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Kiatnakin Phatra Bank PCL (BKK:KKP) Cyclically Adjusted PS Ratio : 1.90 (As of May. 26, 2024)


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What is Kiatnakin Phatra Bank PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Kiatnakin Phatra Bank PCL's current share price is ฿51.25. Kiatnakin Phatra Bank PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿26.91. Kiatnakin Phatra Bank PCL's Cyclically Adjusted PS Ratio for today is 1.90.

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

BKK:KKP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.83   Med: 2.89   Max: 4.82
Current: 1.9

During the past years, Kiatnakin Phatra Bank PCL's highest Cyclically Adjusted PS Ratio was 4.82. The lowest was 1.83. And the median was 2.89.

BKK:KKP's Cyclically Adjusted PS Ratio is ranked better than
63.11% of 1190 companies
in the Banks industry
Industry Median: 2.39 vs BKK:KKP: 1.90

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.

Kiatnakin Phatra Bank PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿6.872. 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 ฿26.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kiatnakin Phatra Bank PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kiatnakin Phatra Bank 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.

Kiatnakin Phatra Bank PCL Cyclically Adjusted PS Ratio Chart

Kiatnakin Phatra Bank 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 3.49 2.60 2.69 2.99 1.92

Kiatnakin Phatra Bank 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 2.50 2.33 2.11 1.92 1.96

Competitive Comparison of Kiatnakin Phatra Bank PCL's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Kiatnakin Phatra Bank 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.


Kiatnakin Phatra Bank PCL's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kiatnakin Phatra Bank PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kiatnakin Phatra Bank PCL's Cyclically Adjusted PS Ratio falls into.



Kiatnakin Phatra Bank 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.

Kiatnakin Phatra Bank PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=51.25/26.91
=1.90

* 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.

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

For example, Kiatnakin Phatra Bank 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)
=6.872/131.7762*131.7762
=6.872

Current CPI (Mar. 2024) = 131.7762.

Kiatnakin Phatra Bank PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.258 100.560 4.269
201409 3.847 100.428 5.048
201412 4.236 99.070 5.634
201503 4.094 99.621 5.415
201506 3.750 100.684 4.908
201509 4.543 100.392 5.963
201512 4.960 99.792 6.550
201603 4.345 100.470 5.699
201606 4.690 101.688 6.078
201609 5.837 101.861 7.551
201612 4.680 101.863 6.054
201703 4.550 102.862 5.829
201706 4.597 103.349 5.861
201709 5.027 104.136 6.361
201712 4.766 104.011 6.038
201803 5.138 105.290 6.431
201806 5.227 106.317 6.479
201809 5.111 106.507 6.324
201812 5.572 105.998 6.927
201903 4.972 107.251 6.109
201906 5.528 108.070 6.741
201909 5.559 108.329 6.762
201912 5.403 108.420 6.567
202003 6.132 108.902 7.420
202006 5.147 108.767 6.236
202009 5.840 109.815 7.008
202012 6.858 109.897 8.223
202103 6.174 111.754 7.280
202106 6.385 114.631 7.340
202109 6.253 115.734 7.120
202112 8.049 117.630 9.017
202203 7.538 121.301 8.189
202206 6.971 125.017 7.348
202209 7.557 125.227 7.952
202212 9.086 125.222 9.562
202303 7.418 127.348 7.676
202306 7.611 128.729 7.791
202309 7.193 129.860 7.299
202312 7.070 129.419 7.199
202403 6.872 131.776 6.872

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.


Kiatnakin Phatra Bank PCL  (BKK:KKP) 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.


Kiatnakin Phatra Bank PCL Cyclically Adjusted PS Ratio Related Terms

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


Kiatnakin Phatra Bank PCL (BKK:KKP) Business Description

Traded in Other Exchanges
Address
Sukhumvit 21 (Asoke), Khlong Toey Nua, 209 KKP Tower, Wattana, Bangkok, THA, 10110
Kiatnakin Phatra Bank PCL provides banking business through its branches network in Thailand. The company's operating segments include Commercial Banking Business, Capital Market Business and the Debt Restructuring Segment.

Kiatnakin Phatra Bank PCL (BKK:KKP) Headlines

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