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elexis AG (XTER:EEX) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is elexis AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


elexis AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for elexis 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.

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elexis AG Cyclically Adjusted PS Ratio Chart

elexis AG Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PS Ratio
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elexis AG Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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Competitive Comparison of elexis AG's Cyclically Adjusted PS Ratio

For the subindustry, elexis 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.


elexis AG's Cyclically Adjusted PS Ratio Distribution in the Industry

For the industry and sector, elexis AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



elexis 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.

elexis AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec13 is calculated as:

For example, elexis AG's adjusted Revenue per Share data for the fiscal year that ended in Dec13 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=18.666/99.3560*99.3560
=18.666

Current CPI (Dec13) = 99.3560.

elexis AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200412 13.475 85.922 15.582
200512 27.758 87.135 31.651
200612 28.013 88.348 31.504
200712 17.526 91.146 19.105
200812 18.541 92.173 19.986
200912 13.802 92.919 14.758
201012 14.861 94.132 15.686
201112 18.198 95.998 18.835
201212 18.261 97.957 18.522
201312 18.666 99.356 18.666

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.


elexis AG  (XTER:EEX) 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.


elexis AG Cyclically Adjusted PS Ratio Related Terms

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elexis AG (XTER:EEX) Business Description

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elexis AG is a technology company. It provides solutions in the areas of industrial automation, quality assurance systems, drive technology, and strip and web guiding systems.