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Saras SpA (Saras SpA) Cyclically Adjusted PS Ratio : 0.16 (As of May. 23, 2024)


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What is Saras SpA Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Saras SpA's current share price is $1.66. Saras SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $10.57. Saras SpA's Cyclically Adjusted PS Ratio for today is 0.16.

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

SAAFF' 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.

SAAFF's Cyclically Adjusted PS Ratio is ranked better than
86.92% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs SAAFF: 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 $3.454. 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 $10.57 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
=1.66/10.57
=0.16

* 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)
=3.454/120.2000*120.2000
=3.454

Current CPI (Mar. 2024) = 120.2000.

Saras SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.042 100.093 4.854
201409 3.392 99.814 4.085
201412 2.903 99.721 3.499
201503 2.290 99.814 2.758
201506 3.266 100.279 3.915
201509 2.344 100.000 2.817
201512 1.820 99.814 2.192
201603 1.275 99.600 1.539
201606 2.611 99.900 3.142
201609 1.983 100.100 2.381
201612 2.354 100.300 2.821
201703 2.137 101.000 2.543
201706 2.456 101.100 2.920
201709 2.192 101.200 2.604
201712 2.533 101.200 3.009
201803 3.147 101.800 3.716
201806 3.915 102.400 4.596
201809 4.153 102.600 4.865
201812 1.719 102.300 2.020
201903 2.513 102.800 2.938
201906 3.018 103.100 3.519
201909 2.796 102.900 3.266
201912 2.784 102.800 3.255
202003 2.131 102.900 2.489
202006 0.994 102.900 1.161
202009 1.488 102.300 1.748
202012 1.699 102.600 1.990
202103 2.024 103.700 2.346
202106 2.577 104.200 2.973
202109 2.694 104.900 3.087
202112 3.347 106.600 3.774
202203 3.405 110.400 3.707
202206 5.258 112.500 5.618
202209 4.430 114.200 4.663
202212 4.291 119.000 4.334
202303 3.937 118.800 3.983
202306 2.172 119.700 2.181
202309 3.407 120.300 3.404
202312 3.384 119.700 3.398
202403 3.454 120.200 3.454

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  (OTCPK:SAAFF) 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 (Saras SpA) Business Description

Industry
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 (Saras SpA) Headlines

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