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Sappi (SPPJY) Cyclically Adjusted PS Ratio : 0.27 (As of Jun. 06, 2024)


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What is Sappi Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Sappi's current share price is $2.655. Sappi's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.89. Sappi's Cyclically Adjusted PS Ratio for today is 0.27.

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

SPPJY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.29   Max: 0.69
Current: 0.29

During the past years, Sappi's highest Cyclically Adjusted PS Ratio was 0.69. The lowest was 0.13. And the median was 0.29.

SPPJY's Cyclically Adjusted PS Ratio is ranked better than
72.69% of 249 companies
in the Forest Products industry
Industry Median: 0.58 vs SPPJY: 0.29

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.

Sappi's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.327. 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 $9.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sappi Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sappi'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.

Sappi Cyclically Adjusted PS Ratio Chart

Sappi Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.17 0.25 0.25 0.24

Sappi 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 0.25 0.21 0.24 0.24 0.27

Competitive Comparison of Sappi's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Sappi'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.


Sappi's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sappi's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sappi 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.

Sappi's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.655/9.89
=0.27

* 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.

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

For example, Sappi'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)
=2.327/155.4180*155.4180
=2.327

Current CPI (Mar. 2024) = 155.4180.

Sappi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.818 95.813 4.571
201409 2.842 96.794 4.563
201412 2.603 96.794 4.180
201503 2.517 98.538 3.970
201506 2.389 100.173 3.707
201509 2.643 101.154 4.061
201512 2.398 101.808 3.661
201603 2.390 104.969 3.539
201606 2.257 106.713 3.287
201609 2.471 107.694 3.566
201612 2.406 109.002 3.431
201703 2.401 111.400 3.350
201706 2.290 112.054 3.176
201709 2.576 112.926 3.545
201712 2.423 113.907 3.306
201803 2.723 115.542 3.663
201806 2.627 116.959 3.491
201809 2.783 118.376 3.654
201812 2.580 118.921 3.372
201903 2.736 120.774 3.521
201906 2.509 122.191 3.191
201909 2.678 123.281 3.376
201912 2.390 123.717 3.002
202003 2.390 125.679 2.956
202006 1.657 124.807 2.063
202009 1.985 126.878 2.432
202012 2.127 127.467 2.593
202103 2.126 129.628 2.549
202106 2.305 131.113 2.732
202109 2.556 133.273 2.981
202112 2.820 135.029 3.246
202203 3.085 137.594 3.485
202206 3.018 140.835 3.331
202209 3.182 143.671 3.442
202212 2.754 145.156 2.949
202303 2.377 147.586 2.503
202306 2.210 148.802 2.308
202309 2.276 151.502 2.335
202312 2.100 152.718 2.137
202403 2.327 155.418 2.327

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.


Sappi  (OTCPK:SPPJY) 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.


Sappi Cyclically Adjusted PS Ratio Related Terms

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


Sappi (SPPJY) Business Description

Traded in Other Exchanges
Address
108 Oxford Road, Rosebank, Houghton Estate, Johannesburg, GT, ZAF, 2198
Sappi Ltd produces and sells a variety of paper and paper-related products. The products and services include Dissolving pulp, Graphic papers, Packaging and speciality papers, Casting and release papers, Biomaterials and Bio-energy. The company organizes itself into three primary segments based on geography: North America, Europe, and Southern Africa. More of the revenue comes from Europe than any other geography.