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South Ocean Holdings (JSE:SOH) Cyclically Adjusted PS Ratio : 0.13 (As of Jun. 06, 2024)


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What is South Ocean Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-06), South Ocean Holdings's current share price is R1.57. South Ocean Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was R12.23. South Ocean Holdings's Cyclically Adjusted PS Ratio for today is 0.13.

The historical rank and industry rank for South Ocean Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

JSE:SOH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.14
Current: 0.11

During the past 13 years, South Ocean Holdings's highest Cyclically Adjusted PS Ratio was 0.14. The lowest was 0.02. And the median was 0.05.

JSE:SOH's Cyclically Adjusted PS Ratio is ranked better than
96.59% of 2197 companies
in the Industrial Products industry
Industry Median: 1.42 vs JSE:SOH: 0.11

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.

South Ocean Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was R11.627. 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 R12.23 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


South Ocean Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for South Ocean Holdings'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.

South Ocean Holdings Cyclically Adjusted PS Ratio Chart

South Ocean Holdings 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 0.03 0.03 0.10 0.10 0.09

South Ocean Holdings 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 0.10 - 0.10 - 0.09

Competitive Comparison of South Ocean Holdings's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, South Ocean Holdings'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.


South Ocean Holdings's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, South Ocean Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where South Ocean Holdings's Cyclically Adjusted PS Ratio falls into.



South Ocean Holdings 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.

South Ocean Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.57/12.23
=0.13

* 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.

South Ocean Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, South Ocean Holdings'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)
=11.627/152.7175*152.7175
=11.627

Current CPI (Dec23) = 152.7175.

South Ocean Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 10.968 96.794 17.305
201512 10.598 101.808 15.898
201612 9.168 109.002 12.845
201712 9.117 113.907 12.223
201812 9.197 118.921 11.811
201912 7.661 123.717 9.457
202012 8.575 127.467 10.274
202112 9.846 135.029 11.136
202212 9.215 145.156 9.695
202312 11.627 152.718 11.627

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.


South Ocean Holdings  (JSE:SOH) 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.


South Ocean Holdings Cyclically Adjusted PS Ratio Related Terms

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


South Ocean Holdings (JSE:SOH) Business Description

Traded in Other Exchanges
N/A
Address
16 Botha Street, Alrode, ZAF, 1451
South Ocean Holdings Ltd is an investment holding company. The Company through its subsidiaries manufactures electrical wires, imports and distributes electrical accessories, general-purpose insulated wire, a range of flexible conductors, steel wire armored cables, flat-twin and earth cables, aluminum conductor steel reinforced (ACSR) cables, aerial bundle conductors (ABC) and surface wire investment company and light fittings assembly. The operating segments of the company include Electrical cable manufacturing and Property investments. The company earns maximum revenue by selling Copper cables The group operates in South Africa.

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