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Saras SpA (MIL:SRS) Cyclically Adjusted PS Ratio : 0.14 (As of Jun. 05, 2024)


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What is Saras SpA Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Saras SpA's current share price is €1.634. Saras SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €11.28. Saras SpA's Cyclically Adjusted PS Ratio for today is 0.14.

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

MIL:SRS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.12   Max: 0.18
Current: 0.14

During the past years, Saras SpA's highest Cyclically Adjusted PS Ratio was 0.18. The lowest was 0.04. And the median was 0.12.

MIL:SRS's Cyclically Adjusted PS Ratio is ranked better than
87.53% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs MIL:SRS: 0.14

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.

Saras SpA's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.178. 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 €11.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saras SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Saras 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.

Saras SpA Cyclically Adjusted PS Ratio Chart

Saras 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 0.14 0.06 0.05 0.10 0.14

Saras 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 0.13 0.10 0.12 0.14 0.16

Competitive Comparison of Saras SpA's Cyclically Adjusted PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Saras 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.


Saras SpA's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saras SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Saras 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.

Saras SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.634/11.28
=0.14

* 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.

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

For example, Saras SpA'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)
=3.178/120.2000*120.2000
=3.178

Current CPI (Mar. 2024) = 120.2000.

Saras SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.975 100.093 3.573
201409 2.632 99.814 3.170
201412 2.354 99.721 2.837
201503 2.116 99.814 2.548
201506 2.910 100.279 3.488
201509 2.089 100.000 2.511
201512 1.671 99.814 2.012
201603 1.145 99.600 1.382
201606 2.324 99.900 2.796
201609 1.767 100.100 2.122
201612 2.231 100.300 2.674
201703 1.998 101.000 2.378
201706 2.186 101.100 2.599
201709 1.839 101.200 2.184
201712 2.140 101.200 2.542
201803 2.552 101.800 3.013
201806 3.351 102.400 3.933
201809 3.559 102.600 4.170
201812 1.511 102.300 1.775
201903 2.224 102.800 2.600
201906 2.671 103.100 3.114
201909 2.538 102.900 2.965
201912 2.506 102.800 2.930
202003 1.928 102.900 2.252
202006 0.883 102.900 1.031
202009 1.263 102.300 1.484
202012 1.396 102.600 1.635
202103 1.700 103.700 1.970
202106 2.139 104.200 2.467
202109 2.290 104.900 2.624
202112 2.962 106.600 3.340
202203 3.092 110.400 3.366
202206 4.974 112.500 5.314
202209 4.474 114.200 4.709
202212 4.050 119.000 4.091
202303 3.677 118.800 3.720
202306 2.004 119.700 2.012
202309 3.193 120.300 3.190
202312 3.103 119.700 3.116
202403 3.178 120.200 3.178

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.


Saras SpA  (MIL:SRS) 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.


Saras SpA Cyclically Adjusted PS Ratio Related Terms

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


Saras SpA (MIL:SRS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saras SpA (MIL:SRS) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
S.S. 195 Sulcitana, Km 19, Cagliari, Sarroch, ITA, 09018
Saras SpA is a processor of crude oil and marketer and distributor of petroleum byproducts. Refining operations are conducted at facilities located near the Mediterranean Sea. Majority of the refineries production is medium and light distillates with low environmental impact (mainly diesel and gasoline). Under Saras Trading, the company purchases crude oils and other feedstock for the refinery, sells the refined oil, and participates in third party trading. Products sold and distributed by Saras and its subsidiaries include diesel, gasoline, heating oil, liquefied petroleum gas, naphtha, and aviation fuel. Products are sold primarily on Spanish and Italian markets. Additional services include wind farm operations, and engineering and scientific research services.

Saras SpA (MIL:SRS) Headlines