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OPG Power Ventures (LSE:OPG) Cyclically Adjusted PS Ratio : 0.28 (As of Jun. 11, 2024)


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What is OPG Power Ventures Cyclically Adjusted PS Ratio?

As of today (2024-06-11), OPG Power Ventures's current share price is £0.105. OPG Power Ventures's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was £0.37. OPG Power Ventures's Cyclically Adjusted PS Ratio for today is 0.28.

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

LSE:OPG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.38   Max: 1.17
Current: 0.29

During the past 13 years, OPG Power Ventures's highest Cyclically Adjusted PS Ratio was 1.17. The lowest was 0.17. And the median was 0.38.

LSE:OPG's Cyclically Adjusted PS Ratio is ranked better than
87.07% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.84 vs LSE:OPG: 0.29

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.

OPG Power Ventures's adjusted revenue per share data of for the fiscal year that ended in Mar23 was £0.146. 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 £0.37 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


OPG Power Ventures Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OPG Power Ventures'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.

OPG Power Ventures Cyclically Adjusted PS Ratio Chart

OPG Power Ventures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.37 0.60 0.20 0.25

OPG Power Ventures Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 0.20 - 0.25 -

Competitive Comparison of OPG Power Ventures's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, OPG Power Ventures'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.


OPG Power Ventures's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where OPG Power Ventures's Cyclically Adjusted PS Ratio falls into.



OPG Power Ventures 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.

OPG Power Ventures's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.105/0.37
=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.

OPG Power Ventures's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, OPG Power Ventures's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.146/127.3478*127.3478
=0.146

Current CPI (Mar23) = 127.3478.

OPG Power Ventures Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.280 99.695 0.358
201503 0.278 99.621 0.355
201603 0.354 100.470 0.449
201703 0.386 102.862 0.478
201803 0.397 105.290 0.480
201903 0.383 107.251 0.455
202003 0.392 108.902 0.458
202103 0.233 111.754 0.266
202203 0.199 121.301 0.209
202303 0.146 127.348 0.146

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.


OPG Power Ventures  (LSE:OPG) 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.


OPG Power Ventures Cyclically Adjusted PS Ratio Related Terms

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


OPG Power Ventures (LSE:OPG) Business Description

Traded in Other Exchanges
Address
55 Athol Street, Douglas, IMN, IM1 1LA
OPG Power Ventures PLC is engaged in the development, owning, operation and maintenance of private sector power projects in India. The electricity generated from the group's plants is sold principally to public sector undertakings and heavy industrial companies in India or in the short term market. The business objective of the group is to focus on the power generation business within India and thereby provide reliable, cost effective power to the industrial consumers and other users under the open access provisions mandated by the Government of India.

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