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Are Holdings (FRA:A19) Cyclically Adjusted PS Ratio : 0.85 (As of Sep. 20, 2024)


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What is Are Holdings Cyclically Adjusted PS Ratio?

As of today (2024-09-20), Are Holdings's current share price is €11.30. Are Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.25. Are Holdings's Cyclically Adjusted PS Ratio for today is 0.85.

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

FRA:A19' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.94   Max: 1.35
Current: 0.8

During the past years, Are Holdings's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 0.56. And the median was 0.94.

FRA:A19's Cyclically Adjusted PS Ratio is ranked better than
62.41% of 133 companies
in the Waste Management industry
Industry Median: 1.1 vs FRA:A19: 0.80

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.

Are Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.196. 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 €13.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Are Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Are Holdings'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.

Are Holdings Cyclically Adjusted PS Ratio Chart

Are Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 1.20 1.28 1.02 0.86

Are Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.96 0.90 0.90 0.86 -

Competitive Comparison of Are Holdings's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Are Holdings'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.


Are Holdings's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Are Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Are Holdings 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.

Are Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.30/13.25
=0.85

* 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.

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

For example, Are Holdings'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)
=6.196/107.2000*107.2000
=6.196

Current CPI (Mar. 2024) = 107.2000.

Are Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.568 98.000 2.809
201409 3.147 98.500 3.425
201412 2.976 97.900 3.259
201503 3.657 97.900 4.004
201506 3.565 98.400 3.884
201509 3.426 98.500 3.729
201512 3.336 98.100 3.645
201603 3.351 97.900 3.669
201606 3.602 98.100 3.936
201609 3.208 98.000 3.509
201612 3.354 98.400 3.654
201703 3.604 98.100 3.938
201706 3.997 98.500 4.350
201709 2.906 98.800 3.153
201712 3.333 99.400 3.595
201803 2.646 99.200 2.859
201806 3.125 99.200 3.377
201809 2.752 99.900 2.953
201812 2.584 99.700 2.778
201903 3.195 99.700 3.435
201906 3.138 99.800 3.371
201909 3.286 100.100 3.519
201912 3.982 100.500 4.247
202003 3.827 100.300 4.090
202006 4.085 99.900 4.384
202009 4.051 99.900 4.347
202012 4.089 99.300 4.414
202103 4.270 99.900 4.582
202106 4.280 99.500 4.611
202109 4.053 100.100 4.340
202112 4.268 100.100 4.571
202203 4.177 101.100 4.429
202206 4.783 101.800 5.037
202209 5.888 103.100 6.122
202212 5.939 104.100 6.116
202303 5.543 104.400 5.692
202306 5.032 105.200 5.128
202309 6.268 106.200 6.327
202312 6.141 106.800 6.164
202403 6.196 107.200 6.196

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.


Are Holdings  (FRA:A19) 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.


Are Holdings Cyclically Adjusted PS Ratio Related Terms

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


Are Holdings Business Description

Traded in Other Exchanges
Address
Nissay Sannomiya Bldg., 4-4-17, Kano-cho, Chuo-ku, Kobe, JPN, 650-0001
Are Holdings Inc formerly Asahi Holdings Inc is operative in the Japanese waste management industry. The company's principal interest lies in the precious metals recycling activities. This segment deals with the recycling and sale of precious metals and rare metals, including gold, silver, palladium, platinum, and indium, which are refined from precious metal-containing scraps inclusive of electronic materials, dental materials, jewelry manufacture and automobile catalysts. Asahi's secondary line of business is responsible for the collection, transportation and intermediate treatment of industrial wastes, such as waste acids, waste alkalis, waste oil, sludge, waste drugs and infectious medical wastes.

Are Holdings Headlines

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