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Alpha Services and Holdings (FRA:ACBC) Cyclically Adjusted PS Ratio : 0.60 (As of Jun. 07, 2024)


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What is Alpha Services and Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Alpha Services and Holdings's current share price is €0.37. Alpha Services and Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.62. Alpha Services and Holdings's Cyclically Adjusted PS Ratio for today is 0.60.

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

FRA:ACBC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.11   Max: 0.63
Current: 0.57

During the past years, Alpha Services and Holdings's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.05. And the median was 0.11.

FRA:ACBC's Cyclically Adjusted PS Ratio is ranked better than
94.36% of 1187 companies
in the Banks industry
Industry Median: 2.37 vs FRA:ACBC: 0.57

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.

Alpha Services and Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.059. 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 €0.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpha Services and Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alpha Services and 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.

Alpha Services and Holdings Cyclically Adjusted PS Ratio Chart

Alpha Services and Holdings 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 0.14 0.57 0.07 0.13 0.51

Alpha Services and Holdings 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 0.26 0.42 0.38 0.51 0.60

Competitive Comparison of Alpha Services and Holdings's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Alpha Services and 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.


Alpha Services and Holdings's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Alpha Services and Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Alpha Services and 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.

Alpha Services and Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.37/0.62
=0.60

* 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.

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

For example, Alpha Services and 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)
=0.059/117.2848*117.2848
=0.059

Current CPI (Mar. 2024) = 117.2848.

Alpha Services and Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.591 103.060 0.673
201409 0.594 102.624 0.679
201412 0.537 100.254 0.628
201503 0.586 100.549 0.684
201506 0.574 100.838 0.668
201509 0.569 100.856 0.662
201512 0.074 100.087 0.087
201603 0.093 99.041 0.110
201606 0.102 100.121 0.119
201609 0.096 99.878 0.113
201612 0.107 100.110 0.125
201703 0.098 100.770 0.114
201706 0.097 101.138 0.112
201709 0.107 100.882 0.124
201712 0.098 100.762 0.114
201803 0.122 100.534 0.142
201806 0.101 102.121 0.116
201809 0.102 101.982 0.117
201812 0.095 101.330 0.110
201903 0.091 101.482 0.105
201906 0.096 101.837 0.111
201909 0.091 101.906 0.105
201912 0.099 102.120 0.114
202003 0.090 101.479 0.104
202006 0.097 100.239 0.113
202009 0.083 99.886 0.097
202012 0.144 99.751 0.169
202103 0.088 99.817 0.103
202106 -0.263 101.270 -0.305
202109 0.047 102.095 0.054
202112 0.042 104.853 0.047
202203 0.054 108.651 0.058
202206 0.076 113.517 0.079
202209 0.054 114.371 0.055
202212 0.036 112.428 0.038
202303 0.050 113.620 0.052
202306 0.061 115.515 0.062
202309 0.064 116.234 0.065
202312 0.044 116.364 0.044
202403 0.059 117.285 0.059

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.


Alpha Services and Holdings  (FRA:ACBC) 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.


Alpha Services and Holdings Cyclically Adjusted PS Ratio Related Terms

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


Alpha Services and Holdings (FRA:ACBC) Business Description

Address
40 Stadiou Street, Athens, GRC, 102 52
Alpha Services and Holdings SA formerly Alpha Bank AE is the parent company of the Alpha Bank Group, which offers a diverse range of financial and non-financial services, including corporate and retail banking, investment banking, brokerage services, insurance services, real estate management, and hotel services. Alpha Brank primarily operates in Greece but generates some substantive revenue from Southeastern Europe. The vast majority of the group's income is generated by its retail banking and investment banking segments, mostly through net interest income. The bank's retail banking portfolio primarily includes home mortgages, as well as consumer loans, and loans to small businesses.

Alpha Services and Holdings (FRA:ACBC) Headlines

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