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Muangthai Capital PCL (BKK:MTC) Cyclically Adjusted PS Ratio : 7.89 (As of Jun. 09, 2024)


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What is Muangthai Capital PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Muangthai Capital PCL's current share price is ฿44.00. Muangthai Capital PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿5.58. Muangthai Capital PCL's Cyclically Adjusted PS Ratio for today is 7.89.

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

BKK:MTC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.78   Med: 8.15   Max: 9.11
Current: 7.88

During the past years, Muangthai Capital PCL's highest Cyclically Adjusted PS Ratio was 9.11. The lowest was 6.78. And the median was 8.15.

BKK:MTC's Cyclically Adjusted PS Ratio is ranked worse than
74.81% of 385 companies
in the Credit Services industry
Industry Median: 2.96 vs BKK:MTC: 7.88

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.

Muangthai Capital PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿2.482. 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 ฿5.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Muangthai Capital PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Muangthai Capital 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.

Muangthai Capital PCL Cyclically Adjusted PS Ratio Chart

Muangthai Capital 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 - - - 8.39 8.57

Muangthai Capital 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 7.32 8.03 6.98 8.57 8.46

Competitive Comparison of Muangthai Capital PCL's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Muangthai Capital 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.


Muangthai Capital PCL's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Muangthai Capital PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Muangthai Capital 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.

Muangthai Capital PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.00/5.58
=7.89

* 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.

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

For example, Muangthai Capital 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)
=2.482/131.7762*131.7762
=2.482

Current CPI (Mar. 2024) = 131.7762.

Muangthai Capital PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.121 100.560 0.159
201409 0.127 100.428 0.167
201412 0.204 99.070 0.271
201503 0.235 99.621 0.311
201506 0.261 100.684 0.342
201509 0.279 100.392 0.366
201512 0.321 99.792 0.424
201603 0.370 100.470 0.485
201606 0.433 101.688 0.561
201609 0.526 101.861 0.680
201612 0.611 101.863 0.790
201703 0.669 102.862 0.857
201706 0.761 103.349 0.970
201709 0.846 104.136 1.071
201712 0.920 104.011 1.166
201803 0.989 105.290 1.238
201806 1.074 106.317 1.331
201809 1.152 106.507 1.425
201812 1.173 105.998 1.458
201903 1.192 107.251 1.465
201906 1.277 108.070 1.557
201909 1.367 108.329 1.663
201912 1.416 108.420 1.721
202003 1.457 108.902 1.763
202006 1.485 108.767 1.799
202009 1.541 109.815 1.849
202012 1.619 109.897 1.941
202103 1.605 111.754 1.893
202106 1.601 114.631 1.840
202109 1.650 115.734 1.879
202112 1.723 117.630 1.930
202203 1.826 121.301 1.984
202206 1.980 125.017 2.087
202209 2.120 125.227 2.231
202212 2.027 125.222 2.133
202303 2.183 127.348 2.259
202306 2.351 128.729 2.407
202309 2.355 129.860 2.390
202312 2.431 129.419 2.475
202403 2.482 131.776 2.482

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.


Muangthai Capital PCL  (BKK:MTC) 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.


Muangthai Capital PCL Cyclically Adjusted PS Ratio Related Terms

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


Muangthai Capital PCL (BKK:MTC) Business Description

Traded in Other Exchanges
Address
No. 332/1 Charansanitwong Road, Bangplad, Bangplad, Bangkok, THA, 10700
Muangthai Capital PCL primarily provides loans to consumers in Thailand. The company makes both unsecured personal loans as well as secured loans for specific items. Muangthai's secured loans are generally for cars, motorcycles, agricultural equipment, or land that then serve as collateral. Roughly 85% of the company's total revenue is from interest and fees on the loans, and nearly all the company's revenue is attributable to loans. A very small portion of revenue comes from the company's insurance brokerage business. Muangthai operates exclusively in Thailand.