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Thai Nakarin Hospital PCL (BKK:TNH-R) Cyclically Adjusted PS Ratio : 2.56 (As of Jun. 13, 2024)


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What is Thai Nakarin Hospital PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Thai Nakarin Hospital PCL's current share price is ฿34.83333. Thai Nakarin Hospital PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Oct. 2023 was ฿13.59. Thai Nakarin Hospital PCL's Cyclically Adjusted PS Ratio for today is 2.56.

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

BKK:TNH-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.27   Med: 2.92   Max: 4.31
Current: 2.56

During the past years, Thai Nakarin Hospital PCL's highest Cyclically Adjusted PS Ratio was 4.31. The lowest was 2.27. And the median was 2.92.

BKK:TNH-R's Cyclically Adjusted PS Ratio is ranked worse than
69.48% of 344 companies
in the Healthcare Providers & Services industry
Industry Median: 1.205 vs BKK:TNH-R: 2.56

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.

Thai Nakarin Hospital PCL's adjusted revenue per share data for the three months ended in Oct. 2023 was ฿3.867. 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 ฿13.59 for the trailing ten years ended in Oct. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Nakarin Hospital PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Thai Nakarin Hospital 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.

Thai Nakarin Hospital PCL Cyclically Adjusted PS Ratio Chart

Thai Nakarin Hospital PCL Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.65 3.20 2.79 2.84 2.64

Thai Nakarin Hospital PCL Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 2.83 2.80 2.75 2.64 2.56

Competitive Comparison of Thai Nakarin Hospital PCL's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Thai Nakarin Hospital 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.


Thai Nakarin Hospital PCL's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Thai Nakarin Hospital PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Thai Nakarin Hospital 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.

Thai Nakarin Hospital PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.83333/13.59
=2.56

* 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.

Thai Nakarin Hospital PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Oct. 2023 is calculated as:

For example, Thai Nakarin Hospital PCL's adjusted Revenue per Share data for the three months ended in Oct. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=3.867/129.8097*129.8097
=3.867

Current CPI (Oct. 2023) = 129.8097.

Thai Nakarin Hospital PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201401 2.166 98.692 2.849
201404 2.265 100.023 2.940
201407 2.168 100.520 2.800
201410 2.353 100.176 3.049
201501 2.340 98.604 3.081
201504 2.300 99.824 2.991
201507 2.396 100.691 3.089
201510 2.583 100.346 3.341
201601 2.635 99.957 3.422
201604 2.608 100.947 3.354
201607 2.656 101.524 3.396
201610 2.773 101.988 3.529
201701 2.684 102.456 3.401
201704 2.540 103.167 3.196
201707 2.837 103.278 3.566
201710 3.016 104.070 3.762
201801 3.037 104.578 3.770
201804 2.890 105.708 3.549
201807 2.915 106.324 3.559
201810 3.086 106.695 3.755
201901 2.981 106.200 3.644
201904 2.880 107.818 3.467
201907 3.026 108.250 3.629
201910 3.202 108.577 3.828
202001 3.067 108.841 3.658
202004 2.358 108.173 2.830
202007 2.534 109.318 3.009
202010 2.747 109.861 3.246
202101 2.722 110.364 3.202
202104 2.543 112.673 2.930
202107 3.343 115.183 3.768
202110 3.851 116.696 4.284
202201 3.701 118.619 4.050
202204 3.487 121.978 3.711
202207 3.333 125.002 3.461
202210 3.318 125.734 3.426
202301 3.280 126.223 3.373
202304 3.225 127.992 3.271
202307 3.481 128.974 3.504
202310 3.867 129.810 3.867

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.


Thai Nakarin Hospital PCL  (BKK:TNH-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.


Thai Nakarin Hospital PCL Cyclically Adjusted PS Ratio Related Terms

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


Thai Nakarin Hospital PCL (BKK:TNH-R) Business Description

Traded in Other Exchanges
Address
No. 345 Debaratna Road, km.3.5 Bangna Nuea, Bangna, Bangkok, THA, 10260
Thai Nakarin Hospital PCL is engaged in operating hospital in Thailand. It provides inpatient and outpatient services, and medical services. The company's operating units consists of an emergency department, X-ray unit, pharmacy department, physical therapy department, laboratory department and others.

Thai Nakarin Hospital PCL (BKK:TNH-R) Headlines

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