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Kenon Holdings (Kenon Holdings) Cyclically Adjusted PS Ratio : 1.88 (As of Apr. 30, 2024)


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What is Kenon Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Kenon Holdings's current share price is $22.35. Kenon Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.91. Kenon Holdings's Cyclically Adjusted PS Ratio for today is 1.88.

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

KEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.01   Max: 2.24
Current: 1.87

During the past years, Kenon Holdings's highest Cyclically Adjusted PS Ratio was 2.24. The lowest was 1.49. And the median was 2.01.

KEN's Cyclically Adjusted PS Ratio is ranked worse than
52.33% of 258 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.795 vs KEN: 1.87

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.

Kenon Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.872. 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 $11.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kenon Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kenon 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.

Kenon Holdings Cyclically Adjusted PS Ratio Chart

Kenon 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 - - - - 2.04

Kenon Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - 1.98 1.90 2.04

Competitive Comparison of Kenon Holdings's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Kenon 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.


Kenon Holdings's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kenon Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kenon 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.35/11.91
=1.88

* 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.

Kenon Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kenon Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.872/129.4194*129.4194
=2.872

Current CPI (Dec. 2023) = 129.4194.

Kenon Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.462 99.695 5.792
201406 6.309 100.560 8.120
201409 6.977 100.428 8.991
201412 6.311 99.070 8.244
201503 5.898 99.621 7.662
201506 6.355 100.684 8.169
201509 6.435 100.392 8.296
201512 -9.483 99.792 -12.298
201603 7.854 100.470 10.117
201606 8.171 101.688 10.399
201609 9.174 101.861 11.656
201612 -18.941 101.863 -24.065
201703 1.767 102.862 2.223
201706 1.587 103.349 1.987
201709 1.813 104.136 2.253
201712 1.647 104.011 2.049
201803 1.877 105.290 2.307
201806 1.535 106.317 1.869
201809 1.786 106.507 2.170
201812 1.577 105.998 1.925
201903 1.940 107.251 2.341
201906 1.381 108.070 1.654
201909 1.931 108.329 2.307
201912 1.917 108.420 2.288
202003 1.661 108.902 1.974
202006 1.414 108.767 1.682
202009 2.183 109.815 2.573
202012 1.939 109.897 2.283
202103 2.134 111.754 2.471
202106 1.953 114.631 2.205
202109 2.467 115.734 2.759
202112 2.498 117.630 2.748
202203 2.710 121.301 2.891
202206 2.246 125.017 2.325
202209 3.020 125.227 3.121
202212 2.692 125.222 2.782
202303 2.572 127.348 2.614
202306 3.080 128.729 3.097
202309 4.278 129.860 4.264
202312 2.872 129.419 2.872

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.


Kenon Holdings  (NYSE:KEN) 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.


Kenon Holdings Cyclically Adjusted PS Ratio Related Terms

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


Kenon Holdings (Kenon Holdings) Business Description

Traded in Other Exchanges
Address
1 Temasek Avenue, No. 37-02B, Millenia Tower, Singapore, SGP, 039192
Kenon Holdings Ltd is a holding company that operates dynamic, growth-oriented, businesses. The company's operating segments include OPC; CPV Group; Quantum and ZIM. It generates maximum revenue from the OPC segment. OPC operates in the Israeli electricity generation sector, including the initiation, development, construction, and operation of power plants and the sale and supply of electricity. Geographically, it derives a majority of revenue from Israel.