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Diana Shipping (HAM:DSZ) Cyclically Adjusted PS Ratio : 1.19 (As of Jun. 02, 2024)


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What is Diana Shipping Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Diana Shipping's current share price is €2.682. Diana Shipping's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.25. Diana Shipping's Cyclically Adjusted PS Ratio for today is 1.19.

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

HAM:DSZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.46   Max: 3.89
Current: 1.2

During the past years, Diana Shipping's highest Cyclically Adjusted PS Ratio was 3.89. The lowest was 0.52. And the median was 1.46.

HAM:DSZ's Cyclically Adjusted PS Ratio is ranked worse than
59.54% of 739 companies
in the Transportation industry
Industry Median: 0.85 vs HAM:DSZ: 1.20

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 Mar. 2024 was €0.476. 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 €2.25 for the trailing ten years ended in Mar. 2024.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 0.84 1.80 1.65 1.20

Diana Shipping Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.62 1.50 1.40 1.20 1.16

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
=2.682/2.25
=1.19

* 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.

Diana Shipping's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Diana Shipping's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.476/117.2848*117.2848
=0.476

Current CPI (Mar. 2024) = 117.2848.

Diana Shipping Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.387 103.060 0.440
201409 0.427 102.624 0.488
201412 0.470 100.254 0.550
201503 0.490 100.549 0.572
201506 0.432 100.838 0.502
201509 0.435 100.856 0.506
201512 0.441 100.087 0.517
201603 0.345 99.041 0.409
201606 0.313 100.121 0.367
201609 0.300 99.878 0.352
201612 0.329 100.110 0.385
201703 0.360 100.770 0.419
201706 0.347 101.138 0.402
201709 0.360 100.882 0.419
201712 0.404 100.762 0.470
201803 0.380 100.534 0.443
201806 0.440 102.121 0.505
201809 0.501 101.982 0.576
201812 0.526 101.330 0.609
201903 0.530 101.482 0.613
201906 0.506 101.837 0.583
201909 0.516 101.906 0.594
201912 0.515 102.120 0.591
202003 0.458 101.479 0.529
202006 0.425 100.239 0.497
202009 0.419 99.886 0.492
202012 0.404 99.751 0.475
202103 0.413 99.817 0.485
202106 0.456 101.270 0.528
202109 0.584 102.095 0.671
202112 0.712 104.853 0.796
202203 0.760 108.651 0.820
202206 0.861 113.517 0.890
202209 0.907 114.371 0.930
202212 0.790 112.428 0.824
202303 0.689 113.620 0.711
202306 0.616 115.515 0.625
202309 0.567 116.234 0.572
202312 0.522 116.364 0.526
202403 0.476 117.285 0.476

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  (HAM:DSZ) 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 (HAM:DSZ) Business Description

Traded in Other Exchanges
Address
175 64 Palaio Faliro, Pendelis 16, Athens, GRC, 175 64
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.

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