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DHT Holdings (MEX:DHT) Cyclically Adjusted PS Ratio : 3.81 (As of Jun. 25, 2024)


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What is DHT Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-25), DHT Holdings's current share price is MXN207.00. DHT Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN54.34. DHT Holdings's Cyclically Adjusted PS Ratio for today is 3.81.

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

MEX:DHT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.56   Max: 3.5
Current: 3.28

During the past years, DHT Holdings's highest Cyclically Adjusted PS Ratio was 3.50. The lowest was 0.19. And the median was 0.56.

MEX:DHT's Cyclically Adjusted PS Ratio is ranked worse than
84.17% of 758 companies
in the Oil & Gas industry
Industry Median: 0.86 vs MEX:DHT: 3.28

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.

DHT Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was MXN15.117. 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 MXN54.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DHT Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DHT 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.

DHT Holdings Cyclically Adjusted PS Ratio Chart

DHT 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 0.97 0.81 1.10 2.43 2.82

DHT Holdings 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 2.98 2.37 2.89 2.82 3.22

Competitive Comparison of DHT Holdings's Cyclically Adjusted PS Ratio

For the Oil & Gas Midstream subindustry, DHT 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.


DHT Holdings's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DHT Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



DHT 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=207.00/54.34
=3.81

* 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.

DHT Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, DHT Holdings'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)
=15.117/131.7762*131.7762
=15.117

Current CPI (Mar. 2024) = 131.7762.

DHT Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.615 100.560 4.737
201409 6.249 100.428 8.200
201412 11.558 99.070 15.374
201503 13.097 99.621 17.324
201506 11.613 100.684 15.199
201509 13.836 100.392 18.161
201512 14.429 99.792 19.054
201603 16.292 100.470 21.368
201606 15.969 101.688 20.694
201609 13.425 101.861 17.368
201612 18.738 101.863 24.241
201703 15.399 102.862 19.728
201706 13.161 103.349 16.781
201709 10.757 104.136 13.612
201712 12.708 104.011 16.100
201803 10.149 105.290 12.702
201806 9.201 106.317 11.404
201809 11.746 106.507 14.533
201812 18.966 105.998 23.578
201903 18.011 107.251 22.130
201906 14.339 108.070 17.484
201909 14.505 108.329 17.644
201912 14.747 108.420 17.924
202003 29.472 108.902 35.663
202006 33.402 108.767 40.468
202009 18.386 109.815 22.063
202012 10.591 109.897 12.700
202103 10.376 111.754 12.235
202106 7.675 114.631 8.823
202109 7.250 115.734 8.255
202112 10.325 117.630 11.567
202203 9.134 121.301 9.923
202206 12.049 125.017 12.700
202209 13.562 125.227 14.271
202212 20.049 125.222 21.098
202303 14.637 127.348 15.146
202306 16.080 128.729 16.461
202309 14.155 129.860 14.364
202312 15.098 129.419 15.373
202403 15.117 131.776 15.117

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.


DHT Holdings  (MEX:DHT) 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.


DHT Holdings Cyclically Adjusted PS Ratio Related Terms

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


DHT Holdings (MEX:DHT) Business Description

Industry
Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
DHT Holdings Inc is a crude oil tanker company. It is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC. It generates revenues from time charter and spot market operations. Its fleets consist of very large crude carriers known as VLCCs that range in size from 200,000 to 320,000 deadweight tons. Geographically, DHT operates in Monaco, Oslo, Norway, and Singapore.

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