Oceania Healthcare (NZSE:OCA) Cyclically Adjusted PS Ratio : (As of May. 23, 2024)

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What is Oceania Healthcare Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Oceania Healthcare does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

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Oceania Healthcare Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oceania Healthcare'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.

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Oceania Healthcare Cyclically Adjusted PS Ratio Chart

Oceania Healthcare Annual Data

Trend

May17

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Mar23

Cyclically Adjusted PS Ratio

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Oceania Healthcare Semi-Annual Data
	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	Sep21	Mar22	Sep22	Mar23	Sep23
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Oceania Healthcare's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Oceania Healthcare'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.

Oceania Healthcare's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Oceania Healthcare's Cyclically Adjusted PS Ratio distribution charts can be found below:

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

Oceania Healthcare 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.

Oceania Healthcare does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Oceania Healthcare (NZSE:OCA) 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.

Oceania Healthcare Cyclically Adjusted PS Ratio Related Terms

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Oceania Healthcare (NZSE:OCA) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Oceania Healthcare Ltd (NZSE:OCA) » Definitions » Cyclically Adjusted PS Ratio

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OCA:Australia

Address

80 Queen Street, Level 11, Deloitte Building, Auckland, NTL, NZL, 1010

Website

https://www.oceaniahealthcare.co.nz

Oceania Healthcare Ltd owns and operates rest homes and retirement villages. The business activities of the group are operated through care operations, village operations, and Other segments. It generates maximum revenue from the care operations segment which includes traditional care beds and care suites as well as provision of accommodation, care and care packages, meals, and related services to aged care residents. Geographically it operates through New Zealand. The company derives revenue from Rest home, hospital, dementia fees, Village service fees, Rental income, and others.