Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Cyclically Adjusted PS Ratio: 2.53 (As of Jul. 22, 2026) — 124% Above Median

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MUS:SSPW Sembcorp Salalah Power & Water Company SAOG MUS:SSPW
66 GF Score
Price ر.ع0.25
GF Value ر.ع0.11
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Sembcorplalah Power & Water CompanyOG Cyclically Adjusted PS Ratio?

Sembcorplalah Power & Water CompanyOG MUS:SSPW 66 Cyclically Adjusted PS Ratio is 2.53 as of Jul. 22, 2026, which is 124% above its 10-year median of 1.13. GuruFocus rates MUS:SSPW with a GF Score™ of 66/100 and a GF Value™ of ر.ع0.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 269 Utilities - Independent Power Producers companies, Sembcorplalah Power & Water CompanyOG ranks worse than 65.43% on this metric.

As of today (2026-07-22), Sembcorplalah Power & Water CompanyOG's current share price is ر.ع0.253. Sembcorplalah Power & Water CompanyOG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ر.ع0.10. Sembcorplalah Power & Water CompanyOG's Cyclically Adjusted PS Ratio for today is 2.53.

The historical rank and industry rank for Sembcorplalah Power & Water CompanyOG's Cyclically Adjusted PS Ratio or its related term are showing as below:

MUS:SSPW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.13   Max: 2.68
Current: 2.68

During the past years, Sembcorplalah Power & Water CompanyOG's highest Cyclically Adjusted PS Ratio was 2.68. The lowest was 0.56. And the median was 1.13.

MUS:SSPW's Cyclically Adjusted PS Ratio is ranked worse than
65.43% of 269 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.71 vs MUS:SSPW: 2.68

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.

Sembcorplalah Power & Water CompanyOG's adjusted revenue per share data for the three months ended in Mar. 2026 was ر.ع0.022. 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 ر.ع0.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sembcorplalah Power & Water CompanyOG  (MUS:SSPW) 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.


Sembcorplalah Power & Water CompanyOG Cyclically Adjusted PS Ratio Related Terms


Sembcorplalah Power & Water CompanyOG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sembcorplalah Power & Water CompanyOG'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.

Sembcorplalah Power & Water CompanyOG Cyclically Adjusted PS Ratio Chart

Sembcorplalah Power & Water CompanyOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.75 0.95 1.07 2.20

Sembcorplalah Power & Water CompanyOG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.04 1.09 2.12 2.20 2.38

MUS:SSPW vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Sembcorplalah Power & Water CompanyOG'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.


Sembcorplalah Power & Water CompanyOG Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Sembcorplalah Power & Water CompanyOG's Cyclically Adjusted PS Ratio falls into.


MUS:SSPW
66GF Score
Sembcorp Salalah Power & Water Company SAOG MUS:SSPW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sembcorplalah Power & Water CompanyOG 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.

Sembcorplalah Power & Water CompanyOG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.253/0.10
=2.53

* 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.

Sembcorplalah Power & Water CompanyOG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sembcorplalah Power & Water CompanyOG's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.022/330.2130*330.2130
=0.022

Current CPI (Mar. 2026) = 330.2130.

Sembcorplalah Power & Water CompanyOG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.023 241.018 0.032
201609 0.020 241.428 0.027
201612 0.020 241.432 0.027
201703 0.019 243.801 0.026
201706 0.024 244.955 0.032
201709 0.020 246.819 0.027
201712 0.018 246.524 0.024
201803 0.017 249.554 0.022
201806 0.019 251.989 0.025
201809 0.017 252.439 0.022
201812 0.019 251.233 0.025
201903 0.017 254.202 0.022
201906 0.022 256.143 0.028
201909 0.020 256.759 0.026
201912 0.019 256.974 0.024
202003 0.017 258.115 0.022
202006 0.021 257.797 0.027
202009 0.019 260.280 0.024
202012 0.018 260.474 0.023
202103 0.017 264.877 0.021
202106 0.022 271.696 0.027
202109 0.019 274.310 0.023
202112 0.017 278.802 0.020
202203 0.018 287.504 0.021
202206 0.022 296.311 0.025
202209 0.019 296.808 0.021
202212 0.019 296.797 0.021
202303 0.019 301.836 0.021
202306 0.022 305.109 0.024
202309 0.021 307.789 0.023
202312 0.021 306.746 0.023
202403 0.020 312.332 0.021
202406 0.023 314.175 0.024
202409 0.022 315.301 0.023
202412 0.021 315.605 0.022
202503 0.020 319.799 0.021
202506 0.024 322.561 0.025
202509 0.022 324.800 0.022
202512 0.022 324.054 0.022
202603 0.022 330.213 0.022

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.

