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Airports Of Thailand (BKK:AOT) Cyclically Adjusted PS Ratio : 18.56 (As of May. 21, 2024)


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What is Airports Of Thailand Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Airports Of Thailand's current share price is ฿67.00. Airports Of Thailand's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿3.61. Airports Of Thailand's Cyclically Adjusted PS Ratio for today is 18.56.

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

BKK:AOT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 14.8   Med: 20.72   Max: 26.18
Current: 18.54

During the past years, Airports Of Thailand's highest Cyclically Adjusted PS Ratio was 26.18. The lowest was 14.80. And the median was 20.72.

BKK:AOT's Cyclically Adjusted PS Ratio is ranked worse than
99.46% of 738 companies
in the Transportation industry
Industry Median: 0.85 vs BKK:AOT: 18.54

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.

Airports Of Thailand's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿1.261. 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 ฿3.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airports Of Thailand Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Airports Of Thailand'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.

Airports Of Thailand Cyclically Adjusted PS Ratio Chart

Airports Of Thailand Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.08 17.11 18.56 21.34 19.88

Airports Of Thailand 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 20.78 20.79 19.88 16.99 18.12

Competitive Comparison of Airports Of Thailand's Cyclically Adjusted PS Ratio

For the Airports & Air Services subindustry, Airports Of Thailand'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.


Airports Of Thailand's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Airports Of Thailand's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Airports Of Thailand's Cyclically Adjusted PS Ratio falls into.



Airports Of Thailand 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.

Airports Of Thailand's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.00/3.61
=18.56

* 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.

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

For example, Airports Of Thailand'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)
=1.261/131.7762*131.7762
=1.261

Current CPI (Mar. 2024) = 131.7762.

Airports Of Thailand Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.612 100.560 0.802
201409 0.633 100.428 0.831
201412 0.738 99.070 0.982
201503 0.813 99.621 1.075
201506 0.759 100.684 0.993
201509 0.765 100.392 1.004
201512 0.827 99.792 1.092
201603 0.966 100.470 1.267
201606 0.880 101.688 1.140
201609 0.894 101.861 1.157
201612 0.883 101.863 1.142
201703 1.020 102.862 1.307
201706 0.951 103.349 1.213
201709 0.988 104.136 1.250
201712 1.034 104.011 1.310
201803 1.145 105.290 1.433
201806 1.039 106.317 1.288
201809 1.032 106.507 1.277
201812 1.087 105.998 1.351
201903 1.209 107.251 1.485
201906 1.053 108.070 1.284
201909 1.061 108.329 1.291
201912 1.120 108.420 1.361
202003 0.848 108.902 1.026
202006 0.094 108.767 0.114
202009 0.130 109.815 0.156
202012 0.152 109.897 0.182
202103 0.127 111.754 0.150
202106 0.118 114.631 0.136
202109 0.103 115.734 0.117
202112 0.163 117.630 0.183
202203 0.212 121.301 0.230
202206 0.317 125.017 0.334
202209 0.458 125.227 0.482
202212 0.515 125.222 0.542
202303 0.769 127.348 0.796
202306 0.903 128.729 0.924
202309 1.035 129.860 1.050
202312 1.102 129.419 1.122
202403 1.261 131.776 1.261

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.


Airports Of Thailand  (BKK:AOT) 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.


Airports Of Thailand Cyclically Adjusted PS Ratio Related Terms

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


Airports Of Thailand (BKK:AOT) Business Description

Address
No. 333, Cherdwutagard Road, Srikan, Don Mueang, Bangkok, THA, 10210
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. Revenue is generated primarily from two sources: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue primarily results from office and state property rents. Additionally, Airports of Thailand has invested in other companies to provide services and products related to its airports. Its investments are wide-ranging, including hotels, aviation fuel services, and catering services.

Airports Of Thailand (BKK:AOT) Headlines

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