GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bangkok Expressway and Metro PCL (BKK:BEM) » Definitions » Cyclically Adjusted PS Ratio

Bangkok Expressway and Metro PCL (BKK:BEM) Cyclically Adjusted PS Ratio : 5.83 (As of Jun. 09, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Bangkok Expressway and Metro PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Bangkok Expressway and Metro PCL's current share price is ฿7.70. Bangkok Expressway and Metro PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿1.32. Bangkok Expressway and Metro PCL's Cyclically Adjusted PS Ratio for today is 5.83.

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

BKK:BEM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.75   Med: 8.6   Max: 13.6
Current: 5.85

During the past years, Bangkok Expressway and Metro PCL's highest Cyclically Adjusted PS Ratio was 13.60. The lowest was 5.75. And the median was 8.60.

BKK:BEM's Cyclically Adjusted PS Ratio is ranked worse than
93.89% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs BKK:BEM: 5.85

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.

Bangkok Expressway and Metro PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿0.301. 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 ฿1.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Expressway and Metro PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bangkok Expressway and Metro 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.

Bangkok Expressway and Metro PCL Cyclically Adjusted PS Ratio Chart

Bangkok Expressway and Metro 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 11.82 8.50 7.84 8.27 6.24

Bangkok Expressway and Metro 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 7.26 6.88 6.58 6.24 6.15

Competitive Comparison of Bangkok Expressway and Metro PCL's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Bangkok Expressway and Metro 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.


Bangkok Expressway and Metro PCL's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Bangkok Expressway and Metro PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bangkok Expressway and Metro PCL's Cyclically Adjusted PS Ratio falls into.



Bangkok Expressway and Metro 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.

Bangkok Expressway and Metro PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.70/1.32
=5.83

* 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.

Bangkok Expressway and Metro PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bangkok Expressway and Metro 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)
=0.301/131.7762*131.7762
=0.301

Current CPI (Mar. 2024) = 131.7762.

Bangkok Expressway and Metro PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.076 100.560 0.100
201409 0.098 100.428 0.129
201412 1.069 99.070 1.422
201503 0.454 99.621 0.601
201506 0.445 100.684 0.582
201509 0.460 100.392 0.604
201512 0.467 99.792 0.617
201603 0.198 100.470 0.260
201606 0.174 101.688 0.225
201609 0.212 101.861 0.274
201612 0.244 101.863 0.316
201703 0.266 102.862 0.341
201706 0.256 103.349 0.326
201709 0.249 104.136 0.315
201712 0.250 104.011 0.317
201803 0.264 105.290 0.330
201806 0.233 106.317 0.289
201809 0.253 106.507 0.313
201812 0.258 105.998 0.321
201903 0.277 107.251 0.340
201906 0.248 108.070 0.302
201909 0.261 108.329 0.317
201912 0.274 108.420 0.333
202003 0.224 108.902 0.271
202006 0.163 108.767 0.197
202009 0.217 109.815 0.260
202012 0.195 109.897 0.234
202103 0.204 111.754 0.241
202106 0.157 114.631 0.180
202109 0.199 115.734 0.227
202112 0.200 117.630 0.224
202203 0.184 121.301 0.200
202206 0.206 125.017 0.217
202209 0.260 125.227 0.274
202212 0.257 125.222 0.270
202303 0.274 127.348 0.284
202306 0.260 128.729 0.266
202309 0.259 129.860 0.263
202312 0.274 129.419 0.279
202403 0.301 131.776 0.301

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.


Bangkok Expressway and Metro PCL  (BKK:BEM) 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.


Bangkok Expressway and Metro PCL Cyclically Adjusted PS Ratio Related Terms

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


Bangkok Expressway and Metro PCL (BKK:BEM) Business Description

Traded in Other Exchanges
Address
587 Sutthisarn Road, Ratchacaphisek Subdistrict, Dindaeng District, Bangkok, THA, 10310
Bangkok Expressway and Metro PCL and its subsidiaries are engaged in the construction and management of expressways and the operation of metro lines in Thailand. In conjunction with the operation of the Metro Blue Line, the company also handles the advertising and telecommunications maintenance in the trains and stations. Its segments include the Expressway business segment; Rail business segment; Commercial development business segment; and Other segments. The maximum revenue is derived from the Expressway business segment. Additionally, the company leases the retail spaces in the Blue Line metro stations as well as the areas around the expressways.