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BOC Kenya (NAI:BOC) Cyclically Adjusted PS Ratio : 1.26 (As of Dec. 01, 2024)


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What is BOC Kenya Cyclically Adjusted PS Ratio?

As of today (2024-12-01), BOC Kenya's current share price is KES89.00. BOC Kenya's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was KES70.85. BOC Kenya's Cyclically Adjusted PS Ratio for today is 1.26.

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

NAI:BOC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.14   Max: 1.4
Current: 1.26

During the past 12 years, BOC Kenya's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.95. And the median was 1.14.

NAI:BOC's Cyclically Adjusted PS Ratio is ranked better than
54.3% of 1035 companies
in the Chemicals industry
Industry Median: 1.43 vs NAI:BOC: 1.26

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.

BOC Kenya's adjusted revenue per share data of for the fiscal year that ended in Dec23 was KES78.840. 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 KES70.85 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BOC Kenya Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BOC Kenya'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.

BOC Kenya Cyclically Adjusted PS Ratio Chart

BOC Kenya 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 - - 1.05 1.02 1.16

BOC Kenya Semi-Annual Data
Dec12 Dec13 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 Premium Member Only Premium Member Only - - 1.05 1.02 1.16

Competitive Comparison of BOC Kenya's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, BOC Kenya'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.


BOC Kenya's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, BOC Kenya's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BOC Kenya 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.

BOC Kenya's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=89.00/70.85
=1.26

* 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.

BOC Kenya's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, BOC Kenya'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)
=78.84/129.4194*129.4194
=78.840

Current CPI (Dec23) = 129.4194.

BOC Kenya Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 66.411 99.070 86.756
201512 60.764 99.792 78.804
201612 55.146 101.863 70.065
201712 49.558 104.011 61.664
201812 49.503 105.998 60.441
201912 49.980 108.420 59.660
202012 56.241 109.897 66.232
202112 70.769 117.630 77.862
202212 65.928 125.222 68.138
202312 78.840 129.419 78.840

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.


BOC Kenya  (NAI:BOC) 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.


BOC Kenya Cyclically Adjusted PS Ratio Related Terms

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


BOC Kenya Business Description

Industry
Traded in Other Exchanges
N/A
Address
Kitui Road, Off Kampala Road, P.O. Box 18010, Industrial Area, Nairobi, KEN, 00500
BOC Kenya PLC is engaged in the manufacture and sale of industrial gases, medical gases, and welding products. The company's segment based on regions consists of Kenya, Tanzania, and Uganda. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, and special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates majority of its revenue from the sale of medical and industrial gases.