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Credit Suisse Group AG (FRA:CSX) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Credit Suisse Group AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Credit Suisse Group AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Credit Suisse Group AG'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.

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Credit Suisse Group AG Cyclically Adjusted PS Ratio Chart

Credit Suisse Group AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
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Credit Suisse Group AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Credit Suisse Group AG's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Credit Suisse Group AG'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.


Credit Suisse Group AG's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credit Suisse Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Credit Suisse Group AG's Cyclically Adjusted PS Ratio falls into.



Credit Suisse Group AG 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.

Credit Suisse Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Credit Suisse Group AG's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.982/104.6662*104.6662
=0.982

Current CPI (Dec. 2022) = 104.6662.

Credit Suisse Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 3.453 101.221 3.571
201306 2.925 101.466 3.017
201309 2.337 101.336 2.414
201312 2.517 101.036 2.607
201403 2.853 101.224 2.950
201406 2.732 101.517 2.817
201409 2.780 101.247 2.874
201412 2.470 100.704 2.567
201503 3.141 100.339 3.276
201506 3.257 100.464 3.393
201509 2.655 99.785 2.785
201512 1.735 99.386 1.827
201603 1.736 99.475 1.827
201606 1.898 100.088 1.985
201609 1.687 99.604 1.773
201612 1.841 99.380 1.939
201703 1.989 100.040 2.081
201706 1.655 100.285 1.727
201709 1.436 100.254 1.499
201712 1.494 100.213 1.560
201803 1.566 100.836 1.625
201806 1.623 101.435 1.675
201809 1.445 101.246 1.494
201812 1.414 100.906 1.467
201903 1.583 101.571 1.631
201906 1.651 102.044 1.693
201909 1.672 101.396 1.726
201912 1.862 101.063 1.928
202003 1.919 101.048 1.988
202006 2.051 100.743 2.131
202009 1.687 100.585 1.755
202012 1.816 100.241 1.896
202103 0.923 100.800 0.958
202106 1.482 101.352 1.530
202109 1.905 101.533 1.964
202112 1.552 101.776 1.596
202203 1.554 103.205 1.576
202206 1.223 104.783 1.222
202209 1.298 104.835 1.296
202212 0.982 104.666 0.982

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.


Credit Suisse Group AG  (FRA:CSX) 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.


Credit Suisse Group AG Cyclically Adjusted PS Ratio Related Terms

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Credit Suisse Group AG (FRA:CSX) Business Description

Traded in Other Exchanges
N/A
Address
Paradeplatz 8, Zurich, CHE, 8001
Credit Suisse runs a global wealth management business, a global investment bank and is one of the two dominant Swiss retail and commercial banks. Geographically its business is tilted toward Europe and the Asia-Pacific.

Credit Suisse Group AG (FRA:CSX) Headlines