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M&G Poliester (BSP:RHDS3) Cyclically Adjusted PS Ratio : (As of Jun. 23, 2024)


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What is M&G Poliester 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


M&G Poliester Cyclically Adjusted PS Ratio Historical Data

The historical data trend for M&G Poliester'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.

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M&G Poliester Cyclically Adjusted PS Ratio Chart

M&G Poliester Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PS Ratio
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M&G Poliester Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of M&G Poliester's Cyclically Adjusted PS Ratio

For the subindustry, M&G Poliester'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.


M&G Poliester's Cyclically Adjusted PS Ratio Distribution in the Industry

For the industry and sector, M&G Poliester's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where M&G Poliester's Cyclically Adjusted PS Ratio falls into.



M&G Poliester 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.

M&G Poliester's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec13 is calculated as:

For example, M&G Poliester's adjusted Revenue per Share data for the fiscal year that ended in Dec13 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=0.215/88.5217*88.5217
=0.215

Current CPI (Dec13) = 88.5217.

M&G Poliester Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200412 2.370 55.658 3.769
200512 0.528 58.824 0.795
200612 0.464 60.672 0.677
200712 0.162 63.377 0.226
200812 0.187 67.118 0.247
200912 0.156 70.012 0.197
201012 0.204 74.149 0.244
201112 0.215 78.971 0.241
201212 0.198 83.581 0.210
201312 0.215 88.522 0.215

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.


M&G Poliester  (BSP:RHDS3) 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.


M&G Poliester Cyclically Adjusted PS Ratio Related Terms

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M&G Poliester (BSP:RHDS3) Business Description

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