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Credit Agricole (Credit Agricole) Cyclically Adjusted PS Ratio : 1.87 (As of Apr. 30, 2024)


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What is Credit Agricole Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Credit Agricole's current share price is $15.45. Credit Agricole's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.28. Credit Agricole's Cyclically Adjusted PS Ratio for today is 1.87.

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

CRARF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.48   Max: 2.03
Current: 1.92

During the past years, Credit Agricole's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 0.77. And the median was 1.48.

CRARF's Cyclically Adjusted PS Ratio is ranked better than
64.34% of 1189 companies
in the Banks industry
Industry Median: 2.38 vs CRARF: 1.92

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.

Credit Agricole's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.516. 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 $8.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Credit Agricole Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Credit Agricole'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.

Credit Agricole Cyclically Adjusted PS Ratio Chart

Credit Agricole 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 1.65 1.37 1.82 1.34 1.69

Credit Agricole 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 1.34 1.39 1.44 1.53 1.69

Competitive Comparison of Credit Agricole's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Credit Agricole'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.


Credit Agricole's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credit Agricole's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Credit Agricole 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.

Credit Agricole's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.45/8.28
=1.87

* 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.

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

For example, Credit Agricole'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)
=1.516/118.2300*118.2300
=1.516

Current CPI (Dec. 2023) = 118.2300.

Credit Agricole Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.166 100.240 2.555
201406 1.996 100.180 2.356
201409 1.963 99.920 2.323
201412 1.668 99.860 1.975
201503 1.765 100.170 2.083
201506 1.899 100.440 2.235
201509 1.608 99.950 1.902
201512 1.634 100.040 1.931
201603 1.547 100.020 1.829
201606 1.829 100.630 2.149
201609 1.348 100.340 1.588
201612 1.647 100.650 1.935
201703 1.703 101.170 1.990
201706 6.048 101.320 7.057
201709 1.737 101.330 2.027
201712 1.811 101.850 2.102
201803 2.136 102.750 2.458
201806 1.946 103.370 2.226
201809 1.960 103.560 2.238
201812 1.500 103.470 1.714
201903 1.925 103.890 2.191
201906 1.812 104.580 2.049
201909 1.929 104.500 2.182
201912 1.560 104.980 1.757
202003 1.995 104.590 2.255
202006 1.326 104.790 1.496
202009 2.104 104.550 2.379
202012 1.119 104.960 1.260
202103 2.244 105.750 2.509
202106 2.084 106.340 2.317
202109 2.130 106.810 2.358
202112 1.717 107.850 1.882
202203 1.618 110.490 1.731
202206 2.341 112.550 2.459
202209 1.741 112.740 1.826
202212 1.406 114.160 1.456
202303 1.926 116.790 1.950
202306 2.075 117.650 2.085
202309 2.249 118.260 2.248
202312 1.516 118.230 1.516

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.


Credit Agricole  (OTCPK:CRARF) 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.


Credit Agricole Cyclically Adjusted PS Ratio Related Terms

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


Credit Agricole (Credit Agricole) Business Description

Address
12 Place des Etats-Unis, Montrouge Cedex, Paris, FRA, 92127
Credit Agricole S.A. is majority-owned by a group of 39 mutually owned, regional French banks, and together, they form the Credit Agricole Group, the largest cooperative bank globally. Credit Agricole S.A. houses all of Credit Agricole Group's activities, excluding the core French retail and commercial banking operations and including corporate and investment banking, its insurance operations, its international operations, notably in Italy, LCL, a separately branded French retail bank, and Credit Agricole S.A.'s majority interest in individually listed asset manager Amundi. Credit Agricole S.A. also acts as the central bank for the group.

Credit Agricole (Credit Agricole) Headlines

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