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Just Life Group (NZSE:JLG) Cyclically Adjusted PS Ratio : 0.59 (As of Jun. 14, 2024)


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What is Just Life Group Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Just Life Group's current share price is NZ$0.195. Just Life Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was NZ$0.33. Just Life Group's Cyclically Adjusted PS Ratio for today is 0.59.

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

NZSE:JLG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.47   Max: 3.65
Current: 0.59

During the past 13 years, Just Life Group's highest Cyclically Adjusted PS Ratio was 3.65. The lowest was 0.58. And the median was 1.47.

NZSE:JLG's Cyclically Adjusted PS Ratio is ranked better than
79.52% of 83 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.45 vs NZSE:JLG: 0.59

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.

Just Life Group's adjusted revenue per share data of for the fiscal year that ended in Jun23 was NZ$0.369. 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 NZ$0.33 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Just Life Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Just Life Group'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.

Just Life Group Cyclically Adjusted PS Ratio Chart

Just Life Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.42 2.86 1.42 0.80

Just Life Group 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 - 1.42 - 0.80 -

Competitive Comparison of Just Life Group's Cyclically Adjusted PS Ratio

For the Beverages - Non-Alcoholic subindustry, Just Life Group'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.


Just Life Group's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Just Life Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Just Life Group's Cyclically Adjusted PS Ratio falls into.



Just Life Group 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.

Just Life Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.195/0.33
=0.59

* 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.

Just Life Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Just Life Group's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.369/125.8458*125.8458
=0.369

Current CPI (Jun23) = 125.8458.

Just Life Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.289 99.646 0.365
201506 0.181 100.063 0.228
201606 0.178 100.480 0.223
201706 0.182 102.231 0.224
201806 0.200 103.764 0.243
201906 0.380 105.502 0.453
202006 0.336 107.035 0.395
202106 0.354 110.614 0.403
202206 0.369 118.690 0.391
202306 0.369 125.846 0.369

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.


Just Life Group  (NZSE:JLG) 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.


Just Life Group Cyclically Adjusted PS Ratio Related Terms

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


Just Life Group (NZSE:JLG) Business Description

Traded in Other Exchanges
N/A
Address
130 Hugo Johnston Drive, Penrose, Auckland, NTL, NZL, 1061
Just Life Group Ltd is a New Zealand based company that is focused on supplying products and services that enhance the lives of people. It has two operating segments: Healthy Living and Healthy Homes. Through these segments, it is engaged in the provision of filtered water solutions to customers including the sale of water and water-related products and enabling healthier homes with its Solatube daylighting products, the Cylinder Guy, Designer Tanks and Unovent home ventilation systems.

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