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South Jersey Industries (South Jersey Industries) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is South Jersey Industries Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


South Jersey Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for South Jersey Industries'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.

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South Jersey Industries Cyclically Adjusted PS Ratio Chart

South Jersey Industries Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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South Jersey Industries Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of South Jersey Industries's Cyclically Adjusted PS Ratio

For the Utilities - Diversified subindustry, South Jersey Industries'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 Jersey Industries's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, South Jersey Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



South Jersey Industries 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 Jersey Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, South Jersey Industries's adjusted Revenue per Share data for the three months ended in Sep. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=4.969/125.2265*125.2265
=4.969

Current CPI (Sep. 2022) = 125.2265.

South Jersey Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 3.134 96.871 4.051
201303 4.018 98.209 5.123
201306 1.915 98.518 2.434
201309 2.014 98.790 2.553
201312 3.473 98.326 4.423
201403 5.332 99.695 6.698
201406 2.017 100.560 2.512
201409 1.846 100.428 2.302
201412 4.166 99.070 5.266
201503 5.581 99.621 7.015
201506 2.589 100.684 3.220
201509 2.056 100.392 2.565
201512 3.702 99.792 4.646
201603 4.663 100.470 5.812
201606 2.051 101.688 2.526
201609 2.751 101.861 3.382
201612 4.142 101.863 5.092
201703 5.347 102.862 6.510
201706 3.072 103.349 3.722
201709 2.855 104.136 3.433
201712 4.346 104.011 5.232
201803 6.547 105.290 7.787
201806 2.704 106.317 3.185
201809 3.538 106.507 4.160
201812 6.652 105.998 7.859
201903 6.970 107.251 8.138
201906 2.889 108.070 3.348
201909 2.827 108.329 3.268
201912 5.005 108.420 5.781
202003 5.771 108.902 6.636
202006 2.774 108.767 3.194
202009 2.600 109.815 2.965
202012 4.819 109.897 5.491
202103 6.615 111.754 7.412
202106 2.812 114.631 3.072
202109 3.252 115.734 3.519
202112 5.678 117.630 6.045
202203 6.886 121.301 7.109
202206 4.177 125.017 4.184
202209 4.969 125.227 4.969

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 Jersey Industries  (NYSE:SJI) 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 Jersey Industries Cyclically Adjusted PS Ratio Related Terms

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South Jersey Industries (South Jersey Industries) Business Description

Traded in Other Exchanges
N/A
Address
1 South Jersey Plaza, Folsom, NJ, USA, 08037
South Jersey Industries Inc is a New Jersey holding company that acquires and develops utility companies. Through its many subsidiaries, SJI is primarily involved in transmitting, distributing, and selling natural gas and electricity in the mid-Atlantic U.S. The company segments its operations into gas utility operations and energy group businesses. The majority of SJI's total revenue comes from its gas utility operations, which encompasses the company's principal subsidiary: South Jersey Gas. SJG purchases, transmit, and sells natural gas primarily for residential consumers in southern New Jersey. The energy group also represents a significant income stream through its wholesale energy and retail electric services.
Executives
G Edison Holland director 270 PEACHTREE ST NW BIN 910, ATLANTA GA 30303
Kevin M. O'dowd director 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Eric Moss Stein officer: SVP, General Counsel 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Leonard Jr Brinson officer: SVP, Chief Information Officer 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Karen L Phillips officer: SVP, Human Resources 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Christopher Paladino director 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Sheila Hartnett-devlin director, Director SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Sunita Holzer director SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Kathleen D Larkin officer: SVP & CHRO 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Cielo Hernandez officer: SVP & CFO C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Ann T Anthony officer: Treasurer 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Walter M Higgins director SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Michael J Renna officer: Vice President 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Melissa Orsen officer: SVP & General Counsel 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
Steven R Cocchi officer: SVP, Strategy & Growth 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037

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