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SFL (STU:UG6) Cyclically Adjusted PS Ratio : 2.81 (As of May. 26, 2024)


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What is SFL Cyclically Adjusted PS Ratio?

As of today (2024-05-26), SFL's current share price is €12.945. SFL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.61. SFL's Cyclically Adjusted PS Ratio for today is 2.81.

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

STU:UG6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.98   Max: 3.71
Current: 2.79

During the past years, SFL's highest Cyclically Adjusted PS Ratio was 3.71. The lowest was 1.56. And the median was 2.98.

STU:UG6's Cyclically Adjusted PS Ratio is ranked worse than
81.44% of 738 companies
in the Transportation industry
Industry Median: 0.835 vs STU:UG6: 2.79

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.

SFL's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.674. 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 €4.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SFL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SFL'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.

SFL Cyclically Adjusted PS Ratio Chart

SFL 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 3.65 1.59 1.94 2.04 2.31

SFL 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 2.04 1.97 2.30 2.31 2.60

Competitive Comparison of SFL's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, SFL'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.


SFL's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



SFL 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.945/4.61
=2.81

* 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.

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

For example, SFL'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)
=1.674/131.7762*131.7762
=1.674

Current CPI (Mar. 2024) = 131.7762.

SFL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.576 100.560 0.755
201409 0.553 100.428 0.726
201412 0.770 99.070 1.024
201503 0.700 99.621 0.926
201506 0.877 100.684 1.148
201509 0.829 100.392 1.088
201512 1.119 99.792 1.478
201603 0.870 100.470 1.141
201606 0.990 101.688 1.283
201609 0.686 101.861 0.887
201612 0.992 101.863 1.283
201703 0.763 102.862 0.977
201706 0.897 103.349 1.144
201709 0.544 104.136 0.688
201712 0.798 104.011 1.011
201803 0.713 105.290 0.892
201806 0.789 106.317 0.978
201809 0.650 106.507 0.804
201812 0.969 105.998 1.205
201903 0.958 107.251 1.177
201906 0.912 108.070 1.112
201909 0.941 108.329 1.145
201912 1.002 108.420 1.218
202003 1.025 108.902 1.240
202006 0.975 108.767 1.181
202009 0.901 109.815 1.081
202012 0.814 109.897 0.976
202103 0.788 111.754 0.929
202106 0.768 114.631 0.883
202109 0.738 115.734 0.840
202112 1.061 117.630 1.189
202203 1.417 121.301 1.539
202206 1.144 125.017 1.206
202209 1.226 125.227 1.290
202212 1.359 125.222 1.430
202303 1.276 127.348 1.320
202306 1.194 128.729 1.222
202309 1.369 129.860 1.389
202312 1.529 129.419 1.557
202403 1.674 131.776 1.674

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.


SFL  (STU:UG6) 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.


SFL Cyclically Adjusted PS Ratio Related Terms

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


SFL (STU:UG6) Business Description

Industry
Traded in Other Exchanges
Address
14 Par-la-Ville Road, Par-la-Ville Place, P.O. Box HM 1593, Hamilton, BMU, HM 08
SFL Corp Ltd is an international ship owning and chartering company. The company is engaged primarily in the ownership and operation of vessels and offshore related assets and is also involved in the charter, purchase, and sale of assets. Its oil tankers, chemical tankers, and oil product tankers are all double-hull vessels.

SFL (STU:UG6) Headlines

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