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Bolsas Y Mercados Espanoles SHMSF (Bolsas Y Mercados Espanoles SHMSF) Cyclically Adjusted PS Ratio : (As of May. 26, 2024)


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What is Bolsas Y Mercados Espanoles SHMSF Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bolsas Y Mercados Espanoles SHMSF Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bolsas Y Mercados Espanoles SHMSF'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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Bolsas Y Mercados Espanoles SHMSF Cyclically Adjusted PS Ratio Chart

Bolsas Y Mercados Espanoles SHMSF Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
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Bolsas Y Mercados Espanoles SHMSF Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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Competitive Comparison of Bolsas Y Mercados Espanoles SHMSF's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, Bolsas Y Mercados Espanoles SHMSF'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.


Bolsas Y Mercados Espanoles SHMSF's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsas Y Mercados Espanoles SHMSF's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bolsas Y Mercados Espanoles SHMSF's Cyclically Adjusted PS Ratio falls into.



Bolsas Y Mercados Espanoles SHMSF 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.

Bolsas Y Mercados Espanoles SHMSF's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2020 is calculated as:

For example, Bolsas Y Mercados Espanoles SHMSF's adjusted Revenue per Share data for the three months ended in Jun. 2020 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=1.039/104.2543*104.2543
=1.039

Current CPI (Jun. 2020) = 104.2543.

Bolsas Y Mercados Espanoles SHMSF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201009 1.134 93.993 1.258
201012 1.101 95.953 1.196
201103 1.421 96.085 1.542
201106 1.336 97.111 1.434
201109 1.367 96.946 1.470
201112 2.467 98.235 2.618
201203 1.225 97.909 1.304
201206 1.190 98.952 1.254
201209 1.076 100.254 1.119
201212 2.155 101.052 2.223
201303 1.139 100.284 1.184
201306 1.244 100.994 1.284
201309 1.162 100.597 1.204
201312 1.307 101.306 1.345
201403 1.410 100.139 1.468
201406 1.328 101.081 1.370
201409 1.193 100.441 1.238
201412 1.321 100.251 1.374
201503 1.153 99.474 1.208
201506 1.157 101.138 1.193
201509 1.071 99.559 1.122
201512 1.045 100.268 1.087
201603 1.066 98.638 1.127
201606 1.129 100.333 1.173
201609 0.997 99.737 1.042
201612 1.042 101.842 1.067
201703 1.037 100.896 1.072
201706 1.114 101.848 1.140
201709 1.093 101.524 1.122
201712 1.137 102.975 1.151
201803 1.181 102.122 1.206
201806 1.081 104.165 1.082
201809 1.037 103.818 1.041
201812 1.047 104.193 1.048
201903 0.994 103.488 1.001
201906 0.983 104.612 0.980
201909 0.949 103.905 0.952
201912 0.978 105.015 0.971
202003 1.097 103.469 1.105
202006 1.039 104.254 1.039

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.


Bolsas Y Mercados Espanoles SHMSF  (GREY:SOHMF) 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.


Bolsas Y Mercados Espanoles SHMSF Cyclically Adjusted PS Ratio Related Terms

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Bolsas Y Mercados Espanoles SHMSF (Bolsas Y Mercados Espanoles SHMSF) Business Description

Traded in Other Exchanges
N/A
Address
Palacio de la Bolsa, Plaza de la Lealtad 1, Madrid, ESP, 28014
Bolsas Y Mercados Espanoles SHMSF SA is a financial market and securities exchange operator based in Spain but with global exposure. Most investors on the Bolsa are non-Spanish as more than three quarters of trading is due to nonresident buyers or sellers. The company is organized into six business units, including equities, fixed income, derivatives, clearing, settlement, and market data and value-added services. Like most exchanges, the company relies heavily on technology in carrying out its business model and also provides central counterparty services. The company's revenue is heaving contingent on trading volumes.

Bolsas Y Mercados Espanoles SHMSF (Bolsas Y Mercados Espanoles SHMSF) Headlines

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