GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aapico Hitech PCL (BKK:AH) » Definitions » Cyclically Adjusted PS Ratio

Aapico Hitech PCL (BKK:AH) Cyclically Adjusted PS Ratio : 0.34 (As of Jun. 06, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Aapico Hitech PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Aapico Hitech PCL's current share price is ฿21.80. Aapico Hitech PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿63.73. Aapico Hitech PCL's Cyclically Adjusted PS Ratio for today is 0.34.

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

BKK:AH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.43   Max: 0.83
Current: 0.33

During the past years, Aapico Hitech PCL's highest Cyclically Adjusted PS Ratio was 0.83. The lowest was 0.13. And the median was 0.43.

BKK:AH's Cyclically Adjusted PS Ratio is ranked better than
70.45% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BKK:AH: 0.33

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.

Aapico Hitech PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿20.993. 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 ฿63.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aapico Hitech PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aapico Hitech 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.

Aapico Hitech PCL Cyclically Adjusted PS Ratio Chart

Aapico Hitech 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 0.29 0.34 0.51 0.52 0.45

Aapico Hitech PCL 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 0.52 0.58 0.55 0.45 0.33

Competitive Comparison of Aapico Hitech PCL's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Aapico Hitech 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.


Aapico Hitech PCL's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aapico Hitech PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aapico Hitech 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.

Aapico Hitech PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.80/63.73
=0.34

* 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.

Aapico Hitech PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aapico Hitech PCL'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)
=20.993/131.7762*131.7762
=20.993

Current CPI (Mar. 2024) = 131.7762.

Aapico Hitech PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.159 100.560 13.313
201409 10.795 100.428 14.165
201412 9.856 99.070 13.110
201503 10.454 99.621 13.828
201506 9.725 100.684 12.728
201509 10.033 100.392 13.170
201512 10.899 99.792 14.392
201603 10.760 100.470 14.113
201606 10.148 101.688 13.151
201609 10.040 101.861 12.989
201612 10.941 101.863 14.154
201703 10.995 102.862 14.086
201706 10.419 103.349 13.285
201709 11.636 104.136 14.725
201712 12.253 104.011 15.524
201803 12.245 105.290 15.325
201806 11.497 106.317 14.250
201809 12.001 106.507 14.848
201812 8.801 105.998 10.941
201903 12.146 107.251 14.924
201906 13.247 108.070 16.153
201909 12.351 108.329 15.024
201912 10.561 108.420 12.836
202003 13.866 108.902 16.779
202006 5.688 108.767 6.891
202009 13.379 109.815 16.055
202012 16.158 109.897 19.375
202103 15.777 111.754 18.604
202106 13.714 114.631 15.765
202109 11.942 115.734 13.597
202112 16.261 117.630 18.217
202203 18.897 121.301 20.529
202206 17.245 125.017 18.177
202209 20.538 125.227 21.612
202212 21.959 125.222 23.108
202303 22.852 127.348 23.647
202306 20.237 128.729 20.716
202309 21.459 129.860 21.776
202312 20.097 129.419 20.463
202403 20.993 131.776 20.993

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.


Aapico Hitech PCL  (BKK:AH) 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.


Aapico Hitech PCL Cyclically Adjusted PS Ratio Related Terms

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


Aapico Hitech PCL (BKK:AH) Business Description

Traded in Other Exchanges
Address
Tambol Ban Lane, 99 Moo 1 Hitech Industrial Estate, Ampur Bang Pa-in, Ayutthya, THA, 13160
Aapico Hitech PCL is a manufacturing company. The business activity of the firm is organized into business units based on their products and services and has three reported segments which are the Manufacture of auto parts; Sales of automobiles and the provision of automobile repair service; and Others. It manufactures products such as Jigs, Stamping dies, and Original equipment manufacturing auto parts, including Floor parts, Cross members, Pillars, Brackets, Clips, and Fuel tanks. Geographically the firm has its presence in the region of Thailand, China, Malaysia, and Portugal from which it derives the majority of its revenue from Thailand. Most of its revenue is derived from the Manufacture of automobiles assembly tools and parts segment.

Aapico Hitech PCL (BKK:AH) Headlines

No Headlines