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Thai Cane Paper Public Company Limited (BKK:TCP) Cyclically Adjusted PS Ratio : (As of Jun. 12, 2024)


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What is Thai Cane Paper Public Company Limited Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Cane Paper Public Company Limited Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Thai Cane Paper Public Company Limited'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.

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Thai Cane Paper Public Company Limited Cyclically Adjusted PS Ratio Chart

Thai Cane Paper Public Company Limited Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PS Ratio
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Thai Cane Paper Public Company Limited Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of Thai Cane Paper Public Company Limited's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Thai Cane Paper Public Company Limited'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.


Thai Cane Paper Public Company Limited's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Thai Cane Paper Public Company Limited's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Thai Cane Paper Public Company Limited's Cyclically Adjusted PS Ratio falls into.



Thai Cane Paper Public Company Limited 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.

Thai Cane Paper Public Company Limited's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec12 is calculated as:

For example, Thai Cane Paper Public Company Limited's adjusted Revenue per Share data for the fiscal year that ended in Dec12 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec12 (Change)*Current CPI (Dec12)
=15.566/96.8711*96.8711
=15.566

Current CPI (Dec12) = 96.8711.

Thai Cane Paper Public Company Limited Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200312 14.967 77.758 18.646
200412 12.869 80.290 15.527
200512 14.430 83.032 16.835
200612 10.562 85.142 12.017
200712 12.184 88.616 13.319
200812 12.481 88.697 13.631
200912 10.394 91.111 11.051
201012 13.320 92.474 13.953
201112 14.068 95.213 14.313
201212 15.566 96.871 15.566

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.


Thai Cane Paper Public Company Limited  (BKK:TCP) 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.


Thai Cane Paper Public Company Limited Cyclically Adjusted PS Ratio Related Terms

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Thai Cane Paper Public Company Limited (BKK:TCP) Business Description

Traded in Other Exchanges
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Address
Thai Cane Paper Public Company Limited manufactures and sells kraft paper used in the manufacture of packaging, such as corrugated box, paper cement bags, envelopes and core paper in Thailand. The Company's products are categorized into two groups i.e. kraft liner board which is used in making packaging surfaces and kraft paper which is used for making corrugated medium. The Company offers numerous grade of products to meet the diverse market demand.

Thai Cane Paper Public Company Limited (BKK:TCP) Headlines

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