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National Cleaning Co (KUW:CLEANING) Cyclically Adjusted PS Ratio : 0.28 (As of Jun. 06, 2024)


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What is National Cleaning Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), National Cleaning Co's current share price is KWD0.0499. National Cleaning Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was KWD0.18. National Cleaning Co's Cyclically Adjusted PS Ratio for today is 0.28.

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

KUW:CLEANING' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.29   Max: 0.38
Current: 0.27

During the past 13 years, National Cleaning Co's highest Cyclically Adjusted PS Ratio was 0.38. The lowest was 0.16. And the median was 0.29.

KUW:CLEANING's Cyclically Adjusted PS Ratio is ranked better than
87.77% of 139 companies
in the Waste Management industry
Industry Median: 1.29 vs KUW:CLEANING: 0.27

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.

National Cleaning Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was KWD0.149. 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 KWD0.18 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Cleaning Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Cleaning Co'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.

National Cleaning Co Cyclically Adjusted PS Ratio Chart

National Cleaning Co Annual Data
Trend Dec11 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 0.37 0.29 0.29 0.17 0.21

National Cleaning Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 0.21 -

Competitive Comparison of National Cleaning Co's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, National Cleaning Co'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.


National Cleaning Co's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, National Cleaning Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Cleaning Co's Cyclically Adjusted PS Ratio falls into.



National Cleaning Co 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.

National Cleaning Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.0499/0.18
=0.28

* 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.

National Cleaning Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, National Cleaning Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.149/129.4194*129.4194
=0.149

Current CPI (Dec23) = 129.4194.

National Cleaning Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.120 95.213 0.163
201512 0.153 99.792 0.198
201612 0.160 101.863 0.203
201712 0.172 104.011 0.214
201812 0.165 105.998 0.201
201912 0.169 108.420 0.202
202012 0.155 109.897 0.183
202112 0.150 117.630 0.165
202212 0.151 125.222 0.156
202312 0.149 129.419 0.149

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.


National Cleaning Co  (KUW:CLEANING) 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.


National Cleaning Co Cyclically Adjusted PS Ratio Related Terms

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


National Cleaning Co (KUW:CLEANING) Business Description

Traded in Other Exchanges
N/A
Address
Near National Oil Company, P.O Box 25702, North Sabhan, Safat, Kuwait City, KWT, 13118
National Cleaning Co is a Kuwait based company. It has three segments. The Cleaning segment, which is the key revenue driver, includes external cleaning contracts, environment cleaning contracts, and supply and sale of cleaning materials and the materials necessary to remedy environmental pollution. The Agriculture and animal production segment includes contracts for the construction, landscaping, beautifying, and cleaning of parks and related agricultural works and trading in agricultural equipment and anima production. The Financial investment segment includes investing in money market instruments and investment in the management of quoted and unquoted equity in the organized financial market. Geographically, it has a presence in Kuwait, Qatar, Turkey, and India.

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