GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Asian Sea Corp PCL (BKK:ASIAN) » Definitions » Cyclically Adjusted PS Ratio

Asian Sea PCL (BKK:ASIAN) Cyclically Adjusted PS Ratio : 0.76 (As of Jun. 08, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Asian Sea PCL Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Asian Sea PCL's current share price is ฿10.30. Asian Sea PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿13.48. Asian Sea PCL's Cyclically Adjusted PS Ratio for today is 0.76.

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

BKK:ASIAN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.53   Max: 1.76
Current: 0.8

During the past years, Asian Sea PCL's highest Cyclically Adjusted PS Ratio was 1.76. The lowest was 0.13. And the median was 0.53.

BKK:ASIAN's Cyclically Adjusted PS Ratio is ranked worse than
50.22% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs BKK:ASIAN: 0.80

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.

Asian Sea PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿3.187. 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 ฿13.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Sea PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asian Sea 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.

Asian Sea PCL Cyclically Adjusted PS Ratio Chart

Asian Sea 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 0.23 0.54 1.42 1.04 0.52

Asian Sea 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 0.91 0.62 0.54 0.52 0.49

Competitive Comparison of Asian Sea PCL's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Asian Sea 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.


Asian Sea PCL's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Sea PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Asian Sea 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.

Asian Sea PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.30/13.48
=0.76

* 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.

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

For example, Asian Sea 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)
=3.187/131.7762*131.7762
=3.187

Current CPI (Mar. 2024) = 131.7762.

Asian Sea PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.269 100.560 2.973
201409 2.216 100.428 2.908
201412 2.508 99.070 3.336
201503 1.971 99.621 2.607
201506 2.020 100.684 2.644
201509 2.826 100.392 3.709
201512 2.653 99.792 3.503
201603 2.457 100.470 3.223
201606 2.855 101.688 3.700
201609 2.869 101.861 3.712
201612 3.557 101.863 4.602
201703 3.049 102.862 3.906
201706 2.804 103.349 3.575
201709 2.900 104.136 3.670
201712 3.212 104.011 4.069
201803 2.885 105.290 3.611
201806 2.843 106.317 3.524
201809 3.031 106.507 3.750
201812 3.135 105.998 3.897
201903 2.904 107.251 3.568
201906 2.375 108.070 2.896
201909 2.211 108.329 2.690
201912 2.430 108.420 2.953
202003 2.440 108.902 2.953
202006 2.463 108.767 2.984
202009 2.912 109.815 3.494
202012 2.805 109.897 3.363
202103 2.536 111.754 2.990
202106 3.069 114.631 3.528
202109 2.957 115.734 3.367
202112 2.999 117.630 3.360
202203 3.542 121.301 3.848
202206 3.400 125.017 3.584
202209 3.701 125.227 3.895
202212 3.054 125.222 3.214
202303 2.699 127.348 2.793
202306 3.001 128.729 3.072
202309 3.098 129.860 3.144
202312 2.991 129.419 3.045
202403 3.187 131.776 3.187

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.


Asian Sea PCL  (BKK:ASIAN) 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.


Asian Sea PCL Cyclically Adjusted PS Ratio Related Terms

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


Asian Sea PCL (BKK:ASIAN) Business Description

Traded in Other Exchanges
N/A
Address
55/2 Moo 2 Rama 2 Road, Bangkrajao, Muang, Samutsakhon, THA, 74000
Asian Sea Corp PCL is principally engaged in the production of processed frozen seafood and the provision of cold storage services. The company operates in various segments that include Frozen and packaged food products, Feedstuff, and Other business in cold storage services. The Feedstuff segment earns the maximum revenue for the company. Its product line consists of raw shrimps, cooked shrimps, squids, cuttlefish, octopuses, tuna, and pre-fried, deep-fried, and grilled seafood. It distributes products under the brand names TCC, ASS, Sakura, and Asian Seafood among others. Geographically, it derives a majority of its revenue from the United States of America.

Asian Sea PCL (BKK:ASIAN) Headlines

No Headlines