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CK Power PCL (BKK:CKP) Cyclically Adjusted PS Ratio : 3.06 (As of May. 27, 2024)


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What is CK Power PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-27), CK Power PCL's current share price is ฿3.98. CK Power PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿1.30. CK Power PCL's Cyclically Adjusted PS Ratio for today is 3.06.

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

BKK:CKP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.43   Med: 3.62   Max: 4.83
Current: 3.08

During the past years, CK Power PCL's highest Cyclically Adjusted PS Ratio was 4.83. The lowest was 2.43. And the median was 3.62.

BKK:CKP's Cyclically Adjusted PS Ratio is ranked worse than
65.4% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.87 vs BKK:CKP: 3.08

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.

CK Power PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿0.289. 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 ฿1.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CK Power PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CK Power 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.

CK Power PCL Cyclically Adjusted PS Ratio Chart

CK Power 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 - - 4.35 3.62 2.53

CK Power 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 3.22 2.69 2.52 2.53 3.16

Competitive Comparison of CK Power PCL's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, CK Power 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.


CK Power PCL's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CK Power PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CK Power 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.

CK Power PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.98/1.3
=3.06

* 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.

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

For example, CK Power 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)
=0.289/131.7762*131.7762
=0.289

Current CPI (Mar. 2024) = 131.7762.

CK Power PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.268 100.560 0.351
201409 0.313 100.428 0.411
201412 0.344 99.070 0.458
201503 0.300 99.621 0.397
201506 0.269 100.684 0.352
201509 0.203 100.392 0.266
201512 0.264 99.792 0.349
201603 0.210 100.470 0.275
201606 0.209 101.688 0.271
201609 0.245 101.861 0.317
201612 0.192 101.863 0.248
201703 0.184 102.862 0.236
201706 0.184 103.349 0.235
201709 0.309 104.136 0.391
201712 0.256 104.011 0.324
201803 0.247 105.290 0.309
201806 0.266 106.317 0.330
201809 0.403 106.507 0.499
201812 0.314 105.998 0.390
201903 0.326 107.251 0.401
201906 0.295 108.070 0.360
201909 0.229 108.329 0.279
201912 0.241 108.420 0.293
202003 0.201 108.902 0.243
202006 0.210 108.767 0.254
202009 0.248 109.815 0.298
202012 0.164 109.897 0.197
202103 0.244 111.754 0.288
202106 0.268 114.631 0.308
202109 0.295 115.734 0.336
202112 0.275 117.630 0.308
202203 0.297 121.301 0.323
202206 0.311 125.017 0.328
202209 0.414 125.227 0.436
202212 0.319 125.222 0.336
202303 0.314 127.348 0.325
202306 0.291 128.729 0.298
202309 0.305 129.860 0.310
202312 0.355 129.419 0.361
202403 0.289 131.776 0.289

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.


CK Power PCL  (BKK:CKP) 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.


CK Power PCL Cyclically Adjusted PS Ratio Related Terms

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


CK Power PCL (BKK:CKP) Business Description

Traded in Other Exchanges
N/A
Address
Sutthisarn Road, No. 587 Viriyathavorn Building, 19th Floor, Kwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CK Power PCL is a Thai electric utility company. The company's operating segment includes Generation of electricity from hydroelectric power, Generation of electricity from solar power and Generation of electricity from thermal power. It generates maximum revenue from the Generation of electricity from the thermal power segment.