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Indorama Ventures PCL (BKK:IVL) Cyclically Adjusted PS Ratio : 0.24 (As of Jun. 20, 2024)


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What is Indorama Ventures PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Indorama Ventures PCL's current share price is ฿19.80. Indorama Ventures PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿81.89. Indorama Ventures PCL's Cyclically Adjusted PS Ratio for today is 0.24.

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

BKK:IVL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.62   Max: 1.31
Current: 0.24

During the past years, Indorama Ventures PCL's highest Cyclically Adjusted PS Ratio was 1.31. The lowest was 0.24. And the median was 0.62.

BKK:IVL's Cyclically Adjusted PS Ratio is ranked better than
92.17% of 1214 companies
in the Chemicals industry
Industry Median: 1.21 vs BKK:IVL: 0.24

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.

Indorama Ventures PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿24.206. 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 ฿81.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indorama Ventures PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Indorama Ventures 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.

Indorama Ventures PCL Cyclically Adjusted PS Ratio Chart

Indorama Ventures 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 0.67 0.66 0.68 0.55 0.34

Indorama Ventures 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 0.45 0.44 0.33 0.34 0.29

Competitive Comparison of Indorama Ventures PCL's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Indorama Ventures 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.


Indorama Ventures PCL's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Indorama Ventures 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.80/81.89
=0.24

* 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.

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

For example, Indorama Ventures 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)
=24.206/131.7762*131.7762
=24.206

Current CPI (Mar. 2024) = 131.7762.

Indorama Ventures PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.300 100.560 17.429
201409 13.212 100.428 17.336
201412 11.346 99.070 15.092
201503 11.146 99.621 14.744
201506 12.717 100.684 16.644
201509 12.948 100.392 16.996
201512 11.939 99.792 15.765
201603 11.874 100.470 15.574
201606 13.861 101.688 17.962
201609 13.592 101.861 17.584
201612 13.562 101.863 17.545
201703 14.883 102.862 19.067
201706 14.885 103.349 18.979
201709 14.345 104.136 18.153
201712 9.576 104.011 12.132
201803 14.088 105.290 17.632
201806 15.114 106.317 18.733
201809 17.197 106.507 21.277
201812 16.282 105.998 20.242
201903 17.065 107.251 20.967
201906 16.902 108.070 20.610
201909 15.046 108.329 18.303
201912 13.805 108.420 16.779
202003 16.390 108.902 19.833
202006 13.360 108.767 16.186
202009 14.430 109.815 17.316
202012 14.865 109.897 17.824
202103 17.483 111.754 20.615
202106 19.824 114.631 22.789
202109 22.601 115.734 25.734
202112 23.467 117.630 26.289
202203 26.174 121.301 28.434
202206 33.260 125.017 35.058
202209 31.843 125.227 33.508
202212 25.610 125.222 26.950
202303 24.326 127.348 25.172
202306 24.475 128.729 25.054
202309 24.642 129.860 25.006
202312 22.995 129.419 23.414
202403 24.206 131.776 24.206

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.


Indorama Ventures PCL  (BKK:IVL) 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.


Indorama Ventures PCL Cyclically Adjusted PS Ratio Related Terms

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


Indorama Ventures PCL (BKK:IVL) Business Description

Traded in Other Exchanges
Address
Asoke Road, Klongtoeynua, 37th Floor, Soi Sukhumvit 19, 75/102, Ocean Tower II, Wattana, Bangkok, THA, 10110
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives, and Fibers. The maximum revenue is derived from the Combined PET segment.

Indorama Ventures PCL (BKK:IVL) Headlines

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