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Ascopiave SpA (CHIX:ASCM) Cyclically Adjusted PS Ratio : 1.55 (As of Jun. 15, 2024)


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What is Ascopiave SpA Cyclically Adjusted PS Ratio?

As of today (2024-06-15), Ascopiave SpA's current share price is €2.735. Ascopiave SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.77. Ascopiave SpA's Cyclically Adjusted PS Ratio for today is 1.55.

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

CHIX:ASCm' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.31   Max: 1.72
Current: 1.45

During the past years, Ascopiave SpA's highest Cyclically Adjusted PS Ratio was 1.72. The lowest was 0.86. And the median was 1.31.

CHIX:ASCm's Cyclically Adjusted PS Ratio is ranked worse than
56.92% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.205 vs CHIX:ASCm: 1.45

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. 2024 was €0.217. 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 €1.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ascopiave SpA Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Ascopiave SpA Cyclically Adjusted PS Ratio Chart

Ascopiave 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 1.33 1.45 1.61 1.25 1.38

Ascopiave 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 1.49 1.34 1.14 1.38 1.55

Competitive Comparison of Ascopiave SpA's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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
=2.735/1.77
=1.55

* 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. 2024 is calculated as:

For example, Ascopiave 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)
=0.217/120.2000*120.2000
=0.217

Current CPI (Mar. 2024) = 120.2000.

Ascopiave SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.450 100.093 0.540
201409 0.427 99.814 0.514
201412 0.693 99.721 0.835
201503 0.988 99.814 1.190
201506 0.461 100.279 0.553
201509 0.408 100.000 0.490
201512 0.764 99.814 0.920
201603 0.822 99.600 0.992
201606 0.376 99.900 0.452
201609 0.394 100.100 0.473
201612 0.646 100.300 0.774
201703 0.894 101.000 1.064
201706 0.440 101.100 0.523
201709 0.362 101.200 0.430
201712 0.697 101.200 0.828
201803 0.905 101.800 1.069
201806 -0.607 102.400 -0.713
201809 0.101 102.600 0.118
201812 0.124 102.300 0.146
201903 0.125 102.800 0.146
201906 0.150 103.100 0.175
201909 0.126 102.900 0.147
201912 0.159 102.800 0.186
202003 0.199 102.900 0.232
202006 0.189 102.900 0.221
202009 0.196 102.300 0.230
202012 0.171 102.600 0.200
202103 0.178 103.700 0.206
202106 0.127 104.200 0.147
202109 0.155 104.900 0.178
202112 0.163 106.600 0.184
202203 0.157 110.400 0.171
202206 0.217 112.500 0.232
202209 0.181 114.200 0.191
202212 0.199 119.000 0.201
202303 0.189 118.800 0.191
202306 0.200 119.700 0.201
202309 0.184 120.300 0.184
202312 0.263 119.700 0.264
202403 0.217 120.200 0.217

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.


Ascopiave SpA  (CHIX:ASCm) 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

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


Ascopiave SpA (CHIX:ASCM) Business Description

Traded in Other Exchanges
Address
Via Verizzo, 1030, Pieve di Soligo, Treviso, ITA, I-31053
Ascopiave SpA is an Italy-based company engaged in the utility sector. The company is primarily active in the distribution and sale of natural gas. Its business segments include Gas distribution, Renewable energies, and Others. The other segments include the cogeneration and heat supply activity and the parent company. The company is also involved in the sale of electric power, heat management, co-generation, and generation of electricity from photovoltaic plants. It generates maximum revenue from the Gas distribution segment.

Ascopiave SpA (CHIX:ASCM) Headlines

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