Shanaya (SGX:SES) Cyclically Adjusted PS Ratio: 0.31 (As of Aug. 18, 2026) — Near Median

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What is Shanaya Cyclically Adjusted PS Ratio?

Shanaya SGX:SES Cyclically Adjusted PS Ratio is 0.31 as of Aug. 18, 2026, which is 3% below its 10-year median of 0.32. The stock has 3 warning signs investors should review. Among 156 Waste Management companies, Shanaya ranks better than 85.9% on this metric.

As of today (2026-08-18), Shanaya's current share price is S$0.031. Shanaya's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was S$0.10. Shanaya's Cyclically Adjusted PS Ratio for today is 0.31.

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

SGX:SES' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.32   Max: 0.6
Current: 0.3

During the past 13 years, Shanaya's highest Cyclically Adjusted PS Ratio was 0.60. The lowest was 0.15. And the median was 0.32.

SGX:SES's Cyclically Adjusted PS Ratio is ranked better than
85.9% of 156 companies
in the Waste Management industry
Industry Median: 1.38 vs SGX:SES: 0.30

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.

Shanaya's adjusted revenue per share data of for the fiscal year that ended in Dec25 was S$0.035. 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 S$0.10 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanaya  (SGX:SES) 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.


Shanaya Cyclically Adjusted PS Ratio Related Terms


Shanaya Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shanaya'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.

Shanaya Cyclically Adjusted PS Ratio Chart

Shanaya Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.30 0.24 0.47 0.52

Shanaya Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.24 0.00 0.47 0.00 0.52

SGX:SES vs WM, RSG, WCN: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, Shanaya'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.


Shanaya Cyclically Adjusted PS Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Shanaya's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shanaya 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.

Shanaya's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.031/0.10
=0.31

* 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.

Shanaya's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Shanaya's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.035/324.0540*324.0540
=0.035

Current CPI (Dec25) = 324.0540.

Shanaya Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.167 238.132 0.227
201703 0.145 243.801 0.193
201803 0.000 249.554 0.000
201903 0.000 254.202 0.000
202003 0.000 258.115 0.000
202103 0.000 264.877 0.000
202212 0.056 296.797 0.061
202312 0.058 306.746 0.061
202412 0.050 315.605 0.051
202512 0.035 324.054 0.035

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 0.31 mean?
Shanaya (SGX:SES) has a Cyclically Adjusted PS Ratio of 0.31 as of Aug. 18, 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 Shanaya and its competitors. This is near median its historical median of 0.32. Over the past decade, Shanaya's Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.60. According to the industry distribution chart, Shanaya ranks #22 out of 156 companies in the Waste Management industry, placing it in the top 14.1%.
Is Shanaya's Cyclically Adjusted PS Ratio too high?
Shanaya's current Cyclically Adjusted PS Ratio of 0.31 is near median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.60. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.38. Shanaya's value of 0.31 is 77.5% below this industry median. Based on the distribution chart, Shanaya ranks #22 out of 156 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers.
How does Shanaya's Cyclically Adjusted PS Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Shanaya ranks #22 out of 156 companies for Cyclically Adjusted PS Ratio. This places Shanaya in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.38. Shanaya's value of 0.31 is 77.5% below this benchmark. Historically, Shanaya's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.60 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 1.38, Shanaya has consistently been below 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 a Waste Management company?
The median Cyclically Adjusted PS Ratio among Waste Management companies is 1.38, based on 156 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. Shanaya's current Cyclically Adjusted PS Ratio of 0.31 is 77.5% below 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 Shanaya and its competitors. For the Waste Management industry, the median Cyclically Adjusted PS Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanaya's current Cyclically Adjusted PS Ratio is 0.31, which is near median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanaya stock overvalued right now?
Based on GuruFocus' analysis, Shanaya (SGX:SES) is currently considered Fairly Valued. The stock's GF Value™ is S$0.03, compared to a current price of S$0.03 — trading 3.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.31, which is near median its 10-year median of 0.32 and 77.5% below the Waste Management industry median of 1.38. 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 Shanaya (SGX:SES), the current Cyclically Adjusted PS Ratio is 0.31 as of Aug. 18, 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.

Shanaya Business Description

Address 3A Tuas South Street 15, Singapore, SGP, 636845
Shanaya Ltd is principally engaged in the provision of waste management and disposal services to shipping (including cruise ships), industrial and commercial clients in Singapore. The Group operates through a single primary segment focused on waste management and disposal services, along with the sale of recyclable materials. Its service offerings include ship waste management, industrial and commercial waste management, food and organic waste treatment, glass, wood, tyre and construction waste management, oil sludge and oily water treatment, e-waste and biomedical waste management, toxic waste handling, explosive (pyrotechnics) disposal, biomass supply, secured destruction services, salvage sales and container deployment. The Group's revenue is mainly derived from Singapore.