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El.En. SpA (MIL:ELN) Cyclically Adjusted PS Ratio : 1.67 (As of May. 22, 2024)


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What is El.En. SpA Cyclically Adjusted PS Ratio?

As of today (2024-05-22), El.En. SpA's current share price is €9.63. El.En. SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €5.78. El.En. SpA's Cyclically Adjusted PS Ratio for today is 1.67.

The historical rank and industry rank for El.En. SpA's Cyclically Adjusted PS Ratio or its related term are showing as below:

MIL:ELN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.05   Max: 4.7
Current: 1.67

During the past years, El.En. SpA's highest Cyclically Adjusted PS Ratio was 4.70. The lowest was 1.09. And the median was 2.05.

MIL:ELN's Cyclically Adjusted PS Ratio is ranked better than
57.89% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.2 vs MIL:ELN: 1.67

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.

El.En. SpA's adjusted revenue per share data for the three months ended in Dec. 2023 was €2.492. 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 €5.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


El.En. SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for El.En. SpA'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.

El.En. SpA Cyclically Adjusted PS Ratio Chart

El.En. SpA 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 2.61 1.97 3.87 2.78 1.69

El.En. SpA 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 2.28 2.01 1.54 1.69 -

Competitive Comparison of El.En. SpA's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, El.En. SpA'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.


El.En. SpA's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, El.En. SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where El.En. SpA's Cyclically Adjusted PS Ratio falls into.



El.En. SpA 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.

El.En. SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.63/5.78
=1.67

* 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.

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

For example, El.En. SpA'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)
=2.492/119.7000*119.7000
=2.492

Current CPI (Dec. 2023) = 119.7000.

El.En. SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.489 99.907 0.586
201406 0.557 100.093 0.666
201409 0.575 99.814 0.690
201412 0.718 99.721 0.862
201503 0.628 99.814 0.753
201506 0.756 100.279 0.902
201509 0.636 100.000 0.761
201512 0.799 99.814 0.958
201603 0.716 99.600 0.860
201606 0.841 99.900 1.008
201609 0.769 100.100 0.920
201612 0.947 100.300 1.130
201703 0.843 101.000 0.999
201706 1.008 101.100 1.193
201709 0.979 101.200 1.158
201712 1.141 101.200 1.350
201803 0.901 101.800 1.059
201806 1.180 102.400 1.379
201809 1.073 102.600 1.252
201812 1.329 102.300 1.555
201903 1.086 102.800 1.265
201906 1.355 103.100 1.573
201909 1.221 102.900 1.420
201912 1.509 102.800 1.757
202003 0.933 102.900 1.085
202006 1.143 102.900 1.330
202009 1.347 102.300 1.576
202012 1.784 102.600 2.081
202103 1.465 103.700 1.691
202106 1.976 104.200 2.270
202109 1.647 104.900 1.879
202112 2.081 106.600 2.337
202203 1.810 110.400 1.962
202206 2.288 112.500 2.434
202209 1.973 114.200 2.068
202212 2.371 119.000 2.385
202303 2.021 118.800 2.036
202306 2.307 119.700 2.307
202309 1.845 120.300 1.836
202312 2.492 119.700 2.492

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.


El.En. SpA  (MIL:ELN) 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.


El.En. SpA Cyclically Adjusted PS Ratio Related Terms

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


El.En. SpA (MIL:ELN) Business Description

Traded in Other Exchanges
Address
Via Baldanzese No. 17, Calenzano, Florence, ITA, 50041
El.En. SpA is engaged in the research and development, manufacturing, distribution, and sales of laser systems. The company operates in two divisions medical and industrial. In the medical division, the application of laser is used as a healing treatment for aesthetic, surgical, physiotherapy and dental. Industrial division develops solutions for laser material processing applications through cutting, marking, laser sources and restoration. The company generates the majority of its revenue from the medical division. Geographically, it derives maximum revenue from the Rest of World.

El.En. SpA (MIL:ELN) Headlines

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