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2S Metal PCL (BKK:2S) Cyclically Adjusted PS Ratio : 0.27 (As of Jun. 02, 2024)


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What is 2S Metal PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-02), 2S Metal PCL's current share price is ฿3.08. 2S Metal PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿11.55. 2S Metal PCL's Cyclically Adjusted PS Ratio for today is 0.27.

The historical rank and industry rank for 2S Metal PCL's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:2S' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.28   Max: 0.65
Current: 0.26

During the past years, 2S Metal PCL's highest Cyclically Adjusted PS Ratio was 0.65. The lowest was 0.15. And the median was 0.28.

BKK:2S's Cyclically Adjusted PS Ratio is ranked better than
72.5% of 520 companies
in the Steel industry
Industry Median: 0.48 vs BKK:2S: 0.26

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.

2S Metal PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿3.646. 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 ฿11.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


2S Metal PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for 2S Metal 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.

2S Metal PCL Cyclically Adjusted PS Ratio Chart

2S Metal 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 0.19 0.38 0.51 0.29 0.27

2S Metal 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 0.29 0.27 0.26 0.27 0.26

Competitive Comparison of 2S Metal PCL's Cyclically Adjusted PS Ratio

For the Steel subindustry, 2S Metal 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.


2S Metal PCL's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, 2S Metal PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where 2S Metal PCL's Cyclically Adjusted PS Ratio falls into.



2S Metal 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.

2S Metal PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.08/11.55
=0.27

* 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.

2S Metal PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, 2S Metal 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)
=3.646/131.7762*131.7762
=3.646

Current CPI (Mar. 2024) = 131.7762.

2S Metal PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.998 100.560 2.618
201409 1.929 100.428 2.531
201412 1.803 99.070 2.398
201503 1.871 99.621 2.475
201506 1.675 100.684 2.192
201509 1.632 100.392 2.142
201512 1.545 99.792 2.040
201603 1.876 100.470 2.461
201606 1.689 101.688 2.189
201609 1.686 101.861 2.181
201612 1.906 101.863 2.466
201703 2.024 102.862 2.593
201706 1.894 103.349 2.415
201709 2.180 104.136 2.759
201712 2.128 104.011 2.696
201803 2.579 105.290 3.228
201806 2.453 106.317 3.040
201809 2.466 106.507 3.051
201812 2.411 105.998 2.997
201903 2.661 107.251 3.270
201906 2.496 108.070 3.044
201909 2.174 108.329 2.645
201912 2.480 108.420 3.014
202003 2.698 108.902 3.265
202006 2.741 108.767 3.321
202009 2.355 109.815 2.826
202012 2.394 109.897 2.871
202103 3.058 111.754 3.606
202106 2.992 114.631 3.439
202109 2.810 115.734 3.199
202112 2.996 117.630 3.356
202203 3.383 121.301 3.675
202206 2.978 125.017 3.139
202209 2.991 125.227 3.147
202212 2.847 125.222 2.996
202303 3.421 127.348 3.540
202306 2.770 128.729 2.836
202309 3.171 129.860 3.218
202312 2.957 129.419 3.011
202403 3.646 131.776 3.646

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.


2S Metal PCL  (BKK:2S) 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.


2S Metal PCL Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of 2S Metal PCL's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


2S Metal PCL (BKK:2S) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8/5 Moo 14, Tambon Thachang, Amphur Bangklam, Songkhla, THA, 90110
2S Metal PCL is engaged in the manufacture, distribution, and trade of steel products. The company trade-in includes Steel, Steel pipes, Steel plate, Light lip channel, and Steel wire mesh. It has two operating segments, namely Production and distribution of steel products and Trading of steel products including raw material. The company generates a majority of its revenue from the Production and distribution of steel products segment.

2S Metal PCL (BKK:2S) Headlines

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