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Orient Overseas (International) (HKSE:00316) Cyclically Adjusted PS Ratio : 1.13 (As of May. 21, 2024)


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What is Orient Overseas (International) Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Orient Overseas (International)'s current share price is HK$133.10. Orient Overseas (International)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$117.79. Orient Overseas (International)'s Cyclically Adjusted PS Ratio for today is 1.13.

The historical rank and industry rank for Orient Overseas (International)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

HKSE:00316' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.6   Max: 2.77
Current: 1.13

During the past 13 years, Orient Overseas (International)'s highest Cyclically Adjusted PS Ratio was 2.77. The lowest was 0.31. And the median was 0.60.

HKSE:00316's Cyclically Adjusted PS Ratio is ranked worse than
57.45% of 738 companies
in the Transportation industry
Industry Median: 0.85 vs HKSE:00316: 1.13

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.

Orient Overseas (International)'s adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$98.677. 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 HK$117.79 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orient Overseas (International) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Orient Overseas (International)'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.

Orient Overseas (International) Cyclically Adjusted PS Ratio Chart

Orient Overseas (International) 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 0.43 0.90 1.92 1.23 0.93

Orient Overseas (International) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.92 - 1.23 - 0.93

Competitive Comparison of Orient Overseas (International)'s Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Orient Overseas (International)'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.


Orient Overseas (International)'s Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Orient Overseas (International)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Orient Overseas (International)'s Cyclically Adjusted PS Ratio falls into.



Orient Overseas (International) 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.

Orient Overseas (International)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=133.10/117.79
=1.13

* 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.

Orient Overseas (International)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Orient Overseas (International)'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)
=98.677/117.2957*117.2957
=98.677

Current CPI (Dec23) = 117.2957.

Orient Overseas (International) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 80.808 99.707 95.063
201512 73.736 102.015 84.780
201612 65.681 103.225 74.634
201712 74.679 104.984 83.437
201812 82.127 107.622 89.509
201912 85.787 110.700 90.898
202012 101.468 109.711 108.483
202112 204.143 112.349 213.132
202212 233.668 114.548 239.274
202312 98.677 117.296 98.677

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.


Orient Overseas (International)  (HKSE:00316) 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.


Orient Overseas (International) Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Orient Overseas (International)'s Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Orient Overseas (International) (HKSE:00316) Business Description

Traded in Other Exchanges
Address
25 Harbour Road, 31st Floor, Harbour Centre, Wanchai, Hong Kong, HKG
Orient Overseas (International) Ltd is engaged in container transport and logistics. Container transport and logistics include containerized shipping services in majorly trade lanes, covering Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades, and integrated services over the management and control of effective storage and flow of goods. Revenue comprises gross freight income, charter hire, service, and other income from the operation of the container transport and logistics and rental income from the investment property.

Orient Overseas (International) (HKSE:00316) Headlines

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