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MMA Offshore (ASX:MRM) Cyclically Adjusted PS Ratio : 0.50 (As of May. 26, 2024)


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What is MMA Offshore Cyclically Adjusted PS Ratio?

As of today (2024-05-26), MMA Offshore's current share price is A$2.70. MMA Offshore's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was A$5.42. MMA Offshore's Cyclically Adjusted PS Ratio for today is 0.50.

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

ASX:MRM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.18   Max: 3.97
Current: 0.5

During the past 13 years, MMA Offshore's highest Cyclically Adjusted PS Ratio was 3.97. The lowest was 0.03. And the median was 0.18.

ASX:MRM's Cyclically Adjusted PS Ratio is ranked better than
67.89% of 738 companies
in the Transportation industry
Industry Median: 0.835 vs ASX:MRM: 0.50

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.

MMA Offshore's adjusted revenue per share data of for the fiscal year that ended in Jun23 was A$0.793. 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 A$5.42 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


MMA Offshore Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MMA Offshore'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.

MMA Offshore Cyclically Adjusted PS Ratio Chart

MMA Offshore Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.06 0.06 0.09 0.21

MMA Offshore 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 - 0.09 - 0.21 -

Competitive Comparison of MMA Offshore's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, MMA Offshore'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.


MMA Offshore's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



MMA Offshore 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.

MMA Offshore's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.70/5.42
=0.50

* 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.

MMA Offshore's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, MMA Offshore's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.793/124.1700*124.1700
=0.793

Current CPI (Jun23) = 124.1700.

MMA Offshore Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.259 98.352 15.477
201506 12.791 99.838 15.908
201606 7.647 100.859 9.414
201706 3.520 102.809 4.251
201806 1.890 104.945 2.236
201906 1.784 106.617 2.078
202006 1.937 106.246 2.264
202106 0.852 110.332 0.959
202206 0.790 117.112 0.838
202306 0.793 124.170 0.793

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.


MMA Offshore  (ASX:MRM) 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.


MMA Offshore Cyclically Adjusted PS Ratio Related Terms

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


MMA Offshore (ASX:MRM) Business Description

Traded in Other Exchanges
Address
12-14 The Esplanade, EQ12, Level 10, Perth, WA, AUS, 6000
MMA Offshore Ltd is involved in providing marine-related services. The company's operating segment includes Vessel Services; Subsea Services and Project Logistics. It generates maximum revenue from the Vessel Services segment. The Vessel Services segment provision of specialised offshore support vessels. Its Subsea Services segment provides services to companies operating in subsea environments including inspection, maintenance and repair. The Project Logistics segment includes project management of large marine spreads and complex marine logistics. Geographically, it derives a majority of revenue from Australia.