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Pacific Pipe PCL (BKK:PAP) Cyclically Adjusted PS Ratio : 0.14 (As of Jun. 20, 2024)


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What is Pacific Pipe PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Pacific Pipe PCL's current share price is ฿2.10. Pacific Pipe PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿14.79. Pacific Pipe PCL's Cyclically Adjusted PS Ratio for today is 0.14.

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

BKK:PAP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.27   Max: 0.55
Current: 0.14

During the past years, Pacific Pipe PCL's highest Cyclically Adjusted PS Ratio was 0.55. The lowest was 0.14. And the median was 0.27.

BKK:PAP's Cyclically Adjusted PS Ratio is ranked better than
88.57% of 525 companies
in the Steel industry
Industry Median: 0.47 vs BKK:PAP: 0.14

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.

Pacific Pipe PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿3.669. 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 ฿14.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacific Pipe PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pacific Pipe 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.

Pacific Pipe PCL Cyclically Adjusted PS Ratio Chart

Pacific Pipe 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 0.19 0.30 0.35 0.26 0.18

Pacific Pipe 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 0.22 0.22 0.19 0.18 0.16

Competitive Comparison of Pacific Pipe PCL's Cyclically Adjusted PS Ratio

For the Steel subindustry, Pacific Pipe 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.


Pacific Pipe PCL's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Pacific Pipe PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Pacific Pipe 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.

Pacific Pipe PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.10/14.79
=0.14

* 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.

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

For example, Pacific Pipe 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)
=3.669/131.7762*131.7762
=3.669

Current CPI (Mar. 2024) = 131.7762.

Pacific Pipe PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.866 100.560 3.756
201409 2.289 100.428 3.004
201412 2.192 99.070 2.916
201503 2.624 99.621 3.471
201506 2.631 100.684 3.443
201509 2.610 100.392 3.426
201512 2.159 99.792 2.851
201603 2.718 100.470 3.565
201606 2.676 101.688 3.468
201609 2.666 101.861 3.449
201612 2.564 101.863 3.317
201703 2.784 102.862 3.567
201706 2.498 103.349 3.185
201709 3.210 104.136 4.062
201712 3.107 104.011 3.936
201803 3.742 105.290 4.683
201806 3.072 106.317 3.808
201809 3.758 106.507 4.650
201812 3.276 105.998 4.073
201903 3.738 107.251 4.593
201906 3.482 108.070 4.246
201909 3.538 108.329 4.304
201912 3.090 108.420 3.756
202003 3.109 108.902 3.762
202006 2.722 108.767 3.298
202009 2.696 109.815 3.235
202012 2.587 109.897 3.102
202103 3.756 111.754 4.429
202106 3.626 114.631 4.168
202109 3.368 115.734 3.835
202112 3.719 117.630 4.166
202203 4.082 121.301 4.435
202206 3.693 125.017 3.893
202209 3.385 125.227 3.562
202212 3.149 125.222 3.314
202303 4.134 127.348 4.278
202306 3.186 128.729 3.261
202309 3.090 129.860 3.136
202312 2.806 129.419 2.857
202403 3.669 131.776 3.669

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.


Pacific Pipe PCL  (BKK:PAP) 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.


Pacific Pipe PCL Cyclically Adjusted PS Ratio Related Terms

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


Pacific Pipe PCL (BKK:PAP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 298, 298/2 Soi Klabcharoen, Suksawat Road, Pakklongbangplakod, Phrasamutjedi, Samutprakarn, THA, 10290
Pacific Pipe PCL is engaged in manufacturing and distributing steel pipes for construction work. The one reportable operating segment of the company is the manufacture and distribution of steel pipes, structural steel and contract of steel productions for construction work and the single geographical area of its operations is Thailand.

Pacific Pipe PCL (BKK:PAP) Headlines

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