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Ascopiave SpA (Ascopiave SpA) Cyclically Adjusted PS Ratio : 1.54 (As of Jun. 02, 2024)


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What is Ascopiave SpA Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Ascopiave SpA's current share price is $4.82. Ascopiave SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.12. Ascopiave SpA's Cyclically Adjusted PS Ratio for today is 1.54.

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

ASCOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.31   Max: 1.72
Current: 1.46

During the past years, Ascopiave SpA's highest Cyclically Adjusted PS Ratio was 1.72. The lowest was 0.86. And the median was 1.31.

ASCOF's Cyclically Adjusted PS Ratio is ranked worse than
54.38% of 445 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs ASCOF: 1.46

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.

Ascopiave SpA's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.236. 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 $3.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ascopiave SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ascopiave SpA'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.

Ascopiave SpA Cyclically Adjusted PS Ratio Chart

Ascopiave SpA 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 1.33 1.45 1.61 1.25 1.38

Ascopiave SpA 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 1.49 1.34 1.14 1.38 1.55

Competitive Comparison of Ascopiave SpA's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, Ascopiave SpA'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.


Ascopiave SpA's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



Ascopiave SpA 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.

Ascopiave SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.82/3.12
=1.54

* 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.

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

For example, Ascopiave SpA'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)
=0.236/120.2000*120.2000
=0.236

Current CPI (Mar. 2024) = 120.2000.

Ascopiave SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.612 100.093 0.735
201409 0.551 99.814 0.664
201412 0.854 99.721 1.029
201503 1.069 99.814 1.287
201506 0.518 100.279 0.621
201509 0.458 100.000 0.551
201512 0.832 99.814 1.002
201603 0.915 99.600 1.104
201606 0.422 99.900 0.508
201609 0.442 100.100 0.531
201612 0.681 100.300 0.816
201703 0.956 101.000 1.138
201706 0.495 101.100 0.589
201709 0.432 101.200 0.513
201712 0.825 101.200 0.980
201803 1.116 101.800 1.318
201806 -0.710 102.400 -0.833
201809 0.118 102.600 0.138
201812 0.141 102.300 0.166
201903 0.141 102.800 0.165
201906 0.170 103.100 0.198
201909 0.139 102.900 0.162
201912 0.177 102.800 0.207
202003 0.220 102.900 0.257
202006 0.212 102.900 0.248
202009 0.231 102.300 0.271
202012 0.208 102.600 0.244
202103 0.212 103.700 0.246
202106 0.153 104.200 0.176
202109 0.182 104.900 0.209
202112 0.184 106.600 0.207
202203 0.173 110.400 0.188
202206 0.230 112.500 0.246
202209 0.180 114.200 0.189
202212 0.211 119.000 0.213
202303 0.202 118.800 0.204
202306 0.217 119.700 0.218
202309 0.197 120.300 0.197
202312 0.286 119.700 0.287
202403 0.236 120.200 0.236

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.


Ascopiave SpA  (OTCPK:ASCOF) 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.


Ascopiave SpA Cyclically Adjusted PS Ratio Related Terms

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


Ascopiave SpA (Ascopiave SpA) Business Description

Traded in Other Exchanges
Address
Via Verizzo, 1030, Pieve di Soligo, Treviso, ITA, I-31053
Ascopiave SpA is an Italy-based company engaged in the utility sector. The company is primarily active in the distribution and sale of natural gas. Its business segments include Gas distribution, Renewable energies, and Others. The other segments include the cogeneration and heat supply activity and the parent company. The company is also involved in the sale of electric power, heat management, co-generation, and generation of electricity from photovoltaic plants. It generates maximum revenue from the Gas distribution segment.

Ascopiave SpA (Ascopiave SpA) Headlines

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