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Apex Development PCL (BKK:APEX) Cyclically Adjusted Revenue per Share : ฿0.23 (As of Dec. 2022)


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What is Apex Development PCL Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Apex Development PCL's adjusted revenue per share for the three months ended in Dec. 2022 was ฿0.002. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ฿0.23 for the trailing ten years ended in Dec. 2022.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-06-24), Apex Development PCL's current stock price is ฿0.04. Apex Development PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 was ฿0.23. Apex Development PCL's Cyclically Adjusted PS Ratio of today is 0.17.


Apex Development PCL Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Apex Development PCL's Cyclically Adjusted Revenue per Share 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.

Apex Development PCL Cyclically Adjusted Revenue per Share Chart

Apex Development PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.21 0.21 0.22 0.23

Apex Development PCL Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Cyclically Adjusted Revenue per Share 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 0.22 0.22 - - 0.23

Competitive Comparison of Apex Development PCL's Cyclically Adjusted Revenue per Share

For the Real Estate - Development subindustry, Apex Development 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.


Apex Development PCL's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Apex Development PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Apex Development PCL Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Apex Development PCL's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.002/125.2218*125.2218
=0.002

Current CPI (Dec. 2022) = 125.2218.

Apex Development PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.000 98.209 0.000
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 0.000 98.326 0.000
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.341 100.428 0.425
201412 0.000 99.070 0.000
201503 0.058 99.621 0.073
201506 0.022 100.684 0.027
201509 0.129 100.392 0.161
201512 0.080 99.792 0.100
201603 0.072 100.470 0.090
201606 0.055 101.688 0.068
201609 0.058 101.861 0.071
201612 0.065 101.863 0.080
201703 0.034 102.862 0.041
201706 0.014 103.349 0.017
201709 0.045 104.136 0.054
201712 0.014 104.011 0.017
201803 0.038 105.290 0.045
201806 0.007 106.317 0.008
201809 0.006 106.507 0.007
201812 0.008 105.998 0.009
201903 0.013 107.251 0.015
201906 0.006 108.070 0.007
201909 0.000 108.329 0.000
201912 0.004 108.420 0.005
202003 0.105 108.902 0.121
202006 0.000 108.767 0.000
202009 0.012 109.815 0.014
202012 0.009 109.897 0.010
202103 0.147 111.754 0.165
202106 0.006 114.631 0.007
202109 0.006 115.734 0.006
202112 0.010 117.630 0.011
202203 0.011 121.301 0.011
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.002 125.222 0.002

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Apex Development PCL  (BKK:APEX) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Apex Development PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.04/0.23
=0.17

* 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.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Apex Development PCL Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Apex Development PCL's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Apex Development PCL (BKK:APEX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
18th floor, Zone A, Ploenjit Road, 900 Tonson tower, Lumpini, Pathumwan, Bangkok, THA, 10330
Apex Development PCL develops real estate for sale and operation for types of condominiums and hotels and operation of rental management. The company develops and sells residential properties, commercial buildings, hotels, retirement, and medical care resorts, and shopping complexes to investors and individual buyers. A majority of the revenue is derived from the real estate development business. Moreover, APEX provides service for the customer to operate apartments and villas for rent, whereas APEX will charge a management fee and pay the investment return to the customer as a contract.