GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » South Ocean Holdings Ltd (JSE:SOH) » Definitions » Shiller PE Ratio

South Ocean Holdings (JSE:SOH) Shiller PE Ratio : 31.40 (As of Jun. 06, 2024)


View and export this data going back to 2007. Start your Free Trial

What is South Ocean Holdings Shiller PE Ratio?

As of today (2024-06-06), South Ocean Holdings's current share price is R1.57. South Ocean Holdings's E10 for the fiscal year that ended in Dec23 was R0.05. South Ocean Holdings's Shiller PE Ratio for today is 31.40.

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

JSE:SOH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.08   Max: 29.8
Current: 25.66

During the past 13 years, South Ocean Holdings's highest Shiller PE Ratio was 29.80. The lowest was 0.02. And the median was 0.08.

JSE:SOH's Shiller PE Ratio is ranked worse than
52.24% of 1763 companies
in the Industrial Products industry
Industry Median: 24.81 vs JSE:SOH: 25.66

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.

South Ocean Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was R0.436. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R0.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


South Ocean Holdings Shiller PE Ratio Historical Data

The historical data trend for South Ocean Holdings'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.

South Ocean Holdings Shiller PE Ratio Chart

South Ocean Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 - - - 20.91

South Ocean Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - 20.91

Competitive Comparison of South Ocean Holdings's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, South Ocean Holdings'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.


South Ocean Holdings's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, South Ocean Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where South Ocean Holdings's Shiller PE Ratio falls into.



South Ocean Holdings 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.

South Ocean Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.57/0.05
=31.40

* 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.

South Ocean Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, South Ocean Holdings's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.436/152.7175*152.7175
=0.436

Current CPI (Dec23) = 152.7175.

South Ocean Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.240 96.794 0.379
201512 -0.089 101.808 -0.134
201612 -0.250 109.002 -0.350
201712 -0.367 113.907 -0.492
201812 -0.020 118.921 -0.026
201912 -0.078 123.717 -0.096
202012 0.133 127.467 0.159
202112 0.369 135.029 0.417
202212 0.221 145.156 0.233
202312 0.436 152.718 0.436

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.


South Ocean Holdings  (JSE:SOH) 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.


South Ocean Holdings Shiller PE Ratio Related Terms

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


South Ocean Holdings (JSE:SOH) Business Description

Traded in Other Exchanges
N/A
Address
16 Botha Street, Alrode, ZAF, 1451
South Ocean Holdings Ltd is an investment holding company. The Company through its subsidiaries manufactures electrical wires, imports and distributes electrical accessories, general-purpose insulated wire, a range of flexible conductors, steel wire armored cables, flat-twin and earth cables, aluminum conductor steel reinforced (ACSR) cables, aerial bundle conductors (ABC) and surface wire investment company and light fittings assembly. The operating segments of the company include Electrical cable manufacturing and Property investments. The company earns maximum revenue by selling Copper cables The group operates in South Africa.

South Ocean Holdings (JSE:SOH) Headlines

No Headlines