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Altri SGPS (FRA:ACJ) Cyclically Adjusted PS Ratio : 1.37 (As of Jun. 21, 2024)


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What is Altri SGPS Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Altri SGPS's current share price is €5.315. Altri SGPS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.87. Altri SGPS's Cyclically Adjusted PS Ratio for today is 1.37.

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

FRA:ACJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.19   Max: 2.07
Current: 1.33

During the past years, Altri SGPS's highest Cyclically Adjusted PS Ratio was 2.07. The lowest was 0.66. And the median was 1.19.

FRA:ACJ's Cyclically Adjusted PS Ratio is ranked worse than
77.11% of 249 companies
in the Forest Products industry
Industry Median: 0.58 vs FRA:ACJ: 1.33

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.

Altri SGPS's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.086. 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 €3.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altri SGPS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Altri SGPS'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.

Altri SGPS Cyclically Adjusted PS Ratio Chart

Altri SGPS 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 1.19 1.08 1.10 1.13 1.19

Altri SGPS 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 1.05 1.08 1.10 1.19 1.32

Competitive Comparison of Altri SGPS's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Altri SGPS'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.


Altri SGPS's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Altri SGPS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Altri SGPS 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.

Altri SGPS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.315/3.87
=1.37

* 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.

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

For example, Altri SGPS'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)
=1.086/120.3960*120.3960
=1.086

Current CPI (Mar. 2024) = 120.3960.

Altri SGPS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.527 99.967 0.635
201409 0.690 99.617 0.834
201412 0.698 99.723 0.843
201503 0.738 100.097 0.888
201506 0.781 100.769 0.933
201509 0.888 100.489 1.064
201512 0.824 100.119 0.991
201603 0.779 100.547 0.933
201606 0.683 101.319 0.812
201609 0.717 101.122 0.854
201612 0.760 100.998 0.906
201703 0.767 101.924 0.906
201706 0.806 102.240 0.949
201709 0.804 102.527 0.944
201712 0.835 102.479 0.981
201803 0.839 102.626 0.984
201806 0.988 103.790 1.146
201809 1.000 103.960 1.158
201812 0.972 103.159 1.134
201903 1.003 103.495 1.167
201906 0.955 104.192 1.104
201909 0.824 103.844 0.955
201912 0.783 103.592 0.910
202003 0.802 103.544 0.933
202006 0.665 104.323 0.767
202009 0.651 103.699 0.756
202012 0.499 103.354 0.581
202103 0.823 104.014 0.953
202106 0.993 104.852 1.140
202109 1.031 105.232 1.180
202112 1.000 106.191 1.134
202203 1.209 109.559 1.329
202206 1.314 114.003 1.388
202209 1.346 114.999 1.409
202212 1.236 116.377 1.279
202303 1.095 117.701 1.120
202306 0.918 117.872 0.938
202309 0.817 119.111 0.826
202312 0.862 118.032 0.879
202403 1.086 120.396 1.086

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.


Altri SGPS  (FRA:ACJ) 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.


Altri SGPS Cyclically Adjusted PS Ratio Related Terms

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


Altri SGPS (FRA:ACJ) Business Description

Traded in Other Exchanges
Address
Rua Manuel Pinto de Azevedo, 818, Porto, PRT, 4100-320
Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Around half of the company's pulp is sold to tissue paper producers, while other main end products include writing and printing paper, and soluble paste, which is used in the production of textiles. It also generates and sells electricity from biomass. The majority of revenue comes from Europe.

Altri SGPS (FRA:ACJ) Headlines

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