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Arkema (Arkema) Cyclically Adjusted PS Ratio : 0.75 (As of Apr. 30, 2024)


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What is Arkema Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Arkema's current share price is $104.52. Arkema's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $138.98. Arkema's Cyclically Adjusted PS Ratio for today is 0.75.

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

ARKAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.83   Max: 1.2
Current: 0.76

During the past years, Arkema's highest Cyclically Adjusted PS Ratio was 1.20. The lowest was 0.48. And the median was 0.83.

ARKAY's Cyclically Adjusted PS Ratio is ranked better than
66.22% of 1193 companies
in the Chemicals industry
Industry Median: 1.2 vs ARKAY: 0.76

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.

Arkema's adjusted revenue per share data for the three months ended in Dec. 2023 was $32.289. 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 $138.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arkema Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Arkema'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.

Arkema Cyclically Adjusted PS Ratio Chart

Arkema 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 0.90 0.89 1.12 0.69 0.81

Arkema Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.69 0.73 0.69 0.74 0.81

Competitive Comparison of Arkema's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Arkema'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.


Arkema's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Arkema 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=104.52/138.98
=0.75

* 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.

Arkema's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Arkema's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=32.289/118.2300*118.2300
=32.289

Current CPI (Dec. 2023) = 118.2300.

Arkema Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 32.083 100.240 37.841
201406 31.804 100.180 37.534
201409 28.569 99.920 33.804
201412 26.016 99.860 30.802
201503 27.481 100.170 32.436
201506 32.344 100.440 38.073
201509 29.739 99.950 35.178
201512 25.432 100.040 30.056
201603 28.332 100.020 33.490
201606 28.998 100.630 34.070
201609 27.075 100.340 31.902
201612 25.669 100.650 30.152
201703 30.337 101.170 35.453
201706 32.548 101.320 37.980
201709 31.860 101.330 37.174
201712 30.425 101.850 35.318
201803 35.157 102.750 40.454
201806 34.820 103.370 39.826
201809 32.988 103.560 37.661
201812 32.782 103.470 37.458
201903 32.677 103.890 37.187
201906 33.240 104.580 37.579
201909 31.979 104.500 36.181
201912 23.724 104.980 26.718
202003 30.097 104.590 34.022
202006 27.934 104.790 31.517
202009 24.929 104.550 28.191
202012 31.494 104.960 35.476
202103 34.534 105.750 38.610
202106 37.603 106.340 41.807
202109 36.093 106.810 39.952
202112 39.598 107.850 43.409
202203 42.801 110.490 45.799
202206 45.308 112.550 47.595
202209 37.570 112.740 39.400
202212 35.559 114.160 36.827
202303 36.010 116.790 36.454
202306 35.256 117.650 35.430
202309 29.832 118.260 29.824
202312 32.289 118.230 32.289

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.


Arkema  (OTCPK:ARKAY) 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.


Arkema Cyclically Adjusted PS Ratio Related Terms

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


Arkema (Arkema) Business Description

Industry
Address
420 rue d’Estienne d’Orves, Colombes, FRA, 92700
Arkema is a French chemical company formerly known for its large presence in the global acrylics market. However, the company has now developed a strong portfolio of speciality materials. Arkema is organised into four segments. Adhesive solutions, advanced materials, and coatings solutions contain the more specialized material businesses. The intermediates segment houses the remaining commodity chemical businesses. Geographically, sales are split fairly equally between Europe, the U.S., and Asia.

Arkema (Arkema) Headlines