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Central Pattana PCL (BKK:CPN) Cyclically Adjusted PS Ratio : 7.22 (As of May. 27, 2024)


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What is Central Pattana PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Central Pattana PCL's current share price is ฿59.75. Central Pattana PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿8.27. Central Pattana PCL's Cyclically Adjusted PS Ratio for today is 7.22.

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

BKK:CPN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.57   Med: 9.26   Max: 18.33
Current: 7.22

During the past years, Central Pattana PCL's highest Cyclically Adjusted PS Ratio was 18.33. The lowest was 6.57. And the median was 9.26.

BKK:CPN's Cyclically Adjusted PS Ratio is ranked worse than
85.11% of 1370 companies
in the Real Estate industry
Industry Median: 1.725 vs BKK:CPN: 7.22

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.

Central Pattana PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿2.620. 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 ฿8.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Pattana PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Central Pattana 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.

Central Pattana PCL Cyclically Adjusted PS Ratio Chart

Central Pattana 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 11.19 8.00 8.54 9.67 8.73

Central Pattana 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 9.11 8.48 7.99 8.73 7.62

Competitive Comparison of Central Pattana PCL's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Central Pattana 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.


Central Pattana PCL's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Central Pattana PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Central Pattana 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.

Central Pattana PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=59.75/8.27
=7.22

* 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.

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

For example, Central Pattana 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)
=2.62/131.7762*131.7762
=2.620

Current CPI (Mar. 2024) = 131.7762.

Central Pattana PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.230 100.560 1.612
201409 1.283 100.428 1.683
201412 1.282 99.070 1.705
201503 1.284 99.621 1.698
201506 1.303 100.684 1.705
201509 1.353 100.392 1.776
201512 1.471 99.792 1.942
201603 1.516 100.470 1.988
201606 1.515 101.688 1.963
201609 1.544 101.861 1.997
201612 1.582 101.863 2.047
201703 1.605 102.862 2.056
201706 1.597 103.349 2.036
201709 1.583 104.136 2.003
201712 1.629 104.011 2.064
201803 1.664 105.290 2.083
201806 1.919 106.317 2.379
201809 1.865 106.507 2.307
201812 2.068 105.998 2.571
201903 1.862 107.251 2.288
201906 1.975 108.070 2.408
201909 2.033 108.329 2.473
201912 2.297 108.420 2.792
202003 1.839 108.902 2.225
202006 0.916 108.767 1.110
202009 1.623 109.815 1.948
202012 1.797 109.897 2.155
202103 1.443 111.754 1.702
202106 1.320 114.631 1.517
202109 1.020 115.734 1.161
202112 1.701 117.630 1.906
202203 1.737 121.301 1.887
202206 1.900 125.017 2.003
202209 2.008 125.227 2.113
202212 2.283 125.222 2.402
202303 2.245 127.348 2.323
202306 2.422 128.729 2.479
202309 2.663 129.860 2.702
202312 2.829 129.419 2.881
202403 2.620 131.776 2.620

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.


Central Pattana PCL  (BKK:CPN) 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.


Central Pattana PCL Cyclically Adjusted PS Ratio Related Terms

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


Central Pattana PCL (BKK:CPN) Business Description

Traded in Other Exchanges
Address
999/9 Rama I Road, 31-33 Floor, The Offices at Central World, Patumwan District, Patumwan Sub-District, Bangkok, THA, 10330
Central Pattana PCL develops and manages large-scale shopping complexes, office buildings, and hotels. The company segment includes Development of shopping center buildings, office building and condominiums for rent including provision of utility services, operator of play land and water theme park in the shopping center buildings; Food center services in the shopping centers; Hotel business and Real estate business for sales of land and houses and condominium units.

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