GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NCC AB (FRA:NCGB) » Definitions » Cyclically Adjusted PS Ratio

NCC AB (FRA:NCGB) Cyclically Adjusted PS Ratio : 0.22 (As of Jun. 04, 2024)


View and export this data going back to . Start your Free Trial

What is NCC AB Cyclically Adjusted PS Ratio?

As of today (2024-06-04), NCC AB's current share price is €11.78. NCC AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €53.63. NCC AB's Cyclically Adjusted PS Ratio for today is 0.22.

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

FRA:NCGB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.27   Max: 0.36
Current: 0.22

During the past years, NCC AB's highest Cyclically Adjusted PS Ratio was 0.36. The lowest was 0.15. And the median was 0.27.

FRA:NCGB's Cyclically Adjusted PS Ratio is ranked better than
81.42% of 1281 companies
in the Construction industry
Industry Median: 0.64 vs FRA:NCGB: 0.22

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.

NCC AB's adjusted revenue per share data for the three months ended in Mar. 2024 was €10.456. 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 €53.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NCC AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NCC AB'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.

NCC AB Cyclically Adjusted PS Ratio Chart

NCC AB 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 0.29 0.28 0.30 0.18 0.20

NCC AB 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 0.15 0.15 0.19 0.20 0.24

Competitive Comparison of NCC AB's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, NCC AB'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.


NCC AB's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



NCC AB 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.

NCC AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.78/53.63
=0.22

* 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.

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

For example, NCC AB'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)
=10.456/132.2054*132.2054
=10.456

Current CPI (Mar. 2024) = 132.2054.

NCC AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.764 100.432 18.118
201409 14.938 100.161 19.717
201412 18.501 100.225 24.404
201503 10.343 99.950 13.681
201506 13.218 99.995 17.476
201509 13.148 100.228 17.343
201512 16.250 100.276 21.424
201603 9.178 100.751 12.043
201606 13.492 101.019 17.657
201609 13.101 101.138 17.125
201612 15.734 102.022 20.389
201703 11.398 102.022 14.770
201706 12.661 102.752 16.290
201709 12.670 103.279 16.219
201712 15.157 103.793 19.306
201803 9.918 103.962 12.612
201806 12.910 104.875 16.274
201809 12.666 105.679 15.845
201812 16.057 105.912 20.043
201903 10.082 105.886 12.588
201906 12.725 106.742 15.761
201909 12.092 107.214 14.911
201912 16.114 107.766 19.768
202003 10.025 106.563 12.437
202006 12.768 107.498 15.703
202009 11.412 107.635 14.017
202012 13.590 108.296 16.590
202103 9.257 108.360 11.294
202106 11.709 108.928 14.211
202109 13.280 110.338 15.912
202112 14.476 112.486 17.014
202203 8.920 114.825 10.270
202206 12.370 118.384 13.814
202209 12.644 122.296 13.668
202212 14.747 126.365 15.429
202303 11.385 127.042 11.848
202306 13.044 129.407 13.326
202309 12.132 130.224 12.317
202312 14.281 131.912 14.313
202403 10.456 132.205 10.456

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.


NCC AB  (FRA:NCGB) 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.


NCC AB Cyclically Adjusted PS Ratio Related Terms

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


NCC AB (FRA:NCGB) Business Description

Industry
Address
Herrjarva Torg 4, Solna, SWE, SE-170 80
NCC AB is a leading construction and property development company in the Nordic region. Its business operations are divided into five operating segments: NCC Infrastructure, NCC Building Sweden, NCC Building Nordics, NCC Industry, and NCC Property Development in descending order of total net sales. The company's major projects include entire infrastructure build-outs such as tunnels, roads and railways, housing, office buildings, school and hospital construction, production of asphalt and stone materials, and commercial property development.

NCC AB (FRA:NCGB) Headlines

No Headlines