GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Grenke AG (OTCPK:GKSGF) » Definitions » Cyclically Adjusted PS Ratio

Grenke AG (Grenke AG) Cyclically Adjusted PS Ratio : 0.79 (As of Jun. 10, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Grenke AG Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Grenke AG's current share price is $28.25. Grenke AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $35.71. Grenke AG's Cyclically Adjusted PS Ratio for today is 0.79.

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

GKSGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.1   Max: 3.64
Current: 0.69

During the past years, Grenke AG's highest Cyclically Adjusted PS Ratio was 3.64. The lowest was 0.56. And the median was 1.10.

GKSGF's Cyclically Adjusted PS Ratio is ranked better than
86.75% of 385 companies
in the Credit Services industry
Industry Median: 2.96 vs GKSGF: 0.69

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.

Grenke AG's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.139. 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 $35.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grenke AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Grenke AG'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.

Grenke AG Cyclically Adjusted PS Ratio Chart

Grenke AG 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 3.10 1.26 1.00 0.63 0.83

Grenke AG 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 0.79 0.82 0.63 0.83 0.79

Competitive Comparison of Grenke AG's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Grenke AG'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.


Grenke AG's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



Grenke AG 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.

Grenke AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.25/35.71
=0.79

* 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.

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

For example, Grenke AG'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)
=4.139/125.0381*125.0381
=4.139

Current CPI (Mar. 2024) = 125.0381.

Grenke AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.279 99.543 2.863
201409 2.233 99.823 2.797
201412 34.943 99.543 43.893
201503 1.964 99.717 2.463
201506 2.143 100.417 2.668
201509 2.188 100.417 2.724
201512 36.586 99.717 45.876
201603 2.281 100.017 2.852
201606 2.409 100.717 2.991
201609 2.414 101.017 2.988
201612 40.389 101.217 49.894
201703 2.412 101.417 2.974
201706 2.686 102.117 3.289
201709 2.906 102.717 3.537
201712 55.550 102.617 67.687
201803 3.236 102.917 3.932
201806 3.221 104.017 3.872
201809 3.170 104.718 3.785
201812 5.129 104.217 6.154
201903 3.296 104.217 3.954
201906 3.478 105.718 4.114
201909 3.506 106.018 4.135
201912 4.779 105.818 5.647
202003 3.892 105.718 4.603
202006 3.779 106.618 4.432
202009 3.923 105.818 4.636
202012 4.862 105.518 5.761
202103 3.778 107.518 4.394
202106 3.826 108.486 4.410
202109 3.620 109.435 4.136
202112 4.139 110.384 4.688
202203 3.238 113.968 3.553
202206 3.218 115.760 3.476
202209 3.049 118.818 3.209
202212 4.388 119.345 4.597
202303 3.470 122.402 3.545
202306 3.707 123.140 3.764
202309 3.791 124.195 3.817
202312 4.977 123.773 5.028
202403 4.139 125.038 4.139

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.


Grenke AG  (OTCPK:GKSGF) 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.


Grenke AG Cyclically Adjusted PS Ratio Related Terms

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


Grenke AG (Grenke AG) Business Description

Traded in Other Exchanges
Address
Neuer Markt 2, Baden-Baden, DEU, 76532
Grenke AG is a financial-services company that, under a franchise model, provides operational infrastructure, the licensing of the group's name to contracted parties, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include Leasing, Banking, and Factoring. The Leasing segment produces the most revenue. GRENKE Bank's actions compose the banking segment, primarily including acting as the financing partner for SMEs. The Factoring segment includes mainly small-ticket factoring services. The company operates primarily in Europe, with the most revenue coming from Ireland and Germany.

Grenke AG (Grenke AG) Headlines

From GuruFocus

Q3 2022 Grenke AG Earnings Presentation Transcript

By GuruFocus Research 03-04-2024

Q4 2021 Grenke AG Earnings Call Transcript

By GuruFocus Research 03-04-2024

Q2 2021 Grenke AG Earnings Presentation Transcript

By GuruFocus Research 03-04-2024

Q2 2023 Grenke AG Earnings Presentation Transcript

By GuruFocus Research 03-04-2024

Q1 2023 Grenke AG Earnings Presentation Transcript

By GuruFocus Research 03-04-2024

Q3 2021 Grenke AG Earnings Call Transcript

By GuruFocus Research 03-04-2024

Full Year 2022 Grenke AG Earnings Call Transcript

By GuruFocus Research 03-04-2024

Q3 2020 Grenke AG Earnings Call Transcript

By GuruFocus Research 03-04-2024

Q3 2023 Grenke AG Earnings Call Transcript

By GuruFocus Research 03-04-2024