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Orion Equities (ASX:OEQ) Cyclically Adjusted PS Ratio : 18.00 (As of May. 17, 2024)


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What is Orion Equities Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Orion Equities's current share price is A$0.18. Orion Equities's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was A$0.01. Orion Equities's Cyclically Adjusted PS Ratio for today is 18.00.

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

ASX:OEQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 2.67   Max: 31.05
Current: 31.05

During the past 13 years, Orion Equities's highest Cyclically Adjusted PS Ratio was 31.05. The lowest was 0.38. And the median was 2.67.

ASX:OEQ's Cyclically Adjusted PS Ratio is ranked worse than
95.21% of 876 companies
in the Asset Management industry
Industry Median: 7.41 vs ASX:OEQ: 31.05

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.

Orion Equities's adjusted revenue per share data of for the fiscal year that ended in Jun23 was A$-0.030. 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 A$0.01 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orion Equities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Orion Equities'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.

Orion Equities Cyclically Adjusted PS Ratio Chart

Orion Equities Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.66 - 11.72 19.27 14.98

Orion Equities 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 - 19.27 - 14.98 -

Competitive Comparison of Orion Equities's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Orion Equities'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.


Orion Equities's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Orion Equities's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Orion Equities's Cyclically Adjusted PS Ratio falls into.



Orion Equities 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.

Orion Equities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.18/0.01
=18.00

* 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.

Orion Equities's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Orion Equities's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.03/124.1700*124.1700
=-0.030

Current CPI (Jun23) = 124.1700.

Orion Equities Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.003 98.352 0.004
201506 0.010 99.838 0.012
201606 -0.002 100.859 -0.002
201706 0.002 102.809 0.002
201806 0.011 104.945 0.013
201906 -0.005 106.617 -0.006
202006 0.000 106.246 0.000
202106 0.142 110.332 0.160
202206 -0.098 117.112 -0.104
202306 -0.030 124.170 -0.030

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.


Orion Equities  (ASX:OEQ) 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.


Orion Equities Cyclically Adjusted PS Ratio Related Terms

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


Orion Equities (ASX:OEQ) Business Description

Traded in Other Exchanges
N/A
Address
680 Murray Street, Suite 1, Level 1, West Perth, Perth, WA, AUS, 6005
Orion Equities Ltd provides investment services. The firm invests in listed and unlisted securities, real estate and olive grove companies. It operates through the following segments: Investment, and Corporate. The Investments segment which accounts for the majority of the firm's revenue comprises of equity investments of companies listed on the Australian Securities Exchange (ASX) and liquid financial assets. The Corporate segment handles the corporate assets, office expenses and income tax assets and liabilities.

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