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SJW Group (SJW Group) Cyclically Adjusted PS Ratio : 2.53 (As of Apr. 27, 2024)


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What is SJW Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), SJW Group's current share price is $53.50. SJW Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $21.18. SJW Group's Cyclically Adjusted PS Ratio for today is 2.53.

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

SJW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.08   Med: 3.48   Max: 4.59
Current: 2.59

During the past years, SJW Group's highest Cyclically Adjusted PS Ratio was 4.59. The lowest was 2.08. And the median was 3.48.

SJW's Cyclically Adjusted PS Ratio is ranked worse than
76.08% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs SJW: 2.59

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.

SJW Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.342. 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 $21.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SJW Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SJW 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.

SJW Group Cyclically Adjusted PS Ratio Chart

SJW Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.36 4.05 3.91 4.02 3.09

SJW Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.02 3.69 3.36 2.84 3.09

Competitive Comparison of SJW Group's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, SJW 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.


SJW Group's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SJW Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SJW 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.50/21.18
=2.53

* 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.

SJW Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, SJW Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.342/129.4194*129.4194
=5.342

Current CPI (Dec. 2023) = 129.4194.

SJW Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.678 99.695 3.476
201406 3.449 100.560 4.439
201409 6.141 100.428 7.914
201412 3.387 99.070 4.425
201503 3.033 99.621 3.940
201506 3.532 100.684 4.540
201509 4.040 100.392 5.208
201512 4.264 99.792 5.530
201603 2.972 100.470 3.828
201606 4.225 101.688 5.377
201609 5.453 101.861 6.928
201612 3.847 101.863 4.888
201703 3.343 102.862 4.206
201706 4.937 103.349 6.182
201709 6.019 104.136 7.480
201712 4.515 104.011 5.618
201803 3.625 105.290 4.456
201806 4.779 106.317 5.817
201809 6.022 106.507 7.318
201812 4.262 105.998 5.204
201903 2.725 107.251 3.288
201906 3.610 108.070 4.323
201909 3.993 108.329 4.770
201912 4.390 108.420 5.240
202003 4.037 108.902 4.798
202006 5.132 108.767 6.106
202009 5.779 109.815 6.811
202012 4.725 109.897 5.564
202103 3.959 111.754 4.585
202106 5.088 114.631 5.744
202109 5.573 115.734 6.232
202112 4.648 117.630 5.114
202203 4.098 121.301 4.372
202206 4.911 125.017 5.084
202209 5.790 125.227 5.984
202212 5.597 125.222 5.785
202303 4.423 127.348 4.495
202306 4.966 128.729 4.993
202309 6.414 129.860 6.392
202312 5.342 129.419 5.342

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.


SJW Group  (NYSE:SJW) 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.


SJW Group Cyclically Adjusted PS Ratio Related Terms

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


SJW Group (SJW Group) Business Description

Industry
Traded in Other Exchanges
Address
110 West Taylor Street, San Jose, CA, USA, 95110
SJW Group is a U.S. water utility services holding company that provides, stores, purifies and distributes water. The company primarily operates in various California municipalities and also has operations in other states. Its operating segments include Water Utility Services and Real Estate Services. The majority of the company's revenue is derived from its water utility services segment.
Executives
Denise L Kruger director
Carl Guardino director 110 W. TAYLOR STREET, SAN JOSE CA 95110
Craig J Patla officer: President of CTWS CONNECTICUT WATER COMPANY, 93 WEST MAIN STREET, CLINTON CT 06413
Mohammed G. Zerhouni officer: SVP of Fin., Prin. Acct. Ofcr. 110 W. TAYLOR STREET, SAN JOSE CA 95110
Andrew Gere officer: President and COO 1221 SOUTH BASCOM AVENUE, SAN JOSE CA 95128
James Patrick Lynch officer: CFO/Treasurer 1675 LAURELWOOD DRIVE, SAN JOSE CA 95125
Bruce A Hauk officer: Chf. Crp. Dev. & Str. Offcr. 110 W. TAYLOR STREET, SAN JOSE CA 95110
Rebecca A Klein director 1411 E MISSION AVE, SPOKANE WA 99202
Katharine Armstrong director 919 CONGRESS AVENUE #1400, AUSTIN TX 78701
Brown Willie D. Jr. officer: VP, Gen Counsel, & Corp Sec 110 W. TAYLOR STREET, SAN JOSE CA 95110
Wendy Avila-walker officer: VP of Finance, Controller 110 W. TAYLOR STREET, SAN JOSE CA 95110
Andrew F Walters officer: Chief Administrative Officer 8 RIVER TERRACE, APT 8-T, NEW YORK NY 10282
Daniel B. More director 56 W BROTHER DRIVE, GREENWICH CT 06830
Douglas R King director 465 EL CENTRO ROAD, HILLSBOROUGH CA 94010
Mary Ann Hanley director 93 WEST MAIN STREET, CLINTON CT 06413