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Aena SME (Aena SME) Cyclically Adjusted PS Ratio : 6.25 (As of May. 26, 2024)


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What is Aena SME Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Aena SME's current share price is $192.745. Aena SME's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $30.83. Aena SME's Cyclically Adjusted PS Ratio for today is 6.25.

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

ANNSF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.97   Med: 5.4   Max: 6.53
Current: 6.2

During the past years, Aena SME's highest Cyclically Adjusted PS Ratio was 6.53. The lowest was 3.97. And the median was 5.40.

ANNSF's Cyclically Adjusted PS Ratio is ranked worse than
94.17% of 738 companies
in the Transportation industry
Industry Median: 0.835 vs ANNSF: 6.20

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.

Aena SME's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.861. 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 $30.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aena SME Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aena SME'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.

Aena SME Cyclically Adjusted PS Ratio Chart

Aena SME 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 - - - 4.45 5.87

Aena SME 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 5.58 5.45 5.16 5.87 6.37

Competitive Comparison of Aena SME's Cyclically Adjusted PS Ratio

For the Airports & Air Services subindustry, Aena SME'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.


Aena SME's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Aena SME 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.

Aena SME's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=192.745/30.83
=6.25

* 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.

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

For example, Aena SME'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)
=8.861/122.7621*122.7621
=8.861

Current CPI (Mar. 2024) = 122.7621.

Aena SME Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.221 101.081 8.770
201409 8.658 100.441 10.582
201412 5.606 100.251 6.865
201503 4.718 99.474 5.823
201506 6.899 101.138 8.374
201509 8.022 99.559 9.892
201512 5.854 100.268 7.167
201603 5.295 98.638 6.590
201606 7.486 100.333 9.159
201609 8.579 99.737 10.560
201612 6.084 101.842 7.334
201703 5.574 100.896 6.782
201706 7.847 101.848 9.458
201709 9.764 101.524 11.807
201712 7.209 102.975 8.594
201803 6.820 102.122 8.198
201806 8.670 104.165 10.218
201809 9.913 103.818 11.722
201812 7.538 104.193 8.881
201903 6.731 103.488 7.985
201906 8.937 104.612 10.488
201909 9.807 103.905 11.587
201912 7.678 105.015 8.976
202003 5.541 103.469 6.574
202006 2.474 104.254 2.913
202009 4.825 103.521 5.722
202012 3.919 104.456 4.606
202103 2.721 104.857 3.186
202106 3.943 107.102 4.520
202109 6.832 107.669 7.790
202112 5.484 111.298 6.049
202203 5.570 115.153 5.938
202206 7.724 118.044 8.033
202209 8.318 117.221 8.711
202212 7.574 117.650 7.903
202303 7.246 118.948 7.478
202306 9.360 120.278 9.553
202309 10.200 121.343 10.319
202312 9.474 121.300 9.588
202403 8.861 122.762 8.861

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.


Aena SME  (OTCPK:ANNSF) 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.


Aena SME Cyclically Adjusted PS Ratio Related Terms

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


Aena SME (Aena SME) Business Description

Industry
Address
Calle Peonias, 12, Madrid, ESP, 28042
Aena is a Spanish airport operator with 46 airports in Spain, including Madrid and Barcelona, and has stakes in 23 international airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. In 2019, before the onset of the pandemic, the group catered to 275 million passengers through its Spanish airport network. The group was semiprivatized in 2015, with a listing on the Madrid exchange.

Aena SME (Aena SME) Headlines

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