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Oceana Group (NAM:OCG) Cyclically Adjusted PB Ratio : 1.14 (As of Jun. 01, 2025)


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What is Oceana Group Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Oceana Group's current share price is R59.65. Oceana Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep24 was R52.36. Oceana Group's Cyclically Adjusted PB Ratio for today is 1.14.

The historical rank and industry rank for Oceana Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

NAM:OCG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 2.09   Max: 7.54
Current: 1.07

During the past 13 years, Oceana Group's highest Cyclically Adjusted PB Ratio was 7.54. The lowest was 0.99. And the median was 2.09.

NAM:OCG's Cyclically Adjusted PB Ratio is ranked better than
59.24% of 1310 companies
in the Consumer Packaged Goods industry
Industry Median: 1.335 vs NAM:OCG: 1.07

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Oceana Group's adjusted book value per share data of for the fiscal year that ended in Sep24 was R63.157. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R52.36 for the trailing ten years ended in Sep24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oceana Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oceana Group's Cyclically Adjusted PB 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.

Oceana Group Cyclically Adjusted PB Ratio Chart

Oceana Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.78 1.23 1.52 1.25

Oceana Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Cyclically Adjusted PB 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 1.23 - 1.52 - 1.25

Competitive Comparison of Oceana Group's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Oceana Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Oceana Group's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oceana Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Oceana Group's Cyclically Adjusted PB Ratio falls into.


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Oceana Group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Oceana Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59.65/52.36
=1.14

* 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.

Oceana Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep24 is calculated as:

For example, Oceana Group's adjusted Book Value per Share data for the fiscal year that ended in Sep24 was:

Adj_Book=Book Value per Share/CPI of Sep24 (Change)*Current CPI (Sep24)
=63.157/157.2121*157.2121
=63.157

Current CPI (Sep24) = 157.2121.

Oceana Group Annual Data

Book Value per Share CPI Adj_Book
201509 29.882 101.154 46.442
201609 33.425 107.694 48.794
201709 31.388 112.926 43.697
201809 39.575 118.376 52.559
201909 43.057 123.281 54.908
202009 49.365 126.878 61.167
202109 43.692 133.273 51.540
202209 56.033 143.671 61.314
202309 64.674 151.502 67.111
202409 63.157 157.212 63.157

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Oceana Group  (NAM:OCG) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Oceana Group Cyclically Adjusted PB Ratio Related Terms

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


Oceana Group Business Description

Traded in Other Exchanges
Address
25 Jan Smuts Street, 9th Floor, Oceana House, Foreshore, Cape Town, WC, ZAF, 8001
Oceana Group Ltd is an African fishing company focused on catching, procuring, processing, marketing, and distributing canned fish, fishmeal, fish oil, lobster, horse mackerel, squid, and hake. Oceana Group also provides refrigerated warehouse facilities and logistical support services. The company's principal market is the lower-end consumer who prefers canned fish and horse mackerel. Most of Oceana Group's revenue is derived from South Africa and Nambia. The company operates through four segments: Lucky Star Foods, Fishmeal and Fish Oil (Africa), which contributes the majority of revenue; Fishmeal and Fish Oil (USA); and Wild-caught seafood.