Salhia Real Estate Co KSCP (KUW:SRE) Cyclically Adjusted PS Ratio : 5.15 (As of Jun. 19, 2024)

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What is Salhia Real Estate Co KSCP Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Salhia Real Estate Co KSCP's current share price is KWD0.412. Salhia Real Estate Co KSCP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was KWD0.08. Salhia Real Estate Co KSCP's Cyclically Adjusted PS Ratio for today is 5.15.

The historical rank and industry rank for Salhia Real Estate Co KSCP's Cyclically Adjusted PS Ratio or its related term are showing as below:

KUW:SRE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.77 Med: 5.64 Max: 6.34
Current: 5.12

During the past years, Salhia Real Estate Co KSCP's highest Cyclically Adjusted PS Ratio was 6.34. The lowest was 4.77. And the median was 5.64.

KUW:SRE's Cyclically Adjusted PS Ratio is ranked worse than
77.56% of 1368 companies
in the Real Estate industry
Industry Median: 1.73 vs KUW:SRE: 5.12

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.

Salhia Real Estate Co KSCP's adjusted revenue per share data for the three months ended in Mar. 2024 was KWD0.019. 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 KWD0.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Salhia Real Estate Co KSCP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Salhia Real Estate Co KSCP'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.

Salhia Real Estate Co KSCP Cyclically Adjusted PS Ratio Chart

Salhia Real Estate Co KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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5.80

5.10

Salhia Real Estate Co KSCP 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															5.93	6.04	4.93	5.10	5.42

Competitive Comparison of Salhia Real Estate Co KSCP's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Salhia Real Estate Co KSCP'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.

Salhia Real Estate Co KSCP's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Salhia Real Estate Co KSCP's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Salhia Real Estate Co KSCP's Cyclically Adjusted PS Ratio falls into.

Salhia Real Estate Co KSCP 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.

Salhia Real Estate Co KSCP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	0.412	/	0.08
	=	5.15

Salhia Real Estate Co KSCP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Salhia Real Estate Co KSCP's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Mar. 2024 (Change)	*	Current CPI (Mar. 2024)
	=	0.019	/	131.7762	*	131.7762
	=	0.019

Current CPI (Mar. 2024) = 131.7762.

Salhia Real Estate Co KSCP Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201406	0.019	100.560	0.025
201409	0.018	100.428	0.024
201412	0.019	99.070	0.025
201503	0.020	99.621	0.026
201506	0.019	100.684	0.025
201509	0.017	100.392	0.022
201512	0.020	99.792	0.026
201603	0.020	100.470	0.026
201606	0.019	101.688	0.025
201609	0.017	101.861	0.022
201612	0.020	101.863	0.026
201703	0.020	102.862	0.026
201706	0.020	103.349	0.026
201709	0.018	104.136	0.023
201712	0.021	104.011	0.027
201803	0.021	105.290	0.026
201806	0.020	106.317	0.025
201809	0.019	106.507	0.024
201812	0.020	105.998	0.025
201903	0.021	107.251	0.026
201906	0.020	108.070	0.024
201909	0.018	108.329	0.022
201912	0.019	108.420	0.023
202003	0.017	108.902	0.021
202006	0.003	108.767	0.004
202009	0.007	109.815	0.008
202012	0.007	109.897	0.008
202103	0.007	111.754	0.008
202106	0.007	114.631	0.008
202109	0.009	115.734	0.010
202112	0.013	117.630	0.015
202203	0.014	121.301	0.015
202206	0.016	125.017	0.017
202209	0.016	125.227	0.017
202212	0.017	125.222	0.018
202303	0.017	127.348	0.018
202306	0.018	128.729	0.018
202309	0.018	129.860	0.018
202312	0.018	129.419	0.018
202403	0.019	131.776	0.019

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.

Salhia Real Estate Co KSCP (KUW:SRE) 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.

Salhia Real Estate Co KSCP Cyclically Adjusted PS Ratio Related Terms

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

Salhia Real Estate Co KSCP (KUW:SRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Salhia Real Estate Co KSCP (KUW:SRE) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mohammed Thunayan Al-Ghanim Street, P.O. Box 23413, Salhia Complex, Safat, Kuwait City, KWT, 13095

Website

https://www.salhia.com

Salhia Real Estate Co KSC is engaged in real estate leasing and development of commercial properties and hotel operations in Kuwait and the United Kingdom. The company operates its business through three segments: Real Estate Operations, Hotel Operations, and Care Home Operations. Real Estate Operations being the highest revenue generator is engaged in the development and leasing of properties. Hotel Operations consist of the hotel hospitality services provided through JW Marriott Hotel - Kuwait; Courtyard Marriott Hotel-Kuwait; and Arraya Ballroom - Kuwait. Care Home Operations consist of care home activities provided by subsidiary companies. Its primary geographic markets are Kuwait & GCC and Europe.