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Chiangmai Frozen Foods PCL (BKK:CM) Cyclically Adjusted PS Ratio : 0.59 (As of Apr. 29, 2024)


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What is Chiangmai Frozen Foods PCL Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Chiangmai Frozen Foods PCL's current share price is ฿2.36. Chiangmai Frozen Foods PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ฿3.99. Chiangmai Frozen Foods PCL's Cyclically Adjusted PS Ratio for today is 0.59.

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

BKK:CM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.72   Max: 1.09
Current: 0.59

During the past years, Chiangmai Frozen Foods PCL's highest Cyclically Adjusted PS Ratio was 1.09. The lowest was 0.49. And the median was 0.72.

BKK:CM's Cyclically Adjusted PS Ratio is ranked better than
59.08% of 1366 companies
in the Consumer Packaged Goods industry
Industry Median: 0.8 vs BKK:CM: 0.59

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.

Chiangmai Frozen Foods PCL's adjusted revenue per share data for the three months ended in Dec. 2023 was ฿0.833. 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 ฿3.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chiangmai Frozen Foods PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chiangmai Frozen Foods 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.

Chiangmai Frozen Foods PCL Cyclically Adjusted PS Ratio Chart

Chiangmai Frozen Foods 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 0.71 0.71 0.72 0.64 0.55

Chiangmai Frozen Foods PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.64 0.58 0.49 0.55 0.55

Competitive Comparison of Chiangmai Frozen Foods PCL's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Chiangmai Frozen Foods 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.


Chiangmai Frozen Foods PCL's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chiangmai Frozen Foods PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Chiangmai Frozen Foods 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.

Chiangmai Frozen Foods PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.36/3.99
=0.59

* 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.

Chiangmai Frozen Foods PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Chiangmai Frozen Foods PCL's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.833/129.4194*129.4194
=0.833

Current CPI (Dec. 2023) = 129.4194.

Chiangmai Frozen Foods PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.795 98.326 1.046
201403 0.856 99.695 1.111
201406 1.061 100.560 1.365
201409 1.079 100.428 1.390
201412 0.759 99.070 0.992
201503 0.714 99.621 0.928
201506 1.090 100.684 1.401
201509 1.075 100.392 1.386
201512 0.801 99.792 1.039
201606 1.164 101.688 1.481
201609 1.039 101.861 1.320
201612 0.834 101.863 1.060
201703 0.874 102.862 1.100
201706 0.977 103.349 1.223
201709 0.948 104.136 1.178
201712 0.764 104.011 0.951
201803 0.711 105.290 0.874
201806 0.875 106.317 1.065
201809 0.888 106.507 1.079
201812 0.846 105.998 1.033
201903 0.584 107.251 0.705
201906 0.809 108.070 0.969
201909 0.826 108.329 0.987
201912 0.679 108.420 0.811
202003 0.785 108.902 0.933
202006 0.847 108.767 1.008
202009 0.680 109.815 0.801
202012 0.536 109.897 0.631
202103 0.588 111.754 0.681
202106 0.769 114.631 0.868
202109 0.775 115.734 0.867
202112 0.570 117.630 0.627
202203 0.920 121.301 0.982
202206 1.108 125.017 1.147
202209 0.725 125.227 0.749
202212 0.763 125.222 0.789
202303 0.767 127.348 0.779
202306 0.895 128.729 0.900
202309 0.787 129.860 0.784
202312 0.833 129.419 0.833

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.


Chiangmai Frozen Foods PCL  (BKK:CM) 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.


Chiangmai Frozen Foods PCL Cyclically Adjusted PS Ratio Related Terms

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


Chiangmai Frozen Foods PCL (BKK:CM) Business Description

Traded in Other Exchanges
N/A
Address
Surawongse road, 149/34, Floor 3rd-4th, Soi Anglo Plaza, Surawongse, Bangrak, Bangkok, THA, 10500
Chiangmai Frozen Foods PCL is a Thailand-based company. It is engaged in the business of manufacturing and exporting frozen vegetables. Its product line consists of Soybeans, Green beans, Sweet corn, Baby corn, and Mixed vegetables. Geographically, the company sells its products in Thailand and also exports it to other countries, of which key revenue is generated from the export sales.