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Valiant Holding AG (Valiant Holding AG) Cyclically Adjusted PS Ratio : 3.48 (As of Jun. 13, 2024)


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What is Valiant Holding AG Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Valiant Holding AG's current share price is $112.00. Valiant Holding AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $32.16. Valiant Holding AG's Cyclically Adjusted PS Ratio for today is 3.48.

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

VALIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.19   Med: 3.6   Max: 3.93
Current: 3.58

During the past years, Valiant Holding AG's highest Cyclically Adjusted PS Ratio was 3.93. The lowest was 3.19. And the median was 3.60.

VALIF's Cyclically Adjusted PS Ratio is ranked worse than
77.1% of 1192 companies
in the Banks industry
Industry Median: 2.335 vs VALIF: 3.58

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.

Valiant Holding AG's adjusted revenue per share data for the three months ended in Mar. 2024 was $9.995. 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 $32.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valiant Holding AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Valiant Holding 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.

Valiant Holding AG Cyclically Adjusted PS Ratio Chart

Valiant Holding 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 - - - 3.75 3.39

Valiant Holding 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 3.61 3.38 3.40 3.39 3.70

Competitive Comparison of Valiant Holding AG's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Valiant Holding 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.


Valiant Holding AG's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Valiant Holding AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Valiant Holding 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.

Valiant Holding AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=112.00/32.16
=3.48

* 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.

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

For example, Valiant Holding 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)
=9.995/107.3549*107.3549
=9.995

Current CPI (Mar. 2024) = 107.3549.

Valiant Holding AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 0.000 100.968 0.000
201306 0.000 101.466 0.000
201312 0.000 101.036 0.000
201406 0.000 101.517 0.000
201412 0.000 100.704 0.000
201506 0.000 100.464 0.000
201512 0.000 99.386 0.000
201603 5.756 99.475 6.212
201606 5.920 100.088 6.350
201609 6.127 99.604 6.604
201612 5.830 99.380 6.298
201703 5.629 100.040 6.041
201706 5.879 100.285 6.293
201709 6.319 100.254 6.767
201712 6.322 100.213 6.773
201803 6.282 100.836 6.688
201806 6.205 101.435 6.567
201809 6.282 101.246 6.661
201812 6.362 100.906 6.769
201903 6.303 101.571 6.662
201906 6.291 102.044 6.618
201909 5.917 101.396 6.265
201912 6.916 101.063 7.347
202003 6.665 101.048 7.081
202006 6.816 100.743 7.263
202009 6.880 100.585 7.343
202012 8.008 100.241 8.576
202103 7.078 100.800 7.538
202106 7.525 101.352 7.971
202109 7.302 101.533 7.721
202112 7.899 101.776 8.332
202203 7.402 103.205 7.700
202206 7.245 104.783 7.423
202209 7.329 104.835 7.505
202212 9.920 104.666 10.175
202303 8.810 106.245 8.902
202306 9.860 106.576 9.932
202309 10.216 106.570 10.291
202312 10.357 106.461 10.444
202403 9.995 107.355 9.995

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.


Valiant Holding AG  (OTCPK:VALIF) 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.


Valiant Holding AG Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Valiant Holding AG's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Valiant Holding AG (Valiant Holding AG) Business Description

Traded in Other Exchanges
Address
c/o Valiant Bank AG, Pilatusstrasse 39, Lucerne, CHE, 6003
Valiant Holding AG is an independent retail and SME bank which offers banking and financial services to clients. It operates exclusively within Switzerland. It serves five basic client needs namely payments, savings, retirement planning, financing and investing. Its products and services encompass mobile banking app and payment solution Twint, savings account, retirement planning solutions, financing products and advisory services and customised investment solutions.

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