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UniCredit SpA (UniCredit SpA) Cyclically Adjusted PS Ratio : 2.46 (As of Apr. 27, 2024)


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What is UniCredit SpA Cyclically Adjusted PS Ratio?

As of today (2024-04-27), UniCredit SpA's current share price is $38.135. UniCredit SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.48. UniCredit SpA's Cyclically Adjusted PS Ratio for today is 2.46.

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

UNCFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.57   Max: 2.55
Current: 2.52

During the past years, UniCredit SpA's highest Cyclically Adjusted PS Ratio was 2.55. The lowest was 0.28. And the median was 0.57.

UNCFF's Cyclically Adjusted PS Ratio is ranked worse than
54.98% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs UNCFF: 2.52

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.

UniCredit SpA's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.722. 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 $15.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


UniCredit SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for UniCredit SpA'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.

UniCredit SpA Cyclically Adjusted PS Ratio Chart

UniCredit SpA 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 0.56 0.41 0.91 0.88 1.78

UniCredit SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.88 1.18 1.47 1.59 1.78

Competitive Comparison of UniCredit SpA's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, UniCredit SpA'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.


UniCredit SpA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



UniCredit SpA 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.

UniCredit SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.135/15.48
=2.46

* 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.

UniCredit SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.722/119.5000*119.5000
=3.722

Current CPI (Dec. 2023) = 119.5000.

UniCredit SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.106 99.907 8.500
201406 6.960 100.093 8.309
201409 6.391 99.814 7.651
201412 6.140 99.721 7.358
201503 5.484 99.814 6.566
201506 5.613 100.279 6.689
201509 5.229 100.000 6.249
201512 2.059 99.814 2.465
201603 4.517 99.600 5.419
201606 5.290 99.900 6.328
201609 4.566 100.100 5.451
201612 3.288 100.300 3.917
201703 4.641 101.000 5.491
201706 2.607 101.100 3.081
201709 2.616 101.200 3.089
201712 2.223 101.200 2.625
201803 2.925 101.800 3.434
201806 2.796 102.400 3.263
201809 2.158 102.600 2.513
201812 3.149 102.300 3.678
201903 2.533 102.800 2.944
201906 2.485 103.100 2.880
201909 2.409 102.900 2.798
201912 2.890 102.800 3.359
202003 1.539 102.900 1.787
202006 3.195 102.900 3.710
202009 2.217 102.300 2.590
202012 2.374 102.600 2.765
202103 2.378 103.700 2.740
202106 2.717 104.200 3.116
202109 2.307 104.900 2.628
202112 1.352 106.600 1.516
202203 2.507 110.400 2.714
202206 2.305 112.500 2.448
202209 2.406 114.200 2.518
202212 3.032 119.000 3.045
202303 3.256 118.800 3.275
202306 3.265 119.700 3.260
202309 3.394 120.300 3.371
202312 3.722 119.500 3.722

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.


UniCredit SpA  (OTCPK:UNCFF) 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.


UniCredit SpA Cyclically Adjusted PS Ratio Related Terms

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


UniCredit SpA (UniCredit SpA) Business Description

Industry
Address
Piazza Gae Aulenti 3, Tower A, Milano, ITA, 20154
UniCredit is one of the two largest Italian retail and commercial banks, but roughly half of its operations are outside Italy. It has a strong presence in Germany, Austria, and Central and Eastern Europe. It generates most of its revenue from retail banking, but also maintains a sizable corporate and investment bank.

UniCredit SpA (UniCredit SpA) Headlines

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