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Ratchthani Leasing PCL (BKK:THANI-F) Cyclically Adjusted PS Ratio : 2.70 (As of May. 17, 2024)


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What is Ratchthani Leasing PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Ratchthani Leasing PCL's current share price is ฿3.96364. Ratchthani Leasing PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿1.47. Ratchthani Leasing PCL's Cyclically Adjusted PS Ratio for today is 2.70.

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

BKK:THANI-F' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.49   Med: 5.48   Max: 10.04
Current: 2.87

During the past years, Ratchthani Leasing PCL's highest Cyclically Adjusted PS Ratio was 10.04. The lowest was 2.49. And the median was 5.48.

BKK:THANI-F's Cyclically Adjusted PS Ratio is ranked better than
50.53% of 374 companies
in the Credit Services industry
Industry Median: 2.98 vs BKK:THANI-F: 2.87

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.

Ratchthani Leasing PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿0.158. 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 ฿1.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ratchthani Leasing PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ratchthani Leasing 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.

Ratchthani Leasing PCL Cyclically Adjusted PS Ratio Chart

Ratchthani Leasing 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 6.74 5.88 5.57 4.80 2.90

Ratchthani Leasing 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 4.13 3.60 3.38 2.90 2.70

Competitive Comparison of Ratchthani Leasing PCL's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Ratchthani Leasing 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.


Ratchthani Leasing PCL's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



Ratchthani Leasing 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.

Ratchthani Leasing PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.96364/1.47
=2.70

* 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.

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

For example, Ratchthani Leasing 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)
=0.158/131.7762*131.7762
=0.158

Current CPI (Mar. 2024) = 131.7762.

Ratchthani Leasing PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.157 100.560 0.206
201409 0.157 100.428 0.206
201412 0.115 99.070 0.153
201503 0.150 99.621 0.198
201506 0.158 100.684 0.207
201509 0.160 100.392 0.210
201512 0.117 99.792 0.154
201603 0.167 100.470 0.219
201606 0.166 101.688 0.215
201609 0.167 101.861 0.216
201612 0.126 101.863 0.163
201703 0.176 102.862 0.225
201706 0.181 103.349 0.231
201709 0.187 104.136 0.237
201712 0.144 104.011 0.182
201803 0.203 105.290 0.254
201806 0.210 106.317 0.260
201809 0.217 106.507 0.268
201812 0.167 105.998 0.208
201903 0.228 107.251 0.280
201906 0.232 108.070 0.283
201909 0.235 108.329 0.286
201912 0.176 108.420 0.214
202003 0.241 108.902 0.292
202006 0.223 108.767 0.270
202009 0.226 109.815 0.271
202012 0.155 109.897 0.186
202103 0.150 111.754 0.177
202106 0.150 114.631 0.172
202109 0.162 115.734 0.184
202112 0.150 117.630 0.168
202203 0.154 121.301 0.167
202206 0.158 125.017 0.167
202209 0.163 125.227 0.172
202212 0.163 125.222 0.172
202303 0.166 127.348 0.172
202306 0.166 128.729 0.170
202309 0.165 129.860 0.167
202312 0.162 129.419 0.165
202403 0.158 131.776 0.158

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.


Ratchthani Leasing PCL  (BKK:THANI-F) 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.


Ratchthani Leasing PCL Cyclically Adjusted PS Ratio Related Terms

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


Ratchthani Leasing PCL (BKK:THANI-F) Business Description

Traded in Other Exchanges
Address
77/35-36, Krung Thon Buri, 11th UP Floor, Sinsathorn Tower, Klongtonsai, Klongsarn, Bangkok, THA, 10600
Ratchthani Leasing PCL is a public company incorporated and domiciled in Thailand. The company is principally engaged in providing financial services specifically hire-purchase and leasing. Ratchathani Leasing PCL is organized into business units based on its products and services and has three reportable segments, namely, New Cars, Used Cars, and Others. The company operates only in Thailand and generates a majority of its revenue from Hire purchase interest income.

Ratchthani Leasing PCL (BKK:THANI-F) Headlines

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