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Charan Insurance PCL (BKK:CHARAN) Cyclically Adjusted PS Ratio : 0.83 (As of Jun. 09, 2024)


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What is Charan Insurance PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Charan Insurance PCL's current share price is ฿22.00. Charan Insurance PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿26.53. Charan Insurance PCL's Cyclically Adjusted PS Ratio for today is 0.83.

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

BKK:CHARAN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.28   Max: 2.7
Current: 0.83

During the past years, Charan Insurance PCL's highest Cyclically Adjusted PS Ratio was 2.70. The lowest was 0.83. And the median was 1.28.

BKK:CHARAN's Cyclically Adjusted PS Ratio is ranked better than
58.23% of 407 companies
in the Insurance industry
Industry Median: 0.97 vs BKK:CHARAN: 0.83

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.

Charan Insurance PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿6.105. 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 ฿26.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Charan Insurance PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Charan 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.

Charan Insurance PCL Cyclically Adjusted PS Ratio Chart

Charan 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 0.96 1.26 1.39 1.14 0.90

Charan Insurance 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 1.33 1.10 1.00 0.90 0.88

Competitive Comparison of Charan Insurance PCL's Cyclically Adjusted PS Ratio

For the Insurance - Property & Casualty subindustry, Charan 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.


Charan Insurance PCL's Cyclically Adjusted PS Ratio Distribution in the Insurance Industry

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

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



Charan 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.

Charan Insurance PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.00/26.53
=0.83

* 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.

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

For example, Charan Insurance 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)
=6.105/131.7762*131.7762
=6.105

Current CPI (Mar. 2024) = 131.7762.

Charan Insurance PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.934 100.560 6.466
201409 4.642 100.428 6.091
201412 4.872 99.070 6.480
201503 5.247 99.621 6.941
201506 5.805 100.684 7.598
201509 5.016 100.392 6.584
201512 4.984 99.792 6.581
201603 4.377 100.470 5.741
201606 4.616 101.688 5.982
201609 4.290 101.861 5.550
201612 4.089 101.863 5.290
201703 3.785 102.862 4.849
201706 4.187 103.349 5.339
201709 4.079 104.136 5.162
201712 4.138 104.011 5.243
201803 3.942 105.290 4.934
201806 4.376 106.317 5.424
201809 4.036 106.507 4.994
201812 3.990 105.998 4.960
201903 4.674 107.251 5.743
201906 8.048 108.070 9.813
201909 7.692 108.329 9.357
201912 8.224 108.420 9.996
202003 7.863 108.902 9.515
202006 5.328 108.767 6.455
202009 5.988 109.815 7.186
202012 5.202 109.897 6.238
202103 3.149 111.754 3.713
202106 2.255 114.631 2.592
202109 3.628 115.734 4.131
202112 4.591 117.630 5.143
202203 7.480 121.301 8.126
202206 10.452 125.017 11.017
202209 11.019 125.227 11.595
202212 11.169 125.222 11.754
202303 8.242 127.348 8.529
202306 6.387 128.729 6.538
202309 5.461 129.860 5.542
202312 5.914 129.419 6.022
202403 6.105 131.776 6.105

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.


Charan Insurance PCL  (BKK:CHARAN) 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.


Charan Insurance PCL Cyclically Adjusted PS Ratio Related Terms

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


Charan Insurance PCL (BKK:CHARAN) Business Description

Traded in Other Exchanges
N/A
Address
408/1 Ratchadapisak Road, Samsennok, Huaykwang, Bangkok, THA, 10310
Charan Insurance PCL is a Thailand based 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, Motor insurance, Personal accident insurance, Marine, and transportation insurance, and Miscellaneous insurance. The company operates principally in Thailand and generates the majority of the revenue from the Motor insurance services it offers.

Charan Insurance PCL (BKK:CHARAN) Headlines

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