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Oceana Group (JSE:OCE) Shiller PE Ratio : 8.54 (As of Dec. 11, 2024)


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What is Oceana Group Shiller PE Ratio?

As of today (2024-12-11), Oceana Group's current share price is R68.15. Oceana Group's E10 for the fiscal year that ended in Sep24 was R7.98. Oceana Group's Shiller PE Ratio for today is 8.54.

The historical rank and industry rank for Oceana Group's Shiller PE Ratio or its related term are showing as below:

JSE:OCE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.28   Med: 11.82   Max: 33.05
Current: 8.58

During the past 13 years, Oceana Group's highest Shiller PE Ratio was 33.05. The lowest was 7.28. And the median was 11.82.

JSE:OCE's Shiller PE Ratio is ranked better than
88.47% of 954 companies
in the Consumer Packaged Goods industry
Industry Median: 19.54 vs JSE:OCE: 8.58

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.

Oceana Group's adjusted earnings per share data of for the fiscal year that ended in Sep24 was R9.183. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R7.98 for the trailing ten years ended in Sep24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oceana Group Shiller PE Ratio Historical Data

The historical data trend for Oceana Group's Shiller PE 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.

Oceana Group Shiller PE Ratio Chart

Oceana Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.23 10.39 7.78 9.94 8.65

Oceana Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Shiller PE 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 7.78 - 9.94 - 8.65

Competitive Comparison of Oceana Group's Shiller PE Ratio

For the Packaged Foods subindustry, Oceana Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Oceana Group's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oceana Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Oceana Group's Shiller PE Ratio falls into.



Oceana Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Oceana Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=68.15/7.98
=8.54

* 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.

Oceana Group's E10 for the fiscal year that ended in Sep24 is calculated as:

For example, Oceana Group's adjusted earnings per share data for the fiscal year that ended in Sep24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep24 (Change)*Current CPI (Sep24)
=9.183/157.1734*157.1734
=9.183

Current CPI (Sep24) = 157.1734.

Oceana Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201509 5.317 101.154 8.262
201609 7.155 107.694 10.442
201709 3.665 112.926 5.101
201809 6.746 118.376 8.957
201909 4.861 123.281 6.197
202009 6.033 126.878 7.474
202109 5.316 133.273 6.269
202209 6.026 143.671 6.592
202309 10.915 151.502 11.324
202409 9.183 157.173 9.183

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Oceana Group  (JSE:OCE) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Oceana Group Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Oceana Group's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Oceana Group Business Description

Traded in Other Exchanges
Address
25 Jan Smuts Street, 9th Floor, Oceana House, Foreshore, Cape Town, WC, ZAF, 8001
Oceana Group Ltd is an African fishing company focused on catching, procuring, processing, marketing, and distributing canned fish, fishmeal, fish oil, lobster, horse mackerel, squid, and hake. Oceana Group also provides refrigerated warehouse facilities and logistical support services. The company's principal market is the lower-end consumer who prefers canned fish and horse mackerel. The majority of Oceana Group's revenue is derived from South Africa and Nambia. The company operates through four segments: Canned Fish and Fishmeal (Africa), which contributes the majority portion of revenue; Fishmeal and Fish Oil (USA); Horse Mackerel, Hake, Lobster, and Squid; and Commercial Cold Storage Logistics.

Oceana Group Headlines

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