GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nabaltec AG (HAM:NTG) » Definitions » Cyclically Adjusted PS Ratio

Nabaltec AG (HAM:NTG) Cyclically Adjusted PS Ratio : 0.66 (As of May. 28, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Nabaltec AG Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Nabaltec AG's current share price is €15.65. Nabaltec AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €23.82. Nabaltec AG's Cyclically Adjusted PS Ratio for today is 0.66.

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

HAM:NTG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.2   Max: 1.94
Current: 0.68

During the past years, Nabaltec AG's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.53. And the median was 1.20.

HAM:NTG's Cyclically Adjusted PS Ratio is ranked better than
70.27% of 1211 companies
in the Chemicals industry
Industry Median: 1.22 vs HAM:NTG: 0.68

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.

Nabaltec AG's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.282. 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 €23.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nabaltec AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nabaltec 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.

Nabaltec AG Cyclically Adjusted PS Ratio Chart

Nabaltec 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 1.70 1.39 1.72 1.14 0.81

Nabaltec 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 0.95 0.82 0.68 0.81 0.53

Competitive Comparison of Nabaltec AG's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Nabaltec 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.


Nabaltec AG's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nabaltec AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nabaltec 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.65/23.82
=0.66

* 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.

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

For example, Nabaltec 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)
=6.282/125.0381*125.0381
=6.282

Current CPI (Mar. 2024) = 125.0381.

Nabaltec AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.586 99.543 5.761
201409 4.713 99.823 5.904
201412 4.285 99.543 5.383
201503 5.037 99.717 6.316
201506 4.933 100.417 6.143
201509 4.720 100.417 5.877
201512 4.560 99.717 5.718
201603 5.186 100.017 6.483
201606 5.401 100.717 6.705
201609 4.826 101.017 5.974
201612 4.747 101.217 5.864
201703 5.509 101.417 6.792
201706 5.792 102.117 7.092
201709 4.961 102.717 6.039
201712 4.185 102.617 5.099
201803 5.335 102.917 6.482
201806 5.398 104.017 6.489
201809 4.967 104.718 5.931
201812 4.608 104.217 5.529
201903 5.593 104.217 6.710
201906 5.554 105.718 6.569
201909 5.046 106.018 5.951
201912 4.306 105.818 5.088
202003 5.354 105.718 6.332
202006 4.164 106.618 4.883
202009 4.152 105.818 4.906
202012 4.795 105.518 5.682
202103 5.309 107.518 6.174
202106 5.442 108.486 6.272
202109 5.390 109.435 6.159
202112 5.369 110.384 6.082
202203 6.289 113.968 6.900
202206 6.540 115.760 7.064
202209 6.593 118.818 6.938
202212 5.838 119.345 6.116
202303 6.536 122.402 6.677
202306 5.554 123.140 5.640
202309 5.756 124.195 5.795
202312 5.017 123.773 5.068
202403 6.282 125.038 6.282

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.


Nabaltec AG  (HAM:NTG) 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.


Nabaltec AG Cyclically Adjusted PS Ratio Related Terms

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


Nabaltec AG (HAM:NTG) Business Description

Industry
Traded in Other Exchanges
Address
Alustrasse 50 - 52, Schwandorf, BY, DEU, 92421
Nabaltec AG engages is a company involved in the chemical business. The product portfolio includes Aluminum hydroxide, boehmite, alumina, synthetic sintered mullite, and ceramic masses. The company functions in two segments - Functional Fillers and Specialty Alumina. It generates maximum revenue from the Functional Fillers segment. The Functional Fillers segment develops specialized aluminum hydroxide-based products and the specialty alumina segment develops materials for a wide variety of industries based on all natural ingredients.