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Vanachai Group PCL (BKK:VNG-F) Cyclically Adjusted PS Ratio : 0.43 (As of Jun. 09, 2024)


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What is Vanachai Group PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Vanachai Group PCL's current share price is ฿12.63125. Vanachai Group PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿29.34. Vanachai Group PCL's Cyclically Adjusted PS Ratio for today is 0.43.

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

BKK:VNG-F' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.72   Max: 1.88
Current: 0.43

During the past years, Vanachai Group PCL's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 0.28. And the median was 0.72.

BKK:VNG-F's Cyclically Adjusted PS Ratio is ranked better than
60.08% of 248 companies
in the Forest Products industry
Industry Median: 0.585 vs BKK:VNG-F: 0.43

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.

Vanachai Group PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿1.776. 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 ฿29.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vanachai Group PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vanachai 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.

Vanachai Group PCL Cyclically Adjusted PS Ratio Chart

Vanachai 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 0.53 0.47 1.04 0.72 0.45

Vanachai 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 0.61 0.48 0.45 0.45 0.43

Competitive Comparison of Vanachai Group PCL's Cyclically Adjusted PS Ratio

For the Lumber & Wood Production subindustry, Vanachai 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.


Vanachai Group PCL's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vanachai 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.63125/29.34
=0.43

* 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.

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

For example, Vanachai 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)
=1.776/131.7762*131.7762
=1.776

Current CPI (Mar. 2024) = 131.7762.

Vanachai Group PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.801 100.560 2.360
201409 1.743 100.428 2.287
201412 1.829 99.070 2.433
201503 1.616 99.621 2.138
201506 1.640 100.684 2.146
201509 1.817 100.392 2.385
201512 1.500 99.792 1.981
201603 1.653 100.470 2.168
201606 1.635 101.688 2.119
201609 1.805 101.861 2.335
201612 1.659 101.863 2.146
201703 1.711 102.862 2.192
201706 1.856 103.349 2.367
201709 2.095 104.136 2.651
201712 1.823 104.011 2.310
201803 1.469 105.290 1.839
201806 1.618 106.317 2.005
201809 1.838 106.507 2.274
201812 1.321 105.998 1.642
201903 1.510 107.251 1.855
201906 1.395 108.070 1.701
201909 1.448 108.329 1.761
201912 1.260 108.420 1.531
202003 1.107 108.902 1.340
202006 1.311 108.767 1.588
202009 1.218 109.815 1.462
202012 1.320 109.897 1.583
202103 1.809 111.754 2.133
202106 1.566 114.631 1.800
202109 1.904 115.734 2.168
202112 2.207 117.630 2.472
202203 2.040 121.301 2.216
202206 2.289 125.017 2.413
202209 1.626 125.227 1.711
202212 1.617 125.222 1.702
202303 2.116 127.348 2.190
202306 2.012 128.729 2.060
202309 1.731 129.860 1.757
202312 2.246 129.419 2.287
202403 1.776 131.776 1.776

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.


Vanachai Group PCL  (BKK:VNG-F) 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.


Vanachai Group PCL Cyclically Adjusted PS Ratio Related Terms

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


Vanachai Group PCL (BKK:VNG-F) Business Description

Traded in Other Exchanges
Address
2/1 Wongsawang Road, Wongsawang, Bangsue, Bangkok, THA, 10800
Vanachai Group PCL is a building materials company that manufactures and distributes wood-based products. The company's primary products include board panels, particle boards, and wood substitutes. The company creates wood-based goods such as particleboards, medium density fiberboards (MDF boards), Doorskin and melamine laminated particleboards, which are distributed to both domestic and international markets. Vanachai also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.

Vanachai Group PCL (BKK:VNG-F) Headlines

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