ASCOF (Ascopiave SpA) Cyclically Adjusted PS Ratio: 2.87 (As of Jul. 12, 2026) — 105% Above Median


ASCOF Ascopiave SpA ASCOF
82 GF Score
Price $3.33
GF Value $3.96
! 3 Warning Signs
View Full Analysis

What is Ascopiave SpA Cyclically Adjusted PS Ratio?

Ascopiave SpA ASCOF 82 Cyclically Adjusted PS Ratio is 2.87 as of Jul. 12, 2026, which is 105% above its 10-year median of 1.40. GuruFocus rates ASCOF with a GF Score™ of 82/100 and a GF Value™ of $3.96. The stock has 3 warning signs investors should review. Among 441 Utilities - Regulated companies, Ascopiave SpA ranks worse than 71.66% on this metric.

As of today (2026-07-12), Ascopiave SpA's current share price is $3.33. Ascopiave SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $1.16. Ascopiave SpA's Cyclically Adjusted PS Ratio for today is 2.87.

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

ASCOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.4   Max: 3.17
Current: 2.58

During the past years, Ascopiave SpA's highest Cyclically Adjusted PS Ratio was 3.17. The lowest was 0.85. And the median was 1.40.

ASCOF's Cyclically Adjusted PS Ratio is ranked worse than
71.66% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.41 vs ASCOF: 2.58

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.

Ascopiave SpA's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.373. 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 $1.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ascopiave SpA  (OTCPK:ASCOF) 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.


Ascopiave SpA Cyclically Adjusted PS Ratio Related Terms


Ascopiave SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ascopiave 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.

Ascopiave SpA Cyclically Adjusted PS Ratio Chart

Ascopiave SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.25 1.38 1.93 2.68

Ascopiave SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.28 2.32 2.34 2.68 2.87

ASCOF vs ATO, NI, UGI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, Ascopiave 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.


Ascopiave SpA Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


ASCOF
82GF Score
Ascopiave SpA ASCOF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ascopiave 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.33/1.16
=2.87

* 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.

Ascopiave SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ascopiave SpA's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.373/124.5600*124.5600
=0.373

Current CPI (Mar. 2026) = 124.5600.

Ascopiave SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.422 99.900 0.526
201609 0.442 100.100 0.550
201612 0.681 100.300 0.846
201703 0.956 101.000 1.179
201706 0.495 101.100 0.610
201709 0.432 101.200 0.532
201712 0.825 101.200 1.015
201803 1.116 101.800 1.366
201806 -0.710 102.400 -0.864
201809 0.118 102.600 0.143
201812 0.141 102.300 0.172
201903 0.141 102.800 0.171
201906 0.170 103.100 0.205
201909 0.139 102.900 0.168
201912 0.177 102.800 0.214
202003 0.220 102.900 0.266
202006 0.212 102.900 0.257
202009 0.231 102.300 0.281
202012 0.208 102.600 0.253
202103 0.212 103.700 0.255
202106 0.153 104.200 0.183
202109 0.182 104.900 0.216
202112 0.184 106.600 0.215
202203 0.173 110.400 0.195
202206 0.230 112.500 0.255
202209 0.180 114.200 0.196
202212 0.211 119.000 0.221
202303 0.202 118.800 0.212
202306 0.216 119.700 0.225
202309 0.197 120.300 0.204
202312 0.286 119.700 0.298
202403 0.236 120.200 0.245
202406 0.256 120.700 0.264
202409 0.242 121.200 0.249
202412 0.282 121.200 0.290
202503 0.274 122.500 0.279
202506 0.283 122.700 0.287
202509 0.409 123.100 0.414
202512 0.329 122.600 0.334
202603 0.373 124.560 0.373

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.

What does a Cyclically Adjusted PS Ratio of 2.87 mean?
Ascopiave SpA (ASCOF) has a Cyclically Adjusted PS Ratio of 2.87 as of Jul. 12, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ascopiave SpA and its competitors. This is 105% above median its historical median of 1.40. Over the past decade, Ascopiave SpA's Cyclically Adjusted PS Ratio has ranged from 0.85 to 3.17. According to the industry distribution chart, Ascopiave SpA ranks #316 out of 441 companies in the Utilities - Regulated industry, placing it in the top 71.7%.
Is Ascopiave SpA's Cyclically Adjusted PS Ratio too high?
Ascopiave SpA's current Cyclically Adjusted PS Ratio of 2.87 is 105% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 3.17. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.41. Ascopiave SpA's value of 2.87 is 103.5% above this industry median. Based on the distribution chart, Ascopiave SpA ranks #316 out of 441 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Ascopiave SpA has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Ascopiave SpA's Cyclically Adjusted PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Ascopiave SpA ranks #316 out of 441 companies for Cyclically Adjusted PS Ratio. This places Ascopiave SpA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Ascopiave SpA's value of 2.87 is 103.5% above this benchmark. Historically, Ascopiave SpA's own Cyclically Adjusted PS Ratio has ranged from 0.85 to 3.17 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.41, Ascopiave SpA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.41, based on 441 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ascopiave SpA's current Cyclically Adjusted PS Ratio of 2.87 is 103.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ascopiave SpA and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascopiave SpA's current Cyclically Adjusted PS Ratio is 2.87, which is 105% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascopiave SpA stock overvalued right now?
Ascopiave SpA (ASCOF) has a current Cyclically Adjusted PS Ratio of 2.87. The stock's GF Value™ is $3.96, compared to a current price of $3.33 — trading 15.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.87, which is 105% above median its 10-year median of 1.40 and 103.5% above the Utilities - Regulated industry median of 1.41. Ascopiave SpA's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Ascopiave SpA (ASCOF), the current Cyclically Adjusted PS Ratio is 2.87 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ascopiave SpA (ASCOF) Overvalued in 2026?

Based on GuruFocus' analysis, Ascopiave SpA stock appears to be undervalued. The current stock price of $3.33 is trading 15.9% below its estimated GF Value™ of $3.96.

Key valuation signals for ASCOF:

  • Cyclically Adjusted PS Ratio: 2.87 (105% above median its 10-year median of 1.40)
  • GF Value™: $3.96 vs. price of $3.33 (15.9% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 103.5% above the Utilities - Regulated median (#316 of 441)

No single metric tells the full story. See the ASCOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ascopiave SpA Business Description

Other Exchanges ASC:Italy0DME:UKAVA:Germany
Address Via Verizzo, 1030, Pieve di Soligo, Treviso, ITA, 31053
Ascopiave SpA is an Italy-based company engaged in the utility sector. It operates mainly in the field of natural gas distribution through its natural gas and LPG distribution networks across several towns. The Group is also present in the renewable energy sector, owning hydroelectric and wind power plants. Additionally, it is present in the field of cogeneration and heat management, as well as in the water sector, through its strategic investments. Ascopiave's operating business segments are: Gas Distribution, Renewables energies, and Other. Maximum revenue is generated from its Gas Distribution business. Geographically, the Group operates only in Italy.
82GF Score

Get the complete analysis for ASCOF

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.33
Price
$3.96
GF Value