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Atlas (ATCO) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Atlas Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Atlas'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.

Atlas Cyclically Adjusted PS Ratio Chart

Atlas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.43 1.26 1.24 1.23

Atlas Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.22 1.23 1.23 1.22 1.20

Competitive Comparison of Atlas's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Atlas'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.


Atlas's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Atlas's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Atlas 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.

Atlas's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=1.552/129.4000*129.4000
=1.552

Current CPI (Jun. 2023) = 129.4000.

Atlas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 2.618 98.700 3.432
201312 1.894 99.200 2.471
201403 1.944 99.300 2.533
201406 1.830 99.800 2.373
201409 1.935 100.000 2.504
201412 1.953 99.900 2.530
201503 1.923 99.600 2.498
201506 2.006 100.100 2.593
201509 2.132 100.200 2.753
201512 2.186 100.400 2.817
201603 2.205 100.400 2.842
201606 2.207 101.000 2.828
201609 1.846 101.500 2.353
201612 2.008 102.200 2.542
201703 1.885 102.700 2.375
201706 1.853 103.500 2.317
201709 1.732 104.300 2.149
201712 1.679 105.000 2.069
201803 1.676 105.100 2.064
201806 1.928 105.900 2.356
201809 1.695 106.600 2.058
201812 1.660 107.100 2.006
201903 1.350 107.000 1.633
201906 1.248 107.900 1.497
201909 1.270 108.400 1.516
201912 1.281 108.500 1.528
202003 1.304 108.600 1.554
202006 1.436 108.800 1.708
202009 1.524 109.200 1.806
202012 1.401 109.400 1.657
202103 1.413 109.700 1.667
202106 1.478 111.400 1.717
202109 1.686 112.400 1.941
202112 1.609 114.700 1.815
202203 1.455 116.500 1.616
202206 1.414 120.500 1.518
202209 1.496 122.300 1.583
202212 1.474 125.300 1.522
202303 1.482 126.800 1.512
202306 1.552 129.400 1.552

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.


Atlas  (NYSE:ATCO) 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.


Atlas Cyclically Adjusted PS Ratio Related Terms

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


Atlas (ATCO) Business Description

Traded in Other Exchanges
Address
23 Berkeley Square, London, GBR, W1J 6HE
Atlas Corp is a global asset manager that owns and operates the businesses in which it invests while focusing on deploying capital across multiple verticals to create sustainable value and quality growth opportunities for its shareholders. The company has two business segments: Containership leasing and Mobile power generation. The containership leasing segment owns and operates a fleet of containerships that are chartered primarily pursuant to long-term, fixed-rate charters. The mobile power generation segment owns and operates a fleet of power generation assets, including gas turbines and other equipment, and provides power solutions to customers. Majority of revenue is generated from The Containership Leasing segment.