GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Z M H Hammerman Ltd (XTAE:ZMH) » Definitions » Cyclically Adjusted PS Ratio

Z M H Hammerman (XTAE:ZMH) Cyclically Adjusted PS Ratio : 1.13 (As of Jun. 02, 2024)


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

What is Z M H Hammerman Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Z M H Hammerman's current share price is ₪26.70. Z M H Hammerman's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ₪23.70. Z M H Hammerman's Cyclically Adjusted PS Ratio for today is 1.13.

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

XTAE:ZMH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.2   Max: 1.29
Current: 1.16

During the past 10 years, Z M H Hammerman's highest Cyclically Adjusted PS Ratio was 1.29. The lowest was 1.13. And the median was 1.20.

XTAE:ZMH's Cyclically Adjusted PS Ratio is ranked better than
60.25% of 1371 companies
in the Real Estate industry
Industry Median: 1.72 vs XTAE:ZMH: 1.16

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.

Z M H Hammerman's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ₪13.219. 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 ₪23.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Z M H Hammerman Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Z M H Hammerman'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.

Z M H Hammerman Cyclically Adjusted PS Ratio Chart

Z M H Hammerman 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 - - - - 1.17

Z M H Hammerman 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 - - - 1.17 -

Competitive Comparison of Z M H Hammerman's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Z M H Hammerman'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.


Z M H Hammerman's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Z M H Hammerman's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Z M H Hammerman's Cyclically Adjusted PS Ratio falls into.



Z M H Hammerman 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.

Z M H Hammerman's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.70/23.7
=1.13

* 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.

Z M H Hammerman's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Z M H Hammerman'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)
=13.219/129.4194*129.4194
=13.219

Current CPI (Dec23) = 129.4194.

Z M H Hammerman Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 9.288 99.070 12.133
201512 13.329 99.792 17.286
201612 24.271 101.863 30.837
201712 29.820 104.011 37.105
201812 30.239 105.998 36.921
201912 30.420 108.420 36.312
202012 17.920 109.897 21.103
202112 17.293 117.630 19.026
202212 12.640 125.222 13.064
202312 13.219 129.419 13.219

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.


Z M H Hammerman  (XTAE:ZMH) 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.


Z M H Hammerman Cyclically Adjusted PS Ratio Related Terms

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


Z M H Hammerman (XTAE:ZMH) Business Description

Traded in Other Exchanges
N/A
Address
Industry 47th Street, Tel Hanan, ISR, 20302
Z M H Hammerman Ltd is a Israel based real estate company. It is engaged in the initiation, development and construction of real estate projects. It offerings includes commercial, residential & industrial developments as well as highways, infrastructure, marine ports, bridges, and sewage works. It is focused on housing, as well as the construction of commercial, office and industrial areas.

Z M H Hammerman (XTAE:ZMH) Headlines

No Headlines