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Asia Precision PCL (BKK:APCS) Cyclically Adjusted PS Ratio : 1.00 (As of May. 24, 2024)


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What is Asia Precision PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Asia Precision PCL's current share price is ฿3.30. Asia Precision PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿3.30. Asia Precision PCL's Cyclically Adjusted PS Ratio for today is 1.00.

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

BKK:APCS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.49   Max: 2.09
Current: 1.02

During the past years, Asia Precision PCL's highest Cyclically Adjusted PS Ratio was 2.09. The lowest was 0.98. And the median was 1.49.

BKK:APCS's Cyclically Adjusted PS Ratio is ranked better than
61.7% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs BKK:APCS: 1.02

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.

Asia Precision PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿0.497. 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 ฿3.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Precision PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia Precision 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.

Asia Precision PCL Cyclically Adjusted PS Ratio Chart

Asia Precision 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 - 1.80 1.64 1.49 1.25

Asia Precision 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 1.36 1.20 1.24 1.25 1.02

Competitive Comparison of Asia Precision PCL's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Asia Precision 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.


Asia Precision PCL's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Precision PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Asia Precision PCL's Cyclically Adjusted PS Ratio falls into.



Asia Precision 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.

Asia Precision PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.30/3.3
=1.00

* 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.

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

For example, Asia Precision 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)
=0.497/131.7762*131.7762
=0.497

Current CPI (Mar. 2024) = 131.7762.

Asia Precision PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.598 100.560 0.784
201409 0.583 100.428 0.765
201412 0.333 99.070 0.443
201503 0.364 99.621 0.481
201506 0.347 100.684 0.454
201509 0.347 100.392 0.455
201512 0.286 99.792 0.378
201603 0.379 100.470 0.497
201606 0.332 101.688 0.430
201609 0.341 101.861 0.441
201612 0.441 101.863 0.571
201703 0.502 102.862 0.643
201706 0.430 103.349 0.548
201709 0.466 104.136 0.590
201712 0.455 104.011 0.576
201803 0.599 105.290 0.750
201806 0.910 106.317 1.128
201809 1.325 106.507 1.639
201812 0.920 105.998 1.144
201903 0.996 107.251 1.224
201906 0.771 108.070 0.940
201909 1.358 108.329 1.652
201912 1.099 108.420 1.336
202003 0.640 108.902 0.774
202006 0.420 108.767 0.509
202009 1.013 109.815 1.216
202012 1.158 109.897 1.389
202103 0.693 111.754 0.817
202106 0.756 114.631 0.869
202109 2.464 115.734 2.806
202112 1.044 117.630 1.170
202203 1.214 121.301 1.319
202206 0.954 125.017 1.006
202209 0.884 125.227 0.930
202212 -0.388 125.222 -0.408
202303 0.627 127.348 0.649
202306 0.551 128.729 0.564
202309 0.461 129.860 0.468
202312 0.572 129.419 0.582
202403 0.497 131.776 0.497

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.


Asia Precision PCL  (BKK:APCS) 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.


Asia Precision PCL Cyclically Adjusted PS Ratio Related Terms

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


Asia Precision PCL (BKK:APCS) Business Description

Traded in Other Exchanges
N/A
Address
Amata Nakorn Industrial Estate, 700/331 Moo 6, Tambol Donhualor, Muang Chonburi, Chonburi, THA, 20000
Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, High Precision Part and Component, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand and Vietnam, of which prime revenue is earned in Thailand.

Asia Precision PCL (BKK:APCS) Headlines

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