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Dis-Chem Pharmacies (JSE:DCP) Cyclically Adjusted PS Ratio : (As of Jun. 04, 2024)


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What is Dis-Chem Pharmacies Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dis-Chem Pharmacies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dis-Chem Pharmacies'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.

Dis-Chem Pharmacies Cyclically Adjusted PS Ratio Chart

Dis-Chem Pharmacies Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.91 -

Dis-Chem Pharmacies Semi-Annual Data
Feb14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - -

Competitive Comparison of Dis-Chem Pharmacies's Cyclically Adjusted PS Ratio

For the Pharmaceutical Retailers subindustry, Dis-Chem Pharmacies'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.


Dis-Chem Pharmacies's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dis-Chem Pharmacies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dis-Chem Pharmacies's Cyclically Adjusted PS Ratio falls into.



Dis-Chem Pharmacies 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.

Dis-Chem Pharmacies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb24 is calculated as:

For example, Dis-Chem Pharmacies's adjusted Revenue per Share data for the fiscal year that ended in Feb24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=42.283/154.2028*154.2028
=42.283

Current CPI (Feb24) = 154.2028.

Dis-Chem Pharmacies Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201502 15.000 97.339 23.763
201602 17.498 104.097 25.921
201702 21.146 110.855 29.415
201802 22.649 115.106 30.342
201902 24.904 119.793 32.058
202002 27.897 125.243 34.348
202102 30.565 128.817 36.588
202202 35.340 136.109 40.038
202302 37.965 146.101 40.070
202402 42.283 154.203 42.283

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.


Dis-Chem Pharmacies  (JSE:DCP) 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.


Dis-Chem Pharmacies Cyclically Adjusted PS Ratio Related Terms

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Dis-Chem Pharmacies (JSE:DCP) Business Description

Traded in Other Exchanges
N/A
Address
23 Stag Road, Glen Austin, Midrand, Johannesburg, GT, ZAF, 1685
Dis-Chem Pharmacies Ltd is a pharmaceutical company based in South Africa. Its product portfolio includes personal care products, beauty products, healthcare and nutrition products, and dispensary and baby care products. The operating segments of the group are Retail and Wholesale. It derives maximum revenue from the Retail segment, which includes company stores, retailers of pharmaceutical and a variety of health and beauty products, as well as pharma-logistic services and oncology and retailers of pharmaceutical products. The Wholesale segment consists of the CJ wholesale and company distribution businesses, wholesalers of pharmaceuticals, and a variety of health and beauty products. Geographically, the group carries its business operations principally in South Africa.