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Thai Beverage (FRA:T6W) Cyclically Adjusted PS Ratio : 1.26 (As of May. 26, 2024)


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What is Thai Beverage Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Thai Beverage's current share price is €0.354. Thai Beverage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.28. Thai Beverage's Cyclically Adjusted PS Ratio for today is 1.26.

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

FRA:T6W' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.22   Max: 3.77
Current: 1.19

During the past years, Thai Beverage's highest Cyclically Adjusted PS Ratio was 3.77. The lowest was 1.13. And the median was 2.22.

FRA:T6W's Cyclically Adjusted PS Ratio is ranked better than
59.28% of 167 companies
in the Beverages - Alcoholic industry
Industry Median: 1.84 vs FRA:T6W: 1.19

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.

Thai Beverage's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.073. 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 €0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thai Beverage Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Thai Beverage'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.

Thai Beverage Cyclically Adjusted PS Ratio Chart

Thai Beverage Annual Data
Trend Dec13 Dec14 Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 - - - -

Thai Beverage Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 1.87 - 1.55 - 1.16

Competitive Comparison of Thai Beverage's Cyclically Adjusted PS Ratio

For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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 Beverage's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Thai Beverage's Cyclically Adjusted PS Ratio falls into.



Thai Beverage 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 Beverage's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.354/0.28
=1.26

* 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.

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

For example, Thai Beverage'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)
=0.073/131.7762*131.7762
=0.073

Current CPI (Mar. 2024) = 131.7762.

Thai Beverage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 0.037 97.633 0.050
201212 0.041 96.871 0.056
201303 0.042 98.209 0.056
201306 0.037 98.518 0.049
201309 0.033 98.790 0.044
201312 0.040 98.326 0.054
201403 0.037 99.695 0.049
201406 0.036 100.560 0.047
201409 0.034 100.428 0.045
201412 0.044 99.070 0.059
201503 0.052 99.621 0.069
201506 0.040 100.684 0.052
201509 0.036 100.392 0.047
201512 0.052 99.792 0.069
201603 0.056 100.470 0.073
201606 0.045 101.688 0.058
201609 0.039 101.861 0.050
201612 0.049 101.863 0.063
201703 0.054 102.862 0.069
201706 0.047 103.349 0.060
201709 0.048 104.136 0.061
201712 0.047 104.011 0.060
201803 0.070 105.290 0.088
201806 0.064 106.317 0.079
201809 0.059 106.507 0.073
201812 0.078 105.998 0.097
201903 0.078 107.251 0.096
201906 0.071 108.070 0.087
201909 0.073 108.329 0.089
201912 0.090 108.420 0.109
202003 0.070 108.902 0.085
202009 0.000 109.815 0.000
202012 0.078 109.897 0.094
202103 0.065 111.754 0.077
202109 0.000 115.734 0.000
202203 0.071 121.301 0.077
202209 0.000 125.227 0.000
202303 0.073 127.348 0.076
202309 0.000 129.860 0.000
202403 0.073 131.776 0.073

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 Beverage  (FRA:T6W) 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 Beverage Cyclically Adjusted PS Ratio Related Terms

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


Thai Beverage (FRA:T6W) Business Description

Traded in Other Exchanges
Address
14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segment includes Spirits; Beer; Non-alcoholic beverages and Food. It generates maximum revenue from the Beer segment. The Spirits segment is engaged in the production and sales of branded spirits products and soda. Its Beer segment is engaged in the production and sales of raw materials and branded beer products. Geographically, it derives a majority of its revenue from Thailand and also has a presence in the Socialist Republic of Vietnam and Overseas.

Thai Beverage (FRA:T6W) Headlines

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