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Altech Advanced Materials AG (XTER:AMA) Cyclically Adjusted PS Ratio : 1.76 (As of Jun. 09, 2024)


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What is Altech Advanced Materials AG Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Altech Advanced Materials AG's current share price is €5.80. Altech Advanced Materials AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €3.30. Altech Advanced Materials AG's Cyclically Adjusted PS Ratio for today is 1.76.

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

XTER:AMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.66   Med: 1.94   Max: 2.65
Current: 1.75

During the past 13 years, Altech Advanced Materials AG's highest Cyclically Adjusted PS Ratio was 2.65. The lowest was 1.66. And the median was 1.94.

XTER:AMA's Cyclically Adjusted PS Ratio is ranked better than
81.83% of 875 companies
in the Asset Management industry
Industry Median: 7.66 vs XTER:AMA: 1.75

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.

Altech Advanced Materials AG's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €0.011. 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 €3.30 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altech Advanced Materials AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Altech Advanced Materials 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.

Altech Advanced Materials AG Cyclically Adjusted PS Ratio Chart

Altech Advanced Materials 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 - - - - 2.65

Altech Advanced Materials AG Quarterly Data
Jun13 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - 2.65

Competitive Comparison of Altech Advanced Materials AG's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Altech Advanced Materials 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.


Altech Advanced Materials AG's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Altech Advanced Materials AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Altech Advanced Materials AG's Cyclically Adjusted PS Ratio falls into.



Altech Advanced Materials 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.

Altech Advanced Materials AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.80/3.3
=1.76

* 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.

Altech Advanced Materials AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Altech Advanced Materials AG's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.011/123.7729*123.7729
=0.011

Current CPI (Dec23) = 123.7729.

Altech Advanced Materials AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 8.459 99.543 10.518
201512 6.800 99.717 8.440
201612 0.000 101.217 0.000
201712 0.022 102.617 0.027
201812 0.012 104.217 0.014
201912 0.004 105.818 0.005
202012 0.000 105.518 0.000
202112 0.000 110.384 0.000
202212 0.000 119.345 0.000
202312 0.011 123.773 0.011

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.


Altech Advanced Materials AG  (XTER:AMA) 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.


Altech Advanced Materials AG Cyclically Adjusted PS Ratio Related Terms

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Altech Advanced Materials AG (XTER:AMA) Business Description

Traded in Other Exchanges
Address
Ziegelhauser Landstrasse 3, Heidelberg, BW, DEU, 69120
Altech Advanced Materials AG is an investment company that makes investments in corporations and partnerships that represent a good opportunity/risk ratio, particularly in the business areas of raw material extraction and processing, chemistry, manufacture of all types of packaging and paper products, as well as their distribution. The aim of the company, together with its cooperation partner Altech Batteries Limited, is to enter the market for lithium-ion batteries for electromobility with innovative and high-performance anode material based on high-purity aluminum oxide ("HPA) - Silumina Anodes - as well as in the area of solid-state batteries for stationary battery use with - CERENERGY - to participate.

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