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Sasol (JSE:SOL) Cyclically Adjusted PS Ratio : 0.32 (As of Apr. 28, 2024)


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What is Sasol Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Sasol's current share price is R130.23. Sasol's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was R412.26. Sasol's Cyclically Adjusted PS Ratio for today is 0.32.

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

JSE:SOL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 1.18   Max: 2.79
Current: 0.32

During the past 13 years, Sasol's highest Cyclically Adjusted PS Ratio was 2.79. The lowest was 0.08. And the median was 1.18.

JSE:SOL's Cyclically Adjusted PS Ratio is ranked better than
87.56% of 1190 companies
in the Chemicals industry
Industry Median: 1.18 vs JSE:SOL: 0.32

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.

Sasol's adjusted revenue per share data of for the fiscal year that ended in Jun23 was R437.673. 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 R412.26 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sasol Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sasol'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.

Sasol Cyclically Adjusted PS Ratio Chart

Sasol 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 1.01 0.37 0.60 0.95 0.57

Sasol Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.60 - 0.95 - 0.57

Competitive Comparison of Sasol's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Sasol'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.


Sasol's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sasol's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sasol 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=130.23/412.26
=0.32

* 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.

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

For example, Sasol'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)
=437.673/148.8016*148.8016
=437.673

Current CPI (Jun23) = 148.8016.

Sasol Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 326.487 95.813 507.051
201506 303.615 100.173 451.006
201606 283.187 106.713 394.880
201706 281.527 112.054 373.853
201806 294.627 116.959 374.841
201906 328.190 122.191 399.663
202006 305.909 124.807 364.721
202106 321.615 131.113 365.005
202206 429.589 140.835 453.890
202306 437.673 148.802 437.673

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.


Sasol  (JSE:SOL) 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.


Sasol Cyclically Adjusted PS Ratio Related Terms

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


Sasol (JSE:SOL) Business Description

Industry
Address
50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, ZAF, 2196
Sasol Ltd operates as a vertically integrated chemicals and energy company through its two main segments: Energy business and Chemical business. It generates maximum revenue from the Chemicals segment. The company operates coal mines and its upstream interests in oil and gas, both of which are used as feedstock in the company's energy and chemicals operations. Sasol markets commodity and performance chemicals, sells liquid fuel products, and markets, distributes and transports pipeline gas. Geographically the company generates the majority of its revenue from South Africa.