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ACEA SpA (ACEA SpA) Cyclically Adjusted PS Ratio : 0.91 (As of May. 21, 2024)


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What is ACEA SpA Cyclically Adjusted PS Ratio?

As of today (2024-05-21), ACEA SpA's current share price is $11.50. ACEA SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $12.68. ACEA SpA's Cyclically Adjusted PS Ratio for today is 0.91.

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

ACEJF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.98   Max: 1.46
Current: 0.93

During the past years, ACEA SpA's highest Cyclically Adjusted PS Ratio was 1.46. The lowest was 0.58. And the median was 0.98.

ACEJF's Cyclically Adjusted PS Ratio is ranked better than
61.07% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs ACEJF: 0.93

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.

ACEA SpA's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.248. 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 $12.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACEA SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ACEA 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.

ACEA SpA Cyclically Adjusted PS Ratio Chart

ACEA 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 1.27 1.16 1.22 0.74 0.77

ACEA SpA 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 0.71 0.67 0.57 0.77 0.91

Competitive Comparison of ACEA SpA's Cyclically Adjusted PS Ratio

For the Utilities - Diversified subindustry, ACEA 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.


ACEA SpA's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ACEA SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ACEA 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.50/12.68
=0.91

* 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.

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

For example, ACEA SpA'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)
=5.248/120.2000*120.2000
=5.248

Current CPI (Mar. 2024) = 120.2000.

ACEA SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.665 100.093 5.602
201409 4.665 99.814 5.618
201412 4.300 99.721 5.183
201503 3.798 99.814 4.574
201506 3.588 100.279 4.301
201509 3.836 100.000 4.611
201512 3.308 99.814 3.984
201603 3.731 99.600 4.503
201606 3.558 99.900 4.281
201609 3.489 100.100 4.190
201612 3.369 100.300 4.037
201703 3.644 101.000 4.337
201706 3.420 101.100 4.066
201709 3.731 101.200 4.431
201712 3.583 101.200 4.256
201803 4.316 101.800 5.096
201806 3.896 102.400 4.573
201809 3.951 102.600 4.629
201812 3.629 102.300 4.264
201903 4.368 102.800 5.107
201906 3.880 103.100 4.524
201909 4.109 102.900 4.800
201912 3.643 102.800 4.260
202003 4.333 102.900 5.061
202006 4.178 102.900 4.880
202009 4.708 102.300 5.532
202012 4.322 102.600 5.063
202103 5.208 103.700 6.037
202106 5.070 104.200 5.849
202109 5.211 104.900 5.971
202112 5.739 106.600 6.471
202203 6.179 110.400 6.727
202206 5.745 112.500 6.138
202209 6.736 114.200 7.090
202212 6.146 119.000 6.208
202303 6.245 118.800 6.319
202306 5.384 119.700 5.406
202309 5.544 120.300 5.539
202312 5.660 119.700 5.684
202403 5.248 120.200 5.248

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.


ACEA SpA  (OTCPK:ACEJF) 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.


ACEA SpA Cyclically Adjusted PS Ratio Related Terms

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


ACEA SpA (ACEA SpA) Business Description

Traded in Other Exchanges
Address
Piazzale Ostiense, 2, Roma, ITA, 00154
ACEA SpA is an Italian-based electricity and water utility company. It operates chiefly in Rome and other cities in Lazio, a central Italian region. With the help of its various subsidiaries and numerous ventures, Acea produces and sells energy, utilities, and environmental products and services. The company derives a majority of its revenue from its water segment (drinking water and sewage system), with additional revenue coming from its energy (electricity and natural gas), networks (distribution services), and environmental (research and development and consultancy services) segments.

ACEA SpA (ACEA SpA) Headlines

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