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Adecco Group AG (STU:ADI1) Cyclically Adjusted PS Ratio : (As of May. 28, 2024)


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What is Adecco Group AG Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adecco Group AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adecco Group AG'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.

Adecco Group AG Cyclically Adjusted PS Ratio Chart

Adecco Group AG 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 0.43 0.42 0.32 0.20 0.27

Adecco Group AG 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 0.22 0.19 0.25 0.27 0.23

Competitive Comparison of Adecco Group AG's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Adecco Group AG'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.


Adecco Group AG's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Adecco Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Adecco Group AG's Cyclically Adjusted PS Ratio falls into.



Adecco Group AG 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.

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

For example, Adecco Group AG'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)
=33.998/107.3549*107.3549
=33.998

Current CPI (Mar. 2024) = 107.3549.

Adecco Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 28.072 101.517 29.686
201409 29.458 101.247 31.235
201412 29.666 100.704 31.625
201503 29.301 100.339 31.350
201506 32.169 100.464 34.376
201509 32.894 99.785 35.389
201512 33.008 99.386 35.655
201603 31.300 99.475 33.779
201606 33.402 100.088 35.827
201609 34.078 99.604 36.730
201612 34.382 99.380 37.141
201703 33.611 100.040 36.069
201706 35.134 100.285 37.611
201709 34.971 100.254 37.448
201712 36.221 100.213 38.802
201803 34.294 100.836 36.511
201806 36.482 101.435 38.611
201809 36.141 101.246 38.322
201812 37.144 100.906 39.518
201903 34.656 101.571 36.630
201906 36.473 102.044 38.371
201909 36.317 101.396 38.451
201912 36.686 101.063 38.970
202003 31.625 101.048 33.599
202006 25.829 100.743 27.524
202009 29.896 100.585 31.908
202012 33.373 100.241 35.742
202103 30.695 100.800 32.691
202106 32.527 101.352 34.453
202109 32.307 101.533 34.160
202112 33.189 101.776 35.008
202203 32.723 103.205 34.039
202206 35.490 104.783 36.361
202209 36.148 104.835 37.017
202212 37.127 104.666 38.081
202303 35.138 106.245 35.505
202306 35.732 106.576 35.993
202309 35.431 106.570 35.692
202312 36.329 106.461 36.634
202403 33.998 107.355 33.998

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.


Adecco Group AG  (STU:ADI1) 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.


Adecco Group AG Cyclically Adjusted PS Ratio Related Terms

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Adecco Group AG (STU:ADI1) Business Description

Traded in Other Exchanges
Address
Bellerivestrasse 30, Zurich, CHE, CH-8008
Adecco Group AG is a provider of human capital solutions including Flexible placement, Permanent placement, Career Transition, Outsourcing, Consulting Services in engineering, Digital and IT, Talent services, Training, Up/ Re-skilling and Other services. It is organised into three business units Adecco, Akkodis and LHH. The company provides services to businesses and organisations located throughout Europe, North America, Asia Pacific, South America, and North Africa.

Adecco Group AG (STU:ADI1) Headlines

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