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Kasikornbank Public Co (BKK:KBANK) Cyclically Adjusted PS Ratio : 1.58 (As of May. 23, 2024)


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What is Kasikornbank Public Co Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Kasikornbank Public Co's current share price is ฿134.00. Kasikornbank Public Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿84.81. Kasikornbank Public Co's Cyclically Adjusted PS Ratio for today is 1.58.

The historical rank and industry rank for Kasikornbank Public Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:KBANK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.14   Max: 4.57
Current: 1.58

During the past years, Kasikornbank Public Co's highest Cyclically Adjusted PS Ratio was 4.57. The lowest was 1.13. And the median was 2.14.

BKK:KBANK's Cyclically Adjusted PS Ratio is ranked better than
73.03% of 1190 companies
in the Banks industry
Industry Median: 2.41 vs BKK:KBANK: 1.58

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.

Kasikornbank Public Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿21.084. 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 ฿84.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kasikornbank Public Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kasikornbank Public Co'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.

Kasikornbank Public Co Cyclically Adjusted PS Ratio Chart

Kasikornbank Public Co 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 2.40 1.73 1.97 1.88 1.62

Kasikornbank Public Co 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 1.65 1.59 1.53 1.62 1.46

Competitive Comparison of Kasikornbank Public Co's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Kasikornbank Public Co'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.


Kasikornbank Public Co's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kasikornbank Public Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kasikornbank Public Co's Cyclically Adjusted PS Ratio falls into.



Kasikornbank Public Co 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.

Kasikornbank Public Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=134.00/84.81
=1.58

* 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.

Kasikornbank Public Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kasikornbank Public Co'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)
=21.084/131.7762*131.7762
=21.084

Current CPI (Mar. 2024) = 131.7762.

Kasikornbank Public Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 15.009 100.560 19.668
201409 15.616 100.428 20.491
201412 15.679 99.070 20.855
201503 15.919 99.621 21.057
201506 16.555 100.684 21.667
201509 16.295 100.392 21.389
201512 15.957 99.792 21.071
201603 17.405 100.470 22.828
201606 16.549 101.688 21.446
201609 16.622 101.861 21.504
201612 16.796 101.863 21.728
201703 16.969 102.862 21.739
201706 17.281 103.349 22.034
201709 17.621 104.136 22.298
201712 17.081 104.011 21.641
201803 17.125 105.290 21.433
201806 17.890 106.317 22.174
201809 16.809 106.507 20.797
201812 16.812 105.998 20.901
201903 15.659 107.251 19.240
201906 17.397 108.070 21.213
201909 17.494 108.329 21.280
201912 21.268 108.420 25.850
202003 15.948 108.902 19.298
202006 17.776 108.767 21.536
202009 15.516 109.815 18.619
202012 18.347 109.897 22.000
202103 16.946 111.754 19.982
202106 17.730 114.631 20.382
202109 16.928 115.734 19.274
202112 18.324 117.630 20.528
202203 17.163 121.301 18.645
202206 18.187 125.017 19.170
202209 17.632 125.227 18.554
202212 23.714 125.222 24.955
202303 19.657 127.348 20.341
202306 21.703 128.729 22.217
202309 19.841 129.860 20.134
202312 26.585 129.419 27.069
202403 21.084 131.776 21.084

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.


Kasikornbank Public Co  (BKK:KBANK) 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.


Kasikornbank Public Co Cyclically Adjusted PS Ratio Related Terms

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


Kasikornbank Public Co (BKK:KBANK) Business Description

Traded in Other Exchanges
Address
400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

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