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Ciech (WAR:CIE) Cyclically Adjusted PS Ratio : 0.32 (As of May. 22, 2024)


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What is Ciech Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Ciech's current share price is zł53.00. Ciech's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was zł164.47. Ciech's Cyclically Adjusted PS Ratio for today is 0.32.

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

WAR:CIE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.44   Max: 0.91
Current: 0.33

During the past years, Ciech's highest Cyclically Adjusted PS Ratio was 0.91. The lowest was 0.30. And the median was 0.44.

WAR:CIE's Cyclically Adjusted PS Ratio is not ranked
in the Chemicals industry.
Industry Median: 1.23 vs WAR:CIE: 0.33

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.

Ciech's adjusted revenue per share data for the three months ended in Sep. 2023 was zł22.082. 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 zł164.47 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ciech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ciech'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.

Ciech Cyclically Adjusted PS Ratio Chart

Ciech Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.50 0.44 0.42 0.35

Ciech Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.36 0.35 0.33 0.33 0.33

Competitive Comparison of Ciech's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Ciech'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.


Ciech's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ciech's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ciech 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.

Ciech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.00/164.47
=0.32

* 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.

Ciech's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Ciech's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=22.082/146.1131*146.1131
=22.082

Current CPI (Sep. 2023) = 146.1131.

Ciech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 14.732 101.018 21.309
201403 16.033 101.262 23.134
201406 15.447 101.180 22.307
201409 15.156 100.611 22.011
201412 14.918 100.122 21.771
201503 15.510 100.041 22.653
201506 15.987 100.448 23.255
201509 15.219 99.634 22.319
201512 15.484 99.471 22.744
201603 15.709 98.983 23.189
201606 16.440 99.552 24.129
201609 16.200 99.064 23.894
201612 17.227 100.366 25.079
201703 17.045 101.018 24.654
201706 16.721 101.180 24.147
201709 15.938 101.343 22.979
201712 18.212 102.564 25.945
201803 16.779 102.564 23.903
201806 17.705 103.378 25.024
201809 16.771 103.378 23.704
201812 18.456 103.785 25.983
201903 18.044 104.274 25.284
201906 16.534 105.983 22.795
201909 16.592 105.983 22.875
201912 13.810 107.123 18.837
202003 14.943 109.076 20.017
202006 12.480 109.402 16.668
202009 13.144 109.320 17.568
202012 15.147 109.565 20.200
202103 16.341 112.658 21.194
202106 15.692 113.960 20.119
202109 14.652 115.588 18.521
202112 19.288 119.088 23.665
202203 23.587 125.031 27.564
202206 23.426 131.705 25.989
202209 26.718 135.531 28.804
202212 29.009 139.113 30.469
202303 32.860 145.950 32.897
202306 22.494 147.009 22.357
202309 22.082 146.113 22.082

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.


Ciech  (WAR:CIE) 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.


Ciech Cyclically Adjusted PS Ratio Related Terms

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


Ciech (WAR:CIE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul Wspolna Street 62, Warsaw, POL, 00-684
Ciech SA manufactures and sells soda ash, glass, and chemical-based products. The firm's four segments are based on product type and function. The Soda segment, which generates the majority of revenue, sells soda ash used in the production of glass, detergents, and chemicals. Agro Segment is a manufacturer of crop protection products used in agriculture. The resins segment produces epoxy resins and polyester resins. Foams Segment is a producer of polyurethane foams, mainly used in the furniture industry for upholstered furniture and mattresses. Silicates Segment manufactures sodium silicates and potassium silicates. The packaging segment manufactures glass packaging lanterns and jars, used in the food industry and for the production of headstone lamps.

Ciech (WAR:CIE) Headlines

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