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Varopakorn PCL (BKK:VARO) Cyclically Adjusted PS Ratio : 0.14 (As of Jun. 20, 2024)


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What is Varopakorn PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Varopakorn PCL's current share price is ฿3.16. Varopakorn PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿22.93. Varopakorn PCL's Cyclically Adjusted PS Ratio for today is 0.14.

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

BKK:VARO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.3   Max: 0.78
Current: 0.14

During the past years, Varopakorn PCL's highest Cyclically Adjusted PS Ratio was 0.78. The lowest was 0.13. And the median was 0.30.

BKK:VARO's Cyclically Adjusted PS Ratio is ranked better than
94.17% of 583 companies
in the Metals & Mining industry
Industry Median: 1.2 vs BKK:VARO: 0.14

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.

Varopakorn PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿7.550. 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 ฿22.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Varopakorn PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Varopakorn 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.

Varopakorn PCL Cyclically Adjusted PS Ratio Chart

Varopakorn 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 0.36 0.21 0.26 0.37 0.18

Varopakorn 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 0.19 0.25 0.18 0.14

Competitive Comparison of Varopakorn PCL's Cyclically Adjusted PS Ratio

For the Aluminum subindustry, Varopakorn 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.


Varopakorn PCL's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Varopakorn PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Varopakorn 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.16/22.93
=0.14

* 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.

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

For example, Varopakorn 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)
=7.55/131.7762*131.7762
=7.550

Current CPI (Mar. 2024) = 131.7762.

Varopakorn PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.895 100.560 5.104
201409 3.985 100.428 5.229
201412 4.149 99.070 5.519
201503 4.014 99.621 5.310
201506 4.199 100.684 5.496
201509 3.281 100.392 4.307
201512 3.457 99.792 4.565
201603 3.628 100.470 4.758
201606 4.117 101.688 5.335
201609 3.303 101.861 4.273
201612 3.597 101.863 4.653
201703 4.419 102.862 5.661
201706 4.251 103.349 5.420
201709 3.250 104.136 4.113
201712 3.722 104.011 4.716
201803 4.649 105.290 5.819
201806 4.728 106.317 5.860
201809 4.769 106.507 5.900
201812 3.837 105.998 4.770
201903 3.634 107.251 4.465
201906 4.016 108.070 4.897
201909 3.938 108.329 4.790
201912 4.119 108.420 5.006
202003 2.939 108.902 3.556
202006 2.088 108.767 2.530
202009 1.689 109.815 2.027
202012 3.483 109.897 4.176
202103 4.857 111.754 5.727
202106 5.505 114.631 6.328
202109 6.189 115.734 7.047
202112 8.254 117.630 9.247
202203 10.843 121.301 11.779
202206 10.051 125.017 10.594
202209 9.374 125.227 9.864
202212 7.251 125.222 7.631
202303 7.457 127.348 7.716
202306 5.982 128.729 6.124
202309 5.494 129.860 5.575
202312 5.709 129.419 5.813
202403 7.550 131.776 7.550

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.


Varopakorn PCL  (BKK:VARO) 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.


Varopakorn PCL Cyclically Adjusted PS Ratio Related Terms

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


Varopakorn PCL (BKK:VARO) Business Description

Traded in Other Exchanges
N/A
Address
181 Soi Amorn, Nanglinchee Road, Chongnonsri, Yannawa, Bangkok, THA, 10120
Varopakorn PCL is engaged in the manufacturing and distribution of semi-finished aluminum products in Thailand. Its Aluminium rolled products have been developed to be of standard quality and wider range, such as Bare Finstock, Precoated Finstock, Capstocks, Foil, Coil, Sheet, and Automotive Fin. It generates revenue from Thailand, Asia, America, Europe, and Oceania.

Varopakorn PCL (BKK:VARO) Headlines

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