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Fortune Parts Industry PCL (BKK:FPI) Cyclically Adjusted PS Ratio : 1.19 (As of May. 21, 2024)


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What is Fortune Parts Industry PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Fortune Parts Industry PCL's current share price is ฿2.04. Fortune Parts Industry PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ฿1.71. Fortune Parts Industry PCL's Cyclically Adjusted PS Ratio for today is 1.19.

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

BKK:FPI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.54   Max: 2.39
Current: 1.19

During the past years, Fortune Parts Industry PCL's highest Cyclically Adjusted PS Ratio was 2.39. The lowest was 0.91. And the median was 1.54.

BKK:FPI's Cyclically Adjusted PS Ratio is ranked worse than
64.36% of 999 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BKK:FPI: 1.19

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.

Fortune Parts Industry PCL's adjusted revenue per share data for the three months ended in Dec. 2023 was ฿0.433. 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 ฿1.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Parts Industry PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fortune Parts Industry 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.

Fortune Parts Industry PCL Cyclically Adjusted PS Ratio Chart

Fortune Parts Industry 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 - 0.98 2.19 1.86 1.45

Fortune Parts Industry PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.86 1.53 1.38 1.53 1.45

Competitive Comparison of Fortune Parts Industry PCL's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Fortune Parts Industry 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.


Fortune Parts Industry PCL's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fortune Parts Industry PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fortune Parts Industry 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.

Fortune Parts Industry PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.04/1.71
=1.19

* 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.

Fortune Parts Industry PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Fortune Parts Industry PCL's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.433/129.4194*129.4194
=0.433

Current CPI (Dec. 2023) = 129.4194.

Fortune Parts Industry PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.300 99.695 0.389
201406 0.370 100.560 0.476
201409 0.375 100.428 0.483
201412 0.423 99.070 0.553
201503 0.387 99.621 0.503
201506 0.359 100.684 0.461
201509 0.318 100.392 0.410
201512 0.355 99.792 0.460
201603 0.342 100.470 0.441
201606 0.361 101.688 0.459
201609 0.334 101.861 0.424
201612 0.414 101.863 0.526
201703 0.331 102.862 0.416
201706 0.373 103.349 0.467
201709 0.366 104.136 0.455
201712 0.343 104.011 0.427
201803 0.321 105.290 0.395
201806 0.332 106.317 0.404
201809 0.298 106.507 0.362
201812 0.346 105.998 0.422
201903 0.318 107.251 0.384
201906 0.342 108.070 0.410
201909 0.361 108.329 0.431
201912 0.360 108.420 0.430
202003 0.360 108.902 0.428
202006 0.226 108.767 0.269
202009 0.292 109.815 0.344
202012 0.349 109.897 0.411
202103 0.288 111.754 0.334
202106 0.367 114.631 0.414
202109 0.359 115.734 0.401
202112 0.424 117.630 0.466
202203 0.392 121.301 0.418
202206 0.434 125.017 0.449
202209 0.464 125.227 0.480
202212 0.467 125.222 0.483
202303 0.334 127.348 0.339
202306 0.430 128.729 0.432
202309 0.437 129.860 0.436
202312 0.433 129.419 0.433

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.


Fortune Parts Industry PCL  (BKK:FPI) 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.


Fortune Parts Industry PCL Cyclically Adjusted PS Ratio Related Terms

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


Fortune Parts Industry PCL (BKK:FPI) Business Description

Traded in Other Exchanges
N/A
Address
Nimitmai Road, 11/22 Moo 20, Lamlukka, Pathumthani, THA, 12150
Fortune Parts Industry PCL is engaged in the manufacture and distribution of automotive replacement parts, dipping, and painting services based in Thailand. It has three operating segments Domestic sales, which manufacture and domestic distribution of automotive parts and equipment; Export sales, which manufacture and overseas distribution of automotive parts and equipment; and Services from dipping and painting. Some of the products offered by the company are Plastic injection parts, Lamp and mirrors, Coolants, Engine and Break parts, among others. Export sales generate the majority of the revenue. Geographically, it makes sales in Thailand, Saudi Arabia, and other countries.

Fortune Parts Industry PCL (BKK:FPI) Headlines