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Mandarin Hotel PCL (BKK:MANRIN) Cyclically Adjusted PS Ratio : 2.87 (As of May. 28, 2024)


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What is Mandarin Hotel PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Mandarin Hotel PCL's current share price is ฿33.25. Mandarin Hotel PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿11.59. Mandarin Hotel PCL's Cyclically Adjusted PS Ratio for today is 2.87.

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

BKK:MANRIN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.1   Med: 2.86   Max: 6.3
Current: 2.87

During the past years, Mandarin Hotel PCL's highest Cyclically Adjusted PS Ratio was 6.30. The lowest was 2.10. And the median was 2.86.

BKK:MANRIN's Cyclically Adjusted PS Ratio is ranked worse than
72.85% of 641 companies
in the Travel & Leisure industry
Industry Median: 1.45 vs BKK:MANRIN: 2.87

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.

Mandarin Hotel PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿3.462. 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 ฿11.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mandarin Hotel PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mandarin Hotel 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.

Mandarin Hotel PCL Cyclically Adjusted PS Ratio Chart

Mandarin Hotel 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 3.84 3.28 2.39 2.55 2.59

Mandarin Hotel 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 2.57 2.60 2.57 2.59 2.80

Competitive Comparison of Mandarin Hotel PCL's Cyclically Adjusted PS Ratio

For the Lodging subindustry, Mandarin Hotel 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.


Mandarin Hotel PCL's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mandarin Hotel PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mandarin Hotel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.25/11.59
=2.87

* 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.

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

For example, Mandarin Hotel 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)
=3.462/131.7762*131.7762
=3.462

Current CPI (Mar. 2024) = 131.7762.

Mandarin Hotel PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.991 100.560 2.609
201409 2.839 100.428 3.725
201412 3.018 99.070 4.014
201503 3.014 99.621 3.987
201506 2.543 100.684 3.328
201509 2.842 100.392 3.730
201512 3.313 99.792 4.375
201603 3.321 100.470 4.356
201606 2.576 101.688 3.338
201609 3.095 101.861 4.004
201612 3.534 101.863 4.572
201703 3.361 102.862 4.306
201706 2.613 103.349 3.332
201709 3.050 104.136 3.860
201712 3.182 104.011 4.031
201803 3.389 105.290 4.242
201806 2.521 106.317 3.125
201809 3.140 106.507 3.885
201812 3.239 105.998 4.027
201903 3.384 107.251 4.158
201906 2.450 108.070 2.987
201909 3.295 108.329 4.008
201912 3.274 108.420 3.979
202003 2.288 108.902 2.769
202006 0.066 108.767 0.080
202009 0.629 109.815 0.755
202012 0.950 109.897 1.139
202103 0.346 111.754 0.408
202106 0.140 114.631 0.161
202109 0.060 115.734 0.068
202112 0.308 117.630 0.345
202203 0.541 121.301 0.588
202206 1.123 125.017 1.184
202209 1.886 125.227 1.985
202212 2.571 125.222 2.706
202303 2.815 127.348 2.913
202306 2.540 128.729 2.600
202309 3.355 129.860 3.405
202312 3.331 129.419 3.392
202403 3.462 131.776 3.462

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.


Mandarin Hotel PCL  (BKK:MANRIN) 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.


Mandarin Hotel PCL Cyclically Adjusted PS Ratio Related Terms

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


Mandarin Hotel PCL (BKK:MANRIN) Business Description

Traded in Other Exchanges
N/A
Address
662 Rama 4 Road, Mahaprutharam Subdistrict,, Bang Rak District, Bangkok, THA, 10500
Mandarin Hotel PCL is engaged in the hotel and resort business. The firm through its hotels and resorts provides accommodation, food and drink, a spa, a swimming pool, a fitness center, catering, and other related services. The company has two geographical segments; Hotel business and Hotel for lease, which operates only in Thailand.

Mandarin Hotel PCL (BKK:MANRIN) Headlines

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