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Gulf Energy Development PCL (BKK:GULF) Cyclically Adjusted PS Ratio : 12.97 (As of May. 09, 2024)


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What is Gulf Energy Development PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-09), Gulf Energy Development PCL's current share price is ฿41.50. Gulf Energy Development PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ฿3.20. Gulf Energy Development PCL's Cyclically Adjusted PS Ratio for today is 12.97.

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

BKK:GULF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.34   Med: 13.67   Max: 14.22
Current: 12.89

During the past 10 years, Gulf Energy Development PCL's highest Cyclically Adjusted PS Ratio was 14.22. The lowest was 12.34. And the median was 13.67.

BKK:GULF's Cyclically Adjusted PS Ratio is ranked worse than
93.46% of 260 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.805 vs BKK:GULF: 12.89

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.

Gulf Energy Development PCL's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ฿9.721. 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 ฿3.20 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gulf Energy Development PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gulf Energy Development 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.

Gulf Energy Development PCL Cyclically Adjusted PS Ratio Chart

Gulf Energy Development 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 - - - - 13.91

Gulf Energy Development PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 13.91

Competitive Comparison of Gulf Energy Development PCL's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Gulf Energy Development 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.


Gulf Energy Development PCL's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Gulf Energy Development PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gulf Energy Development PCL's Cyclically Adjusted PS Ratio falls into.



Gulf Energy Development 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.

Gulf Energy Development PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.50/3.2
=12.97

* 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.

Gulf Energy Development PCL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Gulf Energy Development PCL's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=9.721/129.4194*129.4194
=9.721

Current CPI (Dec23) = 129.4194.

Gulf Energy Development PCL Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.072 99.070 0.094
201512 0.064 99.792 0.083
201612 0.023 101.863 0.029
201712 0.403 104.011 0.501
201812 1.611 105.998 1.967
201912 2.784 108.420 3.323
202012 2.999 109.897 3.532
202112 4.046 117.630 4.452
202212 8.024 125.222 8.293
202312 9.721 129.419 9.721

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.


Gulf Energy Development PCL  (BKK:GULF) 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.


Gulf Energy Development PCL Cyclically Adjusted PS Ratio Related Terms

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


Gulf Energy Development PCL (BKK:GULF) Business Description

Traded in Other Exchanges
Address
Wireless Road, All Seasons Place, 87 M.Thai Tower 11th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
Gulf Energy Development PCL is a Thailand based business, that engages in electricity-generating business. The principal operation of the group is to generate and sell electricity, steam and cold water storing and converting natural gas from liquid to gas, provide satellite services and, and other related businesses. It is also involved in the business of renewable energy, such as solar rooftops and biomass energy. It operates through the following segments: The power segment, the Infrastructure segment, Satellite business segment, and Consulting segment. Geographically the company caters its services to both domestic and international markets.

Gulf Energy Development PCL (BKK:GULF) Headlines