GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Land and Houses PCL (BKK:LH) » Definitions » Cyclically Adjusted PS Ratio

Land and Houses PCL (BKK:LH) Cyclically Adjusted PS Ratio : 2.05 (As of Jun. 06, 2024)


View and export this data going back to 1989. Start your Free Trial

What is Land and Houses PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Land and Houses PCL's current share price is ฿6.45. Land and Houses PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿3.15. Land and Houses PCL's Cyclically Adjusted PS Ratio for today is 2.05.

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

BKK:LH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.14   Med: 3.2   Max: 5.34
Current: 2.16

During the past years, Land and Houses PCL's highest Cyclically Adjusted PS Ratio was 5.34. The lowest was 2.14. And the median was 3.20.

BKK:LH's Cyclically Adjusted PS Ratio is ranked worse than
55.6% of 1367 companies
in the Real Estate industry
Industry Median: 1.74 vs BKK:LH: 2.16

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.

Land and Houses PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿0.553. 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 ฿3.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Land and Houses PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Land and Houses 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.

Land and Houses PCL Cyclically Adjusted PS Ratio Chart

Land and Houses 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 4.01 3.10 3.11 3.24 2.62

Land and Houses 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 3.18 2.70 2.49 2.62 2.35

Competitive Comparison of Land and Houses PCL's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Land and Houses 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.


Land and Houses PCL's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Land and Houses PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Land and Houses PCL's Cyclically Adjusted PS Ratio falls into.



Land and Houses 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.

Land and Houses PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.45/3.15
=2.05

* 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.

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

For example, Land and Houses 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)
=0.553/131.7762*131.7762
=0.553

Current CPI (Mar. 2024) = 131.7762.

Land and Houses PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.676 100.560 0.886
201409 0.570 100.428 0.748
201412 0.713 99.070 0.948
201503 0.495 99.621 0.655
201506 0.499 100.684 0.653
201509 0.496 100.392 0.651
201512 0.748 99.792 0.988
201603 0.648 100.470 0.850
201606 0.657 101.688 0.851
201609 0.585 101.861 0.757
201612 0.638 101.863 0.825
201703 0.604 102.862 0.774
201706 0.834 103.349 1.063
201709 0.842 104.136 1.065
201712 0.656 104.011 0.831
201803 0.752 105.290 0.941
201806 0.715 106.317 0.886
201809 0.672 106.507 0.831
201812 0.754 105.998 0.937
201903 0.589 107.251 0.724
201906 0.649 108.070 0.791
201909 0.642 108.329 0.781
201912 0.663 108.420 0.806
202003 0.514 108.902 0.622
202006 0.638 108.767 0.773
202009 0.690 109.815 0.828
202012 0.696 109.897 0.835
202103 0.660 111.754 0.778
202106 0.767 114.631 0.882
202109 0.589 115.734 0.671
202112 0.759 117.630 0.850
202203 0.643 121.301 0.699
202206 0.790 125.017 0.833
202209 0.757 125.227 0.797
202212 0.829 125.222 0.872
202303 0.556 127.348 0.575
202306 0.580 128.729 0.594
202309 0.551 129.860 0.559
202312 0.575 129.419 0.585
202403 0.553 131.776 0.553

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.


Land and Houses PCL  (BKK:LH) 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.


Land and Houses PCL Cyclically Adjusted PS Ratio Related Terms

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


Land and Houses PCL (BKK:LH) Business Description

Industry
Traded in Other Exchanges
Address
No. 1, South Sathon Road, 37-38 Floor, Q. House Lumpini Building, Kwaeng Tungmahamek, Khet Sathon, Bangkok, THA, 10120
Land and Houses PCL is a residential property development company in Thailand. The company focuses on developing single-detached houses. It also develops townhouses and condominiums. The company develops property in Bangkok and major provinces such as Chiang Mai, Chiang Rai, Khon Kaen, Nakhon Ratchasima, Udon Thani, Hua Hin, Phuket, Maha Sarakham, and Ayutthaya. Geographically, the business activities of the group are seen in Thailand and the USA, of which the Thailand region accounts for the majority of revenue.