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The Thai Setakij Insurance PCL (BKK:TSI) Cyclically Adjusted PS Ratio : 0.17 (As of Apr. 29, 2024)


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What is The Thai Setakij Insurance PCL Cyclically Adjusted PS Ratio?

As of today (2024-04-29), The Thai Setakij Insurance PCL's current share price is ฿0.11. The Thai Setakij Insurance PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ฿0.63. The Thai Setakij Insurance PCL's Cyclically Adjusted PS Ratio for today is 0.17.

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

BKK:TSI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.36   Max: 0.67
Current: 0.18

During the past years, The Thai Setakij Insurance PCL's highest Cyclically Adjusted PS Ratio was 0.67. The lowest was 0.17. And the median was 0.36.

BKK:TSI's Cyclically Adjusted PS Ratio is ranked better than
93.32% of 404 companies
in the Insurance industry
Industry Median: 0.975 vs BKK:TSI: 0.18

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.

The Thai Setakij Insurance PCL's adjusted revenue per share data for the three months ended in Dec. 2023 was ฿0.069. 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 ฿0.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Thai Setakij Insurance PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Thai Setakij Insurance 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.

The Thai Setakij Insurance PCL Cyclically Adjusted PS Ratio Chart

The Thai Setakij Insurance 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 0.45 0.27 0.39 0.35 0.27

The Thai Setakij Insurance 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 0.35 0.46 0.31 0.32 0.27

Competitive Comparison of The Thai Setakij Insurance PCL's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, The Thai Setakij Insurance 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.


The Thai Setakij Insurance PCL's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Thai Setakij Insurance PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



The Thai Setakij Insurance 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.

The Thai Setakij Insurance PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.11/0.63
=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.

The Thai Setakij Insurance PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Thai Setakij Insurance 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)
=0.069/129.4194*129.4194
=0.069

Current CPI (Dec. 2023) = 129.4194.

The Thai Setakij Insurance PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.295 99.695 0.383
201406 0.230 100.560 0.296
201409 0.359 100.428 0.463
201412 0.250 99.070 0.327
201503 0.188 99.621 0.244
201506 0.190 100.684 0.244
201509 0.175 100.392 0.226
201512 0.198 99.792 0.257
201603 0.172 100.470 0.222
201606 0.185 101.688 0.235
201609 0.160 101.861 0.203
201612 0.143 101.863 0.182
201703 0.165 102.862 0.208
201706 0.159 103.349 0.199
201709 0.183 104.136 0.227
201712 0.160 104.011 0.199
201803 0.131 105.290 0.161
201806 0.165 106.317 0.201
201809 0.128 106.507 0.156
201812 0.089 105.998 0.109
201903 0.069 107.251 0.083
201906 0.049 108.070 0.059
201909 0.074 108.329 0.088
201912 0.052 108.420 0.062
202003 0.082 108.902 0.097
202006 0.075 108.767 0.089
202009 0.073 109.815 0.086
202012 0.064 109.897 0.075
202103 0.063 111.754 0.073
202106 0.062 114.631 0.070
202109 0.060 115.734 0.067
202112 0.062 117.630 0.068
202203 0.075 121.301 0.080
202206 0.081 125.017 0.084
202209 0.069 125.227 0.071
202212 0.095 125.222 0.098
202303 0.074 127.348 0.075
202306 0.072 128.729 0.072
202309 0.074 129.860 0.074
202312 0.069 129.419 0.069

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.


The Thai Setakij Insurance PCL  (BKK:TSI) 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.


The Thai Setakij Insurance PCL Cyclically Adjusted PS Ratio Related Terms

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


The Thai Setakij Insurance PCL (BKK:TSI) Business Description

Traded in Other Exchanges
N/A
Address
Wireless Road, 15th Floor, Unit no. 1 and 4-6, 87 M. Thai Tower, All Seasons Place, Lumpini Subdistrict, Pathumwan District, Bangkok, THA, 10330
The Thai Setakij Insurance PCL is a company operating in the insurance sector. The primary activity of the company is to provide non-life insurance services. Its non-life insurance products include Fire insurance; Marine and transportation insurance; Motor insurance; and Miscellaneous insurance. The company operates principally in Thailand and generates key revenue from the Motor insurance business unit.

The Thai Setakij Insurance PCL (BKK:TSI) Headlines

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