Diana Shipping (Diana Shipping) Cyclically Adjusted PS Ratio : 1.27 (As of May. 19, 2024)

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What is Diana Shipping Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Diana Shipping's current share price is $3.15. Diana Shipping's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.49. Diana Shipping's Cyclically Adjusted PS Ratio for today is 1.27.

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

DSX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52 Med: 1.47 Max: 3.89
Current: 1.27

During the past years, Diana Shipping's highest Cyclically Adjusted PS Ratio was 3.89. The lowest was 0.52. And the median was 1.47.

DSX's Cyclically Adjusted PS Ratio is ranked worse than
61.03% of 739 companies
in the Transportation industry
Industry Median: 0.86 vs DSX: 1.27

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.

Diana Shipping's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.569. 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 $2.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation

Diana Shipping Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Diana Shipping'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.

Diana Shipping Cyclically Adjusted PS Ratio Chart

Diana Shipping Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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1.24

0.84

1.80

1.65

1.20

Diana Shipping 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															1.65	1.62	1.50	1.40	1.20

Competitive Comparison of Diana Shipping's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Diana Shipping'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.

Diana Shipping's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Diana Shipping's Cyclically Adjusted PS Ratio distribution charts can be found below:

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

Diana Shipping 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.

Diana Shipping's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	3.15	/	2.49
	=	1.27

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

For example, Diana Shipping'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)
	=	0.569	/	116.3641	*	116.3641
	=	0.569

Current CPI (Dec. 2023) = 116.3641.

Diana Shipping Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201403	0.503	102.748	0.570
201406	0.525	103.060	0.593
201409	0.550	102.624	0.624
201412	0.580	100.254	0.673
201503	0.530	100.549	0.613
201506	0.485	100.838	0.560
201509	0.488	100.856	0.563
201512	0.480	100.087	0.558
201603	0.385	99.041	0.452
201606	0.352	100.121	0.409
201609	0.337	99.878	0.393
201612	0.347	100.110	0.403
201703	0.385	100.770	0.445
201706	0.390	101.138	0.449
201709	0.429	100.882	0.495
201712	0.478	100.762	0.552
201803	0.469	100.534	0.543
201806	0.514	102.121	0.586
201809	0.584	101.982	0.666
201812	0.598	101.330	0.687
201903	0.599	101.482	0.687
201906	0.572	101.837	0.654
201909	0.568	101.906	0.649
201912	0.573	102.120	0.653
202003	0.506	101.479	0.580
202006	0.479	100.239	0.556
202009	0.494	99.886	0.575
202012	0.491	99.751	0.573
202103	0.491	99.817	0.572
202106	0.549	101.270	0.631
202109	0.687	102.095	0.783
202112	0.805	104.853	0.893
202203	0.837	108.651	0.896
202206	0.910	113.517	0.933
202209	0.898	114.371	0.914
202212	0.837	112.428	0.866
202303	0.737	113.620	0.755
202306	0.667	115.515	0.672
202309	0.606	116.234	0.607
202312	0.569	116.364	0.569

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.

Diana Shipping (NYSE:DSX) 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.

Diana Shipping Cyclically Adjusted PS Ratio Related Terms

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

Diana Shipping (Diana Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diana Shipping Inc (NYSE:DSX) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

DSXpB.PFD:USA DSZ:Germany

Address

175 64 Palaio Faliro, Pendelis 16, Athens, GRC, 175 64

Website

https://www.dianashippinginc.com

Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers through its dry bulk carrier vessels. The operation of the vessels is the main source of revenue generation, the services provided by the vessels are similar and all operate under the same economic environment.