African Equity Empowerment Investments (JSE:AEE) Cyclically Adjusted PS Ratio : 0.35 (As of Jun. 01, 2024)

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What is African Equity Empowerment Investments Cyclically Adjusted PS Ratio?

As of today (2024-06-01), African Equity Empowerment Investments's current share price is R1.12. African Equity Empowerment Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 was R3.18. African Equity Empowerment Investments's Cyclically Adjusted PS Ratio for today is 0.35.

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

JSE:AEE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.56 Max: 5.43
Current: 0.35

During the past 13 years, African Equity Empowerment Investments's highest Cyclically Adjusted PS Ratio was 5.43. The lowest was 0.17. And the median was 0.56.

JSE:AEE's Cyclically Adjusted PS Ratio is ranked better than
86.19% of 1448 companies
in the Software industry
Industry Median: 1.835 vs JSE:AEE: 0.35

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.

African Equity Empowerment Investments's adjusted revenue per share data of for the fiscal year that ended in Aug23 was R1.495. 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 R3.18 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation

African Equity Empowerment Investments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for African Equity Empowerment Investments'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.

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African Equity Empowerment Investments Cyclically Adjusted PS Ratio Chart

African Equity Empowerment Investments Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cyclically Adjusted PS Ratio

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0.91

0.29

0.38

0.25

0.34

African Equity Empowerment Investments Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															0.38	-	0.25	-	0.34

Competitive Comparison of African Equity Empowerment Investments's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, African Equity Empowerment Investments'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.

African Equity Empowerment Investments's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, African Equity Empowerment Investments's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where African Equity Empowerment Investments's Cyclically Adjusted PS Ratio falls into.

African Equity Empowerment Investments 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.

African Equity Empowerment Investments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	1.12	/	3.18
	=	0.35

African Equity Empowerment Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 is calculated as:

For example, African Equity Empowerment Investments's adjusted Revenue per Share data for the fiscal year that ended in Aug23 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Aug23 (Change)	*	Current CPI (Aug23)
	=	1.495	/	150.4220	*	150.4220
	=	1.495

Current CPI (Aug23) = 150.4220.

African Equity Empowerment Investments Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201408	1.267	96.794	1.969
201508	1.368	101.154	2.034
201608	1.497	107.476	2.095
201708	1.174	112.381	1.571
201808	1.426	117.831	1.820
201908	4.840	122.954	5.921
202008	6.980	126.660	8.289
202108	4.764	133.003	5.388
202208	1.178	143.536	1.235
202308	1.495	150.422	1.495

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.

African Equity Empowerment Investments (JSE:AEE) 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.

African Equity Empowerment Investments Cyclically Adjusted PS Ratio Related Terms

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

African Equity Empowerment Investments (JSE:AEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » African Equity Empowerment Investments Ltd (JSE:AEE) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

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Address

3 Dock Road, Victoria & Alfred Waterfront, 1st Floor, Waterway House North, Cape Town, WC, ZAF, 8001

Website

https://www.aeei.co.za

African Equity Empowerment Investments Ltd is a black-owned and black-managed investment holding company. Its segments include Fishing and brands, Technology, Health and beauty, Events and tourism, and Corporate. It generates maximum revenue from the Technology segment. The company exports its products to African countries, India and Europe and the majority of the revenue comes from South Africa.