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The Steel PCL (BKK:THE) Cyclically Adjusted PS Ratio : (As of May. 22, 2025)


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What is The Steel PCL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Steel PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Steel 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.

The Steel PCL Cyclically Adjusted PS Ratio Chart

The Steel 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 0.10 0.15 0.10 0.08 0.06

The Steel 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 0.08 0.07 0.07 0.06 -

Competitive Comparison of The Steel PCL's Cyclically Adjusted PS Ratio

For the Steel subindustry, The Steel 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.


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

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

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


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The Steel 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.

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

For example, The Steel 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)
=1.979/134.9266*134.9266
=1.979

Current CPI (Mar. 2025) = 134.9266.

The Steel PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 5.547 100.684 7.434
201509 3.958 100.392 5.320
201512 2.453 99.792 3.317
201603 4.026 100.470 5.407
201606 3.792 101.688 5.031
201609 2.770 101.861 3.669
201612 3.748 101.863 4.965
201703 2.940 102.862 3.856
201706 3.160 103.349 4.126
201709 3.940 104.136 5.105
201712 2.285 104.011 2.964
201803 3.503 105.290 4.489
201806 2.822 106.317 3.581
201809 2.587 106.507 3.277
201812 1.661 105.998 2.114
201903 2.200 107.251 2.768
201906 2.076 108.070 2.592
201909 2.362 108.329 2.942
201912 2.239 108.420 2.786
202003 1.613 108.902 1.998
202006 1.782 108.767 2.211
202009 1.697 109.815 2.085
202012 1.963 109.897 2.410
202103 2.933 111.754 3.541
202106 3.725 114.631 4.385
202109 3.501 115.734 4.082
202112 3.020 117.630 3.464
202203 3.330 121.301 3.704
202206 2.246 125.017 2.424
202209 1.956 125.227 2.108
202212 1.696 125.222 1.827
202303 1.955 127.348 2.071
202306 1.346 128.729 1.411
202309 1.702 129.860 1.768
202312 1.320 129.419 1.376
202403 1.750 131.776 1.792
202406 1.787 132.554 1.819
202409 1.875 133.029 1.902
202412 1.770 133.157 1.794
202503 1.979 134.927 1.979

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.


The Steel PCL  (BKK:THE) 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.


The Steel PCL Cyclically Adjusted PS Ratio Related Terms

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


The Steel PCL Business Description

Industry
Traded in Other Exchanges
N/A
Address
1401 Ekkachai Road, Bangbon Tai Sub-District, Bangbon District, Bangkok, THA, 10150
The Steel PCL supplies steel products and raw materials. Its products include hot-rolled coil, transformed steel such as coil slitting, steel sheets, hot-formed, cold-formed, steel rods, steel pipes, and other steel products. In addition, it is also involved in providing logistic services. The company operates in two reportable segments: Revenue from sales of steels, which accounts for a majority of its revenue, and Revenue from logistic services. Geographically, it is managed and operates principally in Thailand.

The Steel PCL Headlines

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