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Krung Thai Bank PCL (Krung Thai Bank PCL) Cyclically Adjusted PS Ratio : 1.31 (As of May. 21, 2024)


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What is Krung Thai Bank PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Krung Thai Bank PCL's current share price is $0.4449. Krung Thai Bank PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.34. Krung Thai Bank PCL's Cyclically Adjusted PS Ratio for today is 1.31.

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

KGTFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.78   Max: 2.81
Current: 1.63

During the past years, Krung Thai Bank PCL's highest Cyclically Adjusted PS Ratio was 2.81. The lowest was 1.02. And the median was 1.78.

KGTFF's Cyclically Adjusted PS Ratio is ranked better than
71.4% of 1196 companies
in the Banks industry
Industry Median: 2.4 vs KGTFF: 1.63

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.

Krung Thai Bank PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.080. 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 $0.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Krung Thai Bank PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Krung Thai Bank 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.

Krung Thai Bank PCL Cyclically Adjusted PS Ratio Chart

Krung Thai Bank 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 2.05 1.32 1.45 1.83 1.80

Krung Thai Bank 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 1.67 1.93 1.86 1.80 1.63

Competitive Comparison of Krung Thai Bank PCL's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Krung Thai Bank 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.


Krung Thai Bank PCL's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Krung Thai Bank 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.

Krung Thai Bank PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.4449/0.34
=1.31

* 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.

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

For example, Krung Thai Bank 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)
=0.08/131.7762*131.7762
=0.080

Current CPI (Mar. 2024) = 131.7762.

Krung Thai Bank PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.059 100.560 0.077
201409 0.058 100.428 0.076
201412 0.058 99.070 0.077
201503 0.058 99.621 0.077
201506 0.060 100.684 0.079
201509 0.057 100.392 0.075
201512 0.060 99.792 0.079
201603 0.061 100.470 0.080
201606 0.061 101.688 0.079
201609 0.064 101.861 0.083
201612 0.061 101.863 0.079
201703 0.062 102.862 0.079
201706 0.062 103.349 0.079
201709 0.064 104.136 0.081
201712 0.066 104.011 0.084
201803 0.067 105.290 0.084
201806 0.064 106.317 0.079
201809 0.063 106.507 0.078
201812 0.065 105.998 0.081
201903 0.075 107.251 0.092
201906 0.068 108.070 0.083
201909 0.070 108.329 0.085
201912 0.075 108.420 0.091
202003 0.068 108.902 0.082
202006 0.072 108.767 0.087
202009 0.067 109.815 0.080
202012 0.067 109.897 0.080
202103 0.066 111.754 0.078
202106 0.065 114.631 0.075
202109 0.061 115.734 0.069
202112 0.064 117.630 0.072
202203 0.063 121.301 0.068
202206 0.060 125.017 0.063
202209 0.060 125.227 0.063
202212 0.071 125.222 0.075
202303 0.073 127.348 0.076
202306 0.073 128.729 0.075
202309 0.077 129.860 0.078
202312 0.081 129.419 0.082
202403 0.080 131.776 0.080

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.


Krung Thai Bank PCL  (OTCPK:KGTFF) 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.


Krung Thai Bank PCL Cyclically Adjusted PS Ratio Related Terms

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


Krung Thai Bank PCL (Krung Thai Bank PCL) Business Description

Address
35 Sukhumvit Road, Klongtoey Nua Subdistrict, Wattana District, Bangkok, THA, 10110
Krung Thai Bank PCL engages in commercial banking business and conducts its business through a nationwide branch network and in certain centers of the world. The company has three segments which are Retail banking, Corporate banking and Treasury and investment. Majority of the revenue is earned from Retail banking segment.

Krung Thai Bank PCL (Krung Thai Bank PCL) Headlines

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