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Straits Trading Co (SGX:S20) Cyclically Adjusted PS Ratio : 0.98 (As of Jun. 05, 2024)


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What is Straits Trading Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Straits Trading Co's current share price is S$1.37. Straits Trading Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was S$1.40. Straits Trading Co's Cyclically Adjusted PS Ratio for today is 0.98.

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

SGX:S20' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.73   Max: 1.77
Current: 0.99

During the past 13 years, Straits Trading Co's highest Cyclically Adjusted PS Ratio was 1.77. The lowest was 0.49. And the median was 0.73.

SGX:S20's Cyclically Adjusted PS Ratio is ranked better than
58.76% of 582 companies
in the Metals & Mining industry
Industry Median: 1.295 vs SGX:S20: 0.99

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.

Straits Trading Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was S$1.094. 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 S$1.40 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Straits Trading Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Straits Trading Co'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.

Straits Trading Co Cyclically Adjusted PS Ratio Chart

Straits Trading Co 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 0.74 0.87 1.71 1.60 1.30

Straits Trading Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.71 - 1.60 - 1.30

Competitive Comparison of Straits Trading Co's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Straits Trading 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.


Straits Trading Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Straits Trading Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Straits Trading Co 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.

Straits Trading Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.37/1.4
=0.98

* 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.

Straits Trading Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Straits Trading Co's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.094/129.4194*129.4194
=1.094

Current CPI (Dec23) = 129.4194.

Straits Trading Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.874 99.070 2.448
201512 1.323 99.792 1.716
201612 1.258 101.863 1.598
201712 1.161 104.011 1.445
201812 1.117 105.998 1.364
201912 0.892 108.420 1.065
202012 0.759 109.897 0.894
202112 0.975 117.630 1.073
202212 1.216 125.222 1.257
202312 1.094 129.419 1.094

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.


Straits Trading Co  (SGX:S20) 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.


Straits Trading Co Cyclically Adjusted PS Ratio Related Terms

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


Straits Trading Co (SGX:S20) Business Description

Traded in Other Exchanges
Address
1 Wallich Street, No. 15-01, Guoco Tower, Singapore, SGP, 078881
Straits Trading Co Ltd is an investment company. The company operates in four business segments, Resources segment involved in the smelting of tin concentrates and tin bearing materials, the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products, as well as investments in other metals and mineral resources. The Real Estate segment comprises s property investment, sales and leasing, property development, as well as property and real estate fund management. Its Hospitality business includes hotel ownership and hotel management under Far East Hospitality Holdings Pte. Ltd. It derives maximum revenue from the Resources segment. Geographically, it derives a majority of revenue from Malaysia.

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