GURUFOCUS.COM » STOCK LIST » Technology » Software » TXT e-solutions SpA (MIL:TXT) » Definitions » Cyclically Adjusted PS Ratio

TXT e-solutions SpA (MIL:TXT) Cyclically Adjusted PS Ratio : 2.94 (As of Jun. 02, 2024)


View and export this data going back to 2000. Start your Free Trial

What is TXT e-solutions SpA Cyclically Adjusted PS Ratio?

As of today (2024-06-02), TXT e-solutions SpA's current share price is €23.70. TXT e-solutions SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €8.06. TXT e-solutions SpA's Cyclically Adjusted PS Ratio for today is 2.94.

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

MIL:TXT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.08   Max: 3.54
Current: 2.94

During the past years, TXT e-solutions SpA's highest Cyclically Adjusted PS Ratio was 3.54. The lowest was 1.22. And the median was 2.08.

MIL:TXT's Cyclically Adjusted PS Ratio is ranked worse than
65.19% of 1448 companies
in the Software industry
Industry Median: 1.835 vs MIL:TXT: 2.94

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.

TXT e-solutions SpA's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.695. 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 €8.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TXT e-solutions SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TXT e-solutions 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.

TXT e-solutions SpA Cyclically Adjusted PS Ratio Chart

TXT e-solutions 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 2.36 1.83 - 2.11 2.61

TXT e-solutions SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 3.11 3.29 2.35 2.61 2.78

Competitive Comparison of TXT e-solutions SpA's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, TXT e-solutions 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.


TXT e-solutions SpA's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, TXT e-solutions SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where TXT e-solutions SpA's Cyclically Adjusted PS Ratio falls into.



TXT e-solutions 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.

TXT e-solutions SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.70/8.06
=2.94

* 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.

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

For example, TXT e-solutions 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)
=5.695/120.2000*120.2000
=5.695

Current CPI (Mar. 2024) = 120.2000.

TXT e-solutions SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.153 99.907 1.387
201406 1.169 100.093 1.404
201409 1.242 99.814 1.496
201412 1.421 99.721 1.713
201503 1.258 99.814 1.515
201506 1.412 100.279 1.693
201509 1.222 100.000 1.469
201512 1.383 99.814 1.665
201603 1.236 99.600 1.492
201606 1.599 99.900 1.924
201609 -0.832 100.100 -0.999
201612 0.822 100.300 0.985
201703 0.769 101.000 0.915
201706 0.769 101.100 0.914
201709 0.696 101.200 0.827
201712 0.829 101.200 0.985
201803 0.801 101.800 0.946
201806 0.823 102.400 0.966
201809 0.809 102.600 0.948
201812 0.973 102.300 1.143
201903 1.025 102.800 1.198
201906 1.289 103.100 1.503
201909 1.290 102.900 1.507
201912 1.405 102.800 1.643
202003 1.382 102.900 1.614
202006 1.371 102.900 1.601
202009 1.340 102.300 1.574
202012 1.737 102.600 2.035
202103 1.839 103.700 2.132
202106 1.890 104.200 2.180
202112 0.000 106.600 0.000
202203 2.607 110.400 2.838
202206 2.727 112.500 2.914
202209 2.525 114.200 2.658
202212 4.778 119.000 4.826
202303 4.469 118.800 4.522
202306 4.498 119.700 4.517
202309 4.450 120.300 4.446
202312 5.811 119.700 5.835
202403 5.695 120.200 5.695

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.


TXT e-solutions SpA  (MIL:TXT) 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.


TXT e-solutions SpA Cyclically Adjusted PS Ratio Related Terms

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


TXT e-solutions SpA (MIL:TXT) Business Description

Industry
Traded in Other Exchanges
Address
Via Milano, No. 150, Cologno Monzese, Milan, ITA, 20093
TXT e-solutions SpA is an Italy-based company. The company provides software and service solutions. Its products are used in the information technology sector (IT). The company business units include aerospace and aviation and Fintech. It generates maximum revenue from Aerospace, A&A segment. Geographically, it has a presence in Italy, Germany, the United Kingdom, France, Switzerland, and the USA.

TXT e-solutions SpA (MIL:TXT) Headlines