GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kasikornbank Public Co Ltd (SGX:TKKD) » Definitions » Cyclically Adjusted PS Ratio

Kasikornbank Public Co (SGX:TKKD) Cyclically Adjusted PS Ratio : (As of Jun. 05, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Kasikornbank Public Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kasikornbank Public Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kasikornbank Public Co'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.

Kasikornbank Public Co Cyclically Adjusted PS Ratio Chart

Kasikornbank Public Co 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 2.40 1.73 1.97 1.88 1.62

Kasikornbank Public Co 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 1.65 1.59 1.53 1.62 1.46

Competitive Comparison of Kasikornbank Public Co's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Kasikornbank Public Co'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.


Kasikornbank Public Co's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kasikornbank Public Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kasikornbank Public Co's Cyclically Adjusted PS Ratio falls into.



Kasikornbank Public Co 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.

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

For example, Kasikornbank Public Co'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)
=0.786/131.7762*131.7762
=0.786

Current CPI (Mar. 2024) = 131.7762.

Kasikornbank Public Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.578 100.560 0.757
201409 0.613 100.428 0.804
201412 0.627 99.070 0.834
201503 0.672 99.621 0.889
201506 0.661 100.684 0.865
201509 0.640 100.392 0.840
201512 0.624 99.792 0.824
201603 0.678 100.470 0.889
201606 0.635 101.688 0.823
201609 0.651 101.861 0.842
201612 0.674 101.863 0.872
201703 0.684 102.862 0.876
201706 0.703 103.349 0.896
201709 0.718 104.136 0.909
201712 0.705 104.011 0.893
201803 0.720 105.290 0.901
201806 0.742 106.317 0.920
201809 0.707 106.507 0.875
201812 0.704 105.998 0.875
201903 0.668 107.251 0.821
201906 0.762 108.070 0.929
201909 0.789 108.329 0.960
201912 0.955 108.420 1.161
202003 0.704 108.902 0.852
202006 0.795 108.767 0.963
202009 0.676 109.815 0.811
202012 0.813 109.897 0.975
202103 0.739 111.754 0.871
202106 0.752 114.631 0.864
202109 0.689 115.734 0.785
202112 0.744 117.630 0.833
202203 0.701 121.301 0.762
202206 0.721 125.017 0.760
202209 0.673 125.227 0.708
202212 0.922 125.222 0.970
202303 0.765 127.348 0.792
202306 0.837 128.729 0.857
202309 0.754 129.860 0.765
202312 1.012 129.419 1.030
202403 0.786 131.776 0.786

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.


Kasikornbank Public Co  (SGX:TKKD) 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.


Kasikornbank Public Co Cyclically Adjusted PS Ratio Related Terms

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


Kasikornbank Public Co (SGX:TKKD) Business Description

Address
400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

Kasikornbank Public Co (SGX:TKKD) Headlines

No Headlines