GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Thai Wire Products PCL (BKK:TWP-R) » Definitions » Cyclically Adjusted PS Ratio

Thai Wire Products PCL (BKK:TWP-R) Cyclically Adjusted PS Ratio : 0.24 (As of Jun. 07, 2024)


View and export this data going back to 1989. Start your Free Trial

What is Thai Wire Products PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Thai Wire Products PCL's current share price is ฿2.38889. Thai Wire Products PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿10.16. Thai Wire Products PCL's Cyclically Adjusted PS Ratio for today is 0.24.

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

BKK:TWP-R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.42   Max: 0.88
Current: 0.22

During the past years, Thai Wire Products PCL's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.21. And the median was 0.42.

BKK:TWP-R's Cyclically Adjusted PS Ratio is ranked better than
89.34% of 319 companies
in the Building Materials industry
Industry Median: 0.97 vs BKK:TWP-R: 0.22

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 Wire Products PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿1.751. 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 ฿10.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Wire Products PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Thai Wire Products 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 Wire Products PCL Cyclically Adjusted PS Ratio Chart

Thai Wire Products 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 0.30 0.28 0.42 0.37 0.24

Thai Wire Products 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 0.30 0.26 0.28 0.24 0.24

Competitive Comparison of Thai Wire Products PCL's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Thai Wire Products 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 Wire Products PCL's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Thai Wire Products PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Thai Wire Products 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 Wire Products PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.38889/10.16
=0.24

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

For example, Thai Wire Products 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)
=1.751/131.7762*131.7762
=1.751

Current CPI (Mar. 2024) = 131.7762.

Thai Wire Products PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.681 100.560 2.203
201409 1.670 100.428 2.191
201412 1.615 99.070 2.148
201503 1.779 99.621 2.353
201506 1.451 100.684 1.899
201509 1.562 100.392 2.050
201512 1.490 99.792 1.968
201603 1.375 100.470 1.803
201606 1.479 101.688 1.917
201609 1.335 101.861 1.727
201612 1.381 101.863 1.787
201703 1.637 102.862 2.097
201706 1.541 103.349 1.965
201709 1.919 104.136 2.428
201712 1.811 104.011 2.294
201803 2.047 105.290 2.562
201806 2.106 106.317 2.610
201809 2.749 106.507 3.401
201812 1.979 105.998 2.460
201903 2.073 107.251 2.547
201906 1.547 108.070 1.886
201909 2.136 108.329 2.598
201912 1.747 108.420 2.123
202003 1.558 108.902 1.885
202006 1.589 108.767 1.925
202009 1.558 109.815 1.870
202012 1.412 109.897 1.693
202103 1.881 111.754 2.218
202106 2.357 114.631 2.710
202109 1.909 115.734 2.174
202112 2.190 117.630 2.453
202203 2.352 121.301 2.555
202206 2.427 125.017 2.558
202209 2.017 125.227 2.122
202212 1.705 125.222 1.794
202303 1.832 127.348 1.896
202306 1.927 128.729 1.973
202309 1.707 129.860 1.732
202312 1.572 129.419 1.601
202403 1.751 131.776 1.751

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 Wire Products PCL  (BKK:TWP-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 Wire Products PCL Cyclically Adjusted PS Ratio Related Terms

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


Thai Wire Products PCL (BKK:TWP-R) Business Description

Traded in Other Exchanges
Address
101/88 Moo 20 Nava Nakorn Industrial Estate, Khlong Nueng, Khlong Luang, Pathum Thani, THA, 12120
Thai Wire Products PCL is a manufacturer and seller of prestressed concrete wire. The prestressed concrete single wire is used in various kinds of construction work demanding strength and durability due to the enormous weight involved. The company is also involved in production of steel wires and operates in Thailand.

Thai Wire Products PCL (BKK:TWP-R) Headlines

No Headlines