What does a Cyclically Adjusted PS Ratio of 2.53 mean?
Sembcorplalah Power & Water CompanyOG (MUS:SSPW) has a Cyclically Adjusted PS Ratio of 2.53 as of Jul. 22, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sembcorplalah Power & Water CompanyOG and its competitors. This is 124% above median its historical median of 1.13. Over the past decade, Sembcorplalah Power & Water CompanyOG's Cyclically Adjusted PS Ratio has ranged from 0.56 to 2.68. According to the industry distribution chart, Sembcorplalah Power & Water CompanyOG ranks #176 out of 269 companies in the Utilities - Independent Power Producers industry, placing it in the top 65.4%.
Is Sembcorplalah Power & Water CompanyOG's Cyclically Adjusted PS Ratio too high?
Sembcorplalah Power & Water CompanyOG's current Cyclically Adjusted PS Ratio of 2.53 is 124% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 2.68. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.71. Sembcorplalah Power & Water CompanyOG's value of 2.53 is 48% above this industry median. Based on the distribution chart, Sembcorplalah Power & Water CompanyOG ranks #176 out of 269 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Sembcorplalah Power & Water CompanyOG has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sembcorplalah Power & Water CompanyOG's Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Sembcorplalah Power & Water CompanyOG ranks #176 out of 269 companies for Cyclically Adjusted PS Ratio. This places Sembcorplalah Power & Water CompanyOG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Sembcorplalah Power & Water CompanyOG's value of 2.53 is 48% above this benchmark. Historically, Sembcorplalah Power & Water CompanyOG's own Cyclically Adjusted PS Ratio has ranged from 0.56 to 2.68 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.71, Sembcorplalah Power & Water CompanyOG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.71, based on 269 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sembcorplalah Power & Water CompanyOG's current Cyclically Adjusted PS Ratio of 2.53 is 48% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sembcorplalah Power & Water CompanyOG and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sembcorplalah Power & Water CompanyOG's current Cyclically Adjusted PS Ratio is 2.53, which is 124% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sembcorplalah Power & Water CompanyOG stock overvalued right now?
Based on GuruFocus' analysis, Sembcorplalah Power & Water CompanyOG (MUS:SSPW) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.11, compared to a current price of ر.ع0.25 — trading 130% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.53, which is 124% above median its 10-year median of 1.13 and 48% above the Utilities - Independent Power Producers industry median of 1.71. Sembcorplalah Power & Water CompanyOG's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Sembcorplalah Power & Water CompanyOG (MUS:SSPW), the current Cyclically Adjusted PS Ratio is 2.53 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Overvalued in 2026?

Based on GuruFocus' analysis, Sembcorplalah Power & Water CompanyOG stock appears to be overvalued. The current stock price of ر.ع0.25 is trading 130% above its estimated GF Value™ of ر.ع0.11. GuruFocus considers Sembcorplalah Power & Water CompanyOG to be Significantly Overvalued.

Key valuation signals for MUS:SSPW:

  • Cyclically Adjusted PS Ratio: 2.53 (124% above median its 10-year median of 1.13)
  • GF Value™: ر.ع0.11 vs. price of ر.ع0.25 (130% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 48% above the Utilities - Independent Power Producers median (#176 of 269)

No single metric tells the full story. See the MUS:SSPW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sembcorplalah Power & Water CompanyOG Business Description

Address PO Box 1466, Salalah, OMN, 211
Sembcorp Salalah Power & Water Company SAOG develops, owns, and operates an electricity generation and seawater desalination plant located between the towns of Taqah and Mirbat. The plant meets the growing power and water demands of the region over the short, medium, and long term. The company generates its revenues from PWPA with Oman Power & Water Procurement Company. Under the terms of the PWPA, the plant's contracted power and water capacity are sold exclusively to OPWP on a long-term take-or-pay basis.
66GF Score

Get the complete analysis for MUS:SSPW

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.25
Price
ر.ع0.11
GF Value