Salalah Port Services Co (MUS:SPSI) Cyclically Adjusted Revenue per Share: ر.ع0.42 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MUS:SPSI Salalah Port Services Co MUS:SPSI
50 GF Score
Price ر.ع0.48
GF Value ر.ع0.36
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Salalah Port Services Co Cyclically Adjusted Revenue per Share?

Salalah Port Services Co MUS:SPSI 50 Cyclically Adjusted Revenue per Share is ر.ع0.42 as of Mar. 2026. GuruFocus rates MUS:SPSI with a GF Score™ of 50/100 and a GF Value™ of ر.ع0.36 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Salalah Port Services Co's adjusted revenue per share for the three months ended in Mar. 2026 was ر.ع0.121. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ر.ع0.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Salalah Port Services Co's average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Salalah Port Services Co was 7.50% per year. The lowest was 3.80% per year. And the median was 4.40% per year.

As of today (2026-07-25), Salalah Port Services Co's current stock price is ر.ع0.48. Salalah Port Services Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ر.ع0.42. Salalah Port Services Co's Cyclically Adjusted PS Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Salalah Port Services Co was 2.07. The lowest was 0.60. And the median was 1.22.


Salalah Port Services Co  (MUS:SPSI) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Salalah Port Services Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.48/0.42
=1.14

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Salalah Port Services Co was 2.07. The lowest was 0.60. And the median was 1.22.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Salalah Port Services Co Cyclically Adjusted Revenue per Share Related Terms


Salalah Port Services Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Salalah Port Services Co's Cyclically Adjusted Revenue per Share 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.

Salalah Port Services Co Cyclically Adjusted Revenue per Share Chart

Salalah Port Services Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.36 0.36 0.38 0.41

Salalah Port Services Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 0.39 0.40 0.40 0.41 0.42

MUS:SPSI vs KEX: Cyclically Adjusted Revenue per Share Comparison

For the Marine Shipping subindustry, Salalah Port Services Co'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.


Salalah Port Services Co Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Salalah Port Services Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Salalah Port Services Co's Cyclically Adjusted PS Ratio falls into.


MUS:SPSI
50GF Score
Salalah Port Services Co MUS:SPSI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salalah Port Services Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Salalah Port Services Co'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)
=0.121/330.2130*330.2130
=0.121

Current CPI (Mar. 2026) = 330.2130.

Salalah Port Services Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.078 241.018 0.107
201609 0.076 241.428 0.104
201612 0.075 241.432 0.103
201703 0.068 243.801 0.092
201706 0.076 244.955 0.102
201709 0.065 246.819 0.087
201712 0.083 246.524 0.111
201803 0.089 249.554 0.118
201806 0.064 251.989 0.084
201809 0.074 252.439 0.097
201812 0.080 251.233 0.105
201903 0.103 254.202 0.134
201906 0.076 256.143 0.098
201909 0.286 256.759 0.368
201912 -0.311 256.974 -0.400
202003 0.100 258.115 0.128
202006 0.074 257.797 0.095
202009 0.260 260.280 0.330
202012 -0.319 260.474 -0.404
202103 0.101 264.877 0.126
202106 0.126 271.696 0.153
202109 0.248 274.310 0.299
202112 0.096 278.802 0.114
202203 0.096 287.504 0.110
202206 0.126 296.311 0.140
202209 0.099 296.808 0.110
202212 0.100 296.797 0.111
202303 0.100 301.836 0.109
202306 0.076 305.109 0.082
202309 0.102 307.789 0.109
202312 0.067 306.746 0.072
202403 0.212 312.332 0.224
202406 0.098 314.175 0.103
202409 0.093 315.301 0.097
202412 0.111 315.605 0.116
202503 0.105 319.799 0.108
202506 0.133 322.561 0.136
202509 0.124 324.800 0.126
202512 0.140 324.054 0.143
202603 0.121 330.213 0.121

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of ر.ع0.42 mean?
Salalah Port Services Co (MUS:SPSI) has a Cyclically Adjusted Revenue per Share of ر.ع0.42 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Salalah Port Services Co and its competitors.
Is Salalah Port Services Co's Cyclically Adjusted Revenue per Share too high?
Salalah Port Services Co's current Cyclically Adjusted Revenue per Share is ر.ع0.42. Overall, Salalah Port Services Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salalah Port Services Co's Cyclically Adjusted Revenue per Share compare to KEX?
Salalah Port Services Co's Cyclically Adjusted Revenue per Share of ر.ع0.42 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Salalah Port Services Co and its competitors. Salalah Port Services Co's current Cyclically Adjusted Revenue per Share is ر.ع0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salalah Port Services Co stock overvalued right now?
Based on GuruFocus' analysis, Salalah Port Services Co (MUS:SPSI) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.36, compared to a current price of ر.ع0.48 — trading 33.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ر.ع0.42. Salalah Port Services Co's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Salalah Port Services Co (MUS:SPSI), the current Cyclically Adjusted Revenue per Share is ر.ع0.42 as of Mar. 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 Salalah Port Services Co (MUS:SPSI) Overvalued in 2026?

Based on GuruFocus' analysis, Salalah Port Services Co stock appears to be overvalued. The current stock price of ر.ع0.48 is trading 33.3% above its estimated GF Value™ of ر.ع0.36. GuruFocus considers Salalah Port Services Co to be Significantly Overvalued.

Key valuation signals for MUS:SPSI:

  • Cyclically Adjusted Revenue per Share: ر.ع0.42
  • GF Value™: ر.ع0.36 vs. price of ر.ع0.48 (33.3% above fair value)
  • GF Score™: 50/100 with 5 warning signs

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


Salalah Port Services Co Business Description

Address Al Sarooj, Way No. 2601, Fourth Floor, Office 401, P.O. Box 105, PC 118, Beach One Building, Muscat, OMN, 211
Salalah Port Services Co operates the Port of Salalah, which is in the east-west shipping lane of the Sultanate of Oman. Its port activity includes leasing, equipping, operating, and managing Terminals and Cargo. The group operates with two business divisions; Container Terminal and General Cargo Terminal, of which it derives maximum revenue from Container Terminal. Its geographical area of operation includes Oman, Europe, and others of which the Europe region accounts for a larger share of the revenue.
50GF Score

Get the complete analysis for MUS:SPSI

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

ر.ع0.48
Price
ر.ع0.36
GF Value