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Tongaat Hulett (JSE:TON) Cyclically Adjusted PS Ratio : (As of May. 16, 2024)


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What is Tongaat Hulett Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tongaat Hulett Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tongaat Hulett'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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Tongaat Hulett Cyclically Adjusted PS Ratio Chart

Tongaat Hulett Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Cyclically Adjusted PS Ratio
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Tongaat Hulett Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21
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Competitive Comparison of Tongaat Hulett's Cyclically Adjusted PS Ratio

For the Confectioners subindustry, Tongaat Hulett'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.


Tongaat Hulett's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongaat Hulett's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tongaat Hulett 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.

Tongaat Hulett's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar21 is calculated as:

For example, Tongaat Hulett's adjusted Revenue per Share data for the fiscal year that ended in Mar21 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar21 (Change)*Current CPI (Mar21)
=110.105/129.6275*129.6275
=110.105

Current CPI (Mar21) = 129.6275.

Tongaat Hulett Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201203 111.101 84.258 170.924
201303 128.017 89.381 185.660
201403 139.104 94.723 190.363
201503 141.230 98.538 185.790
201603 144.417 104.969 178.343
201703 155.569 111.400 181.024
201803 159.125 115.542 178.524
201903 116.328 120.774 124.856
202003 113.976 125.679 117.557
202103 110.105 129.628 110.105

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.


Tongaat Hulett  (JSE:TON) 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.


Tongaat Hulett Cyclically Adjusted PS Ratio Related Terms

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Tongaat Hulett (JSE:TON) Business Description

Traded in Other Exchanges
N/A
Address
Amanzimnyama Hill Road, P O Box 3, Tongaat, NL, ZAF, 4400
Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.

Tongaat Hulett (JSE:TON) Headlines

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