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Forth PCL (BKK:FORTH-R) Cyclically Adjusted PS Ratio : 0.77 (As of Jul. 16, 2025)


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What is Forth PCL Cyclically Adjusted PS Ratio?

As of today (2025-07-16), Forth PCL's current share price is ฿7.28599. Forth PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was ฿9.48. Forth PCL's Cyclically Adjusted PS Ratio for today is 0.77.

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

BKK:FORTH-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.09   Max: 7.94
Current: 0.8

During the past years, Forth PCL's highest Cyclically Adjusted PS Ratio was 7.94. The lowest was 0.69. And the median was 1.09.

BKK:FORTH-R's Cyclically Adjusted PS Ratio is ranked better than
50.89% of 448 companies
in the Conglomerates industry
Industry Median: 0.825 vs BKK:FORTH-R: 0.80

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.

Forth PCL's adjusted revenue per share data for the three months ended in Dec. 2024 was ฿2.126. 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 ฿9.48 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forth PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Forth 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.

Forth PCL Cyclically Adjusted PS Ratio Chart

Forth 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 0.88 2.94 4.08 2.67 1.15

Forth PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.67 1.92 1.30 1.49 1.15

Competitive Comparison of Forth PCL's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Forth 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.


Forth PCL's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Forth PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Forth 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.28599/9.48
=0.77

* 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.

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

For example, Forth PCL's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.126/133.1571*133.1571
=2.126

Current CPI (Dec. 2024) = 133.1571.

Forth PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.187 99.621 1.587
201506 1.199 100.684 1.586
201509 1.368 100.392 1.814
201512 1.477 99.792 1.971
201603 1.253 100.470 1.661
201606 1.322 101.688 1.731
201609 1.378 101.861 1.801
201612 1.529 101.863 1.999
201703 1.585 102.862 2.052
201706 1.936 103.349 2.494
201709 1.868 104.136 2.389
201712 1.851 104.011 2.370
201803 1.993 105.290 2.520
201806 1.812 106.317 2.269
201809 1.885 106.507 2.357
201812 2.451 105.998 3.079
201903 1.674 107.251 2.078
201906 1.729 108.070 2.130
201909 1.704 108.329 2.095
201912 1.696 108.420 2.083
202003 1.556 108.902 1.903
202006 1.585 108.767 1.940
202009 1.883 109.815 2.283
202012 2.159 109.897 2.616
202103 2.061 111.754 2.456
202106 2.166 114.631 2.516
202109 2.121 115.734 2.440
202112 2.811 117.630 3.182
202203 2.184 121.301 2.397
202206 2.362 125.017 2.516
202209 2.822 125.227 3.001
202212 2.716 125.222 2.888
202303 2.680 127.348 2.802
202306 2.919 128.729 3.019
202309 2.514 129.860 2.578
202312 2.035 129.419 2.094
202403 2.151 131.776 2.174
202406 2.602 132.554 2.614
202409 2.883 133.029 2.886
202412 2.126 133.157 2.126

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.


Forth PCL  (BKK:FORTH-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.


Forth PCL Cyclically Adjusted PS Ratio Related Terms

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


Forth PCL Business Description

Traded in Other Exchanges
Address
1053/1, Phaholyothin Road, Phayathai Sub-district, Phayathai District, Bangkok, THA, 10400
Forth Corp PCL is engaged in the manufacture and distribution of electronic equipment and project work relating to design and install telecommunication equipment. The company is organized into business units based on its products and services and have three reportable segments as follows - Electronics Manufacturing Service segment derives maximum revenue, it designs manufactures of consigns and turnkey projects, and sales of semiconductor electronic parts. Enterprise solutions business segment that bids for project work, sources, subcontracts and install various systems for the government and private sectors. The Smart service business segment provides online financial transaction services and sells products and services through vending machines. The company operates in Thailand only.

Forth PCL Headlines

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