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Bangkok Commercial Property Fund (BKK:BKKCP) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is Bangkok Commercial Property Fund Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Commercial Property Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bangkok Commercial Property Fund'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.

Bangkok Commercial Property Fund Cyclically Adjusted PS Ratio Chart

Bangkok Commercial Property Fund 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 11.00 9.58 8.41 7.64 6.96

Bangkok Commercial Property Fund 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 7.62 7.58 7.25 6.96 -

Competitive Comparison of Bangkok Commercial Property Fund's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, Bangkok Commercial Property Fund'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.


Bangkok Commercial Property Fund's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bangkok Commercial Property Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bangkok Commercial Property Fund's Cyclically Adjusted PS Ratio falls into.



Bangkok Commercial Property Fund 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.

Bangkok Commercial Property Fund's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bangkok Commercial Property Fund'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)
=0.271/131.7762*131.7762
=0.271

Current CPI (Mar. 2024) = 131.7762.

Bangkok Commercial Property Fund Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.269 100.560 0.353
201409 0.265 100.428 0.348
201412 0.259 99.070 0.345
201503 0.265 99.621 0.351
201506 0.268 100.684 0.351
201509 0.270 100.392 0.354
201512 0.267 99.792 0.353
201603 0.263 100.470 0.345
201606 0.266 101.688 0.345
201609 0.269 101.861 0.348
201612 0.295 101.863 0.382
201703 0.292 102.862 0.374
201706 0.289 103.349 0.368
201709 0.296 104.136 0.375
201712 0.307 104.011 0.389
201803 0.315 105.290 0.394
201806 0.314 106.317 0.389
201809 0.317 106.507 0.392
201812 0.320 105.998 0.398
201903 0.316 107.251 0.388
201906 0.318 108.070 0.388
201909 0.308 108.329 0.375
201912 0.321 108.420 0.390
202003 0.326 108.902 0.394
202006 0.315 108.767 0.382
202009 0.291 109.815 0.349
202012 0.320 109.897 0.384
202103 0.291 111.754 0.343
202106 0.295 114.631 0.339
202109 0.250 115.734 0.285
202112 0.230 117.630 0.258
202203 0.258 121.301 0.280
202206 0.282 125.017 0.297
202209 0.281 125.227 0.296
202212 0.292 125.222 0.307
202303 0.282 127.348 0.292
202306 0.271 128.729 0.277
202309 0.271 129.860 0.275
202312 0.272 129.419 0.277
202403 0.271 131.776 0.271

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.


Bangkok Commercial Property Fund  (BKK:BKKCP) 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.


Bangkok Commercial Property Fund Cyclically Adjusted PS Ratio Related Terms

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Bangkok Commercial Property Fund (BKK:BKKCP) Business Description

Traded in Other Exchanges
N/A
Address
9 Rama 1 Road, 989 Siam Piwat Tower, 24th Floor, Patumwan, Bangkok, THA, 10330
Bangkok Commercial Property Fund is a closed-end fund investing in property and property lease rights. The primary objective of the fund is to maintain an appropriate capital structure in order to provide returns for unitholders in accordance with the fund's establishment objective. The company invests in properties such as office suites and commercial apartments in Charn Issara Tower and Charn Issara Tower II. Geographically it operates through the region of Thailand.

Bangkok Commercial Property Fund (BKK:BKKCP) Headlines

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