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ABB (FRA:ABJ) Cyclically Adjusted PS Ratio : (As of May. 17, 2024)


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What is ABB 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


ABB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ABB'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.

ABB Cyclically Adjusted PS Ratio Chart

ABB 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 1.58 1.72 2.42 2.00 2.65

ABB 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 2.20 2.47 2.31 2.65 2.98

Competitive Comparison of ABB's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, ABB'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.


ABB's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ABB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ABB 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.

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

For example, ABB'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)
=3.932/107.3549*107.3549
=3.932

Current CPI (Mar. 2024) = 107.3549.

ABB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.258 101.517 3.445
201409 3.320 101.247 3.520
201412 3.690 100.704 3.934
201503 3.504 100.339 3.749
201506 3.649 100.464 3.899
201509 3.414 99.785 3.673
201512 3.851 99.386 4.160
201603 3.249 99.475 3.506
201606 3.585 100.088 3.845
201609 3.439 99.604 3.707
201612 0.042 99.380 0.045
201703 3.419 100.040 3.669
201706 3.498 100.285 3.745
201709 3.417 100.254 3.659
201712 0.064 100.213 0.069
201803 2.435 100.836 2.592
201806 2.695 101.435 2.852
201809 2.844 101.246 3.016
201812 3.043 100.906 3.237
201903 2.840 101.571 3.002
201906 2.977 102.044 3.132
201909 2.931 101.396 3.103
201912 2.975 101.063 3.160
202003 2.631 101.048 2.795
202006 2.557 100.743 2.725
202009 2.637 100.585 2.814
202012 2.851 100.241 3.053
202103 2.850 100.800 3.035
202106 3.044 101.352 3.224
202109 2.959 101.533 3.129
202112 3.362 101.776 3.546
202203 3.238 103.205 3.368
202206 3.576 104.783 3.664
202209 3.960 104.835 4.055
202212 3.929 104.666 4.030
202303 3.917 106.245 3.958
202306 4.023 106.576 4.052
202309 4.003 106.570 4.033
202312 4.076 106.461 4.110
202403 3.932 107.355 3.932

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.


ABB  (FRA:ABJ) 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.


ABB Cyclically Adjusted PS Ratio Related Terms

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


ABB (FRA:ABJ) Business Description

Industry
Address
Affolternstrasse 44, Zurich, CHE, 8050
ABB is a supplier of electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies: ASEA and BBC. Its products include electrical equipment, industrial robots, and equipment used for industrial automation that are sold via approximately 20 business divisions. ABB is the number one or two supplier in two thirds of its product segments.

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