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Thanachart Capital PCL (BKK:TCAP-P-R) Cyclically Adjusted PS Ratio : (As of Jul. 05, 2025)


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What is Thanachart Capital PCL Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thanachart Capital PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Thanachart 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.

Thanachart Capital PCL Cyclically Adjusted PS Ratio Chart

Thanachart Capital PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.21 1.38 1.73 1.93

Thanachart Capital PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.81 1.63 1.87 1.93 1.94

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

For the Credit Services subindustry, Thanachart 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.


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

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

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


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Thanachart 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.

Thanachart Capital PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Thanachart Capital PCL's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.982/134.9266*134.9266
=3.982

Current CPI (Mar. 2025) = 134.9266.

Thanachart Capital PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 9.576 100.684 12.833
201509 9.444 100.392 12.693
201512 9.595 99.792 12.973
201603 9.446 100.470 12.685
201606 9.338 101.688 12.390
201609 9.579 101.861 12.688
201612 9.758 101.863 12.925
201703 9.461 102.862 12.410
201706 9.950 103.349 12.990
201709 10.283 104.136 13.323
201712 10.219 104.011 13.256
201803 10.438 105.290 13.376
201806 10.595 106.317 13.446
201809 9.822 106.507 12.443
201812 -19.234 105.998 -24.483
201903 3.103 107.251 3.904
201906 2.895 108.070 3.614
201909 3.541 108.329 4.410
201912 2.400 108.420 2.987
202003 6.106 108.902 7.565
202006 2.967 108.767 3.681
202009 2.882 109.815 3.541
202012 3.202 109.897 3.931
202103 3.133 111.754 3.783
202106 3.434 114.631 4.042
202109 3.612 115.734 4.211
202112 4.091 117.630 4.693
202203 3.107 121.301 3.456
202206 3.529 125.017 3.809
202209 3.300 125.227 3.556
202212 3.507 125.222 3.779
202303 3.735 127.348 3.957
202306 3.661 128.729 3.837
202309 3.804 129.860 3.952
202312 3.645 129.419 3.800
202403 4.024 131.776 4.120
202406 3.792 132.554 3.860
202409 3.728 133.029 3.781
202412 3.921 133.157 3.973
202503 3.982 134.927 3.982

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.


Thanachart Capital PCL  (BKK:TCAP-P-R) 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.


Thanachart Capital PCL Cyclically Adjusted PS Ratio Related Terms

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


Thanachart Capital PCL Business Description

Traded in Other Exchanges
Address
Phayathai Road, 444, 16-17th Floor, MBK Tower, Wangmai, Pathumwan, Bangkok, THA, 10330
Thanachart Capital PCL is an investment holding company domiciled in Thailand. Through its subsidiaries, it operates in different reportable operating business segments such as; non-performing assets management business, securities business, asset management business, leasing and hire purchase business, non-life insurance business, life insurance business, and others. The majority of the company's revenue is generated from its Leasing and Hire purchase business which provides auto hire purchase and financial lease services with a focus on the auto market for new and used cars markets for passenger cars as well as vehicles for commercial purposes, such as pick-ups, taxis, truck tractors and lorries, etc.

Thanachart Capital PCL Headlines

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