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Asia Aviation PCL (BKK:AAV-F) PS Ratio : 1.60 (As of Jun. 21, 2024)


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What is Asia Aviation PCL PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Asia Aviation PCL's share price is ฿5.88281. Asia Aviation PCL's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ฿3.68. Hence, Asia Aviation PCL's PS Ratio for today is 1.60.

Good Sign:

Asia Aviation PCL stock PS Ratio (=0.55) is close to 3-year low of 0.55

The historical rank and industry rank for Asia Aviation PCL's PS Ratio or its related term are showing as below:

BKK:AAV-F' s PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.89   Max: 4.45
Current: 0.55

During the past 13 years, Asia Aviation PCL's highest PS Ratio was 4.45. The lowest was 0.13. And the median was 0.89.

BKK:AAV-F's PS Ratio is ranked better than
68.94% of 966 companies
in the Transportation industry
Industry Median: 1 vs BKK:AAV-F: 0.55

Asia Aviation PCL's Revenue per Sharefor the three months ended in Mar. 2024 was ฿1.07. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ฿3.68.

Warning Sign:

Asia Aviation PCL revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Asia Aviation PCL was 79.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -25.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was -12.00% per year.

During the past 13 years, Asia Aviation PCL's highest 3-Year average Revenue per Share Growth Rate was 48.60% per year. The lowest was -53.90% per year. And the median was 10.50% per year.

Back to Basics: PS Ratio


Asia Aviation PCL PS Ratio Historical Data

The historical data trend for Asia Aviation PCL's 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.

Asia Aviation PCL PS Ratio Chart

Asia Aviation PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.80 3.40 2.02 0.59

Asia Aviation PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.38 1.01 0.85 0.59 0.65

Competitive Comparison of Asia Aviation PCL's PS Ratio

For the Airlines subindustry, Asia Aviation PCL's PS Ratio, along with its competitors' market caps and 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.


Asia Aviation PCL's PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asia Aviation PCL's PS Ratio distribution charts can be found below:

* The bar in red indicates where Asia Aviation PCL's PS Ratio falls into.



Asia Aviation PCL PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Asia Aviation PCL's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=5.88281/3.675
=1.60

Asia Aviation PCL's Share Price of today is ฿5.88281.
Asia Aviation PCL's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿3.68.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Asia Aviation PCL  (BKK:AAV-F) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Asia Aviation PCL PS Ratio Related Terms

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Asia Aviation PCL (BKK:AAV-F) Business Description

Traded in Other Exchanges
Address
Vibhavadee Rangsit Road, 3rd floor, Central Office Building, Room no. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. The company has two operating segments; Schedule flight operations provide passenger air transportation services to routine destinations for scheduled flights. It sells tickets through its distribution channels such as websites, sale counters, travel agents. and Chartered flight operations provide passenger air transportation services to non-routine destinations. Flights are operated when there is hiring from customers such as tourist agency companies.

Asia Aviation PCL (BKK:AAV-F) Headlines

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