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Access Engineering (COL:AEL.N0000) Cyclically Adjusted PS Ratio : 0.86 (As of Jun. 09, 2024)


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What is Access Engineering Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Access Engineering's current share price is රු24.50. Access Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was රු28.39. Access Engineering's Cyclically Adjusted PS Ratio for today is 0.86.

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

COL:AEL.N0000' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.62   Max: 1.47
Current: 0.86

During the past years, Access Engineering's highest Cyclically Adjusted PS Ratio was 1.47. The lowest was 0.31. And the median was 0.62.

COL:AEL.N0000's Cyclically Adjusted PS Ratio is ranked worse than
58.29% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs COL:AEL.N0000: 0.86

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.

Access Engineering's adjusted revenue per share data for the three months ended in Dec. 2023 was රු6.011. 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 රු28.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Access Engineering Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Access Engineering'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.

Access Engineering Cyclically Adjusted PS Ratio Chart

Access Engineering Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.57 0.51

Access Engineering 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 0.39 0.51 0.59 0.69 0.71

Competitive Comparison of Access Engineering's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Access Engineering'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.


Access Engineering's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Access Engineering 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.

Access Engineering's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.50/28.39
=0.86

* 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.

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

For example, Access Engineering'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)
=6.011/129.4194*129.4194
=6.011

Current CPI (Dec. 2023) = 129.4194.

Access Engineering Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.376 99.695 5.681
201406 3.341 100.560 4.300
201409 4.369 100.428 5.630
201412 4.115 99.070 5.376
201503 4.672 99.621 6.069
201506 4.206 100.684 5.406
201509 4.624 100.392 5.961
201512 4.202 99.792 5.450
201603 4.519 100.470 5.821
201606 4.610 101.688 5.867
201609 5.349 101.861 6.796
201612 5.291 101.863 6.722
201703 5.169 102.862 6.504
201706 5.223 103.349 6.541
201709 6.968 104.136 8.660
201712 6.809 104.011 8.472
201803 7.015 105.290 8.623
201806 5.719 106.317 6.962
201809 7.822 106.507 9.505
201812 7.956 105.998 9.714
201903 10.703 107.251 12.915
201906 5.485 108.070 6.569
201909 6.646 108.329 7.940
201912 5.877 108.420 7.015
202003 5.970 108.902 7.095
202006 3.817 108.767 4.542
202009 6.433 109.815 7.581
202012 6.121 109.897 7.208
202103 7.674 111.754 8.887
202106 7.085 114.631 7.999
202109 9.038 115.734 10.107
202112 11.351 117.630 12.489
202203 12.115 121.301 12.926
202206 4.885 125.017 5.057
202209 4.874 125.227 5.037
202212 4.838 125.222 5.000
202303 5.560 127.348 5.650
202306 3.946 128.729 3.967
202309 5.894 129.860 5.874
202312 6.011 129.419 6.011

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.


Access Engineering  (COL:AEL.N0000) 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.


Access Engineering Cyclically Adjusted PS Ratio Related Terms

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


Access Engineering (COL:AEL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 278, Union Place, Access Towers, Colombo, LKA, 02
Access Engineering PLC is involved in the business of construction activities and the supply of construction-related services and materials. The company is divided into four segments namely The Construction segment includes the process of constructing buildings and other infrastructures; The Construction-Related Materials segment involves the Production and supply of construction-related materials such as asphalt products, quarry products, and others; The Property segment is engaged in the development of high rise buildings and The Automobile segment includes importing and distribution, or sale of motor vehicles, and spare parts. It generates a majority of its revenue from the Construction Segment. The activities of the Group are located mainly in Sri Lanka.

Access Engineering (COL:AEL.N0000) Headlines

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