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TISCO Financial Group PCL (BKK:TISCO) Cyclically Adjusted PS Ratio : 3.43 (As of May. 25, 2024)


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What is TISCO Financial Group PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-25), TISCO Financial Group PCL's current share price is ฿98.25. TISCO Financial Group PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿28.62. TISCO Financial Group PCL's Cyclically Adjusted PS Ratio for today is 3.43.

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

BKK:TISCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.69   Med: 3.7   Max: 4.77
Current: 3.43

During the past years, TISCO Financial Group PCL's highest Cyclically Adjusted PS Ratio was 4.77. The lowest was 2.69. And the median was 3.70.

BKK:TISCO's Cyclically Adjusted PS Ratio is ranked worse than
73.7% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs BKK:TISCO: 3.43

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.

TISCO Financial Group PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿6.164. 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 ฿28.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TISCO Financial Group PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TISCO Financial Group 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.

TISCO Financial Group PCL Cyclically Adjusted PS Ratio Chart

TISCO Financial Group 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 4.42 3.75 3.70 3.60 3.54

TISCO Financial Group 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 3.60 3.46 3.49 3.54 3.48

Competitive Comparison of TISCO Financial Group PCL's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, TISCO Financial Group 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.


TISCO Financial Group PCL's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TISCO Financial Group PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TISCO Financial Group 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.

TISCO Financial Group PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=98.25/28.62
=3.43

* 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.

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

For example, TISCO Financial Group 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)
=6.164/131.7762*131.7762
=6.164

Current CPI (Mar. 2024) = 131.7762.

TISCO Financial Group PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.244 100.560 6.872
201409 5.415 100.428 7.105
201412 5.304 99.070 7.055
201503 5.357 99.621 7.086
201506 5.404 100.684 7.073
201509 5.541 100.392 7.273
201512 5.606 99.792 7.403
201603 5.560 100.470 7.292
201606 5.415 101.688 7.017
201609 5.753 101.861 7.443
201612 5.673 101.863 7.339
201703 5.851 102.862 7.496
201706 5.545 103.349 7.070
201709 5.865 104.136 7.422
201712 6.902 104.011 8.744
201803 6.946 105.290 8.693
201806 6.386 106.317 7.915
201809 6.532 106.507 8.082
201812 6.270 105.998 7.795
201903 6.124 107.251 7.524
201906 6.137 108.070 7.483
201909 6.237 108.329 7.587
201912 7.090 108.420 8.617
202003 6.280 108.902 7.599
202006 5.367 108.767 6.502
202009 6.026 109.815 7.231
202012 6.353 109.897 7.618
202103 6.500 111.754 7.665
202106 6.011 114.631 6.910
202109 5.372 115.734 6.117
202112 6.161 117.630 6.902
202203 5.624 121.301 6.110
202206 5.809 125.017 6.123
202209 5.683 125.227 5.980
202212 6.186 125.222 6.510
202303 6.027 127.348 6.237
202306 6.220 128.729 6.367
202309 6.288 129.860 6.381
202312 6.324 129.419 6.439
202403 6.164 131.776 6.164

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.


TISCO Financial Group PCL  (BKK:TISCO) 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.


TISCO Financial Group PCL Cyclically Adjusted PS Ratio Related Terms

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


TISCO Financial Group PCL (BKK:TISCO) Business Description

Traded in Other Exchanges
Address
No. 48/49, North Sathorn Road, TISCO Tower, 21st Floor, Silom Sub-district, Bangrak District, Bangkok, THA, 10500
TISCO Financial Group PCL is a bank that provides commercial banking products and services. The company is headquartered in Thailand and generates revenue domestically. The bank separates itself into four segments: commercial banking and lending business, securities business, asset management, and support business. Of these, commercial banking provides the largest percentage of revenue. Services include deposits, accounts, car and home loans, investment services, insurance, business finance, capital markets, mergers and acquisitions, and debt restructuring.

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