114.631 3.006
202109 2.274 115.734 2.651
202112 2.384 117.630 2.735
202203 3.448 121.301 3.835
202206 3.135 125.017 3.384
202209 2.855 125.227 3.076
202212 2.812 125.222 3.030
202303 2.991 127.348 3.169
202306 2.951 128.729 3.093
202309 3.200 129.860 3.325
202312 2.952 129.419 3.078
202403 2.524 131.776 2.584
202406 3.112 132.554 3.168
202409 3.162 133.029 3.207
202412 2.960 133.157 2.999
202503 2.447 134.927 2.447

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.


AP (Thailand) PCL  (BKK:AP-R) 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.


AP (Thailand) PCL Cyclically Adjusted PS Ratio Related Terms

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


AP (Thailand) PCL Business Description

Industry
Traded in Other Exchanges
Address
New Rajadapisek Road, No. 170/57, 18th Floor, Ocean Tower I Building, Klongtoey sub district, Klongtoey district, Bangkok, THA, 10110
AP (Thailand) PCL is principally engaged in real estate development and its subsidiaries operate in property development with a focus on residential projects including townhouses, single-detached houses, and condominiums. The company derives the vast majority of its income from property sales. AP's projects are mainly in central business districts and residential areas with easy access to public transportation in Bangkok.

AP (Thailand) PCL Headlines

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