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SJW Group (STU:76W) Cyclically Adjusted PS Ratio : 2.49 (As of May. 24, 2024)


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What is SJW Group Cyclically Adjusted PS Ratio?

As of today (2024-05-24), SJW Group's current share price is €51.50. SJW Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €20.69. SJW Group's Cyclically Adjusted PS Ratio for today is 2.49.

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

STU:76W' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.08   Med: 3.48   Max: 4.59
Current: 2.61

During the past years, SJW Group's highest Cyclically Adjusted PS Ratio was 4.59. The lowest was 2.08. And the median was 3.48.

STU:76W's Cyclically Adjusted PS Ratio is ranked worse than
75.84% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs STU:76W: 2.61

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.

SJW Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.275. 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 €20.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SJW Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SJW Group'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.

SJW Group Cyclically Adjusted PS Ratio Chart

SJW Group 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 4.36 4.05 3.91 4.02 3.09

SJW Group 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 3.69 3.36 2.84 3.09 2.61

Competitive Comparison of SJW Group's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, SJW Group'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.


SJW Group's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SJW Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SJW Group 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.

SJW Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=51.50/20.69
=2.49

* 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.

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

For example, SJW Group'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)
=4.275/131.7762*131.7762
=4.275

Current CPI (Mar. 2024) = 131.7762.

SJW Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.539 100.560 3.327
201409 4.766 100.428 6.254
201412 2.747 99.070 3.654
201503 2.802 99.621 3.706
201506 3.147 100.684 4.119
201509 3.600 100.392 4.725
201512 3.914 99.792 5.168
201603 2.669 100.470 3.501
201606 3.760 101.688 4.873
201609 4.859 101.861 6.286
201612 3.647 101.863 4.718
201703 3.125 102.862 4.003
201706 4.394 103.349 5.603
201709 5.050 104.136 6.390
201712 3.815 104.011 4.833
201803 2.940 105.290 3.680
201806 4.091 106.317 5.071
201809 5.161 106.507 6.385
201812 3.746 105.998 4.657
201903 2.412 107.251 2.964
201906 3.194 108.070 3.895
201909 3.626 108.329 4.411
201912 3.951 108.420 4.802
202003 3.653 108.902 4.420
202006 4.557 108.767 5.521
202009 4.906 109.815 5.887
202012 3.884 109.897 4.657
202103 3.326 111.754 3.922
202106 4.223 114.631 4.855
202109 4.737 115.734 5.394
202112 4.113 117.630 4.608
202203 3.721 121.301 4.042
202206 4.646 125.017 4.897
202209 5.848 125.227 6.154
202212 5.283 125.222 5.560
202303 4.131 127.348 4.275
202306 4.583 128.729 4.691
202309 6.010 129.860 6.099
202312 4.899 129.419 4.988
202403 4.275 131.776 4.275

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.


SJW Group  (STU:76W) 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.


SJW Group Cyclically Adjusted PS Ratio Related Terms

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


SJW Group (STU:76W) Business Description

Industry
Traded in Other Exchanges
Address
110 West Taylor Street, San Jose, CA, USA, 95110
SJW Group is a U.S. water utility services holding company that provides, stores, purifies and distributes water. The company primarily operates in various California municipalities and also has operations in other states. Its operating segments include Water Utility Services and Real Estate Services. The majority of the company's revenue is derived from its water utility services segment.

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