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Vianini Lavori (MIL:VLA) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)


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What is Vianini Lavori Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vianini Lavori Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vianini Lavori'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.

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Vianini Lavori Cyclically Adjusted PS Ratio Chart

Vianini Lavori Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PS Ratio
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Vianini Lavori Quarterly Data
Jun10 Dec10 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Vianini Lavori's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Vianini Lavori'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.


Vianini Lavori's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Vianini Lavori's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vianini Lavori 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.

Vianini Lavori's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec14 is calculated as:

For example, Vianini Lavori's adjusted Revenue per Share data for the fiscal year that ended in Dec14 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec14 (Change)*Current CPI (Dec14)
=3.798/99.7209*99.7209
=3.798

Current CPI (Dec14) = 99.7209.

Vianini Lavori Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200512 3.520 85.238 4.118
200612 2.413 86.835 2.771
200712 3.384 89.097 3.787
200812 4.480 91.094 4.904
200912 4.875 92.025 5.283
201012 5.435 93.755 5.781
201112 6.055 96.837 6.235
201212 4.105 99.070 4.132
201312 5.092 99.721 5.092
201412 3.798 99.721 3.798

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.


Vianini Lavori  (MIL:VLA) 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.


Vianini Lavori Cyclically Adjusted PS Ratio Related Terms

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Vianini Lavori (MIL:VLA) Business Description

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Vianini Lavori SpA was established on July 24, 1980. The Company operates as a contractor in the infrastructure, water, and highways concessions areas in Italy. It undertakes subways, roads, housing, railways projects, dams and hydropower projects, canals and aqueducts, industrial and civil construction projects and also invests in companies such as Cementir Holding, Water Campania, and Eurostazioni, among others.

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