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Akzo Nobel NV (Akzo Nobel NV) Cyclically Adjusted PS Ratio : 1.09 (As of Apr. 27, 2024)


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What is Akzo Nobel NV Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Akzo Nobel NV's current share price is $71.615. Akzo Nobel NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $65.93. Akzo Nobel NV's Cyclically Adjusted PS Ratio for today is 1.09.

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

AKZOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.17   Max: 1.82
Current: 1.02

During the past years, Akzo Nobel NV's highest Cyclically Adjusted PS Ratio was 1.82. The lowest was 0.75. And the median was 1.17.

AKZOF's Cyclically Adjusted PS Ratio is ranked better than
55.38% of 1190 companies
in the Chemicals industry
Industry Median: 1.18 vs AKZOF: 1.02

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.

Akzo Nobel NV's adjusted revenue per share data for the three months ended in Mar. 2024 was $16.820. 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 $65.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akzo Nobel NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Akzo Nobel NV'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.

Akzo Nobel NV Cyclically Adjusted PS Ratio Chart

Akzo Nobel NV 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 1.44 1.47 1.61 1.00 1.23

Akzo Nobel NV 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 1.16 1.21 1.10 1.23 1.14

Competitive Comparison of Akzo Nobel NV's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Akzo Nobel NV'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.


Akzo Nobel NV's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Akzo Nobel NV 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.

Akzo Nobel NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.615/65.93
=1.09

* 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.

Akzo Nobel NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Akzo Nobel NV'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)
=16.82/126.4000*126.4000
=16.820

Current CPI (Mar. 2024) = 126.4000.

Akzo Nobel NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 23.109 99.240 29.433
201409 21.776 99.960 27.536
201412 19.829 99.050 25.304
201503 17.744 99.750 22.485
201506 20.073 100.230 25.314
201509 19.112 100.500 24.037
201512 17.518 99.730 22.203
201603 17.223 100.310 21.703
201606 18.644 100.260 23.505
201609 18.066 100.570 22.706
201612 -6.151 100.710 -7.720
201703 11.381 101.440 14.181
201706 12.591 101.370 15.700
201709 12.877 102.030 15.953
201712 12.033 101.970 14.916
201803 10.605 102.470 13.082
201806 11.228 103.100 13.765
201809 10.550 103.950 12.828
201812 11.530 103.970 14.017
201903 10.537 105.370 12.640
201906 12.840 105.840 15.334
201909 12.927 106.700 15.314
201912 12.481 106.800 14.772
202003 11.722 106.850 13.867
202006 11.734 107.510 13.796
202009 14.065 107.880 16.480
202012 13.902 107.850 16.293
202103 14.269 108.870 16.567
202106 16.112 109.670 18.570
202109 15.401 110.790 17.571
202112 14.846 114.010 16.459
202203 15.529 119.460 16.431
202206 17.145 119.050 18.204
202209 16.285 126.890 16.222
202212 16.198 124.940 16.387
202303 16.685 124.720 16.910
202306 17.407 125.830 17.486
202309 17.026 127.160 16.924
202312 16.104 126.400 16.104
202403 16.820 126.400 16.820

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.


Akzo Nobel NV  (OTCPK:AKZOF) 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.


Akzo Nobel NV Cyclically Adjusted PS Ratio Related Terms

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


Akzo Nobel NV (Akzo Nobel NV) Business Description

Address
Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW
Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.