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East African Cables (NAI:CABL) Cyclically Adjusted PS Ratio : 0.08 (As of Jun. 20, 2024)


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What is East African Cables Cyclically Adjusted PS Ratio?

As of today (2024-06-20), East African Cables's current share price is KES0.96. East African Cables's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was KES12.76. East African Cables's Cyclically Adjusted PS Ratio for today is 0.08.

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

NAI:CABL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.09   Max: 0.34
Current: 0.08

During the past 13 years, East African Cables's highest Cyclically Adjusted PS Ratio was 0.34. The lowest was 0.06. And the median was 0.09.

NAI:CABL's Cyclically Adjusted PS Ratio is ranked better than
97.54% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs NAI:CABL: 0.08

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.

East African Cables's adjusted revenue per share data of for the fiscal year that ended in Dec23 was KES9.974. 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 KES12.76 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


East African Cables Cyclically Adjusted PS Ratio Historical Data

The historical data trend for East African Cables'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.

East African Cables Cyclically Adjusted PS Ratio Chart

East African Cables 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 0.16 0.09 0.09 0.06 0.08

East African Cables Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.09 - 0.06 - 0.08

Competitive Comparison of East African Cables's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, East African Cables'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.


East African Cables's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, East African Cables's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where East African Cables's Cyclically Adjusted PS Ratio falls into.



East African Cables 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.

East African Cables's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.96/12.76
=0.08

* 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.

East African Cables's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, East African Cables'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)
=9.974/129.4194*129.4194
=9.974

Current CPI (Dec23) = 129.4194.

East African Cables Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 20.142 99.070 26.312
201512 14.713 99.792 19.081
201612 14.422 101.863 18.324
201712 9.265 104.011 11.528
201812 6.444 105.998 7.868
201912 6.263 108.420 7.476
202012 7.111 109.897 8.374
202112 7.301 117.630 8.033
202212 10.294 125.222 10.639
202312 9.974 129.419 9.974

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.


East African Cables  (NAI:CABL) 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.


East African Cables Cyclically Adjusted PS Ratio Related Terms

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


East African Cables (NAI:CABL) Business Description

Traded in Other Exchanges
N/A
Address
Addis Ababa Road, Industrial Area, P.O. Box 18243, Nairobi, KEN, 00500
East African Cables Ltd manufactures a range of cables for applications in domestic and industrial lighting, transmission, and distribution of electricity. It also offers data, telecommunication, and fiber optic solutions with requisite accessories. The company's geographical segments include Kenya and Uganda and Tanzania. It generates maximum revenue from Kenya and Uganda region. The company's product portfolio includes Utility Cables; House Wiring Cables; Armoured and Non-Armoured Cables; Automotive Cables; Telecommunication Cables; and others.

East African Cables (NAI:CABL) Headlines

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