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Modernform Group PCL (BKK:MODERN) Cyclically Adjusted PS Ratio : (As of May. 21, 2024)


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What is Modernform Group PCL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Modernform Group PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Modernform Group 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.

Modernform Group PCL Cyclically Adjusted PS Ratio Chart

Modernform Group 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 0.51 0.64 0.77 0.68 0.51

Modernform Group 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 0.62 0.59 0.57 0.51 -

Competitive Comparison of Modernform Group PCL's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.


Modernform Group PCL's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Modernform Group 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.

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

For example, Modernform Group 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)
=0.61/131.7762*131.7762
=0.610

Current CPI (Mar. 2024) = 131.7762.

Modernform Group PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.678 100.560 2.199
201409 1.957 100.428 2.568
201412 -0.294 99.070 -0.391
201503 1.165 99.621 1.541
201506 1.242 100.684 1.626
201509 1.429 100.392 1.876
201512 1.234 99.792 1.630
201603 1.106 100.470 1.451
201606 0.941 101.688 1.219
201609 1.091 101.861 1.411
201612 1.187 101.863 1.536
201703 0.898 102.862 1.150
201706 0.888 103.349 1.132
201709 1.141 104.136 1.444
201712 1.182 104.011 1.498
201803 0.859 105.290 1.075
201806 1.047 106.317 1.298
201809 1.113 106.507 1.377
201812 1.387 105.998 1.724
201903 0.846 107.251 1.039
201906 0.923 108.070 1.125
201909 1.198 108.329 1.457
201912 1.179 108.420 1.433
202003 1.010 108.902 1.222
202006 0.923 108.767 1.118
202009 1.064 109.815 1.277
202012 0.912 109.897 1.094
202103 0.751 111.754 0.886
202106 0.776 114.631 0.892
202109 0.770 115.734 0.877
202112 0.889 117.630 0.996
202203 0.727 121.301 0.790
202206 0.632 125.017 0.666
202209 0.802 125.227 0.844
202212 0.789 125.222 0.830
202303 0.673 127.348 0.696
202306 0.824 128.729 0.844
202309 0.949 129.860 0.963
202312 0.864 129.419 0.880
202403 0.610 131.776 0.610

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.


Modernform Group PCL  (BKK:MODERN) 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.


Modernform Group PCL Cyclically Adjusted PS Ratio Related Terms

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Modernform Group PCL (BKK:MODERN) Business Description

Traded in Other Exchanges
N/A
Address
699 Srinakarindr Road, Modernform Tower, 1st - 4th Floor, Phatthanakan Subdistrict, Suan Luang District, Bangkok, THA, 10250
Modernform Group PCL is a Thailand-based company, involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business of which furniture business accounts for the majority of revenue. Its furniture business consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.

Modernform Group PCL (BKK:MODERN) Headlines

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