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KPN Tower Property Fund (BKK:KPNPF) Cyclically Adjusted PS Ratio : 3.37 (As of Jun. 04, 2024)


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What is KPN Tower Property Fund Cyclically Adjusted PS Ratio?

As of today (2024-06-04), KPN Tower Property Fund's current share price is ฿3.00. KPN Tower Property Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ฿0.89. KPN Tower Property Fund's Cyclically Adjusted PS Ratio for today is 3.37.

The historical rank and industry rank for KPN Tower Property Fund's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:KPNPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.37   Med: 4.25   Max: 5.72
Current: 3.37

During the past 11 years, KPN Tower Property Fund's highest Cyclically Adjusted PS Ratio was 5.72. The lowest was 3.37. And the median was 4.25.

BKK:KPNPF's Cyclically Adjusted PS Ratio is ranked better than
66.6% of 491 companies
in the REITs industry
Industry Median: 4.94 vs BKK:KPNPF: 3.37

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.

KPN Tower Property Fund's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ฿0.475. 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 ฿0.89 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


KPN Tower Property Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for KPN Tower Property Fund'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.

KPN Tower Property Fund Cyclically Adjusted PS Ratio Chart

KPN Tower Property Fund 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 - - - 5.53 4.25

KPN Tower Property Fund 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 - - - 4.25 -

Competitive Comparison of KPN Tower Property Fund's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, KPN Tower Property Fund'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.


KPN Tower Property Fund's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KPN Tower Property Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where KPN Tower Property Fund's Cyclically Adjusted PS Ratio falls into.



KPN Tower Property Fund 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.

KPN Tower Property Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.00/0.89
=3.37

* 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.

KPN Tower Property Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, KPN Tower Property Fund's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.475/129.4194*129.4194
=0.475

Current CPI (Dec23) = 129.4194.

KPN Tower Property Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.851 99.070 1.112
201512 0.845 99.792 1.096
201612 0.855 101.863 1.086
201712 0.829 104.011 1.032
201812 0.778 105.998 0.950
201912 0.862 108.420 1.029
202012 0.761 109.897 0.896
202112 0.619 117.630 0.681
202212 0.518 125.222 0.535
202312 0.475 129.419 0.475

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.


KPN Tower Property Fund  (BKK:KPNPF) 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.


KPN Tower Property Fund Cyclically Adjusted PS Ratio Related Terms

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


KPN Tower Property Fund (BKK:KPNPF) Business Description

Traded in Other Exchanges
N/A
Address
719 Rama IX Road Bangkapi, Huaykwang, Bangkok, THA, 10310
KPN Tower Property Fund is a closed-end property fund. The fund raises funds, and invests it in property and generates benefits from such property. The company operates property investment business from which it derives the majority of the revenues from Thailand.

KPN Tower Property Fund (BKK:KPNPF) Headlines

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