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Navakij Insurance PCL (BKK:NKI) Cyclically Adjusted PS Ratio : 0.30 (As of Jun. 10, 2024)


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What is Navakij Insurance PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Navakij Insurance PCL's current share price is ฿25.75. Navakij Insurance PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿85.60. Navakij Insurance PCL's Cyclically Adjusted PS Ratio for today is 0.30.

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

BKK:NKI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.67   Max: 0.9
Current: 0.3

During the past years, Navakij Insurance PCL's highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.30. And the median was 0.67.

BKK:NKI's Cyclically Adjusted PS Ratio is ranked better than
87.41% of 405 companies
in the Insurance industry
Industry Median: 0.97 vs BKK:NKI: 0.30

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.

Navakij Insurance PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿21.695. 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 ฿85.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Navakij Insurance PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Navakij Insurance 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.

Navakij Insurance PCL Cyclically Adjusted PS Ratio Chart

Navakij Insurance 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 0.75 0.66 0.56 0.38 0.32

Navakij Insurance 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 0.42 0.38 0.34 0.32 0.32

Competitive Comparison of Navakij Insurance PCL's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Navakij Insurance 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.


Navakij Insurance PCL's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Navakij Insurance 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.

Navakij Insurance PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.75/85.6
=0.30

* 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.

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

For example, Navakij Insurance 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)
=21.695/131.7762*131.7762
=21.695

Current CPI (Mar. 2024) = 131.7762.

Navakij Insurance PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 15.045 100.560 19.715
201409 14.966 100.428 19.638
201412 16.961 99.070 22.560
201503 16.261 99.621 21.510
201506 17.110 100.684 22.394
201509 18.587 100.392 24.398
201512 20.616 99.792 27.223
201603 19.632 100.470 25.749
201606 18.836 101.688 24.409
201609 19.009 101.861 24.592
201612 17.000 101.863 21.992
201703 15.985 102.862 20.478
201706 16.463 103.349 20.991
201709 15.228 104.136 19.270
201712 16.073 104.011 20.364
201803 14.818 105.290 18.546
201806 15.936 106.317 19.752
201809 16.051 106.507 19.859
201812 16.054 105.998 19.958
201903 15.479 107.251 19.019
201906 17.264 108.070 21.051
201909 16.162 108.329 19.660
201912 18.589 108.420 22.593
202003 12.869 108.902 15.572
202006 18.623 108.767 22.563
202009 18.705 109.815 22.446
202012 19.432 109.897 23.301
202103 18.427 111.754 21.728
202106 17.902 114.631 20.580
202109 18.835 115.734 21.446
202112 19.793 117.630 22.173
202203 17.999 121.301 19.553
202206 18.602 125.017 19.608
202209 19.718 125.227 20.749
202212 20.736 125.222 21.821
202303 19.306 127.348 19.977
202306 21.806 128.729 22.322
202309 22.075 129.860 22.401
202312 21.949 129.419 22.349
202403 21.695 131.776 21.695

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.


Navakij Insurance PCL  (BKK:NKI) 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.


Navakij Insurance PCL Cyclically Adjusted PS Ratio Related Terms

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


Navakij Insurance PCL (BKK:NKI) Business Description

Traded in Other Exchanges
N/A
Address
100/47-55, and 90/3-6, North Sathorn Road, Sathon Thani Complex, Floor 26-27, 100/50-55, Silom, Bangrak, Bangkok, THA, 10500
Navakij Insurance PCL is a Thailand-based company engaged in the provision of non-life insurance. The different kinds of insurance offered by the company include Motor Insurance, Fire Insurance, Marine and Transportation Insurance, and miscellaneous Insurance. The Company operates its business in Thailand only.

Navakij Insurance PCL (BKK:NKI) Headlines

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