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Airports Of Thailand (SGX:TATD) Cyclically Adjusted PS Ratio : 17.92 (As of Jun. 06, 2024)


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What is Airports Of Thailand Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Airports Of Thailand's current share price is S$2.33. Airports Of Thailand's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was S$0.13. Airports Of Thailand's Cyclically Adjusted PS Ratio for today is 17.92.

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

SGX:TATD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 14.8   Med: 20.71   Max: 26.18
Current: 17.57

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 20.71.

SGX:TATD's Cyclically Adjusted PS Ratio is ranked worse than
99.05% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs SGX:TATD: 17.57

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 S$0.047. 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 S$0.13 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
=2.33/0.13
=17.92

* 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)
=0.047/131.7762*131.7762
=0.047

Current CPI (Mar. 2024) = 131.7762.

Airports Of Thailand Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.024 100.560 0.031
201409 0.025 100.428 0.033
201412 0.030 99.070 0.040
201503 0.034 99.621 0.045
201506 0.030 100.684 0.039
201509 0.030 100.392 0.039
201512 0.032 99.792 0.042
201603 0.038 100.470 0.050
201606 0.034 101.688 0.044
201609 0.035 101.861 0.045
201612 0.035 101.863 0.045
201703 0.041 102.862 0.053
201706 0.039 103.349 0.050
201709 0.040 104.136 0.051
201712 0.043 104.011 0.054
201803 0.048 105.290 0.060
201806 0.043 106.317 0.053
201809 0.043 106.507 0.053
201812 0.046 105.998 0.057
201903 0.052 107.251 0.064
201906 0.046 108.070 0.056
201909 0.048 108.329 0.058
201912 0.050 108.420 0.061
202003 0.037 108.902 0.045
202006 0.004 108.767 0.005
202009 0.006 109.815 0.007
202012 0.007 109.897 0.008
202103 0.006 111.754 0.007
202106 0.005 114.631 0.006
202109 0.004 115.734 0.005
202112 0.007 117.630 0.008
202203 0.009 121.301 0.010
202206 0.013 125.017 0.014
202209 0.017 125.227 0.018
202212 0.020 125.222 0.021
202303 0.030 127.348 0.031
202306 0.035 128.729 0.036
202309 0.039 129.860 0.040
202312 0.042 129.419 0.043
202403 0.047 131.776 0.047

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  (SGX:TATD) 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 (SGX:TATD) 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 (SGX:TATD) Headlines

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