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Quality Houses PCL (BKK:QH) Cyclically Adjusted PS Ratio : 1.18 (As of Jun. 25, 2024)


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What is Quality Houses PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Quality Houses PCL's current share price is ฿1.88. Quality Houses PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿1.59. Quality Houses PCL's Cyclically Adjusted PS Ratio for today is 1.18.

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

BKK:QH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.42   Max: 2.21
Current: 1.17

During the past years, Quality Houses PCL's highest Cyclically Adjusted PS Ratio was 2.21. The lowest was 1.12. And the median was 1.42.

BKK:QH's Cyclically Adjusted PS Ratio is ranked better than
59.66% of 1371 companies
in the Real Estate industry
Industry Median: 1.73 vs BKK:QH: 1.17

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.

Quality Houses PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿0.177. 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 ฿1.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quality Houses PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Quality Houses 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.

Quality Houses PCL Cyclically Adjusted PS Ratio Chart

Quality Houses 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 1.57 1.47 1.37 1.36 1.41

Quality Houses 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 1.42 1.32 1.37 1.41 1.39

Competitive Comparison of Quality Houses PCL's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Quality Houses 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.


Quality Houses PCL's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Quality Houses PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Quality Houses 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.

Quality Houses PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.88/1.59
=1.18

* 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.

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

For example, Quality Houses 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)
=0.177/131.7762*131.7762
=0.177

Current CPI (Mar. 2024) = 131.7762.

Quality Houses PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.530 100.560 0.695
201409 0.600 100.428 0.787
201412 0.471 99.070 0.626
201503 0.367 99.621 0.485
201506 0.420 100.684 0.550
201509 0.402 100.392 0.528
201512 0.710 99.792 0.938
201603 0.486 100.470 0.637
201606 0.511 101.688 0.662
201609 0.421 101.861 0.545
201612 0.366 101.863 0.473
201703 0.322 102.862 0.413
201706 0.412 103.349 0.525
201709 0.478 104.136 0.605
201712 0.385 104.011 0.488
201803 0.302 105.290 0.378
201806 0.309 106.317 0.383
201809 0.416 106.507 0.515
201812 0.456 105.998 0.567
201903 0.321 107.251 0.394
201906 0.216 108.070 0.263
201909 0.246 108.329 0.299
201912 0.215 108.420 0.261
202003 0.176 108.902 0.213
202006 0.218 108.767 0.264
202009 0.232 109.815 0.278
202012 0.226 109.897 0.271
202103 0.189 111.754 0.223
202106 0.197 114.631 0.226
202109 0.148 115.734 0.169
202112 0.223 117.630 0.250
202203 0.195 121.301 0.212
202206 0.213 125.017 0.225
202209 0.227 125.227 0.239
202212 0.236 125.222 0.248
202303 0.193 127.348 0.200
202306 0.217 128.729 0.222
202309 0.222 129.860 0.225
202312 0.204 129.419 0.208
202403 0.177 131.776 0.177

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.


Quality Houses PCL  (BKK:QH) 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.


Quality Houses PCL Cyclically Adjusted PS Ratio Related Terms

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


Quality Houses PCL (BKK:QH) Business Description

Industry
Traded in Other Exchanges
Address
No. 1 South Sathorn Road, 7th Floor, Q. House Lumpini Building, Tungmahamek, Sathorn, Bangkok, THA, 10120
Quality Houses PCL is a real estate development company. The company divides its business operations into four revenue-generating segments - The real estate business is comprised of the sales of land & houses and the sales of condominium units. The Hotel business segment relates to the service of residential buildings. The rental business segment relates to the rental of office buildings. The Others segment consists of providing management services for buildings and investing in the business. The real estate business generates a majority of the company's revenue. The company operates solely in Thailand.